Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
113.1 USD | +0.21% | +1.40% | +9.03% |
Business Summary
- retirement insurance (25.4%);
- individual life insurance (11.4%);
- group insurance (10.3%): primarily life and disability insurances;
- individual fixed and variable annuity management (8.2%);
- portfolio and mutual fund management (7.5%): USD 1,524 billion in assets under management at the end of 2021;
- other (0.9%).
The remaining revenues (36.3%) are from international activities.
Revenues are distributed geographically as follows: the United States (63.8%), Japan (26.6%) and other (9.6%).
Number of employees: 40,366
Sales per Business
USD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
International Businesses
34.6
%
| 20,074 | 33.4 % | 18,682 | 34.6 % | -6.93% |
Institutional Retirement Strategies
20.4
%
| 19,441 | 32.4 % | 11,030 | 20.4 % | -43.26% |
Group Insurance
11.6
%
| 6,123 | 10.2 % | 6,285 | 11.6 % | +2.65% |
Individual Life
11.6
%
| 7,074 | 11.8 % | 6,274 | 11.6 % | -11.31% |
Individual Retirement Strategies
8.4
%
| 5,312 | 8.8 % | 4,517 | 8.4 % | -14.97% |
Closed Block
6.8
%
| 2,957 | 4.9 % | 3,666 | 6.8 % | +23.98% |
Global Investment Management
6.7
%
| 3,622 | 6.0 % | 3,638 | 6.7 % | +0.44% |
Reconciling Items
-1.1
%
| -4,598 | -7.7 % | -581 | -1.1 % | -87.36% |
Corporate and Other
0.9
%
| -465 | -0.8 % | 468 | 0.9 % | -200.65% |
Sales per region
USD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
United States
57.5
%
| 38,849 | 64.7 % | 31,031 | 57.5 % | -20.12% |
Japan
28.8
%
| 15,682 | 26.1 % | 15,538 | 28.8 % | -0.92% |
Other Countries
13.7
%
| 5,519 | 9.2 % | 7,410 | 13.7 % | +34.26% |
Managers
Managers | Title | Age | Since |
---|---|---|---|
Charles Lowrey
CEO | Chief Executive Officer | 66 | 01-02-28 |
Director of Finance/CFO | 51 | 96-12-31 | |
Stacey Goodman
CTO | Chief Tech/Sci/R&D Officer | 61 | 19-07-14 |
Tim Schmidt
CIO | Chief Investment Officer | 65 | 09-12-31 |
Robert Falzon
BRD | Director/Board Member | 64 | 82-12-31 |
Alan Finkelstein
IRC | Investor Relations Contact | - | 14-05-31 |
Bob McLaughlin
IRC | Investor Relations Contact | - | - |
Darin Arita
IRO | Public Communications Contact | - | 18-03-31 |
Bianka Douglas
PRN | Corporate Officer/Principal | - | - |
Andrew Gregg
PRN | Corporate Officer/Principal | - | 07-12-31 |
Members of the board
Members of the board | Title | Age | Since |
---|---|---|---|
Kathleen Murphy
BRD | Director/Board Member | 61 | 23-09-10 |
Christine Poon
BRD | Director/Board Member | 71 | 06-08-31 |
Director/Board Member | 68 | 13-11-10 | |
Gilbert Casellas
BRD | Director/Board Member | 71 | 00-12-31 |
Michael Todman
BRD | Director/Board Member | 66 | 16-03-07 |
Robert Falzon
BRD | Director/Board Member | 64 | 82-12-31 |
Director/Board Member | 63 | 10-09-30 | |
Charles Lowrey
CEO | Chief Executive Officer | 66 | 01-02-28 |
Sandra Pianalto
BRD | Director/Board Member | 69 | 15-06-30 |
Wendy Jones
BRD | Director/Board Member | 58 | 21-01-03 |
Share class
Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
---|---|---|---|---|---|
Stock A | 1 | 666,089,216 | 355,608,000 ( 53.39 %) | 307,089,216 ( 46.10 %) | 53.39 % |
Holdings
Name | Equities | % | Valuation |
---|---|---|---|
805,857,520 | 80.59% | 668,329,876 $ | |
805,857,520 | 80.59% | 164,950,976 $ | |
VERIS RESIDENTIAL, INC. 6.62% | 6,107,899 | 6.62% | 89,175,325 $ |
1,667,984 | 1.05% | 29,568,219 $ | |
540,925,109 | 75.62% | 21,096,079 $ | |
244,000 | 38.13% | 7,132,120 $ | |
166,667 | 29.41% | 6,198,346 $ | |
160 | 100.00% | 6,744 $ |
Company contact information
Prudential Financial, Inc.
