How do you interpret wealth management — policyholders’ account balances?

An increase indicates growth in the underlying book of business and potential for future fee income.

How does wealth management — policyholders’ account balances compare across companies?

Commonly referred to as 'Policy Liabilities' or 'Account Values' in the insurance industry.

Equitable Holdings EQH Wealth Management — Policyholders’ account balances

Other segment segments

Retirement

$118.54B—

Asset Management

$0—

Similar metrics at other companies

CBInsurance, Other — Policyholders' account balances

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AMPOther Life Insurance — Policyholder account balances

$268M-7.9%

AMPOther Life Insurance, Netting — Policyholder account balances

$437M-6.0%

PRUGroup Insurance — Policyholders’ account balances

$2.37B+0.2%

RGALife Insurance Product Line — Policyholder Account Balance

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CRBGLife Insurance — Policyholder account balance

——

Other financials

Income statement

See full

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

See full

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

See full

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:PolicyholderContractDeposits.

The official record: Equitable Holdings’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Equitable Holdings's wealth management — policyholders’ account balances?: Equitable Holdings (EQH) reported wealth management — policyholders’ account balances of $0 in Q4 2025.
What does wealth management — policyholders’ account balances mean?: The total amount of money the company owes to its annuity and insurance policyholders.
How do you interpret wealth management — policyholders’ account balances?: An increase indicates growth in the underlying book of business and potential for future fee income.
How does wealth management — policyholders’ account balances compare across companies?: Commonly referred to as 'Policy Liabilities' or 'Account Values' in the insurance industry.