EQH
Equitable Holdings margins
- Stocks
- Financial Services
- NYSE: EQH
- Margins
Equitable Holdings shows a gross margin of 65.1%, an operating margin of -3.6%, an EBITDA margin of 1.1%, and a net margin of -8.7%, although its operating margin is negative at -3.6%, and its net margin is negative at -8.7%. Gross margin showed the largest year-over-year gain at 1.9 percentage points, whereas operating margin showed the largest decline at 12.5 percentage points.
EQH margin history
Over the last 3 years, Equitable Holdings's margins averaged 66.99% gross, 6.38% operating, 10.31% EBITDA, and 1.55% net. Compared with their three-year averages, all four current margins are lower.
EQH margin expansion
The largest positive change was in gross margin, up 1.9 percentage points. The expansion was limited to gross margin, while operating margin contracted by 12.5 percentage points, EBITDA margin by 11 percentage points, and net margin by 12.2 percentage points.
EQH Gross margin
Over the last 3 years, Equitable Holdings had an average gross margin of 66.99%. Against its three-year average, Equitable Holdings's gross margin is currently 65.1%, 1.9 percentage points below its three-year average. Looking back over the last 3 years, Equitable Holdings's gross margin reached 80.4% at its highest point in Mar 2024 and 56.9% at its lowest in Dec 2025.
EQH Operating margin
Looking back over the last 3 years, Equitable Holdings recorded an average operating margin of 6.38%. Equitable Holdings currently reports an operating margin of -3.6%, 10 percentage points below its three-year average. The highest operating margin for Equitable Holdings was 18.5% in Dec 2024, while the lowest was -8.3% in Dec 2025.
EQH EBITDA margin
Equitable Holdings's EBITDA margin averaged 10.31% in the last 3 years. The current EBITDA margin stands at 1.1%, 9.2 percentage points below its three-year average. Over the last 3 years, Equitable Holdings's EBITDA margin peaked at 21.4% in Dec 2024 and reached a low of -3.8% in Dec 2025.
EQH Net margin
Over the last 3 years, Equitable Holdings's net margin averaged 1.55%. At present, Equitable Holdings's current net margin is -8.7%, which is 10.3 percentage points below its three-year average. During this period, net margin reached a high of 12.3% in Dec 2023 and a low of -11.8% in Dec 2025.
EQH margin group comparison
With a gross margin of 65.1%, EQH is above the industry average but below the Financial Services sector average. Compared to its Financial Services sector average of 83.9%, Equitable Holdings's gross margin is 22% lower.
EQH margin peer comparison
Frequently asked questions
What is Equitable Holdings's gross margin?
As of Jun 30, 2026, EQH has a gross margin of 65.1%.
What is Equitable Holdings's operating margin?
The current operating margin for EQH is -3.6% as of Jun 30, 2026.
What is Equitable Holdings's EBITDA margin?
The current EBITDA margin for EQH is 1.1% as of Jun 30, 2026.
What is Equitable Holdings's net margin?
As of Jun 30, 2026, EQH has a net margin of -8.7%.
What are the average margins of EQH?
Equitable Holdings's gross, operating, EBITDA, and net margins averaged 67.0% gross, 6.4% operating, 10.3% EBITDA, and 1.6% net over the last 3 years.
What are the highest historical margins of EQH?
Across the 5-year period, EQH posted its highest margins at 125.8% gross in Mar 2022, 58.6% operating in Sep 2022, 61.2% EBITDA in Sep 2022, and 42.3% net in Sep 2022.
What are the lowest historical margins of EQH?
Equitable Holdings's lowest recorded margins during the past 5 years were 56.9% gross in Dec 2025, -8.3% operating in Dec 2025, -3.8% EBITDA in Dec 2025, and -11.8% net in Dec 2025.