Principal Financial Group Key Executives

This section highlights Principal Financial Group's key executives, including their titles and compensation details.

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Principal Financial Group Earnings

This section highlights Principal Financial Group's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: April 24, 2025
Time: Before Market
Est. EPS: $1.90
Status: Unconfirmed

Last Earnings Results

Date: February 06, 2025
EPS: $1.94
Est. EPS: $2.02
Revenue: $4.75B

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q4 2024 2025-02-07 N/A N/A
Read Transcript Q3 2024 2024-10-25 N/A N/A
Read Transcript Q2 2024 2024-07-26 N/A N/A
Read Transcript Q1 2024 2024-04-26 N/A N/A
Read Transcript Q4 2023 2024-02-13 N/A N/A
Read Transcript Q3 2023 2023-10-27 N/A N/A
Read Transcript Q2 2023 2023-07-28 N/A N/A
Read Transcript Q1 2023 2023-04-28 N/A N/A

Principal Financial Group, Inc. (PFG)

Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides a portfolio of asset accumulation products and services for retirement savings and income. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, and bank products. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, India, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products in the United States. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.

Financial Services Insurance - Diversified

$86.03

Stock Price

$19.40B

Market Cap

19.70K

Employees

Des Moines, IA

Location

Financial Statements

Access annual & quarterly financial statements for Principal Financial Group, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $16.13B $13.67B $17.49B $14.26B $14.74B
Cost of Revenue $- $- $- $- $-
Gross Profit $16.13B $13.67B $17.49B $14.26B $14.74B
Gross Profit Ratio 100.00% 100.00% 100.00% 100.00% 100.00%
Research and Development Expenses $- $- $- $- $-
General and Administrative Expenses $- $- $- $- $4.65B
Selling and Marketing Expenses $- $- $- $- $-
Selling General and Administrative Expenses $- $5.07B $4.96B $5.07B $4.65B
Other Expenses $5.36B $- $4.97B $-12.23B $-17.73B
Operating Expenses $5.36B $5.07B $4.97B $-12.23B $-13.08B
Cost and Expenses $5.36B $5.07B $11.43B $12.18B $13.05B
Interest Income $- $- $- $- $-
Interest Expense $- $- $1.20M $1.00M $1.00M
Depreciation and Amortization $256.20M $272.70M $331.40M $307.70M $276.70M
EBITDA $- $- $6.28B $- $-
EBITDA Ratio 0.00% 0.00% 36.11% 16.21% 12.97%
Operating Income $- $8.59B $6.02B $2.04B $1.66B
Operating Income Ratio 0.00% 62.88% 34.41% 14.28% 11.27%
Total Other Income Expenses Net $1.89B $-7.85B $-6.59B $-7.27B $-8.40B
Income Before Tax $1.89B $738.80M $6.06B $2.08B $1.69B
Income Before Tax Ratio 11.72% 5.41% 34.65% 14.61% 11.49%
Income Tax Expense $291.70M $68.70M $1.21B $326.20M $265.00M
Net Income $1.57B $623.20M $4.76B $1.58B $1.40B
Net Income Ratio 9.74% 4.56% 27.20% 11.08% 9.47%
EPS $6.77 $2.64 $18.94 $6.36 $5.08
EPS Diluted $6.68 $2.55 $18.63 $6.27 $5.05
Weighted Average Shares Outstanding 232.00M 236.44M 251.10M 269.00M 274.70M
Weighted Average Shares Outstanding Diluted 235.30M 244.60M 255.30M 272.90M 276.60M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $4.75B $3.01B $4.31B $4.05B $2.69B $4.60B $3.56B $2.82B $3.12B $4.60B $6.66B $3.11B $4.09B $3.42B $3.54B $3.21B $3.77B $3.31B $3.11B $4.55B
Cost of Revenue $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Gross Profit $4.75B $3.01B $4.31B $4.05B $2.69B $4.60B $3.56B $2.82B $3.12B $4.60B $6.66B $3.11B $4.09B $3.42B $3.54B $3.21B $3.77B $3.31B $3.11B $4.55B
Gross Profit Ratio 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $- $- $- $- $- $- $- $- $- $- $- $- $3.66B $1.20B $1.27B $1.20B $1.16B $1.17B $983.30M $1.34B
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $- $- $1.32B $1.34B $1.29B $1.29B $1.25B $1.24B $1.23B $1.21B $1.34B $1.18B $-3.66B $1.20B $1.27B $1.20B $1.16B $1.17B $983.30M $1.34B
Other Expenses $4.75B $3.01B $-1.77B $-1.33B $-1.31B $1.29B $1.25B $1.24B $3.85B $1.11B $1.46B $-2.69B $-1.32B $1.20B $1.27B $1.20B $- $1.17B $983.30M $1.34B
Operating Expenses $4.75B $3.01B $1.77B $1.33B $3.80B $1.29B $1.25B $1.24B $3.85B $1.11B $1.46B $-2.69B $-3.66B $1.20B $1.27B $1.20B $-3.48B $1.17B $983.30M $1.34B
Cost and Expenses $4.75B $3.01B $-3.87B $-3.43B $3.80B $1.29B $1.25B $3.03B $3.12B $2.87B $2.76B $2.68B $3.48B $3.00B $3.11B $2.59B $3.17B $3.04B $2.62B $4.22B
Interest Income $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Interest Expense $- $- $- $- $- $- $- $5.60M $- $- $- $- $- $- $- $- $- $- $- $-
Depreciation and Amortization $- $- $10.40M $9.50M $11.00M $10.00M $9.00M $8.30M $9.00M $8.40M $8.60M $9.60M $8.30M $8.00M $9.00M $7.10M $-591.60M $-275.10M $-498.60M $-328.20M
EBITDA $- $- $- $636.60M $-1.10B $1.60B $453.60M $-212.50M $275.80M $1.73B $3.88B $423.50M $575.60M $423.70M $422.80M $614.70M $572.70M $275.20M $480.80M $332.10M
