Annual Income Statements for Prudential Financial
This table shows Prudential Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Prudential Financial
This table shows Prudential Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
-52 |
1,462 |
511 |
-802 |
1,317 |
1,138 |
1,198 |
448 |
-57 |
707 |
533 |
Consolidated Net Income / (Loss) |
|
-44 |
1,477 |
496 |
-791 |
1,326 |
1,151 |
1,171 |
451 |
73 |
742 |
566 |
Net Income / (Loss) Continuing Operations |
|
-112 |
1,465 |
498 |
-807 |
1,303 |
1,101 |
1,171 |
413 |
181 |
713 |
545 |
Total Pre-Tax Income |
|
-40 |
1,847 |
621 |
-1,058 |
1,662 |
1,390 |
1,415 |
553 |
-149 |
920 |
740 |
Total Revenue |
|
13,433 |
17,045 |
13,498 |
8,352 |
15,084 |
23,509 |
14,883 |
19,490 |
12,523 |
13,470 |
13,726 |
Net Interest Income / (Expense) |
|
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
Total Interest Income |
|
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
Total Interest Expense |
|
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
Total Non-Interest Income |
|
13,433 |
17,045 |
13,498 |
8,352 |
15,084 |
23,509 |
14,883 |
19,490 |
12,523 |
13,470 |
13,726 |
Other Service Charges |
|
3,627 |
3,070 |
3,035 |
2,261 |
3,943 |
3,393 |
2,677 |
3,380 |
1,975 |
2,421 |
3,643 |
Net Realized & Unrealized Capital Gains on Investments |
|
3,342 |
4,612 |
3,554 |
1,918 |
4,222 |
4,579 |
4,386 |
3,065 |
4,053 |
4,049 |
3,101 |
Premiums Earned |
|
6,464 |
9,363 |
6,909 |
4,173 |
6,919 |
15,537 |
7,820 |
13,045 |
6,495 |
7,000 |
6,982 |
Total Non-Interest Expense |
|
13,473 |
15,198 |
12,877 |
9,413 |
13,419 |
22,119 |
13,468 |
18,937 |
12,672 |
12,550 |
12,986 |
Property & Liability Insurance Claims |
|
8,729 |
11,285 |
8,810 |
6,035 |
8,784 |
17,877 |
9,966 |
14,890 |
8,968 |
8,965 |
9,319 |
Insurance Policy Acquisition Costs |
|
80 |
319 |
303 |
0.00 |
447 |
290 |
176 |
189 |
43 |
145 |
259 |
Current and Future Benefits |
|
- |
25 |
255 |
-49 |
106 |
-17 |
-176 |
180 |
-24 |
-50 |
-175 |
Other Operating Expenses |
|
2,731 |
3,204 |
3,143 |
3,066 |
3,538 |
3,594 |
3,127 |
3,311 |
3,310 |
3,083 |
3,176 |
Amortization Expense |
|
341 |
365 |
366 |
361 |
367 |
375 |
375 |
367 |
375 |
407 |
407 |
Income Tax Expense |
|
-5.00 |
382 |
123 |
-251 |
359 |
289 |
264 |
140 |
-186 |
207 |
195 |
Other Adjustments to Consolidated Net Income / (Loss) |
|
- |
12 |
-2.00 |
16 |
23 |
50 |
- |
38 |
- |
29 |
21 |
Net Income / (Loss) Attributable to Noncontrolling Interest |
|
8.00 |
15 |
-15 |
11 |
- |
13 |
-27 |
3.00 |
130 |
35 |
33 |
Weighted Average Basic Shares Outstanding |
|
366M |
365M |
363M |
361M |
359M |
359M |
357M |
356M |
354M |
354M |
352M |
Weighted Average Diluted Shares Outstanding |
|
366M |
365M |
363M |
361M |
359M |
359M |
357M |
356M |
354M |
354M |
352M |
Weighted Average Basic & Diluted Shares Outstanding |
|
366M |
365M |
363M |
361M |
359M |
359M |
357M |
356M |
354M |
354M |
352M |
Cash Dividends to Common per Share |
|
- |
$1.25 |
$1.25 |
$1.25 |
- |
$1.30 |
$1.30 |
$1.30 |
- |
$1.35 |
$1.35 |
Annual Cash Flow Statements for Prudential Financial
This table details how cash moves in and out of Prudential Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
3,479 |
2,694 |
-3,567 |
355 |
959 |
979 |
-2,619 |
-921 |
4,365 |
2,164 |
-943 |
Net Cash From Operating Activities |
|
19,396 |
13,942 |
14,876 |
13,460 |
21,664 |
19,625 |
8,368 |
9,812 |
5,158 |
6,510 |
8,502 |
Net Cash From Continuing Operating Activities |
|
19,396 |
13,942 |
14,876 |
13,460 |
21,664 |
19,625 |
8,368 |
9,812 |
5,158 |
6,510 |
8,502 |
Net Income / (Loss) Continuing Operations |
|
1,438 |
5,712 |
4,419 |
7,974 |
4,088 |
4,238 |
-146 |
8,938 |
-1,675 |
2,508 |
2,846 |
Consolidated Net Income / (Loss) |
|
1,438 |
5,712 |
4,419 |
7,974 |
4,088 |
4,238 |
-146 |
8,938 |
-1,675 |
2,508 |
2,846 |
Depreciation Expense |
|
631 |
113 |
318 |
222 |
161 |
460 |
457 |
206 |
117 |
-70 |
383 |
Non-Cash Adjustments to Reconcile Net Income |
|
5,121 |
-1,905 |
-323 |
578 |
-166 |
1,752 |
5,030 |
-3,056 |
6,910 |
5,030 |
5,685 |
Changes in Operating Assets and Liabilities, net |
|
12,206 |
10,022 |
10,462 |
4,686 |
17,581 |
13,175 |
3,027 |
3,724 |
-194 |
-958 |
-412 |
Net Cash From Investing Activities |
|
-17,088 |
-7,746 |
-21,694 |
-11,957 |
-21,628 |
-17,028 |
-16,210 |
-5,342 |
-7,638 |
-12,122 |
-28,585 |
Net Cash From Continuing Investing Activities |
|
-17,088 |
-7,746 |
-21,694 |
-11,957 |
-21,628 |
-17,028 |
-16,210 |
-5,342 |
-7,638 |
-12,122 |
-28,585 |
Purchase of Investment Securities |
|
-164,283 |
-158,182 |
-161,210 |
-152,747 |
-155,408 |
-135,584 |
-149,309 |
-143,089 |
-124,181 |
-102,625 |
-139,395 |
Divestitures |
|
- |
- |
- |
- |
0.00 |
0.00 |
1,454 |
132 |
422 |
0.00 |
0.00 |
Sale and/or Maturity of Investments |
|
149,050 |
152,218 |
141,398 |
142,719 |
135,750 |
120,487 |
133,601 |
138,831 |
117,369 |
92,047 |
112,411 |
Other Investing Activities, net |
|
-1,855 |
-1,782 |
-1,882 |
-1,929 |
-1,970 |
-1,931 |
-1,956 |
-1,216 |
-1,248 |
-1,544 |
-1,601 |
Net Cash From Financing Activities |
|
1,629 |
-3,571 |
3,201 |
-1,258 |
781 |
-1,634 |
4,883 |
-3,011 |
4,933 |
7,739 |
19,394 |
Net Cash From Continuing Financing Activities |
|
1,629 |
-3,571 |
3,201 |
-1,258 |
781 |
-1,634 |
4,883 |
-3,011 |
4,933 |
7,739 |
19,394 |
Issuance of Debt |
|
8,638 |
2,964 |
3,595 |
2,078 |
4,258 |
3,799 |
3,491 |
310 |
1,302 |
1,920 |
6,743 |
Repayment of Debt |
|
-7,384 |
-4,957 |
-2,753 |
-1,827 |
-1,810 |
-2,067 |
-2,762 |
