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Prudential Financial Inc.

Financial Performance

Prudential Financial Revenue & Financials

Revenue

$60.8B (FY2025)

Market Cap

$41B

Net Income

$3.6B

Employees

36,824

What is Prudential Financial's revenue?

Prudential Financial had $60.8B in revenue for fiscal year 2025, down 13.7% from 2024. Net income was $3.6B.

Latest revenue
$60.8B (FY2025)
Year-over-year
-13.7%
Growth rate (CAGR)
0.4% over 9 years
Peak revenue
$71.2B (FY2021)
Years of data
10
Employees
36,824
How much profit does Prudential Financial make?
Prudential Financial reported net income of $3.6B for fiscal year 2025. sec.gov
How many employees does Prudential Financial have?
Prudential Financial has about 36,824 employees.

Financial Analysis

Revenue for an insurer like Prudential swings with PRT premiums and investment marks, so profit and assets give a better read. Revenue was $70.4 billion in 2024 and $60.8 billion in 2025; year-to-year moves of that size largely track lumpy PRT premiums and investment results rather than the size of the underlying business. Net income rose from $2.727 billion in 2024 to $3.576 billion in 2025 ($9.99 per share). Pre-tax adjusted operating income reached $6.637 billion, up 12%, and adjusted operating income per share was $14.43, up 14%. In Q2 2026, revenue was about $14.15 billion and net income was $985 million ($2.80 per share), including a $299 million after-tax charge from the annual assumption update. Assets under management were $1.642 trillion at June 30, 2026, up from $1.580 trillion a year earlier.

Revenue Trend Analysis

YoY Change

-13.7%

9-Year CAGR

+0.4%

Peak Year

2021

Trend

Mostly Growing

Prudential Financial Inc. has 10 full fiscal year figures on this page, compounding at +0.4% annually over 9 years. The most recent year saw a 13.7% decline versus the prior year. Annual revenue peaked in fiscal year 2021 at $71.2B. Of 9 comparable year-over-year steps, 5 showed growth and 4 showed a decline.

Annual revenue history

Fiscal YearRevenueNet IncomeYoY ChangeSource
FY2025$60.8B$3.6B-13.7%PRUDENTIAL FINANCIAL INC annual report (Form 10-K, SEC EDGAR, filed 2026-02-12)

Fiscal year ended 2025-12-31.

FY2024$70.4B$2.7B+30.4%PRUDENTIAL FINANCIAL INC annual report (Form 10-K, SEC EDGAR, filed 2026-02-12)

Fiscal year ended 2024-12-31.

FY2023$54B$2.5B-5.1%PRUDENTIAL FINANCIAL INC annual report (Form 10-K, SEC EDGAR, filed 2026-02-12)

Fiscal year ended 2023-12-31.

FY2022$56.9B-$1.6B-20.2%PRUDENTIAL FINANCIAL INC annual report (Form 10-K, SEC EDGAR, filed 2025-02-13)

Fiscal year ended 2022-12-31.

FY2021$71.2B$8.9B+24.9%PRUDENTIAL FINANCIAL INC annual report (Form 10-K, SEC EDGAR, filed 2024-02-21)

Fiscal year ended 2021-12-31.

FY2020$57B-$374M-12.0%PRUDENTIAL FINANCIAL INC annual report (Form 10-K, SEC EDGAR, filed 2023-02-16)

Fiscal year ended 2020-12-31.

FY2019$64.8B$4.2B+2.9%PRUDENTIAL FINANCIAL INC annual report (Form 10-K, SEC EDGAR, filed 2022-02-17)

Fiscal year ended 2019-12-31.

FY2018$63B$4.1B+5.5%PRUDENTIAL FINANCIAL INC annual report (Form 10-K, SEC EDGAR, filed 2021-02-19)

Fiscal year ended 2018-12-31.

FY2017$59.7B$7.9B+1.5%PRUDENTIAL FINANCIAL INC annual report (Form 10-K, SEC EDGAR, filed 2020-02-14)

Fiscal year ended 2017-12-31.

FY2016$58.8B$4.4B—PRUDENTIAL FINANCIAL INC annual report (Form 10-K, SEC EDGAR, filed 2019-02-15)

Fiscal year ended 2016-12-31.

Click any row to see year details.

Prudential Financial Inc. balance sheet and cash flow

Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row.

