Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-06-30 | 2014-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | |||||||||||||||||||||||||||||||||||||
premiums | 9,213,000,000 | 6,982,000,000 | 7,000,000,000 | 13,045,000,000 | 7,820,000,000 | 15,537,000,000 | 4,173,000,000 | 6,909,000,000 | 9,363,000,000 | 6,708,000,000 | 16,247,000,000 | 7,112,000,000 | 7,952,000,000 | 7,312,000,000 | 13,193,000,000 | 6,779,000,000 | 7,543,000,000 | 8,301,000,000 | 7,482,000,000 | 7,693,000,000 | 7,664,000,000 | 6,937,000,000 | 8,135,000,000 | 7,900,000,000 | 8,810,000,000 | 7,438,000,000 | 7,311,000,000 | 7,795,000,000 | 8,326,000,000 | 6,481,000,000 | 9,635,000,000 | 6,935,000,000 | 5,985,000,000 | 7,582,000,000 | 6,647,000,000 | 6,068,000,000 | 5,868,000,000 |
policy charges and fee income | 1,133,000,000 | 1,249,000,000 | 1,157,000,000 | 1,111,000,000 | 1,085,000,000 | 1,056,000,000 | 1,112,000,000 | 1,073,000,000 | 1,134,000,000 | 1,331,000,000 | 1,233,000,000 | 1,551,000,000 | 1,459,000,000 | 1,484,000,000 | 1,570,000,000 | 1,400,000,000 | 1,490,000,000 | 1,553,000,000 | 1,464,000,000 | 1,523,000,000 | 1,489,000,000 | 1,519,000,000 | 1,473,000,000 | 1,471,000,000 | 1,498,000,000 | 1,480,000,000 | 1,504,000,000 | 1,502,000,000 | 725,000,000 | 1,533,000,000 | 1,540,000,000 | 1,276,000,000 | 1,624,000,000 | 1,250,000,000 | 1,608,000,000 | 1,520,000,000 | 1,501,000,000 |
net investment income | 5,528,000,000 | 5,226,000,000 | 5,130,000,000 | 5,055,000,000 | 4,849,000,000 | 4,764,000,000 | 4,571,000,000 | 4,476,000,000 | 4,320,000,000 | 4,110,000,000 | 3,631,000,000 | 3,938,000,000 | 4,358,000,000 | 4,636,000,000 | 4,717,000,000 | 4,552,000,000 | 4,382,000,000 | 4,576,000,000 | 4,446,000,000 | 4,186,000,000 | 4,202,000,000 | 4,438,000,000 | 4,390,000,000 | 4,216,000,000 | 4,046,000,000 | 4,096,000,000 | 3,998,000,000 | 4,076,000,000 | 4,089,000,000 | 4,061,000,000 | 4,073,000,000 | 3,789,000,000 | 3,741,000,000 | 3,671,000,000 | 3,769,000,000 | 3,754,000,000 | 3,838,000,000 |
asset management and service fees | 996,000,000 | 982,000,000 | 984,000,000 | 984,000,000 | 1,001,000,000 | 999,000,000 | 952,000,000 | 918,000,000 | 917,000,000 | 976,000,000 | 966,000,000 | 987,000,000 | 1,133,000,000 | 1,298,000,000 | 1,229,000,000 | 1,198,000,000 | 1,176,000,000 | 1,247,000,000 | 1,120,000,000 | 991,000,000 | 1,033,000,000 | 1,038,000,000 | 1,083,000,000 | 1,016,000,000 | 1,037,000,000 | 1,010,000,000 | 1,026,000,000 | 1,005,000,000 | 973,000,000 | 951,000,000 | 955,000,000 | 920,000,000 | 946,000,000 | 956,000,000 | 952,000,000 | 928,000,000 | 904,000,000 |
other income | 1,720,000,000 | 1,412,000,000 | 280,000,000 | 1,285,000,000 | 591,000,000 | 1,338,000,000 | 197,000,000 | 1,044,000,000 | 1,019,000,000 | 1,601,000,000 | -1,083,000,000 | 580,000,000 | -1,371,000,000 | 816,000,000 | 500,000,000 | 1,353,000,000 | 282,000,000 | 2,075,000,000 | 992,000,000 | 1,474,000,000 | -2,591,000,000 | 320,000,000 | 643,000,000 | 1,254,000,000 | 606,000,000 | -54,000,000 | -507,000,000 | 327,000,000 | 420,000,000 | 217,000,000 | -55,000,000 | 86,000,000 | -397,000,000 | 124,000,000 | 215,000,000 | 267,000,000 | 535,000,000 |
