---
schema_version: "secwatch.filing_event.v1"
accession: "0001333986-23-000014"
form_type: "8-K"
ticker: "EQH"
cik: "0001333986"
company_name: "Equitable Holdings, Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:03:47.397208+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Equitable Holdings targets 12-15% annual Non-GAAP EPS growth through 2027; ~$2B cash generation by 2027

## Summary
- Non-GAAP EPS annual growth guidance of 12-15% through 2027, off 2022 base of $4.97 per share.
- Expects ~$2 billion annual cash generation by 2027, a 50% increase from ~$1.3B in 2023.
- Payout ratio guidance increased to 60-70% of Non-GAAP operating earnings.
- $10 billion additional general account commitment to AB Private Markets, total $20B since 2020.
- AB Adjusted Operating Margin target of 350-500 bps improvement by 2027.

## SEC filing metadata
- accession: 0001333986-23-000014
- form_type: 8-K
- ticker: EQH
- cik: 0001333986
- company_name: Equitable Holdings, Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333986/000133398623000014/0001333986-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333986/000133398623000014/axaeq-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001333986-23-000014
- JSON: https://secwatch.observer/filing/0001333986-23-000014.json
- Plain text: https://secwatch.observer/filing/0001333986-23-000014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.