-1,411 |
-1,398 |
-2,308 |
-2,014 |
Repurchase of Common Equity |
|
-1,000 |
-1,664 |
-2,119 |
-1,250 |
-1,500 |
-2,500 |
-500 |
-2,500 |
-1,488 |
-1,012 |
-1,000 |
Payment of Dividends |
|
-1,027 |
-1,117 |
-1,300 |
-1,296 |
-1,521 |
-1,641 |
-1,766 |
-1,814 |
-1,817 |
-1,846 |
-1,891 |
Other Financing Activities, Net |
|
2,402 |
1,203 |
5,778 |
1,037 |
1,354 |
775 |
6,420 |
2,404 |
8,334 |
10,985 |
17,556 |
Effect of Exchange Rate Changes |
|
-458 |
69 |
50 |
110 |
142 |
16 |
340 |
-309 |
-159 |
37 |
-254 |
Other Net Changes in Cash |
|
- |
- |
- |
- |
- |
0.00 |
0.00 |
-2,071 |
2,071 |
0.00 |
0.00 |
Cash Interest Paid |
|
1,883 |
1,324 |
1,257 |
1,248 |
1,443 |
1,521 |
1,531 |
1,452 |
1,452 |
1,555 |
1,995 |
Cash Income Taxes Paid |
|
109 |
1,083 |
770 |
185 |
760 |
1,348 |
287 |
1,668 |
1,090 |
895 |
756 |
Quarterly Cash Flow Statements for Prudential Financial
This table details how cash moves in and out of Prudential Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Net Change in Cash & Equivalents |
|
-2,853 |
174 |
-2,779 |
2,235 |
2,534 |
-707 |
-1,625 |
3,097 |
-1,708 |
-2,416 |
597 |
Net Cash From Operating Activities |
|
-622 |
1,343 |
1,224 |
2,840 |
1,103 |
5,221 |
-146 |
1,105 |
2,322 |
-2,506 |
1,162 |
Net Cash From Continuing Operating Activities |
|
-622 |
1,343 |
1,224 |
2,840 |
1,103 |
5,221 |
-146 |
1,105 |
2,322 |
-2,506 |
1,162 |
Net Income / (Loss) Continuing Operations |
|
-44 |
1,477 |
496 |
-791 |
1,326 |
1,151 |
1,171 |
451 |
73 |
742 |
566 |
Consolidated Net Income / (Loss) |
|
-44 |
1,477 |
496 |
-791 |
1,326 |
1,151 |
1,171 |
451 |
73 |
742 |
566 |
Depreciation Expense |
|
59 |
41 |
5.00 |
-45 |
-71 |
397 |
-26 |
-41 |
53 |
-161 |
482 |
Non-Cash Adjustments to Reconcile Net Income |
|
1,932 |
15 |
1,250 |
2,968 |
797 |
541 |
870 |
2,465 |
1,809 |
1,655 |
2,543 |
Changes in Operating Assets and Liabilities, net |
|
-2,569 |
-190 |
-527 |
708 |
-949 |
3,132 |
-2,161 |
-1,770 |
387 |
-4,742 |
-2,429 |
Net Cash From Investing Activities |
|
-3,376 |
-3,303 |
-2,840 |
-2,881 |
-3,098 |
-10,244 |
-5,340 |
-5,700 |
-7,301 |
-5,465 |
-5,828 |
Net Cash From Continuing Investing Activities |
|
-3,376 |
-3,303 |
-2,840 |
-2,881 |
-3,098 |
-10,244 |
-5,340 |
-5,700 |
-7,301 |
-5,465 |
-5,828 |
Purchase of Investment Securities |
|
-28,971 |
-23,535 |
-25,033 |
-26,617 |
-27,440 |
-34,028 |
-31,950 |
-31,786 |
-41,691 |
-28,657 |
-28,714 |
Sale and/or Maturity of Investments |
|
25,939 |
20,603 |
22,602 |
24,107 |
24,735 |
24,216 |
26,948 |
26,495 |
34,812 |
23,562 |
23,305 |
Other Investing Activities, net |
|
-344 |
-371 |
-409 |
-371 |
-393 |
-432 |
-338 |
-409 |
-422 |
-370 |
-419 |
Net Cash From Financing Activities |
|
858 |
2,129 |
-1,015 |
2,353 |
4,272 |
4,543 |
4,002 |
7,429 |
3,420 |
5,499 |
5,149 |
Net Cash From Continuing Financing Activities |
|
858 |
2,129 |
-1,015 |
2,353 |
4,272 |
4,543 |
4,002 |
7,429 |
3,420 |
5,499 |
5,149 |
Issuance of Debt |
|
-849 |
495 |
-1,314 |
813 |
1,926 |
1,675 |
614 |
2,694 |
1,760 |
1,753 |
460 |
Repayment of Debt |
|
-217 |
-45 |
-1,577 |
-365 |
-321 |
-540 |
-211 |
-454 |
-809 |
-191 |
-1,003 |
Repurchase of Common Equity |
|
-375 |
-251 |
-253 |
-250 |
-258 |
-242 |
-251 |
-253 |
-254 |
-246 |
-250 |
Payment of Dividends |
|
-446 |
-473 |
-460 |
-458 |
-455 |
-483 |
-472 |
-469 |
-467 |
-491 |
-481 |
Other Financing Activities, Net |
|
2,745 |
2,403 |
2,589 |
2,613 |
3,380 |
4,133 |
4,322 |
5,911 |
3,190 |
4,674 |
6,423 |
Effect of Exchange Rate Changes |
|
287 |
5.00 |
-148 |
-77 |
257 |
-227 |
-141 |
263 |
-149 |
56 |
114 |
Annual Balance Sheets for Prudential Financial
This table presents Prudential Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
766,655 |
757,255 |
783,962 |
832,136 |
815,078 |
896,552 |
940,722 |
937,582 |
689,029 |
721,212 |
735,587 |
Cash and Due from Banks |
|
14,918 |
17,612 |
14,127 |
14,490 |
15,353 |
16,327 |
13,701 |
12,888 |
17,251 |
19,419 |
18,497 |
Trading Account Securities |
|
353,584 |
346,871 |
372,198 |
381,762 |
386,404 |
426,032 |
450,999 |
394,679 |
324,960 |
337,521 |
337,224 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Accrued Investment Income |
|
3,130 |
3,110 |
3,204 |
3,325 |
3,318 |
3,330 |
3,193 |
2,855 |
3,012 |
3,287 |
3,441 |
Mortgage Servicing Rights |
|
46,432 |
50,559 |
- |
- |
- |
- |
65,425 |
- |
- |
- |
62,341 |
Deferred Acquisition Cost |
|
15,971 |
16,718 |
17,661 |
18,992 |
20,058 |
19,912 |
19,027 |
18,192 |
20,546 |
20,856 |
20,448 |
Separate Account Business Assets |
|
296,435 |
285,570 |
287,636 |
306,617 |
279,136 |
312,281 |
327,277 |
246,145 |
197,679 |
198,888 |
193,372 |
Other Assets |
|
36,185 |
36,815 |
89,136 |
106,950 |
110,809 |
118,670 |
61,100 |
262,823 |
125,581 |
141,241 |
100,264 |
Total Liabilities & Shareholders' Equity |
|
766,655 |
757,255 |
783,962 |
832,136 |
815,078 |
896,552 |
940,722 |
937,582 |
689,029 |
721,212 |
735,587 |
Total Liabilities |
|
724,306 |
715,332 |
737,874 |
777,625 |
766,047 |
835,685 |
872,512 |
874,974 |
657,110 |
691,336 |
705,461 |
Short-Term Debt |
|
13,246 |
9,098 |
8,739 |
9,780 |
12,401 |
11,614 |
11,819 |
10,907 |
7,364 |
6,674 |
7,749 |
Long-Term Debt |
|
25,889 |
19,594 |
18,041 |
17,172 |
17,378 |
18,646 |
20,023 |
18,896 |
20,282 |
20,256 |
20,617 |
Future Policy Benefits |
|
217,766 |
224,384 |
240,908 |
257,317 |
273,846 |
293,527 |
306,343 |
290,784 |
261,773 |
273,281 |
268,912 |
Participating Policy Holder Equity |
|
143,811 |
142,362 |
