Equitable Financial Life Insurance Co
Financials · Insurance Agents, Brokers & Service · NY · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $5.13B | $3.52B | $6.98B | $1.66B | $7.79B | $5.17B |
| Operating income | — | — | — | — | — | — |
| Net income | −$214.0M | $156.0M | $1.60B | $1.11B | −$759.0M | −$1.89B |
| Total assets | $263.30B | $263.09B | $227.42B | $267.81B | $251.29B | $227.95B |
| Total liabilities | $266.13B | $264.71B | $228.47B | $259.07B | $239.61B | $216.35B |
| Equity | −$2.87B | −$1.64B | −$1.07B | $7.48B | $11.64B | $11.55B |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 2.0M | 2.0M | 2.0M | 2.0M | 2.0M | 2.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- —
- Net margin
- −4.2%
- Return on equity
- 7.5%
- Return on assets
- −0.1%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 101.1%
- Debt / equity
- —
- Book value / share
- $-1434.50
- Revenue growth (YoY)
- 45.9%
- Net income growth (YoY)
- −237.2%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Accruals / assets
- −1.5%clean
- Piotroski F-Score
- 4/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 2 warning● 3 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Aug 14, 2023
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2018
- NT 10-Qmissed a reporting deadline ↗Nov 13, 2017
- NT 10-Qmissed a reporting deadline ↗May 17, 2010
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Equitable Financial Life Insurance Co10% owner | Nov 29, 2024 | Sell | 4.4M | $24.55 |
| Axa Equitable Life Insurance Co | Dec 31, 2018 | J | 1.4M | — |
| Axa Equitable Life Insurance Co10% owner | Dec 31, 2018 | J | 74.4M | — |
| Axa Equitable Life Insurance Co10% owner | Dec 31, 2015 | J | 10.0M | — |
| Axa Equitable Life Insurance Co10% owner | Dec 20, 2013 | J | 10.9M | — |
| Acmc Inc10% owner | Mar 30, 2009 | J | 8.2M | $0.00 |
| Acmc Inc10% owner | Dec 30, 2008 | Sell | 20.2M | $18.35 |
| Acmc Inc10% owner | Dec 19, 2008 | J | 8.2M | — |
| Acmc Inc | Dec 17, 2008 | J | 722,178 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Entered a material agreementFeb 24, 2025
- Entered a material agreementMay 18, 2023
- Other material eventMay 17, 2023
- Entered a material agreementOct 3, 2022
- Entered a material agreementAug 16, 2022
- Entered a material agreement · Regulation FD disclosureJun 1, 2021
- Regulation FD disclosureOct 28, 2020
- Entered a material agreementJan 3, 2019
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- EFFECTMay 1, 2026
- EFFECTMay 1, 2026
- EFFECTMay 1, 2026
- POS AMEQUITABLE FINANCIAL LIFE INSURANCE COApr 21, 2026
- POS AMApr 21, 2026
- S-1/AEQUITABLE FINANCIAL LIFE INSURANCE COApr 21, 2026
- POS AMFeb 13, 2026
- POS AMFeb 13, 2026
- S-1EQUITABLE FINANCIAL LIFE INSURANCE COFeb 13, 2026
- 40-APP/AOct 3, 2025
- 40-APPJun 3, 2025
- EFFECTMay 1, 2025
- EFFECTMay 1, 2025
- EFFECTMay 1, 2025
- POS EXEQUITABLE FINANCIAL LIFE INSURANCE COMPANYMay 1, 2025
Event-driven situations (1)
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