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Equitable Holdings EQH Investment Management — Intangible Amortization

Discontinued — last reported Q4 '22

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Other financials

Income statement

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Revenue$4.2B-7.6%
Net income$621.0M+886%
EPS (diluted)$2.14+1,238%

Balance sheet

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Cash & equivalents$9.9B+21.3%
Total debt$3.8B-11.4%
Total equity$273.0M-88.6%
Total assets$310.38B+8.0%

Cash flow

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Operating cash flow$499.0M+216%

Valuation

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Market cap$12.75B-34.9%
Enterprise value$6.68B-64.1%
P/S1.1×-0.2×

Profitability

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Net margin-5.9%

Returns & leverage

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Return on equity-42%
Debt / equity14.1×+12.3×

Where this comes from

Reported directly by Equitable Holdings in its filing.

Tagged under the XBRL concept us-gaap:AmortizationOfIntangibleAssets.

The official record: Equitable Holdings’s 10-K, filed February 21, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Equitable Holdings's investment management — intangible amortization?
Equitable Holdings (EQH) reported investment management — intangible amortization of $1.28B in Q4 2022.
How has Equitable Holdings's investment management — intangible amortization changed year-over-year?
Equitable Holdings's investment management — intangible amortization increased by 10.9% year-over-year, from $1.15B to $1.28B.
What does investment management — intangible amortization mean?
The periodic non-cash expense recognized as acquired intangible assets in the Investment Management segment lose value over time.
How do you interpret investment management — intangible amortization?
Higher amortization expenses generally reflect significant historical acquisition activity, while a downward trend may indicate that older intangible assets are becoming fully amortized.
How does investment management — intangible amortization compare across companies?
Comparable to 'Amortization of Intangible Assets' found in the operating expenses of peer asset management firms.