← Equitable Holdings, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $4.5b | $4.4b | $6.2b | $5.2b | $4.3b | $8.2b | $7.0b | $12.5b | |
| Broker-dealer related receivables | $2.2b | $2.0b | $2.2b | $2.6b | $2.3b | $1.8b | $2.0b | $2.2b | |
| Goodwill and other intangible assets, net | $4.8b | $4.8b | $4.7b | $4.7b | $5.5b | $5.4b | $5.4b | $5.3b | |
| Other assets | $3.1b | $3.8b | $3.7b | $3.6b | $4.0b | $3.3b | $4.5b | $3.8b | |
| Fixed maturities available-for-sale, at fair value (amortized cost of $82,106 and $84,717) (allowance for credit losses of $0 and $2) | $46.3b | $66.3b | $81.6b | $78.2b | $63.4b | $67.0b | $76.6b | $77.2b | |
| Fixed maturities, at fair value using the fair value option | — | $0 | $389.0m | $1.6b | $1.5b | $1.7b | $2.1b | $2.9b | |
| Mortgage loans on real estate (net of allowance for credit losses of $313 and $278) | $11.8b | $12.1b | $13.2b | $14.0b | $16.5b | $18.2b | $20.1b | $22.7b | |
| Mortgage loans, at fair value using the fair value option | — | — | — | — | — | — | $0 | $50.0m | |
| Policy loans | $3.8b | $3.7b | $4.1b | $4.0b | $4.0b | $4.2b | $4.3b | $1.9b | |
| Other equity investments | $1.3b | $1.3b | $1.5b | $3.0b | $3.2b | $3.4b | $3.7b | $3.8b | |
| Trading securities, at fair value | $16.0b | $7.0b | $5.6b | $631.0m | $677.0m | $1.1b | $1.1b | $1.6b | |
| Other invested assets | $2.0b | $2.8b | $2.7b | $3.6b | $3.9b | $6.7b | $8.5b | $11.0b | |
| Cash and securities segregated, at fair value | $1.2b | $1.1b | $1.8b | $1.5b | $1.5b | $868.0m | $500.0m | $499.0m | |
| Deferred policy acquisition costs | $6.7b | $5.9b | $4.2b | $5.5b | $8.2b | $6.7b | $7.2b | $7.5b | |
| Amounts due from reinsurers (allowance for credit losses of $7 and $8) | $4.9b | $4.6b | $4.6b | $14.7b | $17.2b | $8.4b | $8.0b | $20.1b | |
| Current and deferred income taxes | $68.0m | $549.0m | $749.0m | $0 | $714.0m | $2.0b | $2.0b | $2.6b | |
| Purchased market risk benefits | — | — | — | — | $10.4b | $9.4b | $7.4b | $5.3b | |
| Assets for market risk benefits | — | — | — | — | $490.0m | $591.0m | $863.0m | $752.0m | |
| Separate Accounts assets | $110.3b | $126.9b | $135.9b | $147.3b | $114.9b | $127.3b | $134.7b | $136.5b | |
| Policyholders’ account balances | $49.9b | $58.9b | $66.8b | $79.4b | $83.9b | $95.7b | $111.0b | $133.4b | |
| Liability for market risk benefits | — | — | — | — | $15.8b | $14.6b | $11.8b | $10.2b | |
| Future policy benefits and other policyholders’ liabilities | $31.0b | $34.6b | $39.9b | $36.7b | $34.1b | $17.4b | $17.6b | $17.7b | |
| Broker-dealer related payables | $431.0m | $722.0m | $1.4b | $1.3b | $715.0m | $1.2b | $775.0m | $1.4b | |
| Customer related payables | $3.1b | $2.5b | $3.4b | $3.6b | $3.3b | $2.2b | $1.9b | $1.9b | |
| Amounts due to reinsurers | $1.4b | $1.4b | $1.4b | $1.4b | $1.5b | $1.4b | $1.4b | $1.5b | |
| Notes issued by consolidated variable interest entities, at fair value using the fair value option | — | $0 | $313.0m | $1.2b | $1.1b | $1.6b | $2.1b | $2.7b | |
| Other liabilities | $3.4b | $4.0b | $3.7b | $3.9b | $5.9b | $6.1b | $7.1b | $7.0b | |
| Separate Accounts liabilities | $110.3b | $126.9b | $135.9b | $147.3b | $114.9b | $127.3b | $134.7b | $136.5b | |
| Total investments | $81.3b | $93.3b | $109.1b | $105.1b | $93.1b | $102.2b | $116.4b | $121.0b | |
| Total equity attributable to Holdings | $13.9b | $13.5b | $15.6b | $11.5b | $1.7b | $2.6b | $1.6b | ($74.0m) | |
| Total Equity | $15.4b | $15.1b | $17.2b | $13.1b | $3.4b | $4.4b | $3.4b | $1.5b | |
| Total Assets | $220.8b | $249.9b | $275.4b | $292.3b | $253.5b | $276.8b | $295.9b | $318.0b | |
| Short-term debt | — | — | — | $92.0m | $759.0m | $254.0m | $0 | $25.0m | |
| Long-term debt | — | — | — | $3.8b | $3.3b | $3.8b | $3.8b | $3.8b | |
| Total Liabilities | $205.2b | $234.4b | $258.1b | $278.7b | $249.6b | $271.7b | $292.3b | $316.2b | |
| Redeemable noncontrolling interest | $187.0m | $365.0m | $143.0m | $468.0m | $455.0m | $770.0m | $125.0m | $322.0m | |
| Preferred stock and additional paid-in capital, $1 par value and $25,000 liquidation preference | — | $775.0m | $1.3b | $1.6b | $1.6b | $1.6b | $1.5b | $1.1b | |
| Common stock, $0.01 par value, 2,000,000,000 shares authorized; 468,341,734 and 477,801,636 shares issued, respectively; 283,358,187 and 309,900,248 shares outstanding, respectively | 5.0m | 5.0m | 5.0m | 4.0m | 4.0m | 5.0m | 5.0m | 5.0m | |
| Additional paid-in capital | $1.9b | $1.9b | $2.0b | $1.9b | $2.3b | $2.3b | $2.3b | $1.9b | |
| Treasury stock, at cost, 184,983,547 and 167,901,388 shares, respectively | — | — | — | — | ($3.3b) | ($3.7b) | ($4.2b) | ($5.2b) | |
| Retained earnings | $14.0b | $11.8b | $10.7b | $8.9b | $9.9b | $10.2b | $10.6b | $8.4b | |
| Accumulated other comprehensive income (loss) | ($1.4b) | $840.0m | $3.9b | $2.0b | ($8.8b) | ($7.8b) | ($8.7b) | ($6.3b) | |
| Noncontrolling interest | $1.6b | $1.6b | $1.6b | $1.6b | $1.7b | $1.7b | $1.9b | $1.5b | |
| Total Liabilities, Redeemable Noncontrolling Interest and Equity | $220.8b | $249.9b | $275.4b | $292.3b | $253.5b | $276.8b | $295.9b | $318.0b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.