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Prudential Financial PRU Closed Block division — Total Assets

Discontinued — last reported Q4 '23

Other segment segments

Retirement
$215.99B
Individual Life
$86.14B-28.6%

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Other financials

Income statement

See full
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$37B-14.2%
Enterprise value$39.95B-14.2%
P/E10.7×-7.6×
P/S0.6×-0.1×

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:Assets.

The official record: Prudential Financial’s 10-K, filed February 21, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Prudential Financial's closed block division — total assets?
Prudential Financial (PRU) reported closed block division — total assets of $51.09B in Q4 2023.
How has Prudential Financial's closed block division — total assets changed year-over-year?
Prudential Financial's closed block division — total assets increased by 0.3% year-over-year, from $50.93B to $51.09B.
What is the long-term trend for Prudential Financial's closed block division — total assets?
Over 2 years (2021 to 2023), Prudential Financial's closed block division — total assets has grown at a -8.3% compound annual growth rate (CAGR), from $240.25B to $201.85B.
What does closed block division — total assets mean?
The total value of all assets held to support the obligations of this specific business segment.
How do you interpret closed block division — total assets?
Growth in assets generally reflects the scale of the portfolio, though it must be balanced against the growth of corresponding liabilities to ensure solvency.
How does closed block division — total assets compare across companies?
Comparable to 'Segment Assets' or 'Allocated Assets' in the financial disclosures of diversified insurance companies.