← PRINCIPAL FINANCIAL GROUP INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $1.3b |
$2.3b
+75.50%
|
$1.5b
-33.06%
|
$1.4b
-9.85%
|
$1.4b
+0.11%
|
$1.7b
+22.55%
|
$4.8b
+181.28%
|
$623.2m
-87.05%
|
$1.6b
+152.09%
|
$1.2b
-24.56%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $1.4b | $2.3b | $1.6b | $1.4b | $1.4b | $1.8b | $4.9b | $670.1m | $1.6b | $1.3b | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $45.3m | $14.1m | $7.2m | $49.9m | $32.7m | $46.8m | $40.6m | $46.9m | $26.9m | $70.4m | — | |
| Depreciation and amortization | $133.5m | $139.8m | $151.0m | $166.8m | $186.6m | $208.0m | $230.0m | $202.9m | $256.2m | $251.4m | $251.4m | |
| Depreciation, Amortization and Accretion, Net | $186.6m | $195.7m | $205.1m | $226.8m | $251.9m | $275.3m | $295.9m | $272.7m | $256.2m | $251.4m | $251.4m | |
| Amortization of Intangible Assets | $44.5m | $45.4m | $53.9m | $62.8m | $73.5m | $75.3m | $70.7m | $68.6m | $66.1m | $72.9m | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $285.1m | $234.6m | $253.5m | $347.0m | $388.1m | $285.4m | $384.4m | $389.8m | $392.5m | $400.0m | — | |
| Amortization Of Securities | — | — | — | — | — | — | $422.4m | $428.1m | $431.0m | $480.5m | $480.5m | |
| Deferred Income Tax Expense (Benefit) | $174.1m | ($133.4m) | $231.1m | $156.6m | $192.1m | $159.4m | $1.2b | ($57.2m) | $7.3m | ($101.5m) | — | |
| Share-based Payment Arrangement, Noncash Expense | $84.4m | $82.7m | $77.4m | $82.6m | $87.6m | $96.1m | $91.3m | $99.4m | $108.7m | $109.9m | $109.9m | |
| Goodwill, Impairment Loss | — | — | — | — | — | $1.0m | $27.1m | — | — | — | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($111.0m) | ($110.2m) | $10.9m | ($127.7m) | ($127.7m) | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | — | $68 | $76 | $112 | $11 | $166 | $103 | $110 | ($11) | $128 | — | |
| Change In Working Capital | — | — | — | — | — | — | $2.5b | $1.9b | $2.7b | $2.6b | $2.6b | |
| Change In Receivables | — | — | — | — | — | — | ($3.3b) | ($36.7m) | $53.1m | ($181.0m) | ($181.0m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($3.3b) | ($36.7m) | $53.1m | ($181.0m) | ($181.0m) | |
| Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded | — | — | — | — | — | — | $5.8m | $8.2m | $16.2m | $24.2m | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $1.1b | $1.2b | $1.3b | $1.4b | $1.4b | $1.6b | $1.7b | $1.6b | $1.6b | $1.7b | — | |
| Net Cash Provided by (Used in) Operating Activities | $3.9b |
$4.2b
+8.56%
|
$5.2b
+23.13%
|
$5.5b
+6.53%
|
$3.7b
-31.94%
|
$3.2b
-13.90%
|
$3.2b
-1.43%
|
$3.8b
+19.52%
|
$4.6b
+21.37%
|
$4.5b
-1.44%
|
$4.5b
0.00%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($116.3m) | ($102.0m) | ($68.8m) | ($98.0m) | ($159.8m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $7.7b | $8.7b | — | — | — | — | — | — | — | — | — | |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded | — | — | — | — | $16.2m | $28.0m | — | — | — | — | — | |
| Debt Securities, Trading, Gain (Loss) | — | — | — | — | $3.2m | ($33.3m) | ($30.1m) | ($8.6m) | $1.6m | $800k | — | |
| Gain (Loss) on Investments | $171.1m | $524.2m | ($75.4m) | ($52.8m) | $302.6m | $2.5m | ($258.4m) | ($72.2m) | ($27.3m) | $27.7m | $69.4m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | — | $27.1m | — | ($19.7m) | |
| Payments for (Proceeds from) Other Investing Activities | ($61.5m) | $70.8m | $302.7m | $489.1m | $66.4m | $107.0m | $68.2m | $919.3m | $692.7m | $672.0m | — | |