150,916 |
154,600 |
154,448 |
159,098 |
171,206 |
131,364 |
136,318 |
148,493 |
166,972 |
Separate Account Business Liabilities |
|
296,435 |
285,570 |
287,636 |
306,617 |
279,136 |
312,281 |
327,277 |
246,145 |
197,679 |
198,888 |
193,372 |
Other Long-Term Liabilities |
|
27,159 |
34,324 |
31,634 |
32,139 |
28,838 |
36,393 |
35,844 |
176,878 |
33,694 |
43,744 |
47,839 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Redeemable Noncontrolling Interest |
|
- |
- |
- |
- |
- |
- |
- |
- |
371 |
1,766 |
1,939 |
Total Equity & Noncontrolling Interests |
|
42,349 |
41,923 |
46,088 |
54,511 |
49,031 |
63,719 |
68,210 |
62,608 |
31,548 |
28,110 |
28,187 |
Total Preferred & Common Equity |
|
41,770 |
41,890 |
45,863 |
54,236 |
48,617 |
63,115 |
67,425 |
61,876 |
30,593 |
27,820 |
27,872 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
41,770 |
41,890 |
45,863 |
54,236 |
48,617 |
63,115 |
67,425 |
61,876 |
30,593 |
27,820 |
27,872 |
Common Stock |
|
24,571 |
24,488 |
24,612 |
24,775 |
24,834 |
25,538 |
25,590 |
25,738 |
25,753 |
25,752 |
25,907 |
Retained Earnings |
|
14,888 |
18,931 |
21,946 |
28,671 |
30,470 |
32,991 |
30,749 |
36,652 |
31,714 |
32,352 |
33,187 |
Treasury Stock |
|
-13,739 |
-13,814 |
-15,316 |
-16,284 |
-17,593 |
-19,453 |
-19,652 |
-21,838 |
-23,068 |
-23,780 |
-24,511 |
Accumulated Other Comprehensive Income / (Loss) |
|
16,050 |
12,285 |
14,621 |
17,074 |
10,906 |
24,039 |
30,738 |
21,324 |
-3,806 |
-6,504 |
-6,711 |
Noncontrolling Interest |
|
579 |
33 |
225 |
275 |
414 |
604 |
785 |
732 |
955 |
290 |
315 |
Quarterly Balance Sheets for Prudential Financial
This table presents Prudential Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Total Assets |
|
689,029 |
709,269 |
697,304 |
681,254 |
721,212 |
725,823 |
715,196 |
760,294 |
735,587 |
739,262 |
758,952 |
Cash and Due from Banks |
|
17,251 |
17,425 |
14,652 |
16,892 |
19,419 |
18,735 |
17,111 |
20,198 |
18,497 |
16,063 |
16,638 |
Trading Account Securities |
|
324,960 |
338,589 |
331,128 |
312,429 |
337,521 |
339,381 |
331,791 |
363,220 |
337,224 |
341,681 |
354,038 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Accrued Investment Income |
|
3,012 |
3,095 |
3,142 |
3,191 |
3,287 |
3,361 |
3,434 |
3,566 |
3,441 |
3,383 |
3,560 |
Mortgage Servicing Rights |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
62,966 |
Deferred Acquisition Cost |
|
20,546 |
20,741 |
20,320 |
20,394 |
20,856 |
20,613 |
20,564 |
21,182 |
20,448 |
20,790 |
21,222 |
Separate Account Business Assets |
|
197,679 |
202,294 |
200,871 |
190,642 |
198,888 |
200,064 |
196,859 |
200,550 |
193,372 |
188,191 |
194,761 |
Other Assets |
|
125,581 |
127,125 |
127,191 |
137,706 |
141,241 |
143,669 |
145,437 |
151,578 |
162,605 |
169,154 |
105,767 |
Total Liabilities & Shareholders' Equity |
|
689,029 |
709,269 |
697,304 |
681,254 |
721,212 |
725,823 |
715,196 |
760,294 |
735,587 |
739,262 |
758,952 |
Total Liabilities |
|
657,110 |
676,822 |
667,849 |
654,307 |
691,336 |
696,409 |
685,091 |
727,719 |
705,461 |
707,040 |
725,836 |
Short-Term Debt |
|
7,364 |
7,322 |
6,860 |
6,162 |
6,674 |
7,148 |
7,517 |
8,405 |
7,749 |
8,955 |
9,578 |
Long-Term Debt |
|
20,282 |
20,866 |
19,278 |
19,668 |
20,256 |
20,500 |
20,527 |
19,076 |
20,617 |
20,983 |
20,409 |
Future Policy Benefits |
|
261,773 |
273,586 |
268,649 |
253,551 |
273,281 |
272,790 |
262,330 |
285,474 |
268,912 |
269,969 |
270,133 |
Participating Policy Holder Equity |
|
136,318 |
139,626 |
139,801 |
141,445 |
148,493 |
152,921 |
155,737 |
166,177 |
166,972 |
171,194 |
181,888 |
Separate Account Business Liabilities |
|
197,679 |
202,294 |
200,871 |
190,642 |
198,888 |
200,064 |
196,859 |
200,550 |
193,372 |
188,191 |
194,761 |
Other Long-Term Liabilities |
|
33,694 |
33,128 |
32,390 |
42,839 |
43,744 |
42,986 |
42,121 |
48,037 |
47,839 |
47,748 |
49,067 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Redeemable Noncontrolling Interest |
|
371 |
- |
- |
- |
1,766 |
544 |
545 |
560 |
1,939 |
2,019 |
2,213 |
Total Equity & Noncontrolling Interests |
|
31,548 |
32,447 |
29,455 |
26,947 |
28,110 |
28,870 |
29,560 |
32,015 |
28,187 |
30,203 |
30,903 |
Total Preferred & Common Equity |
|
30,593 |
31,385 |
28,434 |
25,814 |
27,820 |
27,209 |
28,013 |
30,416 |
27,872 |
29,883 |
30,582 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
30,593 |
31,385 |
28,434 |
25,814 |
27,820 |
27,209 |
28,013 |
30,416 |
27,872 |
29,883 |
30,582 |
Common Stock |
|
25,753 |
25,649 |
25,682 |
25,720 |
25,752 |
25,747 |
25,808 |
25,856 |
25,907 |
25,877 |
25,933 |
Retained Earnings |
|
31,714 |
32,708 |
32,756 |
31,493 |
32,352 |
33,014 |
33,737 |
33,714 |
33,187 |
33,408 |
33,456 |
Treasury Stock |
|
-23,068 |
-23,147 |
-23,355 |
-23,568 |
-23,780 |
-23,891 |
-24,088 |
-24,310 |
-24,511 |
-24,661 |
-24,886 |
Accumulated Other Comprehensive Income / (Loss) |
|
-3,806 |
-3,825 |
-6,649 |
-7,831 |
-6,504 |
-7,661 |
-7,444 |
-4,844 |
-6,711 |
-4,741 |
-3,921 |
Noncontrolling Interest |
|
955 |
1,062 |
1,021 |
1,133 |
290 |
1,661 |
1,547 |
1,599 |
315 |
320 |
321 |
Annual Metrics And Ratios for Prudential Financial
This table displays calculated financial ratios and metrics derived from Prudential Financial's official financial filings.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
30.50% |
5.57% |
2.91% |
1.55% |
5.53% |
2.88% |
-12.00% |
24.92% |
-20.16% |
-5.10% |
30.43% |
EBITDA Growth |
|
287.75% |
229.79% |
-23.59% |
11.39% |
-25.55% |
11.01% |
-97.58% |
