Axa Equitable Holdings Inc (EQH) - Net Assets
Based on the latest financial reports, Axa Equitable Holdings Inc (EQH) has net assets worth $2.25 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($310.38 Billion) and total liabilities ($308.13 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Axa Equitable Holdings Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.25 Billion |
| % of Total Assets | 0.72% |
| Annual Growth Rate | -18.35% |
| 5-Year Change | -86.82% |
| 10-Year Change | -88.0% |
| Growth Volatility | 32.62 |
Axa Equitable Holdings Inc - Net Assets Trend (2015–2025)
This chart illustrates how Axa Equitable Holdings Inc's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Axa Equitable Holdings Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Axa Equitable Holdings Inc (2015–2025)
The table below shows the annual net assets of Axa Equitable Holdings Inc from 2015 to 2025. For live valuation and market cap data, see Axa Equitable Holdings Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.79 Billion | -49.89% |
| 2024-12-31 | $3.57 Billion | -30.83% |
| 2023-12-31 | $5.16 Billion | +43.44% |
| 2022-12-31 | $3.60 Billion | -73.49% |
| 2021-12-31 | $13.56 Billion | -21.69% |
| 2020-12-31 | $17.32 Billion | +11.81% |
| 2019-12-31 | $15.49 Billion | -0.82% |
| 2018-12-31 | $15.62 Billion | -9.23% |
| 2017-12-31 | $17.21 Billion | +15.45% |
| 2016-12-31 | $14.90 Billion | +9.74% |
| 2015-12-31 | $13.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Axa Equitable Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 17.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $8.37 Billion | % |
| Common Stock | $5.00 Million | % |
| Other Comprehensive Income | $-6.28 Billion | % |
| Total Equity | $-74.00 Million | 100.00% |
Axa Equitable Holdings Inc Competitors by Market Cap
The table below lists competitors of Axa Equitable Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Unisplendour Corp Ltd
SHE:000938
|
$11.49 Billion |
|
Aritzia Inc
TO:ATZ
|
$11.50 Billion |
|
Tradeweb Markets Inc
NASDAQ:TW
|
$11.51 Billion |
|
First Horizon Corporation
NYSE:FHN
|
$11.52 Billion |
|
The Phoenix Holdings Ltd.
TA:PHOE
|
$11.46 Billion |
|
Trimble Inc
NASDAQ:TRMB
|
$11.46 Billion |
|
China XD Electric Co Ltd
SHG:601179
|
$11.45 Billion |
|
Astra International Tbk
JK:ASII
|
$11.41 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Axa Equitable Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,585,000,000 to -74,000,000, a change of -1,659,000,000 (-104.7%).
- Net loss of 1,380,000,000 reduced equity.
- Dividend payments of 375,000,000 reduced retained earnings.
- Share repurchases of 2,822,000,000 reduced equity.
- Other comprehensive income increased equity by 2,432,000,000.
- Other factors increased equity by 486,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.38 Billion | -1864.86% |
| Dividends Paid | $375.00 Million | -506.76% |
| Share Repurchases | $2.82 Billion | -3813.51% |
| Other Comprehensive Income | $2.43 Billion | +3286.49% |
| Other Changes | $486.00 Million | +656.76% |
| Total Change | $- | -104.67% |
Book Value vs Market Value Analysis
This analysis compares Axa Equitable Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $24.21 | $45.29 | x |
| 2016-12-31 | $26.57 | $45.29 | x |
| 2017-12-31 | $30.67 | $45.29 | x |
| 2018-12-31 | $28.07 | $45.29 | x |
| 2019-12-31 | $31.38 | $45.29 | x |
| 2020-12-31 | $38.45 | $45.29 | x |
| 2021-12-31 | $27.60 | $45.29 | x |
| 2022-12-31 | $3.69 | $45.29 | x |
| 2023-12-31 | $7.53 | $45.29 | x |
| 2024-12-31 | $4.88 | $45.29 | x |
| 2025-12-31 | $-0.25 | $45.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Axa Equitable Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.83%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (28.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 2.45% | 3.30% | 0.05x | 15.14x | $-1.03 Billion |
| 2016 | 8.41% | 10.66% | 0.05x | 14.53x | $-236.50 Million |
| 2017 | 4.85% | 6.69% | 0.05x | 13.69x | $-886.80 Million |
| 2018 | 11.88% | 15.37% | 0.05x | 14.14x | $293.10 Million |
| 2019 | -11.39% | -18.34% | 0.04x | 16.13x | $-3.31 Billion |
| 2020 | -3.74% | -5.22% | 0.04x | 16.30x | $-2.38 Billion |
| 2021 | 15.24% | 23.05% | 0.03x | 25.37x | $603.10 Million |
| 2022 | 153.68% | 17.03% | 0.05x | 180.37x | $2.01 Billion |
| 2023 | 49.15% | 12.37% | 0.04x | 104.50x | $1.04 Billion |
| 2024 | 82.46% | 10.51% | 0.04x | 186.67x | $1.15 Billion |
| 2025 | 0.00% | -11.83% | 0.04x | 0.00x | $-1.37 Billion |
Industry Comparison
This section compares Axa Equitable Holdings Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,436,657,108
- Average return on equity (ROE) among peers: -13.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Axa Equitable Holdings Inc (EQH) | $2.25 Billion | 2.45% | 136.95x | $11.49 Billion |
| Acadian Asset Management Inc (AAMI) | $49.50 Million | 132.93% | 11.35x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.58 Billion | 11.79% | 0.00x | $3.27 Billion |
| Associated Capital Group Inc (AC) | $898.30 Million | 4.93% | 0.04x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $77.47 Million | -13.30% | 0.03x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $1.40 Million | -229.54% | 1.40x | $194.14 Million |
| Alpha Compute Corp (ALP) | $4.53 Million | -55.38% | 0.03x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $83.45 Million | -7.38% | 0.39x | $296.12 Million |
| Affiliated Managers Group Inc (AMG) | $337.80 Million | 7.58% | 0.79x | $9.37 Billion |
| Ameriprise Financial Inc (AMP) | $11.31 Billion | 9.70% | 10.60x | $40.38 Billion |
| AMTD IDEA Group (AMTD) | $28.27 Million | 5.22% | 12.77x | $40.58 Million |
About Axa Equitable Holdings Inc
Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through six segments: Individual Retirement, Group Retirement, Asset Management, Protection Solutions, Wealth Management, and Legacy. The Individual Retirement variable annuity products, including structured capital strategies, retirement corn… Read more