OverviewSuggest Edit

Prudential Financial is a company providing investment, insurance, and retirement solutions. It offers provides a range of financial products and services, including life insurance, annuities, retirement-related services, mutual funds, and investment management. The company serves individuals, advisors, employers, and institutions.
TypePublic
Founded1875
HQNewark, NJ, US
Websiteprudential.com
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2020)41,671(-19%)
Job Openings630
Revenue (FY, 2020)$57 B(-11%)
Share Price (Jul 2021)$100.3
Cybersecurity ratingBMore

Key People/Management at Prudential Financial

Charles Lowrey

Charles Lowrey

Chairman and CEO, Financial
Salene Hitchcock-Gear

Salene Hitchcock-Gear

President, Individual Life Insurance
Glenn O'Brien

Glenn O'Brien

Managing Director, Head of U.S. Market
Robert Falzon

Robert Falzon

Vice Chairman
Scott Gaul

Scott Gaul

Senior Vice President and Head of Investment and Pension Solutions
Rohit Mathur

Rohit Mathur

Vice President and Head of International Transactions
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Prudential Financial Office Locations

Prudential Financial has offices in Newark, Atlanta, Boston, Chicago and in 26 other locations
Newark, NJ, US (HQ)
751 Broad St
Atlanta, GA, US
1075 Peachtree St NE #3600
Atlanta, GA, US
2 Ravinia Dr NE
Atlanta, GA, US
3350 Riverwood Pkwy #1500
Atlanta, GA, US
Tower Place 200, 3348 Peachtree Rd #1100
Boston, MA, US
One International Place, 100 Oliver St #720
Show all (38)

Prudential Financial Financials and Metrics

Prudential Financial Revenue

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Prudential Financial's revenue was reported to be $57.03 b in FY, 2020 which is a 12% decrease from the previous period.
USD

Revenue (Q1, 2021)

17.0b

Gross profit (Q1, 2021)

8.8b

Gross profit margin (Q1, 2021), %

52.2%

Net income (Q1, 2021)

2.8b

Market capitalization (15-Jul-2021)

39.5b

Closing stock price (15-Jul-2021)

100.3

Cash (31-Mar-2021)

16.1b

EV

44.0b
Prudential Financial's current market capitalization is $39.5 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

63.0b64.8b57.0b

Revenue growth, %

6%3%(12%)

Cost of goods sold

46.2b46.3b35.1b

Gross profit

16.8b18.5b22.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

15.1b15.4b15.1b13.5b12.1b15.4b17.0b

Cost of goods sold

10.8b11.4b10.1b9.0b8.5b8.3b8.1b

Gross profit

4.3b4.0b5.0b4.5b3.7b7.1b8.8b

Gross profit Margin, %

28%26%33%33%30%46%52%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

15.4b16.3b13.7b

Total Assets

815.1b896.6b940.7b

Short-term debt

2.5b1.9b925.0m

Long-term debt

17.4b18.6b19.7b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

14.7b15.4b18.3b31.6b21.1b20.7b16.1b

Total Assets

849.3b873.8b885.6b873.7b915.4b911.6b907.3b

Short-term debt

2.5b2.7b1.5b2.5b1.1b1.1b867.0m

Long-term debt

18.3b17.8b19.2b20.1b20.2b20.2b19.7b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

4.1b4.2b(146.0m)

Depreciation and Amortization

161.0m460.0m457.0m

Cash From Operating Activities

21.7b19.6b8.4b

Cash From Investing Activities

(21.6b)(17.0b)(16.2b)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

937.0m1.7b3.1b(270.0m)(2.7b)(1.2b)2.8b

Depreciation and Amortization

20.0m(89.0m)352.0m329.0m383.0m448.0m30.0m

Cash From Operating Activities

3.1b8.2b15.6b14.8b13.5b12.9b(3.3b)

Cash From Investing Activities

(5.3b)(8.0b)(13.1b)(5.8b)(13.3b)(13.7b)6.5b
USDFY, 2018

EV/CFO

1.8 x

Revenue/Employee

1.2m

Debt/Equity

0.4 x

Financial Leverage

16.6 x

P/E Ratio

8.6
Show all financial metrics

Prudential Financial Operating Metrics

Prudential Financial's Assets Under Management was reported to be $1.7t in Q1, 2021.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Assets Under Management

$1.38 t$1.46 t$1.5 t$1.52 t$1.55 t$1.48 t$1.61 t$1.65 t$1.72 t$1.66 t

Assets Under Management (Institutional)

$493.5 b$524 b$534.9 b$539.8 b$552.8 b$524.8 b$571.2 b$591 b$614.9 b$591.8 b

Assets Under Management (Other)

$215.9 b$234.1 b$237.8 b$235 b$242.7 b$185.7 b$210.8 b$205 b$222.3 b$212.1 b

Assets Under Management (Retail)

$240.1 b$256.4 b$264.9 b$269.3 b$282.8 b$282.4 b$320.2 b$343 b$372 b$381 b
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Prudential Financial Acquisitions / Subsidiaries

Company NameDateDeal Size
ASSURANCESeptember 05, 2019$3.5 b
Gibraltar BSN Life BerhadJanuary 02, 2014
AIG EdisonSeptember 30, 2010
AIG StarSeptember 30, 2010
Yamato LifeMay 01, 2009
MullinTBG Insurance Agency ServicesOctober 14, 2008
Aoba Life Insurance CompanySeptember 23, 2004
The Gibraltar Life Insurance Co., Ltd.April 01, 2001
The WMF GroupMay 01, 2000
210-220 E. 22nd Street SSGA Owner, LLC
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Human Capital Metrics

Source: www.sec.gov
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Prudential Financial Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Prudential Financial Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Prudential Financial Online and Social Media Presence

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Prudential Financial Company Culture

  • Overall Culture

    A+

    78/100

  • CEO Rating

    A+

    80/100

  • Compensation

    A-

    75/100

  • Diversity

    B

    71/100

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Prudential Financial News and Updates

Is Prudential Financial Stock Undervalued?