EBITDA Ratio 0.00% 0.00% -0.08% 0.37% 17.95% 34.90% 12.75% -7.54% 8.83% 37.69% 58.30% 13.62% 14.07% 12.38% 11.95% 19.16% 15.21% 8.31% 15.44% 7.30%
Operating Income $- $- $443.50M $612.60M $-1.09B $1.60B $453.60M $-206.90M $-20.10M $1.74B $3.87B $423.50M $575.60M $423.70M $422.80M $614.70M $572.70M $275.20M $480.80M $332.10M
Operating Income Ratio 0.00% 0.00% 10.29% 15.11% -40.39% 34.90% 12.75% -7.34% -0.64% 37.78% 58.07% 13.62% 14.07% 12.38% 11.95% 19.16% 15.21% 8.31% 15.44% 7.30%
Total Other Income Expenses Net $1.11B $-293.80M $-2.55B $-2.08B $- $-1.71B $-1.85B $-1.79B $737.30M $-1.76B $-1.30B $373.90M $-2.16B $-1.80B $-1.84B $-1.39B $-2.01B $-1.87B $-1.63B $-2.89B
Income Before Tax $1.11B $-293.80M $443.90M $627.10M $-1.11B $1.60B $453.60M $-212.50M $4.90M $1.73B $3.90B $428.00M $609.00M $428.10M $432.60M $613.90M $591.60M $275.10M $498.60M $328.20M
Income Before Tax Ratio 23.41% -9.76% 10.30% 15.47% -41.15% 34.90% 12.75% -7.54% 0.16% 37.60% 58.53% 13.76% 14.89% 12.50% 12.22% 19.13% 15.71% 8.31% 16.01% 7.21%
Income Tax Expense $209.90M $-100.40M $87.10M $95.10M $-268.00M $358.70M $64.80M $-78.00M $-10.60M $348.70M $822.50M $47.30M $103.80M $63.80M $61.00M $97.60M $100.10M $39.20M $82.50M $43.20M
Net Income $905.40M $-220.00M $353.10M $532.50M $-871.70M $1.25B $388.80M $-134.50M $15.50M $1.39B $3.06B $376.20M $471.80M $359.90M $361.80M $517.10M $472.60M $236.00M $398.30M $288.90M
Net Income Ratio 19.05% -7.31% 8.19% 13.14% -32.40% 27.10% 10.93% -4.77% 0.50% 30.11% 45.95% 12.10% 11.53% 10.51% 10.22% 16.12% 12.55% 7.13% 12.79% 6.35%
EPS $3.90 $-0.95 $1.51 $2.26 $-3.69 $5.17 $1.60 $-0.55 $0.06 $5.59 $12.11 $1.45 $1.79 $1.34 $1.34 $1.89 $1.72 $0.86 $1.45 $1.05
EPS Diluted $3.85 $-0.95 $1.49 $2.22 $-3.69 $5.10 $1.58 $-0.55 $0.06 $5.50 $11.94 $1.43 $1.76 $1.32 $1.32 $1.87 $1.71 $0.85 $1.45 $1.04
Weighted Average Shares Outstanding 232.00M 230.70M 233.80M 236.00M 236.44M 241.10M 242.70M 243.40M 243.50M 248.00M 252.60M 259.40M 267.41M 271.90M 275.10M 275.68M 276.58M 276.80M 274.69M 277.20M
Weighted Average Shares Outstanding Diluted 235.30M 230.70M 236.60M 239.40M 236.44M 244.30M 245.50M 243.40M 243.50M 251.90M 256.30M 263.80M 268.40M 272.65M 275.53M 276.30M 277.20M 277.65M 275.60M 277.79M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $4.21B $4.71B $4.85B $2.33B $2.85B
Short Term Investments $25.73B $22.49B $62.89B $78.15B $78.71B
Cash and Short Term Investments $29.94B $27.19B $67.74B $80.49B $81.56B
Net Receivables $- $- $- $1.84B $1.72B
Inventory $- $- $-94.64B $-6.55B $-7.71B
Other Current Assets $- $- $- $- $-
Total Current Assets $4.21B $27.19B $10.92B $82.33B $83.28B
Property Plant Equipment Net $769.40M $938.40M $996.10M $1.04B $1.02B
Goodwill $1.55B $1.61B $1.60B $1.63B $1.71B
Intangible Assets $1.39B $1.47B $1.53B $1.60B $1.72B
Goodwill and Intangible Assets $2.94B $3.08B $3.13B $3.23B $3.43B
Long Term Investments $77.65B $67.99B $65.36B $80.92B $81.26B
Tax Assets $- $- $1.21B $2.32B $2.33B
Other Non-Current Assets $-77.65B $-72.00B $-66.57B $-2.32B $-2.33B
Total Non-Current Assets $3.71B $72.00B $4.13B $85.19B $85.71B
Other Assets $305.74B $205.85B $287.95B $153.70B $144.48B
Total Assets $313.66B $305.05B $303.00B $321.21B $313.47B
Account Payables $- $- $20.44B $- $-
Short Term Debt $152.70M $61.10M $80.70M $79.80M $84.70M
Tax Payables $8.60M $11.90M $19.20M $15.50M $22.30M
Deferred Revenue $- $- $- $- $-
Other Current Liabilities $18.10B $- $-20.54B $-95.30M $-107.00M
Total Current Liabilities $18.27B $73.00M $20.54B $79.80M $84.70M
Long Term Debt $3.96B $3.93B $4.00B $4.28B $4.28B
Deferred Revenue Non-Current $- $- $- $- $-
Deferred Tax Liabilities Non-Current $1.71B $1.61B $1.21B $2.32B $2.33B
Other Non-Current Liabilities $278.27B $272.42B $257.40B $281.50B $273.04B
Total Non-Current Liabilities $283.93B $277.96B $261.40B $6.60B $6.61B
Other Liabilities $- $15.80B $10.77B $298.02B $289.91B
Total Liabilities $302.19B $293.84B $292.70B $304.70B $296.60B
Preferred Stock $- $- $- $- $-
Common Stock $4.90M $4.90M $4.90M $4.80M $4.80M
Retained Earnings $17.58B $16.68B $17.04B $12.88B $11.84B
Accumulated Other Comprehensive Income Loss $-5.22B $-5.35B $-7.20B $1.61B $2.38B
Other Total Stockholders Equity $-1.28B $-427.10M $153.50M $1.57B $2.33B
Total Stockholders Equity $11.09B $10.92B $10.00B $16.13B $16.56B
Total Equity $11.42B $11.21B $10.30B $16.51B $16.87B
Total Liabilities and Stockholders Equity $313.66B $305.05B $303.00B $321.21B $313.47B
Minority Interest $337.70M $294.60M $303.10M $388.90M $314.00M
Total Liabilities and Total Equity $313.66B $305.05B $303.00B $321.21B $313.47B
Total Investments $103.38B $98.32B $95.09B $108.91B $106.31B
Total Debt $4.11B $3.99B $4.08B $4.36B $4.36B
Net Debt $-103.90M $-715.70M $-770.30M $2.03B $1.51B


