Equitable Holdings Q4 2024 Earnings Report
Key Takeaways
Equitable Holdings reported a net income of $899 million for Q4 2024, or $2.76 per share, compared to a net loss of $(698) million in Q4 2023. Non-GAAP operating earnings were $522 million, or $1.57 per share. The company returned $335 million to shareholders during the quarter.
Net income for the fourth quarter was $899 million, or $2.76 per share.
Non-GAAP operating earnings for the fourth quarter were $522 million, or $1.57 per share.
Returned $335 million to shareholders in the fourth quarter.
Total AUM/A was $1.0 trillion, a year-over-year increase of 10%.
Equitable Holdings
Equitable Holdings
Equitable Holdings Revenue by Segment
Forward Guidance
Equitable Holdings expects strong momentum to continue in 2025, forecasting Non-GAAP operating EPS growth consistent with its 12-15% target and projecting cash generation to increase to $1.6-1.7 billion.
Positive Outlook
- Strong momentum expected to continue in 2025.
- Non-GAAP operating EPS growth projected to be consistent with 12-15% target.
- Cash generation projected to increase to $1.6-1.7 billion.
- Supported by organic growth across Retirement, Asset Management, and Wealth Management businesses.
- Continued execution against strategic initiatives.