Principal Financial Group (PFG) Financial Statements
Price: $72.94
Market Cap: $16.45B
Avg Volume: 1.49M
Market Cap: $16.45B
Avg Volume: 1.49M
Country: US
Industry: Insurance - Diversified
Sector: Financial Services
Industry: Insurance - Diversified
Sector: Financial Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Principal Financial Group.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.13B | $13.67B | $17.49B | $14.26B | $14.74B | $16.22B | $14.24B | $14.09B | $12.39B | $11.96B |
| Cost of Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Gross Profit | $16.13B | $13.67B | $17.49B | $14.26B | $14.74B | $16.22B | $14.24B | $14.09B | $12.39B | $11.96B |
| Gross Profit Ratio | 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 | $- | $- | $- | $- | $4.65B | $4.50B | $4.14B | $3.89B | $3.73B | $3.67B |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $- | $5.07B | $4.96B | $5.07B | $4.65B | $4.50B | $4.14B | $3.89B | $3.73B | $3.67B |
| Other Expenses | $5.36B | $- | $4.97B | $-12.23B | $-17.73B | $-19.08B | $-16.60B | $3.89B | $3.73B | $3.67B |
| Operating Expenses | $5.36B | $5.07B | $4.97B | $-12.23B | $-13.08B | $-14.58B | $-12.46B | $3.89B | $3.73B | $3.67B |
| Cost and Expenses | $5.36B | $5.07B | $11.43B | $12.18B | $13.05B | $14.53B | $12.45B | $11.84B | $10.80B | $10.53B |
| Interest Income | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $- | $- | $1.20M | $1.00M | $1.00M | $1.00M | $- | $- | $- | $- |
| Depreciation and Amortization | $256.20M | $272.70M | $331.40M | $307.70M | $276.70M | $191.20M | $174.80M | $139.80M | $133.50M | $193.00M |
| EBITDA | $- | $- | $6.28B | $- | $- | $- | $- | $2.45B | $- | $- |
| EBITDA Ratio | 0.00% | 0.00% | 35.93% | 0.00% | 0.00% | 0.00% | 0.00% | 17.37% | 0.00% | 0.00% |
| Operating Income | $- | $8.59B | $6.02B | $2.04B | $1.66B | $1.64B | $1.78B | $2.24B | $1.55B | $1.41B |
| Operating Income Ratio | 0.00% | 62.88% | 34.41% | 14.28% | 11.27% | 10.13% | 12.48% | 15.88% | 12.48% | 11.80% |
| Total Other Income Expenses Net | $1.89B | $-7.85B | $-6.59B | $-7.27B | $-8.40B | $-10.02B | $-8.32B | $-7.95B | $-7.07B | $-7.07B |
| Income Before Tax | $1.89B | $738.80M | $6.06B | $2.08B | $1.69B | $1.69B | $1.78B | $2.25B | $1.59B | $1.43B |
| Income Before Tax Ratio | 11.72% | 5.41% | 34.65% | 14.61% | 11.49% | 10.44% | 12.53% | 15.98% | 12.84% | 11.96% |
| Income Tax Expense | $291.70M | $68.70M | $1.21B | $326.20M | $265.00M | $249.20M | $230.70M | $-72.30M | $229.90M | $177.60M |
| Net Income | $1.57B | $623.20M | $4.76B | $1.58B | $1.40B | $1.39B | $1.55B | $2.31B | $1.32B | $1.23B |
| Net Income Ratio | 9.74% | 4.56% | 27.20% | 11.08% | 9.47% | 8.59% | 10.86% | 16.39% | 10.62% | 10.31% |
| EPS | $6.77 | $2.64 | $18.94 | $6.36 | $5.08 | $5.00 | $5.41 | $8.00 | $4.55 | $4.11 |
| EPS Diluted | $6.68 | $2.55 | $18.63 | $6.27 | $5.05 | $4.96 | $5.35 | $7.88 | $4.50 | $4.06 |