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $4.21B $6.17B $4.82B $4.17B $4.71B $4.56B $4.07B $4.64B $4.85B $4.24B $3.17B $2.74B $2.33B $3.15B $2.42B $2.00B $2.85B $3.56B $3.15B $3.48B
Short Term Investments $25.73B $24.53B $1.44B $1.28B $22.49B $1.27B $64.24B $65.40B $62.89B $62.41B $67.21B $71.41B $78.15B $76.56B $76.45B $75.74B $78.71B $76.49B $74.27B $68.71B
Cash and Short Term Investments $29.94B $6.17B $28.69B $27.53B $27.19B $4.56B $4.07B $70.04B $67.74B $66.65B $70.38B $74.15B $80.49B $79.70B $78.87B $77.74B $81.56B $80.05B $77.42B $72.19B
Net Receivables $23.26B $- $- $- $- $- $- $- $- $- $- $2.37B $- $- $- $- $1.72B $- $- $-
Inventory $- $- $-52.41B $-51.54B $-57.70B $-34.66B $-34.28B $-100.99B $-94.64B $- $-10.88B $-7.90B $-6.55B $-86.10B $-85.26B $- $- $- $- $-
Other Current Assets $-53.20B $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Current Assets $- $6.17B $11.07B $10.21B $4.71B $4.56B $4.07B $4.64B $10.92B $9.85B $98.66B $76.53B $82.33B $3.15B $2.42B $2.00B $83.28B $3.56B $3.15B $3.48B
Property Plant Equipment Net $769.40M $798.20M $805.90M $913.50M $938.40M $958.10M $957.70M $986.20M $996.10M $1.01B $993.30M $1.02B $1.04B $1.07B $1.03B $1.04B $1.02B $998.80M $993.10M $973.80M
Goodwill $1.55B $1.60B $1.57B $1.57B $1.61B $1.59B $1.64B $1.64B $1.60B $1.55B $1.59B $1.66B $1.63B $1.65B $1.70B $1.70B $1.71B $1.65B $1.63B $1.62B
Intangible Assets $1.39B $1.42B $1.42B $1.44B $1.47B $1.48B $1.52B $1.54B $1.53B $1.52B $1.55B $1.60B $1.60B $1.63B $1.68B $1.70B $1.72B $1.71B $1.71B $1.72B
Goodwill and Intangible Assets $2.94B $3.02B $2.99B $3.00B $3.08B $3.07B $3.16B $3.17B $3.13B $3.07B $3.13B $3.26B $3.23B $3.28B $3.38B $3.40B $3.43B $3.36B $3.34B $3.33B
Long Term Investments $71.57B $71.59B $5.13B $68.06B $67.99B $4.80B $66.78B $67.92B $65.36B $64.73B $69.30B $74.09B $80.92B $79.40B $79.40B $78.76B $81.26B $78.92B $76.63B $70.97B
Tax Assets $- $- $1.74B $1.73B $-56.07B $1.48B $1.41B $1.42B $- $1.08B $1.42B $1.37B $- $2.35B $2.32B $2.07B $- $2.11B $2.06B $1.45B
Other Non-Current Assets $-75.28B $-69.82B $267.09B $204.47B $-7.97B $-4.80B $-66.78B $-67.92B $-65.36B $-65.81B $-1.42B $-1.37B $-85.19B $-79.40B $-79.40B $-78.76B $-85.71B $-78.92B $-76.63B $-70.97B
Total Non-Current Assets $- $5.59B $277.76B $278.18B $7.97B $5.51B $5.52B $5.57B $4.13B $4.08B $73.42B $78.37B $85.19B $6.69B $6.73B $6.51B $85.71B $6.46B $6.39B $5.76B
Other Assets $313.66B $311.09B $- $- $292.33B $277.82B $1.05B $301.50M $287.95B $278.42B $132.46B $-142.71B $153.70B $305.60B $309.67B $302.81B $144.48B $284.48B $277.34B $237.97B
Total Assets $313.66B $322.86B $288.83B $288.38B $305.00B $287.90B $10.64B $10.52B $303.00B $292.34B $304.55B $12.19B $321.21B $315.43B $318.82B $311.33B $313.47B $294.50B $286.88B $247.20B
Account Payables $- $- $18.55B $19.06B $19.63B $18.56B $19.92B $20.52B $- $20.67B $22.53B $- $- $- $- $- $- $- $- $-
Short Term Debt $152.70M $37.30M $49.90M $50.70M $61.10M $23.80M $26.30M $24.20M $380.60M $66.50M $66.90M $279.40M $79.80M $74.30M $82.70M $84.00M $84.70M $76.60M $76.30M $105.60M
Tax Payables $8.60M $9.40M $10.40M $7.70M $11.90M $10.00M $7.60M $24.60M $19.20M $18.50M $22.30M $34.70M $15.50M $8.20M $6.90M $26.10M $22.30M $15.70M $16.30M $14.70M
Deferred Revenue $- $- $-18.54B $-19.05B $-19.57B $- $- $- $- $1.08B $1.42B $- $- $- $- $- $- $- $- $-
Other Current Liabilities $-161.30M $19.08B $3.39B $-19.12B $-19.70B $-18.59B $-19.96B $-20.57B $-399.80M $- $-22.62B $-314.10M $-95.30M $-82.50M $42.87B $-110.10M $-107.00M $-92.30M $-92.60M $-120.30M
Total Current Liabilities $- $19.12B $22.01B $21.96B $61.10M $18.59B $19.96B $20.57B $20.54B $20.75B $66.90M $279.40M $79.80M $82.50M $89.60M $110.10M $84.70M $92.30M $92.60M $120.30M
