Prudential Financial (PRU) financial statements
Prudential Financial reported revenue of $60.8B in fiscal 2025, up 0.4% a year over 9 years.
Net income was $3.6B and the operating margin 7.7%, against 9.7% in 2016.
The diluted share count fell 21% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Prudential Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $58.8B | $59.7B | $63.0B | $64.8B | $57.0B | $71.2B | $56.9B | $54.0B | $70.4B | $60.8B |
| Selling, general and admin | $11.8B | $11.9B | $11.9B | $13.4B | $13.9B | $13.6B | $12.6B | $13.0B | $13.3B | $13.0B |
| Operating income | $5.7B | $6.5B | $4.8B | $5.1B | -$323M | $10.8B | -$1.9B | $3.1B | $3.2B | $4.7B |
| Interest expense | $1.3B | $1.3B | $1.4B | $1.6B | $1.6B | $1.5B | $1.6B | $1.8B | $2.0B | — |
| Pre-tax income | $5.7B | $6.5B | $4.8B | $5.1B | -$323M | $10.8B | -$1.9B | $3.1B | $3.2B | $4.7B |
| Income tax | $1.3B | -$1.4B | $822M | $947M | -$81M | $2.0B | -$279M | $613M | $507M | $1.1B |
| Net income | $4.4B | $7.9B | $4.1B | $4.2B | -$374M | $8.9B | -$1.6B | $2.5B | $2.7B | $3.6B |
| EPS (diluted) | $9.71 | $17.86 | $9.50 | $10.11 | -$1.00 | $22.40 | -$4.49 | $6.74 | $7.50 | $9.99 |
| Diluted shares | 447M | 436M | 426M | 411M | 396M | 390M | 372M | 365M | 359M | 354M |
| Operating margin | 9.7% | 10.9% | 7.7% | 7.8% | -0.6% | 15.2% | -3.3% | 5.7% | 4.6% | 7.7% |
| Net margin | 7.4% | 13.2% | 6.5% | 6.5% | -0.7% | 12.4% | -2.9% | 4.6% | 3.9% | 5.9% |
Balance sheet
Fiscal years, from Prudential Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $14.1B | $21.3B | $21.8B | $21.8B | $21.5B | $12.9B | $17.3B | $19.4B | $18.5B | $19.7B |
| Goodwill | $833M | $843M | $863M | $3.0B | $3.0B | $1.8B | $876M | $1.1B | $1.1B | $1.1B |
| Total assets | $784.0B | $832.1B | $815.1B | $896.6B | $940.7B | $937.6B | $689.0B | $721.2B | $735.6B | $773.7B |
| Long-term debt | $18.0B | $17.2B | $17.4B | $18.6B | $19.7B | $18.6B | $19.9B | $18.9B | $19.2B | $18.9B |
| Total liabilities | $737.9B | $777.6B | $766.0B | $832.8B | $872.5B | $875.0B | $657.1B | $691.3B | $705.5B | $738.2B |
| Shareholders' equity | $45.9B | $54.2B | $48.6B | $63.1B | $67.4B | $61.9B | $30.6B | $27.8B | $27.9B | $32.4B |
| Net debt | $5.0B | $4.1B | $4.5B | $4.3B | $6.9B | $6.5B | $3.4B | $81M | $1.6B | $587M |
Cash flow
Fiscal years, from Prudential Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $14.9B | $13.5B | $21.7B | $19.6B | $8.4B | $9.8B | $5.2B | $6.5B | $8.5B | $6.3B |
| Stock-based compensation | $202M | $263M | $155M | $231M | $226M | $268M | $208M | $254M | $314M | $257M |
| Dividends paid | $1.3B | $1.3B | $1.5B | $1.6B | $1.8B | $1.8B | $1.8B | $1.8B | $1.9B | $1.9B |
| Share buybacks (net) | -$2.0B | -$1.2B | -$1.5B | -$2.5B | -$500M | -$2.5B | -$1.5B | -$1.0B | -$1.0B | -$1.0B |
| Dividends per share | $2.91 | $2.97 | $3.57 | $3.99 | $4.46 | $4.65 | $4.88 | $5.06 | $5.26 | $5.45 |
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What was Prudential Financial's revenue in 2025?
$60.8B in fiscal 2025, from its 10-K filing.
From Prudential Financial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.