Equitable Holdings (EQH) Net Margin (2017 - 2026)
Equitable Holdings (EQH) posted Net Margin of -28.11% for Q2 2026, down 12.57 percentage points from -15.54% a year earlier and down 42.46 percentage points from the prior quarter.
Equitable Holdings (EQH) Net Margin (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Equitable Holdings was -9.25%, down 12.20 percentage points year-over-year; for FY2025, it was -12.35%, down 22.01 percentage points from FY2024.
- Annual Net Margin has declined for four consecutive years, with a five-year change of -6.71 percentage points (FY2020 to FY2025).
- In prior years, Equitable Holdings' Net Margin was 9.66% in FY2024 (-1.84 pp), 11.50% in FY2023 (-4.79 pp), 16.29% in FY2022 (-5.72 pp) and 22.01% in FY2021 (+27.66 pp).
- Quarterly Net Margin has run from a low of -91.38% in Q3 2025 to a high of 31.06% in Q2 2023 over five years.
- On a year-over-year basis, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -13.51 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q1 2022, with a gain of 146.58 percentage points; the weakest was Q3 2025, with a drop of 86.63 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 14.35% (Q1 2026), 6.16% (Q4 2025) and -91.38% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.65 Bn | 87.23 Bn | 9.13 Bn | 18.05% |
| 2 | Progressive | 133.70 Bn | 109.53 Bn | 9.04 Bn | 14.02% |
| 3 | Marsh & Mclennan Companies | 94.75 Bn | 86.91 Bn | - | 11.77% |
| 4 | Travelers Companies | 85.38 Bn | 61.63 Bn | 6.23 Bn | 18.17% |
| 5 | Manulife Financial | 77.63 Bn | -17.25 Bn | - | 10.52% |
| 6 | Arthur J. Gallagher | 69.27 Bn | 63.67 Bn | - | 8.09% |
| 7 | Metlife | 66.42 Bn | -40.36 Bn | 7.82 Bn | 3.68% |
| 8 | Allstate | 66.13 Bn | 27.40 Bn | 8.73 Bn | 17.43% |
| 9 | Aon | 65.25 Bn | 58.47 Bn | - | 12.98% |
| 10 | Equitable Holdings | 15.28 Bn | -44.43 Bn | 1.22 Bn | -28.11% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -28.11% |
| Mar 31, 2026 | 14.35% |
| Dec 31, 2025 | 6.16% |
| Sep 30, 2025 | -91.38% |
| Jun 30, 2025 | -15.54% |
| Mar 31, 2025 | 1.07% |
| Dec 31, 2024 | 23.96% |
| Sep 30, 2024 | -4.75% |
| Jun 30, 2024 | 11.46% |
| Mar 31, 2024 | 3.50% |
| Dec 31, 2023 | -34.28% |
| Sep 30, 2023 | 28.46% |
| Jun 30, 2023 | 31.06% |
| Mar 31, 2023 | 6.92% |
| Dec 31, 2022 | 1.27% |
| Sep 30, 2022 | 19.39% |
| Jun 30, 2022 | 20.06% |
| Mar 31, 2022 | 16.40% |
| Sep 30, 2021 | 18.20% |
| Jun 30, 2021 | 3.29% |
Equitable Holdings Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=EQH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "EQH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=EQH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();