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Equity analyst salary
Average equity analyst salary
$103,715
Equity Analyst Salary Overview
As of October 2025, the average salary for an equity analyst is approximately $103,715 per year or $50 per hour. This compensation can vary significantly based on several factors, including geographical location, years of experience, and the specific industry in which the analyst works.
Earnings by State
Equity analysts in states such as New York and California typically command higher salaries, reflecting the cost of living and demand in financial markets. For instance, analysts in New York can expect salaries that exceed the national average, driven by the concentration of major financial institutions in the area.
Impact of Experience
Entry-level analysts may start at a lower salary, while those with significant experience or specialized skills often earn salaries upwards of $120,000. Additionally, positions in investment banking or hedge funds tend to offer more competitive compensation compared to other sectors.
Job Opportunities
For those interested in pursuing a career as an equity analyst, numerous opportunities exist across various financial firms. This role not only provides a solid salary but also a pathway for advancement into senior analytical or managerial positions.
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Where can an Equity Analyst earn more?
Equity analyst salary estimates from across the web
Average equity analyst salary by state
The average equity analyst salary in California, Massachusetts, and New York are the highest in the U.S. The lowest average equity analyst salary states are South Dakota, Tennessee, and Arkansas.
- State view
- County view
Highest paying states for equity analysts
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $125,368 | $60.27 |
| 2 | Massachusetts | $119,683 | $57.54 |
| 3 | New York | $111,626 | $53.67 |
| 4 | Washington | $110,692 | $53.22 |
| 5 | Rhode Island | $107,781 | $51.82 |
| 6 | Virginia | $101,875 | $48.98 |
| 7 | Minnesota | $101,777 | $48.93 |
| 8 | Pennsylvania | $106,494 | $51.20 |
| 9 | Nevada | $110,757 | $53.25 |
| 10 | District of Columbia | $103,603 | $49.81 |
| 11 | Connecticut | $100,438 | $48.29 |
| 12 | North Carolina | $99,182 | $47.68 |
| 13 | Illinois | $92,018 | $44.24 |
| 14 | Vermont | $93,740 | $45.07 |
| 15 | New Hampshire | $96,229 | $46.26 |
| 16 | Delaware | $90,126 | $43.33 |
| 17 | New Jersey | $94,131 | $45.26 |
| 18 | West Virginia | $95,071 | $45.71 |
| 19 | Michigan | $85,976 | $41.33 |
| 20 | Arizona | $86,702 | $41.68 |
| 21 | Indiana | $91,323 | $43.91 |
| 22 | South Carolina | $94,595 | $45.48 |
| 23 | Maryland | $89,025 | $42.80 |
| 24 | New Mexico | $92,384 | $44.42 |
| 25 | Ohio | $87,966 | $42.29 |
| 26 | Wisconsin | $82,118 | $39.48 |
| 27 | Oregon | $88,730 | $42.66 |
| 28 | North Dakota | $76,938 | $36.99 |
| 29 | Maine | $86,235 | $41.46 |
| 30 | Florida | $83,517 | $40.15 |
| 31 | Iowa | $84,469 | $40.61 |
| 32 | Georgia | $82,361 | $39.60 |
| 33 | Wyoming | $78,552 | $37.77 |
| 34 | Texas | $78,345 | $37.67 |
| 35 | Idaho | $80,397 | $38.65 |
| 36 | Alabama | $79,036 | $38.00 |
| 37 | Hawaii | $77,131 | $37.08 |
| 38 | Kentucky | $79,423 | $38.18 |
| 39 | Missouri | $77,723 | $37.37 |
| 40 | Oklahoma | $70,784 | $34.03 |
| 41 | Kansas | $70,061 | $33.68 |
| 42 | South Dakota | $73,659 | $35.41 |
| 43 | Utah | $77,310 | $37.17 |
| 44 | Alaska | $74,480 | $35.81 |
| 45 | Colorado | $70,639 | $33.96 |
| 46 | Arkansas | $71,100 | $34.18 |
| 47 | Nebraska | $75,224 | $36.17 |
| 48 | Louisiana | $77,031 | $37.03 |
| 49 | Montana | $74,661 | $35.89 |
| 50 | Tennessee | $73,081 | $35.14 |
| 51 | Mississippi | $74,010 | $35.58 |
Highest paying cities for equity analysts
The highest-paying cities for equity analysts are Santa Rosa, CA, Boston, MA, and Seattle, WA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Santa Rosa, CA | $135,615 | $65.20 |
| 2 | Boston, MA | $119,723 | $57.56 |
| 3 | Seattle, WA | $112,072 | $53.88 |
| 4 | New York, NY | $111,812 | $53.76 |
| 5 | Philadelphia, PA | $107,035 | $51.46 |
| 6 | Arlington, VA | $103,762 | $49.89 |
| 7 | Washington, DC | $103,666 | $49.84 |
| 8 | Minneapolis, MN | $101,739 | $48.91 |
| 9 | Stamford, CT | $100,480 | $48.31 |
| 10 | Charlotte, NC | $96,836 | $46.56 |
| 11 | Jersey City, NJ | $94,367 | $45.37 |
| 12 | Chicago, IL | $92,712 | $44.57 |
| 13 | Eugene, OR | $90,375 | $43.45 |
| 14 | Wilmington, DE | $90,343 | $43.43 |
| 15 | Santa Fe, NM | $90,019 | $43.28 |
| 16 | Baltimore, MD | $89,318 | $42.94 |
| 17 | Cedar Rapids, IA | $85,826 | $41.26 |
| 18 | Tampa, FL | $84,465 | $40.61 |
| 19 | Marietta, GA | $81,911 | $39.38 |
| 20 | San Antonio, TX | $79,532 | $38.24 |
Equity analyst salary details
An equity analyst's salary ranges from $68,000 a year at the 10th percentile to $157,000 at the 90th percentile.