realized investment gains | -1,026,000,000 | -1,699,000,000 | -730,000,000 | -1,844,000,000 | -166,000,000 | -308,000,000 | -2,402,000,000 | -938,000,000 | 217,000,000 | -1,392,000,000 | -514,000,000 | -1,147,000,000 | -316,000,000 | 878,000,000 | 432,000,000 | 635,000,000 | 2,079,000,000 | -1,723,000,000 | -79,000,000 | -3,752,000,000 | 1,667,000,000 | ||||||||||||||||
change in value of market risk benefits, net of related hedging gains | 324,000,000 | -426,000,000 | -351,000,000 | -146,000,000 | -297,000,000 | 123,000,000 | -251,000,000 | 16,000,000 | 75,000,000 | ||||||||||||||||||||||||||||
total revenues | 17,888,000,000 | 13,726,000,000 | 13,470,000,000 | 19,490,000,000 | 14,883,000,000 | 23,509,000,000 | 8,352,000,000 | 13,498,000,000 | 17,045,000,000 | 13,334,000,000 | 20,480,000,000 | 13,021,000,000 | 13,215,000,000 | 16,424,000,000 | 21,641,000,000 | 15,917,000,000 | 16,952,000,000 | 16,029,000,000 | 15,425,000,000 | 12,115,000,000 | 13,464,000,000 | 15,105,000,000 | 15,388,000,000 | 15,091,000,000 | 16,148,000,000 | 14,655,000,000 | 13,757,000,000 | 16,313,000,000 | 13,441,000,000 | 13,670,000,000 | 16,961,000,000 | 14,439,000,000 | 13,599,000,000 | 13,712,000,000 | 15,552,000,000 | 13,146,000,000 | 12,854,000,000 |
benefits and expenses | |||||||||||||||||||||||||||||||||||||
policyholders’ benefits | 10,132,000,000 | 8,181,000,000 | 8,140,000,000 | 14,027,000,000 | 8,864,000,000 | 16,594,000,000 | 5,163,000,000 | 7,661,000,000 | 10,304,000,000 | 8,426,000,000 | 16,581,000,000 | 9,612,000,000 | 8,868,000,000 | 8,332,000,000 | 14,401,000,000 | 7,615,000,000 | 8,110,000,000 | 9,291,000,000 | 8,312,000,000 | 8,450,000,000 | 9,006,000,000 | 7,722,000,000 | 8,877,000,000 | 8,438,000,000 | 9,311,000,000 | 9,512,000,000 | 7,675,000,000 | 8,193,000,000 | 8,328,000,000 | 7,025,000,000 | 10,155,000,000 | 7,989,000,000 | 6,648,000,000 | 7,852,000,000 | 7,239,000,000 | 6,466,000,000 | 6,386,000,000 |
change in estimates of liability for future policy benefits | 296,000,000 | -175,000,000 | -50,000,000 | 180,000,000 | -176,000,000 | -17,000,000 | -49,000,000 | 255,000,000 | 25,000,000 | ||||||||||||||||||||||||||||
interest credited to policyholders’ account balances | 1,582,000,000 | 1,138,000,000 | 825,000,000 | 863,000,000 | 1,102,000,000 | 1,283,000,000 | 872,000,000 | 1,149,000,000 | 981,000,000 | 779,000,000 | 703,000,000 | 665,000,000 | 169,000,000 | 723,000,000 | 917,000,000 | 1,074,000,000 | 768,000,000 | 1,163,000,000 | 1,151,000,000 | 1,832,000,000 | 392,000,000 | 1,106,000,000 | 1,278,000,000 | 1,345,000,000 | 1,030,000,000 | 894,000,000 | 550,000,000 | 1,035,000,000 | 947,000,000 | 940,000,000 | 824,000,000 | 1,058,000,000 | 840,000,000 | 676,000,000 | 1,233,000,000 | 1,178,000,000 | 1,015,000,000 |
dividends to policyholders | 416,000,000 | 259,000,000 | 145,000,000 | 189,000,000 | 176,000,000 | 290,000,000 | -3,000,000 | 303,000,000 | 319,000,000 | 80,000,000 | 90,000,000 | -207,000,000 | 235,000,000 | 835,000,000 | 602,000,000 | 833,000,000 | 604,000,000 | 617,000,000 | 554,000,000 | 531,000,000 | -77,000,000 | 667,000,000 | 437,000,000 | 577,000,000 | 446,000,000 | 540,000,000 | 328,000,000 | 500,000,000 | 491,000,000 | 615,000,000 | 569,000,000 | 598,000,000 | 367,000,000 | 437,000,000 | 781,000,000 | 711,000,000 | 600,000,000 |