| Weighted Average Shares Outstanding | 232.00M | 236.44M | 251.10M | 269.00M | 274.70M | 278.60M | 285.80M | 293.10M | 292.56M | 297.86M |
| Weighted Average Shares Outstanding Diluted | 235.30M | 244.60M | 255.30M | 272.90M | 276.60M | 281.00M | 288.80M | 293.20M | 292.70M | 298.00M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $4.21B | $4.71B | $4.85B | $2.33B | $2.85B | $2.52B | $2.98B | $2.47B | $2.72B | $2.56B |
| Short Term Investments | $25.73B | $22.49B | $62.89B | $78.15B | $78.71B | $70.11B | $60.11B | $59.48B | $54.95B | $50.07B |
| Cash and Short Term Investments | $29.94B | $27.19B | $67.74B | $80.49B | $81.56B | $72.62B | $63.09B | $61.96B | $57.66B | $52.64B |
| Net Receivables | $- | $- | $- | $1.84B | $1.72B | $1.74B | $1.41B | $- | $- | $- |
| Inventory | $- | $- | $-94.64B | $-6.55B | $-7.71B | $-7.29B | $-7.97B | $-68.31B | $-64.34B | $- |
| Other Current Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Current Assets | $4.21B | $27.19B | $10.92B | $82.33B | $83.28B | $74.36B | $64.50B | $2.57B | $2.82B | $2.67B |
| Property Plant Equipment Net | $769.40M | $938.40M | $996.10M | $1.04B | $1.02B | $967.70M | $767.30M | $759.50M | $699.00M | $633.80M |
| Goodwill | $1.55B | $1.61B | $1.60B | $1.63B | $1.71B | $1.69B | $1.10B | $1.07B | $1.02B | $1.01B |
| Intangible Assets | $1.39B | $1.47B | $1.53B | $1.60B | $1.72B | $1.79B | $1.32B | $1.31B | $1.33B | $1.36B |
| Goodwill and Intangible Assets | $2.94B | $3.08B | $3.13B | $3.23B | $3.43B | $3.48B | $2.42B | $2.38B | $2.35B | $2.37B |
| Long Term Investments | $77.65B | $67.99B | $65.36B | $80.92B | $81.26B | $72.66B | $62.59B | $61.82B | $56.76B | $51.96B |
| Tax Assets | $- | $- | $1.21B | $2.32B | $2.33B | $1.80B | $958.40M | $1.09B | $972.40M | $697.20M |
| Other Non-Current Assets | $-77.65B | $-72.00B | $-66.57B | $-2.32B | $-2.33B | $-1.80B | $-958.40M | $-61.82B | $-56.76B | $-51.96B |
| Total Non-Current Assets | $3.71B | $72.00B | $4.13B | $85.19B | $85.71B | $77.11B | $65.77B | $4.24B | $4.02B | $3.70B |
| Other Assets | $305.74B | $205.85B | $287.95B | $153.70B | $144.48B | $139.58B | $112.77B | $247.14B | $221.18B | $212.32B |
| Total Assets | $313.66B | $305.05B | $303.00B | $321.21B | $313.47B | $291.05B | $243.04B | $253.94B | $228.01B | $218.69B |
| Account Payables | $- | $- | $20.44B | $- | $- | $- | $- | $- | $- | $- |
| Short Term Debt | $152.70M | $61.10M | $80.70M | $79.80M | $84.70M | $93.40M | $42.90M | $39.50M | $51.40M | $181.10M |
| Tax Payables | $8.60M | $11.90M | $19.20M | $15.50M | $22.30M | $16.20M | $25.30M | $16.70M | $12.90M | $18.40M |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $18.10B | $- | $-20.54B | $-95.30M | $-107.00M | $-109.60M | $-68.20M | $-56.20M | $-64.30M | $-199.50M |
| Total Current Liabilities | $18.27B | $73.00M | $20.54B | $79.80M | $84.70M | $93.40M | $42.90M | $56.20M | $64.30M | $199.50M |
| Long Term Debt | $3.96B | $3.93B | $4.00B | $4.28B | $4.28B | $3.73B | $3.26B | $3.18B | $3.13B | $3.27B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $-1.09B | $-972.40M | $-697.20M |
