Prudential Financial annual debt-to-equity ratio
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2025
Prudential Financial Debt-to-Equity Ratio Growth & History (PRU)
Prudential Financial's debt-to-equity ratio was 0.64 for fiscal 2025.
View full Prudential Financial company overviewPrudential Financial annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.64 | −0.10 | −13.41% |
| 2024 | 2024-12-31 | 0.74 | 0.03 | +3.53% |
| 2023 | 2023-12-31 | 0.71 | 0.02 | +3.48% |
| 2022 | 2022-12-31 | 0.69 | 0.37 | +115.32% |
| 2021 | 2021-12-31 | 0.32 | 0.01 | +1.87% |
| 2020 | 2020-12-31 | 0.31 | −0.02 | −6.48% |
| 2019 | 2019-12-31 | 0.34 | −0.07 | −17.75% |
| 2018 | 2018-12-31 | 0.41 | 0.07 | +19.24% |
| 2017 | 2017-12-31 | 0.34 | −0.08 | −18.18% |
| 2016 | 2016-12-31 | 0.42 | −0.08 | −15.84% |
| 2015 | 2015-12-31 | 0.50 | −0.07 | −12.33% |
| 2014 | 2014-12-31 | 0.57 | −0.18 | −23.76% |
| 2013 | 2013-12-31 | 0.74 | 0.04 | +5.17% |
| 2012 | 2012-12-31 | 0.71 | −0.08 | −10.20% |
| 2011 | 2011-12-31 | 0.79 | −0.00 | −0.48% |
| 2010 | 2010-12-31 | 0.79 | −0.17 | −17.52% |
| 2009 | 2009-12-31 | 0.96 | −1.34 | −58.21% |
| 2008 | 2008-12-31 | 2.29 | — | — |
Prudential Financial quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.65 | −0.00 | −0.28% |
| Q1 2026 | 2026-03-31 | 0.62 | −0.08 | −11.53% |
| Q4 2025 | 2025-12-31 | 0.64 | −0.10 | −13.41% |
| Q3 2025 | 2025-09-30 | 0.63 | −0.03 | −4.49% |
| Q2 2025 | 2025-06-30 | 0.65 | −0.06 | −8.02% |
| Q1 2025 | 2025-03-31 | 0.70 | −0.03 | −4.42% |
| Q4 2024 | 2024-12-31 | 0.74 | 0.03 | +3.53% |
| Q3 2024 | 2024-09-30 | 0.66 | −0.10 | −12.81% |
| Q2 2024 | 2024-06-30 | 0.71 | 0.02 | +3.06% |
| Q1 2024 | 2024-03-31 | 0.73 | 0.06 | +8.79% |
| Q4 2023 | 2023-12-31 | 0.71 | 0.02 | +3.48% |
| Q3 2023 | 2023-09-30 | 0.76 | −0.50 | −39.70% |
| Q2 2023 | 2023-06-30 | 0.69 | −0.02 | −3.31% |
| Q1 2023 | 2023-03-31 | 0.67 | 0.21 | +46.52% |
| Q4 2022 | 2022-12-31 | 0.69 | 0.37 | +115.32% |
| Q3 2022 | 2022-09-30 | 1.25 | 0.94 | +295.49% |
| Q2 2022 | 2022-06-30 | 0.71 | 0.39 | +118.86% |
| Q1 2022 | 2022-03-31 | 0.46 | 0.11 | +29.63% |
| Q4 2021 | 2021-12-31 | 0.32 | 0.01 | +1.87% |
| Q3 2021 | 2021-09-30 | 0.32 | −0.00 | −1.48% |
| Q2 2021 | 2021-06-30 | 0.33 | 0.00 | +1.02% |
| Q1 2021 | 2021-03-31 | 0.35 | −0.02 | −5.44% |
| Q4 2020 | 2020-12-31 | 0.31 | −0.02 | −6.48% |
| Q3 2020 | 2020-09-30 | 0.32 | −0.00 | −0.27% |
| Q2 2020 | 2020-06-30 | 0.32 | −0.02 | −5.53% |
| Q1 2020 | 2020-03-31 | 0.38 | −0.01 | −3.56% |
