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Equitable Holdings EQH Gross Legacy — Market Risk Benefit, Benefit Payment

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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:MarketRiskBenefitBenefitPayment.

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
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)
Issuances(2)
Balance EOP before changes in the instrument-specific credit risk3226,935(4,705)2,2303858,486(5,531)2,955

Item 1. Consolidated Financial Statements

FAQ

What is Equitable Holdings's gross legacy — market risk benefit, benefit payment?
Equitable Holdings (EQH) reported gross legacy — market risk benefit, benefit payment of -$263M in Q2 2026.
How has Equitable Holdings's gross legacy — market risk benefit, benefit payment changed year-over-year?
Equitable Holdings's gross legacy — market risk benefit, benefit payment increased by 7.7% year-over-year, from -$285M to -$263M.
What is the long-term trend for Equitable Holdings's gross legacy — market risk benefit, benefit payment?
Over 4 years (2021 to 2025), Equitable Holdings's gross legacy — market risk benefit, benefit payment has grown at a 4.3% compound annual growth rate (CAGR), from -$902M to -$1.07B.
What does gross legacy — market risk benefit, benefit payment mean?
Represents the actual cash outflows paid to policyholders for claims related to market risk benefits. This metric tracks the realization of the risk exposure as policyholders exercise their guarantees. It is a direct measure of the cash impact of the legacy portfolio.

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