Long Term Debt $3.96B $3.93B $3.93B $3.93B $3.93B $3.93B $3.99B $4.69B $3.70B $3.98B $4.28B $4.28B $4.28B $4.28B $4.28B $4.28B $4.28B $4.28B $4.16B $3.67B
Deferred Revenue Non-Current $- $- $47.72B $46.87B $2.32B $-1.48B $-1.41B $- $- $- $- $- $- $-2.35B $-2.32B $-2.07B $- $-2.11B $-2.06B $-1.45B
Deferred Tax Liabilities Non-Current $1.71B $1.77B $1.74B $1.73B $1.61B $1.48B $1.41B $1.42B $1.21B $1.08B $1.42B $1.37B $2.32B $2.35B $2.32B $2.07B $2.33B $2.11B $2.06B $1.45B
Other Non-Current Liabilities $-5.66B $286.44B $249.82B $-5.66B $268.59B $252.96B $263.18B $282.77B $275.68B $247.02B $253.55B $273.31B $281.60B $275.81B $278.85B $273.56B $273.14B $256.10B $249.50B $228.57B
Total Non-Current Liabilities $- $292.14B $255.49B $254.82B $3.93B $258.37B $268.57B $268.30B $261.40B $252.08B $66.90M $279.40M $79.80M $282.35B $285.45B $279.80B $6.61B $262.39B $255.63B $233.57B
Other Liabilities $302.19B $- $- $1 $289.84B $262.80M $-288.23B $10.53B $10.77B $9.76B $293.07B $290.94B $288.37B $343.30M $330.60M $263.50M $273.32B $278.50M $272.70M $239.70M
Total Liabilities $302.19B $311.26B $277.49B $276.78B $293.84B $277.23B $299.20M $299.40B $292.70B $282.60B $293.20B $291.50B $288.53B $282.78B $285.87B $280.17B $280.01B $262.76B $256.00B $233.93B
Preferred Stock $- $- $815.00M $- $- $- $0 $- $- $- $- $- $- $58.50M $- $- $- $- $- $65.10M
Common Stock $4.90M $4.90M $4.90M $4.90M $4.90M $4.90M $4.90M $4.90M $4.90M $4.90M $4.90M $4.90M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M
Retained Earnings $17.58B $16.85B $17.24B $17.05B $16.68B $17.72B $16.63B $16.40B $17.04B $17.21B $15.99B $13.09B $12.88B $12.58B $12.39B $12.20B $11.84B $11.52B $11.44B $11.20B
Accumulated Other Comprehensive Income Loss $-5.22B $-4.58B $-5.41B $-5.26B $14.55B $-6.84B $52.45M $-6.20B $-7.20B $-8.07B $-5.63B $-1.92B $1.61B $1.62B $1.80B $953.80M $2.38B $1.75B $1.45B $-599.20M
Other Total Stockholders Equity $-1.28B $-1.03B $-815.00M $-613.90M $-427.10M $-209.40M $-45.10M $15.50M $153.50M $301.00M $676.40M $722.50M $1.57B $1.86B $2.03B $2.25B $2.33B $2.38B $2.35B $2.30B
Total Stockholders Equity $11.09B $11.24B $11.01B $11.19B $10.92B $10.72B $10.39B $10.26B $10.00B $9.45B $11.04B $11.90B $16.13B $16.13B $16.23B $15.41B $16.56B $15.65B $15.24B $12.97B
Total Equity $11.47B $11.59B $11.34B $11.60B $10.96B $10.67B $10.34B $-32.64B $10.30B $9.74B $11.35B $12.26B $16.51B $16.53B $16.62B $15.73B $16.87B $16.00B $15.58B $13.28B
Total Liabilities and Stockholders Equity $313.66B $322.86B $288.83B $288.38B $305.05B $287.90B $10.64B $10.52B $303.00B $292.34B $304.55B $12.19B $321.21B $315.43B $318.82B $311.33B $313.47B $294.50B $286.88B $247.20B
Minority Interest $382.60M $355.80M $323.00M $415.70M $45.70M $-51.30M $-45.00M $-42.90B $303.10M $297.20M $310.30M $361.90M $388.90M $401.80M $389.00M $320.30M $314.00M $348.70M $340.60M $304.80M
Total Liabilities and Total Equity $313.66B $322.86B $288.83B $288.38B $305.05B $287.90B $10.64B $10.52B $303.00B $292.34B $304.55B $12.19B $321.21B $315.43B $318.82B $311.33B $313.47B $294.50B $286.88B $247.20B
Total Investments $103.38B $102.65B $6.58B $1.28B $98.32B $93.98B $96.79B $98.03B $95.09B $93.84B $97.84B $103.18B $159.08B $155.96B $155.85B $154.50B $159.97B $155.41B $150.90B $139.68B
Total Debt $4.11B $3.97B $3.98B $3.98B $3.99B $3.95B $4.02B $4.71B $4.08B $4.05B $4.35B $4.56B $4.36B $4.35B $4.36B $4.36B $4.36B $4.36B $4.24B $3.78B
Net Debt $-103.90M $-2.20B $-834.50M $-186.20M $-715.70M $-610.30M $-54.70M $71.90M $-770.30M $-192.10M $1.17B $1.82B $2.03B $1.21B $1.94B $2.36B $1.51B $798.90M $1.09B $293.00M

