Equitable Holdings (EQH) Asset Management — Future policy benefits and other policyholders’ liabilities

Screener

Other segment segments

Retirement

$5.32B—

Wealth Management

$0—

Similar metrics at other companies

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CRBGGroup Retirement — Future Policy Benefits

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CRBGInstitutional Markets — Future Policy Benefits

$25.83B+22.6%

Other financials

Income statement

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Revenue$1.7B-29.8%

Net income-$453.0M-29.8%

EPS (diluted)-$1.68-38.8%

Balance sheet

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Cash & equivalents$17.2B+14.9%

Total debt$3.8B-11.4%

Total equity-$785.0M-168%

Total assets$334.66B+10.4%

Cash flow

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Operating cash flow$643.0M+88.6%

Valuation

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Market cap$14B-9.3%

Enterprise value$658.75M-86.3%

P/S1.3×+0.2×

Profitability

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Net margin-5.9%—

Returns & leverage

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Return on equity-42%—

Debt / equity14.1×+12.3×

Where this comes from

Reported directly by Equitable Holdings in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationLiabilityForFuturePolicyBenefitsLossesClaimsAndLossExpenseReserves.

The source filing: Equitable Holdings’s 10-K, filed February 25, 2026.

Filed: Feb 25, 2026, 3:26 PM EST
Fiscal year: FY2025
Accession: 0001333986-26-000012

Line item	Retirement	Asset Management	Wealth Management	Corporate and Other	Elim-inations	Total
Deferred policy acquisition costs	$5,163	—	—	$2,360	—	$7,523
Policyholders’ account balances	118,537	—	—	14,896	—	133,433
Future policy benefits and other policyholders’ liabilities	5,318	—	—	12,342	—	17,660
Policy charges and premium revenue	1,217	—	—	1,997	—	3,214
Net derivative gains (losses)	(2,268)	(29)	—	223	19	(2,055)
Net investment income (loss)	4,294	20	12	785	123	5,234
Policyholders’ benefits and interest credited	2,896	—	—	2,515	—	5,411
Amortization of deferred policy acquisition costs	591	—	—	198	—	789

Item 8. Financial Statements and Supplementary Data

FAQ

What is Equitable Holdings's asset management — future policy benefits and other policyholders’ liabilities?: Equitable Holdings (EQH) reported asset management — future policy benefits and other policyholders’ liabilities of $0 in Q4 2025.
What does asset management — future policy benefits and other policyholders’ liabilities mean?: This represents the estimated present value of future obligations to policyholders, beyond current account balances, based on actuarial assumptions. It accounts for long-term guarantees and benefits promised under the segment's insurance and investment contracts. Monitoring this is essential for assessing the segment's long-term solvency and risk exposure.