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Principal Financial Group (PFG) Financials

Principal Financial Group logo
$73.46 -1.54 (-2.05%)
Closing price 04:00 PM Eastern
Extended Trading
$73.42 -0.03 (-0.05%)
As of 04:15 PM Eastern
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Annual Income Statements for Principal Financial Group

Annual Income Statements for Principal Financial Group

This table shows Principal Financial Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
1,209 1,317 2,310 1,547 1,394 1,396 1,580 4,757 623 1,571
Consolidated Net Income / (Loss)
1,253 1,362 2,325 1,554 1,444 1,429 1,627 4,798 670 1,598
Net Income / (Loss) Continuing Operations
1,253 1,362 2,325 1,554 1,444 1,429 1,627 4,798 670 1,598
Total Pre-Tax Income
1,431 1,592 2,252 1,784 1,693 1,694 1,911 5,987 739 1,890
Total Revenue
11,964 12,394 14,093 14,237 16,222 14,742 14,428 17,536 13,666 16,128
Net Interest Income / (Expense)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Income
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Non-Interest Income
11,964 12,394 14,093 14,237 16,222 14,742 14,428 17,536 13,666 16,128
Other Service Charges
3,653 3,627 3,892 4,274 4,410 4,511 5,041 4,138 4,096 4,321
Net Realized & Unrealized Capital Gains on Investments
3,001 3,468 3,984 3,554 3,946 4,193 4,545 4,406 4,185 4,510
Premiums Earned
5,310 5,299 6,217 6,410 7,867 6,037 4,842 5,340 6,471 6,850
Other Non-Interest Income
- - - - - 0.00 0.00 3,653 -1,086 447
Total Non-Interest Expense
10,534 10,802 11,841 12,453 14,529 13,048 12,517 11,549 12,927 14,238
Property & Liability Insurance Claims
6,698 6,913 7,823 8,193 9,906 8,282 7,258 6,631 7,788 8,073
Insurance Policy Acquisition Costs
3,836 3,889 4,018 4,260 4,623 4,767 5,165 5,057 5,161 5,464
Current and Future Benefits
- - - - - - -4.40 -265 -52 671
Other Special Charges
- - - - - - 98 125 29 30
Income Tax Expense
178 230 -72 231 249 265 284 1,190 69 292
Net Income / (Loss) Attributable to Noncontrolling Interest
19 45 14 7.20 50 33 47 41 47 27
Basic Earnings per Share
$4.11 $4.55 $8.00 $5.41 $5.00 $5.08 $5.87 $18.94 $2.58 $6.77
Weighted Average Basic Shares Outstanding
294.40M 289.40M 288.90M 285.80M 274.69M 272.61M 261.23M 243.10M 235.87M 225.57M
Diluted Earnings per Share
$4.06 $4.50 $7.88 $5.36 $4.96 $5.05 $5.79 $18.63 $2.55 $6.68
Weighted Average Diluted Shares Outstanding
294.40M 289.40M 288.90M 285.80M 274.69M 272.61M 261.23M 243.10M 235.87M 225.57M
Weighted Average Basic & Diluted Shares Outstanding
294.40M 289.40M 288.90M 285.80M 274.69M 272.61M 261.23M 243.10M 235.87M 225.57M
Cash Dividends to Common per Share
$1.50 $1.61 $1.87 - - - - $2.56 $2.60 $2.85

Quarterly Income Statements for Principal Financial Group

This table shows Principal Financial Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
1,316 -16 -140 389 1,246 -872 533 353 -220 905
Consolidated Net Income / (Loss)
1,312 8.80 -135 394 1,250 -839 532 357 -193 903
Net Income / (Loss) Continuing Operations
1,312 8.80 -135 394 1,250 -839 532 357 -193 903
Total Pre-Tax Income
1,640 -2.40 -213 454 1,605 -1,107 627 444 -294 1,112
Total Revenue
4,625 3,151 2,819 3,557 4,599 2,691 4,053 4,311 3,012 4,752
Total Non-Interest Income
4,625 3,151 2,819 3,557 4,599 2,691 4,053 4,311 3,012 4,752
Other Service Charges
1,008 999 995 1,018 1,046 1,037 1,053 1,061 1,091 1,115
Net Realized & Unrealized Capital Gains on Investments
893 1,205 1,002 953 1,170 1,060 1,119 1,090 1,284 1,017
Premiums Earned
1,487 1,600 1,449 1,493 1,458 2,072 1,685 1,927 1,413 1,826
Other Non-Interest Income
1,238 -652 -627 94 926 -1,479 197 233 -777 794
Total Non-Interest Expense
2,985 3,153 3,032 3,104 2,994 3,798 3,426 3,867 3,305 3,640
Property & Liability Insurance Claims
1,802 1,896 1,774 1,834 1,711 2,470 2,070 2,078 1,778 2,147
Insurance Policy Acquisition Costs
1,235 1,257 1,266 1,276 1,307 1,312 1,373 1,345 1,351 1,396
Current and Future Benefits
-68 3.50 -5.60 0.70 -42 -4.40 -1.70 445 123 106
Other Special Charges
16 -3.50 -2.90 -6.90 18 21 -15 -0.40 54 -8.80
Income Tax Expense
329 -11 -78 60 355 -268 95 87 -100 210
Net Income / (Loss) Attributable to Noncontrolling Interest
-4.10 25 5.60 4.90 3.90 33 -0.50 3.70 27 -2.90
Basic Earnings per Share
$5.31 ($0.03) ($0.58) $1.60 $5.17 ($3.61) $2.26 $1.51 ($0.95) $3.95
Weighted Average Basic Shares Outstanding
244.68M 243.10M 242.77M 241.71M 238.41M 235.87M 234.38M 231.58M 228.73M 225.57M
Diluted Earnings per Share
$5.22 ($0.04) ($0.58) $1.58 $5.10 ($3.55) $2.22 $1.49 ($0.95) $3.92
Weighted Average Diluted Shares Outstanding
244.68M 243.10M 242.77M 241.71M 238.41M 235.87M 234.38M 231.58M 228.73M 225.57M
Weighted Average Basic & Diluted Shares Outstanding
244.68M 243.10M 242.77M 241.71M 238.41M 235.87M 234.38M 231.58M 228.73M 225.57M

