AllianceBernstein Holding L.P. (AB) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Asset Management
EV/EBITDA
↑
11.68
+10% vs avg
5yr avg: 10.61
30Y Low5.1·High26.8
P/FCF
↓
11.03
+11% vs avg
5yr avg: 9.92
30Y Low3.3·High70.1
P/B Ratio
↑
2.87
↑+24% vs avg
5yr avg: 2.32
30Y Low0.8·High17.1
ROE
↓
18.3%
↓+1% vs avg
5yr avg: 18.1%
30Y Low-5%·High110%
Debt/EBITDA
N/A
—
5yr avg: N/A
30Y Low0.1·High0.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
AB Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
AllianceBernstein Holding L.P. trades at 11.8x earnings, roughly in line with its 5-year average of 12.3x, sitting at the 28th percentile of its historical range. Compared to the Financial Services sector median P/E of 14.0x, the stock trades at a discount of 15%. On a free-cash-flow basis, the stock trades at 11.0x P/FCF, 11% above the 5-year average of 9.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.9B | $3.9B | $4.2B | $3.5B | $3.5B | $4.9B | $3.3B | $2.9B | $2.7B | $2.4B | $2.3B |
| Enterprise Value | $3.9B | $3.9B | $3.4B | $3.5B | $3.5B | $4.9B | $3.3B | $2.9B | $2.7B | $2.4B | $2.3B |
| P/E Ratio → | 11.84 | 12.96 | 10.00 | 13.26 | 12.78 | 12.59 | 11.73 | 12.15 | 10.97 | 11.44 | 10.52 |
| P/S Ratio | 11.68 | 11.69 | 9.16 | 11.69 | 11.45 | 11.68 | 10.61 | 10.90 | 9.82 | 10.26 | 9.54 |
| P/B Ratio | 2.87 | 3.14 | 2.08 | 1.69 | 1.69 | 3.00 | 2.04 | 1.87 | 1.78 | 1.54 | 1.48 |
| P/FCF | 11.03 | 11.04 | 3.29 | 11.92 | 9.65 | 13.69 | 12.12 | 13.03 | 10.78 | 14.63 | 17.20 |
| P/OCF | 11.03 | 11.04 | 3.01 | 11.92 | 9.65 | 13.69 | 12.12 | 13.03 | 9.52 | 11.78 | 13.47 |
P/E links to full P/E history page with 30-year chart
AB EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
AllianceBernstein Holding L.P.'s enterprise value stands at 11.7x EBITDA, 10% above its 5-year average of 10.6x. This is roughly in line with the Financial Services sector median of 11.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 11.69 | 7.36 | 11.69 | 11.45 | 11.68 | 10.61 | 10.90 | 9.82 | 10.26 | 9.54 |
| EV / EBITDA | 11.68 | 11.69 | 6.54 | 11.69 | 11.45 | 11.68 | 10.61 | 10.90 | 9.82 | 9.02 | 8.14 |
| EV / EBIT | 11.68 | 11.69 | 7.36 | 11.69 | 11.45 | 11.68 | 10.61 | 10.90 | 9.82 | 10.26 | 9.54 |
| EV / FCF | — | 11.04 | 2.65 | 11.92 | 9.65 | 13.69 | 12.12 | 13.03 | 10.78 | 14.63 | 17.20 |
AB Profitability
Margins and return-on-capital ratios measuring operating efficiency
AllianceBernstein Holding L.P. earns an operating margin of 100.0%, significantly above the Financial Services sector average of 20.0%. ROE of 18.3% indicates solid capital efficiency, compared to the sector median of 8.9%. ROIC of 15.3% represents solid returns on invested capital versus a sector median of 5.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Net Profit Margin | 90.1% | 90.1% | 91.6% | 88.1% | 89.7% | 92.7% | 90.6% | 89.6% | 89.6% | 89.3% | 90.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 18.3% | 18.3% | 20.6% | 12.7% | 14.8% | 23.9% | 17.7% | 15.7% | 16.0% | 13.5% | 13.9% |
| ROA | 18.3% | 18.3% | 20.6% | 12.7% | 14.8% | 23.9% | 17.7% | 15.7% | 16.0% | 13.4% | 13.9% |
| ROIC | 15.3% | 15.3% | 16.9% | 10.8% | 12.4% | 19.4% | 14.7% | 13.1% | 13.4% | 11.3% | 11.5% |
| ROCE | 20.3% | 20.3% | 22.5% | 14.4% | 16.5% | 25.8% | 19.5% | 17.5% | 17.8% | 15.1% | 15.4% |
AB Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $0 ($0 total debt minus $0 cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 0.00 | -0.41 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Debt / EBITDA | — | 0.00 | -1.60 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / FCF | — | 0.00 | -0.65 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — |
