The BusinessWeek 50 Ranking
33
Prudential Financial
INSURANCE companies aren't generally known for red-hot growth. But Newark (N.J.)-based Prudential Financial saw its profits rise 49% last year. Its stock, meanwhile, soared 33%, more than twice as much as its peers. Growth at the No. 3 U.S. provider of brokersold variable annuities has been generated in part by a shopping spree. The latest deal, on Mar. 9, is Prudential’s $560 million acquisition of Allstate Corp.’s variable annuity business. And CEO Ryan still has some $3 billion in capital with which he can buy back stock or make strategic acquisitions in an industry that is ripe for consolidation.
Company Info |
|
| 2005 Rank | 117 |
| GET MORE COMPANY INFO | PRU |
| Market Value $ Million | 38,481.0 |
| Total Return $ Million | (1-yr.) 36.5
(3-yr.) 165.8 |
| 2005 Sales $ Billion | 31.7 |
| Sales Growth $ Million | (1-yr.) 13
(3-yr.) 5.8 |
| Long-Term Growth Est. % | 13.0 |
| Net income $ Million | 3,602.0 |
| Net Income Growth $ Million | (1-yr.) 49
(3-yr.) 131.5 |
| Net Margin %* | 11.4 |
| Return on Inv. Capital (%)* | 11.6 |
| Share Price 12-Mo. Hi/Lo | 79/55 |
| P/E Ratio | 12 |
| Industry | Insurance |
| CORPORATE WEB SITE | |
