Equitable Holdings, Inc. (EQH) vs Blue Owl Capital Inc. (OWL)

Equitable Holdings, Inc. and Blue Owl Capital Inc. are both Asset Management companies. Equitable Holdings, Inc. and Blue Owl Capital Inc. are of similar size ($15.5B and $14.2B). Equitable Holdings, Inc. trades at the lower P/E: 9.5× against 71.1×. Blue Owl Capital Inc. grew revenue faster over the last twelve months: 11.8% against 8.69%. Equitable Holdings, Inc. has the higher net margin (11.1% vs 3.08%) and the lower return on invested capital (0.00% vs 4.07%). Both pay a dividend; Blue Owl Capital Inc. yields more (9.14% vs 2.15%). Across the 19 metrics below, Blue Owl Capital Inc. leads on 13 and Equitable Holdings, Inc. on 6.

Valuation

Metric EQH OWL Asset Management median
P/E 9.52 71.14 13.38
P/S 1.10 2.27 2.99
P/B n/m 1.29 0.91
Price to free cash flow 5.56 4.63 7.79
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 10.50% 1.41% 4.67%
Free cash flow yield 17.98% 21.61% 4.85%

Profitability

Metric EQH OWL Asset Management median
Gross margin 58.26% 100.00% 100.00%
Operating margin 17.98% 17.62% 27.27%
Net margin 11.11% 3.08% 11.89%
Free cash flow margin 20.08% 48.96% 5.96%
Return on equity (406.73%) 1.63% 4.57%
Return on assets 0.45% 0.77% 1.40%
Return on invested capital 0.00% 4.07% 2.12%

Growth

Metric EQH OWL Asset Management median
Revenue growth (TTM) 8.69% 11.76% 7.26%
EPS growth (last fiscal year) (227.78%) (50.00%) (5.64%)
Revenue growth, 5-year CAGR (1.24%) 62.95% 11.84%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EQH OWL Asset Management median
Debt to equity (40.48) 0.67 0.40
Current ratio 0.12 0.53 1.23
Net debt to EBITDA 60.82 3.13 1.06

Dividend

Metric EQH OWL Asset Management median
Dividend yield 2.15% 9.14% 6.43%
Payout ratio 0.21 6.50 0.91

Size

Metric EQH OWL Asset Management median
Market cap 14.21b 15.49b 692.54m

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