Annual Cash Flow Statements for Principal Financial Group

This table details how cash moves in and out of Principal Financial Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
701 155 -249 507 -462 334 -518 2,516 -140 -496
Net Cash From Operating Activities
4,377 3,858 4,188 5,157 5,493 3,709 3,254 3,173 3,792 4,603
Net Cash From Continuing Operating Activities
4,377 3,858 4,188 5,157 5,493 3,709 3,254 3,173 3,763 4,603
Net Income / (Loss) Continuing Operations
1,253 1,362 2,325 1,554 1,444 1,429 1,627 4,798 670 1,598
Consolidated Net Income / (Loss)
1,253 1,362 2,325 1,554 1,444 1,429 1,627 4,798 670 1,598
Depreciation Expense
193 187 196 205 227 252 275 296 273 256
Amortization Expense
271 285 235 277 371 413 406 422 428 431
Non-Cash Adjustments to Reconcile Net Income
-452 -224 -1,328 -485 -463 -222 -597 -5,144 402 -472
Changes in Operating Assets and Liabilities, net
3,112 2,249 2,761 3,605 3,914 1,838 1,544 2,801 1,990 2,790
Net Cash From Investing Activities
-3,168 -5,154 -4,053 -5,703 -7,689 -4,997 -5,694 1,059 -1,347 -5,399
Net Cash From Continuing Investing Activities
-3,168 -5,154 -4,053 -5,703 -7,689 -4,997 -5,694 1,059 -1,347 -5,399
Purchase of Property, Leasehold Improvements and Equipment
-136 -155 -165 -92 -132 -109 -130 -116 -102 -69
Purchase of Investment Securities
-13,116 -16,763 -16,399 -17,933 -19,450 -19,231 -22,273 -23,397 -14,568 -18,306
Sale and/or Maturity of Investments
10,085 9,873 11,097 8,510 9,496 11,299 13,947 9,842 7,435 9,434
Other Investing Activities, net
- 1,891 1,414 3,813 2,397 3,044 2,735 14,730 5,888 3,543
Net Cash From Financing Activities
-509 1,451 -384 1,053 1,734 1,621 1,922 -1,715 -2,586 300
Net Cash From Continuing Financing Activities
-509 1,451 -384 1,053 1,734 1,621 1,922 -1,715 -2,586 300
Net Change in Deposits
91 129 137 553 623 570 2,923 1,086 -339 571
Issuance of Debt
805 525 2.80 89 562 596 10 16 673 120
Issuance of Common Equity
76 38 163 64 38 43 87 182 58 68
Repayment of Debt
104 -799 -72 -5.60 -32 -66 -1.80 -302 -764 -0.10
Repurchase of Common Equity
-301 -277 -220 -672 -281 -307 -937 -1,695 -740 -1,042
Payment of Dividends
-458 -465 -540 -630 -606 -615 -654 -642 -626 -658
Other Financing Activities, Net
-277 2,301 147 1,653 1,429 1,400 495 -360 -848 1,243
Cash Interest Paid
150 162 149 150 158 163 166 176 171 170
Cash Income Taxes Paid
130 179 79 -96 -8.50 -172 110 142 68 118

Quarterly Cash Flow Statements for Principal Financial Group

This table details how cash moves in and out of Principal Financial Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
1,067 608 -207 -567 490 143 -539 648 1,358 -1,963
Net Cash From Operating Activities
1,171 1,163 695 1,103 1,051 944 584 1,432 1,128 1,459
Net Cash From Continuing Operating Activities
- 3,173 0.00 - - 3,763 0.00 - - 4,603
Net Income / (Loss) Continuing Operations
- 4,798 0.00 - - 670 0.00 - - 1,598
Net Cash From Investing Activities
588 569 -1,104 22 -50 -215 -1,343 -288 2.40 -3,770
Net Cash From Continuing Investing Activities
588 569 -1,104 22 186 -451 -1,343 -288 2.40 -3,770
Purchase of Property, Leasehold Improvements and Equipment
-35 -30 -31 -21 -22 -28 -17 -18 -17 -17
Purchase of Investment Securities
-4,406 -4,722 -4,545 -3,260 -2,712 -4,051 -3,882 -3,415 -3,695 -7,314
Sale and/or Maturity of Investments
1,941 2,082 1,758 1,784 2,146 1,747 1,651 2,233 2,706 2,843
Other Investing Activities, net
3,088 3,238 1,715 1,519 774 1,881 905 913 1,009 717
Net Cash From Financing Activities
-692 -1,123 202 -1,691 -511 -586 220 -496 228 349
Net Cash From Continuing Financing Activities
-692 -1,123 202 -1,691 -511 -586 220 -496 228 349
Net Change in Deposits
424 -18 -308 -125 -116 210 131 305 -26 161
Issuance of Debt
1.50 21 630 61 -58 40 -4.10 4.10 -21 141
Issuance of Common Equity
53 80 20 14 10 14 13 21 9.20 25
Repurchase of Common Equity
-459 -284 -189 -100 -201 -251 -234 -250 -252 -306
Payment of Dividends
-157 -156 -156 -155 -156 -159 -162 -165 -165 -166
Other Financing Activities, Net
-253 -765 204 -626 14 -440 477 -403 675 494

