Equitable Holdings, Inc.

EQH Financial Asset Management

Equitable Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.7 billion, down 6.12% from fiscal 2024.

Revenue
+167.7%
EPS
+197.8%
Free cash flow
+385.7%
Total debt
+15.1%

Quarter to September 2026, against a year earlier

52.94 3.18 −5.67%
Market cap
$14.2B
P/E
9.5×
Fwd P/E
15.9×
Dividend yield
2.15%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Equitable Holdings, Inc. (EQH) Net margin

Alert me on Net margin

Equitable Holdings, Inc.'s net margin over the twelve months to 30 September 2026 was 11.1%, up 23.5 percentage points from fiscal 2025 (−12.4%). Over the past ten years it has ranged from −18.3% (fiscal 2019) to 22.0% (fiscal 2021); the current reading is higher than 20% of that period. That is below the Asset Management industry median of 11.9% and below the Financial sector median of 14.3%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 −12.4% (22.01)
FY2024 9.66% (1.84)
FY2023 11.5% (4.90)
FY2022 16.4% (5.61)
FY2021 22.0% 27.66
FY2020 −5.65% 12.69
FY2019 −18.3% (33.71)
FY2018 15.4% 8.68
FY2017 6.69% (3.97)
FY2016 10.7% —

Quarterly newest first

Period Net margin Change (points)
Sep 2026 28.5% 56.63
Jun 2026 −28.1% (42.46)
Mar 2026 14.4% 8.19
Dec 2025 6.16% 97.54
35 more quarters

Against its own ten years

Low −18.3% High 22.0%
Ten-year median 10.2%
Current reading's percentile 69

Net margin against peers

Company Net margin
ARCC Ares Capital Corporation compare 28.3%
SEIC SEI Investments Company compare 28.1%
EQH Equitable Holdings, Inc. 11.1%
CRBG Corebridge Financial, Inc. compare 10.5%
CG Carlyle Group Inc. compare 10.1%
BEN Franklin Resources Inc compare 8.14%
TPG TPG Inc. compare 5.32%
OWL Blue Owl Capital Inc. compare 3.08%
IVZ Invesco Ltd. compare −4.43%
Asset Management industry median 11.9%
Financial sector median 14.3%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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