751 Broad Street 23rd floor
07102, Newark
+973 802 6000
http://www.prudential.comGroup companies
Name | Category and Sector |
---|---|
Fortitude Life Insurance & Annuity Co.
Fortitude Life Insurance & Annuity Co. Insurance Brokers/ServicesFinance Fortitude Life Insurance & Annuity Co. provides insurance services. It develops long-term savings and retirement products. The company was founded in 1987 and is headquartered in Jersey City, NJ. |
Insurance Brokers/Services
|
Pruco Life Insurance Co.
Pruco Life Insurance Co. Life/Health InsuranceFinance Pruco Life Insurance Co. is a life insurance company, which provides financial planning services. It offers individual annuities, term, variable, and universal life insurance. The company was founded in 1971 and is headquartered in Newark, NJ. |
Life/Health Insurance
|
Prudential Individual Variable Contract Account
|
Investment Trusts/Mutual Funds
|
PGIM, Inc.
PGIM, Inc. Investment ManagersFinance PGIM, Inc. is a SEC-registered investment advisor headquartered in Newark, New Jersey. The firm was founded in 1984 and is a direct subsidiary of PGIM Holding Co. LLC, ultimately owned by Prudential Financial, Inc. (NYSE: PRU). PGIM provides institutional clients with investment solutions worldwide. It is comprised of autonomous asset management businesses each specializing in a particular asset class with a focused investment approach: PGIM Institutional Advisory & Solutions (provides advisory services to institutional clients located in the US and outside of the US), PGIM Fixed Income (an adviser primarily focused on public fixed income investments), PGIM Real Estate (a provider of real estate investment advisory services) and PGIM Capital Group (a private fixed income investment adviser, also known as Prudential Capital Group). |
Investment Managers
|
Prudential's Annuity Plan Account-2
|
Investment Trusts/Mutual Funds
|
Union Carbide Corp.
Union Carbide Corp. Chemicals: Major DiversifiedProcess Industries Union Carbide Corp. engages in the production of chemicals and polymers. The firm operates through the following geographical segments: United States, Asia Pacific and Rest of the World. Its products include polyethylene and polypropylene, ethylene glycol, isopropanol, ethyleneamines, biocides, surfactants, deicing and anti-icing fluids, amines, solution vinyl resins and polyethylene glycols. The company was founded on November 1, 1917 and is headquartered in Seadrift, TX. |
Chemicals: Major Diversified
|
Jennison Associates LLC
Jennison Associates LLC Investment ManagersFinance Jennison Associates LLC is a SEC-registered investment advisor and mutual fund manager which was founded in 1969 by Spiros Segalas and six colleagues. The firm was acquired by The Prudential Insurance Company of America (PICA) in 1985. They are a subsidiary of PGIM, Inc., ultimately held by Prudential Financial, Inc. (NYSE: PRU). Headquartered in New York City, Jennison Associates provides portfolio management services to corporate pension and profit-sharing plans, Taft-Hartley plans, charitable institutions, foundations, endowments, municipalities and other governmental entities, trusts, registered mutual funds and their investment managers and other financial institutions, individuals (primarily through wrap fee programs), collective and common trusts, private funds, insurance companies, sovereign funds, foreign funds such as UCITs and SICAVs, and other US and international institutions. |
Investment Managers
|
PGIM Real Estate Finance LLC
PGIM Real Estate Finance LLC Finance/Rental/LeasingFinance Part of Prudential Financial, Inc., PGIM Real Estate Finance LLC is a private company that provides mortgage services. The company is based in Newark, NJ. David Durning has been the CEO of the company since 1988. |
Finance/Rental/Leasing
|
PGIM Quantitative Solutions LLC
PGIM Quantitative Solutions LLC Investment ManagersFinance PGIM Quantitative Solutions LLC is a SEC-registered investment advisor headquartered in Newark, New Jersey. The firm was founded in 1975 and formerly known as Quantitative Management Associates LLC and QMA LLC. They are a subsidiary of PGIM, Inc., ultimately owned by Prudential Financial, Inc. (NYSE: PRU). PGIM Quantitative Solutions acts as an investment manager primarily for various private funds as well as to pooled vehicles (as sub-adviser) on affiliated platforms and provides advisory services to separately managed accounts. |
Investment Managers
|
Sales per Business
Sales per region
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+9.03% | 40.62B | |
+16.09% | 81.89B | |
+9.71% | 52.46B | |
+2.41% | 48.75B | |
+11.34% | 43.46B | |
+19.08% | 38.97B | |
+7.48% | 31.83B | |
-2.94% | 29.31B | |
-11.16% | 27.44B | |
+25.43% | 23.29B |
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