Annual Balance Sheets for Principal Financial Group

This table presents Principal Financial Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets
218,660 228,014 253,941 243,036 276,088 296,628 304,657 290,867 305,047 313,664
Cash and Due from Banks
2,565 2,720 2,471 2,978 2,516 2,850 2,332 4,848 4,708 4,212
Time Deposits Placed and Other Short-Term Investments
- - - - - 78,710 - 62,890 65,673 68,251
Trading Account Securities
51,961 56,757 61,821 62,588 72,662 2,546 80,924 2,469 2,314 3,318
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accrued Investment Income
546 581 611 636 687 711 696 742 786 829
Premises and Equipment, Net
634 699 760 767 968 1,019 1,038 996 938 769
Mortgage Servicing Rights
12,339 13,230 14,151 15,337 16,487 17,343 19,669 20,630 20,143 20,484
Unearned Premiums Asset
1,429 1,362 1,470 1,413 1,740 1,724 656 3,933 3,999 3,772
Deferred Acquisition Cost
3,276 3,380 3,541 3,694 3,521 3,410 3,758 3,948 3,951 4,007
Separate Account Business Assets
136,979 139,833 159,273 144,988 165,468 175,951 182,345 155,375 167,606 173,327
Goodwill
1,009 1,021 1,069 1,100 1,694 1,711 1,628 1,598 1,609 1,550
Intangible Assets
1,359 1,325 1,315 1,315 1,787 1,723 1,601 1,533 1,470 1,390
Other Assets
6,564 7,107 7,462 8,220 8,559 8,931 10,012 31,904 31,851 31,755
Total Liabilities & Shareholders' Equity
218,660 228,014 253,941 243,036 276,088 296,628 304,657 290,867 305,047 313,664
Total Liabilities
209,197 217,623 240,918 231,189 261,137 279,755 288,199 280,587 293,836 302,195
Short-Term Debt
181 51 40 43 93 85 80 81 61 153
Long-Term Debt
3,265 3,126 3,178 3,260 3,734 4,279 4,280 3,997 3,931 3,955
Future Policy Benefits
25,857 29,001 33,019 35,665 40,838 45,207 43,948 43,314 46,827 48,179
Participating Policy Holder Equity
805 890 922 888 959 1,059 1,071 912 917 966
Separate Account Business Liabilities
136,979 139,833 159,273 144,988 165,468 175,951 182,345 155,375 167,606 173,327
Other Long-Term Liabilities
42,110 44,722 44,486 46,345 50,044 53,173 56,474 76,909 74,495 75,614
Redeemable Noncontrolling Interest
86 98 101 391 265 256 333 262 249 338
Total Equity & Noncontrolling Interests
9,377 10,294 12,922 11,456 14,686 16,617 16,126 10,018 10,962 11,131
Total Preferred & Common Equity
9,312 10,227 12,849 11,390 14,618 16,559 16,069 9,977 10,916 11,086
Total Common Equity
9,312 10,227 12,849 11,390 14,618 16,559 16,069 9,977 10,916 11,086
Common Stock
9,550 9,691 9,930 10,066 10,187 10,326 10,500 10,745 10,914 11,106
Retained Earnings
6,876 7,720 9,483 10,290 11,074 11,838 12,885 16,697 16,684 17,584
Treasury Stock
-6,231 -6,509 -6,729 -7,401 -7,682 -7,989 -8,926 -10,587 -11,336 -12,378
Accumulated Other Comprehensive Income / (Loss)
-883 -675 166 -1,565 1,038 2,383 1,611 -6,879 -5,345 -5,225
Noncontrolling Interest
66 67 73 66 68 58 56 41 46 45

Quarterly Balance Sheets for Principal Financial Group

This table presents Principal Financial Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
282,581 299,408 299,187 287,948 308,684 308,777 322,858
Cash and Due from Banks
4,240 4,641 4,074 4,564 4,168 4,817 6,175
Time Deposits Placed and Other Short-Term Investments
- - 64,242 61,582 65,691 65,769 69,148
Trading Account Securities
64,728 67,918 2,537 2,482 2,367 2,299 2,441
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accrued Investment Income
762 798 778 819 839 823 840
Premises and Equipment, Net
1,006 986 958 958 914 806 798
Mortgage Servicing Rights
20,603 20,604 20,409 20,229 20,295 20,253 20,015
Unearned Premiums Asset
4,337 3,838 3,858 3,897 3,920 3,990 3,730
Deferred Acquisition Cost
4,834 3,948 3,950 3,948 3,966 3,973 3,992
Separate Account Business Assets
146,571 162,001 164,211 155,478 171,788 171,400 180,654
Goodwill
1,548 1,636 1,638 1,594 1,569 1,570 1,597
Intangible Assets
1,525 1,536 1,518 1,480 1,436 1,419 1,424
Other Assets
32,427 31,504 31,013 30,916 31,732 31,660 32,043
Total Liabilities & Shareholders' Equity
282,581 299,408 299,187 287,948 308,684 308,777 322,858
Total Liabilities
272,837 288,875 288,531 276,966 297,082 297,441 311,265
Short-Term Debt
67 24 26 24 51 50 37
Long-Term Debt
3,981 4,689 3,993 3,930 3,932 3,932 3,933
Future Policy Benefits
43,577 44,700 44,324 42,686 46,096 46,988 49,833
Participating Policy Holder Equity
1,007 931 944 946 880 887 911
Separate Account Business Liabilities
146,571 162,001 164,211 155,478 171,788 171,400 180,654
Other Long-Term Liabilities
77,634 76,530 75,034 73,902 74,336 74,184 75,897
Redeemable Noncontrolling Interest
255 273 267 260 371 277 312
Total Equity & Noncontrolling Interests
9,488 10,261 10,390 10,723 11,230 11,059 11,281
Total Preferred & Common Equity
9,446 10,218 10,345 10,672 11,186 11,013 11,237
Total Common Equity
9,446 10,218 10,345 10,672 11,186 11,013 11,237
Common Stock
10,642 10,796 10,837 10,875 10,959 11,010 11,050
Retained Earnings
17,211 16,399 16,630 17,717 17,051 17,235 16,847
Treasury Stock
-10,337 -10,775 -10,877 -11,080 -11,568 -11,821 -12,075
Accumulated Other Comprehensive Income / (Loss)
-8,071 -6,201 -6,245 -6,841 -5,256 -5,412 -4,585
Noncontrolling Interest
42 43 45 51 45 46 44

