EQH vs MET vs MFC Stock Comparison

Equitable Holdings, Metlife and Manulife Financial Prices as of Oct 26, 2026 Peers: Industry group
EQH Equitable Holdings, Inc.
$53.59 -0.5% 1M +9.6% 1Y
Market cap
$14.63B
P/E
–
Revenue (TTM)
$10.62B
Div. yield
2.13%
Life Insurance Financial Services
2 wins
MET Metlife Inc
$100.05 +2.4% 1M +27.2% 1Y
Market cap
$63.81B
P/E
18.7x
Revenue (TTM)
$79.40B
Div. yield
2.31%
Life Insurance Financial Services
MFC Manulife Financial Corp
$44.65 +1.8% 1M +37.0% 1Y
Market cap
$76.04B
P/E
16.0x
Revenue (TTM)
$47.47B
Div. yield
4.21%
Life Insurance Financial Services
9 wins

Head to Head

11 decided of 12

Manulife Financial leads on 9 of the 12 questions below (Manulife Financial 9, Equitable Holdings 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEQHMETMFCLeader
Larger companyMarket capitalisation $14.63B $63.81B $76.04B MFC
Cheaper on earningsLower P/E, profitable companies only -15.2x 18.7x 16.0x MFC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.8x 10.2x 13.5x EQH
Faster revenue growthRevenue growth, trailing twelve months -22.1% +8.7% +19.7% MFC
More profitableNet margin, trailing twelve months -9.3% 4.3% 10.0% MFC
Better return on capitalReturn on invested capital -6.4% -101.9% — EQH
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 2.13% 2.31% 4.21% MFC
Better 1-year returnPrice return, last 12 months +9.6% +27.2% +37.0% MFC
Better 5-year returnAnnualised price return, 5 years +9.9%/yr +9.3%/yr +17.5%/yr MFC
Less volatileAnnualised volatility, 1 year 33.6% 24.0% 20.2% MFC
Higher overall scoreMean of the five percentile scores vs peers 21/100 38/100 50/100 MFC

Percentile Scorecard

EQHMETMFC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEQHMETMFC
Valuation 12 #105 of 119 56 #53 of 119 60 #48 of 119
Growth 4 #111 of 115 18 #95 of 115 80 #24 of 115
Profitability 9 #103 of 113 17 #94 of 113 57 #49 of 113
Financial Health 6 #107 of 114 54 #53 of 114 13 #99 of 114
Shareholder Returns 75 #28 of 107 43 #61 of 107 39 #66 of 107
Overall 21 38 50
  • EQH ranked among 126 companies in Insurance
  • MET ranked among 126 companies in Insurance
  • MFC ranked among 126 companies in Insurance

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEQHMETMFCSPY
1 month -0.5%+2.4%+1.8% -0.8%
3 months +10.3%+5.1%+1.4% +3.5%
6 months +29.0%+28.8%+15.7% +7.0%
Year to date +12.5%+26.7%+23.1% +12.2%
1 year +9.6%+27.2%+37.0% +13.0%
3 years +104.9%+71.6%+160.5% +86.3%
3 years, per year +27.0%+19.7%+37.6% +23.1%
5 years +59.9%+55.6%+124.0% +68.6%
5 years, per year +9.9%+9.3%+17.5% +11.0%
10 years —+139.4%+206.5% +258.0%
10 years, per year —+9.1%+11.9% +13.6%

