Prudential Financial(NYSE) PRU

Prudential Financial, Inc. helps people protect their money with insurance. It manages investments for customers in the United States and Japan. The company also helps businesses grow their savings over time.

What Does Prudential Sell?

• PGIM: Provides global investment management services across public and private markets to large organizations and individual investors.
• Retirement: Supplies investment and income products, such as annuities that provide steady payments, to organizations managing retirement funds.
• Group Insurance: Offers life and disability insurance along with supplemental health solutions like accident coverage to employers for their workers.
• Individual Life: Develops and sells life insurance products, including term and universal life, to individual customers through various networks.
• International Businesses: Distributes life insurance and retirement products in markets outside the United States, with a major focus on Japan.

Shifting Strategy and Global Footprint

• Entered an agreement in July 2026 to acquire the remaining 25% interest in Deerpath Capital Management, LP to reach 100% ownership.
• Announced an agreement to sell the PGIM operations in India to TVS Venu Group in April 2026.
• Launched a multiyear strategy in August 2026 to exit emerging markets and focus on developed markets like the United States and Japan.
• Started an enterprise cost savings plan in August 2026 to reduce annual operating expenses by $750 million by year-end 2028.

A Model Built on Scale

Prudential uses an integrated model that combines insurance with the investment expertise of PGIM. This approach allows the firm to meet global needs while allocating capital at scale.

By the Numbers

• Total revenues reached $15,661 million for the three months ended June 30, 2026.
• Net income attributable to Prudential was $1,582 million for the six months ended June 30, 2026.
• Assets under management totaled $1.642 trillion as of June 30, 2026.
• The price-to-earnings ratio was 9.5 in Q2 2026, which was down 47.3% year over year.

A More Focused Future

Prudential is transforming from a broad insurer into a specialized firm focused on asset management and retirement markets. The company continues to shift away from volatile legacy products to improve its overall capital efficiency.