Prudential Financial
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.
| Type | Public | |
| Founded | 1875 | |
| HQ | Newark, NJ, US | Map |
| Website | prudential.com | |
| Overall Culture | A+ | More |
Key People/Management at Prudential Financial
Charles Lowrey
Chairman and CEO, Financial
Salene Hitchcock-Gear
President, Individual Life Insurance
Glenn O'Brien
Managing Director, Head of U.S. Market
Robert Falzon
Vice Chairman
Scott Gaul
Senior Vice President and Head of Investment and Pension Solutions
Rohit Mathur
Vice President and Head of International Transactions
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
Prudential Financial Financials and Metrics
Prudential Financial Revenue
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
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|
Net Income | 937.0m | 1.7b | 3.1b | (270.0m) | (2.7b) | (1.2b) | 2.8b |
Depreciation and Amortization | 20.0m | (89.0m) | 352.0m | 329.0m | 383.0m | 448.0m | 30.0m |
Cash From Operating Activities | 3.1b | 8.2b | 15.6b | 14.8b | 13.5b | 12.9b | (3.3b) |
Cash From Investing Activities | (5.3b) | (8.0b) | (13.1b) | (5.8b) | (13.3b) | (13.7b) | 6.5b |
| USD | FY, 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 |
Prudential Financial Operating Metrics
Prudential Financial's Assets Under Management was reported to be $1.7t in Q1, 2021.
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 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 |
Prudential Financial Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| ASSURANCE | September 05, 2019 | $3.5 b |
| Gibraltar BSN Life Berhad | January 02, 2014 | |
| AIG Edison | September 30, 2010 | |
| AIG Star | September 30, 2010 | |
| Yamato Life | May 01, 2009 | |
| MullinTBG Insurance Agency Services | October 14, 2008 | |
| Aoba Life Insurance Company | September 23, 2004 | |
| The Gibraltar Life Insurance Co., Ltd. | April 01, 2001 | |
| The WMF Group | May 01, 2000 | |
| 210-220 E. 22nd Street SSGA Owner, LLC |
Prudential Financial Cybersecurity Score
Prudential Financial Environment, Social & Governance (ESG) Ratings
Prudential Financial Online and Social Media Presence
151.81k Twitter followers
Prudential Financial has 151.81k Twitter Followers. The number of followers has decreased 0.1% month over month and decreased 0.8% quarter over quarter
Prudential Financial's Trends
Twitter Engagement Stats for @Prudential
5.1k
Tweets
113
Following
151.8k
Followers
15
Tweets last 30 days
5.9
Avg. likes per Tweet
100%
Tweets with engagement
Prudential Financial Company Culture
Overall Culture
A+
78/100
CEO Rating
A+
80/100
Compensation
A-
75/100
Diversity
B
71/100
Prudential Financial News and Updates
June 16, 2021
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…
May 04, 2021
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...
March 18, 2021
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...
January 12, 2021
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...
December 28, 2020
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…
December 04, 2020
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
Prudential Financial Blogs
July 23, 2021
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.
July 21, 2021
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.
June 15, 2021
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.
June 02, 2021
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.
May 06, 2021
Spirit of Community provides inspiration during a difficult year
Prudential's 2021 Spirit of Community's honorees are the epitome of ingenuity and compassion.
May 04, 2021
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.
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.
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