Equitable Holdings (EQH)
NYSEFinancialsAsset ManagementSnapshot 2026-09-04
$52.96-1.08%
Close 2026-09-04 · 1-day change
NYSEFinancialsAsset ManagementSnapshot 2026-09-04
QuarterlyIQ Insights · EQH
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within financials on a research-validated quality screen. As of 2026-09-04.
The screen ranks EQH against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 57% of the time over the next year (vs 60% for the rest of the cohort, n=7680).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Execute and close the all-stock merger with Corebridge Financial to create a leading diversified financial services company by the end of 2026.
Stated as a priority in 3 quarters including 2026-Q1 and 2026-Q2. The merger with Corebridge Financial was announced in 2026-Q1 and approved by shareholders in 2026-Q2, with management confirming it remains on track to close by year-end 2026. The transaction is expected to be immediately accretive to earnings and cash generation, supporting the strategic growth trajectory.
“Merger with Corebridge Financial approved by shareholders on July 30th and on track to close by year-end 2026”
“Announced an all-stock merger with Corebridge Financial... expected to close by year-end 2026”
Target $1.8 billion of cash generation for the full year 2026, supported by organic cash flow and insurance company dividends.
Stated as a priority in 3 quarters including 2025-Q4, 2026-Q1, and 2026-Q2. Management projects cash generation to increase from $1.6 billion in 2025 to $1.8 billion in 2026, with regulatory approval for $0.9 billion of dividends in the second half of 2026. Financials show cash from operating activities of $499 million in 2026-Q1 and $643 million in 2026-Q2, indicating progress toward the annual target.
Deliver more than 15% growth in earnings per share in 2026, continuing a targeted 12-15% EPS CAGR through 2027.
Stated as a priority in 3 quarters including 2025-Q4, 2026-Q1, and 2026-Q2. Non-GAAP operating earnings per share grew from $1.30 in 2025-Q1 to $1.70 in 2026-Q2, reflecting over 15% growth. Management reiterates focus on a 12-15% EPS CAGR through 2027. The trajectory shows delivering EPS growth consistent with stated targets.
Sustain a dividend payout ratio within the 60-70% range for 2026, balancing shareholder returns and capital management.
Stated as a priority in 3 quarters including 2025-Q4, 2026-Q1, and 2026-Q2. The payout ratio was 68% in 2025 and 70% in the first half of 2026, consistent with the 60-70% target range. Management returned $449 million to shareholders in 2026-Q2, demonstrating delivery on the payout ratio commitment.
“Returned $449 million to shareholders, on track to deliver a 60-70% payout ratio target in 2026”
Implement a share repurchase program to return capital to shareholders, complementing dividends and supporting capital allocation strategy.
Stated as a priority in 2 quarters including 2026-Q2 and April 2026 event. The Company announced a share buyback program in April 2026 and repurchased $366 million of shares in 2026-Q2. This shows execution of the capital return strategy through buybacks, though the program is relatively recent.
Over the trailing year it converted 3.07x of net income into operating cash flow. Historically, Financials names rated robust grew net income 62% of the time over the next year (vs 56% for the rest of the cohort, n=6844).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
16 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Financials names rated neutral grew net income 56% of the time over the next year (vs 58% for the rest of the cohort, n=3751).
Not investment advice. As of 2026-09-04.
“The Company continues to target $1.8 billion of cash generation for 2026”
“Remain confident in achieving our 2026 guidance of $1.8 billion of cash generation”
“Organic cash generation of $1.6 billion in 2025, expected to increase to c.$1.8 billion in 2026”
“Non-GAAP operating earnings per share of $1.70, up 24% from prior year quarter”
“Non-GAAP operating earnings per share of $1.62, up 25% from prior year quarter”
“Focused on achieving targeted 12-15% EPS CAGR for 2023-2027”
“Remain committed to the 60-70% payout ratio target for 2026”
“Full year payout ratio was 68%, at the high end of the 60-70% target range”
“Returned $366 million of share repurchases in the quarter”