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
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Equitable Holdings, Inc. (EQH) P/B ratio
Equitable Holdings, Inc. has no meaningful P/B ratio: its trailing twelve-month book value is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 36.9× (January 2026) — the current reading is the lowest in ten years.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 35.7× | 351.33% |
| FY2024 | 7.9× | 92.72% |
| FY2023 | 4.1× | (40.01%) |
| FY2022 | 6.8× | 476.34% |
| FY2021 | 1.2× | 63.80% |
| FY2020 | 0.7× | (15.46%) |
| FY2019 | 0.9× | 42.93% |
| FY2018 | 0.6× | (12.77%) |
| FY2017 | 0.7× | 0.00% |
| FY2016 | 0.7× | — |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Sep 2026 | 0.0× | — |
| Jun 2026 | 0.0× | — |
| Mar 2026 | 13.2× | (63.07%) |
| Dec 2025 | 35.7× | 27.18% |
| 35 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| EQH Equitable Holdings, Inc. | n/m |
| ARCC Ares Capital Corporation compare | 1.0× |
| IVZ Invesco Ltd. compare | 1.1× |
| OWL Blue Owl Capital Inc. compare | 1.3× |
| BEN Franklin Resources Inc compare | 1.3× |
| CG Carlyle Group Inc. compare | 2.0× |
| TPG TPG Inc. compare | 2.0× |
| CRBG Corebridge Financial, Inc. compare | 2.2× |
| SEIC SEI Investments Company compare | 4.9× |
| Asset Management industry median | 0.9× |
| Financial sector median | 1.3× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on EQH
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement