Prudential Financial (PRU) Revenue & Revenue Breakdown
Prudential Financial Revenue Highlights
Latest Revenue (Y)
$-3.17B
Latest Revenue (Q)
$14.88B
Main Segment (Y)
Group Insurance
Main Geography (Y)
UNITED STATES
Prudential Financial Revenue by Period
Prudential Financial Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $-3.17B | -105.28% |
| 2022-12-31 | $60.05B | -2.21% |
| 2021-12-31 | $61.41B | 23.23% |
| 2020-12-31 | $49.83B | -12.94% |
| 2019-12-31 | $57.24B | -9.13% |
| 2018-12-31 | $62.99B | 5.53% |
| 2017-12-31 | $59.69B | 1.55% |
| 2016-12-31 | $58.78B | 2.91% |
| 2015-12-31 | $57.12B | 5.57% |
| 2014-12-31 | $54.10B | 30.50% |
| 2013-12-31 | $41.46B | -51.12% |
| 2012-12-31 | $84.81B | 72.93% |
| 2011-12-31 | $49.05B | 27.67% |
| 2010-12-31 | $38.41B | 17.52% |
| 2009-12-31 | $32.69B | 11.66% |
| 2008-12-31 | $29.27B | -14.90% |
| 2007-12-31 | $34.40B | 5.89% |
| 2006-12-31 | $32.49B | 2.46% |
| 2005-12-31 | $31.71B | 11.85% |
| 2004-12-31 | $28.35B | 1.58% |
| 2003-12-31 | $27.91B | 4.62% |
| 2002-12-31 | $26.68B | -1.85% |
| 2001-12-31 | $27.18B | - |
Prudential Financial generated $-3.17B in revenue during NA 2023, up -105.28% compared to the previous quarter, and up -5.03% compared to the same period a year ago.
Prudential Financial Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $14.88B | -36.69% |
| 2024-03-31 | $23.51B | 51.15% |
| 2023-12-31 | $15.55B | 86.22% |
| 2023-09-30 | $8.35B | -29.79% |
| 2023-06-30 | $11.89B | -30.21% |
| 2023-03-31 | $17.05B | 27.83% |
| 2022-12-31 | $13.33B | -34.89% |
| 2022-09-30 | $20.48B | 42.41% |
| 2022-06-30 | $14.38B | 8.82% |
| 2022-03-31 | $13.21B | -19.54% |
| 2021-12-31 | $16.42B | -24.11% |
| 2021-09-30 | $21.64B | 35.96% |
| 2021-06-30 | $15.92B | -6.11% |
| 2021-03-31 | $16.95B | 5.76% |
| 2020-12-31 | $16.03B | 3.92% |
| 2020-09-30 | $15.43B | 27.32% |
| 2020-06-30 | $12.12B | -10.02% |
| 2020-03-31 | $13.46B | -29.96% |
| 2019-12-31 | $19.22B | 27.26% |
| 2019-09-30 | $15.11B | -1.84% |
| 2019-06-30 | $15.39B | 1.97% |
| 2019-03-31 | $15.09B | -18.13% |
| 2018-12-31 | $18.43B | 14.14% |
| 2018-09-30 | $16.15B | 10.19% |
| 2018-06-30 | $14.65B | 6.53% |
| 2018-03-31 | $13.76B | -15.42% |
| 2017-12-31 | $16.27B | -0.29% |
| 2017-09-30 | $16.31B | 21.37% |
| 2017-06-30 | $13.44B | -1.68% |
| 2017-03-31 | $13.67B | 4.75% |
| 2016-12-31 | $13.05B | -23.06% |
| 2016-09-30 | $16.96B | 17.47% |
| 2016-06-30 | $14.44B | 0.77% |
| 2016-03-31 | $14.33B | 0.51% |
| 2015-12-31 | $14.26B | 4.83% |
| 2015-09-30 | $13.60B | -0.82% |
| 2015-06-30 | $13.71B | -11.83% |
| 2015-03-31 | $15.55B | -1.10% |
| 2014-12-31 | $15.72B | 27.02% |
| 2014-09-30 | $12.38B | -5.83% |
| 2014-06-30 | $13.15B | 2.27% |
| 2014-03-31 | $12.85B | 29.98% |
| 2013-12-31 | $9.89B | -12.82% |
| 2013-09-30 | $11.34B | 12.93% |
| 2013-06-30 | $10.04B | -1.38% |
| 2013-03-31 | $10.19B | -77.82% |
| 2012-12-31 | $45.91B | 249.30% |
| 2012-09-30 | $13.14B | -18.54% |
| 2012-06-30 | $16.14B | 67.68% |
| 2012-03-31 | $9.62B | -17.72% |
| 2011-12-31 | $11.70B | -21.60% |
| 2011-09-30 | $14.92B | 21.80% |
| 2011-06-30 | $12.25B | 20.23% |
| 2011-03-31 | $10.19B | 25.66% |
| 2010-12-31 | $8.11B | -18.26% |
| 2010-09-30 | $9.92B | -10.29% |
