# Prudential Financial, Inc. (PRU) FY2024 Annual P&L / Income Statement

- Company: Prudential Financial, Inc. (PRU)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-13, accession number 0001137774-25-000044
- Page: https://plicit.ai/financials/pru/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/pru-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-01-01 through 2024-12-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 70,405,000,000 US dollars
- **Total benefits and expenses**: 67,196,000,000 US dollars
- **Operating profit (calculated)**: 3,209,000,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF JOINT VENTURES AND OTHER OPERATING ENTITIES**: 3,209,000,000 US dollars
- **Total income tax expense (benefit)**: 507,000,000 US dollars
- **NET INCOME (LOSS)**: 2,846,000,000 US dollars
- **Premiums (includes $73, $323 and $(377) of gains (losses) from changes in estimates on deferred profit liability amortization for the year ended December 31, 2024, 2023 and 2022, respectively)**: 42,897,000,000 US dollars
- **Policy charges and fee income**: 4,298,000,000 US dollars
- **Net investment income**: 19,909,000,000 US dollars
- **Asset management and service fees**: 4,090,000,000 US dollars
- **Other income (loss)**: 3,037,000,000 US dollars
- **Policyholders’ benefits**: 47,119,000,000 US dollars
- **Change in estimates of liability for future policy benefits**: negative 37,000,000 US dollars
- **Interest credited to policyholders’ account balances**: 4,582,000,000 US dollars
- **Dividends to policyholders**: 698,000,000 US dollars
- **Amortization of deferred policy acquisition costs**: 1,492,000,000 US dollars
- **Goodwill impairment**: 0 US dollars
- **General and administrative expenses**: 13,342,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 74,231,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Realized investment gains (losses), net**: negative 3,429,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Change in value of market risk benefits, net of related hedging gains (losses)**: negative 397,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Equity in earnings of joint ventures and other operating entities, net of taxes**: 144,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/pru/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/pru-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 70,405,000,000 US dollars
- **Total benefits and expenses**: 67,196,000,000 US dollars
- **Operating profit (calculated)**: 3,209,000,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF JOINT VENTURES AND OTHER OPERATING ENTITIES**: 3,209,000,000 US dollars
- **Total income tax expense (benefit)**: 507,000,000 US dollars
- **NET INCOME (LOSS)**: 2,846,000,000 US dollars
- **UNITED STATES**: 48,568,000,000 US dollars
- **JAPAN**: 13,760,000,000 US dollars
- **Other Countries**: 8,077,000,000 US dollars
- **Policyholders’ benefits**: 47,119,000,000 US dollars
- **Change in estimates of liability for future policy benefits**: negative 37,000,000 US dollars
- **Interest credited to policyholders’ account balances**: 4,582,000,000 US dollars
- **Dividends to policyholders**: 698,000,000 US dollars
- **Amortization of deferred policy acquisition costs**: 1,492,000,000 US dollars
- **Goodwill impairment**: 0 US dollars
- **General and administrative expenses**: 13,342,000,000 US dollars
- **Equity in earnings of joint ventures and other operating entities, net of taxes**: 144,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.