Annual Metrics and Ratios for Principal Financial Group

This table displays calculated financial ratios and metrics derived from Principal Financial Group's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
14.19% 3.59% 13.71% 1.02% 13.94% -9.13% -2.13% 21.54% -22.07% 18.02%
EBITDA Growth
-6.74% 8.91% 30.00% -15.50% 1.09% 2.92% 9.91% 158.69% -78.53% 78.99%
EBIT Growth
-4.29% 11.25% 41.50% -20.77% -5.11% 0.01% 12.84% 213.31% -87.66% 155.77%
NOPAT Growth
6.53% 8.67% 70.69% -33.16% -7.05% -1.08% 13.90% 194.87% -86.03% 138.46%
Net Income Growth
6.53% 8.67% 70.69% -33.16% -7.05% -1.08% 13.90% 194.87% -86.03% 138.46%
EPS Growth
11.23% 10.84% 75.11% -31.98% -7.46% 1.81% 14.65% 221.76% -86.31% 161.96%
Operating Cash Flow Growth
41.06% -11.86% 8.56% 23.13% 6.53% -32.47% -12.26% -2.50% 19.52% 21.37%
Free Cash Flow Firm Growth
8.12% -41.09% -149.54% 859.65% -182.58% 52.84% 298.57% 450.39% -101.55% 799.14%
Invested Capital Growth
0.47% 5.10% 19.70% -6.72% 23.95% 13.09% -1.97% -31.03% 5.89% 2.46%
Revenue Q/Q Growth
-0.84% 6.05% -1.92% 3.89% 1.73% -1.88% 3.52% -5.09% -3.26% 14.65%
EBITDA Q/Q Growth
-2.47% 2.44% -0.85% -0.58% 46.43% 60.08% 25.45% 1.62% -21.91% 880.85%
EBIT Q/Q Growth
-0.57% 4.76% -2.87% -3.87% 8.21% 14.95% -7.52% -9.27% -59.93% 672.61%
NOPAT Q/Q Growth
-1.73% 6.23% 27.73% -28.23% 6.14% 14.07% -6.69% -9.38% -55.86% 791.73%
Net Income Q/Q Growth
-1.73% 6.23% 27.73% -28.23% 6.14% 14.07% -6.69% -9.38% -55.86% 1,211.20%
EPS Q/Q Growth
-1.22% 5.63% 29.18% -27.57% 5.31% 14.25% -6.91% -8.81% -57.92% 945.57%
Operating Cash Flow Q/Q Growth
3.52% -3.10% -8.14% 20.67% -7.01% -10.38% 20.27% 0.50% -5.46% 12.60%
Free Cash Flow Firm Q/Q Growth
10.02% 287.00% -145.76% 10.36% 14.09% -128,662.50% 60.76% -8.69% -146.97% 242.60%
Invested Capital Q/Q Growth
-2.73% -5.59% 5.25% -0.32% -1.70% 4.33% -0.04% 4.11% 1.78% 0.09%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
15.84% 16.65% 19.03% 15.92% 14.13% 16.00% 17.97% 38.24% 10.53% 15.98%
EBIT Margin
11.96% 12.84% 15.98% 12.53% 10.44% 11.49% 13.24% 34.14% 5.41% 11.72%
Profit (Net Income) Margin
10.47% 10.99% 16.49% 10.91% 8.90% 9.69% 11.28% 27.36% 4.90% 9.91%
Tax Burden Percent
87.59% 85.56% 103.21% 87.07% 85.28% 84.35% 85.14% 80.13% 90.70% 84.56%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
12.41% 14.44% -3.21% 12.93% 14.72% 15.65% 14.86% 19.87% 9.30% 15.44%
Return on Invested Capital (ROIC)
9.73% 10.29% 15.60% 9.90% 8.51% 7.14% 7.74% 27.28% 4.53% 10.38%
ROIC Less NNEP Spread (ROIC-NNEP)
9.73% 10.29% 15.60% 9.90% 8.51% 7.14% 7.74% 27.28% 4.53% 10.38%
Return on Net Nonoperating Assets (RNNOA)
2.96% 3.43% 4.26% 2.60% 2.27% 1.84% 2.03% 8.61% 1.70% 3.71%
Return on Equity (ROE)
12.69% 13.72% 19.86% 12.49% 10.78% 8.98% 9.76% 35.89% 6.24% 14.09%
Cash Return on Invested Capital (CROIC)
9.26% 5.31% -2.34% 16.85% -12.88% -5.15% 9.73% 64.01% -1.18% 7.95%
Operating Return on Assets (OROA)
0.65% 0.71% 0.93% 0.72% 0.65% 0.59% 0.64% 2.01% 0.25% 0.61%
Return on Assets (ROA)
0.57% 0.61% 0.96% 0.63% 0.56% 0.50% 0.54% 1.61% 0.22% 0.52%
Return on Common Equity (ROCE)
12.52% 13.50% 19.57% 12.18% 10.46% 8.80% 9.56% 34.96% 6.06% 13.67%
Return on Equity Simple (ROE_SIMPLE)
13.46% 13.32% 18.09% 13.64% 9.88% 8.63% 10.12% 48.09% 6.14% 14.41%
Net Operating Profit after Tax (NOPAT)
1,253 1,362 2,325 1,554 1,444 1,429 1,627 4,798 670 1,598
NOPAT Margin
10.47% 10.99% 16.49% 10.91% 8.90% 9.69% 11.28% 27.36% 4.90% 9.91%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
88.04% 87.16% 84.02% 87.47% 89.56% 88.51% 86.76% 65.86% 94.59% 88.28%
Earnings before Interest and Taxes (EBIT)
1,431 1,592 2,252 1,784 1,693 1,694 1,911 5,987 739 1,890
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
1,895 2,063 2,683 2,267 2,292 2,358 2,592 6,705 1,440 2,577
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.05 1.25 1.25 0.90 0.89 0.74 1.11 1.92 1.66 1.60
Price to Tangible Book Value (P/TBV)
1.41 1.62 1.54 1.14 1.17 0.93 1.39 2.80 2.31 2.17
Price to Revenue (P/Rev)
0.82 1.03 1.14 0.72 0.80 0.83 1.24 1.09 1.33 1.10
Price to Earnings (P/E)
8.07 9.69 6.96 6.63 9.36 8.77 11.31 4.02 29.07 11.27
Dividend Yield
4.50% 3.63% 3.36% 5.80% 4.64% 5.03% 3.62% 3.27% 3.42% 3.68%
Earnings Yield
12.40% 10.32% 14.37% 15.09% 10.69% 11.41% 8.84% 24.86% 3.44% 8.87%
Enterprise Value to Invested Capital (EV/IC)
0.84 0.99 1.05 0.73 0.78 0.00 0.97 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
0.90 1.08 1.21 0.78 0.91 0.00 1.41 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)
5.69 6.49 6.34 4.87 6.41 0.00 7.83 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
