COMP <GO>
EQH vs MS // EV/EBITDA & P/E VALUATION
Equitable Holdings Inc. (NYSE) VS. Morgan Stanley (NYSE) • 15-METRIC TALLY: EQH 3
— MS 9
■ METRIC PARITY
LAST: $53.85 (-1.39%) • MKT CAP: $14.91B
valuation
—
LAST: $184.30 (-3.00%) • MKT CAP: $298.41B
valuation
31.0x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (EQH VS. MS)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | EQH | MS | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.00% | 41.00% | 0.00 | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 0.00% | 3.00% | -3.00 | MS | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 31.0x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 1.27% | -7.25% | +8.52 | EQH | /fcf-yield <GO> |
| Operating Margin | 0.00% | 24.60% | -24.60 | MS | /operating-margins <GO> |
| Net Profit Margin | 0.00% | 20.20% | -20.20 | MS | /net-margins <GO> |
| Revenue Growth (YoY) | -6.10% | 5.50% | -11.60 | MS | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.11% | 2.21% | -0.10 | MS | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.45 | 0.46 | -0.01 | MS | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 5/9 | +1.00 | EQH | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 7.00% | 7.00% | 0.00 | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 52.3 | 43.3 | +8.99 | EQH | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.02 | 1.04 | -0.02 | MS | /macro-sensitivity <GO> |
| Forward P/E Multiple | 35.0x | 16.5x | +18.50 | MS | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $14.91B | $298.41B | -$283.50B | MS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | EQH REV | MS REV | EQH GROSS % | MS GROSS % | EQH FCF | MS FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $11.66B | $0 | 44.0% | — | $189.1M | -$17.89B |
| FY 2024 | $12.43B | $0 | 44.0% | — | $1.45B | $1.36B |
| FY 2023 | $10.46B | $0 | 44.0% | — | -$678.7M | -$33.54B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
EQH // BETA 1.02
MS // BETA 1.04