Equitable Holdings (EQH) Operating Margin (2017 - 2026)
Equitable Holdings' (EQH) quarterly Operating Margin came in at 11.87% in Q1 2026, up 2465.0% year-on-year from 0.46% in Q1 2025, and up 100.84% quarter-over-quarter from 1418.75% in Q4 2025.
Equitable Holdings (EQH) Operating Margin (2017 - 2026) Analysis & Trends
Equitable Holdings' Operating Margin history runs 10 years deep, the most recent figure standing at 11.87% for Q1 2026.
- On a quarterly basis, Operating Margin rose 2465.0% year-over-year to 11.87% in Q1 2026; TTM through Mar 2026 was 68.06%, a 9971.0% decrease from a year earlier, with the FY2025 full-year figure at 1347.8%, down 134281.0% from the prior year.
- Operating Margin improved to 11.87% in Q1 2026 per EQH's latest filing, from 1418.75% in the prior quarter.
- Across five years, Operating Margin topped out at 159.79% in Q4 2023 and bottomed at 1418.75% in Q4 2025.
- The 5-year median for Operating Margin is 21.93% (2024), against an average of 364.13%.
- Across the five-year window, Operating Margin jumped 116424 bps in 2024 and plunged 149175 bps in 2025, its largest moves.
- Year by year, Operating Margin stood at 80.2% in 2022, then soared by 99 bps to 159.79% in 2023, then slumped by 54 bps to 73.0% in 2024, then plunged by 2043 bps to 1418.75% in 2025, then surged by 101 bps to 11.87% in 2026.
- Per Business Quant, the three latest EQH Operating Margin figures stand at 11.87% (Q1 2026), 1418.75% (Q4 2025), and 124.14% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 175.98% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 42.01% |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 24.88% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 18.44% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 36.65% |
| 10 | Equitable Holdings | 13.35 Bn | 4.68 Bn | 3.85 Bn | 11.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.87% |
| Dec 31, 2025 | -1,418.75% |
| Sep 30, 2025 | -124.14% |
| Jun 30, 2025 | -48.69% |
| Mar 31, 2025 | -12.78% |
| Dec 31, 2024 | 73.00% |
| Sep 30, 2024 | -21.93% |
| Jun 30, 2024 | 0.40% |
| Mar 31, 2024 | -20.54% |
| Dec 31, 2023 | 159.79% |
| Sep 30, 2023 | -899.24% |
| Jun 30, 2023 | -727.08% |
| Mar 31, 2023 | -1,184.78% |
| Dec 31, 2022 | 80.20% |
| Sep 30, 2022 | -979.54% |
| Jun 30, 2022 | 14.63% |
| Mar 31, 2022 | -1,092.71% |
| Dec 31, 2021 | 1,290.91% |
| Sep 30, 2021 | 4.95% |
| Jun 30, 2021 | -6.88% |