Company

Prudential Financial, Inc.

Headquarters: Newark, NJ, United States

Founded: 1875

Employees: 40,916

CEO: Mr. Charles Frederick Lowrey Jr.

NYSE: PRU -1.40%

Market Cap

$37.14 Billion

USD as of Jan. 1, 2024

Market Cap History

Company Description

Prudential Financial, Inc. is engaged in insurance, investment management, and other financial products and services to individual and institutional customers through its subsidiaries. It notably provides life insurance, annuities, mutual funds, pension- and retirement-related investments, administration and asset management, securities brokerage services. Prudential operates in the United States, Asia, Europe, and Latin America

Prudential Financial, Inc. market capitalization over time

Evolution of Prudential Financial, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Prudential Financial, Inc.

Detailed Description

Prudential Financial, Inc., together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through eight segments: PGIM, Retirement, Group Insurance, Individual Annuities, Individual Life, Assurance IQ, International Businesses, and Closed Block. The company offers investment management services and solutions related to public fixed income, public equity, real estate debt and equity, private credit and other alternatives, and multi-asset class strategies to institutional and retail clients, as well as its general account. It also provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; and group life, long-term and short-term group disability, and group corporate-, bank-, and trust-owned life insurance in the United States, primarily to institutional clients for use in connection with employee and membership benefits plans, as well as sells accidental death and dismemberment, and other supplemental health solutions; and provides plan administration services in connection with its insurance coverages. In addition, the company develops and distributes individual variable and fixed annuity products, principally to the mass affluent and affluent markets; and individual variable, term, and universal life insurance products to the mass middle, mass affluent, and affluent markets in the United States. Further, it provides third-party life, health, Medicare, property and casualty, and term life products to retail shoppers through its digital and independent agent channels. The company offers its products and services to individual and institutional customers through its proprietary and third-party distribution networks. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.

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Stocks & Indices

Prudential Financial, Inc. has the following listings and related stock indices.


Stock: NYSE: PRU wb_incandescent

Stock: BMV: PRU wb_incandescent

Stock: Bovespa: P1DT34 wb_incandescent

Stock: XETR: PLL wb_incandescent

Product & Services

Life insuranceMutual fundsRetirementAnnuityReal estate

Key People

Founder(s): John F. Dryden

Charles Lowrey (Chairman and CEO) Robert Falzon (Vice Chairman)

Financials

Revenue: US$57.033 billion (2020)

Operating income: US$-323 million (2020)

Net income: US$-374 million (2020)


Total assets: US$940.722 billion (2020)

Total equity: US$68.210 billion (2020)

Details

Headquarters:

751 Broad Street

Newark, NJ 07102

United States

Phone: 973-802-6000