Prudential Income Before Tax vs Non Operating Income Net Other Analysis

PRU Stock  USD 110.50  0.68  0.61%   
Prudential Financial financial indicator trend analysis is much more than just breaking down Prudential Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prudential Financial is a good investment. Please check the relationship between Prudential Financial Income Before Tax and its Non Operating Income Net Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Prudential Stock please use our How to Invest in Prudential Financial guide.

Income Before Tax vs Non Operating Income Net Other

Income Before Tax vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prudential Financial Income Before Tax account and Non Operating Income Net Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between Prudential Financial's Income Before Tax and Non Operating Income Net Other is 0.32. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Prudential Financial, assuming nothing else is changed. The correlation between historical values of Prudential Financial's Income Before Tax and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Prudential Financial are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Income Before Tax i.e., Prudential Financial's Income Before Tax and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Prudential Financial income statement and is an important metric when analyzing Prudential Financial profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Non Operating Income Net Other

Most indicators from Prudential Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prudential Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Prudential Stock please use our How to Invest in Prudential Financial guide.Sales General And Administrative To Revenue is likely to gain to 0.26 in 2024, whereas Selling General Administrative is likely to drop slightly above 11.6 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit61.4B60.1B54.3B48.6B
Total Revenue61.4B60.1B54.3B49.9B

Prudential Financial fundamental ratios Correlations

0.790.670.510.280.45-0.030.520.91.00.290.060.050.40.5-0.250.91-0.19-0.7-0.07-0.630.57-0.730.120.12-0.1
0.790.50.350.210.02-0.290.190.610.750.060.050.050.250.43-0.380.6-0.3-0.28-0.49-0.240.74-0.350.20.2-0.03
0.670.50.770.570.390.12-0.040.630.67-0.27-0.38-0.38-0.310.1-0.440.630.24-0.730.11-0.780.46-0.68-0.27-0.270.28
0.510.350.770.160.27-0.25-0.110.50.51-0.53-0.55-0.55-0.410.23-0.370.50.03-0.580.31-0.650.58-0.410.050.050.48
0.280.210.570.160.280.27-0.120.320.28-0.040.070.07-0.1-0.11-0.20.330.08-0.19-0.13-0.180.04-0.38-0.05-0.05-0.14
0.450.020.390.270.280.440.570.50.480.430.050.040.170.04-0.020.520.25-0.650.26-0.59-0.09-0.63-0.2-0.2-0.08
-0.03-0.290.12-0.250.270.440.3-0.050.00.350.090.090.06-0.65-0.16-0.020.71-0.38-0.02-0.37-0.51-0.47-0.71-0.71-0.07
0.520.19-0.04-0.11-0.120.570.30.340.540.820.340.330.810.220.080.35-0.09-0.460.08-0.34-0.01-0.570.030.03-0.18
0.90.610.630.50.320.5-0.050.340.910.190.040.040.260.5-0.161.0-0.17-0.650.05-0.560.45-0.60.160.16-0.22
1.00.750.670.510.280.480.00.540.910.30.060.050.410.49-0.240.92-0.17-0.72-0.02-0.650.54-0.750.110.11-0.1
0.290.06-0.27-0.53-0.040.430.350.820.190.30.540.530.880.150.240.2-0.1-0.15-0.07-0.04-0.24-0.34-0.01-0.01-0.44
0.060.05-0.38-0.550.070.050.090.340.040.060.541.00.630.420.730.04-0.450.34-0.290.44-0.540.10.390.39-0.94
0.050.05-0.38-0.550.070.040.090.330.040.050.531.00.630.420.730.03-0.450.34-0.290.44-0.540.10.390.39-0.94
0.40.25-0.31-0.41-0.10.170.060.810.260.410.880.630.630.40.290.26-0.43-0.03-0.130.09-0.06-0.270.340.34-0.5
0.50.430.10.23-0.110.04-0.650.220.50.490.150.420.420.40.540.49-0.73-0.040.10.020.22-0.020.650.65-0.46
-0.25-0.38-0.44-0.37-0.2-0.02-0.160.08-0.16-0.240.240.730.730.290.54-0.16-0.40.350.20.38-0.680.310.370.37-0.73
0.910.60.630.50.330.52-0.020.351.00.920.20.040.030.260.49-0.16-0.15-0.670.05-0.580.44-0.620.140.14-0.21
-0.19-0.30.240.030.080.250.71-0.09-0.17-0.17-0.1-0.45-0.45-0.43-0.73-0.4-0.15-0.4-0.08-0.47-0.22-0.23-0.95-0.950.42
-0.7-0.28-0.73-0.58-0.19-0.65-0.38-0.46-0.65-0.72-0.150.340.34-0.03-0.040.35-0.67-0.4-0.330.98-0.290.890.450.45-0.28
-0.07-0.490.110.31-0.130.26-0.020.080.05-0.02-0.07-0.29-0.29-0.130.10.20.05-0.08-0.33-0.35-0.14-0.260.050.050.21
-0.63-0.24-0.78-0.65-0.18-0.59-0.37-0.34-0.56-0.65-0.040.440.440.090.020.38-0.58-0.470.98-0.35-0.290.850.510.51-0.38
0.570.740.460.580.04-0.09-0.51-0.010.450.54-0.24-0.54-0.54-0.060.22-0.680.44-0.22-0.29-0.14-0.29-0.220.20.20.53
-0.73-0.35-0.68-0.41-0.38-0.63-0.47-0.57-0.6-0.75-0.340.10.1-0.27-0.020.31-0.62-0.230.89-0.260.85-0.220.30.3-0.11
0.120.2-0.270.05-0.05-0.2-0.710.030.160.11-0.010.390.390.340.650.370.14-0.950.450.050.510.20.31.0-0.37
0.120.2-0.270.05-0.05-0.2-0.710.030.160.11-0.010.390.390.340.650.370.14-0.950.450.050.510.20.31.0-0.37
-0.1-0.030.280.48-0.14-0.08-0.07-0.18-0.22-0.1-0.44-0.94-0.94-0.5-0.46-0.73-0.210.42-0.280.21-0.380.53-0.11-0.37-0.37
Click cells to compare fundamentals

