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

Other segment segments

Retirement
$5.32B
Wealth Management
$0

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PRUInvestment Management1 — Supplementary Insurance Information Other Policy Claims And Benefits Payable
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PFGSegment Principal Asset Management — Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense
$4.6B+11.5%

Other financials

Income statement

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Revenue$4.2B-7.6%
Net income$621.0M+886%
EPS (diluted)$2.14+1,238%

Balance sheet

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Cash & equivalents$9.9B+21.3%
Total debt$3.8B-11.4%
Total equity$273.0M-88.6%
Total assets$310.38B+8.0%

Cash flow

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Operating cash flow$499.0M+216%

Valuation

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Market cap$12.75B-34.9%
Enterprise value$6.68B-64.1%
P/S1.1×-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 official record: Equitable Holdings’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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?
The estimated future payouts the segment must make to its policyholders.
How do you interpret asset management — future policy benefits and other policyholders’ liabilities?
Increases may signal higher future liabilities due to product growth or changes in actuarial assumptions.
How does asset management — future policy benefits and other policyholders’ liabilities compare across companies?
Standard actuarial liability metric for insurance and retirement services providers.