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Prudential Financial PRU Closed Block division — Amortization of DAC

Other segment segments

Individual Retirement Strategies
$528M+22.8%
Individual Life
$433M-2.3%
Total Corporate and Other
-$62M-8.8%
Institutional Retirement Strategies
$23M+130%
Group Insurance
$9M+50.0%
PGIM
$0-100%

Similar metrics at other companies

Unum logo
UNMClosed Block — Amortization of Deferred Acquisition Costs
$0
Unum logo
UNMClosed Block — Supplementary Insurance Information Amortization Of Deferred Policy Acquisition Costs
$0
Unum logo
UNMClosed Block — Deferred Acquisition Costs
$0
Equitable Holdings logo
EQHCB — Deferred Policy Acquisition Costs, Amortization Expense
$2M0.0%
Jackson Financial logo
JXNClosed Life and Annuity Blocks — Deferred Acquisition and Sales Inducements Amortization
$2M0.0%
Voya Financial logo
VOYAInvestment Management — Amortization of DAC and VOBA
$0

Other financials

Income statement

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Revenue$15.5B+15.3%
Net income$597.0M-15.6%
EPS (diluted)$1.68-14.3%

Balance sheet

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Cash & equivalents$15.9B-0.8%
Total debt$18.9B-3.4%
Total equity$32.0B+7.0%
Total assets$765.40B+3.5%

Cash flow

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Operating cash flow$1.0B+140%

Valuation

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Market cap$37.6B-0.1%
Enterprise value$40.54B+2.3%
P/E10.9×-11.4×
P/S0.6×0.0×

Profitability

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Net margin5.5%+1.6pp

Returns & leverage

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Return on equity11.2%+3.0pp
Debt / equity0.6×-0.1×

Where this comes from

Reported directly by Prudential Financial in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationAmortizationOfDeferredPolicyAcquisitionCosts.

The official record: Prudential Financial’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Prudential Financial's closed block division — amortization of DAC?
Prudential Financial (PRU) reported closed block division — amortization of DAC of $3M in Q4 2025.
How has Prudential Financial's closed block division — amortization of DAC changed year-over-year?
Prudential Financial's closed block division — amortization of DAC decreased by 0.0% year-over-year, from $3M to $3M.
What is the long-term trend for Prudential Financial's closed block division — amortization of DAC?
Over 4 years (2021 to 2025), Prudential Financial's closed block division — amortization of DAC has grown at a -3.8% compound annual growth rate (CAGR), from $14M to $12M.
What does closed block division — amortization of DAC mean?
The periodic expense recognized to write down the deferred policy acquisition costs asset. This expense is matched against the revenue generated from the policies to which the acquisition costs relate.