Discontinued — last reported Q1 '24
Business Segments · Deferred Sale Inducement Cost
Individual Retirement Strategies — Deferred Sale Inducement Cost
Prudential Financial Individual Retirement Strategies — Deferred Sale Inducement Cost decreased by 4.0% to $403.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 8.0%, from $438.00M to $403.00M.
Analysis
StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ1 2024
Rolls up toDeferred Sale Inducement Cost
How to read this metric
An increase suggests higher customer acquisition activity, while a decrease may indicate reduced marketing or lower sales volume.
Detailed definition
These are costs associated with incentives provided to customers to purchase retirement products, which are capitalized...
Peer comparison
Commonly referred to as Deferred Acquisition Costs (DAC) or similar deferral mechanisms in insurance accounting.
Metric ID:
pru_segment_individual_retirement_strategies_deferred_sale_inducement_costHistorical Data
9 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $799.00M | $783.00M | $465.00M | $455.00M | $446.00M | $438.00M | $428.00M | $420.00M | $403.00M |
| QoQ Change | — | -2.0% | -40.6% | -2.2% | -2.0% | -1.8% | -2.3% | -1.9% | -4.0% |
| YoY Change | — | — | — | — | -44.2% | -44.1% | -8.0% | -7.7% | -8.0% |
Range$403.00M – $799.00M
CAGR-29.0%
Avg YoY Growth-22.4%
Median YoY Growth-8.0%
Current Streak8+ quarters decline
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Frequently Asked Questions
- What is Prudential Financial's individual retirement strategies — deferred sale inducement cost?
- Prudential Financial (PRU) reported individual retirement strategies — deferred sale inducement cost of $403.00M in Q1 2024.
- How has Prudential Financial's individual retirement strategies — deferred sale inducement cost changed year-over-year?
- Prudential Financial's individual retirement strategies — deferred sale inducement cost decreased by 8.0% year-over-year, from $438.00M to $403.00M.
- What does individual retirement strategies — deferred sale inducement cost mean?
- Capitalized costs for incentives given to customers to buy retirement products.