8,139.55% |
-116.08% |
269.13% |
19.65% |
EBIT Growth |
|
204.45% |
341.67% |
-26.57% |
13.71% |
-25.48% |
5.19% |
-106.35% |
3,454.49% |
-117.46% |
262.37% |
4.46% |
NOPAT Growth |
|
219.61% |
304.04% |
-23.29% |
81.35% |
-49.38% |
3.14% |
-105.46% |
4,009.77% |
-114.98% |
285.67% |
9.88% |
Net Income Growth |
|
356.79% |
297.22% |
-22.64% |
80.45% |
-48.73% |
3.67% |
-103.45% |
6,221.92% |
-118.74% |
249.73% |
13.48% |
EPS Growth |
|
308.39% |
276.78% |
-20.21% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Cash Flow Growth |
|
129.67% |
-28.12% |
6.70% |
-9.52% |
60.95% |
-9.41% |
-57.36% |
17.26% |
-47.43% |
26.21% |
30.60% |
Free Cash Flow Firm Growth |
|
-788.82% |
344.66% |
-87.22% |
-131.65% |
1,094.78% |
-222.72% |
-11.89% |
280.10% |
91.26% |
-83.45% |
-80.53% |
Invested Capital Growth |
|
11.16% |
-13.34% |
3.19% |
11.80% |
-3.26% |
15.63% |
9.79% |
-7.64% |
-35.54% |
-4.63% |
2.97% |
Revenue Q/Q Growth |
|
11.97% |
-2.51% |
-2.01% |
5.69% |
3.56% |
1.24% |
-5.30% |
1.00% |
-5.49% |
3.16% |
-3.51% |
EBITDA Q/Q Growth |
|
-24.22% |
43.86% |
-9.02% |
14.20% |
2.08% |
5.38% |
-80.21% |
22.83% |
-252.10% |
110.37% |
-32.00% |
EBIT Q/Q Growth |
|
-33.04% |
50.10% |
-8.44% |
14.05% |
-1.29% |
6.07% |
-366.94% |
21.84% |
-291.11% |
124.73% |
-36.11% |
NOPAT Q/Q Growth |
|
-42.14% |
62.40% |
-9.35% |
82.90% |
-43.10% |
7.48% |
-111.31% |
18.23% |
-271.33% |
119.36% |
-31.91% |
Net Income Q/Q Growth |
|
-41.47% |
62.04% |
-9.19% |
81.14% |
-42.46% |
7.32% |
-386.67% |
18.01% |
-321.85% |
120.39% |
-30.57% |
EPS Q/Q Growth |
|
0.00% |
52.32% |
-8.83% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Cash Flow Q/Q Growth |
|
34.84% |
-29.60% |
-22.46% |
104.31% |
44.99% |
-27.41% |
-50.39% |
399.08% |
-43.40% |
36.05% |
16.74% |
Free Cash Flow Firm Q/Q Growth |
|
31.74% |
180.16% |
-23.32% |
-106.99% |
-27.55% |
49.74% |
-209.47% |
13.91% |
-32.27% |
197.17% |
130.69% |
Invested Capital Q/Q Growth |
|
-2.78% |
-13.26% |
-12.70% |
4.14% |
3.60% |
-5.27% |
1.02% |
0.39% |
28.69% |
7.63% |
-2.60% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
4.42% |
13.80% |
10.25% |
11.24% |
7.93% |
8.56% |
0.24% |
15.50% |
-3.12% |
5.56% |
5.10% |
EBIT Margin |
|
3.25% |
13.60% |
9.71% |
10.87% |
7.67% |
7.85% |
-0.57% |
15.21% |
-3.33% |
5.69% |
4.56% |
Profit (Net Income) Margin |
|
2.66% |
10.00% |
7.52% |
13.36% |
6.49% |
6.54% |
-0.26% |
12.55% |
-2.94% |
4.65% |
4.04% |
Tax Burden Percent |
|
81.75% |
73.52% |
77.46% |
122.92% |
84.57% |
83.34% |
45.20% |
82.49% |
88.53% |
81.64% |
88.69% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
19.84% |
26.67% |
23.40% |
-22.17% |
17.00% |
18.62% |
0.00% |
18.41% |
0.00% |
19.95% |
15.80% |
Return on Invested Capital (ROIC) |
|
1.82% |
7.49% |
6.09% |
10.27% |
5.01% |
4.87% |
-0.24% |
9.19% |
-1.74% |
4.23% |
4.69% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
1.90% |
7.54% |
6.27% |
10.45% |
5.27% |
5.22% |
0.03% |
9.50% |
-2.96% |
4.41% |
5.21% |
Return on Net Nonoperating Assets (RNNOA) |
|
1.85% |
6.06% |
3.95% |
5.58% |
2.89% |
2.65% |
0.02% |
4.48% |
-1.80% |
3.89% |
4.80% |
Return on Equity (ROE) |
|
3.68% |
13.56% |
10.04% |
15.85% |
7.90% |
7.52% |
-0.22% |
13.66% |
-3.54% |
8.12% |
9.49% |
Cash Return on Invested Capital (CROIC) |
|
-8.75% |
21.78% |
2.95% |
-0.87% |
8.32% |
-9.63% |
-9.57% |
17.13% |
41.48% |
8.97% |
1.76% |
Operating Return on Assets (OROA) |
|
0.23% |
1.02% |
0.74% |
0.80% |
0.59% |
0.59% |
-0.04% |
1.15% |
-0.23% |
0.44% |
0.44% |
Return on Assets (ROA) |
|
0.19% |
0.75% |
0.57% |
0.99% |
0.50% |
0.50% |
-0.02% |
0.95% |
-0.21% |
0.36% |
0.39% |
Return on Common Equity (ROCE) |
|
3.62% |
13.46% |
10.01% |
15.77% |
7.84% |
7.45% |
-0.22% |
13.51% |
-3.47% |
7.67% |
8.80% |
Return on Equity Simple (ROE_SIMPLE) |
|
3.44% |
13.64% |
9.64% |
14.70% |
8.41% |
6.71% |
-0.22% |
14.45% |
-5.48% |
9.02% |
10.21% |
Net Operating Profit after Tax (NOPAT) |
|
1,410 |
5,697 |
4,370 |
7,925 |
4,012 |
4,138 |
-226 |
8,840 |
-1,324 |
2,459 |
2,702 |
NOPAT Margin |
|
2.61% |
9.97% |
7.43% |
13.28% |
6.37% |
6.39% |
-0.40% |
12.41% |
-2.33% |
4.56% |
3.84% |
Net Nonoperating Expense Percent (NNEP) |
|
-0.07% |
-0.04% |
-0.18% |
-0.18% |
-0.27% |
-0.35% |
-0.27% |
-0.32% |
1.22% |
-0.18% |
-0.52% |
SG&A Expenses to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
|
96.75% |
86.40% |
90.29% |
89.13% |
92.33% |
92.15% |
100.57% |
84.79% |
103.33% |
94.31% |
95.44% |
Earnings before Interest and Taxes (EBIT) |
|
1,759 |
7,769 |
5,705 |
6,487 |
4,834 |
5,085 |
-323 |
10,835 |
-1,892 |
3,072 |
3,209 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
2,390 |
7,882 |
6,023 |
6,709 |
4,995 |
5,545 |
134 |
11,041 |
-1,775 |
3,002 |
3,592 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.65 |
0.59 |
0.69 |
0.65 |
0.52 |
0.47 |
0.38 |
0.58 |
1.08 |
1.29 |
1.51 |
Price to Tangible Book Value (P/TBV) |
|
0.65 |
0.59 |
0.69 |
0.65 |
0.52 |
0.47 |
0.38 |
0.58 |
1.08 |
1.29 |
1.51 |
Price to Revenue (P/Rev) |
|
0.51 |
0.43 |
0.54 |
0.59 |
0.40 |
0.46 |
0.45 |
0.50 |
0.58 |
0.66 |
0.60 |
Price to Earnings (P/E) |
|
19.80 |
4.40 |
7.21 |
4.49 |
6.21 |
7.06 |
0.00 |
4.04 |
0.00 |
14.40 |
15.47 |
Dividend Yield |
|
3.63% |
4.41% |
3.82% |
3.60% |
5.88% |
5.44% |
6.75% |
4.86% |
5.33% |
5.04% |
4.39% |
Earnings Yield |
|
5.05% |
22.72% |
13.86% |
22.27% |
16.11% |
14.16% |
0.00% |
24.77% |
0.00% |
6.95% |
6.46% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.64 |
0.51 |
0.61 |
0.59 |
