Prudential (PUK) Beginning Cash Balance (2009 - 2024)
Prudential (PUK) posted Beginning Cash Balance of $4.8 billion for Q3 2024, down 13.84% sequentially from $5.5 billion in Q4 2023, and down 13.84% YoY from $5.5 billion in Q3 2023.
Prudential (PUK) Beginning Cash Balance (2009 - 2024) Analysis & Trends
Prudential has reported Beginning Cash Balance for 16 years, with the latest figure at $4.8 billion 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 eased to $4.8 billion in Q3 2024 per PUK's latest filing, from $5.5 billion in the prior quarter.
- Over five years, Beginning Cash Balance peaked at $8.0 billion in Q4 2021 and troughed at $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.
- The sharpest annual moves came in 2020 and 2021: Beginning Cash Balance sank 54.9% in 2020, then advanced 15.12% in 2021.
- Over 5 years, Beginning Cash Balance stood at $7.0 billion in 2020, then advanced by 15.12% to $8.0 billion in 2021, then slipped by 10.58% to $7.2 billion in 2022, then declined by 23.1% to $5.5 billion in 2023, then dropped 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 | Manulife Financial | 70.91 Bn | 51.00 Bn | - |
| 2 | Metlife | 60.57 Bn | 33.25 Bn | 7.82 Bn |
| 3 | Aflac | 58.53 Bn | -44.47 Bn | 2.27 Bn |
| 4 | Prudential | 36.24 Bn | 27.92 Bn | - |
| 5 | Unum | 13.96 Bn | 4.41 Bn | 1.38 Bn |
| 6 | Primerica | 9.20 Bn | 8.57 Bn | 717.74 Mn |
| 7 | Jackson Financial | 9.15 Bn | 3.17 Bn | - |
| 8 | Lincoln National | 8.14 Bn | -3.54 Bn | 2.62 Bn |
| 9 | Genworth Financial | 3.77 Bn | 1.78 Bn | 668.00 Mn |
| 10 | Brighthouse Financial | 3.00 Bn | -5.06 Bn | 1.03 Bn |
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 |