Prudential plc (PUK) Financial Statements

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Prudential financial statements at a glance

Prudential reported revenue of $27.39 billion for fiscal year 2025 (ended December 31, 2025), up 236.6% from fiscal year 2024. Net income was $3.98 billion, a net margin of 14.5%, and diluted earnings per share were $1.53.

At the end of fiscal year 2025 it had total assets of $212.20 billion, total liabilities of $190.84 billion and shareholders' equity of $20.12 billion, with cash and short-term investments of $3.85 billion and total debt of $5.29 billion.

Its operations brought in $2.45 billion of cash; capital spending was $104.00 million, leaving free cash flow of $2.35 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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Prudential plc

PUKHong Kong
Financial Services
USD (Local)

Income Statement

Annual • USD

Total Revenue
27.39B
Prev Year: 8.14B
YoY: +236.6%
Interest Income
5.56B
Prev Year: 5.29B
YoY: +5.1%
Total Premiums Earned
-
Prev Year: 1.98B
Total Expenses
22.45B
Prev Year: 5.19B
YoY: +332.9%
Net Non Operating Interest Income Expense
-183.00M
Prev Year: -171.00M
YoY: -7.0%
Non-operating Interest Expense
183.00M
Prev Year: 171.00M
YoY: +7.0%
Special Income Charges
1.51B
Prev Year: -71.00M
YoY: +2233.8%
Policy Acquisition Expenses
-
Prev Year: 0
Other Special Charges
-1.51B
Prev Year: 71.00M
YoY: -2233.8%
Other Operating Expenses
1.21B
Prev Year: 1.29B
YoY: -6.1%
Selling General and Administrative
-
Underwriting Expenses
-
Pre-tax Income
4.94B
Prev Year: 2.95B
YoY: +67.3%
Provision for Income Taxes
822.00M
Prev Year: 538.00M
YoY: +52.8%
Net Income Common Stockholders
3.98B
Prev Year: 2.29B
YoY: +74.1%
Net Income
3.98B
Prev Year: 2.29B
YoY: +74.1%
Net Income Including Non-Controlling Interests
4.12B
Prev Year: 2.42B
YoY: +70.6%
Net Income from Continuing Operations
4.12B
Prev Year: 2.42B
YoY: +70.6%
Noncontrolling Interests
-141.00M
Prev Year: -130.00M
YoY: -8.5%
Basic EPS
1.542
Prev Year: 0.84
YoY: +83.6%
Diluted EPS
1.535
Prev Year: 0.84
YoY: +82.7%
Weighted Average Shares (basic)
2.58B
Prev Year: 2.71B
YoY: -5.0%
Weighted Average Shares (diluted)
2.59B
Prev Year: 2.72B
YoY: -4.7%
Net Income from Continuing and Discontinued Operation
3.98B
Prev Year: 2.29B
YoY: +74.1%
Normalized Income
2.72B
Prev Year: 2.34B
YoY: +15.9%
EBIT
5.12B
Prev Year: 3.12B
YoY: +64.0%
Net Income from Continuing Operation Net Minority Interest
3.98B
Prev Year: 2.29B
YoY: +74.1%
Rent Expense (supplemental)
-
Total Unusual Items Excluding Goodwill
1.51B
Prev Year: -71.00M
YoY: +2233.8%
Reconciled Depreciation
-
Total Unusual Items
1.51B
Prev Year: -71.00M
YoY: +2233.8%
Tax Rate for Calcs
0.166
Prev Year: 0
Tax Effect of Unusual Items
252.04M
Prev Year: -12.94M
YoY: +2048.5%
Interest Expense
183.00M
Prev Year: 171.00M
YoY: +7.0%
Net Interest Income
-183.00M
Diluted NI Available to Com Stockholders
3.98B
Prev Year: 2.29B
YoY: +74.1%
Other Income Expense
447.00M
Prev Year: 422.00M
YoY: +5.9%
Operating Revenue
27.39B
Net Policyholder Benefits And Claims
4.81B
Prev Year: 165.00M
YoY: +2814.5%
Values in USD

Prudential key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$27.4B$8.1B$12.0B-$27.6B$26.5B
Operating income$5.1B$3.1B$2.3B-$443.0M$3.0B
Net income$4.0B$2.3B$1.7B-$1.0B-$2.0B
Diluted EPS$1.53$0.84$0.62-$0.37-$0.78
Total assets$212.2B$181.9B$174.1B$160.2B$188.2B
Total liabilities$190.8B$163.2B$156.1B$143.4B$169.1B
Shareholders' equity$20.1B$17.5B$17.8B$16.7B$18.9B
Cash and short-term investments$3.9B––––
Total debt$5.3B$4.7B$4.9B$5.1B$7.0B
Operating cash flow$2.5B$3.6B$832.0M$1.1B$278.0M
Capital spending$104.0M$101.0M$44.0M$34.0M$36.0M
Free cash flow$2.3B$3.5B$788.0M$1.0B$242.0M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.

Questions and answers

What was Prudential's revenue in fiscal year 2025?

$27.39 billion, up 236.6% from $8.14 billion in fiscal year 2024.

How much profit does Prudential make?

Prudential reported net income of $3.98 billion for fiscal year 2025 (14.5% of revenue); operating income was $5.12 billion.

How much cash and debt does Prudential have?

At the end of fiscal year 2025: cash and short-term investments of $3.85 billion and total debt of $5.29 billion.

What is Prudential's free cash flow?

$2.35 billion in fiscal year 2025 (operating cash flow of $2.45 billion minus capital spending of $104.00 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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