Prudential (PUK) Balance Sheet: Assets & Liabilities

Prudential (PUK) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Prudential reported total assets of $212.19B and total liabilities of $190.84B. Shareholders' equity was $20.12B, up 15.0% from $17.49B a year earlier. Total debt stood at $4.98B against $3.85B in cash and short-term investments, a net debt position of $1.13B. That puts debt-to-equity at 0.25, compared with 0.27 a year earlier.

Prudential Balance Sheet Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Prudential plc (PUK) - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	3.85	2.45	1.59	1.81	3.73	8.02	2.49	5.48	14.46
Short-Term Investments	0.00	0.00	0.00	0.00	0.23	36.03	57.09	0.00	0.00
Cash & Short-Term Investments	3.85	2.45	1.59	1.81	3.96	44.05	59.58	5.48	14.46
Accounts Receivable	5.21	2.21	3.61	2.79	0.91	6.28	0.79	0.68	0.56
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.00	5.85	3.16	-0.03	-4.75	-45.65	-60.38	-0.68	-0.56
Total Current Assets	12.91	10.51	8.36	4.56	5.30	4.68	0.00	5.48	14.46
Non-Current Assets
Property, Plant & Equipment (Net)	0.53	0.42	0.37	0.44	0.50	0.89	0.80	1.05	0.59
Long-Term Investments	2.76	157.61	151.61	137.26	2.70	191.55	386.31	506.73	460.78
Goodwill	0.90	0.85	0.90	0.89	0.91	0.96	0.73	2.37	2.01
Intangible Assets	3.96	3.82	3.99	3.88	4.02	20.35	13.19	15.19	14.90
Other Non-Current Assets	1.96	8.53	8.69	-14.61	-27.56	154.11	424.77	-152.61	-106.20
Total Non-Current Assets	198.99	171.37	165.71	128.00	141.93	372.72	439.50	372.71	372.07
Total Assets	212.20	181.88	174.07	160.25	188.23	516.10	439.50	647.81	668.20
Current Liabilities
Accounts Payable	2.68	0.00	0.00	2.87	1.12	1.28	2.83	3.01	3.10
Short-Term Debt	0.52	0.53	0.70	0.86	0.90	0.91	0.91	0.98	0.66
Current Portion of Long-Term Debt	-	-	-	0.38	-	-	-	-	-
Accrued Liabilities	-	0.27	0.28	0.26	0.64	15.51	-	-	-
Other Current Liabilities	-1.51	-0.77	-0.97	-0.74	-1.68	15.96	-4.14	9.53	-3.15
Total Current Liabilities	0.00	0.00	0.00	3.21	0.47	18.43	0.00	14.23	1.33
Non-Current Liabilities
Long-Term Debt	4.46	4.20	3.94	4.21	6.99	8.17	7.33	15.22	16.01
Deferred Tax Liabilities	1.83	1.51	1.25	1.14	1.17	0.00	5.24	0.00	0.00
Other Non-Current Liabilities	184.48	157.72	150.85	6.69	175.26	341.71	409.50	342.35	343.17
Total Non-Current Liabilities	190.57	163.09	156.08	12.40	133.99	349.88	420.46	357.57	359.18
Total Liabilities	190.84	163.20	156.08	143.35	169.12	493.98	420.46	625.82	646.43
Stockholders' Equity
Common Stock	0.17	0.18	0.18	0.18	0.18	0.17	0.17	0.10	0.17
Retained Earnings	14.09	11.91	11.93	10.65	12.06	14.42	13.58	21.82	9.48
Accumulated Other Comprehensive Income	0.63	0.40	0.70	0.89	1.68	3.64	2.34	-1.97	0.00
Additional Paid-in Capital	5.03	5.01	5.01	5.01	5.01	2.64	1.84	2.03	12.11
Minority Interest	1.24	1.18	0.16	0.17	0.18	1.24	0.19	0.02	0.01
Shares Outstanding	2.53	2.64	2.74	2.75	2.75	-	-	-	-
Total Stockholders' Equity	20.12	17.49	17.98	16.73	18.94	20.88	19.48	21.97	21.76
Total Liabilities & Equity	212.20	181.88	174.07	160.25	188.23	516.10	454.21	647.81	668.20

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Prudential Balance Sheet

How much debt does Prudential have?

Prudential had total debt of $4.98B as of Dec 31, 2025, against $3.85B in cash and short-term investments. Its debt-to-equity ratio was 0.25. Total debt was $4.72B a year earlier.

What are Prudential's total assets?

Prudential reported total assets of $212.19B as of Dec 31, 2025, up 16.7% from $181.88B a year earlier. Total liabilities were $190.84B.

What is Prudential's shareholders' equity?

Prudential's shareholders' equity was $20.12B as of Dec 31, 2025, or about $7.95 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition