Prudential Financial Inc - Understand $pru stock

$PRU Market Cap: $44.82 Billion

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Financial Snapshot

Revenue

$71.16B

TTM

Gross Margin

30.67%

TTM

Net Earnings

$4.154B

TTM

Current Assets

Current Liabilities

$3.039B

Q3 2024

Current Ratio

Total Assets

$760.3B

Q3 2024

Total Liabilities

$727.7B

Q3 2024

Book Value

$32.58B

Q3 2024

Cash

$20.20B

Q3 2024

P/E

10.79

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Revenue	$53.98B	$60.05B	$70.93B	$57.03B	$64.81B	$62.99B	$59.69B	$58.78B	$57.12B	$54.11B	$41.46B	$84.85B	$49.09B	$38.22B	$32.38B	$31.39B	$34.56B	$31.49B	$29.97B	$27.32B	$27.28B	$27.64B	$27.35B	$26.60B	$25.64B	$24.38B
YoY Change	-10.11%	-15.34%	24.37%	-12.0%	2.88%	5.53%	1.55%	2.91%	5.57%	30.5%	-51.13%	72.86%	28.44%	18.03%	3.16%	-9.19%	9.75%	5.09%	9.7%	0.13%	-1.31%	1.06%	2.83%	3.72%	5.17%	0.32%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Revenue	$53.98B	$60.05B	$70.93B	$57.03B	$64.81B	$62.99B	$59.69B	$58.78B	$57.12B	$54.11B	$41.46B	$84.85B	$49.09B	$38.22B	$32.38B	$31.39B	$34.56B	$31.49B	$29.97B	$27.32B	$27.28B	$27.64B	$27.35B	$26.60B	$25.64B	$24.38B
Cost Of Revenue	$30.93B	$43.49B	$38.46B	$35.06B	$36.82B	$39.40B	$33.79B	$33.63B	$30.63B	$31.59B	$26.73B	$65.13B	$23.61B	$18.29B	$16.35B
Gross Profit	$23.05B	$16.56B	$32.48B	$21.97B	$27.99B	$23.59B	$25.90B	$25.15B	$26.49B	$22.52B	$14.73B	$19.72B	$25.47B	$19.93B	$16.03B
Gross Profit Margin	42.7%	27.58%	45.78%	38.53%	43.19%	37.45%	43.38%	42.78%	46.38%	41.62%	35.52%	23.24%	51.89%	52.15%	49.52%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Selling, General & Admin	$14.02B	$12.69B	$16.46B	$15.54B	$15.69B	$13.29B	$14.01B	$13.80B	$13.12B	$14.52B	$13.06B	$13.27B	$13.33B	$11.58B	$10.03B	$11.35B	$11.72B	$10.67B	$10.49B	$9.589B	$10.04B	$10.97B	$11.95B	$12.60B	$12.10B	$11.51B
YoY Change	10.47%	-22.88%	5.91%	-0.97%	18.1%	-5.15%	1.46%	5.18%	-9.63%	11.19%	-1.57%	-0.44%	15.07%	15.53%	-11.67%	-3.18%	9.83%	1.74%	9.41%	-4.53%	-8.46%	-8.18%	-5.15%	4.12%	5.1%	5.18%
% of Gross Profit	60.83%	76.62%	50.67%	70.71%	56.06%	56.32%	54.09%	54.89%	49.54%	64.5%	88.68%	67.31%	52.33%	58.11%	62.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.459B	$124.0M	$204.0M	$457.0M	$460.0M	$161.0M	$222.0M	$318.0M	$2.120B	$1.973B	$240.0M	$1.504B	$2.695B	$1.085B	$1.494B	$717.0M	$339.0M	$350.0M	$501.0M	$537.0M	$716.0M	$580.0M	$433.0M	$740.0M	$689.0M	$337.0M
YoY Change	1076.61%	-39.22%	-55.36%	-0.65%	185.71%	-27.48%	-30.19%	-85.0%	7.45%	722.08%	-84.04%	-44.19%	148.39%	-27.38%	108.37%	111.5%	-3.14%	-30.14%	-6.7%	-25.0%	23.45%	33.95%	-41.49%	7.4%	104.45%
% of Gross Profit	6.33%	0.75%	0.63%	2.08%	1.64%	0.68%	0.86%	1.26%	8.0%	8.76%	1.63%	7.63%	10.58%	5.44%	9.32%
