PRUDENTIAL PLC financial statements

Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data PRUDENTIAL PLC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2017	FY2019	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	39,815	44,962	23,378	22,485	23,014	8,985	9,740	10,740	11,491
Operating income	4,378	4,409	2,247	2,757	3,233	2,722	2,893	3,129	3,306
Pre-tax income	2,909	3,557	3,019	3,179	3,018	-519	2,272	3,239	5,121
Income tax	1,161	676	681	711	804	478	560	824	1,002
Income from continuing operations	1,748	2,881	2,338	2,468	2,214	-997	1,712
Net income to minority interests	1	4	9	67	-771	10	11	130	141
Net income	3,080	4,019	783	2,118	-2,042	-1,007	1,701	2,285	3,978
EBITDA	4,813	6,017	2,932	3,482	4,063	3,216	3,417	3,652	3,877
EPS, basic	1.20	1.56	0.30	0.82	-0.78	-0.37	0.62	0.84	1.54
EPS, diluted	1.20	1.56	0.30	0.82	-0.78	-0.37	0.62	0.84	1.54

Balance sheet

	FY2017	FY2019	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	6,604	9,394	5,005	8,018	7,170	5,514	4,751	5,772	7,706
Property, plant and equipment		1,795	1,065	584	495	437	374
Lease right-of-use assets			593	407	315	271
Goodwill		2,365	969	961	907	890	896	848	902
Intangible assets					4,015	3,884	3,986	3,824	3,958
Total assets			454,214	516,097	188,232	160,249	174,066	181,876	212,195
Total liabilities			434,545	493,978	169,121	143,351	156,083	163,202	190,835
Total debt				6,383	6,127
Shareholders' equity		21,968	19,477	20,878	18,936	16,731	17,823	17,492	20,117
Minority interests			192	1,241	175	167	160	1,182	1,243
Total equity	21,771	21,991	19,669	22,119	19,111	16,898	17,983	18,674	21,360
Total liabilities and equity			454,214	516,097	188,232	160,249	174,066	181,876	212,195

Cash flow statement

	FY2017	FY2019	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	3,081	4,023	792	2,185	-2,813	-997	1,712	2,415	4,119
Depreciation and amortization	435	1,608	685	725	830	494	524	523	571
Capital expenditures	-98	-134	-59	-57	-36	-34	-44	-101	-104
Share buybacks							0	-860	-1,252
Dividends paid	-1,525	-1,662	-1,634	-832	-430	-482	-540	-583	-714
Exchange rate effect	1,080	-529	203	70	-44	-175	-25	-61	140
Interest paid			40	25	11	16	75	75	61
Income taxes paid	611	477	322	551	453	449	406	549	518

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $25.20 on September 28, 2026.

Profitability

Metric	Value	How it is calculated
Operating margin	28.8%	Operating income / revenue.
EBITDA margin	33.7%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	44.6%	Pre-tax income / revenue.
Net margin	34.6%	Net income / revenue.
Effective tax rate	19.6%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	21.2%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	2.0%	Net income / average total assets.
Return on invested capital (ROIC)	22.0%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Capex / revenue	0.9%	Capital expenditures / revenue.
D&A / revenue	5.0%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	7.0%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	8.5%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	-12.6%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	5.7%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	6.7%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	3.7%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	6.2%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	6.4%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	2.2%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	74.1%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 5y	13.4%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	82.7%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 5y	13.5%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	15.0%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	6.3%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	-0.7%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	16.7%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	9.8%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	-16.3%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

Metric	Value	How it is calculated
Liabilities / assets	89.9%	Total liabilities / total assets.
Goodwill and intangibles / assets	2.3%	(Goodwill + intangible assets) / total assets.
Tangible book value	$15.26B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.06x	Revenue / average total assets.

Per share

Metric	Value	How it is calculated
EPS, diluted	$1.54	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic	$1.54	Net income per basic share, as reported (split-adjusted).
Payout ratio	17.9%	Dividends paid / net income, when net income is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$32.20B	Share price x shares outstanding.
Enterprise value	$24.49B	Market cap + total debt - cash - short-term investments.
P/E	8.09x	Market cap / net income. Only when net income is positive.
P/S	2.80x	Market cap / revenue.
P/B	1.60x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	2.11x	Market cap / tangible book value, when positive.
EV/Sales	2.13x	Enterprise value / revenue.
EV/EBIT	7.41x	Enterprise value / operating income, when both are positive.
EV/EBITDA	6.32x	Enterprise value / EBITDA, when both are positive.
Earnings yield	12.4%	Net income / market cap (the inverse of P/E).
Dividend yield	2.2%	Dividends paid over the period / market cap.
Shareholder yield	6.1%	(Dividends paid + share buybacks) / market cap.

What was PRUDENTIAL PLC's revenue in fiscal 2025?

PRUDENTIAL PLC reported revenue of $11.49B for fiscal 2025, 7% higher than the year before.

Was PRUDENTIAL PLC profitable in fiscal 2025?

Yes. Net income was $3.98B, a net margin of 34.6%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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