Business Segments · Amortization expense
PGIM — Amortization expense
Prudential Financial PGIM — Amortization expense remained flat by 0.0% to $500.00K in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 50.0%, from $1.00M to $500.00K. Over 3 years (FY 2021 to FY 2024), PGIM — Amortization expense shows a downward trend with a -30.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
How to read this metric
High levels may indicate significant past acquisition activity or heavy investment in distribution channels.
Detailed definition
This metric tracks the systematic allocation of the cost of intangible assets or deferred acquisition costs over their u...
Peer comparison
Standard across all firms with significant intangible assets or capitalized acquisition costs.
Metric ID:
pru_segment_pgim_amortization_expenseHistorical Data
15 periods
| 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 | $1.50M | $1.50M | $1.50M | $1.00M | $1.00M | $1.00M | $0.00 | $1.00M | $0.00 | $0.00 | $1.00M | $500.00K | $500.00K | $500.00K | $500.00K |
| QoQ Change | — | +0.0% | +0.0% | -33.3% | +0.0% | +0.0% | -100.0% | — | -100.0% | — | — | -50.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | -33.3% | -33.3% | -100.0% | +0.0% | -100.0% | -100.0% | — | -50.0% | — | — | -50.0% |
Range$0.00 – $1.50M
CAGR-26.9%
Avg YoY Growth-58.3%
Median YoY Growth-50.0%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Prudential Financial's pgim — amortization expense?
- Prudential Financial (PRU) reported pgim — amortization expense of $500.00K in Q4 2024.
- How has Prudential Financial's pgim — amortization expense changed year-over-year?
- Prudential Financial's pgim — amortization expense decreased by 50.0% year-over-year, from $1.00M to $500.00K.
- What is the long-term trend for Prudential Financial's pgim — amortization expense?
- Over 3 years (2021 to 2024), Prudential Financial's pgim — amortization expense has grown at a -30.7% compound annual growth rate (CAGR), from $6.00M to $2.00M.
- What does pgim — amortization expense mean?
- The periodic expense recognized for the gradual write-down of intangible assets.