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Prudential Financial PRU Individual Life — Gross assessments

Discontinued — last reported Q4 '23

Similar metrics at other companies

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RGAInsurance, Other — Policyholder Account Balance, Policy Charge
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GLOther — Policyholder Account Balance, Policy Charge
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METVariable Life — Assessments accrual
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HIGUniversal Life — Policyholder Account Balance, Policy Charge
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GLInterest Sensitive Life — Policyholder Account Balance, Policy Charge
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CRBGUniversal Life — Assessments

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$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 pru:AdditionalLiabilityLongDurationInsuranceGrossAssessment.

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 individual life — gross assessments?
Prudential Financial (PRU) reported individual life — gross assessments of $736.75M in Q4 2023.
How has Prudential Financial's individual life — gross assessments changed year-over-year?
Prudential Financial's individual life — gross assessments increased by 10.0% year-over-year, from $669.5M to $736.75M.
What is the long-term trend for Prudential Financial's individual life — gross assessments?
Over 2 years (2021 to 2023), Prudential Financial's individual life — gross assessments has grown at a -1.2% compound annual growth rate (CAGR), from $3.02B to $2.95B.
What does individual life — gross assessments mean?
The total fees and assessments charged to policyholders before any deductions.
How do you interpret individual life — gross assessments?
Growth in gross assessments indicates a larger or more fee-intensive policy base, supporting top-line revenue.
How does individual life — gross assessments compare across companies?
Similar to 'Gross Fee Income' or 'Total Policy Charges' at other financial services firms.