Prudential (PUK) Tax Rate (2009 - 2021)
Prudential's (PUK) quarterly Tax Rate came in at 28.74% in Q4 2021, down 4514.0% year-on-year from 0.65% in Q4 2020, and down 275.22% quarter-over-quarter from 16.4% in Q4 2020.
Prudential (PUK) Tax Rate (2009 - 2021) Analysis & Trends
Prudential has disclosed Tax Rate across 13 years of filings, most recently posting 28.74% for Q4 2021.
- Tax Rate for Q4 2021 came in at 28.74%, down 4514.0% year-over-year; the trailing twelve-month figure through Dec 2021 was 30.55% (down 1395.0% YoY), and the FY2025 annual result was 5.94%, down 1950.0% from the prior year.
- Tax Rate came in at 28.74% for Q4 2021 at Prudential, down from 16.4% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 126.4% in Q4 2019 to a low of 28.74% in Q4 2021.
- The 5-year median for Tax Rate is 25.47% (2017), against an average of 36.27%.
- Across the five-year window, Tax Rate soared 8459 bps in 2019 and tumbled 11000 bps in 2020, its largest moves.
- Prudential's Tax Rate stood at 25.47% in 2017, then jumped by 64 bps to 41.81% in 2018, then jumped by 202 bps to 126.4% in 2019, then slumped by 87 bps to 16.4% in 2020, then slumped by 275 bps to 28.74% in 2021.
- The last three Tax Rate figures came in at 28.74% (Q4 2021), 16.4% (Q4 2020), and 126.4% (Q4 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 569.94 Bn | 569.94 Bn | - | - |
| 2 | Aflac | 59.18 Bn | 53.52 Bn | 1.48 Bn | 16.82% |
| 3 | Metlife | 55.03 Bn | 39.09 Bn | 256.00 Mn | 22.89% |
| 4 | Unum | 14.28 Bn | 4.32 Bn | 1.40 Bn | 23.36% |
| 5 | Globe Life | 12.35 Bn | 11.67 Bn | 1.45 Bn | 19.04% |
| 6 | Primerica | 8.38 Bn | 8.38 Bn | 770.81 Mn | 23.78% |
| 7 | Jackson Financial | 7.49 Bn | 1.65 Bn | - | -5.00% |
| 8 | Lincoln National | 6.73 Bn | -8.95 Bn | 3.25 Bn | 30.08% |
| 9 | CNO Financial | 4.53 Bn | 4.20 Bn | 754.30 Mn | 22.11% |
| 10 | Prudential | 4.33 Bn | 4.33 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | -28.74% |
| Dec 31, 2021 | -28.74% |
| Dec 31, 2020 | 16.40% |
| Dec 31, 2020 | 16.40% |
| Dec 31, 2019 | 126.40% |
| Dec 31, 2019 | 126.40% |
| Dec 31, 2018 | 41.81% |
| Dec 31, 2018 | 41.81% |
| Dec 31, 2017 | 25.47% |
| Dec 31, 2017 | 25.47% |
| Dec 31, 2016 | 0.45% |
| Dec 31, 2016 | 0.45% |
| Dec 31, 2015 | 6.70% |
| Dec 31, 2015 | 6.70% |
| Sep 30, 2015 | 0.27% |
| Sep 30, 2015 | 0.27% |
| Jun 30, 2015 | 9.68% |
| Jun 30, 2015 | 9.68% |
| Mar 31, 2015 | 33.14% |
| Mar 31, 2015 | 33.14% |