| 2010-06-30 | $11.05B | 18.96% |
| 2010-03-31 | $9.29B | 7.31% |
| 2009-12-31 | $8.66B | 1.11% |
| 2009-09-30 | $8.56B | 24.01% |
| 2009-06-30 | $6.91B | -19.35% |
| 2009-03-31 | $8.56B | 22.93% |
| 2008-12-31 | $6.97B | -0.99% |
| 2008-09-30 | $7.04B | -8.73% |
| 2008-06-30 | $7.71B | 1.92% |
| 2008-03-31 | $7.56B | -14.12% |
| 2007-12-31 | $8.81B | - |
Prudential Financial generated $14.88B in revenue during Q2 2024, up -36.69% compared to the previous quarter, and up 87.32% compared to the same period a year ago.
Prudential Financial Revenue Breakdown
Prudential Financial Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Group Insurance | $6.29B | $5.56B | $5.58B | $5.17B | $5.02B |
| Corporate and Other | $468.00M | $500.00M | $848.00M | $1.58B | $400.00M |
| PGIM1 | $3.64B | $3.62B | $4.49B | $4.15B | $3.59B |
| Individual Life | $6.27B | $3.63B | $3.25B | $3.35B | $3.08B |
| International Insurance | - | $14.99B | $15.98B | $16.16B | $17.23B |
| Closed Block Division | - | $1.70B | $1.79B | - | - |
| Assurance IQ | - | - | - | $391.00M | $101.00M |
| Retirement | - | - | $10.83B | $6.53B | $9.49B |
| Individual Annuities | - | - | $2.49B | $2.40B | $2.75B |
Prudential Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Group Insurance (37.71%), Individual Life (37.65%), PGIM1 (21.83%), and Corporate and Other (2.81%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Individual Life | $1.58B | $3.18B | $1.56B | $1.53B | $1.69B | $1.62B | $2.01B | $1.76B | $1.81B | $1.84B | $1.62B | $1.64B | $1.70B | $1.61B | $1.56B | $1.53B | $1.60B | $1.53B | $1.51B | $1.48B |
| Retirement | $12.75B | $2.64B | $2.64B | $8.39B | $2.68B | $2.59B | $3.92B | $2.69B | $2.99B | $2.44B | $6.58B | $2.26B | $3.59B | $2.64B | - | - | - | - | - | - |
| PGIM1 | $990.00M | $1.89B | $849.00M | $898.00M | $960.00M | $907.00M | $829.00M | $926.00M | $1.10B | $1.07B | $1.01B | $1.31B | $1.35B | $1.07B | $957.00M | $778.00M | $938.00M | $855.00M | $926.00M | $870.00M |
| Corporate and Other | $30.00M | $298.00M | $54.00M | $116.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Group Insurance | $1.63B | $3.12B | $1.60B | $1.56B | $1.56B | $1.53B | $1.50B | $1.54B | $1.59B | $1.55B | $1.52B | $1.56B | $1.43B | $1.46B | $1.47B | $1.42B | $1.41B | $1.44B | $1.46B | $1.44B |
| International Insurance | - | - | $4.72B | $5.01B | $4.75B | $4.86B | $4.74B | $5.73B | $5.27B | $5.62B | $5.09B | $5.93B | $5.38B | $5.48B | $5.23B | $6.16B | $5.77B | $5.77B | $5.50B | $6.15B |
| Assurance IQ | - | - | - | - | $225.00M | $99.00M | $79.00M | $107.00M | $227.00M | $110.00M | $113.00M | $108.00M | $197.00M | $75.00M | $59.00M | $60.00M | - | - | - | - |
| Closed Block Division | - | - | - | - | - | $711.00M | $529.00M | $965.00M | $1.32B | $1.61B | $1.36B | $1.30B | $1.34B | $677.00M | $1.48B | - | - | - | - | - |
| Individual Annuities | - | - | - | - | - | - | - | $1.21B | $1.23B | $1.26B | $1.23B | $1.20B | $1.19B | $1.15B | $953.00M | $1.15B | $1.22B | $1.25B | $1.29B | $1.24B |
Prudential Financial's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Retirement (75.07%), Group Insurance (9.62%), Individual Life (9.30%), PGIM1 (5.83%), and Corporate and Other (0.18%).
