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Equitable Holdings EQH Policy liabilities

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Segments

By segment

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Retirement$118.54B
Asset Management$0
Wealth Management$0

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:PolicyholderContractDeposits.

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 itemJune 30, 2026December 31, 2025
Separate Accounts assets143,006136,544
Total Assets$334,657$317,990
LIABILITIES
Policyholders’ account balances$146,445$133,433
Liability for market risk benefits8,81610,153
Future policy benefits and other policyholders’ liabilities17,37217,660
Broker-dealer related payables7981,370
Customer related payables2,0511,937

Item 1. Consolidated Financial Statements

FAQ

What is Equitable Holdings's policy liabilities?
Equitable Holdings (EQH) reported policy liabilities of $146.45B in Q2 2026.
How has Equitable Holdings's policy liabilities changed year-over-year?
Equitable Holdings's policy liabilities increased by 18.7% year-over-year, from $123.36B to $146.45B.
What is the long-term trend for Equitable Holdings's policy liabilities?
Over 5 years (2020 to 2025), Equitable Holdings's policy liabilities has grown at a 14.8% compound annual growth rate (CAGR), from $66.82B to $133.43B.
What does policy liabilities mean?
Funds held by the company on behalf of policyholders that are not classified as traditional insurance reserves. These represent liabilities for investment-type contracts where the company acts as a custodian or manager of policyholder capital.

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