Prudential Financial (PRU) Revenue & Revenue Breakdown

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Prudential Financial Revenue Highlights

Latest Revenue (Y)

$-3.17B

Latest Revenue (Q)

$19.49B

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
2024-09-30	$19.49B	30.95%
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 $19.49B in revenue during Q3 2024, up 30.95% compared to the previous quarter, and up 163.85% 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
Corporate and Other	$468.00M	$500.00M	$848.00M	$1.58B	$400.00M
Individual Life	$6.27B	$3.63B	$3.25B	$3.35B	$3.08B
Group Insurance	$6.29B	$5.56B	$5.58B	$5.17B	$5.02B
PGIM1	$3.64B	$3.62B	$4.49B	$4.15B	$3.59B
Assurance IQ	-	-	-	$391.00M	$101.00M
International Insurance	-	$14.99B	$15.98B	$16.16B	$17.23B
Closed Block Division	-	$1.70B	$1.79B	-	-
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	Sep 24	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
Group Insurance	$1.64B	$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
Individual Life	$1.55B	$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
Retirement	$10.78B	$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	-	-	-	-	-	-
Corporate and Other	-	$30.00M	$298.00M	$54.00M	$116.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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
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
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

Prudential Financial's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Retirement (77.18%), Group Insurance (11.76%), and Individual Life (11.06%).

Prudential Financial Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
UNITED STATES	$31.03B	$38.85B	$45.29B	$34.92B	$40.87B
JAPAN	$15.54B	$15.68B	$18.85B	$19.86B	$19.63B
Non-US and excluding Japan	-	$5.52B	$6.80B	-	-
KOREA, REPUBLIC OF	-	-	-	$364.00M	$1.64B
Non-US	-	-	-	$22.11B	$23.94B

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	$18.44B
MFC	Manulife Financial	$42.31B	$12.55B
AFL	Aflac	$18.70B	$2.95B
UNM	Unum Group	$12.39B	$3.22B
LNC	Lincoln National	$11.64B	$4.11B
PUK	Prudential	$10.86B	$5.37B
GL	Globe Life	$5.45B	$1.46B
BHF	Brighthouse Financial	$4.12B	$2.02B
JXN	Jackson Financial	$3.16B	$1.25B
PRU	Prudential Financial	$-3.17B	$19.49B

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 Q3 2024 was $19.49B, a 30.95% increase from the previous quarter (Q2 2024), and a 133.36% increase year-over-year (Q3 2023). The company'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). PRU'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).

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 Corporate and Other, Individual Life, Group Insurance, and PGIM1. Corporate and Other generated $468M in revenue, accounting 2.81% of the company's total revenue, down -6.40% 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. Group Insurance generated $6.28B in revenue, accounting 37.71% of the company's total revenue, up 12.96% year-over-year. PGIM1 generated $3.64B in revenue, accounting 21.83% of the company's total revenue, up 0.44% 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.