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Equitable Holdings EQH Term — Capitalization

Other product segments

SCS
$190M+12.4%
VUL
$27M-27.0%
IE
$23M+15.0%
EG
$15M-6.3%
UL
$4M+100%
EI
$2M0.0%
IUL
$2M-33.3%
Momentum
$2M0.0%
GMxB Core
$1M0.0%
CB
$0
GMxB Legacy
$0

Similar metrics at other companies

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PRUTerm Life Insurance — Capitalization
$52M+6.1%
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BHFTerm and Whole Life Insurance — Capitalization
-$1M
Prudential Financial logo
PRUAnnuities — Capitalization
$1M0.0%
Aflac logo
AFLAccident — Capitalization
$32M0.0%
Aflac logo
AFLCancer — Capitalization
$88M+12.8%
Aflac logo
AFLDisability — Capitalization
$28M-6.7%

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:DeferredPolicyAcquisitionCostsAdditions.

The source filing: Equitable Holdings’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001333986-26-000025
Line itemThree Months Ended March 31, 2026 / Retirement / GMx B CoreThree Months Ended March 31, 2026 / Retirement / EIThree Months Ended March 31, 2026 / Retirement / IEThree Months Ended March 31, 2026 / Retirement / SCSThree Months Ended March 31, 2026 / Retirement / EGThree Months Ended March 31, 2026 / Retirement / MomentumThree Months Ended March 31, 2026 / Corporate and Other / TermThree Months Ended March 31, 2026 / Corporate and Other / ULThree Months Ended March 31, 2026 / Corporate and Other / VULThree Months Ended March 31, 2026 / Corporate and Other / IULThree Months Ended March 31, 2026 / Corporate and Other / GMx B LegacyCorporate and Other / CB (1)Total
(in millions)
Balance, beginning of period$1,587$153$273$2,274$789$79$288$167$1,143$181$472$98$7,504
Capitalization38318183153223015300
Amortization(41)(3)(6)(95)(12)(4)(8)(3)(17)(3)(15)(2)(209)
Recovery of acquisition costs (2)(19)(9)(1)(3)(32)
Balance, end of period$1,584$153$285$2,343$792$78$273$165$1,153$179$462$96$7,563

Item 1. Consolidated Financial Statements

FAQ

What is Equitable Holdings's term — capitalization?
Equitable Holdings (EQH) reported term — capitalization of $2M in Q1 2026.
How has Equitable Holdings's term — capitalization changed year-over-year?
Equitable Holdings's term — capitalization decreased by 0.0% year-over-year, from $2M to $2M.
What is the long-term trend for Equitable Holdings's term — capitalization?
Over 4 years (2021 to 2025), Equitable Holdings's term — capitalization has grown at a -21.2% compound annual growth rate (CAGR), from $26M to $10M.
What does term — capitalization mean?
This metric tracks the total capital allocated or invested specifically into the Term insurance segment to support its operational and regulatory requirements. It reflects the financial resources dedicated to maintaining the segment's solvency and underwriting capacity.

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