← Equitable Holdings, Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
REVENUES
Other operating costs and expenses $2.1b $1.8b $1.9b $1.7b $2.1b $2.2b $1.9b $1.8b $2.3b
Policy charges and fee income $3.7b $3.8b $3.7b $3.7b $3.6b $3.2b $2.4b $2.5b $2.2b
Premiums $1.1b $1.1b $1.1b $997.0m $960.0m $994.0m $1.1b $1.2b $1.0b
Net derivative gains (losses) $214.0m ($231.0m) ($4.0b) ($1.7b) ($4.5b) $1.7b ($2.4b) ($2.6b) ($2.1b)
Net investment income (loss) $3.1b $2.7b $3.7b $3.5b $3.8b $3.3b $4.3b $4.9b $5.2b
Credit and intent to sell losses on available-for-sale debt securities and loans — — — ($58.0m) $2.0m ($314.0m) ($220.0m) ($82.0m) ($68.0m)
Other investment gains (losses), net ($176.0m) ($44.0m) $73.0m $802.0m $866.0m ($631.0m) ($493.0m) ($51.0m) ($1.3b)
Investment management and service fees $4.1b $4.3b $4.4b $4.6b $5.4b $4.9b $4.8b $5.3b $5.3b
Other income $445.0m $516.0m $554.0m $576.0m $795.0m $825.0m $1.0b $1.3b $1.3b
Policyholders’ benefits $4.4b $2.9b $4.4b $5.3b $3.2b $3.4b $2.8b $2.7b $2.4b
Remeasurement of liability for future policy benefits — — — — $13.0m $66.0m $75.0m $6.0m $38.0m
Change in market risk benefits and purchased market risk benefits — — — — ($5.9b) ($1.3b) ($1.8b) ($2.0b) ($417.0m)
Interest credited to policyholders’ account balances $995.0m $1.1b $1.2b $1.2b $1.2b $1.4b $2.1b $2.5b $3.0b
Compensation and benefits $2.0b $2.1b $2.1b $2.1b $2.4b $2.2b $2.3b $2.4b $2.4b
Commissions and distribution-related payments $1.1b $1.2b $1.2b $1.4b $1.7b $1.6b $1.6b $1.9b $2.1b
Income (loss) from continuing operations, before income taxes $1.3b $2.5b ($2.0b) ($1.1b) ($169.0m) $2.5b $738.0m $2.1b ($1.2b)
Less: Preferred stock dividends — $0 $0 $53.0m $79.0m $80.0m $80.0m $80.0m $61.0m
Total investment gains (losses), net ($191.0m) ($86.0m) $73.0m $744.0m $868.0m ($945.0m) ($713.0m) ($133.0m) ($1.3b)
Total benefits and other deductions $11.2b $9.6b $11.6b $13.5b $11.2b $11.5b $9.8b $10.3b $12.9b
Net income (loss) $1.3b $2.2b ($1.4b) ($349.0m) ($24.0m) $2.0b $1.6b $1.8b ($1.0b)
Net income (loss) attributable to Holdings $834.0m $1.8b ($1.7b) ($648.0m) ($439.0m) $1.8b $1.3b $1.3b ($1.4b)
Net income (loss) available to Holdings’ common shareholders, basic — $1.9b ($1.8b) ($701.0m) ($518.0m) $1.7b $1.2b $1.2b ($1.4b)
Net income (loss) available to Holdings’ common shareholders, diluted — $1.9b ($1.8b) ($701.0m) ($518.0m) $1.7b $1.2b $1.2b ($1.4b)
Less: Net income (loss) attributable to the noncontrolling interest $423.0m $334.0m $297.0m $299.0m $415.0m $241.0m $341.0m $516.0m $343.0m
Basic (in dollars per share) $2.24 $3.87 ($2.91) ($0.77) ($0.06) $5.37 $4.69 $5.68 ($3.48)
Diluted (in dollars per share) $2.24 $3.87 ($2.91) ($0.77) ($0.06) $5.33 $4.67 $5.61 ($3.48)
Interest expense $160.0m $231.0m $221.0m $200.0m $244.0m $201.0m $228.0m $226.0m $224.0m
Amortization of deferred policy acquisition costs ($503.0m) ($333.0m) ($579.0m) $1.6b $393.0m $542.0m $641.0m $711.0m $789.0m
Income tax (expense) benefit ($49.0m) ($307.0m) $599.0m $744.0m $145.0m ($499.0m) $905.0m ($288.0m) $156.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.