Prudential Financial, Inc. (PRU) Income Statement Analysis

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Complete financial analysis of Prudential Financial, Inc. (PRU) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Prudential Financial, Inc., a leading company in the Insurance – Life industry within the Financial Services sector.

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Prudential Financial, Inc. (PRU)

Industry: Insurance - Life

Sector: Financial Services

Website: https://www.prudential.com

About Prudential Financial, Inc.

Prudential Financial, Inc., together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through eight segments: PGIM, Retirement, Group Insurance, Individual Annuities, Individual Life, Assurance IQ, International Businesses, and Closed Block. The company offers investment management services and solutions related to public fixed income, public equity, real estate debt and equity, private credit and other alternatives, and multi-asset class strategies to institutional and retail clients, as well as its general account. It also provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; and group life, long-term and short-term group disability, and group corporate-, bank-, and trust-owned life insurance in the United States, primarily to institutional clients for use in connection with employee and membership benefits plans, as well as sells accidental death and dismemberment, and other supplemental health solutions; and provides plan administration services in connection with its insurance coverages. In addition, the company develops and distributes individual variable and fixed annuity products, principally to the mass affluent and affluent markets; and individual variable, term, and universal life insurance products to the mass middle, mass affluent, and affluent markets in the United States. Further, it provides third-party life, health, Medicare, property and casualty, and term life products to retail shoppers through its digital and independent agent channels. The company offers its products and services to individual and institutional customers through its proprietary and third-party distribution networks. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Revenue	53.98B	54.58B	71.18B	57.09B	64.81B	62.99B	59.80B	58.94B	58.38B	59.06B	46.79B	87.58B	49.05B	38.41B	32.69B	29.28B	34.40B	32.49B	31.71B	28.35B	27.91B	26.68B	27.18B
Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	20.00M	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	49.05B	38.41B	32.69B	29.28B	34.40B	32.49B	31.71B	28.35B	27.91B	26.66B	27.18B
Gross Profit Ratio	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	99.93%	100.00%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	12.73B	12.36B	13.36B	13.65B	13.15B	11.95B	11.91B	10.46B	10.91B	11.77B	10.93B	11.01B	9.82B	7.87B	8.99B	9.31B	8.84B	8.26B	7.84B	7.35B	7.60B	8.46B	0.00
Selling & Marketing	195.00M	213.00M	249.00M	260.00M	239.00M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	12.92B	12.57B	13.61B	13.91B	13.39B	11.95B	11.91B	10.46B	10.91B	11.77B	10.93B	11.01B	9.82B	7.87B	8.99B	9.31B	8.84B	8.26B	7.84B	7.35B	7.60B	8.46B	9.79B
Other Expenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	34.31B	26.21B	21.87B	20.91B	20.85B	19.61B	19.24B	0.00	0.00	0.00	-37.00B
