Equitable Holdings, Inc. (EQH) · 10+ Years of Financial statements

Income Statement	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	13,063	10,079	11,901	12,514	12,078	9,591	12,415	11,036	12,644	10,528
+ Sales & Services Revenue	13,063	10,079	11,901	12,514	12,078	9,591	12,415	11,036	12,644	10,528
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	13,063	10,079	11,763	12,460	12,069	9,619	12,415	7,614	12,644	10,528
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	13,063	10,079	11,763	12,460	12,069	9,619	12,415	7,614	12,644	10,528
+ Selling, General & Admin	2,109	2,165	2,119	2,137	2,079	2,081	2,096	2,360	2,201	2,328
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	10,954	7,914	9,644	10,323	9,990	7,538	10,319	5,254	10,443	8,200
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-2,427	-441	-1,924	-1,314	-2,461	2,035	1,093	169	-2,992	-738
+ Interest Expense, Net	389	136	174	160	231	221	200	244	201	228
+ Interest Expense	389	136	174	160	231	221	200	244	201	228
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-2,816	-577	-2,098	-1,474	-2,692	1,814	893	-75	-3,193	-966
Pretax Income	2,427	441	1,924	1,314	2,461	-2,035	-1,093	-169	2,992	738
- Income Tax Expense (Benefit)	477	-217	354	41	307	-599	-744	-145	598	-905
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	1,950	658	1,570	1,273	2,154	-1,436	-349	-24	2,394	1,643
- Net Extraordinary Losses (Gains)	640	650	746	846	668	594	598	830	482	682
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	640	650	746	846	668	594	598	830	482	682
Income (Loss) Incl. MI	1,310	8	824	427	1,486	-2,030	-947	-854	1,912	961
- Minority Interest	-320	-325	-373	-423	-334	-297	-299	-415	-241	-341
Net Income, GAAP	1,630	333	1,197	850	1,820	-1,733	-648	-439	2,153	1,302
- Preferred Dividends	- -	- -	- -	- -	- -	- -	53	79	80	80
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	1,630	333	1,197	850	1,820	-1,733	-701	-518	2,073	1,222
Basic Weighted Avg Shares	561	561	561	561	556	494	450	417	378	350
Basic EPS, GAAP	2.91	0.59	2.13	1.52	3.27	-3.51	-1.56	-1.24	5.49	3.49
Basic EPS from Cont Ops	3.48	1.17	2.8	2.27	3.87	-2.91	-0.77	-0.06	6.34	4.69
Diluted Weighted Avg Shares	561	561	561	561	556	494	450	421	380	352
Diluted EPS, GAAP	2.91	0.59	2.13	1.52	3.27	-3.51	-1.56	-1.23	5.46	3.48
Diluted EPS from Cont Ops	3.48	1.17	2.8	2.27	3.87	-2.91	-0.77	-0.06	6.3	4.67
EBITDA	353	9	758	399	296	675	1,757	519	636	812
EBITDA Margin (%)	2.7	0.09	6.37	3.19	2.45	7.04	14.15	4.7	5.03	7.71
EBITA	- -	- -	627	503	39	18	- -	22	- -	- -
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	12.48	3.3	10.06	6.79	15.07	-18.07	-5.22	-3.98	17.03	12.37
Sales per Employee	- -	- -	- -	1,668,533	1,548,462	1,214,051	1,571,519	1,414,872	1,541,951	1,238,588
Dividend per Share	- -	- -	- -	- -	0.28	0.58	0.78	0.9	0.99	1.09
Depreciation Expense	353	9	131	-104	257	657	1,757	497	636	812