amortization of deferred policy acquisition costs | 403,000,000 | 407,000,000 | 407,000,000 | 367,000,000 | 375,000,000 | 375,000,000 | 361,000,000 | 366,000,000 | 365,000,000 | 516,000,000 | 485,000,000 | 581,000,000 | 847,000,000 | 435,000,000 | 529,000,000 | 392,000,000 | 741,000,000 | 339,000,000 | 638,000,000 | 287,000,000 | 957,000,000 | 591,000,000 | 782,000,000 | 435,000,000 | 563,000,000 | 613,000,000 | 588,000,000 | 643,000,000 | 84,000,000 | 439,000,000 | 115,000,000 | 427,000,000 | 922,000,000 | 135,000,000 | 789,000,000 | 482,000,000 | 437,000,000 |
general and administrative expenses | 3,277,000,000 | 3,176,000,000 | 3,083,000,000 | 3,311,000,000 | 3,127,000,000 | 3,594,000,000 | 3,066,000,000 | 3,143,000,000 | 3,204,000,000 | 3,343,000,000 | 3,058,000,000 | 2,881,000,000 | 3,211,000,000 | 3,651,000,000 | 3,386,000,000 | 3,230,000,000 | 3,315,000,000 | 3,719,000,000 | 3,323,000,000 | 3,347,000,000 | 3,524,000,000 | 3,294,000,000 | 3,138,000,000 | 3,156,000,000 | 2,960,000,000 | 2,846,000,000 | 2,923,000,000 | 2,921,000,000 | 2,983,000,000 | 2,909,000,000 | 2,983,000,000 | 3,026,000,000 | 2,773,000,000 | 2,483,000,000 | 2,762,000,000 | 2,802,000,000 | 2,698,000,000 |
total benefits and expenses | 16,106,000,000 | 12,986,000,000 | 12,550,000,000 | 18,937,000,000 | 13,468,000,000 | 22,119,000,000 | 9,410,000,000 | 12,877,000,000 | 15,198,000,000 | 14,047,000,000 | 20,917,000,000 | 13,532,000,000 | 13,330,000,000 | 15,036,000,000 | 19,835,000,000 | 13,144,000,000 | 13,538,000,000 | 15,129,000,000 | 13,978,000,000 | 14,447,000,000 | 13,802,000,000 | 13,380,000,000 | 14,512,000,000 | 13,951,000,000 | 14,310,000,000 | 14,405,000,000 | 12,064,000,000 | 13,292,000,000 | 12,833,000,000 | 11,928,000,000 | 14,646,000,000 | 13,098,000,000 | 11,550,000,000 | 11,583,000,000 | 12,804,000,000 | 11,639,000,000 | 11,136,000,000 |
income before income taxes and equity in earnings of joint ventures and other operating entities | 1,782,000,000 | 740,000,000 | 920,000,000 | 553,000,000 | 1,415,000,000 | 1,390,000,000 | |||||||||||||||||||||||||||||||
total income tax benefit | 382,000,000 | 195,000,000 | 207,000,000 | 140,000,000 | 264,000,000 | 289,000,000 | -251,000,000 | 123,000,000 | 382,000,000 | -164,000,000 | -148,000,000 | 11,000,000 | -69,000,000 | 170,000,000 | 259,000,000 | 609,000,000 | 636,000,000 | -88,000,000 | -50,000,000 | 115,000,000 | -58,000,000 | 332,000,000 | 162,000,000 | 232,000,000 | 184,000,000 | 68,000,000 | 352,000,000 | 800,000,000 | 125,000,000 | 395,000,000 | 501,000,000 | 431,000,000 | 584,000,000 | 679,000,000 | 699,000,000 | ||
income before equity in earnings of joint ventures and other operating entities | 1,400,000,000 | 545,000,000 | 713,000,000 | 413,000,000 | 1,151,000,000 | 1,101,000,000 | |||||||||||||||||||||||||||||||
equity in earnings of joint ventures and other operating entities, net of taxes | 83,000,000 | 21,000,000 | 29,000,000 | 38,000,000 | 20,000,000 | 50,000,000 | |||||||||||||||||||||||||||||||
net income | 1,483,000,000 | 566,000,000 | 742,000,000 | 451,000,000 | 1,171,000,000 | 1,151,000,000 | -791,000,000 | 496,000,000 | 1,477,000,000 | -556,000,000 | -290,000,000 | -572,000,000 | -44,000,000 | 1,242,000,000 | 1,565,000,000 | 2,183,000,000 | 2,804,000,000 | 1,022,000,000 | 1,507,000,000 | -2,405,000,000 | -270,000,000 | 1,425,000,000 | 738,000,000 | 937,000,000 | 1,675,000,000 | 200,000,000 | 1,364,000,000 | 2,241,000,000 | 496,000,000 | 1,372,000,000 | 1,832,000,000 | 925,000,000 | 1,467,000,000 | 1,459,000,000 | 2,046,000,000 | 1,113,000,000 | 1,249,000,000 |
