PRU Q3 2023 Earnings — Prudential Financial, Inc. Revenue & Financial Results | Market Cap Arena

PRUPrudential Financial, Inc.

$33B

Q3 2023 Earnings

Financial Services Insurance - Life

Income Statement

Revenue

$8.4B-58.3% YoY

Gross Profit

$2.1B24.8% margin

Operating Income

-$1.1B-12.5% margin

Net Income

-$802M-9.5% margin

EPS (Diluted)

$-2.23

QoQ Revenue Growth

-37.5%

Cash Flow

Operating Cash Flow

$2.8B

Free Cash Flow

$2.8B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$681.3B

Total Liabilities

$654.3B

Stockholders' Equity

$25.8B

Cash & Equivalents

$16.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.4B	$20.2B	-58.3%
Gross Profit	$2.1B	$3.1B	-31.4%
Operating Income	-$1.1B	-$126M	-739.7%
Net Income	-$802M	-$92M	-771.7%

Revenue Segments

International Insurance

$4.6B50%

Individual Life

$1.6B17%

Group Insurance

$1.6B17%

Retirement

$1.4B15%