Prudential Financial Account Relationship Matchups

Prudential Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets896.6B940.7B937.6B689.9B721.1B663.2B
Total Stockholder Equity63.1B67.4B61.9B16.3B27.8B37.7B
Other Liab752.8B825.1B831.4B613.6B705.6B740.9B
Retained Earnings33.0B30.7B36.7B33.4B32.4B19.4B
Accounts Payable11.4B12.0B9.5B5.7B15.7B9.1B
Cash16.3B13.7B12.9B17.3B19.4B14.6B
Other Assets72.7B70.5B146.9B270.4B719.7B755.7B
Long Term Debt18.6B19.7B18.9B19.9B20.0B17.7B
Short Term Investments396.6B420.7B379.0B307.7B321.3B190.9B
Total Liab832.8B872.5B875.0B672.7B691.3B625.0B
Short Long Term Debt Total21.9B20.9B19.6B21.1B20.9B24.0B
Other Current Liab(1.9B)(925M)(722M)4.2B100M95M
Total Current Liabilities1.9B925M722M5.0B125M118.8M
Net Debt5.5B7.2B6.7B3.8B1.5B1.4B
Non Current Assets Total411.0B435.8B398.7B413.4B404M383.8M
Non Currrent Assets Other(411.0B)(435.8B)(398.7B)86.2B(341.5B)(324.4B)
Cash And Short Term Investments412.9B434.4B391.9B325.0B340.7B213.0B
Common Stock Shares Outstanding410.9M395.8M390.1M372.3M364.6M369.7M
Liabilities And Stockholders Equity896.6B940.7B937.6B689.9B721.1B679.0B
Non Current Liabilities Total19.9B20.0B18.9B667.7B26.4B49.9B
Other Stockholder Equity6.1B5.9B3.9B2.7B2.0B1.9B
Total Current Assets412.9B434.4B391.9B6.1B971M922.5M
Accumulated Other Comprehensive Income24.0B30.7B21.3B(19.8B)(6.5B)(6.2B)
Short Term Debt1.9B925M722M775M873M829.4M
Other Current Assets38.1B37.1B30.9B(15.7B)28.7B30.1B
Treasury Stock(19.5B)(19.7B)(21.8B)(23.1B)(20.8B)(19.7B)
Intangible Assets1.1B1.1B771M595M1.0B1.6B
Noncontrolling Interest In Consolidated Entity604M785M732M958M862.2M819.1M
Retained Earnings Total Equity33.0B30.7B36.7B33.4B38.4B25.2B
Deferred Long Term Liab1.0B935M820M366M420.9M689.0M
Net Tangible Assets63.1B67.4B61.9B16.3B18.7B17.8B
Long Term Debt Total18.6B19.7B18.6B19.9B17.9B16.1B
Capital Surpluse25.5B25.6B25.7B25.7B29.6B27.4B
Long Term Investments526.1B556.8B398.0B420.5B339.4B472.5B
Non Current Liabilities Other800.9B839.5B846.8B652.8B750.7B783.4B

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When determining whether Prudential Financial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Prudential Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Prudential Financial Stock. Highlighted below are key reports to facilitate an investment decision about Prudential Financial Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Prudential Stock please use our How to Invest in Prudential Financial guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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Is Prudential Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prudential Financial. If investors know Prudential will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prudential Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.527
Dividend Share
5
Earnings Share
6.74
Revenue Per Share
148.498
Quarterly Revenue Growth
0.561
The market value of Prudential Financial is measured differently than its book value, which is the value of Prudential that is recorded on the company's balance sheet. Investors also form their own opinion of Prudential Financial's value that differs from its market value or its book value, called intrinsic value, which is Prudential Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prudential Financial's market value can be influenced by many factors that don't directly affect Prudential Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prudential Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.