Equitable Holdings, Inc. ( (EQH) ) has released its Q4 earnings. Here is a breakdown of the information Equitable Holdings, Inc. presented to its investors.
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Equitable Holdings, Inc., a leading financial services company, operates through its subsidiaries in the areas of retirement, asset management, and protection solutions, with a significant presence in the global market.
Equitable Holdings reported impressive financial results for the full year and fourth quarter of 2024, showcasing strong growth momentum across its business segments. The company achieved record net inflows in its Retirement, Wealth Management, and Asset Management divisions, resulting in a notable increase in net income and operating earnings.
The company’s full-year net income reached $1.3 billion, with non-GAAP operating earnings of $2.0 billion. Equitable Holdings highlighted a robust performance in its Retirement segment, with $7.1 billion net inflows, while Wealth Management and Asset Management also contributed significantly with $4.0 billion and $4.3 billion active net inflows, respectively. The firm successfully returned $1.3 billion to shareholders, maintaining a payout ratio within its target range.
Looking forward, Equitable Holdings expects continued growth in 2025, forecasting an increase in non-GAAP operating EPS consistent with its 12-15% target. The company projects cash generation to rise to $1.6-1.7 billion, driven by ongoing strategic initiatives and organic growth across its core business areas.
