Discontinued — last reported Q4 '24
Prudential Financial Gibraltar Life and Other — Profits deferred decreased by 10.1% to $275.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 12.4%, from $314.00M to $275.00M. Over 3 years (FY 2021 to FY 2024), Gibraltar Life and Other — Profits deferred shows a downward trend with a -13.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
A stable or growing balance indicates consistent long-term earnings potential, while a decline may signal lower future revenue recognition.
This represents the portion of insurance profits that are deferred and recognized over the life of the policy rather tha...
Comparable to 'Deferred Profit Liability' or 'Unearned Revenue' in life insurance accounting.
pru_segment_gibraltar_life_and_other_profits_deferred| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $435.75M | $435.75M | $435.75M | $423.00M | $336.00M | $425.00M | $371.00M | $373.00M | $292.00M | $352.00M | $314.00M | $312.00M | $256.00M | $306.00M | $275.00M |
| QoQ Change | — | +0.0% | +0.0% | -2.9% | -20.6% | +26.5% | -12.7% | +0.5% | -21.7% | +20.5% | -10.8% | -0.6% | -17.9% | +19.5% | -10.1% |
| YoY Change | — | — | — | — | -22.9% | -2.5% | -14.9% | -11.8% | -13.1% | -17.2% | -15.4% | -16.4% | -12.3% | -13.1% | -12.4% |