Balance Sheet	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	- -	53,688	54,853	58,936	57,852	77,327	94,606	100,682	79,232	87,508
+ Cash, Cash Equivalents & STI	- -	46,446	47,533	51,755	50,748	70,748	88,206	85,045	67,642	75,269
+ Cash & Cash Equivalents	- -	6,557	5,654	4,814	4,469	4,405	6,179	5,188	4,281	8,239
+ ST Investments	- -	39,889	41,879	46,941	46,279	66,343	82,027	79,857	63,361	67,030
+ Accounts & Notes Receiv	- -	7,242	7,320	7,181	7,104	6,579	6,789	17,278	11,590	12,239
+ Accounts Receivable, Net	- -	5,270	5,220	5,023	4,895	4,592	4,566	14,679	8,471	8,352
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	1,236	1,249	1,222	-7	- -	-81	-62	-129	-279
+ Other Receivable, Net	- -	736	851	936	2,216	1,987	2,304	2,661	3,248	4,166
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	- -	- -	- -	- -	- -	-389	-1,641	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	151,881	161,761	176,679	162,945	172,491	180,791	191,580	173,470	189,306
+ Property, Plant & Equip, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Accumulated Depreciation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments & Receivables	- -	51,170	55,309	62,503	63,630	74,718	89,082	83,463	71,487	75,235
+ LT Investments	- -	51,170	55,309	62,503	63,630	74,718	89,082	83,463	71,487	75,235
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	100,711	106,452	114,176	99,315	97,773	91,709	108,117	101,983	114,071
+ Total Intangible Assets	- -	5,242	5,243	4,824	4,780	4,751	4,737	4,728	5,482	5,433
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	5,242	5,243	4,824	4,780	4,751	4,737	4,728	5,482	5,433
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	95,469	101,209	109,352	94,535	93,022	86,972	103,389	96,501	108,638
Total Assets	- -	205,569	216,587	235,648	220,797	249,870	275,397	292,262	252,702	276,814
+ Payables & Accruals	- -	3,660	4,408	4,448	5,032	5,198	6,241	6,264	5,571	4,883
+ Accounts Payable	- -	1,945	2,048	2,219	4,964	4,649	2,824	6,264	5,571	4,883
+ Accrued Taxes	- -	- -	- -	- -	68	549	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	1,715	2,360	2,229	- -	- -	3,417	- -	- -	- -
+ ST Debt	- -	2,119	1,630	2,948	546	- -	- -	92	759	254
+ ST Borrowings	- -	2,119	1,630	2,948	546	- -	- -	92	759	254
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	- -	- -	1	-68	-549	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	1	-68	-549	- -	- -	- -	- -
Total Current Liabilities	- -	5,779	6,038	7,397	5,510	4,649	6,241	6,356	6,330	5,137
+ LT Debt	- -	4,332	2,879	3,082	4,409	4,111	4,115	5,030	4,472	5,379
+ LT Borrowings	- -	4,332	2,879	3,082	4,409	4,111	4,115	5,030	4,472	5,379
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	- -	181,876	192,697	207,992	195,259	225,646	247,721	267,313	238,304	261,140
+ Accrued Liabilities	- -	- -	- -	- -	68	549	749	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	181,876	192,697	207,992	195,191	225,097	246,972	267,313	238,304	261,140
Total Noncurrent Liabilities	- -	186,208	195,576	211,074	199,668	229,757	251,836	272,343	242,776	266,519
Total Liabilities	- -	191,987	201,682	218,440	205,178	234,379	275,397	278,699	249,106	271,656
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	775	1,269	1,562	1,562	1,562
+ Share Capital & APIC	- -	958	954	1,304	1,913	1,925	1,990	1,923	2,303	2,333
+ Common Stock	- -	- -	6	6	5	5	5	4	4	5
+ Additional Paid in Capital	- -	958	948	1,298	1,908	1,920	1,985	1,919	2,299	2,328
- Treasury Stock	- -	- -	- -	- -	640	1,832	2,245	2,850	3,297	3,712
+ Retained Earnings	- -	10,159	11,356	12,289	13,989	11,827	10,699	8,880	9,825	10,243
+ Other Equity	- -	-677	-943	-108	-1,396	840	3,863	2,004	-8,992	-7,777
Equity Before Minority Interest	- -	10,440	11,361	13,485	13,866	13,535	8,700	11,519	1,401	2,649
+ Minority/Non Controlling Interest	- -	3,142	3,544	3,723	1,753	1,956	1,744	2,044	2,195	2,509
Total Equity	- -	13,582	14,905	17,208	15,619	15,491	10,444	13,563	3,596	5,158
Total Liabilities & Equity	- -	205,569	216,587	235,648	220,797	249,870	285,841	292,262	252,702	276,814
Shares Outstanding	561	561	561	561	529	464	441	391	365	334
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	- -	-106	-1,145	1,216	486	-294	-2,064	-66	950	-2,606
Net Debt to Equity	- -	-0.78	-7.68	7.07	3.11	-1.9	-19.76	-0.49	26.42	-50.52
Tangible Common Equity Ratio	- -	4.16	4.57	5.37	5.02	4.07	1.64	2.53	-1.39	-0.68
Current Ratio	- -	9.29	9.08	7.97	10.5	16.63	15.16	15.84	12.52	17.03
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Number of Employees	- -	- -	- -	7,500	7,800	7,900	7,900	7,800	8,200	8,500

