EQH vs WTW
Equitable Holdings, Inc. and Willis Towers Watson PLC, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | EQH | WTW |
|---|---|---|
| Revenue | $11.7B | $9.7B |
| Net income | $-1.4B | $1.6B |
| Gross margin | · | · |
| Net margin | −8.9% | 16.6% |
| Return on equity | · | 20.2% |
| Diluted EPS | −$4.83 | $16.26 |
| Dividend / share | $1.05 | $3.68 |
| Payout ratio | −22.8% | 22.3% |
| Free cash flow | · | $1.5B |
| Equity | $-74.0M | $8.0B |
| Net debt / equity | · | 0.40× |
| Current ratio | · | 1.20× |
| Revenue CAGR 5y | −1.2% | 2.4% |
| Profit CAGR 5y | · | 10.0% |
EQH bills 1.2× the revenue of WTW, 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.
10 years side by side
| Fiscal year | EQH | WTW |
|---|---|---|
| FY2025 | $11.7B | $9.7B |
| FY2024 | $12.4B | $9.9B |
| FY2023 | $10.5B | $9.5B |
| FY2022 | $12.6B | $8.9B |
| FY2021 | $7.6B | $9.0B |
| FY2020 | $12.4B | $8.6B |
| FY2019 | $9.6B | $8.4B |
| FY2018 | $12.1B | $8.5B |
| FY2017 | $12.5B | $8.2B |
| FY2016 | $11.8B | $7.9B |
Bottom line
| Fiscal year | EQH | WTW |
|---|---|---|
| FY2025 | $-1.4B | $1.6B |
| FY2024 | $1.3B | $-98.0M |
| FY2023 | $1.3B | $1.1B |
| FY2022 | $2.2B | $1.0B |
| FY2021 | $1.8B | $4.2B |
| FY2020 | $-648.0M | $996.0M |
| FY2019 | $-1.8B | $1.0B |
| FY2018 | $1.9B | $695.0M |
| FY2017 | $834.0M | $568.0M |
| FY2016 | $1.3B | $420.0M |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$1,957,000,000 | EQH |
| FY2024 | +$2,495,000,000 | EQH |
| FY2023 | +$977,000,000 | EQH |
| FY2022 | +$3,778,000,000 | EQH |
| FY2021 | −$1,384,000,000 | WTW |
| FY2020 | +$3,800,000,000 | EQH |
| FY2019 | +$1,249,000,000 | EQH |
| FY2018 | +$3,556,000,000 | EQH |
| FY2017 | +$4,258,000,000 | EQH |
| FY2016 | +$3,876,000,000 | EQH |
The higher-revenue side has changed between EQH and WTW over this period. The gap has narrowed since the earliest year compared.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −25.5 pp | WTW |
| FY2024 | +15.3 pp | EQH |
| FY2023 | +4.3 pp | EQH |
| FY2022 | +7.4 pp | EQH |
| FY2021 | −18.6 pp | WTW |
| FY2020 | −14.7 pp | WTW |
| FY2019 | −28.1 pp | WTW |
| FY2018 | +9.7 pp | EQH |
| FY2017 | +2.9 pp | EQH |
| FY2016 | +8.5 pp | EQH |
The higher net margin has changed hands between EQH and WTW over this period.
10 of 18 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 WTW's over the 10 comparable fiscal years — 13.1 percentage points of standard deviation against 12.2.
10 of 18 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 WTW over these 10 fiscal years — EQH led in 6 and WTW in 4.
10 of 18 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 WTW's over the 8 comparable fiscal years — 26.7 percentage points of standard deviation against 9.9.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between EQH and WTW over these 8 fiscal years — EQH led in 5 and WTW in 3.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.