Risk

MeasureEQHMETMFCSPY
Volatility, 1Y 33.6%24.0%20.2% 12.7%
Downside volatility, 1Y 36.9%24.3%21.3% 12.7%
Beta vs S&P 500, 1Y 1.170.640.73 1.00
Return / volatility, 1Y 0.291.131.83 1.02
Max drawdown, 5Y -37.1%-36.2%-29.9% -25.4%
From 52-week high -2.6%-3.4%-2.1% -1.8%
52-week high $55.03$103.55$45.60 $779.14
52-week low $35.34$67.70$32.15 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEQHMETMFC
P/E now vs peer median -15.2xmedian 10.6x 18.7xmedian 10.6x 16.0xmedian 10.6x
P/S now vs peer median 1.4xmedian 1.4x 0.8xmedian 1.4x 1.6xmedian 1.4x
EV/EBITDA now vs peer median —median 7.6x —median 7.6x —median 7.6x
P/FCF now vs peer median 11.1xmedian 8.6x 4.3xmedian 8.6x 3.3xmedian 8.6x
P/B now vs peer median 17.1xmedian 1.5x 2.3xmedian 1.5x 2.0xmedian 1.5x
PEG now vs peer median 0.37median 0.52 1.77median 0.52 0.72median 0.52

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEQHMETMFC
Revenue $10.62B $79.40B $47.47B
Gross profit $8.95B $29.06B –
Operating income -$384.00M -$45.48B –
Net income -$816.00M $3.66B $4.76B
Free cash flow $1.32B $14.81B $23.26B
EPS (diluted) $-3.53 $5.32 $2.78
Cash & equivalents $17.18B $19.30B –
Total debt $3.84B $5.89B $185.03B
Shares (diluted) 278.30M 646.90M 1.71B
Enterprise value -$43.44B -$42.67B -$17.67B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEQHMETMFC
P/E -15.2x 18.7x 16.0x
P/FCF 11.1x 4.3x 3.3x
P/Operating cash flow 10.8x 4.1x 3.3x
P/S 1.4x 0.8x 1.6x
P/B 17.1x 2.3x 2.0x
P/Tangible book 17.1x 2.3x 2.0x
EV/EBITDA – – –
EV/EBIT 1.2x -0.9x 14.5x
EV/Revenue 0.0x 0.5x 2.2x
EV/FCF -0.3x 2.9x 4.4x
EV/Operating cash flow -0.3x 2.7x 4.4x
PEG (3Y EPS CAGR) 0.37 1.77 0.72

Growth

14 metrics
MetricEQHMETMFC
Revenue growth (1Y) -22.1% 8.7% 19.7%
Revenue CAGR (3Y) 3.7% 4.3% 13.5%
Gross profit growth (1Y) -16.6% 6.5% –
Gross profit CAGR (3Y) 9.6% 10.6% –
Operating income growth (1Y) -131.7% -13.6% –
Operating income CAGR (3Y) -29.1% -0.9% –
Net income growth (1Y) -220.5% -14.9% -19.1%
Net income CAGR (3Y) -34.6% 4.1% 68.2%
EPS growth (1Y) -366.1% -12.2% 14.8%
EPS CAGR (3Y) -41.6% 10.5% 22.3%
Operating cash flow growth (1Y) -14.2% 2.2% 139.4%
Operating cash flow CAGR (3Y) 176.8% 10.0% 40.5%
Free cash flow growth (1Y) -12.6% 2.0% 139.4%
Free cash flow CAGR (3Y) 124.9% 12.1% 40.5%