| Net Cash Provided by (Used in) Investing Activities | — | ($4.1b) | ($5.7b) | ($7.7b) | ($5.0b) | ($5.7b) | $1.1b | ($1.3b) | ($5.4b) | ($4.1b) | ($5.3b) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $799.3m | $56.5m | $1.3m | $32.2m | $65.8m | $1.8m | $302.0m | $764.0m | $100k | $400.1m | ($100k) | |
| Proceeds from Issuance of Long-term Debt | $656.1m | $2.8m | $80.8m | $504.9m | $608.9m | — | $15.4m | $691.5m | $21.8m | — | $394.9m | |
| Issuance Of Debt | — | — | — | — | — | — | $15.4m | $691.5m | $21.8m | $0 | $394.9m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $15.4m | $691.5m | $21.8m | $0 | $394.9m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($302.0m) | ($764.0m) | ($100k) | ($400.1m) | ($100k) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($285.7m) | ($91.0m) | $119.6m | ($409.1m) | $386.2m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($286.6m) | ($72.5m) | $21.7m | ($400.1m) | $394.8m | |
| Net Short Term Debt Issuance | — | — | — | — | — | $10.2m | $900k | ($18.5m) | $97.9m | ($9.0m) | ($8.6m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($302.0m) | ($764.0m) | ($100k) | ($400.1m) | ($100k) | |
| Payments for Repurchase of Common Stock | $277.3m | $220.4m | $671.6m | $281.0m | $307.0m | $937.2m | $1.7b | $740.4m | $1.0b | $902.7m | — | |
| Payments of Ordinary Dividends, Common Stock | $465 | $540 | $599 | $606 | $614 | $654 | $642 | $626 | $658 | $684 | ($695.3m) | |
| Proceeds from Issuance of Common Stock | $37.8m | $162.5m | $64.0m | $37.7m | $42.8m | $86.7m | $181.7m | $57.8m | $67.7m | $43.7m | $85.4m | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($642.3m) | ($625.5m) | ($658.4m) | ($684.0m) | ($695.3m) | |
| Common Stock Issuance | — | — | — | — | — | — | $181.7m | $57.8m | $67.7m | $43.7m | $85.4m | |
| Common Stock Payments | — | — | — | — | — | — | ($1.7b) | ($740.4m) | ($1.0b) | ($902.7m) | ($995.8m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $181.7m | $57.8m | $67.7m | $43.7m | $85.4m | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($1.5b) | ($682.6m) | ($974.7m) | ($859.0m) | ($910.4m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($1.7b) | ($740.4m) | ($1.0b) | ($902.7m) | ($995.8m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($642.3m) | ($625.5m) | ($658.4m) | ($684.0m) | ($695.3m) | |
| Proceeds from (Payments for) Other Financing Activities | $400k | ($2.5m) | ($4.3m) | $5.7m | $200k | $100k | — | $300k | $400k | ($1.3m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | $725.9m | ($1.2b) | $1.8b | $1.8b | $3.1b | |
| Net Cash Provided by (Used in) Financing Activities | — | ($384.0m) |
$1.1b
+374.14%
|
$1.7b
+64.69%
|
$1.6b
-6.49%
|
$1.9b
+18.53%
|
($1.7b)
-189.27%
|
($2.6b)
-50.74%
|
$300.3m
+111.61%
|
($181.8m)
-160.54%
|
$1.9b
+1146.70%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($461.6m) | $333.9m | ($517.8m) | $2.5b | ($140.3m) | ($495.8m) | $219.1m | $5.3b | |
| Beginning Cash Position | — | — | — | — | — | — | $2.3b | $4.8b | $4.7b | $4.2b | $3.7b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $2.5b | $2.8b | $2.3b | $4.8b | $4.7b | $4.2b | $4.4b | $5.3b | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $148.6m | $150.2m | $157.7m | $162.8m | $166.1m | $175.8m | $170.7m | $170.3m | $172.6m | — | |