| Deferred Tax Liabilities Non-Current | $1.71B | $1.61B | $1.21B | $2.32B | $2.33B | $1.80B | $958.40M | $1.09B | $972.40M | $697.20M |
| Other Non-Current Liabilities | $278.27B | $272.42B | $257.40B | $281.50B | $273.04B | $255.50B | $226.90B | $236.65B | $213.52B | $205.23B |
| Total Non-Current Liabilities | $283.93B | $277.96B | $261.40B | $6.60B | $6.61B | $5.53B | $4.22B | $240.86B | $217.56B | $209.02B |
| Other Liabilities | $- | $15.80B | $10.77B | $298.02B | $289.91B | $270.48B | $226.93B | $- | $- | $- |
| Total Liabilities | $302.19B | $293.84B | $292.70B | $304.70B | $296.60B | $276.10B | $231.19B | $240.92B | $217.62B | $209.22B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $4.90M | $4.90M | $4.90M | $4.80M | $4.80M | $4.80M | $4.80M | $4.70M | $4.70M | $4.70M |
| Retained Earnings | $17.58B | $16.68B | $17.04B | $12.88B | $11.84B | $11.07B | $10.29B | $9.48B | $7.72B | $6.88B |
| Accumulated Other Comprehensive Income Loss | $-5.22B | $-5.35B | $-7.20B | $1.61B | $2.38B | $1.04B | $-1.57B | $165.50M | $-675.20M | $-882.50M |
| Other Total Stockholders Equity | $-1.28B | $-427.10M | $153.50M | $1.57B | $2.33B | $2.50B | $2.66B | $3.20B | $3.18B | $3.31B |
| Total Stockholders Equity | $11.09B | $10.92B | $10.00B | $16.13B | $16.56B | $14.62B | $11.39B | $12.85B | $10.23B | $9.31B |
| Total Equity | $11.42B | $11.21B | $10.30B | $16.51B | $16.87B | $14.95B | $11.85B | $13.02B | $10.39B | $9.46B |
| Total Liabilities and Stockholders Equity | $313.66B | $305.05B | $303.00B | $321.21B | $313.47B | $291.05B | $243.04B | $253.94B | $228.01B | $218.69B |
| Minority Interest | $337.70M | $294.60M | $303.10M | $388.90M | $314.00M | $332.70M | $457.20M | $173.90M | $164.00M | $151.50M |
| Total Liabilities and Total Equity | $313.66B | $305.05B | $303.00B | $321.21B | $313.47B | $291.05B | $243.04B | $253.94B | $228.01B | $218.69B |
| Total Investments | $103.38B | $98.32B | $95.09B | $108.91B | $106.31B | $96.35B | $84.77B | $82.10B | $75.84B | $69.82B |
| Total Debt | $4.11B | $3.99B | $4.08B | $4.36B | $4.36B | $3.83B | $3.30B | $3.22B | $3.18B | $3.47B |
| Net Debt | $-103.90M | $-715.70M | $-770.30M | $2.03B | $1.51B | $1.31B | $325.00M | $747.10M | $457.50M | $907.10M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.60B | $623.20M | $4.85B | $1.76B | $1.43B | $1.44B | $1.55B | $2.32B | $1.36B | $1.25B |
| Depreciation and Amortization | $256.20M | $272.70M | $295.90M | $275.30M | $251.90M | $226.80M | $205.10M | $195.70M | $186.60M | $193.00M |
| Deferred Income Tax | $- | $- | $- | $149.00M | $99.70M | $312.30M | $276.70M | $-357.80M | $114.00M | $321.90M |
| Stock Based Compensation | $108.70M | $99.40M | $91.30M | $96.10M | $87.20M | $82.60M | $77.40M | $82.70M | $84.40M | $84.50M |
| Change in Working Capital | $2.69B | $2.79B | $2.38B | $1.55B | $2.08B | $3.86B | $3.48B | $2.43B | $2.42B | $2.76B |
