Prudential Financial debt and dilution—

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$20,618M

Cash & equivalents

USD millions

$15,162M

Net debt

USD millions

$5,456M

Debt / equity

0.65×

Debt / assets

2.63%

Net debt / EBITDA

× · TTM

—

Not applicable to banks and insurers: these ratios use an industrial-company capital model.

Debt / FCF

× · TTM

—

The reported inputs required for this metric are unavailable in the extracted statements for this period.

Interest coverage

× · TTM

—

Not applicable to banks and insurers: these ratios use an industrial-company capital model.

Current ratio

—

The reported inputs required for this metric are unavailable in the extracted statements for this period.

Diluted shares

Million shares

348.1M shares

Basic shares

Million shares

346.4M shares

Share count growth

-1.9%

Share repurchases

USD millions

$250M

Quarterly data

Prudential Financial capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 30, 2026	20,618	15,162	5,456	0.65×	2.63%	—	—	—	—	348.1	346.4	-1.9%	250
FY 2026 Q1	Mar 31, 2026	19,828	15,936	3,892	0.61×	2.59%	—	—	—	—	349.4	347.7	-1.86%	246
FY 2025 Q4	Dec 31, 2025	20,299	19,712	587	0.62×	2.62%	—	—	—	—	350.73	348.83	-1.77%	254
FY 2025 Q3	Sep 30, 2025	20,183	17,469	2,714	0.62×	2.6%	—	—	—	—	353	351.1	-1.63%	250
FY 2025 Q2	Jun 30, 2025	20,024	16,638	3,386	0.65×	2.64%	—	—	—	—	354.9	353.1	-1.59%	250
FY 2025 Q1	Mar 31, 2025	20,946	16,063	4,883	0.69×	2.83%	—	—	—	—	356.1	354.3	-1.31%	246
FY 2024 Q4	Dec 31, 2024	20,140	18,497	1,643	0.71×	2.74%	—	—	—	—	357.51	355.12	-1.42%	254
FY 2024 Q3	Sep 30, 2024	20,026	20,198	-172	0.63×	2.63%	—	—	—	—	358.7	356.9	-1.57%	253
FY 2024 Q2	Jun 30, 2024	19,941	17,111	2,830	0.67×	2.79%	—	—	—	—	360.5	358.8	-1.64%	251
FY 2024 Q1	Mar 31, 2024	19,953	18,735	1,218	0.69×	2.75%	—	—	—	—	360.5	359	-2.05%	242
FY 2023 Q4	Dec 31, 2023	19,500	19,419	81	0.67×	2.7%	—	—	—	—	361.04	360.24	-2.07%	258
FY 2023 Q3	Sep 30, 2023	19,492	16,892	2,600	0.72×	2.86%	—	—	—	—	362.6	362.6	-2.26%	250
FY 2023 Q2	Jun 30, 2023	19,639	14,652	4,987	0.67×	2.82%	—	—	—	—	366.1	364.8	-2.56%	253
FY 2023 Q1	Mar 31, 2023	21,156	17,425	3,731	0.65×	2.98%	—	—	—	—	367.7	366.5	-2.55%	251