7.54 8.41 7.55 6.18 8.67 0.00 10.62 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
8.61 9.83 7.31 7.10 10.17 0.00 12.47 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
2.46 3.47 4.06 2.14 2.67 0.00 6.23 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
9.04 19.04 0.00 4.17 0.00 0.00 9.92 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.36 0.31 0.25 0.28 0.26 0.26 0.26 0.40 0.36 0.36
Long-Term Debt to Equity
0.35 0.30 0.24 0.28 0.25 0.25 0.26 0.39 0.35 0.34
Financial Leverage
0.30 0.33 0.27 0.26 0.27 0.26 0.26 0.32 0.38 0.36
Leverage Ratio
22.16 22.50 20.58 19.98 19.37 18.00 18.04 22.27 27.73 27.28
Compound Leverage Factor
22.16 22.50 20.58 19.98 19.37 18.00 18.04 22.27 27.73 27.28
Debt to Total Capital
26.70% 23.42% 19.81% 21.80% 20.38% 20.55% 20.94% 28.40% 26.26% 26.37%
Short-Term Debt to Total Capital
1.40% 0.38% 0.24% 0.28% 0.50% 0.40% 0.38% 0.56% 0.40% 0.98%
Long-Term Debt to Total Capital
25.29% 23.04% 19.57% 21.52% 19.89% 20.15% 20.56% 27.84% 25.86% 25.39%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
1.17% 1.21% 1.07% 3.02% 1.77% 1.48% 1.87% 2.11% 1.94% 2.46%
Common Equity to Total Capital
72.13% 75.38% 79.12% 75.18% 77.85% 77.97% 77.19% 69.49% 71.80% 71.17%
Debt to EBITDA
1.82 1.54 1.20 1.46 1.67 1.85 1.68 0.61 2.77 1.59
Net Debt to EBITDA
0.47 0.22 0.28 0.14 0.57 -32.73 0.78 -9.49 -46.12 -26.53
Long-Term Debt to EBITDA
1.72 1.51 1.18 1.44 1.63 1.81 1.65 0.60 2.73 1.54
Debt to NOPAT
2.75 2.33 1.38 2.13 2.65 3.05 2.68 0.85 5.96 2.57
Net Debt to NOPAT
0.70 0.34 0.32 0.21 0.91 -54.04 1.25 -13.27 -99.07 -42.78
Long-Term Debt to NOPAT
2.61 2.30 1.37 2.10 2.59 3.00 2.63 0.83 5.87 2.48
Noncontrolling Interest Sharing Ratio
1.30% 1.59% 1.44% 2.54% 2.95% 2.03% 2.11% 2.59% 2.78% 2.99%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
1,193 703 -348 2,645 -2,184 -1,030 2,046 11,258 -175 1,224
Operating Cash Flow to CapEx
3,209.02% 2,490.51% 2,541.26% 5,586.67% 4,148.94% 3,409.28% 2,505.31% 2,728.20% 3,718.04% 6,690.26%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.05 0.06 0.06 0.06 0.06 0.05 0.05 0.06 0.05 0.05
Fixed Asset Turnover
19.55 18.60 19.33 18.65 18.70 14.84 14.03 17.24 14.13 18.89
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
12,909 13,568 16,241 15,150 18,778 21,237 20,818 14,358 15,203 15,577
Invested Capital Turnover
0.93 0.94 0.95 0.91 0.96 0.74 0.69 1.00 0.92 1.05
Increase / (Decrease) in Invested Capital
60 659 2,673 -1,091 3,629 2,459 -419 -6,461 845 374
Enterprise Value (EV)
10,789 13,384 17,001 11,034 14,689 -64,645 20,287 -44,222 -47,978 -50,267
Market Capitalization
9,756 12,763 16,080 10,251 13,045 12,237 17,870 19,135 18,116 17,706
Book Value per Share
$31.81 $35.55 $44.50 $40.24 $52.64 $60.27 $60.62 $40.77 $45.79 $48.47
Tangible Book Value per Share
$23.72 $27.40 $36.24 $31.71 $40.11 $47.77 $48.44 $27.98 $32.87 $35.62
Total Capital
12,909 13,568 16,241 15,150 18,778 21,237 20,818 14,358 15,203 15,577
Total Debt
3,446 3,177 3,218 3,303 3,828 4,364 4,360 4,078 3,992 4,108
Total Long-Term Debt
3,265 3,126 3,178 3,260 3,734 4,279 4,280 3,997 3,931 3,955
Net Debt
882 458 747 325 1,312 -77,196 2,028 -63,660 -66,389 -68,355
Capital Expenditures (CapEx)
136 155 165 92 132 109 130 116 102 69
Net Nonoperating Expense (NNE)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)
3,446 3,177 3,218 3,303 3,828 4,364 4,360 4,078 3,992 4,108
Total Depreciation and Amortization (D&A)
464 472 430 482 598 665 681 718 701 687
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$4.11 $4.55 $8.00 $5.41 $5.00 $5.08 $6.36 $19.16 $2.58 $6.77
Adjusted Weighted Average Basic Shares Outstanding
291.63M 287.48M 289.66M 278.31M 274.69M 272.61M 261.23M 243.10M 235.87M 225.57M
Adjusted Diluted Earnings per Share
$4.06 $4.50 $7.88 $5.36 $4.96 $5.05 $6.27 $18.85 $2.55 $6.68
Adjusted Weighted Average Diluted Shares Outstanding
291.63M 287.48M 289.66M 278.31M 274.69M 272.61M 261.23M 243.10M 235.87M 225.57M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
291.63M 287.48M 289.66M 278.31M 274.69M 272.61M 261.23M 243.10M 235.87M 225.57M
Normalized Net Operating Profit after Tax (NOPAT)
1,253 1,362 1,577 1,554 1,444 1,429 1,711 4,898 696 1,624
Normalized NOPAT Margin
10.47% 10.99% 11.19% 10.91% 8.90% 9.69% 11.86% 27.93% 5.10% 10.07%
Pre Tax Income Margin
11.96% 12.84% 15.98% 12.53% 10.44% 11.49% 13.24% 34.14% 5.41% 11.72%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
36.51% 34.14% 23.23% 40.53% 41.96% 43.02% 40.20% 13.39% 93.34% 41.20%
Augmented Payout Ratio
60.49% 54.50% 32.71% 83.75% 61.42% 64.51% 97.81% 48.72% 203.84% 106.44%

