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Equitable HoldingsFRA:AXJ -2.02%77 Debt-to-Equity is 25.37 as of Mar. 2026, which is 5800% above its 10-year median of 0.43. GuruFocus rates FRA:AXJ with a GF Score™ of 77/100 and a GF Value™ of €46.30. The stock has 6 warning signs investors should review. Among 962 Asset Management companies, Equitable Holdings ranks worse than 99.69% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Equitable Holdings's Debt-to-Equity or its related term are showing as below:
FRA:AXJ'
s Debt-to-Equity Range Over the Past 10 Years
Min: -88.68 Med: 0.43 Max: 42.99
Current: 25.37
During the past 12 years, the highest Debt-to-Equity Ratio of Equitable Holdings was 42.99. The lowest was -88.68. And the median was 0.43.
FRA:AXJ's Debt-to-Equity is ranked worse than 99.69% of 962
companies
in the Asset Management industry
Industry Median: 0.21
vs FRA:AXJ: 25.37
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Equitable Holdings Debt-to-Equity Related Terms
Equitable Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Equitable Holdings's Debt-to-Equity 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-Equity Comparison
For the Asset Management subindustry, Equitable Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Equitable Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Equitable Holdings's Debt-to-Equity 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.
Equitable Holdings (FRA:AXJ) has a Debt-to-Equity of 25.37 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Equitable Holdings and its competitors. This is 5800% above median its historical median of 0.43. According to the industry distribution chart, Equitable Holdings ranks #959 out of 962 companies in the Asset Management industry, placing it in the top 99.7%.
Is Equitable Holdings' Debt-to-Equity too high?
Equitable Holdings' current Debt-to-Equity of 25.37 is 5800% above median its 10-year median of 0.43. The Asset Management industry median Debt-to-Equity is 0.21. Equitable Holdings' value of 25.37 is 11981% above this industry median. Based on the distribution chart, Equitable Holdings ranks #959 out of 962 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-Equity compare to PSLV and IVZ?
According to the Asset Management industry distribution chart, Equitable Holdings ranks #959 out of 962 companies for Debt-to-Equity. This places Equitable Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Equitable Holdings' value of 25.37 is 11981% above this benchmark. While the company's 10-year median is 0.43 vs. the industry median of 0.21, 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-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 962 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equitable Holdings's current Debt-to-Equity of 25.37 is 11981% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Equitable Holdings and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equitable Holdings's current Debt-to-Equity is 25.37, which is 5800% above median its own 10-year median of 0.43. 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-Equity of 25.37. The stock's GF Value™ is €46.30, compared to a current price of €41.16 — trading 11.1% below its estimated fair value. The current Debt-to-Equity is 25.37, which is 5800% above median its 10-year median of 0.43 and 11981% above the Asset Management industry median of 0.21. Equitable Holdings' overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Equitable Holdings (FRA:AXJ), the current Debt-to-Equity is 25.37 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 €41.16 is trading 11.1% below its estimated GF Value™ of €46.30.
Key valuation signals for FRA:AXJ:
Debt-to-Equity: 25.37 (5800% above median its 10-year median of 0.43)
GF Value™: €46.30 vs. price of €41.16 (11.1% below fair value)
Industry Position: 11981% above the Asset Management median (#959 of 962)
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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