What is Equitable Holdings's foreign operations?

Equitable Holdings (EQH) reported foreign operations of 1% in Q4 2025.

What does foreign operations mean?

This captures the net tax effect of earnings generated by foreign subsidiaries. It reflects the company's exposure to international tax regulations and the impact of global tax planning strategies on the overall effective tax rate. Investors monitor this to assess the risk and benefit profile of international expansion.

Equitable Holdings EQH Foreign operations

Foreign operations at other companies

Corebridge FinancialCRBG

0%—

StepStone Group Inc.STEP

-1.4%-0.6pp

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$12.65B-34.9%

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:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential.

The official record: Equitable Holdings’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Equitable Holdings's foreign operations?: Equitable Holdings (EQH) reported foreign operations of 1% in Q4 2025.
What does foreign operations mean?: This captures the net tax effect of earnings generated by foreign subsidiaries. It reflects the company's exposure to international tax regulations and the impact of global tax planning strategies on the overall effective tax rate. Investors monitor this to assess the risk and benefit profile of international expansion.