Prudential Financial (Prudential Financial) Market Cap

: $39,683 Mil (As of Today)

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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Prudential Financial's share price for the quarter that ended in Dec. 2023 was $103.71. Prudential Financial's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 359 Mil. Therefore, Prudential Financial's market cap for the quarter that ended in Dec. 2023 was $37,254 Mil.

Prudential Financial's quarterly market cap increased from Jun. 2023 ($32,063 Mil) to Sep. 2023 ($34,285 Mil) and increased from Sep. 2023 ($34,285 Mil) to Dec. 2023 ($37,254 Mil).

Prudential Financial's annual market cap declined from Dec. 2021 ($40,729 Mil) to Dec. 2022 ($36,399 Mil) but then increased from Dec. 2022 ($36,399 Mil) to Dec. 2023 ($37,254 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Prudential Financial's Enterprise Value for Today is $53,015 Mil.

Prudential Financial Market Cap Historical Data

The historical data trend for Prudential Financial's Market Cap 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.

* Premium members only.

Prudential Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

37,386.51

30,949.84

40,729.20

36,398.68

37,254.29

Prudential Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Market Cap																36,398.68	30,271.42	32,063.29	34,285.09	37,254.29

Competitive Comparison

For the Insurance - Life subindustry, Prudential Financial's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution

For the Insurance industry and Financial Services sector, Prudential Financial's Market Cap distribution charts can be found below:

* The bar in red indicates where Prudential Financial's Market Cap falls into.

Prudential Financial Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

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

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	$103.71	*	359.216
	=	$37,254

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

Market Cap (Q: Dec. 2023 )	=	Share Price (Q: Dec. 2023 )	*	Shares Outstanding (EOP) (Q: Dec. 2023 )
	=	$103.71	*	359.216
	=	$37,254

Prudential Financial (NYSE:PRU) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Prudential Financial Market Cap 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 » Market Cap

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