Discontinued — last reported Q4 '24

Business Segments · General and Administrative Expenses

PGIM — General and Administrative Expenses

Prudential Financial PGIM — General and Administrative Expenses remained flat by 0.0% to $777.50M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 10.7%, from $702.50M to $777.50M. Over 2 years (FY 2022 to FY 2024), PGIM — General and Administrative Expenses shows an upward trend with a 6.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2024

How to read this metric

An increase relative to revenue suggests declining operational efficiency or increased investment in infrastructure.

Detailed definition

These are the core operating costs required to run the asset management business, including personnel, technology, and o...

Peer comparison

Standard operating expense metric used across all industries to measure overhead control.

Metric ID: pru_segment_pgim_general_and_administrative_expenses

Historical Data

3 years
 FY'22FY'23FY'24
Value$2.72B$2.81B$3.11B
YoY Change+3.3%+10.7%
Range$2.72B$3.11B
CAGR+6.9%
Avg YoY Growth+7.0%
Median YoY Growth+7.0%
Current Streak2+ years growth

Frequently Asked Questions

What is Prudential Financial's pgim — general and administrative expenses?
Prudential Financial (PRU) reported pgim — general and administrative expenses of $777.50M in Q4 2024.
How has Prudential Financial's pgim — general and administrative expenses changed year-over-year?
Prudential Financial's pgim — general and administrative expenses increased by 10.7% year-over-year, from $702.50M to $777.50M.
What is the long-term trend for Prudential Financial's pgim — general and administrative expenses?
Over 2 years (2022 to 2024), Prudential Financial's pgim — general and administrative expenses has grown at a 6.9% compound annual growth rate (CAGR), from $2.72B to $3.11B.
What does pgim — general and administrative expenses mean?
The total overhead costs required to operate the business segment.