| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 46.70 | 1 |
| Intrinsic value (DCF) | 19.83 | -57 |
| Graham-Dodd Method | n/a | |
| Graham Formula | 103.92 | 124 |
Equitable Holdings, Inc. (NYSE: EQH) is a leading diversified financial services company with a rich history dating back to 1859. Headquartered in New York, the company operates through four core segments: Individual Retirement, Group Retirement, Investment Management and Research, and Protection Solutions. EQH specializes in providing variable annuity products, retirement services, and life insurance solutions tailored to affluent and high-net-worth individuals, as well as small and medium-sized businesses. The company's Investment Management and Research segment offers institutional-grade research and asset management services, enhancing its value proposition in the competitive financial services sector. With a market capitalization exceeding $15.7 billion, EQH maintains a strong balance sheet, supported by $6.96 billion in cash and equivalents. The firm's diversified revenue streams and long-standing reputation position it as a key player in the insurance and wealth management industries. Investors value EQH for its stable dividend yield and consistent performance in the financial services landscape.
Equitable Holdings presents a compelling investment case with its diversified revenue streams, strong balance sheet, and consistent profitability. The company's net income of $1.31 billion and diluted EPS of $3.78 demonstrate robust earnings power, while its $2.01 billion in operating cash flow provides ample liquidity for growth initiatives and shareholder returns. EQH's beta of 1.134 suggests moderate sensitivity to market movements, appealing to investors seeking financial sector exposure with manageable volatility. The $0.96 annual dividend per share offers an attractive yield, supported by the company's solid cash position. However, investors should monitor the $3.83 billion in total debt and competitive pressures in the annuity and retirement solutions markets. The company's focus on high-net-worth clients provides margin advantages but also exposes it to economic cycles affecting affluent demographics.
Equitable Holdings competes in the crowded financial services sector by leveraging its specialized focus on affluent and high-net-worth clients. The company's competitive advantage stems from its 160+ years of brand recognition, diversified product portfolio across retirement and protection solutions, and institutional-grade investment management capabilities. EQH's Individual Retirement segment competes primarily on product innovation in variable annuities, while its Group Retirement business benefits from tailored solutions for educational and non-profit sectors. The Investment Management segment differentiates through research-driven strategies, though it faces stiff competition from larger asset managers. In Protection Solutions, EQH's combination of universal life and disability products creates cross-selling opportunities. The company's mid-sized scale allows for agility compared to mega-cap competitors but may limit pricing power in commoditized product lines. EQH's $12.44 billion revenue base positions it as a significant but not dominant player, requiring continued differentiation in high-margin niche segments to maintain competitiveness against both traditional insurers and fintech disruptors.