Operating Expenses	$14.55B	$3.608B	$21.24B	$8.887B	$5.800B	$3.222B	$53.20B	$53.07B	$49.35B	$52.35B	$43.15B	$84.14B	$44.12B	$34.08B	$30.86B	$30.22B	$29.69B	$27.87B	$27.07B	$24.81B	$25.19B	$26.20B	$26.21B	$24.99B	$24.24B	$24.40B
YoY Change	303.3%	-83.01%	138.94%	53.22%	80.01%	-93.94%	0.24%	7.55%	-5.72%	21.33%	-48.72%	90.7%	29.47%	10.44%	2.12%	1.76%	6.53%	2.96%	9.12%	-1.5%	-3.85%	-0.06%	4.89%	3.1%	-0.68%	-2.79%
Operating Profit	$8.497B	$12.96B	$11.24B	$13.09B	$22.19B	$20.37B	-$27.31B	-$27.93B	-$22.86B	-$29.83B	-$28.42B	-$64.42B	-$18.65B	-$14.15B	-$14.82B
YoY Change	-34.41%	15.25%	-14.11%	-41.02%	8.94%	-174.58%	-2.22%	22.18%	-23.37%	4.97%	-55.89%	245.43%	31.85%	-4.57%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Interest Expense	$1.762B	$1.596B	$1.478B	$1.560B	$1.551B	$1.420B	$1.327B	$1.320B	$1.306B	$1.908B	$1.409B
YoY Change	10.4%	7.98%	-5.26%	0.58%	9.23%	7.01%	0.53%	1.07%	-31.55%	35.42%
% of Operating Profit	20.74%	12.32%	13.15%	11.92%	6.99%	6.97%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Pretax Income	$1.341B	-$1.609B	$7.575B	-$3.226B	$1.985B	$1.447B	$2.541B	$1.242B	$4.235B	$3.487B	$1.274B	$1.138B	$1.919B	$2.292B	-$218.0M	-$1.226B	$4.683B	$4.394B	$4.274B	$3.285B	$1.983B	$82.00M	-$121.0M	$723.0M	$2.255B	$2.597B
YoY Change	-183.34%	-121.24%	-334.81%	-262.52%	37.18%	-43.05%	104.59%	-70.67%	21.45%	173.7%	11.95%	-40.7%	-16.27%	-1151.38%	-82.22%	-126.18%	6.58%	2.81%	30.11%	65.66%	2318.29%	-167.77%	-116.74%	-67.94%	-13.17%	89.56%
Income Tax	$613.0M	-$370.0M	$1.674B	-$81.00M	$947.0M	$822.0M	-$1.438B	$1.335B	$2.072B	$349.0M	-$1.058B	$213.0M	$1.515B	$1.243B	-$62.00M	-$517.0M	$1.220B	$1.245B	$803.0M	$938.0M	$662.0M	-$188.0M	-$32.00M	$398.0M	$1.042B	$970.0M
% Of Pretax Income	45.71%		22.1%		47.71%	56.81%	-56.59%	107.49%	48.93%	10.01%	-83.05%	18.72%	78.95%	54.23%			26.05%	28.33%	18.79%	28.55%	33.38%	-229.27%		55.05%	46.21%	37.35%
Net Earnings	$2.488B	-$1.438B	$7.724B	-$374.0M	$4.186B	$4.074B	$7.863B	$4.368B	$5.642B	$1.381B	-$667.0M	$520.0M	$3.632B	$3.195B	$3.124B	-$1.117B	$3.662B	$3.428B	$3.540B	$2.256B	$1.264B	$194.0M	-$154.0M	$398.0M	$813.0M	$1.106B
YoY Change	-273.02%	-118.62%	-2165.24%	-108.93%	2.75%	-48.19%	80.01%	-22.58%	308.54%	-307.05%	-228.27%	-85.68%	13.68%	2.27%	-379.68%	-130.5%	6.83%	-3.16%	56.91%	78.48%	551.55%	-225.97%	-138.69%	-51.05%	-26.49%	81.31%
Net Earnings / Revenue	4.61%	-2.39%	10.89%	-0.66%	6.46%	6.47%	13.17%	7.43%	9.88%	2.55%	-1.61%	0.61%	7.4%	8.36%	9.65%	-3.56%	10.59%	10.88%	11.81%	8.26%	4.63%	0.7%	-0.56%	1.5%	3.17%	4.54%
Basic Earnings Per Share	$6.76	-$3.93	$19.65	-$1.00	$10.23	$9.64	$18.19	$9.85	$12.37	$3.25	-$1.55
