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
DateValue
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%