Fiscal YearOperating cash flowTotal assetsTotal liabilitiesShareholders' equitySource
FY2025ended Dec 31, 2025$6.3B$773.7B$738.2B$32.4BForm 10-K
FY2024ended Dec 31, 2024$8.5B$735.6B$705.5B$27.9BForm 10-K
FY2023ended Dec 31, 2023$6.5B$721.2B$691.3B$27.8BForm 10-K
FY2022ended Dec 31, 2022$5.2B$689B$657.1B$30.6BForm 10-K
FY2021ended Dec 31, 2021$9.8B$937.6B$875B$61.9BForm 10-K
FY2020ended Dec 31, 2020$8.4B$940.7B$872.5B$67.4BForm 10-K
FY2019ended Dec 31, 2019$19.6B$896.6B$832.8B$63.1BForm 10-K
FY2018ended Dec 31, 2018$21.7B$815.1B$766B$48.6BForm 10-K
FY2017ended Dec 31, 2017$13.5B$832.1B$777.6B$54.2BForm 10-K
FY2016ended Dec 31, 2016$14.9B$784B$737.9B$45.9BForm 10-K

Keep researching Prudential Financial

Prudential Financial Revenue and Financial FAQ

What was Prudential Financial's consolidated revenue and net income for FY2025?

In FY2025, Prudential Financial reported consolidated total revenues of approximately $60.77 billion and net income attributable to the company of $3.58 billion, demonstrating solid underwriting execution and strong net investment income.

What is Prudential Financial's market capitalization and equity valuation profile?

Prudential Financial holds a market capitalization typically between $40 billion and $48 billion on the NYSE, trading at attractive price-to-book and price-to-earnings multiples supported by strong capital generation.

What is Prudential Financial's dividend yield and capital return track record?

Prudential maintains an outstanding capital return record, increasing its quarterly cash dividend for more than 15 consecutive years with a high dividend yield (typically between 4.2% and 5.2%), complemented by multi-billion-dollar share repurchase authorizations.

How large is Prudential Financial's general account investment portfolio?

Prudential manages a high-quality general account portfolio exceeding $350 billion, heavily weighted in investment-grade public fixed income, private placement debt, commercial real estate loans, and high-yield structured credit.

What financial strength ratings do Prudential's primary insurance operating companies hold?

The Prudential Insurance Company of America holds top-tier financial strength ratings from major agencies, including 'A+' (Superior) from A.M. Best, 'Aa3' from Moody's, 'AA-' from S&P Global Ratings, and 'AA-' from Fitch Ratings.

How do interest rate cycles impact Prudential's financial earnings?

Higher benchmark interest rates significantly boost Prudential's net investment spread on newly reinvested cash flows, reduce reserve strain on long-tail life liabilities, and improve demand for guaranteed fixed and indexed retirement annuities.

What is Prudential's Risk-Based Capital (RBC) solvency ratio?

Prudential maintains a consolidated US Risk-Based Capital (RBC) ratio consistently above 400%, alongside strong solvency margin ratios in Japan well above statutory minimums, ensuring a fortress capital cushion.

How does PGIM contribute to Prudential's overall corporate earnings?

PGIM generates high-margin, asset-based fee earnings that account for 15% to 20% of Prudential's consolidated pre-tax adjusted operating income, providing valuable diversification from underwriting and spread-based insurance lines.

What is Prudential Financial’s annual revenue and earnings scale?

Prudential typically generates between $50 billion and $60+ billion in total revenues annually, driven by insurance premiums, asset management fees, and net investment spread income.

How large is PGIM’s total Assets Under Management (AUM)?

PGIM manages approximately $1.3 trillion to $1.4+ trillion in institutional and retail assets under management, consistently ranking among the top institutional money managers worldwide.

What is Prudential’s shareholder dividend track record?

Prudential has increased its common stock dividend for over 15 consecutive years, offering an attractive dividend yield backed by robust holding-company free cash flow and disciplined share buybacks.

What are Prudential’s regulatory capital and Risk-Based Capital (RBC) ratios?

Prudential maintains strong capital adequacy, keeping The Prudential Insurance Company of America’s Risk-Based Capital (RBC) ratio well above 400%—far exceeding state regulatory minimums.

What is the credit quality of Prudential’s general account investment portfolio?

Prudential’s multi-hundred-billion-dollar general account is conservatively invested, with over 90% of fixed-income holdings rated investment grade, supported by disciplined commercial mortgage lending.

How does Prudential allocate operating capital across its divisions?

Prudential prioritizes capital deployment toward high-return, capital-light businesses like PGIM and emerging market international insurance, while returning billions in excess capital to shareholders via dividends and buybacks.

What credit and financial strength ratings does Prudential hold?

Prudential’s primary insurance subsidiaries hold elite financial strength ratings, including A+ from A.M. Best, Aa3 from Moody’s, and AA- from S&P Global Ratings.

How does interest rate movement impact Prudential’s earnings?

Higher interest rates benefit Prudential by increasing reinvestment yields on its fixed-income portfolio and improving profitability on guaranteed retirement income and pension risk transfer solutions.

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CorpDigest. "Prudential Financial Revenue & Financials." CorpDigest, https://corpdigest.com/company/prudential/financials.
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