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Stocks / United States / PRU · Life Insurance · NYSE

Prudential Financial Inc. (PRU)

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Prudential Financial Inc. (PRU) reported revenue of $15.7 billion for Q2 FY2026, the quarter ended 30 June 2026, up 14.1% on the same quarter a year earlier. Net income was $985 million, up 84.8% on the year, and diluted earnings per share $2.80. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.

Revenue$15.7 billionup 14.1%
Net income$985 millionup 84.8%
Diluted EPS$2.80
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROE12.4%
ROCE9.6%
Operating margin7.6%
Net margin6.0%
FCF marginn/a
Interest covern/a
Debt to equity0.62
Cash conversion2.80
Share count, 1 year-2.0%
Sales CAGR, 3 years2.2%
Profit CAGR, 3 yearsn/a
EPS, TTM$11.03

At the close of 21 September 2026

Price$118.53
Market cap$40.9 billion
Stock P/E10.75
Price to book1.29
EV / EBITDAn/a
Dividend yield4.6%
Market cap / sales0.63
52-week high$125.13
52-week low$92.00
Price, 1 year14.4%
Price CAGR, 3 years7.1%
Price CAGR, 5 years3.4%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on long-term debt as Prudential Financial Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on PRU

Filings28 in twelve months: 21 current reports (8-K), about 16 regulation fd disclosure; 9 results of operations; 5 officer or director change; 3 other events; 1 shareholder vote
Planned insider sales5 Form 144 notices in twelve months, $9.1 million; latest 14 August 2026
Options tapeput/call 0.77 by open interest on 23 September 2026; the straddle prices a 5.0% move to 16 October 2026
Holders8 of the followed funds hold it; largest Geode Capital Management; 2 Schedule 13D or 13G filings in twelve months
Insider trading3 sales and 4 purchases on Form 4 in twelve months
Congress2 House trades disclosed in six months
Short interest13.5 million shares short, 8.37 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 6 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue8,35215,08423,50914,88319,49012,52313,47013,72617,88815,69015,52615,661
Operating income-1,0581,6621,3901,415553-1499207401,7821,2147331,178
Operating margin-13%11%6%10%3%-1%7%5%10%8%5%8%
Interest expense421441n/an/an/an/an/an/an/an/an/an/a
Pre-tax income-1,0581,6621,3901,415553-1499207401,7821,2147331,178
Tax raten/a22%21%19%25%n/a22%26%21%22%18%19%
Net income-8021,3171,1381,198448-57.07075331,431905597985
Net margin-10%9%5%8%2%-0%5%4%8%6%4%6%
Diluted EPS-$2.23$3.61$3.12$3.28$1.24-$0.14$1.96$1.48$4.01$2.54$1.68$2.80
Operating cash flow2,8401,1035,221-1461,1052,322-2,5061,1624,2963,3191,0082,346
Buybacks250258242251253254246250250254246250
Dividends paid458455483472469467491481479475502490
Shares outstanding361m359m359m357m356m354m354m352m350m348m347m345m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

FY2014 FY2015 FY2016 FY2017 FY2018FY2019FY2020 FY2021 FY2022 FY2023FY2024FY2025TTM
Revenue54,10557,11958,77959,68962,99264,80757,03371,24756,88153,97970,40560,77464,765
Operating income1,7597,7695,7056,4874,8345,085-3239,381-1,7763,0723,2094,6564,907
Operating margin3.3%13.6%9.7%10.9%7.7%7.8%-0.6%13.2%-3.1%5.7%4.6%7.7%7.6%
Interest expense1,9081,3061,3201,3271,4201,5501,5601,4781,5961,7622,030n/an/a
Pre-tax income1,7597,7695,7056,4874,8345,085-32310,835-1,8923,0723,2094,6564,907
Income tax3492,0721,335-1,438822947-81.01,995-2796135071,053998
Effective tax rate19.8%26.7%23.4%-22.2%17.0%18.6%n/a18.4%n/a20.0%15.8%22.6%20.3%
Net income1,3815,6424,3687,8634,0744,186-3748,868-1,6472,4882,7273,5763,918
Net margin2.6%9.9%7.4%13.2%6.5%6.5%-0.7%12.4%-2.9%4.6%3.9%5.9%6.0%
Diluted EPS$3.23$12.17$9.71$17.86$9.50$10.11-$1.00$19.51-$3.93$6.74$7.50$9.99$11.03
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2014 FY2015 FY2016 FY2017 FY2018FY2019FY2020 FY2021 FY2022 FY2023FY2024FY2025TTM
Operating cash flow19,39613,94214,87613,44521,66419,6258,3689,8125,1586,5108,5026,27110,969
Depreciation and amortisation631113318222161460457206117n/a383128n/a
Share-based compensation166164202263155231226268208254314257n/a
Buybacks1,0001,0132,0001,2501,5002,5005002,5001,4881,0121,0001,0001,000
Dividends paid1,0081,1171,3001,2961,5211,6411,7661,8141,8171,8461,8911,9261,946
Dividend per share$2.17$2.44$2.80$3.00$3.60$4.00$4.40$4.60$4.80$5.00$5.20$5.40n/a
Diluted shares, weightedn/a460m447m436m426m411m396m390m372m365m359m354m348m
Shares outstanding at period endn/an/an/an/an/an/an/an/an/an/an/an/a345m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 FY2015 FY2016 FY2017 FY2018FY2019FY2020 FY2021 FY2022 FY2023FY2024FY2025TTM
Total assets766,655757,388783,962831,921815,078896,552940,722937,582689,917721,123735,587773,740783,554
Cash and equivalents14,91817,61214,12714,49015,35316,32713,70112,88817,25119,41918,49719,71215,162
Goodwill8318248338438633,0133,0351,8048761,0711,0531,090n/a
Long-term debt19,83119,59418,04117,17217,37818,64619,71818,62219,90818,88219,18718,85619,663
Borrowings, as the company tags themn/an/an/an/an/an/an/an/an/a29,25233,93534,60036,035
Shareholders' equity41,77041,89045,86354,23648,61763,11567,42561,87630,59327,82027,87232,43831,577
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded0.6%1.3%2.2%9.4%
Profit growth, compounded-4.5%n/an/a140.2%
Return on equity, average7.7%7.7%9.9%11.0%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Life Insurance

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Metlife Inc. MET$61.6 billion18.4813.2%8.3%8.7%n/a2.3%
Prudential Financial Inc. PRU$40.9 billion10.7512.4%7.6%9.4%0.624.6%
Globe Life Inc. GL$15.9 billion11.4419.7%24.2%5.2%0.480.6%

The names on this site in the same industry (the SEC's SIC description), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 20266 May 2026EDGAR
10-K31 December 202512 February 2026EDGAR
10-Q30 September 202530 October 2025EDGAR
10-Q30 June 202531 July 2025EDGAR
10-Q31 March 20251 May 2025EDGAR
10-K31 December 202413 February 2025EDGAR
10-Q30 September 202431 October 2024EDGAR
10-Q30 June 20242 August 2024EDGAR
10-Q31 March 20242 May 2024EDGAR

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