Quarterly Metrics and Ratios for Principal Financial Group

This table displays calculated financial ratios and metrics derived from Principal Financial Group's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
35.10% -25.97% -8.93% -46.62% -0.58% -14.60% 43.79% 21.18% -34.51% 76.60%
EBITDA Growth
283.18% -100.55% -156.16% -88.58% -2.16% -46,033.33% 395.11% -2.14% -118.31% 200.47%
EBIT Growth
283.18% -100.55% -156.16% -88.58% -2.16% -46,033.33% 395.11% -2.14% -118.31% 200.47%
NOPAT Growth
260.03% -100.45% -143.34% -87.44% -4.69% -46,033.33% 457.65% -9.37% -116.45% 216.45%
Net Income Growth
260.03% -97.65% -139.19% -87.44% -4.69% -9,636.36% 495.54% -9.37% -115.47% 207.54%
EPS Growth
295.45% -103.13% -145.31% -87.02% -2.30% -8,775.00% 482.76% -5.70% -118.63% 210.42%
Operating Cash Flow Growth
20.30% 1.38% 2,107.30% 36.58% -10.28% -18.84% -15.98% 29.86% 7.37% 54.56%
Free Cash Flow Firm Growth
7,901.12% 714.21% -60.58% -83.23% -98.75% -125.08% -86.32% -120.26% -896.04% 132.60%
Invested Capital Growth
-33.78% -31.03% -9.35% -6.49% 8.31% 5.89% 2.21% 4.38% 4.20% 2.46%
Revenue Q/Q Growth
-30.60% -31.88% -10.53% 26.19% 29.28% -41.49% 50.64% 6.35% -30.14% 57.79%
EBITDA Q/Q Growth
-58.69% -100.15% -8,754.17% 313.46% 253.81% -168.99% 156.64% -29.21% -166.19% 478.62%
EBIT Q/Q Growth
-58.69% -100.15% -8,754.17% 313.46% 253.81% -168.99% 156.64% -29.21% -166.19% 478.62%
NOPAT Q/Q Growth
-58.15% -100.13% -8,754.17% 364.67% 217.53% -162.00% 168.64% -32.93% -157.64% 538.83%
Net Income Q/Q Growth
-58.15% -99.33% -1,628.41% 392.71% 217.53% -167.13% 163.39% -32.93% -154.20% 566.65%
EPS Q/Q Growth
-57.11% -100.77% -1,350.00% 372.41% 222.78% -169.61% 162.54% -32.88% -163.76% 512.63%
Operating Cash Flow Q/Q Growth
45.07% -0.67% -40.23% 58.56% -4.71% -10.15% -38.11% 145.07% -21.21% 29.34%
Free Cash Flow Firm Q/Q Growth
-0.91% -22.62% -77.95% -0.79% -92.60% -1,648.89% 112.03% -246.90% -190.83% 163.42%
Invested Capital Q/Q Growth
-12.13% 4.11% 6.19% -3.74% 1.78% 1.78% 2.50% -1.70% 1.60% 0.09%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
35.47% -0.08% -7.54% 12.75% 34.90% -41.15% 15.47% 10.30% -9.76% 23.41%
EBIT Margin
35.47% -0.08% -7.54% 12.75% 34.90% -41.15% 15.47% 10.30% -9.76% 23.41%
Profit (Net Income) Margin
28.36% 0.28% -4.77% 11.07% 27.18% -31.19% 13.13% 8.28% -6.42% 18.99%
Tax Burden Percent
79.96% -366.67% 63.29% 86.79% 77.89% 75.79% 84.84% 80.38% 65.83% 81.13%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
20.04% 0.00% 0.00% 13.21% 22.11% 0.00% 15.17% 19.62% 0.00% 18.87%
Return on Invested Capital (ROIC)
30.27% -0.05% -5.68% 10.31% 26.73% -26.63% 12.69% 8.64% -6.30% 19.90%
ROIC Less NNEP Spread (ROIC-NNEP)
30.27% 0.20% -5.37% 10.31% 26.73% -28.22% 12.69% 8.64% -5.99% 19.90%
Return on Net Nonoperating Assets (RNNOA)
9.70% 0.06% -2.19% 3.92% 10.32% -10.60% 4.98% 3.14% -2.10% 7.11%
Return on Equity (ROE)
39.97% 0.01% -7.87% 14.24% 37.05% -37.23% 17.67% 11.78% -8.40% 27.01%
Cash Return on Invested Capital (CROIC)
71.23% 64.01% 36.75% 17.11% 2.59% -1.18% 6.48% 4.38% -5.63% 7.95%
Operating Return on Assets (OROA)
2.25% 0.00% -0.44% 0.61% 1.73% -1.89% 0.76% 0.53% -0.45% 1.22%
Return on Assets (ROA)
1.80% 0.02% -0.28% 0.53% 1.35% -1.43% 0.64% 0.43% -0.30% 0.99%
Return on Common Equity (ROCE)
38.91% 0.01% -7.63% 13.83% 35.97% -36.19% 17.09% 11.44% -8.15% 26.20%
Return on Equity Simple (ROE_SIMPLE)
56.04% 0.00% 42.28% 15.27% 14.23% 0.00% 11.95% 11.80% -1.28% 0.00%
Net Operating Profit after Tax (NOPAT)
1,312 -1.68 -149 394 1,250 -775 532 357 -206 903
NOPAT Margin
28.36% -0.05% -5.28% 11.07% 27.18% -28.80% 13.13% 8.28% -6.83% 18.99%
Net Nonoperating Expense Percent (NNEP)
0.00% -0.25% -0.31% 0.00% 0.00% 1.59% 0.00% 0.00% -0.31% 0.00%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
64.53% 100.08% 107.54% 87.25% 65.10% 141.15% 84.53% 89.70% 109.76% 76.59%
Earnings before Interest and Taxes (EBIT)
1,640 -2.40 -213 454 1,605 -1,107 627 444 -294 1,112
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
1,640 -2.40 -213 454 1,605 -1,107 627 444 -294 1,112
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.82 1.92 1.71 1.72 1.58 1.66 1.84 1.67 1.77 1.60
Price to Tangible Book Value (P/TBV)
2.70 2.80 2.47 2.47 2.21 2.31 2.52 2.29 2.42 2.17
Price to Revenue (P/Rev)
0.93 1.09 1.01 1.26 1.19 1.33 1.38 1.17 1.41 1.10
Price to Earnings (P/E)
3.28 4.02 4.08 11.48 11.37 29.07 15.88 14.59 0.00 11.27
Dividend Yield
3.70% 3.27% 3.57% 3.50% 3.69% 3.42% 3.07% 3.47% 3.25% 3.68%
Earnings Yield
30.45% 24.86% 24.54% 8.71% 8.79% 3.44% 6.30% 6.85% 0.00% 8.87%
Enterprise Value to Invested Capital (EV/IC)
1.26 0.00 1.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