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $1.60B $623.20M $4.85B $1.76B $1.43B
Depreciation and Amortization $256.20M $272.70M $295.90M $275.30M $251.90M
Deferred Income Tax $- $- $- $149.00M $99.70M
Stock Based Compensation $108.70M $99.40M $91.30M $96.10M $87.20M
Change in Working Capital $2.69B $2.79B $2.38B $1.55B $2.08B
Accounts Receivables $53.10M $- $-3.63B $-100.90M $16.40M
Inventory $- $- $- $- $-
Accounts Payables $- $- $- $- $-
Other Working Capital $2.64B $2.79B $6.01B $1.65B $2.06B
Other Non Cash Items $-52.30M $7.70M $-4.45B $-605.90M $-210.40M
Net Cash Provided by Operating Activities $4.60B $3.79B $3.17B $3.22B $3.74B
Investments in Property Plant and Equipment $-68.80M $-102.00M $-116.30M $-129.90M $-108.80M
Acquisitions Net $-27.10M $- $-9.20M $27.00M $-1.40M
Purchases of Investments $- $-12.34B $-19.42B $-16.73B $-15.78B
Sales Maturities of Investments $- $11.08B $21.58B $13.70B $11.86B
Other Investing Activities $-5.30B $12.30M $-978.60M $-2.52B $-999.20M
Net Cash Used for Investing Activities $-5.40B $-1.35B $1.06B $-5.66B $-5.03B
Debt Repayment $119.60M $-91.00M $-285.70M $8.40M $530.50M
Common Stock Issued $67.70M $57.80M $181.70M $86.70M $42.80M
Common Stock Repurchased $-1.04B $-740.40M $-1.70B $-937.20M $-307.00M
Dividends Paid $-2.70B $-625.50M $-642.30M $-654.10M $-614.50M
Other Financing Activities $2.89B $-1.19B $725.90M $3.42B $1.97B
Net Cash Used Provided by Financing Activities $300.30M $-2.59B $-1.72B $1.92B $1.62B
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $-495.80M $-140.30M $2.52B $-517.80M $333.90M
Cash at End of Period $4.21B $4.71B $4.85B $2.33B $2.85B
Cash at Beginning of Period $4.71B $4.85B $2.33B $2.85B $2.52B
Operating Cash Flow $4.60B $3.79B $3.17B $3.22B $3.74B
Capital Expenditure $-68.80M $-102.00M $-116.30M $-129.90M $-108.80M
Free Cash Flow $4.53B $3.69B $3.06B $3.09B $3.63B

