EQH vs MFC vs CRBG Stock Comparison

Equitable Holdings, Manulife Financial and Corebridge Financial Prices as of Oct 28, 2026 Peers: Industry group
EQH Equitable Holdings, Inc.
$54.61 +4.4% 1M +13.2% 1Y
Market cap
$15.20B
P/E
–
Revenue (TTM)
$10.62B
Div. yield
0.02%
Life Insurance Financial Services
MFC Manulife Financial Corp
$44.77 +2.9% 1M +36.3% 1Y
Market cap
$77.10B
P/E
16.3x
Revenue (TTM)
$47.47B
Div. yield
-0.03%
Life Insurance Financial Services
7 wins

Head to Head

11 decided of 12

Manulife Financial leads on 7 of the 12 questions below (Manulife Financial 7, Corebridge Financial 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEQHMFCCRBGLeader
Larger companyMarket capitalisation $15.20B $77.10B $16.04B MFC
Cheaper on earningsLower P/E, profitable companies only -15.5x 16.3x 18.0x MFC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.9x 13.5x 7.3x CRBG
Faster revenue growthRevenue growth, trailing twelve months -22.1% +19.7% +29.5% CRBG
More profitableNet margin, trailing twelve months -9.3% 10.0% 4.4% MFC
Better return on capitalReturn on invested capital -6.4% — 6.0% CRBG
Less leveragedLower net debt / EBITDA — — 1.8x –
Higher dividend yieldTrailing dividend yield 0.02% -0.03% 0.03% CRBG
Better 1-year returnPrice return, last 12 months +13.2% +36.3% +11.1% MFC
Better 5-year returnAnnualised price return, 5 years +10.3%/yr +18.1%/yr — MFC
Less volatileAnnualised volatility, 1 year 33.6% 20.2% 35.1% MFC
Higher overall scoreMean of the five percentile scores vs peers 21/100 50/100 31/100 MFC

Percentile Scorecard

EQHMFCCRBG

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

AxisEQHMFCCRBG
Valuation 12 #105 of 119 59 #49 of 119 52 #58 of 119
Growth 4 #109 of 113 84 #19 of 113 39 #69 of 113
Profitability 9 #98 of 107 57 #47 of 107 18 #88 of 107
Financial Health 5 #102 of 107 12 #94 of 107 6 #101 of 107
Shareholder Returns 74 #28 of 105 37 #67 of 105 39 #65 of 105
Overall 21 50 31
  • EQH ranked among 126 companies in Insurance
  • MFC ranked among 126 companies in Insurance
  • CRBG ranked among 126 companies in Insurance

Price Performance

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

Returns

PeriodEQHMFCCRBGSPY
1 month +4.4%+2.9%+4.5% +0.9%
3 months +12.9%+1.9%+11.2% +5.9%
6 months +31.7%+17.3%+31.0% +8.5%
Year to date +14.6%+23.4%+17.0% +13.3%
1 year +13.2%+36.3%+11.1% +12.4%
3 years +108.8%+161.2%+77.2% +88.1%
3 years, per year +27.8%+37.7%+21.0% +23.5%
5 years +63.0%+129.7%— +68.2%
5 years, per year +10.3%+18.1%— +11.0%
10 years —+209.4%— +263.4%
10 years, per year —+12.0%— +13.8%

Risk

MeasureEQHMFCCRBGSPY
Volatility, 1Y 33.6%20.2%35.1% 12.7%
Downside volatility, 1Y 37.1%21.3%38.3% 12.7%
Beta vs S&P 500, 1Y 1.180.731.34 1.00
Return / volatility, 1Y 0.391.800.32 0.98
Max drawdown, 5Y -37.1%-29.9%-38.0% -25.4%
From 52-week high -0.8%-1.8%-0.8% -0.9%
52-week high $55.03$45.60$35.58 $779.14
52-week low $35.34$32.15$22.30 $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.