Profitability

14 metrics
MetricEQHMETMFC
Gross margin 84.3% 36.6% –
EBITDA margin – – –
Operating margin -3.6% -57.3% –
Pretax margin -5.7% 6.1% 12.8%
Net margin -9.3% 4.3% 10.0%
FCF margin 12.4% 18.7% 49.0%
Operating cash flow margin 12.8% 19.6% 49.0%
Return on equity -38.7% 13.2% 9.2%
Return on assets -0.2% 0.5% 0.5%
Return on invested capital -6.4% -101.9% –
Return on capital employed – – –
Asset turnover 0.0x 0.1x 0.1x
Cash conversion (OCF / net income) -1.7x 4.3x 4.9x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricEQHMETMFC
Debt / assets 1.1% 0.8% 6.0%
Debt / equity 4.5x 0.2x 1.2x
Net debt / EBITDA – – –
Debt / FCF 2.9x 0.4x 2.0x
Liabilities / assets 99.7% 96.3% 95.0%
Equity / assets 0.3% 3.7% 5.0%
Interest coverage -1.7x -4.7x 6.7x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricEQHMETMFC
Dividend yield 2.1% 2.3% 4.2%
Net buyback yield 11.2% 3.8% 2.1%
Shareholder yield 13.3% 6.1% 6.4%
Payout ratio (earnings) -38.8% 41.2% 46.9%
Payout ratio (FCF) 24.0% 10.2% 9.6%
Dividend growth (1Y) 3.3% -0.6% -181.7%
Dividend CAGR (3Y) 2.0% -1.6% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEQHMETMFC
Forward P/E 7.8xFY2026 10.2xFY2026 13.5xFY2026
EPS, next fiscal year $6.87FY2026 $9.85FY2026 $3.30FY2026
EPS growth, next FY +21.8%FY2026 +11.6%FY2026 +7.5%FY2026
EPS growth, the year after +23.4% +7.9% +3.6%
Revenue, next fiscal year $16.47BFY2026 $83.04BFY2026 $32.43BFY2026
Revenue growth, next FY +9.4%FY2026 +7.7%FY2026 +12.0%FY2026
Revenue growth, the year after +8.7% -2.5% +5.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEQHMETMFC
Held by institutions 95.4% 75.7% 44.4%
Institutions holding 482 1,442 810
Change in shares held, QoQ +14.2% +0.7% 0.0%
Institutions buying 214 723 383
Institutions selling 205 483 227
Buyers to sellers 1.04 1.50 1.69

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EQHMETMFC
EQH 1.00 0.65 0.52
MET 0.65 1.00 0.53
MFC 0.52 0.53 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EQH, MET and MFC?

Manulife Financial (MFC) is the largest by market capitalisation: Equitable Holdings (EQH) $14.63B, Metlife (MET) $63.81B, Manulife Financial (MFC) $76.04B.

Which stock is cheaper, EQH, MET and MFC?

Manulife Financial (MFC) trades on the lowest price-to-earnings ratio (Equitable Holdings (EQH) -15.2x, Metlife (MET) 18.7x, Manulife Financial (MFC) 16.0x). On next year's consensus earnings, Equitable Holdings (EQH) is cheapest (Equitable Holdings (EQH) 7.8x, Metlife (MET) 10.2x, Manulife Financial (MFC) 13.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Manulife Financial (MFC) grew revenue fastest over the trailing twelve months: Equitable Holdings (EQH) -22.1%, Metlife (MET) +8.7%, Manulife Financial (MFC) +19.7%.

Which company is more profitable?

Manulife Financial (MFC) has the highest net margin (Equitable Holdings (EQH) -9.3%, Metlife (MET) 4.3%, Manulife Financial (MFC) 10.0%). On return on invested capital, Equitable Holdings (EQH) leads (Equitable Holdings (EQH) -6.4%, Metlife (MET) -101.9%).

Which stock has performed better?

Over the past year Manulife Financial (MFC) returned the most: Equitable Holdings (EQH) +9.6%, Metlife (MET) +27.2%, Manulife Financial (MFC) +37.0%. Over five years, Manulife Financial (MFC) compounded fastest (Equitable Holdings (EQH) +9.9%/yr, Metlife (MET) +9.3%/yr, Manulife Financial (MFC) +17.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Manulife Financial (MFC) has the highest dividend yield: Equitable Holdings (EQH) 2.13%, Metlife (MET) 2.31%, Manulife Financial (MFC) 4.21%.

Which stock is riskier?

By one-year price volatility, Manulife Financial (MFC) has been the steadiest (Equitable Holdings (EQH) 33.6%, Metlife (MET) 24.0%, Manulife Financial (MFC) 20.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EQH, MET and MFC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Manulife Financial (MFC) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.