Equitable Holdings (EQH) FY2022 results: revenue $12.6 billion, up 66.1% on the year
Equitable Holdings, Inc. (EQH) reported revenue of $12.6 billion for fiscal 2022, the year ended 31 December 2022, up 66.1% on the year before. Net income was $2.2 billion, up 22.7%, and diluted earnings per share $5.46. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2023.
Revenue
$12.6 billion
+66.1% on the year
FY2016FY2022
Operating margin
23.7%
34.3% a year earlier
FY2016FY2022
Net income
$2.2 billion
+22.7% on the year
FY2016FY2022
Diluted EPS
$5.46
+37.2% on the year
FY2016FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
-250
-193
-61.0
Cash from investing
-7,487
-12,689
-7,823
Cash from financing
7,045
11,948
9,674
-41.0%
Share-based compensation
328
274
252
+19.7%
Buybacks
849
1,637
430
-48.1%
Dividends paid
294
296
297
-0.7%
Dividend per share
$0.78
$0.71
$0.66
+9.9%
Diluted shares, weighted
380m
421m
450m
-9.8%
Shares outstanding at period end
365m
391m
441m
-6.7%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,401
10,351
15,576
-86.5%
Non-controlling interest
1,740
1,576
1,601
+10.4%
Redeemable equity
455
468
143
-2.8%
Debt
4,081
3,931
4,115
+3.8%
Other liabilities
245,025
279,362
253,962
-12.3%
Total liabilities and equity
252,702
295,688
275,397
-14.5%
Securities held for sale or to maturity
63,361
78,216
81,638
-19.0%
Loans
16,481
14,033
13,159
+17.4%
Cash and equivalents
4,281
5,188
6,179
-17.5%
Other assets
168,579
198,251
174,421
-15.0%
Total assets
252,702
295,688
275,397
-14.5%
10-K for the year ended 31 December 2022, filed 21 February 2023: the filing.