| Income Taxes Paid, Net | $178.8m | $79.3m | $96.2m | ($8.5m) | ($172.0m) | $109.9m | $142.1m | $68.1m | $117.7m | $220.7m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Gain (Loss) | — | — | ($17.7m) | $84.5m | $70.5m | $100.0m | ($171.9m) | $64.0m | $128.4m | $119.3m | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($39.9m) | $61.6m | $64.6m | $58.6m | ($117.1m) | $73.4m | $106.9m | $45.7m | — | |
| Goodwill | $1.0b | $1.1b | $1.1b | $1.7b | $1.7b | $1.6b | $1.6b | $1.6b | $1.5b | $1.6b | — | |
| Income Tax Expense (Benefit) | $229.9m | ($72.3m) | $230.7m | $249.2m | $265.0m | $326.2m | $1.2b | $68.7m | $291.7m | $160.5m | — | |
| Market Risk Benefit, Change in Fair Value, Gain (Loss) | — | — | — | — | — | — | — | ($29.1m) | ($30.3m) | ($63.1m) | — | |
| Provision for Loan, Lease, and Other Losses | $4.2m | ($12.0m) | ($6.0m) | ($3.0m) | $17.3m | ($6.6m) | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($1.7b) | ($2.6b) | $300.3m | ($181.8m) | $1.9b | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $1.1b | ($1.3b) | ($5.4b) | ($4.1b) | ($5.3b) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $2.5b | ($140.3m) | ($495.8m) | $219.1m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $4.2b | ($490.8m) | $74.4m | $217.1m | $217.1m | |
| Changes In Cash | — | — | — | — | — | — | $2.5b | ($140.3m) | ($495.8m) | $219.1m | $1.6b | |
| End Cash Position | — | — | — | — | — | — | $4.8b | $4.7b | $4.2b | $4.4b | $5.3b | |
| Financing Cash Flow | — | — | — | — | — | — | ($1.7b) |
($2.6b)
-50.74%
|
$300.3m
+111.61%
|
($181.8m)
-160.54%
|
$1.9b
+1146.70%
|
|
| Free Cash Flow | — | — | — | — | — | — | $3.1b | $3.7b | $4.5b | $4.4b | $4.9b | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $233.1m | $95.7m | $160.7m | $69.4m | $69.4m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | ($749.4m) | ($165.0m) | ($87.7m) | ($43.2m) | ($43.2m) | |
| Investing Cash Flow | — | — | — | — | — | — | $1.1b | ($1.3b) | ($5.4b) | ($4.1b) | ($5.3b) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | $0 | ($27.1m) | ($5.6m) | ($17.2m) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | $128.8m | ($55.5m) | ($42.0m) | $65.5m | $59.5m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $2.2b | ($1.3b) | ($4.7b) | ($3.5b) | ($4.5b) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($116.3m) | ($102.0m) | ($68.8m) | ($98.0m) | ($159.8m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($627.3m) | ($179.5m) | $83.9m | ($101.5m) | ($101.5m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($565.0m) | ($495.0m) | $13.6m | ($345.2m) | — | |
| Purchase Of Business | — | — | — | — | — | — | $0 | $0 | ($27.1m) | ($5.6m) | ($19.7m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($19.4b) | ($12.3b) | ($15.7b) | ($16.3b) | ($17.4b) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($245.2m) | ($187.5m) | ($167.8m) | ($135.5m) | ($17.4b) | |
| Purchase Of PPE | — | — | — | — | — | — | ($116.3m) | ($102.0m) | ($68.8m) | ($98.0m) | ($159.8m) | |
| Sale Of Business | — | — | — | — | — | $27.0m | $0 | $0 | — | — | $0 | |
| Sale Of Investment | — | — | — | — | — | — | $21.6b | $11.1b | $11.0b | $12.8b | $12.9b | |
| Sale Of Investment Properties | — | — | — | — | — | — | $374.0m | $132.0m | $125.8m | $201.0m | $12.9b | |
| Stock Based Compensation | — | — | — | — | — | — | $91.3m | $99.4m | $108.7m | $109.9m | $109.9m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | $185.3m | ($55.4m) | ($130.0m) | ($120.1m) | ($120.1m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.