FY 2022 Q4	Dec 31, 2022	20,683	17,251	3,432	1.2×	3%	—	—	—	—	367.85	367.85	-2.61%	375
FY 2022 Q3	Sep 30, 2022	20,665	20,104	561	1.2×	3.05%	—	—	—	—	371	371	-3.34%	375
FY 2022 Q2	Jun 30, 2022	20,170	14,359	5,811	0.7×	2.9%	—	—	—	—	374.4	374.4	-4.27%	374
FY 2022 Q1	Mar 31, 2022	20,233	14,086	6,147	0.45×	2.3%	—	—	—	—	376.1	376.1	-5.1%	364
FY 2021 Q4	Dec 31, 2021	19,344	12,888	6,456	0.31×	2.06%	—	—	—	—	380.9	377.7	-4.72%	403
FY 2021 Q3	Sep 30, 2021	19,596	15,605	3,991	0.31×	2.1%	—	—	—	—	386.8	383.8	-2.91%	859
FY 2021 Q2	Jun 30, 2021	20,579	15,145	5,434	0.32×	2.22%	—	—	—	—	394.1	391.1	-0.89%	879
FY 2021 Q1	Mar 31, 2021	20,597	16,099	4,498	0.35×	2.27%	—	—	—	—	398.8	396.3	-0.18%	359
FY 2020 Q4	Dec 31, 2020	20,643	13,701	6,942	0.3×	2.19%	—	—	—	—	396.4	396.4	-1.06%	0
FY 2020 Q3	Sep 30, 2020	21,282	20,658	624	0.32×	2.33%	—	—	—	—	397.1	395.3	-2.18%	0
FY 2020 Q2	Jun 30, 2020	21,292	21,149	143	0.32×	2.33%	—	—	—	—	394.6	394.6	-2.64%	15
FY 2020 Q1	Mar 31, 2020	22,688	31,646	-8,958	0.37×	2.6%	—	—	—	—	397	397	-2.98%	485
FY 2019 Q4	Dec 31, 2019	20,579	16,327	4,252	0.32×	2.3%	—	—	—	—	404.08	400.65	-2.96%	560
FY 2019 Q3	Sep 30, 2019	20,641	18,289	2,352	0.31×	2.33%	—	—	—	—	408.5	404.1	-2.91%	957
FY 2019 Q2	Jun 30, 2019	20,500	15,421	5,079	0.33×	2.35%	—	—	—	—	413.9	405.3	-3.38%	499
FY 2019 Q1	Mar 31, 2019	20,858	14,699	6,159	0.38×	2.46%	—	—	—	—	417.6	409.2	-3.03%	484
FY 2018 Q4	Dec 31, 2018	19,829	15,353	4,476	0.4×	2.43%	—	—	—	—	421.45	412.85	-2.57%	388
FY 2018 Q3	Sep 30, 2018	19,814	12,466	7,348	0.42×	2.41%	—	—	—	—	424.7	416.2	-2.35%	373
FY 2018 Q2	Jun 30, 2018	18,788	14,918	3,870	0.39×	2.29%	—	—	—	—	428	419.5	-2.05%	376
FY 2018 Q1	Mar 31, 2018	19,526	15,676	3,850	0.37×	2.35%	—	—	—	—	430.9	422	-1.84%	363
FY 2017 Q4	Dec 31, 2017	18,552	14,490	4,062	0.34×	2.23%	—	—	—	—	432.74	423.74	-1.63%	323
FY 2017 Q3	Sep 30, 2017	19,511	14,541	4,970	0.39×	2.38%	—	—	—	—	435	426.2	-2.23%	315
FY 2017 Q2	Jun 30, 2017	19,405	16,605	2,800	0.4×	2.39%	—	—	—	—	437.2	428.3	-2.9%	321
FY 2017 Q1	Mar 31, 2017	19,308	13,308	6,000	0.41×	2.42%	—	—	—	—	439.1	429.9	-3.46%	291
FY 2016 Q4	Dec 31, 2016	19,174	14,127	5,047	0.42×	2.45%	—	—	—	—	439.75	430.75	—	661
FY 2016 Q3	Sep 30, 2016	19,665	24,728	-5,063	0.35×	2.4%	—	—	—	—	444.3	435.9	—	606