yoy | 26.64% | -50.83% | -193.81% | -9.07% | -20.72% | -307.01% | 172.76% | -186.71% | -3456.82% | -144.77% | -118.53% | -126.20% | -101.57% | 21.53% | 3.85% | -190.77% | -1138.52% | -28.28% | 104.20% | -356.67% | -116.12% | 612.50% | -45.89% | -58.19% | 237.70% | -85.42% | -25.55% | 142.27% | -66.19% | -5.96% | -10.46% | -16.89% | 17.45% | ||||
qoq | 162.01% | -23.72% | 64.52% | -61.49% | 1.74% | -245.51% | -259.48% | -66.42% | -365.65% | 91.72% | -49.30% | 1200.00% | -103.54% | -20.64% | -28.31% | -22.15% | 174.36% | -32.18% | -162.66% | 790.74% | -118.95% | 93.09% | -21.24% | -44.06% | 737.50% | -85.34% | -39.13% | 351.81% | -63.85% | -25.11% | 98.05% | -36.95% | 0.55% | -28.69% | 83.83% | -10.89% | |
net income margin % | |||||||||||||||||||||||||||||||||||||
less: income attributable to noncontrolling interests and redeemable noncontrolling interests | 52,000,000 | 33,000,000 | 35,000,000 | ||||||||||||||||||||||||||||||||||
net income attributable to prudential financial, inc. | 1,431,000,000 | 533,000,000 | 707,000,000 | 448,000,000 | 1,198,000,000 | 1,138,000,000 | -802,000,000 | 511,000,000 | 1,462,000,000 | -558,000,000 | -284,000,000 | -565,000,000 | -31,000,000 | 1,208,000,000 | 1,530,000,000 | 2,158,000,000 | 2,828,000,000 | 819,000,000 | 1,487,000,000 | -2,409,000,000 | -271,000,000 | 1,418,000,000 | 708,000,000 | 932,000,000 | 1,672,000,000 | 197,000,000 | 1,363,000,000 | 2,238,000,000 | 491,000,000 | 1,369,000,000 | 1,827,000,000 | 921,000,000 | 1,465,000,000 | 1,406,000,000 | 2,036,000,000 | 2.26 | 2.63 |
earnings per share | |||||||||||||||||||||||||||||||||||||
basic earnings per share-common stock: | |||||||||||||||||||||||||||||||||||||
diluted earnings per share-common stock: | |||||||||||||||||||||||||||||||||||||
less: income attributable to noncontrolling interests | 3,000,000 | -27,000,000 | 13,000,000 | 11,000,000 | -15,000,000 | 15,000,000 | 2,000,000 | -6,000,000 | -7,000,000 | -13,000,000 | 34,000,000 | 35,000,000 | 25,000,000 | -24,000,000 | 203,000,000 | 20,000,000 | 4,000,000 | 1,000,000 | 7,000,000 | 30,000,000 | 5,000,000 | 3,000,000 | 3,000,000 | 1,000,000 | 3,000,000 | 5,000,000 | 3,000,000 | 5,000,000 | 4,000,000 | 2,000,000 | 53,000,000 | 10,000,000 | 23,000,000 | 11,000,000 | |||
income before income taxes and equity in earnings of operating joint ventures | -1,058,000,000 | 621,000,000 | 1,847,000,000 | -713,000,000 | -437,000,000 | -511,000,000 | -115,000,000 | 1,388,000,000 | 1,806,000,000 | 2,773,000,000 | 3,414,000,000 | 900,000,000 | 1,447,000,000 | -2,332,000,000 | -338,000,000 | 1,725,000,000 | 876,000,000 | 1,140,000,000 | 1,838,000,000 | 250,000,000 | 1,693,000,000 | 3,021,000,000 | 608,000,000 | 1,742,000,000 | |||||||||||||
income before equity in earnings of operating joint ventures | -807,000,000 | 498,000,000 | 1,465,000,000 | -549,000,000 | -289,000,000 | -522,000,000 | -46,000,000 | 1,218,000,000 | 1,547,000,000 | 2,164,000,000 | 2,778,000,000 | 988,000,000 | 1,497,000,000 | -2,447,000,000 | -280,000,000 | 1,393,000,000 | 714,000,000 | 908,000,000 | 1,654,000,000 | 182,000,000 | 1,341,000,000 | 2,221,000,000 | 483,000,000 | 1,347,000,000 | |||||||||||||
