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Equitable Holdings EQH Group Pension — Effect of changes in discount rate assumptions

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Term
-$15M

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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:AociLiabilityForFuturePolicyBenefitExpectedNetPremiumBeforeTax.

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 itemSix Months Ended June 30, 2026 / Retirement / PayoutSix Months Ended June 30, 2026 / Corporate & Other / TermSix Months Ended June 30, 2026 / Corporate & Other / Group PensionSix Months Ended June 30, 2026 / Corporate & Other / HealthSix Months Ended June 30, 2025 / Retirement / PayoutSix Months Ended June 30, 2025 / Corporate & Other / TermSix Months Ended June 30, 2025 / Corporate & Other / Group PensionSix Months Ended June 30, 2025 / Corporate & Other / Health
Interest accrual4347(1)
Net premiums collected(81)2(90)3
Ending Balance at original discount rate1,725(23)1,882(26)
Effect of changes in discount rate assumptions(15)11
Balance, end of period$1,710$(22)$1,882$(25)
Present Value of Expected Future Policy Benefits
Balance, beginning of period$5,243$3,058$432$1,293$5,050$3,216$460$1,337
Beginning balance of original discount rate5,4022,9914721,4585,3903,2155141,555

Item 1. Consolidated Financial Statements

FAQ

What is Equitable Holdings's group pension — effect of changes in discount rate assumptions?
Equitable Holdings (EQH) reported group pension — effect of changes in discount rate assumptions of $0 in Q2 2026.
What does group pension — effect of changes in discount rate assumptions mean?
This metric quantifies the impact on the valuation of pension liabilities resulting from changes in the discount rate used for financial reporting. It isolates the sensitivity of the balance sheet to external interest rate environments.

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