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Equitable Holdings, Inc. cash flow statement

In fiscal 2025, Equitable Holdings, Inc.'s operations generated $714m of cash. It returned $314m in dividends and $1.45bn through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Equitable Holdings, Inc.: cash flow statement, annual
Fiscal year2016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash from operations−236−24361−216−61−193−250−2082,0067141,357
Depreciation and amortisation—386296675———————
Stock-based pay213247228276252274328294313262273
Dividends paid00157285297296294301302314317
Share buybacks006481,3504301,6378499191,0141,4501,466

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Equitable Holdings, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Equitable Holdings, Inc.