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Prudential Financial (WBO:PRU) Gross-Profit-to-Asset % : 10.43% (As of Sep. 2024)


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What is Prudential Financial Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Prudential Financial's annualized Gross Profit for the quarter that ended in Sep. 2024 was €70,397 Mil. Prudential Financial's average Total Assets over the quarter that ended in Sep. 2024 was €674,721 Mil. Therefore, Prudential Financial's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 10.43%.


Prudential Financial Gross-Profit-to-Asset % Historical Data

The historical data trend for Prudential Financial's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

Prudential Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.66 5.93 7.86 7.27 7.59

Prudential Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.94 8.60 13.05 8.33 10.43

Competitive Comparison of Prudential Financial's Gross-Profit-to-Asset %

For the Insurance - Life subindustry, Prudential Financial's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Prudential Financial's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Prudential Financial's Gross-Profit-to-Asset % falls into.



Prudential Financial Gross-Profit-to-Asset % Calculation

Prudential Financial's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=49761.005/( (650443.376+661269.791)/ 2 )
=49761.005/655856.5835
=7.59 %

Prudential Financial's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=70396.932/( (664417.084+685024.894)/ 2 )
=70396.932/674720.989
=10.43 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Prudential Financial Gross-Profit-to-Asset % Related Terms

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Prudential Financial Business Description

Address
751 Broad Street, Newark, NJ, USA, 07102
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 10% of its earnings and has around $1.3 trillion in assets under management. The US businesses are responsible for about 50% 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.