0.94 0.00 1.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)
2.63 0.00 3.30 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
2.63 0.00 3.30 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
3.27 0.00 4.13 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
5.49 0.00 4.65 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
1.41 0.00 3.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.42 0.40 0.45 0.38 0.36 0.36 0.34 0.35 0.34 0.36
Long-Term Debt to Equity
0.41 0.39 0.45 0.37 0.36 0.35 0.34 0.35 0.34 0.34
Financial Leverage
0.32 0.32 0.41 0.38 0.39 0.38 0.39 0.36 0.35 0.36
Leverage Ratio
22.18 22.27 25.93 26.92 27.53 27.73 27.47 27.64 27.06 27.28
Compound Leverage Factor
22.18 22.27 25.93 26.92 27.53 27.73 27.47 27.64 27.06 27.28
Debt to Total Capital
29.35% 28.40% 30.91% 27.39% 26.47% 26.26% 25.55% 26.00% 25.51% 26.37%
Short-Term Debt to Total Capital
0.48% 0.56% 0.16% 0.18% 0.16% 0.40% 0.33% 0.33% 0.24% 0.98%
Long-Term Debt to Total Capital
28.87% 27.84% 30.75% 27.21% 26.31% 25.86% 25.23% 25.67% 25.27% 25.39%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
2.16% 2.11% 2.07% 2.12% 2.08% 1.94% 2.67% 2.11% 2.29% 2.46%
Common Equity to Total Capital
68.50% 69.49% 67.02% 70.49% 71.45% 71.80% 71.78% 71.90% 72.20% 71.17%
Debt to EBITDA
0.61 0.61 0.87 2.14 2.14 2.77 2.52 2.54 -12.03 1.59
Net Debt to EBITDA
-0.03 -9.49 0.01 -34.22 -33.73 -46.12 -41.74 -42.46 216.22 -26.53
Long-Term Debt to EBITDA
0.60 0.60 0.87 2.12 2.13 2.73 2.49 2.51 -11.92 1.54
Debt to NOPAT
0.76 0.85 1.09 2.54 2.60 5.96 2.98 3.06 -17.19 2.57
Net Debt to NOPAT
-0.04 -13.27 0.02 -40.70 -40.97 -99.07 -49.29 -51.25 308.89 -42.78
Long-Term Debt to NOPAT
0.75 0.83 1.09 2.53 2.59 5.87 2.94 3.03 -17.03 2.48
Noncontrolling Interest Sharing Ratio
2.67% 2.59% 2.97% 2.83% 2.93% 2.78% 3.30% 2.89% 2.95% 2.99%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
8,347 6,459 1,424 1,413 105 -1,620 195 -286 -833 528
Operating Cash Flow to CapEx
3,384.39% 3,877.33% 2,214.33% 5,275.12% 4,819.27% 3,383.51% 3,477.38% 7,998.32% 6,558.14% 8,633.14%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.06 0.06 0.06 0.05 0.05 0.05 0.05 0.05 0.05 0.05
Fixed Asset Turnover
17.84 17.24 17.20 14.51 14.38 14.13 15.69 17.75 16.02 18.89
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
13,791 14,358 15,246 14,675 14,936 15,203 15,583 15,319 15,563 15,577
Invested Capital Turnover
1.07 1.00 1.08 0.93 0.98 0.92 0.97 1.04 0.92 1.05
Increase / (Decrease) in Invested Capital
-7,036 -6,461 -1,573 -1,019 1,146 845 337 643 627 374
Enterprise Value (EV)
17,331 -44,222 17,823 -46,204 -45,066 -47,978 -44,884 -47,893 -51,104 -50,267
Market Capitalization
17,226 19,135 17,435 17,781 16,815 18,116 20,577 18,387 19,893 17,706
Book Value per Share
$37.90 $40.77 $42.03 $42.61 $44.15 $45.79 $47.72 $46.99 $48.52 $48.47
Tangible Book Value per Share
$25.57 $27.98 $28.98 $29.61 $31.43 $32.87 $34.90 $34.24 $35.48 $35.62
Total Capital
13,791 14,358 15,246 14,675 14,936 15,203 15,583 15,319 15,563 15,577
Total Debt
4,048 4,078 4,713 4,019 3,954 3,992 3,982 3,982 3,970 4,108
Total Long-Term Debt
3,981 3,997 4,689 3,993 3,930 3,931 3,932 3,932 3,933 3,955
Net Debt
-192 -63,660 72 -64,297 -62,192 -66,389 -65,878 -66,603 -71,353 -68,355
Capital Expenditures (CapEx)
35 30 31 21 22 28 17 18 17 17
Net Nonoperating Expense (NNE)
0.00 -10 -14 0.00 0.00 64 0.00 0.00 -12 0.00
Net Nonoperating Obligations (NNO)
4,048 4,078 4,713 4,019 3,954 3,992 3,982 3,982 3,970 4,108
Total Depreciation and Amortization (D&A)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$5.59 ($0.03) ($0.58) $1.60 $5.17 ($3.61) $2.26 $1.51 ($0.95) $3.95
Adjusted Weighted Average Basic Shares Outstanding
244.68M 243.10M 242.77M 241.71M 238.41M 235.87M 234.38M 231.58M 228.73M 225.57M
Adjusted Diluted Earnings per Share
$5.50 ($0.04) ($0.58) $1.58 $5.10 ($3.55) $2.22 $1.49 ($0.95) $3.92
Adjusted Weighted Average Diluted Shares Outstanding
244.68M 243.10M 242.77M 241.71M 238.41M 235.87M 234.38M 231.58M 228.73M 225.57M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
244.68M 243.10M 242.77M 241.71M 238.41M 235.87M 234.38M 231.58M 228.73M 225.57M
Normalized Net Operating Profit after Tax (NOPAT)
1,324 -4.13 -151 388 1,264 -761 520 356 -168 895
Normalized NOPAT Margin
28.63% -0.13% -5.35% 10.90% 27.50% -28.27% 12.82% 8.27% -5.57% 18.84%
Pre Tax Income Margin
35.47% -0.08% -7.54% 12.75% 34.90% -41.15% 15.47% 10.30% -9.76% 23.41%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
12.37% 13.39% 14.60% 39.50% 41.02% 93.34% 47.31% 49.45% -453.20% 41.20%
Augmented Payout Ratio
45.66% 48.72% 39.96% 102.73% 89.77% 203.84% 106.13% 121.47% -1,139.57% 106.44%

