Prudential Financial (PRU) Payables (2019 - 2023)
Prudential Financial (PRU) posted Payables of $615 million for Q3 2023, down 19.8% from $767 million a year earlier and down 19.4% from the prior quarter.
Analysis
Prudential Financial (PRU) Payables (2019 - 2023) Analysis & Trends
At the end of FY2022, Prudential Financial's Payables came in at $775 million.
- Annual Payables shows a three-year compound annual growth rate of -26.3% (FY2019 to FY2022).
- In prior years, Prudential Financial's Payables was $925 million in FY2020 (-52.1%) and $1.93 billion in FY2019.
- The Q3 2023 figure stands as the lowest quarterly Payables since Q2 2022.
- On a year-over-year basis, Payables increased in 1 of the last four quarters, with an average decline of 9.3%.
- The strongest year-over-year quarter for Payables in the past five years was Q2 2023, with growth of 36.7%; the weakest was Q1 2021, with a decline of 65.9%.
- According to Business Quant data, Payables for the three prior quarters was $763 million (Q2 2023), $705 million (Q1 2023) and $775 million (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 138.78 Bn | 85.36 Bn | 9.13 Bn | 10.73 Bn |
| 2 | Progressive | 130.21 Bn | 106.04 Bn | 9.04 Bn | 9.24 Bn |
| 3 | Marsh & Mclennan Companies | 91.84 Bn | 84.00 Bn | - | 4.05 Bn |
| 4 | Travelers Companies | 84.58 Bn | 60.83 Bn | 6.23 Bn | - |
| 5 | Manulife Financial | 77.09 Bn | -17.79 Bn | - | 41.59 Bn |
| 6 | Arthur J. Gallagher | 67.53 Bn | 61.93 Bn | - | 1.52 Bn |
| 7 | Metlife | 65.52 Bn | -41.26 Bn | 7.82 Bn | 460.00 Mn |
| 8 | Allstate | 64.71 Bn | 25.98 Bn | 8.73 Bn | - |
| 9 | Aon | 63.66 Bn | 56.88 Bn | - | 2.27 Bn |
| 10 | Prudential Financial | 39.83 Bn | -90.48 Bn | 7.91 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 615.00 Mn |
| Jun 30, 2023 | 763.00 Mn |
| Mar 31, 2023 | 705.00 Mn |
| Dec 31, 2022 | 775.00 Mn |
| Sep 30, 2022 | 767.00 Mn |
| Jun 30, 2022 | 558.00 Mn |
| Mar 31, 2022 | 544.00 Mn |
| Dec 31, 2021 | 722.00 Mn |
| Sep 30, 2021 | 909.00 Mn |
| Jun 30, 2021 | 909.00 Mn |
| Mar 31, 2021 | 867.00 Mn |
| Dec 31, 2020 | 925.00 Mn |
| Sep 30, 2020 | 1.11 Bn |
| Jun 30, 2020 | 1.13 Bn |
| Mar 31, 2020 | 2.54 Bn |
| Dec 31, 2019 | 1.93 Bn |
API Access
Prudential Financial Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=PRU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "PRU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=PRU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();