Prudential Financials

PUK

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2024 Currency USD FYE December

This page shows Prudential (PUK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Neutral

4/9

Prudential passes 4 of 9 financial strength tests. All 2 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Key Financial Metrics

Export CSV

Revenue

$10.7B

YoY+10.3%

5Y CAGR-14.4%

Prudential generated $10.7B in revenue in fiscal year 2024. This represents an increase of 10.3% from the prior year.

EBITDA

N/A

Free Cash Flow

N/A

Net Income

$2.4B

YoY+41.1%

5Y CAGR+25.0%

Prudential reported $2.4B in net income in fiscal year 2024. This represents an increase of 41.1% from the prior year.

EPS (Diluted)

N/A

Cash & Debt

$5.8B

YoY+21.5%

5Y CAGR+2.9%

Prudential held $5.8B in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

2.66B

YoY-3.5%

5Y CAGR+0.4%

Prudential had 2.66B shares outstanding in fiscal year 2024. This represents a decrease of 3.5% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

22.5%

YoY+4.9pp

5Y CAGR+19.1pp

Prudential's net profit margin was 22.5% in fiscal year 2024, showing the share of revenue converted to profit. This is up 4.9 percentage points from the prior year.

Return on Equity

12.9%

YoY+3.4pp

5Y CAGR+8.9pp

Prudential's ROE was 12.9% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 3.4 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$878.0M

Prudential spent $878.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

$101.0M

YoY+129.5%

5Y CAGR+11.4%

Prudential invested $101.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 129.5% from the prior year.

PUK Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$10.7B+10.3%	$9.7B+8.4%	$9.0B-61.0%	$23.0B+2.4%	$22.5B-3.8%	$23.4B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	$16.0M-20.0%	$20.0M
Income Tax	$824.0M+47.1%	$560.0M+17.2%	$478.0M-40.5%	$804.0M+13.1%	$711.0M+4.4%	$681.0M
Net Income	$2.4B+41.1%	$1.7B+271.7%	-$997.0M+64.6%	-$2.8B-228.7%	$2.2B+175.9%	$792.0M
EPS (Diluted)	N/A	$0.62+268.2%	$-0.37-144.1%	$0.83-11.8%	$0.95+5.1%	$0.90

Metric	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21	Q4'20	Q2'20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

PUK Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$181.9B+4.5%	$174.1B+8.6%	$160.2B-14.9%	$188.2B-63.5%	$516.1B+13.6%	$454.2B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$5.8B+21.5%	$4.8B-13.8%	$5.5B-23.1%	$7.2B-10.6%	$8.0B+60.2%	$5.0B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$848.0M-5.4%	$896.0M+0.7%	$890.0M-1.9%	$907.0M-5.6%	$961.0M-0.8%	$969.0M
Total Liabilities	$163.2B+4.6%	$156.1B+8.9%	$143.4B-15.2%	$169.1B-65.8%	$494.0B+13.7%	$434.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	$6.1B-4.0%	$6.4B	N/A
Total Equity	$18.7B+3.8%	$18.0B+6.4%	$16.9B-11.6%	$19.1B-13.6%	$22.1B+12.5%	$19.7B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21	Q4'20	Q2'20
Total Assets	$181.9B+4.5%	$174.1B+8.6%	$160.2B-4.0%	$166.9B-11.3%	$188.2B-64.2%	$525.1B+1.7%	$516.1B+11.4%	$463.2B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$5.8B+21.5%	$4.8B-13.8%	$5.5B-14.0%	$6.4B-10.5%	$7.2B+13.9%	$6.3B-21.5%	$8.0B+36.1%	$5.9B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$848.0M-5.4%	$896.0M+0.7%	$890.0M+2.2%	$871.0M-4.0%	$907.0M-2.1%	$926.0M-3.6%	$961.0M+2.0%	$942.0M
Total Liabilities	$163.2B+4.6%	$156.1B+8.9%	$143.4B-4.8%	$150.6B-10.9%	$169.1B-66.8%	$508.9B+3.0%	$494.0B+11.3%	$443.9B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	$6.1B	N/A	$6.4B	N/A
Total Equity	$18.7B+3.8%	$18.0B+6.4%	$16.9B+3.8%	$16.3B-14.9%	$19.1B+17.8%	$16.2B-26.7%	$22.1B+14.6%	$19.3B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

PUK Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	$101.0M+129.5%	$44.0M+29.4%	$34.0M-5.6%	$36.0M-36.8%	$57.0M-3.4%	$59.0M
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	$552.0M+3.6%	$533.0M+12.4%	$474.0M+12.6%	$421.0M-48.3%	$814.0M-50.2%	$1.6B
Share Buybacks	$878.0M	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21	Q4'20	Q2'20
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

PUK Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	22.5%+4.9pp	17.6%+28.7pp	-11.1%+1.1pp	-12.2%-21.9pp	9.7%+6.3pp	3.4%
Return on Equity	12.9%+3.4pp	9.5%	N/A	N/A	9.9%+5.8pp	4.0%
Return on Assets	1.3%+0.3pp	1.0%+1.6pp	-0.6%+0.9pp	-1.5%-1.9pp	0.4%+0.2pp	0.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	8.74+0.1	8.68+0.2	8.48+8.2	0.32+0.0	0.29-21.8	22.09
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21	Q4'20	Q2'20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	8.74+0.1	8.68+0.2	8.48-0.8	9.26+8.9	0.32-31.0	31.37+31.1	0.29-22.7	22.99
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Similar Companies

$33.0B

$56.6B

$45.6B

$56.5B

$11.9B

Frequently Asked Questions

What is Prudential's annual revenue?

Prudential (PUK) reported $10.7B in total revenue for fiscal year 2024. This represents a 10.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Prudential's revenue growing?

Prudential (PUK) revenue grew by 10.3% year-over-year, from $9.7B to $10.7B in fiscal year 2024.

Is Prudential profitable?

Yes, Prudential (PUK) reported a net income of $2.4B in fiscal year 2024, with a net profit margin of 22.5%.

What is Prudential's net profit margin?

Prudential (PUK) had a net profit margin of 22.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Prudential's return on equity (ROE)?

Prudential (PUK) has a return on equity of 12.9% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What are Prudential's total assets?

Prudential (PUK) had $181.9B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Prudential's capital expenditures?

Prudential (PUK) invested $101.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Prudential buy back shares?

Yes, Prudential (PUK) spent $878.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Prudential have outstanding?

Prudential (PUK) had 2.66B shares outstanding as of fiscal year 2024.

What is Prudential's debt-to-equity ratio?

Prudential (PUK) had a debt-to-equity ratio of 8.74 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Prudential's return on assets (ROA)?

Prudential (PUK) had a return on assets of 1.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Prudential's Piotroski F-Score?

Prudential (PUK) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.