FY 2016 Q2	Jun 30, 2016	19,662	24,142	-4,480	0.36×	2.47%	—	—	—	—	449.3	441.1	—	376
FY 2016 Q1	Mar 31, 2016	20,577	22,492	-1,915	0.42×	2.66%	—	—	—	—	453.2	445.3	—	357
FY 2015 Q4	Dec 31, 2015	20,943	17,612	3,331	0.5×	2.77%	—	—	—	—	—	—	—	269
FY 2015 Q3	Sep 30, 2015	22,162	20,207	1,955	0.52×	2.94%	—	—	—	—	—	—	—	242
FY 2015 Q2	Jun 30, 2015	23,885	17,038	6,847	0.56×	3.13%	—	—	—	—	—	—	—	250
FY 2015 Q1	Mar 31, 2015	22,716	19,119	3,597	0.5×	2.92%	—	—	—	—	—	—	—	252
FY 2014 Q4	Dec 31, 2014	23,670	14,918	8,752	0.56×	3.09%	—	—	—	—	—	—	—	250
FY 2014 Q3	Sep 30, 2014	27,026	17,222	9,804	0.64×	3.54%	—	—	—	—	—	—	—	250
FY 2014 Q2	Jun 30, 2014	27,292	12,160	15,132	0.65×	3.57%	—	—	—	—	—	—	—	250
FY 2014 Q1	Mar 31, 2014	26,584	12,472	14,112	0.68×	3.56%	—	—	—	—	—	—	—	250
FY 2013 Q4	Dec 31, 2013	26,222	11,439	14,783	0.73×	3.58%	—	—	—	—	—	—	—	251
FY 2013 Q3	Sep 30, 2013	26,760	12,650	14,110	0.76×	3.7%	—	—	—	—	—	—	—	250
FY 2013 Q2	Jun 30, 2013	26,262	13,045	13,217	0.73×	3.72%	—	—	—	—	—	—	—	237
FY 2013 Q1	Mar 31, 2013	27,716	14,477	13,239	0.68×	3.83%	—	—	—	—	—	—	—	0
FY 2012 Q4	Dec 31, 2012	27,213	18,100	9,113	0.69×	3.84%	—	—	—	—	—	—	—	0
FY 2012 Q3	Sep 30, 2012	26,858	13,906	12,952	0.68×	4%	—	—	—	—	—	—	—	150
FY 2012 Q2	Jun 30, 2012	27,525	14,242	13,283	0.71×	4.25%	—	—	—	—	—	—	—	275
FY 2012 Q1	Mar 31, 2012	28,034	14,201	13,833	0.79×	4.4%	—	—	—	—	—	—	—	225
FY 2011 Q4	Dec 31, 2011	26,958	14,251	12,707	0.71×	4.32%	—	—	—	—	—	—	—	304
FY 2011 Q3	Sep 30, 2011	26,819	15,526	11,293	0.71×	4.39%	—	—	—	—	—	—	—	—
FY 2011 Q2	Jun 30, 2011	26,730	13,909	12,821	0.75×	4.36%	—	—	—	—	—	—	—	0
FY 2011 Q1	Mar 31, 2011	26,465	10,995	15,470	0.8×	4.42%	—	—	—	—	—	—	—	0
FY 2010 Q4	Dec 31, 2010	25,635	12,915	12,720	0.78×	4.75%	—	—	—	—	—	—	—	0
FY 2010 Q3	Sep 30, 2010	24,909	11,973	12,936	0.73×	4.73%	—	—	—	—	—	—	—	—
FY 2010 Q2	Jun 30, 2010	24,618	11,352	13,266	0.81×	4.96%	—	—	—	—	—	—	—	—
FY 2010 Q1	Mar 31, 2010	24,707	9,626	15,081	0.9×	5.02%	—	—	—	—	—	—	—	—
FY 2009 Q4	Dec 31, 2009	24,159	13,164	10,995	0.94×	5.03%	—	—	—	—	—	—	—	0
FY 2009 Q3	Sep 30, 2009	24,941	11,971	12,970	1×	5.25%	—	—	—	—	—	—	—	0
FY 2009 Q2	Jun 30, 2009	24,624	13,491	11,133	1.36×	5.54%	—	—	—	—	—	—	—	—

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · PRU, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.