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Equitable Holdings EQH Legacy And Individual Retirement — Net Direct MRB

Discontinued — last reported Q2 '23

Similar metrics at other companies

Prudential Financial logo
PRURetirement — Less: Reinsured MRBs
$0
Prudential Financial logo
PRUIndividual Fixed — Net liability
$195M
Prudential Financial logo
PRUTotal — Less: Reinsured MRBs
$870M+18.4%
Corebridge Financial logo
CRBGGroup Retirement — MRB in an asset position
Corebridge Financial logo
CRBGIndividual Retirement — Reinsured MRB
Corebridge Financial logo
CRBGIndividual Retirement — MRB in an asset position

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 eqh:MarketRiskBenefitNetDirect.

The official record: Equitable Holdings’s 10-Q, filed August 9, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Equitable Holdings's legacy and individual retirement — net direct MRB?
Equitable Holdings (EQH) reported legacy and individual retirement — net direct MRB of $12.87B in Q2 2023.
What does legacy and individual retirement — net direct MRB mean?
The net liability for market risk benefits after accounting for hedging and risk mitigation efforts.
How do you interpret legacy and individual retirement — net direct MRB?
A lower net value indicates effective risk mitigation and lower residual exposure to market volatility for the company.
How does legacy and individual retirement — net direct MRB compare across companies?
Comparable to 'Net MRB exposure' or 'Hedged guarantee liability' at other financial services firms with significant annuity portfolios.