PRU Q1 2024 Earnings — Prudential Financial, Inc. Revenue & Financial Results | Market Cap Arena

PRUPrudential Financial, Inc.

$33B

Q1 2024 Earnings

Financial Services Insurance - Life

Income Statement

Revenue

$23.6B+38.1% YoY

Gross Profit

$5.3B22.6% margin

Operating Income

$1.4B5.9% margin

Net Income

$1.1B4.8% margin

EPS (Diluted)

$3.12

QoQ Revenue Growth

+54.6%

Cash Flow

Operating Cash Flow

$5.2B

Free Cash Flow

$5.2B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$725.8B

Total Liabilities

$696.4B

Stockholders' Equity

$27.2B

Cash & Equivalents

$18.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$23.6B	$17.1B	+38.1%
Gross Profit	$5.3B	$5.4B	-1.1%
Operating Income	$1.4B	$1.8B	-24.7%
Net Income	$1.1B	$1.5B	-22.2%

Revenue Segments

Retirement

$12.8B80%

Group Insurance

$1.6B10%

Individual Life

$1.6B10%