vs

Side-by-side financial comparison of Equitable Holdings, Inc. (EQH) and Interpublic Group of Companies (The) (IPG). Click either name above to swap in a different company.

Equitable Holdings, Inc. is the larger business by last-quarter revenue ($4.2B vs $2.1B, roughly 2.0× Interpublic Group of Companies (The)). Equitable Holdings, Inc. runs the higher net margin — 14.7% vs 5.8%, a 8.9% gap on every dollar of revenue. On growth, Interpublic Group of Companies (The) posted the faster year-over-year revenue change (-4.8% vs -7.6%). Over the past eight quarters, Equitable Holdings, Inc.'s revenue compounded faster (9.8% CAGR vs -9.1%).

Equitable Holdings, Inc. is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde.

The Interpublic Group of Companies, Inc. (IPG) was an American advertising company based in New York City. It consisted of the five major networks FCB, IPG Mediabrands, McCann Worldgroup, MullenLowe Group and Marketing Specialists, as well as several independent specialty agencies in the areas of public relations, sports marketing, talent representation and healthcare. Prior to the Omnicom acquisition, it was one of the "Big Four" agency companies, alongside WPP, Publicis, and Omnicom. The co...

EQH vs IPG — Head-to-Head

Bigger by revenue
EQH
EQH
2.0× larger
EQH
$4.2B
$2.1B
IPG
Growing faster (revenue YoY)
IPG
IPG
+2.8% gap
IPG
-4.8%
-7.6%
EQH
Higher net margin
EQH
EQH
8.9% more per $
EQH
14.7%
5.8%
IPG
Faster 2-yr revenue CAGR
EQH
EQH
Annualised
EQH
9.8%
-9.1%
IPG

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
EQH
EQH
IPG
IPG
Revenue
$4.2B
$2.1B
Net Profit
$621.0M
$124.2M
Gross Margin
Operating Margin
10.3%
Net Margin
14.7%
5.8%
Revenue YoY
-7.6%
-4.8%
Net Profit YoY
885.7%
517.9%
EPS (diluted)
$2.14
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EQH
EQH
IPG
IPG
Q1 26
$4.2B
Q4 25
$3.3B
Q3 25
$1.4B
$2.1B
Q2 25
$2.4B
$2.2B
Q1 25
$4.6B
$2.0B
Q4 24
$3.6B
$2.4B
Q3 24
$3.1B
$2.2B
Q2 24
$3.5B
$2.3B
Net Profit
EQH
EQH
IPG
IPG
Q1 26
$621.0M
Q4 25
$215.0M
Q3 25
$-1.3B
$124.2M
Q2 25
$-349.0M
$162.5M
Q1 25
$63.0M
$-85.4M
Q4 24
$899.0M
$344.5M
Q3 24
$-134.0M
$20.1M
Q2 24
$428.0M
$214.5M
Gross Margin
EQH
EQH
IPG
IPG
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
-3.2%
Q4 24
10.1%
Q3 24
2.9%
Q2 24
1.2%
Operating Margin
EQH
EQH
IPG
IPG
Q1 26
Q4 25
10.5%
Q3 25
-93.0%
10.3%
Q2 25
-15.4%
11.2%
Q1 25
3.8%
-2.1%
Q4 24
33.1%
23.3%
Q3 24
-0.5%
5.9%
Q2 24
19.4%
13.7%
Net Margin
EQH
EQH
IPG
IPG
Q1 26
14.7%
Q4 25
6.6%
Q3 25
-90.3%
5.8%
Q2 25
-14.8%
7.5%
Q1 25
1.4%
-4.3%
Q4 24
24.8%
14.1%
Q3 24
-4.4%
0.9%
Q2 24
12.2%
9.2%
EPS (diluted)
EQH
EQH
IPG
IPG
Q1 26
$2.14
Q4 25
$0.69
Q3 25
$-4.47
$0.34
Q2 25
$-1.21
$0.44
Q1 25
$0.16
$-0.23
Q4 24
$2.72
$0.92
Q3 24
$-0.47
$0.05
Q2 24
$1.23
$0.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EQH
EQH
IPG
IPG
Cash + ST InvestmentsLiquidity on hand
$8.2B
$1.5B
Total DebtLower is stronger
$3.8B
Stockholders' EquityBook value
$4.2B
$3.7B
Total Assets
$310.4B
$17.0B
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQH
EQH
IPG
IPG
Q1 26
$8.2B
Q4 25
$12.5B
Q3 25
$13.6B
$1.5B
Q2 25
$15.0B
$1.6B
Q1 25
$8.2B
$1.9B
Q4 24
$7.0B
$2.2B
Q3 24
$9.6B
$1.5B
Q2 24
$9.7B
$1.5B
Total Debt
EQH
EQH
IPG
IPG
Q1 26
$3.8B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
EQH
EQH
IPG
IPG
Q1 26
$4.2B
Q4 25
$-74.0M
Q3 25
$148.0M
$3.7B
Q2 25
$1.1B
$3.7B
Q1 25
$2.4B
$3.6B
Q4 24
$1.6B
$3.8B
Q3 24
$3.2B
$3.7B
Q2 24
$1.6B
$3.8B
Total Assets
EQH
EQH
IPG
IPG
Q1 26
$310.4B
Q4 25
$318.0B
Q3 25
$314.4B
$17.0B
Q2 25
$303.1B
$17.0B
Q1 25
$287.4B
$17.1B
Q4 24
$295.9B
$18.3B
Q3 24
$299.0B
$17.1B
Q2 24
$287.8B
$17.0B
Debt / Equity
EQH
EQH
IPG
IPG
Q1 26
0.91×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EQH
EQH
IPG
IPG
Operating Cash FlowLast quarter
$180.1M
Free Cash FlowOCF − Capex
$153.6M
FCF MarginFCF / Revenue
7.2%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
1.45×
TTM Free Cash FlowTrailing 4 quarters
$806.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQH
EQH
IPG
IPG
Q1 26
Q4 25
$-154.0M
Q3 25
$369.0M
$180.1M
Q2 25
$341.0M
$-96.0M
Q1 25
$158.0M
$-37.0M
Q4 24
$400.0M
$868.1M
Q3 24
$683.0M
$223.8M
Q2 24
$892.0M
$120.7M
Free Cash Flow
EQH
EQH
IPG
IPG
Q1 26
Q4 25
Q3 25
$153.6M
Q2 25
$-121.8M
Q1 25
$-58.5M
Q4 24
$833.5M
Q3 24
$186.5M
Q2 24
$85.9M
FCF Margin
EQH
EQH
IPG
IPG
Q1 26
Q4 25
Q3 25
7.2%
Q2 25
-5.6%
Q1 25
-2.9%
Q4 24
34.2%
Q3 24
8.3%
Q2 24
3.7%
Capex Intensity
EQH
EQH
IPG
IPG
Q1 26
Q4 25
Q3 25
1.2%
Q2 25
1.2%
Q1 25
1.1%
Q4 24
1.4%
Q3 24
1.7%
Q2 24
1.5%
Cash Conversion
EQH
EQH
IPG
IPG
Q1 26
Q4 25
-0.72×
Q3 25
1.45×
Q2 25
-0.59×
Q1 25
2.51×
Q4 24
0.44×
2.52×
Q3 24
11.13×
Q2 24
2.08×
0.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EQH
EQH

Segment breakdown not available.

IPG
IPG

MDE$619.0M29%
IAC$574.9M27%
Other$527.9M25%
SCE$413.8M19%

Related Comparisons