0.51 |
0.48 |
0.45 |
0.58 |
0.75 |
0.80 |
0.93 |
Enterprise Value to Revenue (EV/Rev) |
|
0.96 |
0.63 |
0.76 |
0.81 |
0.64 |
0.68 |
0.78 |
0.75 |
0.79 |
0.84 |
0.77 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
21.82 |
4.56 |
7.37 |
7.16 |
8.04 |
7.95 |
333.85 |
4.84 |
0.00 |
15.12 |
15.12 |
Enterprise Value to EBIT (EV/EBIT) |
|
29.64 |
4.63 |
7.78 |
7.41 |
8.30 |
8.67 |
0.00 |
4.93 |
0.00 |
14.77 |
16.93 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
36.98 |
6.31 |
10.16 |
6.06 |
10.00 |
10.66 |
0.00 |
6.05 |
0.00 |
18.46 |
20.10 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
2.69 |
2.58 |
2.98 |
3.57 |
1.85 |
2.25 |
5.35 |
5.45 |
8.70 |
6.97 |
6.39 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
2.17 |
20.97 |
0.00 |
6.02 |
0.00 |
0.00 |
3.24 |
1.42 |
8.70 |
53.46 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.92 |
0.68 |
0.58 |
0.49 |
0.61 |
0.47 |
0.47 |
0.48 |
0.87 |
0.90 |
0.94 |
Long-Term Debt to Equity |
|
0.61 |
0.47 |
0.39 |
0.32 |
0.35 |
0.29 |
0.29 |
0.30 |
0.64 |
0.68 |
0.68 |
Financial Leverage |
|
0.98 |
0.80 |
0.63 |
0.53 |
0.55 |
0.51 |
0.45 |
0.47 |
0.61 |
0.88 |
0.92 |
Leverage Ratio |
|
19.15 |
18.08 |
17.51 |
16.06 |
15.91 |
15.18 |
13.93 |
14.36 |
17.21 |
22.82 |
24.28 |
Compound Leverage Factor |
|
19.15 |
18.08 |
17.51 |
16.06 |
15.91 |
15.18 |
13.93 |
14.36 |
17.21 |
22.82 |
24.28 |
Debt to Total Capital |
|
48.03% |
40.63% |
36.75% |
33.09% |
37.79% |
32.20% |
31.83% |
32.25% |
46.41% |
47.41% |
48.50% |
Short-Term Debt to Total Capital |
|
16.26% |
12.88% |
11.99% |
12.01% |
15.74% |
12.36% |
11.81% |
11.80% |
12.36% |
11.75% |
13.25% |
Long-Term Debt to Total Capital |
|
31.77% |
27.75% |
24.76% |
21.08% |
22.05% |
19.84% |
20.01% |
20.45% |
34.05% |
35.66% |
35.25% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.71% |
0.05% |
0.31% |
0.34% |
0.53% |
0.64% |
0.78% |
0.79% |
2.23% |
3.62% |
3.85% |
Common Equity to Total Capital |
|
51.26% |
59.32% |
62.94% |
66.58% |
61.69% |
67.16% |
67.39% |
66.96% |
51.36% |
48.97% |
47.65% |
Debt to EBITDA |
|
16.37 |
3.64 |
4.45 |
4.02 |
5.96 |
5.46 |
237.63 |
2.70 |
-15.58 |
8.97 |
7.90 |
Net Debt to EBITDA |
|
10.13 |
1.41 |
2.10 |
1.86 |
2.89 |
2.51 |
135.38 |
1.53 |
-5.86 |
2.50 |
2.75 |
Long-Term Debt to EBITDA |
|
10.83 |
2.49 |
3.00 |
2.56 |
3.48 |
3.36 |
149.43 |
1.71 |
-11.43 |
6.75 |
5.74 |
Debt to NOPAT |
|
27.76 |
5.04 |
6.13 |
3.40 |
7.42 |
7.31 |
-140.83 |
3.37 |
-20.87 |
10.95 |
10.50 |
Net Debt to NOPAT |
|
17.18 |
1.94 |
2.90 |
1.57 |
3.60 |
3.37 |
-80.23 |
1.91 |
-7.85 |
3.05 |
3.65 |
Long-Term Debt to NOPAT |
|
18.36 |
3.44 |
4.13 |
2.17 |
4.33 |
4.51 |
-88.56 |
2.14 |
-15.31 |
8.24 |
7.63 |
Noncontrolling Interest Sharing Ratio |
|
1.51% |
0.73% |
0.29% |
0.50% |
0.67% |
0.90% |
1.05% |
1.16% |
2.18% |
5.47% |
7.18% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-6,771 |
16,566 |
2,117 |
-670 |
6,665 |
-8,179 |
-9,151 |
16,481 |
31,522 |
5,218 |
1,016 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Operating Cash Flow to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.07 |
0.08 |
0.08 |
0.07 |
0.08 |
0.08 |
0.06 |
0.08 |
0.07 |
0.08 |
0.10 |
Fixed Asset Turnover |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
81,484 |
70,615 |
72,868 |
81,463 |
78,810 |
91,127 |
100,052 |
92,411 |
59,565 |
56,806 |
58,492 |
Invested Capital Turnover |
|
0.70 |
0.75 |
0.82 |
0.77 |
0.79 |
0.76 |
0.60 |
0.74 |
0.75 |
0.93 |
1.22 |
Increase / (Decrease) in Invested Capital |
|
8,181 |
-10,869 |
2,253 |
8,595 |
-2,653 |
12,317 |
8,925 |
-7,641 |
-32,846 |
-2,759 |
1,686 |
Enterprise Value (EV) |
|
52,139 |
35,945 |
44,389 |
48,050 |
40,135 |
44,108 |
44,736 |
53,449 |
44,890 |
45,386 |
54,320 |
Market Capitalization |
|
27,343 |
24,832 |
31,511 |
35,313 |
25,295 |
29,571 |
25,810 |
35,802 |
33,169 |
35,819 |
42,197 |
Book Value per Share |
|
$91.20 |
$93.30 |
$106.66 |
$127.92 |
$117.72 |
$157.00 |
$170.27 |
$163.69 |
$83.13 |
$77.06 |
$78.29 |
Tangible Book Value per Share |
|
$91.20 |
$93.30 |
$106.66 |
$127.92 |
$117.72 |
$157.00 |
$170.27 |
$163.69 |
$83.13 |
$77.06 |
$78.29 |
Total Capital |
|
81,484 |
70,615 |
72,868 |
81,463 |
78,810 |
93,979 |
100,052 |
92,411 |
59,565 |
56,806 |
58,492 |
Total Debt |
|
39,135 |
28,692 |
26,780 |
26,952 |
29,779 |
30,260 |
31,842 |
29,803 |
27,646 |
26,930 |
28,366 |
Total Long-Term Debt |
|
25,889 |
19,594 |
18,041 |
17,172 |
17,378 |
18,646 |
20,023 |
18,896 |
20,282 |
20,256 |
20,617 |
Net Debt |
|
24,217 |
11,080 |
12,653 |
12,462 |
14,426 |
13,933 |
18,141 |
16,915 |
10,395 |
7,511 |
9,869 |
Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
|
-28 |
-15 |
-49 |
-49 |
-76 |
-100 |
-80 |
-98 |
351 |
-49 |
-144 |
Net Nonoperating Obligations (NNO) |
|
39,135 |
28,692 |
26,780 |
26,952 |
29,779 |
27,408 |
31,842 |
29,803 |
27,646 |
26,930 |
28,366 |
Total Depreciation and Amortization (D&A) |
|
631 |
113 |
318 |
222 |
161 |
460 |
457 |
206 |
117 |
-70 |
383 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$3.25 |
$12.37 |
$9.85 |
$18.19 |
$9.64 |
$0.00 |
($1.00) |
$19.65 |
($3.93) |
$0.00 |
$7.54 |
Adjusted Weighted Average Basic Shares Outstanding |
|
454M |
446M |
430M |
422M |
409M |
397M |
397M |
376M |
366M |
359M |
354M |
Adjusted Diluted Earnings per Share |
|
$0.00 |
$12.17 |
$9.71 |
$17.86 |
$9.50 |
$0.00 |
($1.00) |
$19.51 |
($3.93) |
$0.00 |
$7.50 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
454M |
446M |
430M |
422M |
409M |
397M |
397M |
376M |
366M |