| Q4 2019 | 2019-12-31 | 0.34 | −0.07 | −17.75% |
| Q3 2019 | 2019-09-30 | 0.32 | −0.10 | −24.00% |
| Q2 2019 | 2019-06-30 | 0.34 | −0.05 | −12.20% |
| Q1 2019 | 2019-03-31 | 0.39 | 0.01 | +3.31% |
| Q4 2018 | 2018-12-31 | 0.41 | 0.07 | +19.24% |
| Q3 2018 | 2018-09-30 | 0.42 | 0.04 | +9.48% |
| Q2 2018 | 2018-06-30 | 0.39 | −0.01 | −2.75% |
| Q1 2018 | 2018-03-31 | 0.38 | −0.04 | −8.72% |
| Q4 2017 | 2017-12-31 | 0.34 | −0.08 | −18.18% |
| Q3 2017 | 2017-09-30 | 0.39 | 0.04 | +11.15% |
| Q2 2017 | 2017-06-30 | 0.40 | 0.04 | +12.35% |
| Q1 2017 | 2017-03-31 | 0.41 | −0.01 | −1.24% |
| Q4 2016 | 2016-12-31 | 0.42 | −0.08 | −15.84% |
| Q3 2016 | 2016-09-30 | 0.35 | −0.17 | −32.83% |
| Q2 2016 | 2016-06-30 | 0.36 | −0.22 | −37.72% |
| Q1 2016 | 2016-03-31 | 0.42 | −0.09 | −17.14% |
| Q4 2015 | 2015-12-31 | 0.50 | −0.07 | −12.33% |
| Q3 2015 | 2015-09-30 | 0.52 | −0.13 | −19.82% |
| Q2 2015 | 2015-06-30 | 0.57 | −0.09 | −13.59% |
| Q1 2015 | 2015-03-31 | 0.50 | −0.19 | −27.49% |
| Q4 2014 | 2014-12-31 | 0.57 | −0.18 | −23.76% |
| Q3 2014 | 2014-09-30 | 0.65 | −0.13 | −16.93% |
| Q2 2014 | 2014-06-30 | 0.66 | −0.08 | −11.33% |
| Q1 2014 | 2014-03-31 | 0.70 | 0.00 | +0.28% |
| Q4 2013 | 2013-12-31 | 0.74 | 0.04 | +5.17% |
| Q3 2013 | 2013-09-30 | 0.78 | 0.08 | +12.15% |
| Q2 2013 | 2013-06-30 | 0.75 | 0.02 | +3.21% |
| Q1 2013 | 2013-03-31 | 0.69 | −0.11 | −13.56% |
| Q4 2012 | 2012-12-31 | 0.71 | −0.08 | −10.20% |
| Q3 2012 | 2012-09-30 | 0.69 | −0.03 | −3.81% |
| Q2 2012 | 2012-06-30 | 0.72 | −0.04 | −5.09% |
| Q1 2012 | 2012-03-31 | 0.80 | −0.01 | −0.88% |
| Q4 2011 | 2011-12-31 | 0.79 | −0.00 | −0.48% |
| Q3 2011 | 2011-09-30 | 0.72 | −0.02 | −2.77% |
| Q2 2011 | 2011-06-30 | 0.76 | −0.07 | −7.90% |
| Q1 2011 | 2011-03-31 | 0.81 | −0.11 | −11.55% |
| Q4 2010 | 2010-12-31 | 0.79 | −0.17 | −17.52% |
| Q3 2010 | 2010-09-30 | 0.74 | −0.28 | −27.66% |
| Q2 2010 | 2010-06-30 | 0.83 | −0.53 | −39.21% |
| Q1 2010 | 2010-03-31 | 0.92 | — | — |
| Q4 2009 | 2009-12-31 | 0.96 | −1.34 | −58.21% |
| Q3 2009 | 2009-09-30 | 1.03 | — | — |
| Q2 2009 | 2009-06-30 | 1.36 | — | — |
| Q4 2008 | 2008-12-31 | 2.29 | — | — |
Prudential Financial debt-to-equity ratio trends
Over the last five fiscal years, Prudential Financial's debt-to-equity ratio increased from 0.31 to 0.64, a change of 0.32. The latest reported quarter, Q2 2026, shows 0.65.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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