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Equitable HoldingsFRA:AXJ -1.76%77 Debt-to-EBITDA is 1.48 as of Mar. 2026, which is 6% below its 10-year median of 1.58. GuruFocus rates FRA:AXJ with a GF Score™ of 77/100 and a GF Value™ of €45.73. The stock has 7 warning signs investors should review. Among 384 Asset Management companies, Equitable Holdings ranks worse than 91.41% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Equitable Holdings's Debt-to-EBITDA or its related term are showing as below:
FRA:AXJ'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -67.65 Med: 1.58 Max: 10.93
Current: 10.93
During the past 12 years, the highest Debt-to-EBITDA Ratio of Equitable Holdings was 10.93. The lowest was -67.65. And the median was 1.58.
FRA:AXJ's Debt-to-EBITDA is ranked worse than 91.41% of 384
companies
in the Asset Management industry
Industry Median: 1.395
vs FRA:AXJ: 10.93
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Equitable Holdings Debt-to-EBITDA Related Terms
Equitable Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Equitable Holdings's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:AXJ vs PSLV, IVZ, PS: Debt-to-EBITDA Comparison
For the Asset Management subindustry, Equitable Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Equitable Holdings Debt-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Equitable Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Equitable Holdings's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Equitable Holdings (FRA:AXJ) has a Debt-to-EBITDA of 1.48 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Equitable Holdings. This is near median its historical median of 1.58. According to the industry distribution chart, Equitable Holdings ranks #351 out of 384 companies in the Asset Management industry, placing it in the top 91.4%.
Is Equitable Holdings' Debt-to-EBITDA too high?
Equitable Holdings' current Debt-to-EBITDA of 1.48 is near median its 10-year median of 1.58. The Asset Management industry median Debt-to-EBITDA is 1.40. Equitable Holdings' value of 1.48 is 6.1% above this industry median. Based on the distribution chart, Equitable Holdings ranks #351 out of 384 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Equitable Holdings has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Equitable Holdings' Debt-to-EBITDA compare to PSLV and IVZ?
According to the Asset Management industry distribution chart, Equitable Holdings ranks #351 out of 384 companies for Debt-to-EBITDA. This places Equitable Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.40. Equitable Holdings' value of 1.48 is 6.1% above this benchmark. While the company's 10-year median is 1.58 vs. the industry median of 1.40, Equitable Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.40, based on 384 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equitable Holdings's current Debt-to-EBITDA of 1.48 is 6.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Equitable Holdings. For the Asset Management industry, the median Debt-to-EBITDA is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equitable Holdings's current Debt-to-EBITDA is 1.48, which is near median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equitable Holdings stock overvalued right now?
Equitable Holdings (FRA:AXJ) has a current Debt-to-EBITDA of 1.48. The stock's GF Value™ is €45.73, compared to a current price of €41.87 — trading 8.4% below its estimated fair value. The current Debt-to-EBITDA is 1.48, which is near median its 10-year median of 1.58 and 6.1% above the Asset Management industry median of 1.40. Equitable Holdings' overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Equitable Holdings (FRA:AXJ), the current Debt-to-EBITDA is 1.48 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Equitable Holdings (FRA:AXJ) Overvalued in 2026?
Based on GuruFocus' analysis, Equitable Holdings stock appears to be undervalued.
The current stock price of €41.87 is trading 8.4% below its estimated GF Value™ of €45.73.
Key valuation signals for FRA:AXJ:
Debt-to-EBITDA: 1.48 (near median its 10-year median of 1.58)
GF Value™: €45.73 vs. price of €41.87 (8.4% below fair value)
Industry Position: 6.1% above the Asset Management median (#351 of 384)
No single metric tells the full story. See the FRA:AXJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Equitable Holdings Inc is a financial services company providing retirement, asset management, and wealth management solutions for individual and institutional clients, operating through three segments. The Retirement segment generates the majority of revenue and offers annuities, retirement savings plans, institutional savings products, and includes the spread lending business. The Asset Management segment provides diversified investment management and related services globally through Institutional, Retail, and Private Wealth channels and reflects the business of AB. The Wealth Management segment offers advisory accounts, financial planning and advice, life insurance, and annuity products. Revenues are earned predominantly from fee income, income from investments, and insurance premiums.
77GF Score
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