359M |
354M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
454M |
446M |
430M |
422M |
409M |
397M |
397M |
376M |
366M |
359M |
354M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
1,410 |
5,697 |
4,370 |
4,541 |
4,012 |
4,138 |
-226 |
9,705 |
-692 |
2,601 |
2,702 |
Normalized NOPAT Margin |
|
2.61% |
9.97% |
7.43% |
7.61% |
6.37% |
6.39% |
-0.40% |
13.62% |
-1.22% |
4.82% |
3.84% |
Pre Tax Income Margin |
|
3.25% |
13.60% |
9.71% |
10.87% |
7.67% |
7.85% |
-0.57% |
15.21% |
-3.33% |
5.69% |
4.56% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
NOPAT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
EBIT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
NOPAT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
71.42% |
19.56% |
29.42% |
16.25% |
37.21% |
38.72% |
-1,209.59% |
20.30% |
-108.48% |
73.60% |
66.44% |
Augmented Payout Ratio |
|
140.96% |
48.69% |
77.37% |
31.93% |
73.90% |
97.71% |
-1,552.05% |
48.27% |
-197.31% |
113.96% |
101.58% |
Quarterly Metrics And Ratios for Prudential Financial
This table displays calculated financial ratios and metrics derived from Prudential Financial's official financial filings.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
-19.74% |
43.78% |
18.49% |
-58.66% |
12.29% |
37.92% |
10.26% |
133.36% |
-16.98% |
-42.70% |
-7.77% |
EBITDA Growth |
|
-99.36% |
393.62% |
169.48% |
-342.40% |
8,289.47% |
-5.35% |
121.89% |
146.29% |
-106.02% |
-57.53% |
-12.02% |
EBIT Growth |
|
-101.41% |
380.70% |
158.15% |
-742.06% |
4,262.50% |
-24.74% |
127.86% |
152.12% |
-108.95% |
-33.81% |
-47.70% |
NOPAT Growth |
|
-101.19% |
418.06% |
166.61% |
-739.68% |
4,753.57% |
-24.85% |
131.12% |
155.77% |
-108.00% |
-35.24% |
-52.65% |
Net Income Growth |
|
-101.84% |
391.90% |
148.77% |
-632.41% |
3,113.64% |
-22.07% |
136.09% |
157.02% |
-94.49% |
-35.53% |
-51.67% |
EPS Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Cash Flow Growth |
|
-118.66% |
134,200.00% |
-18.45% |
-33.61% |
277.33% |
288.76% |
-111.93% |
-61.09% |
110.52% |
-148.00% |
895.89% |
Free Cash Flow Firm Growth |
|
228.44% |
7.45% |
-93.76% |
-115.83% |
-87.62% |
-69.02% |
-162.98% |
5.06% |
-144.07% |
-193.82% |
-213.81% |
Invested Capital Growth |
|
-35.54% |
-18.34% |
-3.02% |
14.02% |
-4.63% |
-5.89% |
4.60% |
13.79% |
2.97% |
8.93% |
8.52% |
Revenue Q/Q Growth |
|
-33.50% |
26.89% |
-20.81% |
-38.12% |
80.60% |
55.85% |
-36.69% |
30.95% |
-35.75% |
7.56% |
1.90% |
EBITDA Q/Q Growth |
|
107.60% |
9,836.84% |
-66.84% |
-276.68% |
244.12% |
12.32% |
-22.27% |
-63.14% |
-118.75% |
890.63% |
61.00% |
EBIT Q/Q Growth |
|
68.25% |
4,717.50% |
-66.38% |
-270.85% |
256.93% |
-16.37% |
1.80% |
-60.92% |
-126.94% |
717.45% |
-19.57% |
NOPAT Q/Q Growth |
|
68.25% |
5,332.14% |
-66.01% |
-248.71% |
275.94% |
-15.50% |
4.54% |
-64.12% |
-125.25% |
783.61% |
-23.56% |
Net Income Q/Q Growth |
|
59.26% |
3,456.82% |
-66.42% |
-259.48% |
267.64% |
-13.20% |
1.74% |
-61.49% |
-83.81% |
916.44% |
-23.72% |
EPS Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Cash Flow Q/Q Growth |
|
-114.54% |
315.92% |
-8.86% |
132.03% |
-61.16% |
373.35% |
-102.80% |
856.85% |
110.14% |
-207.92% |
146.37% |
Free Cash Flow Firm Q/Q Growth |
|
-28.16% |
-54.03% |
-85.21% |
-424.14% |
156.17% |
12.60% |
-130.06% |
-388.68% |
73.93% |
-144.93% |
-0.55% |
Invested Capital Q/Q Growth |
|
28.69% |
1.80% |
-8.32% |
-5.07% |
7.63% |
0.61% |
1.90% |
3.28% |
-2.60% |
6.27% |
1.52% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
0.14% |
11.08% |
4.64% |
-13.24% |
10.57% |
7.60% |
9.33% |
2.63% |
-0.77% |
5.63% |
8.90% |
EBIT Margin |
|
-0.30% |
10.84% |
4.60% |
-12.70% |
11.04% |
5.91% |
9.51% |
2.84% |
-1.19% |
6.83% |
5.39% |
Profit (Net Income) Margin |
|
-0.33% |
8.67% |
3.67% |
-9.47% |
8.79% |
4.90% |
7.87% |
2.31% |
0.58% |
5.51% |
4.12% |
Tax Burden Percent |
|
110.00% |
79.97% |
79.87% |
74.76% |
79.78% |
82.81% |
82.76% |
81.56% |
-48.99% |
80.65% |
76.49% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
99.72% |
99.82% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
0.00% |
20.68% |
19.81% |
0.00% |
21.60% |
20.79% |
18.66% |
25.32% |
0.00% |
22.50% |
26.35% |
Return on Invested Capital (ROIC) |
|
-0.16% |
7.91% |
4.19% |
-9.37% |
8.01% |
4.81% |
8.41% |
2.74% |
-1.02% |
5.36% |
3.88% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
-0.21% |
7.95% |
4.19% |
-9.55% |
8.10% |
4.99% |
8.48% |
2.88% |
-0.38% |
5.46% |
3.95% |
Return on Net Nonoperating Assets (RNNOA) |
|
-0.13% |
5.96% |
3.91% |
-11.89% |
7.15% |
4.50% |
7.72% |
2.58% |
-0.35% |
5.10% |
3.63% |
Return on Equity (ROE) |
|
-0.28% |
13.87% |
8.11% |
-21.26% |
15.17% |
9.31% |
16.12% |
5.32% |
-1.36% |
10.46% |
7.50% |
Cash Return on Invested Capital (CROIC) |
|
41.48% |
20.74% |
6.28% |
-10.84% |
8.97% |
9.63% |
0.34% |
-5.87% |
1.76% |
-4.67% |
-5.35% |
Operating Return on Assets (OROA) |
|
-0.02% |
0.85% |
0.42% |
-0.98% |
0.85% |
0.50% |
0.83% |
0.29% |
-0.12% |
0.56% |
0.43% |
Return on Assets (ROA) |
|
-0.02% |
0.68% |
0.34% |
-0.73% |
0.67% |
0.41% |
0.69% |
0.23% |
0.06% |
0.45% |
0.33% |
Return on Common Equity (ROCE) |
|
-0.28% |
13.55% |
7.87% |
-20.39% |
14.34% |
8.82% |
15.28% |
5.03% |
-1.27% |
9.69% |
6.95% |
Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
0.98% |
6.40% |
4.41% |
0.00% |
8.02% |
10.20% |
13.48% |
0.00% |
8.16% |
5.99% |
Net Operating Profit after Tax (NOPAT) |
|
-28 |
1,465 |
498 |
-741 |
1,303 |
1,101 |
1,151 |
413 |
-104 |
713 |
545 |
