Equitable profit margin EQH
Gross, operating and net profit as a share of revenue over the last twelve months, from 2017.
- Net margin, 12 months
- −8.7%
- Net margin on a year earlier
- −12.2 pts
- Peer median
- 14.7%
Over the twelve months to Jun 30, 2026, Equitable kept −8.7% of its revenue as net profit.
Five years earlier its net margin was −52.4%.
The median for 10 insurance brokers of a similar size is 14.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | −11.8% |
| FY2024 | 10.3% |
| FY2023 | 12.3% |
| FY2022 | 17.0% |
| FY2021 | −4.0% |
| FY2020 | −5.2% |
| FY2019 | −18.3% |
| FY2018 | 15.1% |
| FY2017 | 6.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | −8.7% | −12.2 pts | |
| Q1 FY26 | −7.3% | −15.7 pts | |
| Q4 FY25 | −11.8% | −22.1 pts | |
| Q3 FY25 | −5.9% | −3.0 pts | |
| Q2 FY25 | 3.5% | −4.1 pts | |
| Q1 FY25 | 8.5% | −3.2 pts | |
| Q4 FY24 | 10.3% | −2.0 pts | |
| Q3 FY24 | −2.8% | −23.0 pts | |
| Q2 FY24 | 7.6% | −9.1 pts | |
| Q1 FY24 | 11.6% | −3.5 pts | |
| Q4 FY23 | 12.3% | −4.7 pts | |
| Q3 FY23 | 20.1% | +3.6 pts |
Against its peers
Companies in Insurance - Brokers nearest Equitable's size, closest first, today.
| Company | Profit margin |
|---|---|
| EQHEquitable | −8.7% |
| ERIEErie Indemnity | 14.0% |
| RYANRyan Specialty | 3.1% |
| BROBrown & Brown | 17.7% |
| WTWWillis Towers Watson Public | 15.5% |
| ACTEnact | 54.5% |
| HGTYHagerty | 1.8% |
| CRVLCorvel | 11.7% |
| NPNeptune Insurance | 22.7% |
| AONAon | 22.3% |
| AJGArthur J. Gallagher | 10.0% |
| Peer median | 14.7% |
Where Equitable ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Equitable
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.