Prudential Financial management check
PRU · Financials · Life & Health Insurance · CEO Andrew F. Sullivan
Filings as of
3 good · 2 to watch · 1 flagged, across the seven questions below.
- Watch
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2021 grew to $184, against $201 for the peer group the company picked itself.
- Watch
Does pay follow performance?
Pay only loosely tracked returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.31 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Good
What does the CEO cost owners?
0.5% of net income$18.6m of reported pay in fiscal 2025, against $3.6bn of net income.
- n/a
Do they own the stock?
No recent CEO filingLight activity: no buys, $2.4m sold in six months.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -1.5% a year over the last three fiscal years. Stock-based pay was 0.4% of revenue in the latest year.
- Flag
Is leadership stable?
2 CEOs in the pay tableCEOs in the pay table: Andrew F. Sullivan, Charles F. Lowrey. 14 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Financials.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 39 | 49 | |
| Pay for performance | 66 | 83 | |
| CEO cost | 74 | 67 | |
| Skin in the game | — | — | 51 |
| Dilution | 69 | 69 | |
| Stable leadership | 15 | 80 | |
| Clean books | 100 | 100 |
Closest peers
Others in Life & Health Insurance, by management score. Prudential Financial is 53rd of 72 in its sector.
- 5AFLAflac92
- 141METMetLife73
- 261PFGPrincipal Financial Group64
- 313PRUPrudential Financial60
- 316GPNGlobal Payments60
- 381GLGlobe Life56
Pay versus performance
From the proxy statement filed March 26, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Andrew F. Sullivan, Charles F. Lowrey | $18.6m | $16.7m | $11.8m | $184 | $201 | $3.6bn |
| 2024 | — | $28.2m | $32.7m | $11.7m | $184 | $186 | $2.7bn |
| 2023 | — | $19.2m | $17.5m | $9.7m | $154 | $149 | $2.5bn |
| 2022 | — | $20.1m | $10.2m | $9.3m | $140 | $136 | −$1.4bn |
| 2021 | — | $19.8m | $31.1m | $9.9m | $145 | $136 | $7.7bn |
The board says pay is tied most to AdjustedEPS. Its other key measures: Adjusted Earnings Per Share (EPS), Return on Equity (ROE), Adjusted Book Value Per Share (BVPS).
Insiders and the CEO's stake
Light activity: no buys, $2.4m sold in six months.
- SoldAnn M KapplerEVP and General Counsel$2.4mAug 14, 2026
Leadership and governance on file
- Mar 10, 2026Leadership change8-K 5.02
- Feb 11, 2026Leadership change8-K 5.02
- Feb 10, 2026Leadership change8-K 5.02
- Dec 22, 2025Leadership change8-K 5.02
- Sep 30, 2025Leadership change8-K 5.02
- Jun 30, 2025Leadership change8-K 5.02
- Mar 4, 2025Leadership change8-K 5.02
- Feb 21, 2025Leadership change8-K 5.02
- Feb 13, 2025Leadership change8-K 5.02
- Dec 3, 2024Leadership change8-K 5.02
- Jul 1, 2024Leadership change8-K 5.02
- Feb 15, 2024Leadership change8-K 5.02
Latest shareholder vote results: May 12, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $16.3bn returned to owners in buybacks and dividends, 102% of net income, and $1.3bn of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $71.2bn | $56.9bn | $54.0bn | $70.4bn | $60.8bn |
| Net income | $8.9bn | −$1.6bn | $2.5bn | $2.7bn | $3.6bn |
| Stock-based pay | $268.0m | $208.0m | $254.0m | $314.0m | $257.0m |
| Buybacks | $2.5bn | $1.5bn | $1.0bn | $1.0bn | $1.0bn |
| Dividends | $1.8bn | $1.8bn | $1.8bn | $1.9bn | $1.9bn |
| Diluted shares | 390m | 372m | 365m | 359m | 354m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.