Axa Equitable Holdings Inc (EQH) — Tangible Net Worth Ratio

Latest as of March 2026: -137.8%

Axa Equitable Holdings Inc (EQH) has a Tangible Net Worth Ratio of -137.8% as of March 2026. This metric is calculated by deducting intangible assets ($5.35 Billion) from net assets ($2.25 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See EQH working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-137.8%
Tangible equity / total equity

Net Assets (Equity)

$2.25 Billion
USD

Intangible Assets

$5.35 Billion
Goodwill, patents, brand value

Total Assets

$310.38 Billion
USD

Axa Equitable Holdings Inc Tangible Net Worth Ratio (2015–2025)

This chart shows how Axa Equitable Holdings Inc's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at -137.8%, reflecting net assets of $2.25 Billion with intangible assets of $5.35 Billion USD. See how many days can Axa Equitable Holdings Inc fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Axa Equitable Holdings Inc (2015–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Axa Equitable Holdings Inc from 2015 to 2025, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Axa Equitable Holdings Inc stock valuation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 -617.7% $1.79 Billion $12.83 Billion $317.99 Billion ▼ -707.8 pp
2024 90.1% $3.57 Billion $352.00 Million $295.87 Billion ▼ -1.1 pp
2023 91.2% $5.16 Billion $452.00 Million $276.81 Billion ▲ +7.1 pp
2022 84.1% $3.60 Billion $571.00 Million $252.70 Billion ▼ -13.5 pp
2021 97.7% $13.56 Billion $316.00 Million $292.26 Billion ▲ +25.0 pp
2020 72.7% $17.32 Billion $4.74 Billion $282.27 Billion ▲ +3.3 pp
2019 69.3% $15.49 Billion $4.75 Billion $249.87 Billion ▼ -28.2 pp
2018 97.5% $15.62 Billion $391.00 Million $220.80 Billion ▼ -0.1 pp
2017 97.6% $17.21 Billion $416.00 Million $235.65 Billion ▲ +34.0 pp
2016 63.6% $14.90 Billion $5.43 Billion $216.59 Billion ▲ +3.5 pp
2015 60.1% $13.58 Billion $5.42 Billion $205.57 Billion
pp = percentage points