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Prudential Financial PRU Guaranteed Universal Life — Deferred Policy Acquisition Cost

Other product segments

Variable Universal Life
$4.96B+11.1%

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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 us-gaap:DeferredPolicyAcquisitionCosts.

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 — deferred policy acquisition cost?
Prudential Financial (PRU) reported guaranteed universal life — deferred policy acquisition cost of $546M in Q1 2026.
What does guaranteed universal life — deferred policy acquisition cost mean?
This represents the capitalized costs directly associated with acquiring new insurance contracts, such as commissions and underwriting expenses, which are deferred and amortized over the life of the policy. It is a critical asset on the balance sheet that reflects the company's investment in future revenue streams. Changes in this balance indicate the pace of new business acquisition and the expected profitability of the underlying policy block.