Prudential Financial stock has gained around 34% YTD, increasing from about $78 at the beginning of 2021 to around $104 currently, significantly ahead of the S&P500, which grew 13% over the same period. Trefis estimates Prudential Financial’s valuation to be around $109 per share – slightly abov…

Prudential Financial Is Likely To Beat Earnings In Q1, But Is The Stock A Good Bet?

Prudential Financial (NYSE: PRU) is scheduled to report its fiscal Q1 2021 results on Tuesday, May 4 (after the market closes). We expect the company to beat consensus estimates for revenues and earnings. The insurance giant managed to surpass revenue and earnings estimates in the...

At $91, Prudential Financial Stock Is Slightly High

Prudential Financial stock has rallied 133% since the March 23 lows of last year and at its current price of $91 per share, it is 5% above its fair value of $87 – Trefis’ estimate for Prudential Financial’s valuation. The insurance giant surpassed consensus estimates for revenues and earnings...

After A 100% Rally, Prudential Financial Stock Is Still Strong

After more than 100% gain since the March 23 lows of the last year, at the current price of $81 per share we believe Prudential Financial Stock has some more upside potential. Prudential Financial, the insurance giant, has seen its stock rally from $39 to $81 off the recent bottom compared to...

Worldwide Life Insurance Industry to 2023 - Players Include Metlife, Prudential Financial and Allianz

Dublin, Dec. 28, 2020 (GLOBE NEWSWIRE) -- The "Global Life Insurance Market to 2023" report has been added to ResearchAndMarkets.com's offering. The report provides in-depth market analysis, information, and insights into the global and regional life insurance industry.This report provides a deta…

Prudential Financial Stock Is Trading Above Its Fair Value

Having gained more than 100% since the March bottom and at its current price of just below $79 per share, Prudential Financial stock is 10% above its fair value of $72 – Trefis’ estimate for Prudential Financial’s valuation. In its recently released third-quarter results, PRU beat consensus earnings
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Prudential Financial Blogs

Prudential's iconic Rock is back: new campaign symbolizes strength and resilience

Who's Your Rock? That question catalyzes Prudential's newest commercial premiering during the NBC broadcast of the Tokyo Olympics opening ceremonies.

Empower Retirement to acquire full-service retirement business of Prudential Financial, Inc.

Empower Retirement and Prudential Financial, Inc. have entered into a definitive agreement for Empower to acquire Prudential's full-service retirement business.

Prudential launches FlexGuard Income indexed variable annuity – a new investment and income strategy with enhanced flexibility and control

Prudential Financial Inc. today launched FlexGuard® Income, a new indexed variable annuity that provides customers with investment strategies for growth potential, along with different levels of protection and the ability to help enhance income in retirement.

Prudential Financial announces leadership succession for Assurance IQ

Allison Arzeno will succeed Michael Rowell as CEO of Assurance IQ, a wholly owned subsidiary of Prudential Financial, Inc., effective immediately.

Spirit of Community provides inspiration during a difficult year

Prudential's 2021 Spirit of Community's honorees are the epitome of ingenuity and compassion.  

Prudential Financial, Inc. Announces First Quarter 2021 Results

Prudential Financial, Inc. reported first quarter results. Net income attributable to Prudential Financial, Inc. was $2.828 billion ($6.98 per Common share) for the first quarter of 2021, compared to net loss of $271 million ($0.70 per Common share) for the first quarter of 2020.
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Prudential Financial Frequently Asked Questions

  • When was Prudential Financial founded?

    Prudential Financial was founded in 1875.

  • Who are Prudential Financial key executives?

    Prudential Financial's key executives are Charles Lowrey, Salene Hitchcock-Gear and Glenn O'Brien.

  • How many employees does Prudential Financial have?

    Prudential Financial has 41,671 employees.

  • What is Prudential Financial revenue?

    Latest Prudential Financial annual revenue is $57 b.

  • What is Prudential Financial revenue per employee?

    Latest Prudential Financial revenue per employee is $1.4 m.

  • Who are Prudential Financial competitors?

    Competitors of Prudential Financial include Ameriprise Financial, The Great-West Life Assurance Company and Allstate.

  • Where is Prudential Financial headquarters?

    Prudential Financial headquarters is located at 751 Broad St, Newark.

  • Where are Prudential Financial offices?

    Prudential Financial has offices in Newark, Atlanta, Boston, Chicago and in 26 other locations.

  • How many offices does Prudential Financial have?

    Prudential Financial has 38 offices.