NOPAT Margin |
|
-0.21% |
8.59% |
3.69% |
-8.87% |
8.64% |
4.68% |
7.73% |
2.12% |
-0.83% |
5.29% |
3.97% |
Net Nonoperating Expense Percent (NNEP) |
|
0.06% |
-0.04% |
0.01% |
0.18% |
-0.08% |
-0.18% |
-0.07% |
-0.14% |
-0.64% |
-0.10% |
-0.07% |
SG&A Expenses to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
|
100.30% |
89.16% |
95.40% |
112.70% |
88.96% |
94.09% |
90.49% |
97.16% |
101.19% |
93.17% |
94.61% |
Earnings before Interest and Taxes (EBIT) |
|
-40 |
1,847 |
621 |
-1,061 |
1,665 |
1,390 |
1,415 |
553 |
-149 |
920 |
740 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
19 |
1,888 |
626 |
-1,106 |
1,594 |
1,787 |
1,389 |
512 |
-96 |
759 |
1,222 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.08 |
0.89 |
1.07 |
1.27 |
1.29 |
1.52 |
1.49 |
1.42 |
1.51 |
1.32 |
1.24 |
Price to Tangible Book Value (P/TBV) |
|
1.08 |
0.89 |
1.07 |
1.27 |
1.29 |
1.52 |
1.49 |
1.42 |
1.51 |
1.32 |
1.24 |
Price to Revenue (P/Rev) |
|
0.58 |
0.45 |
0.47 |
0.63 |
0.66 |
0.69 |
0.67 |
0.59 |
0.60 |
0.65 |
0.64 |
Price to Earnings (P/E) |
|
0.00 |
91.12 |
16.57 |
29.36 |
14.40 |
19.16 |
14.59 |
10.54 |
15.47 |
17.22 |
23.32 |
Dividend Yield |
|
5.33% |
6.33% |
5.90% |
5.47% |
5.04% |
4.40% |
4.40% |
4.25% |
4.39% |
4.70% |
4.93% |
Earnings Yield |
|
0.00% |
1.10% |
6.04% |
3.41% |
6.95% |
5.22% |
6.85% |
9.49% |
6.46% |
5.81% |
4.29% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.75 |
0.66 |
0.77 |
0.81 |
0.80 |
0.92 |
0.94 |
0.88 |
0.93 |
0.90 |
0.85 |
Enterprise Value to Revenue (EV/Rev) |
|
0.79 |
0.64 |
0.67 |
0.82 |
0.84 |
0.87 |
0.88 |
0.72 |
0.77 |
0.92 |
0.91 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
52.76 |
18.75 |
30.08 |
15.12 |
18.12 |
14.91 |
9.97 |
15.12 |
21.74 |
22.49 |
Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
65.07 |
18.60 |
31.40 |
14.77 |
20.10 |
16.02 |
10.49 |
16.93 |
20.35 |
26.12 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
108.99 |
23.61 |
38.30 |
18.46 |
25.10 |
19.88 |
13.27 |
20.10 |
24.09 |
31.57 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
8.70 |
6.14 |
6.88 |
8.97 |
6.97 |
5.06 |
6.06 |
7.23 |
6.39 |
71.93 |
25.88 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
1.42 |
2.85 |
12.07 |
0.00 |
8.70 |
9.28 |
284.50 |
0.00 |
53.46 |
0.00 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.87 |
0.87 |
0.89 |
0.96 |
0.90 |
0.94 |
0.93 |
0.84 |
0.94 |
0.93 |
0.91 |
Long-Term Debt to Equity |
|
0.64 |
0.64 |
0.65 |
0.73 |
0.68 |
0.70 |
0.68 |
0.59 |
0.68 |
0.65 |
0.62 |
Financial Leverage |
|
0.61 |
0.75 |
0.93 |
1.25 |
0.88 |
0.90 |
0.91 |
0.90 |
0.92 |
0.93 |
0.92 |
Leverage Ratio |
|
17.21 |
20.58 |
23.86 |
30.80 |
22.82 |
23.20 |
23.72 |
24.22 |
24.28 |
23.77 |
23.32 |
Compound Leverage Factor |
|
17.21 |
20.58 |
23.86 |
30.71 |
22.78 |
23.20 |
23.72 |
24.22 |
24.28 |
23.77 |
23.32 |
Debt to Total Capital |
|
46.41% |
46.49% |
47.02% |
48.94% |
47.41% |
48.45% |
48.23% |
45.76% |
48.50% |
48.16% |
47.52% |
Short-Term Debt to Total Capital |
|
12.36% |
12.08% |
12.34% |
11.68% |
11.75% |
12.53% |
12.93% |
14.00% |
13.25% |
14.41% |
15.18% |
Long-Term Debt to Total Capital |
|
34.05% |
34.41% |
34.68% |
37.27% |
35.66% |
35.93% |
35.30% |
31.76% |
35.25% |
33.76% |
32.34% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
2.23% |
1.75% |
1.84% |
2.15% |
3.62% |
3.86% |
3.60% |
3.60% |
3.85% |
3.76% |
4.02% |
Common Equity to Total Capital |
|
51.36% |
51.76% |
51.15% |
48.91% |
48.97% |
47.68% |
48.17% |
50.65% |
47.65% |
48.07% |
48.46% |
Debt to EBITDA |
|
-15.58 |
37.29 |
11.45 |
18.10 |
8.97 |
9.53 |
7.65 |
5.20 |
7.90 |
11.68 |
12.51 |
Net Debt to EBITDA |
|
-5.86 |
14.24 |
5.03 |
6.26 |
2.50 |
3.07 |
2.98 |
1.38 |
2.75 |
5.41 |
5.57 |
Long-Term Debt to EBITDA |
|
-11.43 |
27.60 |
8.44 |
13.78 |
6.75 |
7.07 |
5.60 |
3.61 |
5.74 |
8.18 |
8.51 |
Debt to NOPAT |
|
-20.87 |
77.02 |
14.42 |
23.04 |
10.95 |
13.20 |
10.21 |
6.93 |
10.50 |
12.94 |
17.56 |
Net Debt to NOPAT |
|
-7.85 |
29.41 |
6.34 |
7.97 |
3.05 |
4.25 |
3.98 |
1.84 |
3.65 |
6.00 |
7.82 |
Long-Term Debt to NOPAT |
|
-15.31 |
57.01 |
10.63 |
17.55 |
8.24 |
9.79 |
7.47 |
4.81 |
7.63 |
9.07 |
11.95 |
Noncontrolling Interest Sharing Ratio |
|
2.18% |
2.28% |
2.92% |
4.10% |
5.47% |
5.28% |
5.23% |
5.53% |
7.18% |
7.37% |
7.32% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
32,818 |
15,086 |
2,231 |
-7,232 |
4,062 |
4,674 |
-1,405 |
-6,866 |
-1,790 |
-4,385 |
-4,409 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Operating Cash Flow to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.07 |
0.08 |
0.09 |
0.08 |
0.08 |
0.08 |
0.09 |
0.10 |
0.10 |
0.08 |
0.08 |
Fixed Asset Turnover |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
59,565 |
60,635 |
55,593 |
52,777 |
56,806 |
57,062 |
58,149 |
60,056 |
58,492 |
62,160 |
63,103 |
Invested Capital Turnover |
|
0.75 |
0.92 |
1.14 |
1.06 |
0.93 |
1.03 |
1.09 |
1.29 |
1.22 |
1.01 |
0.98 |
Increase / (Decrease) in Invested Capital |
|
-32,846 |
-13,621 |
-1,733 |
6,491 |
-2,759 |
-3,573 |
2,556 |
7,279 |
1,686 |
5,098 |
4,954 |
Enterprise Value (EV) |
|
44,890 |
39,889 |
42,810 |
42,929 |
45,386 |
52,574 |
54,624 |
52,675 |
54,320 |
55,749 |
53,917 |
Market Capitalization |
|
33,169 |
28,064 |
30,303 |
32,858 |
35,819 |
41,456 |
41,599 |
43,233 |
42,197 |
39,535 |
38,034 |
Book Value per Share |
|
$83.13 |
$85.75 |
$77.90 |
$71.11 |
$77.06 |
$75.79 |
$78.03 |
$85.20 |
$78.29 |
$84.42 |
$86.39 |
Tangible Book Value per Share |
|
$83.13 |
$85.75 |
$77.90 |
