Prudential Financial (Prudential Financial) Pre-Tax Income

: $3,072 Mil (TTM As of Dec. 2023)

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Pretax income is the income that a company earns before paying income taxes. Prudential Financial's pretax income for the three months ended in Dec. 2023 was $1,662 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $3,072 Mil. Prudential Financial's pretax margin was 10.69%.

During the past 13 years, Prudential Financial's highest Pretax Margin was 15.23%. The lowest was -3.32%. And the median was 7.76%.

Prudential Financial Pre-Tax Income Historical Data

The historical data trend for Prudential Financial's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Prudential Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

5,085.00

-323.00

10,835.00

-1,892.00

3,072.00

Prudential Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pre-Tax Income																-40.00	1,847.00	621.00	-1,058.00	1,662.00

Competitive Comparison

For the Insurance - Life subindustry, Prudential Financial's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Prudential Financial Pre-Tax Income Distribution

For the Insurance industry and Financial Services sector, Prudential Financial's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Prudential Financial's Pre-Tax Income falls into.

Prudential Financial Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Prudential Financial's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Other
	=	0	+	3072
	=	3,072

Prudential Financial's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Other
	=	0	+	1662
	=	1,662

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,072 Mil.

Prudential Financial (NYSE:PRU) Pre-Tax Income Explanation

Prudential Financial's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	1662	/	15553
	=	10.69%

During the past 13 years, Prudential Financial's highest Pretax Margin was 15.23%. The lowest was -3.32%. And the median was 7.76%.

Prudential Financial Pre-Tax Income Related Terms

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Prudential Financial (Prudential Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Prudential Financial Inc (NYSE:PRU) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

PRU:Mexico PLL:Germany PLL:Germany P1DT34:Brazil PRU:Austria

Address

751 Broad Street, Newark, NJ, USA, 07102

Website

https://www.investor.prudential.com

Prudential Financial is a large, diversified insurance company offering annuities, life insurance, retirement plan services, and asset management products. While it operates in a number of countries, the vast majority of revenue is generated in the United States and Japan. The company's investment management business, PGIM, contributes approximately 15% of its earnings and has over $1.5 trillion in assets under management. The U.S. businesses are responsible for about 45% of earnings and can be classified into Institutional Retirement Strategies, Individual Retirement Strategies, Group Insurance, Individual Life Insurance, and Assurance IQ. Finally, the international business segment of the company contributes approximately 40% of earnings with a strong market position in Japan.

Executives

Kenneth Tanji	officer: EVP and CFO	751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Timothy L Schmidt	officer: Senior Vice President	751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Kathleen Murphy	director	751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Caroline Feeney	officer: Executive Vice President	751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Ann M Kappler	officer: EVP and General Counsel	PRUDENTIAL FINANCIAL, INC., 751 BROAD STREET, 5TH FLOOR, NEWARK NJ 07102
Robert Axel	officer: SVP and Controller	751 BROAD STREET, 5TH FLOOR, ATTN.: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Andrew F Sullivan	officer: Executive Vice President	751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Nicholas C Silitch	officer: Senior Vice President	751 BROAD STREET, 5TH FLR, ATTN.: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Scott Sleyster	officer: Senior Vice President	751 BROAD STREET, 5TH FLOOR, ATTN.: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Robert Falzon	officer: EVP and CFO	751 BROAD STREET, 5TH FLOOR, ATTN.: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Charles F Lowrey	officer: Executive Vice President	751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Michael Todman	director	C/O TMA LIMITED, LLC, 500 RENAISSANCE DRIVE, SUITE 103B, ST. JOSEPH MI 49085
Wendy Elizabeth Jones	director	2025 HAMILTON AVE, SAN JOSE CA 95125
Stacey Goodman	officer: Executive Vice President	C/O CIT GROUP INC., ATTN:GENERAL COUNSEL, 1 CIT DRIVE, LIVINGSTON NJ 07039
Candace Woods	officer: Senior Vice President	751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102