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $- $-220.00M $353.10M $532.50M $-871.70M $1.25B $388.80M $-134.50M $4.85B $1.39B $3.06B $376.20M $505.20M $359.90M $361.80M $517.10M $472.60M $236.00M $398.30M $288.90M
Depreciation and Amortization $- $- $10.40M $9.50M $272.70M $10.00M $9.00M $8.30M $295.90M $8.40M $8.60M $9.60M $8.30M $8.00M $9.00M $- $251.90M $- $- $-
Deferred Income Tax $- $- $- $- $686.00M $- $- $- $- $-28.50M $- $- $- $- $- $- $- $- $- $-
Stock Based Compensation $- $- $26.30M $30.60M $22.00M $24.10M $25.10M $28.20M $21.00M $20.10M $21.80M $28.40M $22.00M $20.50M $- $53.60M $20.60M $19.70M $23.80M $23.50M
Change in Working Capital $- $- $- $- $-36.70M $- $- $- $-7.59B $1.17B $- $- $1.27B $- $- $- $1.67B $- $- $-
Accounts Receivables $- $- $- $- $-36.70M $- $- $- $-3.30B $- $- $- $8.30M $- $- $- $16.40M $- $- $-
Inventory $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Accounts Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Working Capital $- $- $- $- $2.10B $- $- $- $-4.29B $- $- $- $1.26B $- $- $- $1.66B $- $- $-
Other Non Cash Items $1.46B $1.35B $1.04B $61.20M $871.70M $-229.70M $679.60M $793.30M $3.51B $-1.39B $-2.28B $-344.70M $606.60M $613.50M $631.00M $-376.30M $155.60M $828.30M $58.70M $1.30B
Net Cash Provided by Operating Activities $1.46B $1.13B $1.43B $584.20M $944.00M $1.05B $1.10B $695.30M $1.16B $1.17B $807.20M $31.50M $1.11B $973.40M $992.80M $140.80M $628.20M $1.06B $457.00M $1.59B
Investments in Property Plant and Equipment $-16.90M $-17.20M $-17.90M $-16.80M $-27.90M $-21.80M $-20.90M $-31.40M $-30.00M $-34.60M $-26.30M $-25.40M $-21.00M $-63.10M $-22.90M $-22.90M $-25.90M $-36.50M $-28.40M $-18.00M
Acquisitions Net $500.00K $-27.60M $-1.00M $- $134.50M $27.70M $- $-2.80M $- $-2.50M $- $-6.70M $27.00M $-1.80M $-5.80M $-16.60M $- $- $- $-
Purchases of Investments $-6.30B $-3.16B $-3.42B $-3.88B $-3.33B $-2.95B $-2.58B $-4.19B $-4.05B $-3.55B $-6.37B $-5.45B $-5.67B $-3.53B $-3.63B $-3.90B $-3.88B $-4.17B $-4.55B $-3.18B
Sales Maturities of Investments $3.16B $3.03B $3.15B $2.56B $3.20B $2.92B $2.80B $3.03B $4.85B $4.51B $5.82B $6.40B $3.11B $2.75B $4.07B $3.76B $2.94B $3.01B $3.35B $2.57B
Other Investing Activities $-609.70M $177.10M $- $-1.33B $-187.10M $-27.70M $-182.20M $83.30M $-201.70M $-332.60M $348.40M $-799.40M $-211.90M $-1.08B $-335.70M $-859.70M $-418.80M $-221.30M $-75.20M $-285.30M
Net Cash Used for Investing Activities $-3.77B $2.40M $-288.80M $-1.34B $-215.00M $-49.50M $21.70M $-1.10B $568.50M $587.90M $-224.70M $126.80M $-2.79B $-1.92B $76.40M $-1.02B $-1.39B $-1.42B $-1.31B $-912.70M
Debt Repayment $141.00M $-14.70M $-2.60M $-4.10M $- $-61.70M $-698.60M $629.70M $20.60M $-299.00M $-200.00M $192.70M $9.60M $-500.00K $-500.00K $-400.00K $-400.00K $112.30M $458.80M $-64.50M
Common Stock Issued $24.60M $9.20M $21.00M $12.90M $14.40M $10.00M $13.60M $19.80M $79.70M $53.00M $29.40M $19.60M $29.40M $14.40M $25.60M $17.30M $8.20M $11.50M $14.10M $9.00M
Common Stock Repurchased $-306.10M $-251.80M $-250.30M $-234.20M $-250.70M $-200.80M $-100.40M $-188.50M $-250.40M $-450.50M $-100.00M $-894.10M $-352.10M $-203.50M $-266.10M $-115.50M $-75.00M $-200.00K $- $-231.80M
Dividends Paid $-165.70M $-165.10M $-165.20M $-162.40M $-159.00M $-156.10M $-154.90M $-155.50M $-156.20M $-157.40M $-161.70M $-167.00M $-168.50M $-168.20M $-165.20M $-152.20M $-153.70M $-153.70M $-153.50M $-153.60M
Other Financing Activities $655.00M $649.90M $-97.60M $607.50M $-190.30M $-102.10M $-750.90M $-103.80M $-817.00M $161.50M $281.70M $1.10B $1.35B $2.04B $-249.10M $282.90M $271.70M $790.90M $199.70M $731.30M
Net Cash Used Provided by Financing Activities $348.80M $227.50M $-494.70M $219.70M $-585.60M $-510.70M $-1.69B $201.70M $-1.12B $-692.40M $-150.60M $250.90M $865.60M $1.68B $-655.30M $32.10M $50.80M $760.80M $519.10M $290.40M
Effect of Forex Changes on Cash $- $- $- $- $-1 $1 $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $-1.96B $1.36B $648.20M $-539.30M $143.40M $490.40M $-567.00M $-207.10M $608.40M $1.07B $431.90M $409.20M $-813.40M $728.00M $413.90M $-846.30M $-706.90M $406.30M $-332.30M $966.80M
Cash at End of Period $4.21B $6.17B $4.82B $4.17B $4.71B $4.56B $4.07B $4.64B $4.85B $4.24B $3.17B $2.74B $2.33B $3.15B $2.42B $2.00B $2.85B $3.56B $3.15B $3.48B
Cash at Beginning of Period $6.17B $4.82B $4.17B $4.71B $4.56B $4.07B $4.64B $4.85B $4.24B $3.17B $2.74B $2.33B $3.15B $2.42B $2.00B $2.85B $3.56B $3.15B $3.48B $2.52B
Operating Cash Flow $1.46B $1.13B $1.43B $584.20M $944.00M $1.05B $1.10B $695.30M $1.16B $1.17B $807.20M $31.50M $1.11B $973.40M $992.80M $140.80M $628.20M $1.06B $457.00M $1.59B
Capital Expenditure $-16.90M $-17.20M $-17.90M $-16.80M $-27.90M $-21.80M $-20.90M $-31.40M $-30.00M $-34.60M $-26.30M $-25.40M $-21.00M $-63.10M $-22.90M $-22.90M $-25.90M $-36.50M $-28.40M $-18.00M
Free Cash Flow $1.44B $1.11B $1.41B $567.40M $916.10M $1.03B $1.08B $663.90M $1.13B $1.14B $780.90M $6.10M $1.09B $910.30M $969.90M $117.90M $602.30M $1.03B $428.60M $1.57B

