Revenue segments as reported by the company.

Premiums and other considerations

Fees and other revenues

Net investment income

Net realized capital gains (losses)

Net realized capital gains (losses) on funds withheld assets

Change in fair value of funds withheld embedded derivative

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Benefits, claims and settlement expenses

Dividends to policyholders

Operating expenses

Liability for future policy benefits remeasurement (gain) loss

Market risk benefit remeasurement (gain) loss

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Principal Financial Group

Principal Financial Group, Inc. is a financial company, which offers financial products and services to businesses, individuals and institutional clients. It specializes in retirement solutions, insurance, and investment products through its diverse family of financial services companies and national network of financial professionals. It operates its business through following segments: Retirement and Income Solutions, Principal Global Investors, Principal International, U.S. Insurance Solutions and Corporate. The Retirement and Income Solutions segment provides retirement and related financial products and services primarily to businesses, their employees and other individuals. The Principal Global Investors segment provides asset management services to asset accumulation business, insurance operations, corporate segment and third party clients and also refers to mutual fund business. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities and life insurance accumulation products. The U.S. Insurance Solutions segment operates through two divisions. Specialty benefits insurance division consists of group dental and vision insurance, individual and group disability insurance, group life insurance and non-medical fee-for-service claims administration. Individual life insurance division provides solutions for small & medium-sized businesses. The Corporate segment manages the assets representing capital that has not been allocated to any other segment. The company was founded by Edward A. Temple in 1879 and is headquartered in Des Moines, IA.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q4 2024

Principal Financial Group reports robust earnings and strategic growth outlook

Principal Financial Group's Q4 2022 earnings call highlighted strong financial performance, strategic capital deployment, and growth opportunities in key business segments. Despite facing challenges from macroeconomic volatility and market conditions, the company remains well-positioned to capitalize on its strengths and drive continued success in 2023.

Principal Financial Group reports robust Q1 earnings and growth outlook

Principal Financial Group's Q1 performance reflects strong earnings and growth across key segments, underpinned by a diversified investment portfolio and disciplined capital management.
While challenges like market volatility and expense management persist, the company remains well-positioned for growth opportunities and shareholder returns.
Strategic focus on selective PRT sales, risk management in real estate portfolios, and proactive disclosures highlight the company's commitment to sustainable growth.

Principal Financial Group reports strong Q2 earnings amidst market challenges

Principal Financial Group delivered solid financial performance in Q2 2023, with growth in operating earnings and managed AUM. While facing challenges in certain segments and industries, the company is strategically positioned to capitalize on opportunities for growth and innovation.

Principal Financial Group reports robust Q3 earnings and growth strategies

Principal Financial Group delivered strong financial performance in Q3, with notable increases in earnings and net income, while maintaining a healthy capital position and returning capital to shareholders.
Despite challenges such as institutional outflows and fee compression, the company is focused on maximizing growth opportunities in retirement, asset management, and benefits, while exploring new capital-efficient ventures.
The company's strengths lie in its diverse accolades, robust commercial mortgage loan portfolio, and strategic focus on growth drivers, positioning it well for continued success and value creation for stakeholders.
Principal Financial Group's proactive approach to challenges and opportunities underscores its commitment to sustainable growth and shareholder value, supported by a strong foundation and strategic initiatives.

Principal Financial Group reports robust earnings and eyes growth opportunities

Principal Financial Group's Q4 2023 Earnings Call highlighted strong financial results, with a positive outlook for 2024. The company remains focused on maintaining capital and liquidity targets while returning excess capital to shareholders, emphasizing growth opportunities in various product segments.

Principal Financial Group reports robust Q1 earnings amidst regulatory challenges

Principal Financial Group's Q1 2024 performance reflects strong financial results, strategic focus on talent retention, and commitment to sustainable growth. While facing challenges from regulatory changes and variable investment income pressures, PFG remains well-positioned to leverage opportunities in key market segments and return capital to shareholders.

Principal Financial Group reports strong Q2 earnings and growth opportunities

Principal Financial Group delivered solid financial performance in Q2 2024, driven by growth in key segments and capital return to shareholders.
While facing challenges in asset management and international operations, the company remains focused on seizing opportunities for growth and enhancing transparency.
With a long-standing commitment to financial security and strategic capital management, Principal Financial Group is poised to navigate market dynamics and drive sustainable value creation.

Principal Financial Group reports robust Q3 earnings and growth opportunities

Principal Financial Group (PFG) delivered strong financial performance in Q3 2024, with notable growth in operating earnings and managed AUM.
While facing challenges such as net losses and outflows in certain segments, PFG remains focused on capital deployment and shareholder returns.
Strategic initiatives in global credit, retirement business growth, and upcoming Investor Day present opportunities for sustained growth and stakeholder engagement.