Diluted Earnings Per Share	$6.74	-$3.93	$19.51	-$1.00	$10.11	$9.50	$17.86	$9.71	$12.17	$3.23	-$1.55	$1.111M	$7.427M	$6.318M	$6.942M	-$2.598M	$7.858M	$6.939M	$6.795M	$4.249M	$2.307M	$335.6K	-$265.5K	$731.6K	$1.494M	$2.033M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$19.42B	$17.25B	$12.89B	$13.70B	$16.33B	$15.35B	$14.49B	$14.13B	$17.61B	$14.92B	$11.44B	$18.10B	$14.25B	$12.92B	$13.16B	$15.03B	$11.06B	$8.589B	$7.799B	$8.072B	$7.949B	$9.898B	$18.54B	$7.676B	$6.427B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$286.0M	$340.0M	$395.0M	$466.0M	$554.0M
YoY Change	-15.88%	-13.92%	-15.24%	-15.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$436.7B	$417.4B	$492.2B	$553.6B	$522.8B	$479.2B	$469.9B	$444.2B	$417.2B	$420.0B	$398.2B	$405.6B	$356.2B	$283.9B	$260.6B	$242.0B	$243.6B	$235.4B	$221.4B	$217.8B	$181.0B	$183.2B	$165.8B	$148.5B	$158.9B
YoY Change	4.62%	-15.19%	-11.09%	5.9%	9.08%	2.0%	5.77%	6.48%	-0.67%	5.48%	-1.83%	13.85%	25.48%	8.97%	7.65%	-0.63%	3.46%	6.33%	1.67%	20.28%	-1.18%	10.48%	11.66%	-6.55%
Other Assets	$44.00M	$48.00M	$153.8B												$0.00	$1.106B	$0.00
YoY Change	-8.33%	-99.97%													-100.0%
Total Long-Term Assets
YoY Change
Total Assets	$721.1B	$689.9B	$937.6B	$940.7B	$896.6B	$815.1B	$832.1B	$784.0B	$757.3B	$766.7B	$731.8B	$709.2B	$620.2B	$539.9B	$480.2B	$445.0B	$485.8B	$454.3B	$413.4B	$400.8B	$321.3B	$292.6B	$293.0B	$272.8B	$285.1B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$311.0M	$370.0M	$432.0M	$511.0M	$594.0M
YoY Change	-15.95%	-14.35%	-15.46%	-13.97%
Deferred Revenue
YoY Change
Short-Term Debt	$535.0M	$620.0M	$525.0M	$398.0M	$562.0M	$742.0M	$550.0M	$3.283B	$9.813B	$9.897B	$5.971B	$4.061B	$1.899B	$1.435B	$930.0M	$10.11B	$13.91B	$12.09B	$10.37B	$4.044B	$4.739B	$3.469B	$5.405B	$11.13B	$10.86B
YoY Change	-13.71%	18.1%	31.91%	-29.18%	-24.26%	34.91%	-83.25%	-66.54%	-0.85%	65.75%	47.03%	113.85%	32.33%	54.3%	-90.8%	-27.3%	15.04%	16.57%	156.53%	-14.67%	36.61%	-35.82%	-51.44%	2.51%
Long-Term Debt Due	$83.00M	$155.0M	$197.0M	$527.0M	$1.371B	$1.709B	$830.0M						$961.0M	$547.0M	$2.192B	$421.0M	$1.745B	$443.0M	$740.0M
YoY Change	-46.45%	-21.32%	-62.62%	-61.56%	-19.78%	105.9%							75.69%	-75.05%	420.67%	-75.87%	293.91%	-40.14%
Total Short-Term Liabilities	$2.404B	$1.839B	$19.40B	$22.98B	$20.89B	$14.50B	$17.44B	$19.41B	$24.11B	$27.44B	$16.91B	$20.08B	$15.22B	$11.71B	$8.390B	$12.66B	$22.76B	$19.63B	$17.74B	$11.85B	$11.71B	$9.077B	$8.833B	$14.20B	$13.15B
YoY Change	30.72%	-90.52%	-15.59%	10.0%	44.12%	-16.87%	-10.14%	-19.49%	-12.15%	62.28%	-15.8%	31.98%	29.9%	39.61%	-33.75%	-44.36%	15.98%	10.63%	49.78%	1.16%	29.0%	2.76%	-37.81%	8.05%
Long-Term Debt	$20.26B	$20.28B	$18.90B	$20.02B	$19.92B	$18.33B	$18.69B	$18.04B	$19.59B	$19.83B	$23.55B	$24.73B	$24.62B	$23.65B	$21.04B	$20.29B	$14.10B	$11.42B	$8.270B	$7.627B	$5.610B	$5.447B	$5.994B	$2.502B	$5.513B
YoY Change	-0.13%	7.33%	-5.63%	0.52%	8.66%	-1.91%	3.6%	-7.93%	-1.2%	-15.8%	-4.76%	0.43%	4.1%	12.44%	3.68%	43.89%	23.44%	38.13%	8.43%	35.95%	2.99%	-9.13%	139.57%	-54.62%
