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Equitable Holdings EQH Gross Legacy — Interest accrual

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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:MarketRiskBenefitInterestExpense.

The source filing: Equitable Holdings’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 2:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001333986-26-000040
Line itemThree Months Ended June 30, 2026 / Retirement / GMx B CoreThree Months Ended June 30, 2026 / Corporate and Other / GMx B LegacyThree Months Ended June 30, 2026 / Corporate and Other / Legacy Purchased MRBThree Months Ended June 30, 2026 / Corporate and Other / Net LegacyThree Months Ended June 30, 2025 / Retirement / GMx B CoreThree Months Ended June 30, 2025 / Corporate and Other / GMx B LegacyThree Months Ended June 30, 2025 / Corporate and Other / Legacy Purchased MRBThree Months Ended June 30, 2025 / Corporate and Other / Net Legacy
Balance BOP before changes in the instrument specific credit risk5768,061(5,256)2,8054959,336(5,957)3,379
Model changes and effect of changes in cash flow assumptions16(7)8513
Actual market movement effect(339)(1,018)445(573)(173)(620)264(356)
Interest accrual1466(43)231096(58)38
Attributed fees accrued (1)110150(37)113109161(39)122
Benefit payments(12)(263)116(147)(12)(285)128(157)
Actual policyholder behavior different from expected behavior617(6)11722(14)8
Changes in future economic assumptions(49)(78)76(2)(42)(232)140(92)

Item 1. Consolidated Financial Statements

FAQ

What is Equitable Holdings's gross legacy — interest accrual?
Equitable Holdings (EQH) reported gross legacy — interest accrual of $66M in Q2 2026.
How has Equitable Holdings's gross legacy — interest accrual changed year-over-year?
Equitable Holdings's gross legacy — interest accrual decreased by 31.3% year-over-year, from $96M to $66M.
What is the long-term trend for Equitable Holdings's gross legacy — interest accrual?
Over 4 years (2021 to 2025), Equitable Holdings's gross legacy — interest accrual has grown at a 16.7% compound annual growth rate (CAGR), from $197M to $365M.
What does gross legacy — interest accrual mean?
Represents the periodic interest expense accrued on the market risk benefit liability balance. This reflects the time value of money applied to the outstanding liability over the reporting period. It is a predictable, recurring component of the liability's growth.

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