What is an equity analyst's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $157,000 | $13,083 | $75 |
| 75th Percentile | $129,000 | $10,750 | $62 |
| Average | $103,715 | $8,643 | $50 |
| 25th Percentile | $83,000 | $6,917 | $40 |
| 10th Percentile | $68,000 | $5,667 | $33 |
Highest paying equity analyst jobs
The highest paying types of equity analysts are investment associate, investment advisor, and senior finance analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Investment Advisor | $105,377 | $8,781 | $50.66 | 63,438 |
| Finance Analyst-Operations Finance | $67,736 | $5,645 | $32.57 | 144,067 |
| Financial Analyst Internship | $38,827 | $3,236 | $18.67 | 104,448 |
| Analyst Internship | $38,569 | $3,214 | $18.54 | 103,723 |
| Investment Banking Analyst | $60,598 | $5,050 | $29.13 | 52,791 |
| Corporate Finance Analyst | $76,023 | $6,335 | $36.55 | 114,375 |
Top companies hiring equity analysts now:
Which companies pay equity analysts the most?
Equity analyst salaries at The Citadel and MacArthur Foundation are the highest-paying according to our most recent salary estimates. In addition, the average equity analyst salary at companies like McKinsey & Company Inc and Cerberus Capital Management are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | The Citadel | $173,412 | $83.37 |
| 2 | MacArthur Foundation | $143,318 | $68.90 |
| 3 | McKinsey & Company Inc | $142,440 | $68.48 |
| 4 | Cerberus Capital Management | $136,627 | $65.69 |
| 5 | Partners Group LTD | $134,144 | $64.49 |
| 6 | Deerfield Management | $133,028 | $63.96 |
| 7 | PitchBook Data | $129,469 | $62.24 |
| 8 | Bain & Company | $128,097 | $61.59 |
| 9 | The Buckingham Research Group | $124,327 | $59.77 |
| 10 | Rpp | $123,112 | $59.19 |
| 11 | BMO Capital Markets | $121,525 | $58.43 |
| 12 | Audax | $121,402 | $58.37 |
| 13 | Bloomberg | $120,834 | $58.09 |
| 14 | XP Securities | $119,687 | $57.54 |
| 15 | Rbc Holding Co Ltd | $119,613 | $57.51 |
| 16 | The Carlyle Group | $119,477 | $57.44 |
| 17 | OrbiMed | $119,249 | $57.33 |
| 18 | PanAgora | $119,071 | $57.25 |
| 19 | Tullett Prebon | $118,714 | $57.07 |
| 20 | GFI Group | $118,209 | $56.83 |
Wage gap by gender, race and education
Equity analyst salary trends
The average equity analyst salary has risen by $15,928 over the last ten years. In 2014, the average equity analyst earned $87,787 annually, but today, they earn $103,715 a year. That works out to a 9% change in pay for equity analysts over the last decade.
Compare equity analyst salaries for cities or states with the national average over time.
Average equity analyst salary over time
Compare equity analyst salaries for individual cities or states with the national average.
Equity analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $104,000 | $49.86 | +2.6% |
| 2025 | $101,000 | $48.59 | +1.6% |
| 2024 | $99,400 | $47.79 | +1.6% |
| 2023 | $97,800 | $47.03 | +3.0% |
| 2022 | $94,900 | $45.61 | +1.8% |
Recently added equity analyst salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| New York Life | Private Equity Primaries Analyst | Richmond, VA | 06/26/2025 | $80,000 |
| Jpmorgan Chase & Co | Analyst-Equity Derivative Middle Office | New York, NY | 06/25/2025 | $60,406 |
| Graham Capital Management | Fundamental Equity L/S Analyst | New York, NY | 06/17/2025 | $125,000 |
| Verition Group LLC | US L/S Equity Analyst-Healthcare (Services) | San Diego, CA | 06/14/2025 | $150,000 |
| Verition Group LLC | US L/S Equity Analyst-Industrials | New York, NY | 06/14/2025 | $150,000 |
| Morgan Stanley | Msim-Growth Equity-Analyst | San Francisco, CA | 06/10/2025 | $100,000 |
| Morgan Stanley | Emerging Markets Equity Analyst | New York, NY | 06/09/2025 | $95,000 |
| Stepstone Realty | Analyst-Private Equity | New York, NY | 06/09/2025 | $105,000 |
| Guidepoint | Senior Equity Analyst, Technology | New York, NY | 06/09/2025 | $150,000 |
| Make An Impact With Optiver | Equity Analyst-Financials Sector | Chicago, IL | 06/09/2025 | $175,000 |
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