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Prudential Financial PRU Variable Universal Life — Amortization expense

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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 pru:PolicyholderAccountBalanceUnearnedRevenueReserveAmortizationExpense.

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 variable universal life — amortization expense?
Prudential Financial (PRU) reported variable universal life — amortization expense of -$46M in Q1 2026.
How has Prudential Financial's variable universal life — amortization expense changed year-over-year?
Prudential Financial's variable universal life — amortization expense decreased by 0.0% year-over-year, from -$46M to -$46M.
What is the long-term trend for Prudential Financial's variable universal life — amortization expense?
Over 4 years (2021 to 2025), Prudential Financial's variable universal life — amortization expense has grown at a 11.2% compound annual growth rate (CAGR), from -$167M to -$255M.
What does variable universal life — amortization expense mean?
This represents the periodic expense recognized as the unearned revenue reserve for variable universal life policies is systematically released into income. It reflects the matching of revenue recognition with the provision of insurance services over the policy term.