Equitable Holdings (FRA:AXJ) Pre-Tax Income: €-515 Mil (TTM As of Jun. 2026)

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FRA:AXJ Equitable Holdings Inc FRA:AXJ
79 GF Score
Price €45.52
GF Value €46.74
Valuation Fairly Valued
! 6 Warning Signs
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What is Equitable Holdings Pre-Tax Income?

Equitable Holdings FRA:AXJ +3.74% 79 Pre-Tax Income is €-515 Mil as of Jun. 2026. GuruFocus rates FRA:AXJ with a GF Score™ of 79/100 and a GF Value™ of €46.74 (Fairly Valued). The stock has 6 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Equitable Holdings's pretax income for the three months ended in Jun. 2026 was €-428 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was €-515 Mil. Equitable Holdings's pretax margin was -29.73%.

During the past 12 years, Equitable Holdings's highest Pretax Margin was 34.27%. The lowest was -21.42%. And the median was 13.60%.


Equitable Holdings  (FRA:AXJ) Pre-Tax Income Explanation

Equitable Holdings's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=-427.924/1439.144
=-29.73%

During the past 12 years, Equitable Holdings's highest Pretax Margin was 34.27%. The lowest was -21.42%. And the median was 13.60%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Equitable Holdings Pre-Tax Income Related Terms


Equitable Holdings Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Equitable Holdings's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Equitable Holdings Pre-Tax Income Chart

Equitable Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,308.97 2,824.45 654.74 1,982.58 -1,018.82

Equitable Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -314.72 -1,148.50 293.78 767.26 -427.92

FRA:AXJ vs PSLV, SEIC, ARCC: Pre-Tax Income Comparison

For the Asset Management subindustry, Equitable Holdings's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Equitable Holdings Pre-Tax Income vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Equitable Holdings's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Equitable Holdings's Pre-Tax Income falls into.


FRA:AXJ
79GF Score
Equitable Holdings Inc FRA:AXJ
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Equitable Holdings Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Equitable Holdings's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Other
=0+-1018.822
=-1,019

Equitable Holdings's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Other
=0+-427.924
=-428

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-515 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of €-515 Mil mean?
Equitable Holdings (FRA:AXJ) has a Pre-Tax Income of €-515 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Equitable Holdings and its competitors.
Is Equitable Holdings' Pre-Tax Income too high?
Equitable Holdings' current Pre-Tax Income is €-515 Mil. Overall, Equitable Holdings has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equitable Holdings' Pre-Tax Income compare to PSLV and SEIC?
Equitable Holdings' Pre-Tax Income of €-515 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for an Asset Management company?
A good Pre-Tax Income depends on the Asset Management industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Equitable Holdings and its competitors. Equitable Holdings's current Pre-Tax Income is €-515 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equitable Holdings stock overvalued right now?
Based on GuruFocus' analysis, Equitable Holdings (FRA:AXJ) is currently considered Fairly Valued. The stock's GF Value™ is €46.74, compared to a current price of €45.52 — trading 2.6% below its estimated fair value. The current Pre-Tax Income is €-515 Mil. Equitable Holdings' overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Equitable Holdings (FRA:AXJ), the current Pre-Tax Income is €-515 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Equitable Holdings (FRA:AXJ) Overvalued in 2026?

Based on GuruFocus' analysis, Equitable Holdings stock appears to be undervalued. The current stock price of €45.52 is trading 2.6% below its estimated GF Value™ of €46.74. GuruFocus considers Equitable Holdings to be Fairly Valued.

Key valuation signals for FRA:AXJ:

  • Pre-Tax Income: €-515 Mil
  • GF Value™: €46.74 vs. price of €45.52 (2.6% below fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the FRA:AXJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Equitable Holdings Business Description

Address 1345 Avenue of the Americas, New York, NY, USA, 10105
Equitable Holdings Inc is a financial services company providing retirement, asset management, and wealth management solutions for individual and institutional clients, operating through three segments. The Retirement segment generates the majority of revenue and offers annuities, retirement savings plans, institutional savings products, and includes the spread lending business. The Asset Management segment provides diversified investment management and related services globally through Institutional, Retail, and Private Wealth channels and reflects the business of AB. The Wealth Management segment offers advisory accounts, financial planning and advice, life insurance, and annuity products. Revenues are earned predominantly from fee income, income from investments, and insurance premiums.
79GF Score

Get the complete analysis for FRA:AXJ

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€45.52
Price
€46.74
GF Value