AB Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Quick Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Cash Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Asset Turnover | — | 0.27 | 0.23 | 0.14 | 0.15 | 0.26 | 0.19 | 0.17 | 0.18 | 0.15 | 0.16 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
AB Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
AllianceBernstein Holding L.P. returns 9.9% to shareholders annually primarily through dividends. The payout ratio exceeds 100% at 117.5%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 8.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 9.9% | 9.1% | 8.1% | 8.4% | 10.3% | 7.4% | 8.3% | 7.7% | 10.6% | 8.5% | 7.4% |
| Payout Ratio | 117.5% | 117.5% | 80.6% | 112.1% | 131.7% | 92.6% | 97.0% | 93.3% | 115.8% | 97.6% | 78.4% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.4% | 7.7% | 10.0% | 7.5% | 7.8% | 7.9% | 8.5% | 8.2% | 9.1% | 8.7% | 9.5% |
| FCF Yield | 9.1% | 9.1% | 30.4% | 8.4% | 10.4% | 7.3% | 8.3% | 7.7% | 9.3% | 6.8% | 5.8% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 9.9% | 9.1% | 8.1% | 8.4% | 10.3% | 7.4% | 8.3% | 7.7% | 10.6% | 8.5% | 7.4% |
| Shares Outstanding | — | $101M | $114M | $113M | $102M | $100M | $97M | $96M | $97M | $95M | $97M |
Peer Comparison
Compare AB with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ABYou | $4B | 11.8 | 11.7 | 11.0 | 100.0% | 100.0% | 18.3% | 15.3% | — |
 BEN | $17B | 35.7 | 23.4 | 18.5 | 80.3% | 6.9% | 3.7% | 1.6% | 11.7 |
 IVZ | $12B | -16.2 | 16.0 | 8.0 | 43.2% | -10.9% | -2.0% | -2.3% | 8.2 |
 VRTS | $926M | 6.9 | 16.1 | — | 74.9% | 17.4% | 13.5% | 3.0% | 13.9 |
 AMG | $9B | 14.9 | 11.7 | 8.9 | 86.0% | 31.8% | 15.8% | 8.1% | 2.8 |
 BLK | $153B | 27.7 | 20.2 | 42.9 | 55.5% | 29.1% | 10.0% | 7.5% | 1.9 |
 TROW | $23B | 11.4 | 7.8 | 15.5 | 62.7% | 29.9% | 17.8% | 13.3% | 0.3 |
 APAM | $2B | 8.6 | 6.4 | 14.4 | 45.7% | 33.4% | 37.9% | 26.7% | 1.0 |
 GS | $332B | 21.0 | 32.3 | — | 47.5% | 17.5% | 13.9% | 2.2% | 25.4 |
 MS | $347B | 21.6 | 26.7 | 7.5 | 57.1% | 19.1% | 15.5% | 3.1% | 17.9 |
 AXP | $235B | 22.3 | 15.7 | 14.7 | 83.2% | 17.1% | 34.0% | 12.0% | 3.7 |
| Financial Services Median | — | 14.0 | 11.2 | 11.3 | 64.0% | 20.0% | 8.9% | 5.3% | 4.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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AB — Frequently Asked Questions
Quick answers to the most common questions about buying AB stock.
What is AllianceBernstein Holding L.P.'s P/E ratio?
AllianceBernstein Holding L.P.'s current P/E ratio is 11.8x. The historical average is 16.0x. This places it at the 28th percentile of its historical range.
What is AllianceBernstein Holding L.P.'s EV/EBITDA?
AllianceBernstein Holding L.P.'s current EV/EBITDA is 11.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.2x.
What is AllianceBernstein Holding L.P.'s ROE?
AllianceBernstein Holding L.P.'s return on equity (ROE) is 18.3%. The historical average is 20.9%.
Is AB stock overvalued?
Based on historical data, AllianceBernstein Holding L.P. is trading at a P/E of 11.8x. This is at the 28th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is AllianceBernstein Holding L.P.'s dividend yield?
AllianceBernstein Holding L.P.'s current dividend yield is 9.92% with a payout ratio of 117.5%.
What are AllianceBernstein Holding L.P.'s profit margins?
AllianceBernstein Holding L.P. has 100.0% gross margin and 100.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.