| Accounts Receivables | $53.10M | $- | $-3.63B | $-100.90M | $16.40M | $-247.60M | $37.80M | $-114.20M | $98.70M | $-211.50M |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $2.64B | $2.79B | $6.01B | $1.65B | $2.06B | $4.11B | $3.44B | $2.54B | $2.32B | $2.98B |
| Other Non Cash Items | $-52.30M | $7.70M | $-4.45B | $-605.90M | $-210.40M | $-433.00M | $-434.70M | $-486.00M | $-305.30M | $-239.50M |
| Net Cash Provided by Operating Activities | $4.60B | $3.79B | $3.17B | $3.22B | $3.74B | $5.49B | $5.16B | $4.19B | $3.86B | $4.38B |
| Investments in Property Plant and Equipment | $-68.80M | $-102.00M | $-116.30M | $-129.90M | $-108.80M | $-132.40M | $-92.30M | $-164.80M | $-154.90M | $-136.40M |
| Acquisitions Net | $-27.10M | $- | $-9.20M | $27.00M | $-1.40M | $-1.21B | $-184.70M | $-13.30M | $-2.40M | $-291.20M |
| Purchases of Investments | $- | $-12.34B | $-19.42B | $-16.73B | $-15.78B | $-14.63B | $-14.21B | $-13.44B | $-13.70B | $-10.02B |
| Sales Maturities of Investments | $- | $11.08B | $21.58B | $13.70B | $11.86B | $9.46B | $10.03B | $10.16B | $9.63B | $8.19B |
| Other Investing Activities | $-5.30B | $12.30M | $-978.60M | $-2.52B | $-999.20M | $-1.18B | $-1.24B | $-602.40M | $-930.00M | $-909.80M |
| Net Cash Used for Investing Activities | $-5.40B | $-1.35B | $1.06B | $-5.66B | $-5.03B | $-7.69B | $-5.70B | $-4.05B | $-5.15B | $-3.17B |
| Debt Repayment | $119.60M | $-91.00M | $-285.70M | $8.40M | $530.50M | $530.20M | $88.00M | $-69.20M | $-143.20M | $752.30M |
| Common Stock Issued | $67.70M | $57.80M | $181.70M | $86.70M | $42.80M | $37.70M | $64.00M | $162.50M | $37.80M | $76.10M |
| Common Stock Repurchased | $-1.04B | $-740.40M | $-1.70B | $-937.20M | $-307.00M | $-281.00M | $-671.60M | $-220.40M | $-277.30M | $-850.60M |
| Dividends Paid | $-2.70B | $-625.50M | $-642.30M | $-654.10M | $-614.50M | $-606.00M | $-598.60M | $-540.00M | $-464.90M | $-457.50M |
| Other Financing Activities | $2.89B | $-1.19B | $725.90M | $3.42B | $1.97B | $2.05B | $2.17B | $283.10M | $2.30B | $-578.90M |
| Net Cash Used Provided by Financing Activities | $300.30M | $-2.59B | $-1.72B | $1.92B | $1.62B | $1.73B | $1.05B | $-384.00M | $1.45B | $-508.60M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-495.80M | $-140.30M | $2.52B | $-517.80M | $333.90M | $-461.60M | $506.70M | $-248.80M | $154.80M | $700.90M |
| Cash at End of Period | $4.21B | $4.71B | $4.85B | $2.33B | $2.85B | $2.52B | $2.98B | $2.47B | $2.72B | $2.56B |
| Cash at Beginning of Period | $4.71B | $4.85B | $2.33B | $2.85B | $2.52B | $2.98B | $2.47B | $2.72B | $2.56B | $1.86B |
| Operating Cash Flow | $4.60B | $3.79B | $3.17B | $3.22B | $3.74B | $5.49B | $5.16B | $4.19B | $3.86B | $4.38B |
| Capital Expenditure | $-68.80M | $-102.00M | $-116.30M | $-129.90M | $-108.80M | $-132.40M | $-92.30M | $-164.80M | $-154.90M | $-136.40M |
| Free Cash Flow | $4.53B | $3.69B | $3.06B | $3.09B | $3.63B | $5.36B | $5.06B | $4.02B | $3.70B | $4.24B |