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, US
Websiteprudential.com

Latest Updates

Employees (est.) (Dec 2019)51,511(+3%)
Job Openings266
Revenue (FY, 2019)$64.8 B(+3%)
Share Price (Sept 2020)$64.7 (-5%)
Cybersecurity ratingAMore

Key People/Management at Prudential 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
Scott Sleyster

Scott Sleyster

Executive Vice President and Head of International Businesses
Scott E. Gaul

Scott E. Gaul

Senior Vice President and Head of Investment and Pension Solutions
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Prudential Financial Office Locations

Prudential Financial has offices in Newark, Atlanta, Boston, Chicago and in 25 other locations
Newark, US (HQ)
751 Broad St
Atlanta, US
1075 Peachtree St NE #3600
Atlanta, US
2 Ravinia Dr NE
Atlanta, US
3350 Riverwood Pkwy #1500
Atlanta, US
Tower Place 200, 3348 Peachtree Rd #1100
Boston, US
One International Place, 100 Oliver St #720
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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 (Q2, 2020)

12.1b

Gross profit (Q2, 2020)

3.7b

Gross profit margin (Q2, 2020), %

30.3%

Net income (Q2, 2020)

(2.4b)

Market capitalization (21-Sept-2020)

25.7b

Closing stock price (21-Sept-2020)

64.7

Cash (30-Jun-2020)

21.1b

EV

25.9b
Prudential Financial's current market capitalization is $25.7 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, 2020

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

34%27%36%32%21%30%28%26%33%33%30%
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, 2020

Net Income

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

Depreciation and Amortization

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

Cash From Operating Activities

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

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)
USDFY, 2016

Revenue/Employee

1.2m

Debt/Equity

0.4 x

Financial Leverage

17 x
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Prudential Financial Operating Metrics

Prudential Financial's Assets Under Management was reported to be $1.6t in FY, 2019.
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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 Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

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 Online and Social Media Presence

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Prudential Financial News and Updates

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…

Prudential Financial Stock Is Considerably Undervalued At $84

Trefis details the key components of Prudential Financial’s valuation in an interactive dashboard along with our forecast for full-year 2020 and estimates the fair value of Prudential Financial’s stock to be $108 per share – roughly 25% higher than the current market price...

Prudential Financial Shares Cross 5% Yield Mark

In trading on Monday, shares of Prudential Financial were yielding above the 5% mark based on its quarterly dividend (annualized to $4.4), with the stock changing hands as low as $87.05 on the day. D

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment Prudential Financial, Inc. of Class Action Lawsuit and Upcoming Deadline - PRU

NEW YORK, Jan. 18, 2020 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Prudential Financial, Inc. ("Prudential" or the "Company") (NYSE: PRU) and certain of its officers. The class action, filed in United States District Court, for the District...
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Prudential Financial Blogs

Prudential Financial, Inc. to Participate in 2020 KBW Virtual Insurance Conference; Live Webcast Available

NEWARK, N.J., August 31, 2020 - Prudential Financial, Inc. (NYSE: PRU) will participate in the KBW Virtual Insurance Conference on Thursday, September 10, 2020. On that day at approximately 11:20 a.m. ET, Robert Falzon, vice chairman, will participate in an analyst-led fireside chat.

PGIM Real Estate acquires 15-building US industrial portfolio for $425 million

On behalf of its U.S. core real estate strategy, PGIM Real Estate has acquired a 4.7 million-square-foot, 15-building industrial portfolio located across eight properties in Atlanta, Dallas, Denver, Fort Worth, and Phoenix, for a total value of $425 million.

Innovative pension risk transfer approach offers Prudential clients a new way to wind down plans

Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU), has completed the firm's fourth and final pension de-risking transaction with Boise, Idaho-based wood products manufacturer and building materials distributor Boise Cascade Company

Prudential Financial to sell Prudential of Taiwan to Taishin Financial

Prudential Financial, Inc. (NYSE:PRU) has entered into a definitive agreement with Taishin Financial Holding Co., Ltd., a leading Taiwan-based financial institution, to sell Prudential Life Insurance Company of Taiwan Inc.

Prudential Financial, Inc. Announces Second Quarter 2020 Results

Prudential Financial, Inc. (NYSE:PRU) reported second quarter results. Net loss attributable to Prudential Financial, Inc. was $2.409 billion ($6.12 per Common share) for the second quarter of 2020, compared to net income of $708 million ($1.71 per Common share) for the second quarter of 2019.

New Prudential program aims to ease pandemic-related financial stress in the workplace

Prudential Financial, Inc. has created a new workplace package designed specifically for concerned employees and time-strapped human resources teams.
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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 Salene Hitchcock-Gear, Robert Falzon and Andy Sullivan.

  • 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 The Great-West Life Assurance Company, Allstate and Massachusetts Mutual Life Insurance Company (MassMutual).

  • 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 25 other locations.

  • How many offices does Prudential Financial have?

    Prudential Financial has 37 offices.