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PRS

Prudential Financial, Inc. 5.62

PRS

Prudential Financial, Inc. 5.62 • NYSE
$23.92 ▼ -0.37% (-0.09)
Market Cap $8.37 B
52w High $25.19
52w Low $22.35
Dividend Yield 1.41%
P/E 0
Volume 53.64K
Outstanding Shares 350.00M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $15.989B ▲ $3.277B ▲ $1.431B ▲ 8.95% ▲ $4.03 ▲ $2.313B ▲
Q2-2025 $13.726B ▲ $3.176B ▲ $533M ▼ 3.883% ▼ $1.49 ▼ $0
Q1-2025 $13.47B ▲ $3.083B ▼ $707M ▲ 5.249% ▲ $1.97 ▲ $0 ▲
Q4-2024 $12.523B ▼ $15.041B ▲ $-57M ▼ -0.455% ▼ $-7.69 ▼ $-149M ▼
Q3-2024 $19.49B $3.311B $448M 2.299% $1.24 $0

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $23.717B ▲ $776.302B ▲ $741.487B ▲ $32.094B ▲
Q2-2025 $16.638B ▲ $758.952B ▲ $725.836B ▲ $30.582B ▲
Q1-2025 $16.063B ▲ $739.262B ▲ $707.04B ▲ $29.883B ▲
Q4-2024 $8.28B ▼ $735.587B ▼ $705.461B ▼ $27.872B ▼
Q3-2024 $28.208B $760.294B $727.719B $30.416B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $0 ▼ $4.296B ▲ $-9.242B ▼ $5.727B ▲ $823M ▲ $4.296B ▲
Q2-2025 $533M ▼ $1.162B ▲ $-5.828B ▼ $5.149B ▼ $597M ▲ $1.162B ▲
Q1-2025 $707M ▲ $-2.506B ▼ $-5.465B ▲ $5.499B ▲ $-2.416B ▼ $-2.506B ▼
Q4-2024 $-57M ▼ $2.322B ▲ $-7.301B ▼ $3.42B ▼ $-1.708B ▼ $2.322B ▲
Q3-2024 $448M $1.105B $-5.7B $7.429B $3.097B $1.105B

Revenue by Products

Product Q2-2024Q3-2024Q4-2024Q2-2025
Group Insurance
Group Insurance
 $1.59Bn ▲$1.64Bn ▲$3.15Bn ▲$1.69Bn ▼
Individual Life
Individual Life
 $1.53Bn ▲$1.55Bn ▲$3.07Bn ▲$1.49Bn ▼
Retirement
Retirement
 $5.29Bn ▲$10.78Bn ▲$0 ▼$3.51Bn ▲

Five-Year Company Overview

Income Statement

Income Statement Prudential’s revenue has moved around over the last few years but is now back near its higher levels. The main story is not sales, though, but earnings volatility. Profits have swung from losses to strong gains and back again, reflecting how sensitive a life insurer’s income is to markets, interest rates, and one‑off items. Recent years show a return to solid profitability, but with clear bumps along the way. This pattern suggests an underlying business that is broadly sound, but whose reported earnings can look noisy from year to year rather than smooth and predictable.

Balance Sheet

Balance Sheet The company runs with a very large asset base, as is typical for a global life insurer. Cash on hand has stayed fairly steady, and debt has edged down rather than up, which points to measured use of borrowing. The notable shift is in shareholders’ equity, which dropped sharply a few years ago and then leveled out. For an insurer, that kind of move often reflects changes in interest rates and market values of investments more than day‑to‑day business weakness. Overall, the balance sheet still looks substantial, but book value has been compressed and is more sensitive to market conditions than in the past.

Cash Flow

Cash Flow Cash generation has been a relative bright spot. Operating cash flow has been consistently positive over the full period, without the big swings seen in reported profit. Because insurers have minimal traditional capital spending, most of that operating cash effectively flows through as free cash. This pattern indicates that, beneath the accounting noise, the core insurance and asset management operations are regularly bringing in more cash than they use, which is important for meeting obligations and servicing capital over time.

Competitive Edge

Competitive Edge Prudential benefits from a long‑established brand, wide recognition, and a reputation for stability, which matter a lot in life insurance and retirement products. Its broad distribution network—agents, brokers, banks, and partners—gives it reach across many customer types. The asset management arm, PGIM, adds scale, diversification, and fee income. At the same time, the company operates in a crowded global market with intense competition from other large insurers, asset managers, and newer digital players. Some observers view Prudential as having a strong moat; others see its advantages as more modest and contestable, highlighting that its strength is real but not unassailable.

Innovation and R&D

Innovation and R&D The company is leaning heavily into a digital‑first strategy. It is using artificial intelligence and data analytics in underwriting, claims handling, fraud detection, and customer service, aiming for faster decisions and more personalized experiences. Prudential has rolled out digital platforms and wellness tools, as well as more flexible insurance and retirement products designed to address lifetime income needs. Partnerships—such as those with large broker‑dealer platforms and health‑related providers—extend its capabilities without having to build everything in‑house. Looking ahead, it is targeting AI at larger scale, expanding in faster‑growing regions like parts of Asia and Africa, and building out sustainable investment offerings. The opportunity is large, but success will depend on disciplined execution, regulatory comfort with new technologies, and keeping pace with both traditional and tech‑enabled competitors.

Summary

Overall, Prudential comes across as a large, diversified life insurer and asset manager with solid cash‑generating ability, but with earnings and book value that can move sharply with markets and interest rates. Its strengths include brand recognition, global scale, a broad distribution footprint, and a clear push into digital tools and AI. Its risks center on exposure to financial markets, the complexity of long‑dated insurance promises, regulatory demands, and intense competition from both incumbents and newer entrants. For holders of securities like PRS, the key questions revolve around Prudential’s long‑term resilience, its ability to keep generating steady cash, and how well it manages capital and risk through different economic and market cycles, recognizing that reported profits may remain more volatile than the underlying franchise.