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Prudential Financial PRU Guaranteed Universal Life — Amortization expense

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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 pru:PolicyholderAccountBalanceUnearnedRevenueReserveAmortizationExpense.

The official record: Prudential Financial’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Prudential Financial's guaranteed universal life — amortization expense?
Prudential Financial (PRU) reported guaranteed universal life — amortization expense of -$21M in Q1 2026.
What does guaranteed universal life — amortization expense mean?
This represents the periodic charge to earnings resulting from the amortization of deferred acquisition costs (DAC) and other intangible assets associated with Guaranteed Universal Life insurance policies. It reflects the systematic allocation of upfront costs over the expected life of the insurance contracts, adjusted for actual and expected policyholder behavior. This metric is critical for understanding the long-term profitability and capital efficiency of the life insurance segment.