MultipleEQHMFCCRBG
P/E now vs peer median -15.5xmedian 10.9x 16.1xmedian 10.9x 18.0xmedian 10.9x
P/S now vs peer median 1.4xmedian 1.4x 1.6xmedian 1.4x 0.8xmedian 1.4x
EV/EBITDA now vs peer median —median 7.5x —median 7.5x 8.5xmedian 7.5x
P/FCF now vs peer median 11.3xmedian 8.5x 3.3xmedian 8.5x 8.5xmedian 8.5x
P/B now vs peer median 17.4xmedian 1.5x 2.0xmedian 1.5x 1.4xmedian 1.5x
PEG now vs peer median 0.37median 0.59 0.72median 0.59 -0.89median 0.59

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 monthsEQHMFCCRBG
Revenue $10.62B $47.47B $20.06B
Gross profit $8.95B – $12.23B
Operating income -$384.00M – $1.61B
Net income -$816.00M $4.76B $883.00M
Free cash flow $1.32B $23.26B $1.85B
EPS (diluted) $-3.53 $2.78 $1.96
Cash & equivalents $17.18B – –
Total debt $3.84B $185.03B $9.36B
Shares (diluted) 278.30M 1.71B 454.20M
Enterprise value -$44.51B -$17.78B -$5.73B

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
MetricEQHMFCCRBG
P/E -15.5x 16.1x 18.0x
P/FCF 11.3x 3.3x 8.5x
P/Operating cash flow 11.0x 3.3x 8.5x
P/S 1.4x 1.6x 0.8x
P/B 17.4x 2.0x 1.4x
P/Tangible book 17.4x 2.0x 1.4x
EV/EBITDA – – 8.5x
EV/EBIT 0.5x 14.5x 12.3x
EV/Revenue 0.0x 2.2x 1.0x
EV/FCF -0.1x 4.4x 10.7x
EV/Operating cash flow -0.1x 4.4x 10.7x
PEG (3Y EPS CAGR) 0.37 0.72 -0.89

Growth

14 metrics
MetricEQHMFCCRBG
Revenue growth (1Y) -22.1% 19.7% 29.5%
Revenue CAGR (3Y) 3.7% 13.5% -1.0%
Gross profit growth (1Y) -16.6% – 19.0%
Gross profit CAGR (3Y) 9.6% – 3.0%
Operating income growth (1Y) -131.7% – 279.0%
Operating income CAGR (3Y) -29.1% – -40.9%
Net income growth (1Y) -220.5% -19.1% 353.7%
Net income CAGR (3Y) -34.6% 68.2% -30.9%
EPS growth (1Y) -366.1% 14.8% 419.6%
EPS CAGR (3Y) -41.6% 22.3% -20.2%
Operating cash flow growth (1Y) -14.2% 139.4% 10.4%
Operating cash flow CAGR (3Y) 176.8% 40.5% -20.3%
Free cash flow growth (1Y) -12.6% 139.4% 10.4%
Free cash flow CAGR (3Y) 124.9% 40.5% -20.3%

Profitability

14 metrics
MetricEQHMFCCRBG
Gross margin 84.3% – 61.0%
EBITDA margin – – 11.6%
Operating margin -3.6% – 8.0%
Pretax margin -5.7% 12.8% 5.4%
Net margin -9.3% 10.0% 4.4%
FCF margin 12.4% 49.0% 9.2%
Operating cash flow margin 12.8% 49.0% 9.2%
Return on equity -38.7% 9.2% 7.6%
Return on assets -0.2% 0.5% 0.2%
Return on invested capital -6.4% – 6.0%
Return on capital employed – – –
Asset turnover 0.0x 0.1x 0.0x
Cash conversion (OCF / net income) -1.7x 4.9x 2.1x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricEQHMFCCRBG
Debt / assets 1.1% 6.0% 2.3%
Debt / equity 4.5x 1.2x 0.8x
Net debt / EBITDA – – 1.8x
Debt / FCF 2.9x 2.0x 5.1x
Liabilities / assets 99.7% 95.0% 97.3%
Equity / assets 0.3% 5.0% 2.7%
Interest coverage -1.7x 6.7x 3.0x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricEQHMFCCRBG
Dividend yield 2.1% 4.2% 2.8%
Net buyback yield 11.0% 2.1% 19.3%
Shareholder yield 13.1% 6.3% 22.1%
Payout ratio (earnings) -38.8% 46.9% 53.6%
Payout ratio (FCF) 24.0% 9.6% 25.5%
Dividend growth (1Y) 3.3% -181.7% -10.1%
Dividend CAGR (3Y) 2.0% – -22.0%

