PRU Q2 2024 Earnings — Prudential Financial, Inc. Revenue & Financial Results | Market Cap Arena

PRUPrudential Financial, Inc.

$33B

Q2 2024 Earnings

Financial Services Insurance - Life

Income Statement

Revenue

$14.9B+10.5% YoY

Gross Profit

$4.8B31.9% margin

Operating Income

$1.4B9.5% margin

Net Income

$1.2B8.0% margin

EPS (Diluted)

$3.28

QoQ Revenue Growth

-36.6%

Cash Flow

Operating Cash Flow

-$146M

Free Cash Flow

-$146M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$715.2B

Total Liabilities

$685.1B

Stockholders' Equity

$28.0B

Cash & Equivalents

$17.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14.9B	$13.5B	+10.5%
Gross Profit	$4.8B	$4.1B	+16.7%
Operating Income	$1.4B	$621M	+127.9%
Net Income	$1.2B	$511M	+134.4%

Revenue Segments

Retirement

$5.3B63%

Group Insurance

$1.6B19%

Individual Life

$1.5B18%