Prudential Financial Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| JAPAN | $15.54B | $15.68B | $18.85B | $19.86B | $19.63B |
| UNITED STATES | $31.03B | $38.85B | $45.29B | $34.92B | $40.87B |
| Non-US and excluding Japan | - | $5.52B | $6.80B | - | - |
| Non-US | - | - | - | $22.11B | $23.94B |
| KOREA, REPUBLIC OF | - | - | - | $364.00M | $1.64B |
Prudential Financial's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (66.63%), and JAPAN (33.37%).
Prudential Financial Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| MET | MetLife | $66.41B | $17.82B |
| MFC | Manulife Financial | $42.31B | $12.55B |
| AFL | Aflac | $18.70B | $5.14B |
| UNM | Unum Group | $12.39B | $3.23B |
| LNC | Lincoln National | $11.64B | $5.15B |
| PUK | Prudential | $10.86B | $5.37B |
| GL | Globe Life | $5.45B | $1.44B |
| BHF | Brighthouse Financial | $4.12B | $1.64B |
| JXN | Jackson Financial | $3.16B | $-322.00M |
| PRU | Prudential Financial | $-3.17B | $14.88B |
PRU Revenue FAQ
What is Prudential Financial’s yearly revenue?
Prudential Financial's yearly revenue for 2023 was $-3.169B, representing a decrease of -105.28% compared to 2022. The company's yearly revenue for 2022 was $60.05B, representing a decrease of -2.21% compared to 2021. PRU's yearly revenue for 2021 was $61.41B, representing an increase of 23.23% compared to 2020.
What is Prudential Financial’s quarterly revenue?
Prudential Financial's quarterly revenue for Q2 2024 was $14.88B, a -36.69% decrease from the previous quarter (Q1 2024), and a 25.12% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $23.51B, a 51.15% increase from the previous quarter (Q4 2023), and a 37.92% increase year-over-year (Q1 2023). PRU's quarterly revenue for Q4 2023 was $15.55B, a 86.22% increase from the previous quarter (Q3 2023), and a 16.64% increase year-over-year (Q4 2022).
What is Prudential Financial’s revenue growth rate?
Prudential Financial's revenue growth rate for the last 3 years (2021-2023) was -105.16%, and for the last 5 years (2019-2023) was -105.54%.
What are Prudential Financial’s revenue streams?
Prudential Financial's revenue streams in c 23 are Group Insurance, Corporate and Other, PGIM1, and Individual Life. Group Insurance generated $6.28B in revenue, accounting 37.71% of the company's total revenue, up 12.96% year-over-year. Corporate and Other generated $468M in revenue, accounting 2.81% of the company's total revenue, down -6.40% year-over-year. PGIM1 generated $3.64B in revenue, accounting 21.83% of the company's total revenue, up 0.44% year-over-year. Individual Life generated $6.27B in revenue, accounting 37.65% of the company's total revenue, up 73.08% year-over-year.
What is Prudential Financial’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Prudential Financial was Group Insurance. This segment made a revenue of $6.28B, representing 37.71% of the company's total revenue.