Equitable Cash Flow Statement
NYSE: EQHFinanceSpecialty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Equitable free cash flow
In fiscal 2025, Equitable generated $714.0 million of operating cash flow. That left free cash flow of $714.0 million, a free-cash-flow margin of 6.1% of revenue. Free cash flow was down 64.4% from the prior year's $2.01 billion.
Equitable returned $1.76 billion to shareholders: $314.0 million in dividends and $1.45 billion in share repurchases, equal to 247% of free cash flow. Free cash flow covered dividend payments 2.3 times.
Summary generated from market data by MetaCap's automated system. Methodology
Equitable cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | -1.04B | 1.80B | 1.62B | 2.38B | 2.17B | -349.00M | -1.47B | 2.19B | 1.20B | 1.65B |
| Net Income growth (YoY) | -157.74% | +10.59% | -31.79% | +9.72% | — | — | -167.02% | +82.26% | -27.17% | — |
| Depreciation & Amortization | — | — | — | — | — | — | 675.00M | 296.00M | 386.00M | — |
| Stock-Based Compensation | 262.00M | 313.00M | 294.00M | 328.00M | 274.00M | 252.00M | 276.00M | 228.00M | 247.00M | 213.00M |
| Operating Cash Flow | 714.00M | 2.01B | -208.00M | -250.00M | -193.00M | -61.00M | -216.00M | 61.00M | -243.00M | -236.00M |
| Investing Cash Flow | -10.97B | -15.86B | -4.85B | -7.49B | -12.69B | -7.82B | -8.50B | -2.05B | -9.69B | -5.77B |
| Dividends Paid | -314.00M | -302.00M | -301.00M | -294.00M | -296.00M | -297.00M | -285.00M | -157.00M | 0 | 0 |
| Share Repurchases | -1.45B | -1.01B | -919.00M | -849.00M | -1.64B | -430.00M | -1.35B | -648.00M | 0 | 0 |
| Debt Issued | 495.00M | 0 | 497.00M | 0 | 0 | 0 | 0 | 4.06B | 0 | 0 |
| Debt Repaid | -500.00M | -565.00M | 0 | 0 | -280.00M | 0 | -300.00M | 0 | 0 | — |
| Financing Cash Flow | 15.72B | 12.44B | 9.00B | 7.04B | 11.95B | 9.67B | 8.71B | 1.66B | 9.07B | 5.11B |
| Net Change in Cash | 5.50B | -1.43B | 3.96B | -748.00M | -952.00M | 1.81B | 1.00M | -345.00M | -840.00M | -903.00M |
| Free Cash Flow | 714.00M | 2.01B | -208.00M | -250.00M | -193.00M | -61.00M | -216.00M | 61.00M | -243.00M | -236.00M |
This table shows 10 annual periods of Equitable's cash flow statement, from FY 2025 back to FY 2016, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow EQH's reporting calendar. What is a cash flow statement?