Equitable Holdings
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
6.9934.269.5313.425.08-8.51-33.02-570.275.038.95-52.11-8.51
Price/Sales ratio
0.871.130.950.910.761.270.921.240.851.101.350.76
Price/Book Value ratio
N/A1.091.000.840.660.900.731.187.734.404.690.66
Price/Cash Flow ratio
-18.16-59.43-48.3511.17151.68-56.62-188.94-18.10-12.73-56.0418.1018.10
Price/Free Cash Flow ratio
-15.84-41.49-34.2612.41-149.24-39.58-68.60-15.62-10.64-35.8720.72-149.24
Price/Earnings Growth ratio
N/A-0.420.03-0.400.040.040.446.16-0.00-0.241.920.04
Dividend Yield
N/AN/AN/AN/A1.69%2.33%3.03%2.73%3.45%3.26%1.97%1.69%
Profitability Indicator Ratios
Gross Profit Margin
33.75%21.67%32.33%28.67%67.80%58.57%69.42%59.50%82.60%27.20%48.79%58.57%
Operating Profit Margin
19.10%2.50%14.49%8.39%19.52%-30.09%-15.85%-12.49%19.65%N/A5.25%5.25%
Pretax Profit Margin
18.57%4.37%16.16%10.50%20.37%-21.21%-8.80%-1.53%23.66%7.00%0.88%0.88%
Net Profit Margin
12.47%3.30%10.05%6.79%15.06%-14.97%-2.81%-0.21%17.02%12.36%-2.63%-14.97%
Effective Tax Rate
19.65%-49.20%18.39%3.12%12.47%29.43%68.06%85.79%19.98%-122.62%-125.77%29.43%
Return on Assets
N/A0.16%0.55%0.36%0.82%-0.57%-0.12%-0.00%0.85%0.47%-0.09%-0.57%
Return On Equity
N/A3.18%10.53%6.30%13.12%-10.60%-2.24%-0.20%153.67%49.15%-12.15%-10.60%
Return on Capital Employed
N/A0.12%0.81%0.45%1.07%-1.16%-0.70%-0.47%0.99%N/A0.19%0.19%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/A0.230.42N/AN/AN/A3.410.23
Quick Ratio
N/A13.2319.1714.2511.8611.8541.1918.1815.155.493.4111.85
Cash ratio
N/A1.611.530.931.852.072.181.881.421.603.411.85
Days of Sales Outstanding
N/A262.26224.50209.45N/AN/AN/AN/A334.57N/AN/AN/A
Days of Inventory outstanding
N/A-3.65-709.55-601.742.74K-1.30K-2.05K-2.25K8.59KN/AN/AN/A
Operating Cycle
N/A258.60-485.05-392.292.74K-1.30K-2.05K-2.25K8.93KN/AN/AN/A
Days of Payables Outstanding
N/A169.22199.79181.90466.01195.31271.53217.57373.13127.73181.88195.31
Cash Conversion Cycle
N/A89.37-684.84-574.202.27K-1.50K-2.32K-2.47K8.55K-127.73-181.88-181.88
Debt Ratios
Debt Ratio
N/A0.030.020.020.010.01N/A0.010.020.010.010.01
Debt Equity Ratio
N/A0.610.390.440.310.30N/A0.443.731.531.180.31
Long-term Debt to Capitalization
N/A0.290.200.180.240.23N/A0.300.760.590.540.24
Total Debt to Capitalization
N/A0.380.280.300.240.23N/A0.300.780.600.540.24
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/A-5.46N/AN/AN/A2.49N/A
Cash Flow to Debt Ratio
N/A-0.02-0.050.160.01-0.05N/A-0.14-0.16-0.050.210.01
Company Equity Multiplier
N/A19.6919.0617.4715.9218.4618.1225.37180.37104.4992.8515.92
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.04-0.01-0.010.080.00-0.02-0.00-0.06-0.06-0.010.070.00
Free Cash Flow / Operating Cash Flow Ratio
1.141.431.410.90-1.011.432.751.151.191.560.85-1.01
Cash Flow Coverage Ratio
N/A-0.02-0.050.160.01-0.05N/A-0.14-0.16-0.050.210.01
Short Term Coverage Ratio
N/A-0.09-0.140.34N/AN/AN/A-8.21-1.12-0.81N/AN/A
Dividend Payout Ratio
N/AN/AN/AN/A8.62%-19.84%-100.28%-1562.5%17.37%29.26%-131.37%-19.84%