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

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

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.