Obesity is a state of abnormal or excessive fat accumulation. Obesity in horses increases the risk of developing a variety of health issues such as: insulin dysregulation (ID), reduced athleticism, colic, abnormal reproductive performance, laminitis, endotoxaemia, diabetes mellitus, hyperlipaemia, impaired thermoregulation, pituitary pars intermedia dysfunction, and osteochondrosis. Obesity is a significant health and welfare issue in horses that may go unreported or unnoticed due to a caregiver’s (owner) neglect. Weight gain occurs when a horse’s energy consumption exceeds his or her physical energy needs. Obesity is best assessed via necropsy or upon in vivo assessment with deuterium oxide administration, although this is not feasible in a clinical environment. In practice, obesity is assessed by: body condition scoring, cresty neck scoring, ultrasono graphic assessment, morphometric measurements, or biochemical indicators in the blood. Dietary and exercise programs are the primary means of controlling equine obesity. Pharmacologic assistance (levothyroxine sodium and metformin hydrochloride), being a secondary approach, may be effective in some cases. Management involves a long-term plan that requires the horse’s caregiver’s effort and discipline, as well as the support and supervision of their veterinarian. This paper outlines the assessment, health consequences, and management of equine obesity.