Principal Financial Group Dividends

Explore Principal Financial Group's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

15.06%

Dividend Payout Ratio

172.17%

Dividend Paid & Capex Coverage Ratio

1.66x

Principal Financial Group Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$0.75 $0.75 March 12, 2025 March 12, 2025 March 28, 2025 February 06, 2025
$0.73 $0.73 December 02, 2024 December 02, 2024 December 18, 2024 October 23, 2024
$0.72 $0.72 September 05, 2024 September 05, 2024 December 18, 2024 October 23, 2024
$0.71 $0.71 June 03, 2024 June 03, 2024 June 27, 2024 April 25, 2024
$0.69 $0.69 March 11, 2024 March 12, 2024 March 28, 2024 February 09, 2024
$0.67 $0.67 November 30, 2023 December 01, 2023 December 20, 2023 October 26, 2023
$0.65 $0.65 September 06, 2023 September 07, 2023 September 29, 2023 July 27, 2023
$0.64 $0.64 May 31, 2023 June 01, 2023 June 30, 2023 April 27, 2023
$0.64 $0.64 March 14, 2023 March 15, 2023 March 31, 2023 January 30, 2023
$0.64 $0.64 November 30, 2022 December 01, 2022 December 19, 2022 October 27, 2022
$0.64 $0.64 September 07, 2022 September 08, 2022 September 30, 2022 August 08, 2022
$0.64 $0.64 June 01, 2022 June 02, 2022 June 24, 2022 April 28, 2022
$0.64 $0.64 March 09, 2022 March 10, 2022 March 25, 2022 February 07, 2022
$0.64 $0.64 November 30, 2021 December 01, 2021 December 21, 2021 October 26, 2021
$0.63 $0.63 August 31, 2021 September 01, 2021 September 24, 2021 July 27, 2021
$0.61 $0.61 June 02, 2021 June 03, 2021 June 25, 2021 April 26, 2021
$0.56 $0.56 February 26, 2021 March 01, 2021 March 26, 2021 January 28, 2021
$0.56 $0.56 December 01, 2020 December 02, 2020 December 21, 2020 October 26, 2020
$0.56 $0.56 August 31, 2020 September 01, 2020 September 25, 2020 July 27, 2020
$0.56 $0.56 May 29, 2020 June 01, 2020 June 26, 2020 April 24, 2020

Principal Financial Group News

Read the latest news about Principal Financial Group, including recent articles, headlines, and updates.

Principal Asset Management Extends Relationship with SS&C

WINDSOR, Conn. , March 25, 2025 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Principal Asset Management has extended its transfer agency relationship with SS&C.

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Are You Looking for a High-Growth Dividend Stock?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?

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Nearly 80% of Retirement Savers Restart Contributions After Stopping Due to a Financial Setback

DES MOINES, Iowa--(BUSINESS WIRE)--Principal survey finds retirement savers are determined to recover after financial setbacks force them to reduce, pause, or withdraw contributions.

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Principal® closes $3.64 billion capital raise for Data Center Growth & Income Fund

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Asset Management℠, the investment management unit of Principal Financial Group®, reached the final investor close on February 28 for its Principal Data Center Growth & Income Fund (the Fund), which is dedicated to the development of a portfolio of hyperscale data center projects across the United States. The Fund raised $3.64 billion, well in excess of the target from a diverse global investor base. This is the third discretionary data center-foc.

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Principal Financial (PFG) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?

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Principal Financial Group, Inc. (PFG) Q4 2024 Earnings Call Transcript

Principal Financial Group, Inc. (NASDAQ:PFG ) Q4 2024 Earnings Conference Call February 7, 2025 9:00 AM ET Company Participants Humphrey Lee – Vice President, Investor Relations Deanna Strable – Chief Executive Officer Joel Pitz – Interim Chief Financial Officer Kamal Bhatia – President and Chief Executive Officer-Principal Asset Management Chris Littlefield – President, Retirement and Income Solutions Amy Friedrich – President, Benefits and Protection Conference Call Participants Ryan Krueger – KBW Joel Hurwitz – Dowling & Partners Wilma Burdis – Raymond James Alex Scott – Barclays Jimmy Bhullar – JPMorgan Jack Matten – BMO Capital Markets John Barnidge – Piper Sandler Suneet Kamath – Jefferies Operator Good morning and welcome to the Principal Financial Group Fourth Quarter 2024 Financial Results and 2025 Outlook Conference Call. There will be a question-and-answer period after the speakers have completed their prepared remarks.

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Principal Financial Q4 Earnings Miss, Revenues Up Y/Y, Dividend Raised

PFG's Q4 results reflect reduced expenses, improved performances across Specialty Benefits, Benefits and Protection and Investment Management segments.

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Principal Financial (PFG) Reports Q4 Earnings: What Key Metrics Have to Say

The headline numbers for Principal Financial (PFG) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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Principal Financial (PFG) Q4 Earnings Lag Estimates

Principal Financial (PFG) came out with quarterly earnings of $1.94 per share, missing the Zacks Consensus Estimate of $1.95 per share. This compares to earnings of $1.83 per share a year ago.

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Principal Financial Group Announces Full Year and Fourth Quarter 2024 Results as well as 2025 Outlook

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for full year and fourth quarter 2024. Diluted earnings per common share 2024 4Q24   Net income attributable to PFG (in millions) 2024 4Q24 Net income attributable to PFG $6.68 $3.92   Net income attributable to PFG $1,571 $905 Non-GAAP net income attributable to PFG, excluding exited business1 $6.40 $1.53   Non-GAAP net income attributable to PFG, excluding exited business1 $1,505 $354 Non-GAAP operat.

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Q4 Showdown: Can These 4 Insurance Stocks Beat the Estimates?

The insurance industry is expected to benefit from rising premiums, growing demand and product redesign.

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Countdown to Principal Financial (PFG) Q4 Earnings: Wall Street Forecasts for Key Metrics

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Principal Financial (PFG), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.

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Principal Financial to Report Q4 Earnings: Is a Beat in Store?

PFG's Q4 results are likely to reflect a rise in fee revenues, higher yields, favorable market performance and higher sales of single premium group annuities.

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Principal Financial (PFG) Earnings Expected to Grow: Should You Buy?

Principal Financial (PFG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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Amy Friedrich to Speak at 2025 UBS Financial Services Conference

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that Amy Friedrich, president, Benefits & Protection, will participate in a fireside chat at the UBS Financial Services Conference on Monday, February 10, 2025, beginning at approximately 11:20 a.m. Eastern Time. Friedrich will participate in a question-and-answer session covering a variety of industry and company topics. The fireside chat will be available live at principal.com/investor via audio we.

