EQH vs RYAN
Equitable Holdings, Inc. and Ryan Specialty Holdings, Inc., side by side — 7 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | EQH | RYAN |
|---|---|---|
| Revenue | $11.7B | $3.1B |
| Net income | $-1.4B | $63.4M |
| Gross margin | · | · |
| Net margin | −8.9% | 7.0% |
| Return on equity | · | 9.9% |
| Diluted EPS | −$4.83 | · |
| Dividend / share | $1.05 | · |
| Payout ratio | −22.8% | 98.3% |
| Free cash flow | · | $640.7M |
| Equity | $-74.0M | $648.1M |
| Net debt / equity | · | 4.93× |
| Current ratio | · | 0.98× |
| Revenue CAGR 5y | −1.2% | 24.5% |
| Profit CAGR 5y | · | −1.4% |
EQH bills 3.8× the revenue of RYAN, and EQH closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
7 years side by side
| Fiscal year | EQH | RYAN |
|---|---|---|
| FY2025 | $11.7B | $3.1B |
| FY2024 | $12.4B | $2.5B |
| FY2023 | $10.5B | $2.1B |
| FY2022 | $12.6B | $1.7B |
| FY2021 | $7.6B | $1.4B |
| FY2020 | $12.4B | $1.0B |
| FY2019 | $9.6B | $765.1M |
Bottom line
| Fiscal year | EQH | RYAN |
|---|---|---|
| FY2025 | $-1.4B | $63.4M |
| FY2024 | $1.3B | $94.7M |
| FY2023 | $1.3B | $61.0M |
| FY2022 | $2.2B | $61.1M |
| FY2021 | $1.8B | $65.9M |
| FY2020 | $-648.0M | $68.1M |
| FY2019 | $-1.8B | $64.2M |
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$8,613,874,000 | EQH |
| FY2024 | +$9,909,290,000 | EQH |
| FY2023 | +$8,382,451,000 | EQH |
| FY2022 | +$10,918,807,000 | EQH |
| FY2021 | +$6,181,229,000 | EQH |
| FY2020 | +$11,396,726,000 | EQH |
| FY2019 | +$8,853,889,000 | EQH |
EQH has reported the higher revenue in every one of these 7 fiscal years. The gap has narrowed since the earliest year compared.
7 of 10 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −15.9 pp | RYAN |
| FY2024 | +5.3 pp | EQH |
| FY2023 | +6.2 pp | EQH |
| FY2022 | +9.5 pp | EQH |
| FY2021 | +24.5 pp | EQH |
| FY2020 | −9.7 pp | RYAN |
| FY2019 | −23.5 pp | RYAN |
The higher net margin has changed hands between EQH and RYAN over this period.
7 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
EQH's net margin has been more volatile than RYAN's over the 7 comparable fiscal years — 15.0 percentage points of standard deviation against 1.8.
7 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between EQH and RYAN over these 7 fiscal years — EQH led in 4 and RYAN in 3.
7 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
EQH's return on equity has been more volatile than RYAN's over the 3 comparable fiscal years — 13.7 percentage points of standard deviation against 1.8.
3 of 9 comparable fiscal years — a year missing data on either side is not counted.
Year by year
EQH led in return on equity in every one of the 3 comparable fiscal years — a structural lead, not a recent swing.
3 of 9 comparable fiscal years — a year missing data on either side is not counted.