All/other things being equal
Definition 1 of 1
Pro Tip 1/3Hypothetical Outcome
Indicates an expected result under stable, unchanged conditions. It’s not a guarantee. 
All things being equal, sales should increase next quarter.
Pro Tip 2/3Comparison Basis
Used when comparing two or more subjects to suggest that one variable is the focus. 
All things being equal, electric cars run cheaper than gasoline cars.
Pro Tip 3/3Not Literal
It is a theoretical phrase and not to be taken as actual equality in every aspect. 
All things being equal, the two job candidates have similar skills.