$71.11 |
$77.06 |
$75.79 |
$78.03 |
$85.20 |
$78.29 |
$84.42 |
$86.39 |
Total Capital |
|
59,565 |
60,635 |
55,593 |
52,777 |
56,806 |
57,062 |
58,149 |
60,056 |
58,492 |
62,160 |
63,103 |
Total Debt |
|
27,646 |
28,188 |
26,138 |
25,830 |
26,930 |
27,648 |
28,044 |
27,481 |
28,366 |
29,938 |
29,987 |
Total Long-Term Debt |
|
20,282 |
20,866 |
19,278 |
19,668 |
20,256 |
20,500 |
20,527 |
19,076 |
20,617 |
20,983 |
20,409 |
Net Debt |
|
10,395 |
10,763 |
11,486 |
8,938 |
7,511 |
8,913 |
10,933 |
7,283 |
9,869 |
13,875 |
13,349 |
Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
|
16 |
-12 |
2.00 |
50 |
-23 |
-50 |
-20 |
-38 |
-177 |
-29 |
-21 |
Net Nonoperating Obligations (NNO) |
|
27,646 |
28,188 |
26,138 |
25,830 |
26,930 |
27,648 |
28,044 |
27,481 |
28,366 |
29,938 |
29,987 |
Total Depreciation and Amortization (D&A) |
|
59 |
41 |
5.00 |
-45 |
-71 |
397 |
-26 |
-41 |
53 |
-161 |
482 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.00 |
$3.94 |
$0.00 |
($2.23) |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic Shares Outstanding |
|
366M |
365M |
363M |
361M |
359M |
359M |
357M |
356M |
354M |
354M |
352M |
Adjusted Diluted Earnings per Share |
|
$0.00 |
$3.93 |
$0.00 |
($2.23) |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
366M |
365M |
363M |
361M |
359M |
359M |
357M |
356M |
354M |
354M |
352M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
366M |
365M |
363M |
361M |
359M |
359M |
357M |
356M |
354M |
354M |
352M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
-28 |
1,465 |
498 |
-741 |
1,303 |
1,101 |
1,151 |
413 |
-104 |
713 |
545 |
Normalized NOPAT Margin |
|
-0.21% |
8.59% |
3.69% |
-8.87% |
8.64% |
4.68% |
7.73% |
2.12% |
-0.83% |
5.29% |
3.97% |
Pre Tax Income Margin |
|
-0.30% |
10.84% |
4.60% |
-12.67% |
11.02% |
5.91% |
9.51% |
2.84% |
-1.19% |
6.83% |
5.39% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
NOPAT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
EBIT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
NOPAT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
-108.48% |
592.21% |
100.44% |
161.42% |
73.60% |
85.06% |
65.38% |
45.84% |
66.44% |
77.92% |
104.15% |
Augmented Payout Ratio |
|
-197.31% |
1,038.64% |
169.30% |
260.63% |
113.96% |
131.03% |
100.42% |
70.33% |
101.58% |
119.12% |
158.90% |
Key Financial Trends
Prudential Financial (NYSE: PRU) has shown strong financial performance over the last four years, with notable improvements in income, revenue, and cash flow metrics through 2025 Q2. Below are the key highlights and trends observed from the company’s quarterly and annual financial data.
- Consistent Net Income Growth: The company reported consolidated net income of $566 million in Q2 2025, improving steadily from prior quarters and years, with quarterly net income rising from a loss in late 2022 to positive figures exceeding $500 million through 2024 and 2025.
- Strong Revenue Performance: Total non-interest income, a key revenue driver, reached approximately $13.7 billion in Q2 2025, up from $14.8 billion in Q2 2024, maintaining a strong revenue base across quarters.
- Robust Operating Cash Flow: Net cash from continuing operating activities reported $1.16 billion in Q2 2025, demonstrating resilience and operational strength, recovering from a negative operating cash flow in early 2025.
- Stable Dividend Payments: Prudential maintained consistent cash dividends per common share at $1.35 in Q1 and Q2 of 2025, illustrating a stable shareholder return policy.
- Significant Asset Base: Total assets increased to approximately $759 billion by Q2 2025, reflecting growth and asset accumulation particularly in trading securities and mortgage servicing rights.
- Volatile Investment Gains: Net realized and unrealized capital gains on investments fluctuated, with $3.1 billion in Q2 2025 compared to $4.4 billion in the same quarter the prior year, indicating market-related variability impacting income.
- High Insurance Claims and Benefits Expense: Property and liability claims remained high at $9.3 billion in Q2 2025, similar to previous quarters, which is common in the insurance industry and needs monitoring.
- Increasing Debt Repayments: The company repaid $1.003 billion in debt in Q2 2025, more than double the $0.191 billion repayment in Q1 2025, which may pressure liquidity although financing activities remain positive.
- Negative Net Change in Investing Activities: Prudential reported negative $5.8 billion cash flow from investing activities in Q2 2025, primarily due to heavy net purchases of investment securities, which could impact cash reserves in the short term.
- Negative Earnings and Cash Flow in 2022 and Early 2023: The company experienced net losses and negative cash flow in parts of 2022 and early 2023, indicating historic challenges that have since improved significantly.
Summary: Prudential Financial has demonstrated improving profitability and significant revenue growth after facing some challenges in 2022 with losses and negative cash flows. The company has strengthened its balance sheet with a growing asset base and stable equity. Operating cash flows have rebounded strongly, supporting dividend payments and debt management. Investors should monitor investment gains volatility and insurance claims expenses, as well as the company's investing cash outflows, which reflect ongoing asset acquisitions.
10/03/25 05:49 AM ETAI Generated. May Contain Errors.