Frequently Asked Questions About Principal Financial Group's Financials

When does Principal Financial Group's financial year end?

According to the most recent income statement we have on file, Principal Financial Group's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Principal Financial Group's net income changed over the last 9 years?

Principal Financial Group's net income appears to be on an upward trend, with a most recent value of $1.60 billion in 2024, rising from $1.25 billion in 2015. The previous period was $670.10 million in 2023.

How has Principal Financial Group revenue changed over the last 9 years?

Over the last 9 years, Principal Financial Group's total revenue changed from $11.96 billion in 2015 to $16.13 billion in 2024, a change of 34.8%.

How much debt does Principal Financial Group have?

Principal Financial Group's total liabilities were at $302.19 billion at the end of 2024, a 2.8% increase from 2023, and a 44.5% increase since 2015.

How much cash does Principal Financial Group have?

In the past 9 years, Principal Financial Group's cash and equivalents has ranged from $2.33 billion in 2021 to $4.85 billion in 2022, and is currently $4.21 billion as of their latest financial filing in 2024.

How has Principal Financial Group's book value per share changed over the last 9 years?

Over the last 9 years, Principal Financial Group's book value per share changed from 31.81 in 2015 to 48.47 in 2024, a change of 52.4%.



This page (NYSE:PFG) was last updated on 4/25/2025 by MarketBeat.com Staff
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