PRU
Prudential Financial, Inc.
PRU's fundamentals are strong: earnings per share grew 50% and its operating margin rose 2 points to 7.8%. At 11x earnings, it's trading below its usual 15x. Analysts expect earnings to hold roughly steady, though they disagree widely on how much.
PRU Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
PRU's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like PRU.
PRU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.6x | $83.42 | -32% |
| Forward | 9.2x | $122 | — |
| Current | 11x | $122 | — |
| Fair | 15x | $161 | +31% |
| Expensive | 31x | $339 | +177% |
Historical ranges are pointers, not guarantees.
PRU's PE is in its fair range at 11x. On analysts' estimates for next year's earnings, today's price would be 9.2x, in its cheap range.
PRU Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| Low |
Analysts expect PRU's earnings, revenue and profitability to hold roughly steady. However, they disagree widely on these estimates.
PRU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.32 | +21% |
| Q3 2026 | $10.98 | +50% |
| Q2 2026 | $11.03 | +143% |
| Q1 2026 | $9.71 | +53% |
| Q4 2025 | $9.99 | +33% |
| Q3 2025 | $7.31 | -35% |
| Q2 2025 | $4.54 | -42% |
| Q1 2025 | $6.34 | +7.8% |
| Q4 2024 | $7.50 | +12% |
PRU's earnings per share have fallen from their peak: $10.98 over the past year, against $19.51 in late 2021.
PRU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $14.4B | -19% |
| Q2 2026 | $15.7B | +14% |
| Q1 2026 | $15.5B | +15% |
| Q4 2025 | $15.7B | +25% |
| Q3 2025 | $17.9B | -8.2% |
| Q2 2025 | $13.7B | -7.8% |
| Q1 2025 | $13.5B | -43% |
| Q4 2024 | $12.5B | -17% |
PRU's revenue is growing: $14.4B last quarter, down 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | +1.4 points |
| Q2 2026 | 7.5% | +2.1 points |
| Q1 2026 | 4.7% | -2.1 points |
| Q4 2025 | 7.7% | +8.9 points |
| Q3 2025 | 10% | +7.1 points |
| Q2 2025 | 5.4% | -4.1 points |
| Q1 2025 | 6.8% | +0.9 points |
| Q4 2024 | -1.2% | -12 points |
PRU's operating margin was 11% last quarter, up 1.4 points from the same quarter a year ago.
PRU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.9B | -8.4% |
| Q2 2026 | $2.3B | +102% |
| Q1 2026 | $1B | +$3.5B |
| Q4 2025 | $3.3B | +43% |
| Q3 2025 | $4.3B | +289% |
| Q2 2025 | $1.2B | +$1.3B |
| Q1 2025 | -$2.5B | -148% |
| Q4 2024 | $2.3B | +111% |
PRU's free cash flow was $10.6B over the past year, up 101% from the year before. Free cash flow isn't a meaningful measure for financial services companies like PRU.
PRU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -1.7M shares |
| 1 year | -1.9% | -6.6M shares |
| 3 years | -4.5% | -16.2M shares |
| 5 years | -10% | -40.4M shares |
| Available history | -16% | -64.5M shares |
PRU has 346M diluted shares, down 1.9% from a year ago, with $1B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $250M |
| Q2 2026 | $250M |
| Q1 2026 | $246M |
| Q4 2025 | $254M |
| Q3 2025 | $250M |
| Q2 2025 | $250M |
| Q1 2025 | $246M |
| Q4 2024 | $254M |
PRU spent $1B buying back its own shares over the past year, about the same as the year before.
PRU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 1.2x | Healthy |
| Q4 2024 | 0.5x | Very low |
| Q3 2023 | 3.4x | Elevated |
| Q2 2023 | 3.8x | Elevated |
| Q1 2023 | 11.2x | High |
| Q3 2022 | 1.1x | Healthy |
| Q2 2022 | 2.0x | Healthy |
| Q1 2022 | 1.0x | Healthy |
PRU's net debt is about 1.1 years of its operating earnings (EBITDA), down from 11 years a year ago. Net leverage isn't a meaningful measure for financial services companies like PRU.
PRU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.4 | Neutral |
| Stochastic | 48.9 | Neutral |
PRU's weekly RSI is 61 (neutral) and its Stochastic is 49 (neutral).
PRU PE vs Financial Services Sector
| Metric | PRU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 14% below |
| PE % | 42 | 63 | 21 pts below |
PRU is trading at 11x earnings, a 14% discount to the Financial Services sector's median of 13x.
PRU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $116.8 | 4.8% above |
| 20 week MA | $118.5 | 3.3% above |
| 50 week MA | $110.0 | 11% above |
| 100 week MA | $108.7 | 13% above |
| 200 week MA | $106.5 | 15% above |
PRU is in an uptrend: it's above all five of its weekly moving averages, and 15% above its 200-week average.
PRU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $93.2 | $76.7 | -18% |
| 2021 | $76.7 | $108.3 | +41% |
| 2022 | $108.3 | $99.6 | -8% |
| 2023 | $99.6 | $103.7 | +4.2% |
| 2024 | $103.7 | $119.1 | +15% |
| 2025 | $119.1 | $114.0 | -4.3% |
| 2026 YTD | $114.0 | $122.4 | +7.4% |
PRU has finished lower in three of the last six years. It's up 7.4% so far in 2026.