Other Long-Term Liabilities	$21.23B	$20.17B	$162.7B	$19.81B	$20.21B	$16.02B	$16.62B	$14.74B	$13.52B	$13.04B	$13.93B	$11.84B	$12.77B	$15.41B	$14.40B	$17.54B	$16.43B	$14.96B	$12.51B	$15.49B	$14.14B	$16.07B	$18.60B	$17.06B	$20.91B
YoY Change	5.26%	-87.6%	721.13%	-1.96%	26.16%	-3.62%	12.76%	9.04%	3.68%	-6.38%	17.63%	-7.27%	-17.17%	7.0%	-17.9%	6.8%	9.84%	19.58%	-19.28%	9.58%	-12.0%	-13.63%	9.02%	-18.41%
Total Long-Term Liabilities	$41.48B	$40.45B	$181.6B	$39.84B	$40.13B	$34.35B	$35.31B	$32.78B	$33.11B	$32.87B	$37.48B	$36.57B	$37.39B	$39.07B	$35.44B	$37.83B	$30.53B	$26.38B	$20.78B	$23.12B	$19.75B	$21.52B	$24.60B	$19.57B	$26.43B
YoY Change	2.56%	-77.72%	355.83%	-0.73%	16.82%	-2.71%	7.72%	-1.0%	0.74%	-12.3%	2.49%	-2.2%	-4.3%	10.23%	-6.32%	23.93%	15.73%	26.96%	-10.14%	17.07%	-8.2%	-12.53%	25.71%	-25.96%
Total Liabilities	$693.3B	$673.7B	$875.7B	$873.3B	$833.4B	$766.5B	$777.9B	$738.1B	$715.4B	$724.9B	$696.5B	$670.7B	$586.0B	$507.4B	$455.0B	$431.6B	$462.4B	$431.4B	$390.6B	$378.5B	$300.0B	$271.3B	$272.6B	$252.1B	$265.8B
YoY Change	2.91%	-23.07%	0.28%	4.78%	8.74%	-1.47%	5.39%	3.18%	-1.31%	4.07%	3.84%	14.46%	15.48%	11.52%	5.43%	-6.66%	7.18%	10.44%	3.2%	26.17%	10.58%	-0.47%	8.1%	-5.14%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Basic Shares Outstanding	363.5M shares	372.3M shares	387.2M shares	395.8M shares	404.8M shares	417.6M shares	427.0M shares	438.2M shares	451.7M shares
Diluted Shares Outstanding	364.6M shares	372.3M shares	390.1M shares	395.8M shares	410.9M shares	426.2M shares	436.0M shares	446.6M shares	460.4M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $44.82 Billion

About PRUDENTIAL FINANCIAL INC

Prudential Financial, Inc. engages in the provision of insurance, investment management, and other financial products and services. The company is headquartered in Newark, New Jersey and currently employs 40,658 full-time employees. The company went IPO on 2001-12-13. The firm offers a range of financial products and services, including life insurance, annuities, retirement-related products and services, mutual funds, and investment management. The company offers these products and services to individual and institutional customers through its own and third-party distribution networks. The company operates in the United States, Asia, Europe and Latin America. Its segment includes PGIM, U.S. Businesses, International Businesses, Closed Block division, and Corporate and Other operations. PGIM segment provides 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 and its general account. U.S. Businesses segment consists of the retirement strategies, group insurance and individual life products.

Industry: Life Insurance Peers: AFLAC INC American National Group Inc. Brighthouse Financial, Inc. GLOBE LIFE INC. LINCOLN NATIONAL CORP METLIFE INC PRINCIPAL FINANCIAL GROUP INC Unum Group Primerica, Inc.