Prudential (PUK) Beginning Cash Balance (2009 - 2024)
Prudential (PUK) posted quarterly Beginning Cash Balance of $4.8 billion for Q3 2024, down 13.84% year-on-year from $5.5 billion in Q3 2023, and down 13.84% on a QoQ basis from $5.5 billion in Q4 2023.
Prudential (PUK) Beginning Cash Balance (2009 - 2024) Analysis & Trends
Prudential (PUK) has reported Beginning Cash Balance for 16 consecutive years, with $4.8 billion the latest figure, recorded in Q3 2024.
- Quarterly Beginning Cash Balance fell 13.84% year-over-year to $4.8 billion in Q3 2024, while the trailing twelve-month figure through Aug 2024 was $22.9 billion (down 17.05% YoY) and the FY2023 annual result came in at $5.5 billion, down 23.1% from the prior year.
- Beginning Cash Balance retreated to $4.8 billion in Q3 2024 per PUK's latest filing, from $5.5 billion in the prior quarter.
- Over the last five years, Beginning Cash Balance for PUK reached as high as $8.0 billion in Q4 2021 and fell as low as $4.8 billion in Q3 2024.
- A 5-year average of $6.3 billion and a median of $6.2 billion in 2020 frame the typical range for Beginning Cash Balance.
- Annual changes were most pronounced in 2020 — Beginning Cash Balance sank 54.9% — and 2021, when it grew 15.12%.
- Year by year, Beginning Cash Balance stood at $7.0 billion in 2020, then increased by 15.12% to $8.0 billion in 2021, then fell by 10.58% to $7.2 billion in 2022, then decreased by 23.1% to $5.5 billion in 2023, then retreated by 13.84% to $4.8 billion in 2024.
- According to Business Quant data, Beginning Cash Balance over the past three periods registered $4.8 billion, $5.5 billion, and $5.5 billion for Q3 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Prudential | 75.05 Bn | 67.97 Bn | - |
| 2 | Aflac | 63.80 Bn | 58.14 Bn | 2.51 Bn |
| 3 | Metlife | 60.34 Bn | 44.39 Bn | 256.00 Mn |
| 4 | Manulife Financial | 52.65 Bn | 53.78 Bn | - |
| 5 | Unum | 14.19 Bn | 4.23 Bn | 1.40 Bn |
| 6 | Primerica | 9.76 Bn | 9.08 Bn | 770.81 Mn |
| 7 | Jackson Financial | 8.17 Bn | 3.03 Bn | - |
| 8 | Lincoln National | 7.81 Bn | -1.09 Bn | 3.25 Bn |
| 9 | F&G Annuities & Life | 3.87 Bn | 1.67 Bn | 1.15 Bn |
| 10 | Genworth Financial | 3.84 Bn | 2.75 Bn | 553.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Aug 28, 2024 | 4.75 Bn |
| Aug 28, 2024 | 4.75 Bn |
| Dec 31, 2023 | 5.51 Bn |
| Dec 31, 2023 | 5.51 Bn |
| Aug 30, 2023 | 5.51 Bn |
| Aug 30, 2023 | 5.51 Bn |
| Dec 31, 2022 | 7.17 Bn |
| Dec 31, 2022 | 7.17 Bn |
| Dec 31, 2021 | 8.02 Bn |
| Dec 31, 2021 | 8.02 Bn |
| Dec 31, 2020 | 6.97 Bn |
| Dec 31, 2020 | 6.97 Bn |
| Dec 31, 2019 | 15.44 Bn |
| Dec 31, 2019 | 15.44 Bn |
| Dec 31, 2018 | 13.76 Bn |
| Dec 31, 2018 | 13.76 Bn |
| Dec 31, 2017 | 13.36 Bn |
| Dec 31, 2017 | 13.36 Bn |
| Dec 31, 2016 | 9.67 Bn |
| Dec 31, 2016 | 9.67 Bn |