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Principal Financial Group to Hold Combined Earnings and Outlook Call

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that it will release fourth quarter and full year 2024 financial results and the company's outlook for 2025 after U.S. markets close on Thursday, February 6, 2025. On Friday, February 7, 2025, at 9 a.m. ET, Deanna Strable, president and chief executive officer, and Joel Pitz, interim chief financial officer, will discuss the results and the 2025 outlook during a live conference call. Additional members o.

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Principal® to Host World Cancer Day Event Featuring ESPN's V Foundation CEO

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® invites community members to its global headquarters in Des Moines on World Cancer Day, Thursday, February 4, for an educational event with the V Foundation for Cancer Research. The event will feature a keynote from Shane Jacobson, V Foundation Chief Executive Officer and Susanna Greer, Ph.D., V Foundation Chief Scientific Officer, as they provide education on the importance of cancer research, its impact on everyday health and welln.

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Reasons Why Investors Should Retain Principal Financial Stock Now

PFG gains from strategic acquisitions, favorable growth estimates, financial stability and effective capital deployment.

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PFG Stock Lags Industry YTD: Should Investors Hold or Fold?

Principal Financial remains poised to gain from new business opportunities, favorable growth estimates, favorable return on capital, financial stability and effective capital deployment.

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14 Upcoming Dividend Increases, Including A King

Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend increase is 5.5%, and McDonald's will become a dividend king next year with a 49-year streak. My strategy involves buying, holding, and adding to companies that consistently increase dividends and beat benchmarks, using data from U.S. Dividend Champions and NASDAQ.

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Principal Financial Upgraded As Growth Indicators And 3% Yield Looks Positive

Principal Financial gets upgraded to a buy, as it shows growth indicators that could drive its insurance premiums and fees revenue, along with positive EPS guidance. Its 3% dividend yield is competitive among its peer group. With strong credit ratings from major agencies, and a low debt-to-equity, the firm has a lower risk profile.

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Group Health Life and Benefits Brokers can leverage PerfectQuote's Digital Quoting Platform to receive underwritten quotes directly from Principal Financial Group®.

AUSTIN, Texas , Nov. 7, 2024 /PRNewswire/ -- PerfectQuote, Inc., a leading group health digital quoting platform, announced its collaboration with Principal Financial Group ®, to provide PerfectQuote customers with direct, underwritten proposals for dental, vision, life, disability and voluntary benefits delivered through its Request-for-Proposal ("RFP") toolset. With a critical mass of firms and general agencies leveraging the PerfectQuote platform (including 14 of the top 20 largest U.S.- based firms) servicing almost 80,000 employers through the platform, insurance carriers are leveraging a frictionless digital distribution experience to deliver underwritten and bindable quotes; allowing PerfectQuote to continue its mission to enable distribution at scale to thousands of brokers nationwide along with reporting insights to help carrier sales and underwriting teams optimize their operations.

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Principal to Host Investor Day on November 18, 2024

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that it will host its 2024 Investor Day on Monday, November 18, 2024, from 1 p.m. to 4 p.m. EST in New York City. To view the webcast live and access related material, please register in advance at principal.com/investorday. A replay will also be available on the website following the event. Any questions regarding Principal's 2024 Investor Day may be directed to Principal's Investor Relations team at in.

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Principal Financial Group, Inc. (PFG) Q3 2024 Earnings Call Transcript

Principal Financial Group, Inc. (NASDAQ:PFG ) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Humphrey Lee - VP, IR Daniel Houston - Chairman, President & CEO Deanna Strable - EVP & CFO Amy Friedrich - President, Benefits and Protection Christopher Littlefield - President, Retirement and Income Solutions Kamal Bhatia - President & CEO, Principal Asset Management Joel Pitz - Interim CFO Conference Call Participants Joel Hurwitz - Dowling & Partners Suneet Kamath - Jefferies Ryan Krueger - KBW John Barnidge - Piper Stanley Wilma Burdis - Raymond James Tom Gallagher - Evercore ISI Wes Carmichael - Autonomous Research Elyse Greenspan - Wells Fargo Josh Shanker - Bank of America Merrill Lynch Alex Scott - Barclays Operator Good morning, and welcome to the Principal Financial Group Third Quarter 2024 Financial Results Conference Call. [Operator Instructions] I would now like to turn the conference call over to Humphrey Lee, Vice President of Investor Relations.

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Principal Financial Q3 Earnings Miss on Higher Costs, Dividend Raised

PFG's third-quarter results reflect solid performance across the Retirement and Income Solution and Principal International segments, offset by higher expenses.

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Principal Financial (PFG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

While the top- and bottom-line numbers for Principal Financial (PFG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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Principal Financial (PFG) Lags Q3 Earnings and Revenue Estimates

Principal Financial (PFG) came out with quarterly earnings of $1.76 per share, missing the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $1.72 per share a year ago.

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Principal Financial Group Announces Third Quarter 2024 Results

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for third quarter 2024. Third Quarter 2024 Highlights Net loss attributable to Principal Financial Group (PFG) of $220 million, or $0.95 per diluted share, driven by the loss from exited business Non-GAAP net income attributable to PFG, excluding exited business, of $419 million, or $1.78 per diluted share Non-GAAP operating earnings1 of $412 million, or $1.76 per diluted share; excluding impacts of th.

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Is a Beat in the Cards for Principal Financial in Q3 Earnings?

PFG's Q3 results are likely to reflect a rise in fee revenues, higher yields, favorable market performance and higher sales of single premium group annuities.

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Explore detailed financial metrics and analysis for PFG.