equity in earnings of operating joint ventures, net of taxes | 16,000,000 | -2,000,000 | 12,000,000 | -7,000,000 | -1,000,000 | -50,000,000 | 2,000,000 | 24,000,000 | 18,000,000 | 19,000,000 | 26,000,000 | 34,000,000 | 10,000,000 | 42,000,000 | 10,000,000 | 32,000,000 | 24,000,000 | 29,000,000 | 21,000,000 | 18,000,000 | 23,000,000 | 20,000,000 | 13,000,000 | 25,000,000 | 18,000,000 | 15,000,000 | 2,000,000 | 9,000,000 | -3,000,000 | 6,000,000 | 0 | ||||||
realized investment gains, net: | |||||||||||||||||||||||||||||||||||||
other-than-temporary impairments on fixed maturity securities | -186,000,000 | -77,000,000 | -35,000,000 | -32,000,000 | -58,000,000 | -39,000,000 | -22,000,000 | -53,000,000 | -57,000,000 | -29,000,000 | -17,000,000 | -81,000,000 | -54,000,000 | -14,000,000 | -32,000,000 | -79,000,000 | |||||||||||||||||||||
other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income | 43,000,000 | 25,000,000 | -12,000,000 | 0 | 0 | 0 | 0 | 7,000,000 | 3,000,000 | 0 | 6,000,000 | 8,000,000 | 25,000,000 | 6,000,000 | 6,000,000 | 63,000,000 | |||||||||||||||||||||
other realized investment gains | 996,000,000 | -284,000,000 | -719,000,000 | 183,000,000 | 743,000,000 | 464,000,000 | 1,630,000,000 | -1,046,000,000 | 481,000,000 | 842,000,000 | 1,444,000,000 | 1,773,000,000 | 158,000,000 | 2,369,000,000 | 635,000,000 | 224,000,000 | |||||||||||||||||||||
total realized investment gains | 853,000,000 | -336,000,000 | -766,000,000 | 151,000,000 | 685,000,000 | 425,000,000 | 1,608,000,000 | -1,092,000,000 | 427,000,000 | 813,000,000 | 1,433,000,000 | 1,700,000,000 | 129,000,000 | 2,361,000,000 | 609,000,000 | 208,000,000 | |||||||||||||||||||||
dividends declared per share of common stock | 0.9 | 0.9 | 0.75 | 0.75 | 0.75 | 0.7 | 0.7 | 0.58 | 0.58 | 0.58 | 0.53 | 0.53 | |||||||||||||||||||||||||
income from continuing operations before income taxes and equity in earnings of operating joint ventures | 2,315,000,000 | 1,341,000,000 | 2,049,000,000 | 2,129,000,000 | 2,748,000,000 | 1,507,000,000 | 1,718,000,000 | ||||||||||||||||||||||||||||||
income from continuing operations before equity in earnings of operating joint ventures | 1,814,000,000 | 910,000,000 | 1,465,000,000 | 1,450,000,000 | 2,049,000,000 | 1,103,000,000 | 1,245,000,000 | ||||||||||||||||||||||||||||||
income from continuing operations | 1,832,000,000 | 925,000,000 | 1,467,000,000 | 1,459,000,000 | 2,046,000,000 | 1,109,000,000 | 1,245,000,000 | ||||||||||||||||||||||||||||||
income from discontinued operations, net of taxes | 0 | 0 | 0 | 0 | 0 | 4,000,000 | 4,000,000 | ||||||||||||||||||||||||||||||
income from continuing operations attributable to prudential financial, inc. | 4.14 | 2.06 | 3.22 | 3.07 | 4.44 | 2.25 | 2.62 | ||||||||||||||||||||||||||||||
income tax benefit | 404,000,000 | 473,000,000 | |||||||||||||||||||||||||||||||||||
net income attributable to prudential financial, inc | 1,090,000,000 | 1,238,000,000 | |||||||||||||||||||||||||||||||||||
financial services businesses | |||||||||||||||||||||||||||||||||||||
closed block business | |||||||||||||||||||||||||||||||||||||
basic and diluted earnings per share-class b stock: | |||||||||||||||||||||||||||||||||||||
dividends declared per share of class b stock | 2.41 | 2.41 | |||||||||||||||||||||||||||||||||||
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
