Prudential Financial (FRA:PLL) Research & Development : €0 Mil (TTM As of Mar. 2024)

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What is Prudential Financial Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Prudential Financial's Research & Development for the three months ended in Mar. 2024 was €0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was €0 Mil.

Prudential Financial Research & Development Historical Data

The historical data trend for Prudential Financial's Research & Development 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 Research & Development Chart

Prudential Financial Annual Data

Trend

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Research & Development

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Prudential Financial Quarterly Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Prudential Financial Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

Prudential Financial (FRA:PLL) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Prudential Financial Research & Development Related Terms

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Prudential Financial (FRA:PLL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Prudential Financial Inc (FRA:PLL) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

PRU:USA PRU:Mexico 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.