Prudential Financial Inc (N:PRU)

Sector:  Financials Industry:  Life & Health Insurance
 
See Regulatory Filings on SEC
Company Contact
Address: 751 BROAD ST
NEWARK NJ 07102
Tel: N/A
Website: https://www.prudential.com
IR: See website
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Key People
Charles F. Lowrey
Chairman of the Board, President, Chief Executive Officer
Robert M. Falzon
Vice Chairman of the Board
Yanela Frias
Chief Financial Officer, Executive Vice President
Lucien A. Alziari
Chief Human Resource Officer, Executive Vice President
Stacey Goodman
Executive Vice President, Chief Information Officer
Ann M. Kappler
Executive Vice President, General Counsel
Caroline A. Feeney
Executive Vice President and Head of U.S. Businesses
Andrew F. Sullivan
Executive Vice President and Head of International Businesses and PGIM
Timothy L. Schmidt
Senior Vice President, Chief Investment Officer
Business Overview
Prudential Financial, Inc. is a financial services provider and global investment manager. The Company offers a range of financial products and services, including life insurance, annuities, retirement-related products and services, mutual funds, and investment management. It offers these products and services to individual and institutional customers through its own and third-party distribution networks. It operates in the United States, Asia, Europe and Latin America. Its segment includes PGIM, U.S. Businesses, International Businesses, Closed Block division, and Corporate and Other operations. PGIM segment provides investment management services and solutions related to public fixed income, public equity, real estate debt and equity, private credit and other alternatives, and multi-asset class strategies, to institutional and retail clients and its general account. U.S. Businesses segment consists of the retirement strategies, group insurance and individual life products.
Financial Overview
For the fiscal year ended 31 December 2023, Prudential Financial Inc revenues decreased 5% to $53.98B. Net income applicable to common stockholders totaled $2.46B vs. loss of $1.67B. Revenues reflect US Business Institutional Retirement Strategies segment decrease of 43% to $11.03B, Domestic segment decrease of 16% to $31.03B. Net Income reflects Admn.Expense Ratio -% - Group Disability decrease of 19% to 25.2%.
Employees: 40,658 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $41,724M as of Dec 31, 2023
Annual revenue (TTM): $53,979M as of Dec 31, 2023
EBITDA (TTM): $4,709M as of Dec 31, 2023
Net annual income (TTM): $2,459M as of Dec 31, 2023
Free cash flow (TTM): $4,664M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1,455M as of Dec 31, 2023
Shares outstanding: 359,380,146 as of Mar 15, 2024
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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