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 2019)51,511(+3%)
Revenue (FY, 2019)$64.8 B(+3%)
Share Price (Feb 2021)$80.2 (-3%)
Cybersecurity ratingAMore

Key People/Management at Prudential Financial

Charles Lowrey

Charles Lowrey

Chairman and CEO, Financial
Salene Hitchcock-Gear

Salene Hitchcock-Gear

President, Individual Life Insurance
Robert Falzon

Robert Falzon

Vice Chairman
Andy Sullivan

Andy Sullivan

Executive Vice President and Head of U.S. Businesses
Christian Ercole

Christian Ercole

Vice President, Longevity Risk Transfer
Brian Curran

Brian Curran

Senior Investment Vice President
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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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View revenue for all periods
Prudential Financial's revenue was reported to be $64.81 b in FY, 2019 which is a 2.9% increase from the previous period.
USD

Revenue (Q3, 2020)

15.4b

Gross profit (Q3, 2020)

7.1b

Gross profit margin (Q3, 2020), %

46.1%

Net income (Q3, 2020)

1.5b

Market capitalization (5-Feb-2021)

31.7b

Closing stock price (5-Feb-2021)

80.2

Cash (30-Sept-2020)

20.7b

EV

32.4b
Prudential Financial's current market capitalization is $31.7 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

58.8b59.7b63.0b64.8b

Revenue growth, %

3%2%6%3%

Cost of goods sold

41.3b41.3b46.2b46.3b

Gross profit

17.5b18.4b16.8b18.5b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

13.7b13.4b16.3b13.8b14.7b16.1b15.1b15.4b15.1b13.5b12.1b15.4b

Cost of goods sold

9.0b9.9b10.4b9.4b11.6b11.4b10.8b11.4b10.1b9.0b8.5b8.3b

Gross profit

4.7b3.6b5.9b4.3b3.1b4.8b4.3b4.0b5.0b4.5b3.7b7.1b

Gross profit Margin, %

34%27%36%32%21%30%28%26%33%33%30%46%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

14.1b14.5b15.4b16.3b

Total Assets

784.0b831.9b815.1b896.6b

Short-term debt

1.1b1.4b2.5b1.9b

Long-term debt

18.0b17.2b17.4b18.6b
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

4.4b8.0b4.1b4.2b

Depreciation and Amortization

318.0m222.0m161.0m460.0m

Cash From Operating Activities

14.8b13.4b21.7b19.6b

Cash From Investing Activities

(21.6b)(11.9b)(21.6b)(17.0b)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

1.4b1.9b4.1b1.4b1.6b3.2b937.0m1.7b3.1b(271.0m)(2.7b)(1.2b)

Depreciation and Amortization

(50.0m)107.0m271.0m(22.0m)48.0m45.0m20.0m(89.0m)352.0m329.0m383.0m448.0m

Cash From Operating Activities

1.6b4.7b8.8b2.3b6.7b10.3b3.1b8.2b15.6b14.8b13.5b12.9b

Cash From Investing Activities

(3.0b)(2.8b)(8.2b)(2.3b)(6.5b)(12.9b)(5.3b)(8.0b)(13.1b)(5.8b)(13.3b)(13.7b)
USDFY, 2016

Revenue/Employee

1.2m

Debt/Equity

0.4 x

Financial Leverage

17 x
Show all financial metrics

Prudential Financial Operating Metrics

Prudential Financial's Assets Under Management was reported to be $1.6t in FY, 2019.
Show all operating metrics

Prudential Financial Acquisitions / Subsidiaries

Company NameDateDeal Size
ASSURANCESeptember 05, 2019$3.50 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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Prudential Financial Revenue Breakdown

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Prudential Financial revenue breakdown by business segment: 6.1% from PGIM, 9.8% from Group Insurance, 39.4% from International Insurance, 10.4% from Individual Life, 25.6% from Retirement, 8.5% from Individual Annuities and 0.2% from Other

Prudential Financial Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Prudential Financial Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

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

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

Prudential Financial Stock Has A Limited Upside

Prudential Financial stock lost almost 59% - dropping from $95 at the end of 2019 to around $39 in late March – then spiked 73% to around $68 now. But that means it’s still 28% lower than where it started the year! There were 2 clear reasons for this: The Covid-19 outbreak and economic slowdown...

Does The Recent Rally In Prudential Financial Stock Mean – Opportunity?

Despite a 54% rise since the March 23 lows of this year, at the current price of around $60 per share, we believe Prudential Financial’s stock has more room to grow. Prudential Financial’s stock has rallied from $39 to $60 off the recent bottom compared to the S&P which moved 43%...

CEOs from 24 major companies like Pfizer, CarMax, HP, Prudential Financial, and more reveal action plans for racial equality

In April, Business Insider asked 200 CEOs how their business would be transformed by the coronavirus pandemic. With the killing of George Floyd and the ensuing civil unrest, we went back and asked these executives what they were doing to address racial inequality and inclusion within their compan…
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Prudential Financial Blogs

Prudential adds Wellthy, a service for caregivers, to its financial wellness portfolio

Prudential (NYSE: PRU) is partnering with Wellthy, a leading provider in the caregiving space, to incorporate Wellthy's suite of digital and concierge caregiving services into Prudential's financial wellness offering. These services will help employers relieve the caregiving burden impacting their e…

Prudential Financial names Spirit of Community Class of 2021, celebrating young volunteers for tackling the challenges of a changing world

Prudential Financial announced its 2021 class of Spirit of Community Awards State Honorees — 102 middle level and high school students from across the United States whose volunteering has addressed critical community needs.

Prudential to launch new managed advice platform, powered by NextCapital

Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU), has unveiled Advice and Income Engines at Prudential, a next-generation digital managed advice platform, powered by NextCapital.

Prudential Financial announces new leader of US insurance and retirement businesses

Prudential Financial, Inc. (NYSE: PRU) has appointed Caroline Feeney as CEO of its U.S. Insurance & Retirement Businesses.

Genesis Healthcare, Inc. selects Prudential to oversee $1.1B in retirement assets

Genesis Healthcare, Inc. (Genesis), one of the nation's largest post-acute care providers with more than 325 skilled nursing centers and senior living communities in 24 states nationwide, has selected Prudential Retirement as record keeper for its defined contribution retirement plans.

Prudential Financial promotes Alan Sexton to Chief Communications Officer

Sexton joined Prudential in 2018 with more than 20 years of communications and corporate affairs experience.
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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 Robert Falzon.

  • How many employees does Prudential Financial have?

    Prudential Financial has 51,511 employees.

  • What is Prudential Financial revenue?

    Latest Prudential Financial annual revenue is $64.8 b.

  • What is Prudential Financial revenue per employee?

    Latest Prudential Financial revenue per employee is $1.3 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.