Revenue

Cost of revenue

Gross profit

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Principal Financial Group, Inc. engages in the investment management offering business. It offers financial products and services to businesses, individuals, and institutional clients. It operates its business through the following segments: Retirement and Income Solutions, Principal Asset Management and Benefits and Protection. The Retirement and Income Solutions Segment offers a comprehensive portfolio of products and services for retirement savings along with select products for retirement income. The Principal Asset Management segment provides global investment solutions to institutional, retirement, retail and high net worth investors in the U.S. and select emerging markets. The Benefits and Protection segment includes selling individual life insurance products. The company was founded by Edward A. Temple in 1879 and is headquartered in Des Moines, IA.

Principal Financial (PFG) stock rallies on the back of strong retention and employment growth, improved claim experience, growth in the business and effective capital deployment.

Principal Financial (PFG) Up 29.2% in a Year: More Room to Run?

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today it is integrating its global asset management and international pension businesses under Principal Asset ManagementSM – blending leadership, investment capabilities, and client-facing teams. The combined business will help Principal® to effectively deliver global and local investment capabilities and client support across more than 80 markets, driving greater benefit for clients and shareholders.

Principal® Announces Integration of Global Asset Management and International Pension Businesses

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DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that it will release its outlook for 2023 on Thursday, March 2, 2023. Dan Houston, chairman, president, and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will host a conference call at 10:00am ET on March 2, 2023, to provide details on the company's outlook for 2023 as well as longer-term, including key earnings drivers and capital deployment.

Principal to Host 2023 Outlook Call on March 2, 2023

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® today announced Vivek Agrawal will join the company as chief growth officer effective March 7.

Principal Financial Group® Names Vivek Agrawal as Chief Growth Officer

DES MOINES, Iowa--( BUSINESS WIRE )--Today, Principal Financial Group® (Nasdaq: PFG) announced Amy Friedrich, president of U.S. Insurance Solutions at Principal, will participate in a fireside chat at the Bank of America Financial Services Conference on Wednesday, February 15, 2023, beginning at approximately 1:40 p.m. Eastern Time. Friedrich will participate in a question-and-answer session covering a variety of industry and company specific topics.

Amy Friedrich to Speak at Bank of America Financial Services Conference 2023

Principal Financial's (PFG) Q4 earnings reflect soft performance across most of the segments and lower assets under management which were offset by lower expenses.

Principal Financial (PFG) Q4 Earnings Beat, Decrease Y/Y

Principal Financial Group, Inc. (NASDAQ:PFG ) Q4 2022 Earnings Conference Call January 31, 2023 10:00 AM ET Company Participants Humphrey Lee – Vice President-Investor Relations Dan Houston – Chief Executive Officer Deanna Strable – Chief Financial Officer Pat Halter – Global Asset Management Chris Littlefield – Retirement and Income Solutions Amy Friedrich – U.S. Insurance Solutions Conference Call Participants John Barnidge – Piper Sandler Jimmy Bhullar – J.P. Morgan Suneet Kamath – Jefferies Tracy Benguigui – Barclays Erik Bass – Autonomous Research Alex Scott – Goldman Sachs Ryan Krueger – KBW Josh Shanker – Bank of America Operator Good morning, and welcome to the Principal Financial Group Fourth Quarter 2022 Financial Results Conference Call.

Principal Financial Group, Inc. (PFG) Q4 2022 Earnings Call Transcript

DES MOINES, Iowa--( BUSINESS WIRE )--Principal Financial Group® (Nasdaq: PFG) announced results for full year and fourth quarter of 2022.

Principal Financial Group® Announces Full Year and Fourth Quarter 2022 Results

Principal Financial Group (PFG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Principal Financial Group (PFG)

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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.

Principal Financial (PFG) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

DES MOINES, Iowa--( BUSINESS WIRE )--Principal Asset ManagementSM doubled its direct lending committed capital in 2022, increasing its foothold in the middle market. The direct lending team, now in its third year of business, has closed on 85 transactions since inception, representing $1.6 billion of committed capital.

Principal® Doubles Direct Lending Committed Capital In 2022

SAN FRANCISCO , Jan. 16, 2023 /PRNewswire/ -- Crane Data Centers Inc., ("Crane") and Principal Asset Management, through its real estate investment team, announce today the development of a 100+ MW data center campus in the growing Portland market. The site is strategically located in Forest Grove, Oregon proximate to the Hillsboro data center ecosystem with multiple fiber paths, recycled water for cooling, and an onsite substation connected to the transmission grid providing access to low-cost renewable energy.