Operating Expenses	12.92B	12.57B	13.61B	13.91B	13.39B	11.95B	11.91B	10.46B	10.91B	11.77B	10.93B	85.43B	44.12B	34.08B	30.86B	30.22B	29.69B	27.87B	27.07B	7.35B	7.60B	8.44B	-27.22B
Cost & Expenses	12.92B	12.57B	13.61B	13.91B	13.39B	11.95B	11.91B	10.46B	10.91B	11.77B	10.93B	85.43B	43.93B	33.99B	31.12B	30.39B	29.72B	28.09B	27.24B	25.06B	25.95B	26.61B	27.40B
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.39B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.16B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.83B	1.85B	0.00
Depreciation & Amortization	-70.00M	117.00M	206.00M	457.00M	460.00M	161.00M	222.00M	318.00M	113.00M	631.00M	411.00M	302.00M	290.00M	-104.00M	175.00M	717.00M	272.00M	350.00M	501.00M	537.00M	714.00M	559.00M	446.00M
EBITDA	40.99B	42.13B	57.78B	43.64B	51.88B	51.21B	48.11B	48.80B	47.58B	47.92B	36.28B	3.83B	3.99B	3.09B	194.00M	641.00M	289.00M	415.00M	439.00M	519.00M	1.21B	815.00M	405.00M
EBITDA Ratio	0.00%	-1.57%	10.83%	-3.91%	4.07%	10.27%	13.35%	12.48%	15.98%	6.78%	-3.17%	1.15%	13.70%	11.46%	10.16%	-3.00%	15.18%	15.47%	15.49%	13.40%	16.04%	9.02%	0.86%
Operating Income	41.06B	42.02B	57.58B	43.19B	51.42B	51.04B	47.89B	48.48B	47.47B	47.29B	35.86B	3.53B	3.70B	3.20B	19.00M	-76.00M	17.00M	65.00M	-62.00M	-18.00M	491.00M	256.00M	-41.00M
Operating Income Ratio	0.00%	-1.78%	10.50%	-4.83%	3.27%	10.02%	13.36%	7.52%	10.00%	2.64%	-1.37%	0.63%	7.55%	8.32%	0.06%	-0.26%	0.05%	0.20%	-0.20%	-0.06%	1.76%	0.96%	-0.15%
Total Other Income/Expenses	-37.94B	-43.97B	-46.64B	-43.41B	-46.23B	-46.13B	-41.36B	-42.73B	-39.69B	-45.52B	-37.49B	-2.76B	208.00M	1.23B	1.55B	-717.00M	4.67B	-415.00M	4.53B	3.31B	1.47B	-174.00M	-186.00M
Income Before Tax	3.12B	-1.95B	10.93B	-227.00M	5.19B	4.91B	6.54B	5.75B	7.78B	1.78B	-1.63B	768.00M	5.12B	4.42B	1.57B	-1.12B	4.69B	4.40B	4.47B	3.29B	1.96B	64.00M	-227.00M
Income Before Tax Ratio	-96.94%	-2.96%	15.28%	-0.65%	8.88%	7.67%	10.87%	9.71%	13.60%	3.25%	-4.06%	0.80%	10.43%	11.51%	4.80%	-3.82%	13.62%	13.55%	14.10%	11.60%	7.02%	0.24%	-0.84%
Income Tax Expense	613.00M	279.00M	2.00B	81.00M	947.00M	822.00M	1.44B	1.34B	2.07B	349.00M	1.06B	213.00M	1.60B	1.31B	21.00M	-461.00M	1.25B	1.25B	869.00M	955.00M	650.00M	-192.00M	-57.00M
Net Income	2.49B	-1.65B	8.87B	-374.00M	4.19B	4.07B	7.86B	4.37B	5.64B	1.38B	-667.00M	498.00M	3.38B	3.20B	3.12B	-1.07B	3.70B	3.43B	3.54B	2.26B	1.26B	194.00M	-154.00M
Net Income Ratio	-78.51%	-2.34%	14.44%	-0.49%	7.31%	6.47%	13.17%	7.43%	9.88%	2.55%	-1.61%	0.55%	6.90%	8.32%	9.56%	-3.67%	10.77%	10.55%	11.16%	7.96%	4.53%	0.73%	-0.57%
EPS	6.76	-4.49	22.56	-1.00	10.23	9.64	18.19	9.85	12.37	2.94	-1.47	1.07	7.04	5.82	7.68	-2.50	7.75	6.63	6.45	3.38	1.99	0.34	-0.27
EPS Diluted	6.74	-4.49	22.40	-1.00	10.11	9.50	17.86	9.71	12.17	2.89	-1.47	1.06	7.04	5.75	7.63	-2.50	7.61	6.50	6.34	3.31	1.98	0.34	-0.27
Weighted Avg Shares Out	363.50M	372.30M	387.20M	395.80M	404.80M	417.63M	427.00M	429.57M	447.10M	455.69M	465.10M	446.32M	480.20M	466.80M	444.60M	429.70M	459.80M	484.20M	511.80M	520.60M	544.40M	576.57M	580.05M
Weighted Avg Shares Out (Dil)	364.60M	372.30M	390.10M	395.80M	410.90M	426.20M	436.00M	429.57M	463.60M	456.83M	468.39M	451.06M	488.70M	475.40M	448.20M	429.70M	468.30M	494.00M	520.90M	531.20M	548.40M	577.98M	580.83M

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