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.

ConsensusEQHMFCCRBG
Forward P/E 7.9xFY2026 13.5xFY2026 7.3xFY2026
EPS, next fiscal year $6.87FY2026 $3.31FY2026 $4.84FY2026
EPS growth, next FY +21.8%FY2026 +7.8%FY2026 +9.5%FY2026
EPS growth, the year after +23.6% +3.6% +23.6%
Revenue, next fiscal year $16.47BFY2026 $32.55BFY2026 $20.26BFY2026
Revenue growth, next FY +9.4%FY2026 +12.3%FY2026 -1.0%FY2026
Revenue growth, the year after +8.7% +5.6% +8.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEQHMFCCRBG
Held by institutions 95.4% 44.4% 100.0%
Institutions holding 482 810 446
Change in shares held, QoQ +14.2% 0.0% +8.0%
Institutions buying 214 383 229
Institutions selling 205 227 170
Buyers to sellers 1.04 1.69 1.35

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.

EQHMFCCRBG
EQH 1.00 0.53 0.90
MFC 0.53 1.00 0.50
CRBG 0.90 0.50 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EQH, MFC and CRBG?

Manulife Financial (MFC) is the largest by market capitalisation: Equitable Holdings (EQH) $15.20B, Manulife Financial (MFC) $77.10B, Corebridge Financial (CRBG) $16.04B.

Which stock is cheaper, EQH, MFC and CRBG?

Manulife Financial (MFC) trades on the lowest price-to-earnings ratio (Equitable Holdings (EQH) -15.5x, Manulife Financial (MFC) 16.3x, Corebridge Financial (CRBG) 18.0x). On next year's consensus earnings, Corebridge Financial (CRBG) is cheapest (Equitable Holdings (EQH) 7.9x, Manulife Financial (MFC) 13.5x, Corebridge Financial (CRBG) 7.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Corebridge Financial (CRBG) grew revenue fastest over the trailing twelve months: Equitable Holdings (EQH) -22.1%, Manulife Financial (MFC) +19.7%, Corebridge Financial (CRBG) +29.5%.

Which company is more profitable?

Manulife Financial (MFC) has the highest net margin (Equitable Holdings (EQH) -9.3%, Manulife Financial (MFC) 10.0%, Corebridge Financial (CRBG) 4.4%). On return on invested capital, Corebridge Financial (CRBG) leads (Equitable Holdings (EQH) -6.4%, Corebridge Financial (CRBG) 6.0%).

Which stock has performed better?

Over the past year Manulife Financial (MFC) returned the most: Equitable Holdings (EQH) +13.2%, Manulife Financial (MFC) +36.3%, Corebridge Financial (CRBG) +11.1%. Over five years, Manulife Financial (MFC) compounded fastest (Equitable Holdings (EQH) +10.3%/yr, Manulife Financial (MFC) +18.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Corebridge Financial (CRBG) has the highest dividend yield: Equitable Holdings (EQH) 0.02%, Manulife Financial (MFC) -0.03%, Corebridge Financial (CRBG) 0.03%. Manulife Financial (MFC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Manulife Financial (MFC) has been the steadiest (Equitable Holdings (EQH) 33.6%, Manulife Financial (MFC) 20.2%, Corebridge Financial (CRBG) 35.1%). Volatility measures how widely the price swings, not the risk of the business.

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

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 7. 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.