Crane and Principal Asset ManagementSM to develop 100+ MW data center campus in growing Portland market

DES MOINES, Iowa--( BUSINESS WIRE )--Principal Financial Group® (Nasdaq: PFG) announced today that it will release fourth quarter and full year 2022 financial results 15 minutes after U.S. markets close on Monday, January 30, 2023.

Principal® to Announce Fourth Quarter and Full Year 2022 Financial Results

High dividend stocks held up well in a tough 2022 tape. Insurance stocks were among the top industry performers last year, many of them featuring increasing payouts.

Principal Financial: Shares Retreat To Support Ahead Of Earnings, Valuation Still Lackluster

DES MOINES, Iowa--( BUSINESS WIRE )--Principal Financial Group® , a leading global financial services provider, today announced an exciting new chapter in their ongoing expansion of their global pension footprint as Principal® acquires a minority ownership stake (17.647%) in China Construction Bank (CCB) Pension Management Co., Ltd. (CCBP), CCB's pension business with the Social Security Fund of China (SSF). CCB will remain as the majority shareholder of CCBP with a 70% interest and an additional minority stake (12.353%) held by the SSF.

Principal® announces pension joint venture in China

DES MOINES, Iowa--( BUSINESS WIRE )--While most U.S. small and midsized businesses and their employees believe a recession is likely in 2023, business owners are opting to raise prices and reduce operating expenses before cutting salaries or benefits, according to the latest Principal Well-Being IndexSM (WBI) study by Principal Financial Group ®.

Businesses and employees report rising concerns about a potential recession according to Principal® survey

DES MOINES, Iowa--( BUSINESS WIRE )--Principal Financial Group ® is proud to announce its support today for First Women's Bank (FWB) as a Mission Partner, providing capital to fuel growth for women-owned businesses.

Principal® joins First Women's Bank as Mission Partner

DES MOINES, Iowa--( BUSINESS WIRE )--As employers look for ways to attract and retain the most qualified candidates, employee benefits are becoming more critical to securing top talent who play important roles in their organization1. According to the U.S. Bureau of Labor Statistics, employees change jobs for better pay, improved benefits, opportunities for growth, or a different career altogether. New research conducted by Principal Financial Group ® indicates that nonqualified deferred compensation (NQDC) plans – employer-sponsored plans that enable key employees to save more of their earnings for retirement – remain valuable in helping employers recruit and retain key talent, and important in helping participants reach retirement savings goals.

Principal® Survey Finds Nonqualified Plans Critical in Key Employee Recruitment and Retention

DES MOINES, Iowa--( BUSINESS WIRE )--Today, Principal Financial Group ® (Nasdaq: PFG) announced Dan Houston, chairman, president, & CEO, will participate in a fireside chat at the Goldman Sachs 2022 US Financial Services Conference on Wednesday, December 7, 2022 beginning at approximately 8:00 a.m. Eastern Time. Houston will participate in a question-and-answer session covering a variety of industry and company specific topics.

Dan Houston to Speak at Goldman Sachs 2022 US Financial Services Conference

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SAN FRANCISCO , Nov. 3, 2022 /PRNewswire/ -- Ease , a leading HR and benefits software solution for small businesses, insurance brokers, and insurance carriers, today announced a more seamless benefits enrollment process is now possible in collaboration with Principal Financial Group ®. Through the EaseConnect+ connection the benefits enrollment integration with Principal® will be faster and less complex as a result of the Application Programming Interface (API), which includes an Evidence of Insurability (EOI) API and Member Benefits API.

Open Enrollment Made Easier through API Update from Ease and Principal

Principal Financial Group, Inc. (NASDAQ:PFG ) Q3 2022 Earnings Conference Call October 28, 2022 10:00 AM ET Company Participants Humphrey Lee - Vice President, Investor Relations Dan Houston - Chief Executive Officer Deanna Strable - Chief Financial Officer Chris Littlefield - President, Retirement & Income Solutions Pat Halter - President, Asset Management Amy Friedrich - President, US Insurance Solutions Conference Call Participants John Barnidge - Piper Sandler Erik Bass - Autonomous Research Alex Scott - Goldman Sachs Wilma Burdis - Raymond James Ryan Krueger - KBW Tom Gallagher - Evercore ISI Suneet Kamath - Jefferies Tracy Benguigui - Barclays Bank Josh Shanker - Bank of America Michael Ward - Citi Operator Good morning, and welcome to the Principal Financial Group Third Quarter 2022 Financial Results Conference Call. There will be a question-and-answer period after the speakers have completed their prepared remarks.

Principal Financial Group, Inc. (PFG) Q3 2022 Earnings Call Transcript

Principal Financial's (PFG) third-quarter earnings reflect lower expenses higher revenues in Principal International, offset by lower assets under management (AUM).

News for Principal Financial Group Stock (PFG)