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Equitable Holdings EQH Retirement — Policyholders’ benefits and interest credited

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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 eqh:SupplementaryInsuranceInformationPolicyholdersBenefitAndInterestCredited.

The source filing: Equitable Holdings’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 3:26 PM EST
Fiscal year
FY2025
Accession
0001333986-26-000012
Line itemRetirementAsset ManagementWealth ManagementCorporate and OtherElim-inationsTotal
Policyholders’ account balances118,53714,896133,433
Future policy benefits and other policyholders’ liabilities5,31812,34217,660
Policy charges and premium revenue1,2171,9973,214
Net derivative gains (losses)(2,268)(29)22319(2,055)
Net investment income (loss)4,29420127851235,234
Policyholders’ benefits and interest credited2,8962,5155,411
Amortization of deferred policy acquisition costs591198789
All other operating expenses (1)7893,4931,6831,644(951)6,658

Item 8. Financial Statements and Supplementary Data

FAQ

What is Equitable Holdings's retirement — policyholders’ benefits and interest credited?
Equitable Holdings (EQH) reported retirement — policyholders’ benefits and interest credited of $2.9B in Q4 2025.
What does retirement — policyholders’ benefits and interest credited mean?
This metric represents the aggregate cost of policyholder obligations, including both direct benefit payments and the interest credited to account balances for retirement products. It reflects the company's primary liability-related outflows associated with managing long-term retirement savings and annuity contracts. Monitoring this figure helps assess the cost of servicing the retirement product portfolio and the impact of interest rate environments on policyholder liabilities.

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