PRU

MKT CAP:$33B

Prudential Financial, Inc.

Market Cap

$33B

Financial Services·Insurance - Life·🇺🇸 United States·NYSE

Financials·Insurance - Life·🇺🇸·NYSE

Stock Price

$94.68-$19.19 (-16.85%)

Apr 24, 2026

Company Details

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,...

CEO

Andrew Francis Sullivan

IPO Date

Dec 13, 2001

Website

www.prudential.com

Key Metrics TTM

Revenue

$61.3B

+7.9% YoY

Net Income

$2.4B

EPS (Diluted)

$7.61

Free Cash Flow

$1.5B

Revenue / Share

$175.32

Gross Margin

33.6%

Operating Margin

4.5%

Net Margin

3.9%

FCF Margin

2.5%

P/S

0.5x

P/E

13.9x

Earnings Reports

Q1 2026

May 5, 2026

PENDING

FY 2025

Feb 12, 2026

$60.8BEPS $10.22

Q4 2025

Feb 12, 2026

$15.7BEPS $2.59

Q4 2022

Feb 16, 2023

$13.3B-18.4%EPS -$0.16

Q4 2021

Feb 17, 2022

$16.3B+1.9%EPS $3.13

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 16	$14.4B	$5.0B	$1.3B
Q3 16	$17.0B	$5.9B	$2.3B
Q1 17	$13.7B	$5.3B	$1.7B
Q3 17	$16.3B	$6.4B	$3.0B
Q1 18	$13.8B	$4.9B	$1.7B
Q3 18	$16.1B	$5.2B	$1.8B
Q3 19	$15.1B	$5.7B	$1.7B
Q1 20	$13.5B	$3.1B	-$338M
Q2 20	$12.1B	$1.5B	-$2.3B
Q4 20	$16.0B	$5.2B	$900M
Q4 21	$16.3B	$6.8B	$1.4B
Q4 22	$13.3B	$3.6B	-$713M
Q4 25	$15.7B	$4.9B	$1.2B

Valuation

Quarter	P/S	P/E
Q2 16	—	—
Q3 16	—	—
Q1 17	—	—
Q3 17	0.7x	7.2x
Q1 18	0.7x	6.0x
Q3 18	0.7x	6.3x
Q3 19	0.6x	5.4x
Q1 20	0.4x	5.1x
Q2 20	0.4x	57.0x
Q4 20	0.5x	—
Q4 21	0.7x	—
Q4 22	0.6x	—
Q4 25	0.6x	16.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 16	$7.2B	$7.2B
Q3 16	$3.5B	$3.5B
Q1 17	$1.6B	$1.6B
Q3 17	$4.1B	$4.1B
Q1 18	$2.3B	$2.3B
Q3 18	$3.6B	$3.6B
Q3 19	$7.3B	$7.3B
Q1 20	$14.8B	$14.8B
Q2 20	-$1.3B	-$1.3B
Q4 20	-$4.5B	-$4.5B
Q4 21	$3.3B	$3.3B
Q4 22	-$622M	-$622M
Q4 25	$3.3B	$3.3B

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 18	-4.7%	-7.9%
Q3 18	-4.8%	-2.3%
Q3 19	+10.5%	+12.2%
Q1 20	-17.5%	+3.8%
Q2 20	-11.9%	+19.8%
Q4 20	-0.7%	+5.7%
Q4 21	+8.1%	+11.6%
Q4 22	-1.1%	+1.7%
Q4 25	+29.4%	+0.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 16	$0	0.0%
Q3 16	$0	0.0%
Q1 17	$0	0.0%
Q3 17	$0	0.0%
Q1 18	$0	0.0%
Q3 18	$0	0.0%
Q3 19	$0	0.0%
Q1 20	$140M	1.0%
Q2 20	$144M	1.2%
Q4 20	$242M	1.5%
Q4 21	$284M	1.7%
Q4 22	$220M	1.7%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q2 16	$3.0B
Q3 16	$3.0B
Q1 17	$2.9B
Q3 17	$2.9B
Q1 18	$2.9B
Q3 18	$3.0B
Q3 19	$3.3B
Q1 20	$3.5B
Q2 20	$3.3B
Q4 20	$3.7B
Q4 21	$3.7B
Q4 22	$3.3B
Q4 25	$9.5B

Revenue Segments

Quarter	Closed Block Division	Group Insurance	Individual Annuities	Individual Life	International Insurance	Pgim1	Retirement
Q3 19	$1.5B	$1.4B	$1.3B	$1.5B	$5.8B	$855M	$2.3B
Q2 20	—	$1.5B	$953M	$1.6B	$5.2B	—	$3.0B
Q4 22	—	$1.6B	—	$1.7B	$4.8B	—	$4.7B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$14.1B	$349.5B	$363.6B
Q2 22	$14.4B	$313.5B	$327.8B
Q3 22	$20.1B	$301.0B	$321.1B
Q4 22	$17.3B	$312.3B	$329.6B
Q1 23	$17.4B	$44.7B	$62.1B
Q2 23	$14.7B	$42.7B	$57.3B
Q3 23	$16.9B	$40.7B	$57.6B
Q4 23	$19.4B	$321.3B	$340.7B
Q1 24	$18.7B	$48.1B	$66.8B
Q2 24	$17.1B	$46.2B	$63.3B
Q3 24	$20.2B	$47.9B	$68.1B
Q4 24	$18.5B	$47.9B	$66.4B
Q1 25	$16.1B	$54.9B	$70.9B
Q2 25	$16.6B	$54.3B	$70.9B
Q3 25	$17.5B	$53.9B	$71.4B
Q4 25	$19.7B	$6.4B	$26.1B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 16	439M	—	—
Q3 16	432M	-1.6%	—
Q1 17	429M	-0.6%	—
Q3 17	435M	+1.3%	—
Q1 18	431M	-0.9%	-1.8%
Q3 18	425M	-1.4%	-1.6%
Q3 19	409M	-3.8%	-4.8%
Q1 20	400M	-2.2%	-8.1%
Q2 20	396M	-0.9%	-8.1%
Q4 20	398M	+0.6%	-6.2%
Q4 21	381M	-4.4%	-6.8%
Q4 22	368M	-3.5%	-8.0%
Q4 25	350M	-4.8%	-11.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 16	$292.4K	49K
Q3 16	$343.5K	49K
Q1 17	$274.8K	50K
Q3 17	$328.0K	50K
Q1 18	$276.8K	50K
Q3 18	$324.9K	50K
Q3 19	$299.2K	50K
Q1 20	$261.4K	52K
Q2 20	$235.2K	52K
Q4 20	$384.7K	42K
Q4 21	$412.4K	40K
Q4 22	$334.2K	40K
Q4 25	$425.7K	37K

Revenue / Employee