Prudential Financial, Inc. (PRU)
NYSE: PRU · Real-Time Price · USD
122.11
+0.83 (0.68%)
Aug 10, 2026, 4:00 PM EDT - Market closed
Prudential Financial Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 3,596 | 3,732 | 2,846 | 2,508 | -1,675 | 8,938 |
Depreciation & Amortization | 432 | 128 | 383 | -70 | 117 | 206 |
Other Adjustments | 6,356 | 7,376 | 6,582 | 4,284 | 4,377 | -7,289 |
Changes in Reinsurance Contract Assets | -2,271 | -2,263 | -2,731 | -683 | -868 | - |
Changes in Deferred Acquisition Costs | -1,053 | -1,215 | -1,111 | -869 | -722 | -1,043 |
Changes in Claims Reserves | 4,223 | 3,493 | 4,803 | 5,489 | 6,132 | 8,741 |
Changes in Income Taxes Payable | -136 | -493 | -146 | -442 | -1,594 | 259 |
Changes in Other Operating Activities | - | -4,487 | -2,124 | -3,707 | -609 | - |
Operating Cash Flow | 9,785 | 6,271 | 8,502 | 6,510 | 5,158 | 9,812 |
Operating Cash Flow Growth | 1162.58% | -26.24% | 30.60% | 26.21% | -47.43% | 17.26% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Purchases of Investments | -141,151 | -129,594 | -140,250 | -102,164 | -123,450 | -143,280 |
Proceeds from Sale of Investments | 111,559 | 104,084 | 112,411 | 92,047 | 117,369 | 138,831 |
Proceeds from Business Divestments | - | - | - | - | 422 | 132 |
Other Investing Activities | -1,011 | -382 | -746 | -2,005 | -1,979 | -1,025 |
Investing Cash Flow | -30,603 | -25,892 | -28,585 | -12,122 | -7,638 | -5,342 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | 2,643 | 2,759 | 2,859 | 2,076 | 2,843 | 268 |
Long-Term Debt Repaid | -1,915 | -1,985 | -1,431 | -2,318 | -1,184 | -2,072 |
Net Long-Term Debt Issued (Repaid) | 728 | 774 | 1,428 | -242 | 1,659 | -1,804 |
Issuance of Common Stock | 110 | 109 | 201 | 126 | 163 | 200 |
Repurchase of Common Stock | -980 | -1,000 | -1,000 | -1,012 | -3,488 | -2,500 |
Net Common Stock Issued (Repurchased) | -870 | -891 | -799 | -886 | -3,325 | -2,300 |
Common Dividends Paid | -1,937 | -1,926 | -1,891 | -1,846 | -1,817 | -1,814 |
Other Financing Activities | 23,252 | 22,816 | 20,656 | 10,713 | 6,416 | 2,543 |
Financing Cash Flow | 20,714 | 20,773 | 19,394 | 7,739 | 4,933 | -3,011 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -7 | 77 | -254 | 37 | -159 | -309 |
Net Cash Flow | -111 | 1,229 | -943 | 2,164 | 4,588 | 2,300 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 9,785 | 6,271 | 8,502 | 6,510 | 5,158 | 9,812 |
Free Cash Flow Growth | 1162.58% | -26.24% | 30.60% | 26.21% | -47.43% | 17.26% |
FCF Margin | 15.57% | 10.32% | 12.08% | 12.06% | 9.07% | 13.77% |
Free Cash Flow Per Share | 27.79 | 17.73 | 23.66 | 17.86 | 13.85 | 25.15 |
Levered Free Cash Flow | -336 | -3,980 | -1,574 | -3,525 | -3,664 | 6,486 |
Unlevered Free Cash Flow | 29,094 | -4,727 | -3,027 | -3,312 | -5,289 | 8,262 |