Cash Flow Statement	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
+ Net Income	1,950	658	1,570	1,273	2,154	-1,436	-349	-24	2,394	1,643
+ Depreciation & Amortization	353	9	758	399	296	675	1,757	519	636	812
+ Non-Cash Items	-3,870	-796	-2,902	-2,737	-2,001	1,096	-1,579	856	-1,875	1,112
+ Stock-Based Compensation	- -	176	213	185	228	278	210	226	286	234
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	369	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	-3,870	-972	-3,115	-3,291	-2,229	818	-1,789	630	-2,161	878
+ Chg in Non-Cash Work Cap	939	-63	338	2,086	-388	-551	110	-2,107	-1,405	-3,775
+ (Inc) Dec in Accts Receiv	- -	- -	24	124	-191	-146	-401	-1,077	-636	-1,471
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	436	-163	-240	759	633	-108	-571	- -	- -	- -
+ Inc (Dec) in Other	503	100	554	1,203	-830	-297	1,082	-1,030	-769	-2,304
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-628	-192	-236	1,021	61	-216	-61	-756	-250	-208
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-92	-83	-97	-102	-123	-93	-107	-120	-167	-117
+ Acq of Fixed Prod Assets	-92	-83	-97	-102	-123	-93	-107	-120	-167	-117
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	-2,579	-1,980	-5,009	-6,266	-3,015	-6,822	-6,496	-10,892	-4,311	-2,769
+ Dec in LT Investment	17,545	25,213	16,447	22,570	26,238	26,687	23,818	40,443	17,018	15,262
+ Inc in LT Investment	-20,124	-27,193	-21,456	-28,836	-29,253	-33,509	-30,314	-51,335	-21,329	-18,031
+ Net Cash From Acq & Div	-35	- -	64	-130	139	5	219	215	40	- -
+ Cash from Divestitures	26	- -	136	- -	139	5	219	215	40	- -
+ Cash for Acq of Subs	-61	- -	-72	-130	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	1,089	-78	-726	-3,191	950	-1,586	-1,439	-1,892	-3,049	-1,965
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-1,617	-2,141	-5,768	-9,689	-2,049	-8,496	-7,823	-12,689	-7,487	-4,851
+ Dividends Paid	- -	- -	- -	- -	-157	-285	-350	-375	-374	-381
+ Net Cash From Debt	-1,032	-960	-1,752	675	1,057	-300	313	593	-37	899
+ Cash From Debt	3,738	694	- -	731	4,057	- -	313	873	6	899
+ Repayments of Debt	-4,770	-1,654	-1,752	-56	-3,000	-300	- -	-280	-43	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	-648	-1,350	-430	-1,637	-849	-919
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	-648	-1,350	-430	-1,637	-849	-919
+ Other Financing Activities	5,122	3,858	6,863	7,131	1,403	10,640	10,141	13,930	8,305	9,401
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	4,090	2,898	5,111	7,806	1,655	8,705	9,674	12,511	7,045	9,000
Effect of Foreign Exchange Rates	-20	-10	-10	22	-12	8	23	-18	-56	23
Net Changes in Cash	1,845	565	-893	-862	-333	-7	1,790	-934	-692	3,941
EBITDA	353	9	758	399	296	675	1,757	519	636	812
EBITDA Margin (%)	2.7	0.09	6.37	3.19	2.45	7.04	14.15	4.7	5.03	7.71
Net Cash Paid for Acquisitions	35	- -	-64	130	-139	-5	-219	-215	-40	- -
Free Cash Flow	-720	-275	-333	919	-62	-309	-168	-876	-417	-325
Free Cash Flow to Firm	-407	- -	-191	1,074	140	- -	- -	- -	-256	- -
Free Cash Flow to Equity	- -	-1,235	-2,085	1,594	995	166	586	-69	-534	494
Free Cash Flow per Basic Share	-1.28	-0.49	-0.59	1.64	-0.11	-0.63	-0.37	-2.1	-1.1	-0.93
Price/Free Cash Flow	- -	- -	- -	- -	48.33	-99.08	246.74	-21.74	-131.23	-129.86
Cash Flow to Net Income	-0.39	-0.58	-0.2	1.2	0.03	0.12	0.09	1.72	-0.12	-0.16

Equitable Holdings, Inc.

EQH US

40.31

40.31