← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $12.4b |
$14.1b
+13.71%
|
$14.2b
+1.02%
|
$16.2b
+13.94%
|
$14.7b
-9.13%
|
$14.3b
-3.25%
|
$17.5b
+22.64%
|
$13.7b
-21.87%
|
$16.1b
+18.02%
|
$15.6b
-3.11%
|
$15.7b
+0.43%
|
|
| Fees and other revenues | $3.6b | $3.9b | $4.3b | $4.4b | $4.5b | $5.0b | $4.2b | $4.1b | $4.3b | $4.4b | — | |
| Amortization of Intangible Assets | $44.5m | $45.4m | $53.9m | $62.8m | $73.5m | $75.3m | $70.7m | $68.6m | $66.1m | $72.9m | — | |
| Operating expenses | $3.7b | $3.9b | $4.1b | $4.5b | $4.6b | $5.0b | $5.0b | $5.1b | $5.4b | $5.4b | $13.8b | |
| Net Investment Income | $3.3b | $3.5b | $3.6b | $4.0b | $3.9b | $4.4b | $3.8b | $4.1b | $4.4b | $4.7b | $1.6b | |
| Debt Securities, Trading, Gain (Loss) | — | — | — | — | $3.2m | ($33.3m) | ($30.1m) | ($8.6m) | $1.6m | $800k | — | |
| Market Risk Benefit, Change in Fair Value, Gain (Loss) | — | — | — | — | — | — | — | ($29.1m) | ($30.3m) | ($63.1m) | — | |
| Gain (Loss) on Investments | $171.1m | $524.2m | ($75.4m) | ($52.8m) | $302.6m | $2.5m | ($258.4m) | ($72.2m) | ($27.3m) | $27.7m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $1.3b | $1.8b | $1.7b | $1.4b | $1.3b | $1.9b | $5.8b | $412.8m | $1.7b | $1.0b | $1.9b | |
| Income (loss) before income taxes | $1.6b | $2.3b | $1.8b | $1.7b | $1.7b | $2.1b | $6.1b | $738.8m | $1.9b | $1.4b | — | |
| Income taxes (benefits) | $229.9m | ($72.3m) | $230.7m | $249.2m | $265.0m | $326.2m | $1.2b | $68.7m | $291.7m | $160.5m | — | |
| Current Income Tax Expense (Benefit) | $55.8m | $61.1m | ($400k) | $92.6m | $72.9m | $166.8m | $8.5m | $125.9m | $284.4m | $262.0m | $259.8m | |
| 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%
|
$1.6b
+31.53%
|
|
| 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 | $1.6b | |
| Earnings Per Share, Basic | $4.55 | $8.00 | $5.41 | $5.00 | $5.08 | $6.36 | $19.16 | $2.58 | $6.77 | $5.32 | $7.12 | |
| Earnings Per Share, Diluted | $4.50 | $7.88 | $5.36 | $4.96 | $5.05 | $6.27 | $18.85 | $2.55 | $6.68 | $5.25 | $7.02 | |
| Common Stock, Dividends, Per Share, Declared | $1.61 | $1.87 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.85 | $3.08 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 289.4m | 288.9m | 285.8m | 278.6m | 274.7m | 269.0m | 251.1m | 241.3m | 232.0m | 222.8m | 218.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 292.7m | 293.1m | 288.8m | 281.0m | 276.6m | 272.9m | 255.3m | 244.6m | 235.3m | 225.7m | 221.7m | |
| Expenses | ||||||||||||
| Additional Financial Items | ||||||||||||
| 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 | — | |
| Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded | — | — | — | — | — | — | $5.8m | $8.2m | $16.2m | $24.2m | — | |
| Depreciation, Depletion and Amortization, Nonproduction | $133.5m | $139.8m | $151.0m | $166.8m | $186.6m | $208.0m | $230.0m | $202.9m | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | $1.0m | $27.1m | — | — | — | — | |
| 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 | — | |
| Premiums and other considerations | $5.3b | $6.2b | $6.4b | $7.9b | $6.0b | $4.8b | $5.3b | $6.5b | $6.9b | $6.8b | — | |
| Net realized capital gains (losses) | $171.1m | $524.2m | ($75.4m) | ($52.8m) | $302.6m | $2.5m | ($258.4m) | ($72.2m) | ($27.3m) | $27.7m | — | |
| Net realized capital gains (losses) on funds withheld assets | — | — | — | — | — | — | $749.4m | $165.0m | $87.7m | $43.2m | — | |
| Change in fair value of funds withheld embedded derivative | — | — | — | — | $0 | $0 | $3.7b | ($1.1b) | $447.4m | ($381.1m) | — | |
| Benefits, claims and settlement expenses | $6.9b | $7.8b | $8.2b | $9.9b | $8.3b | $7.1b | $6.4b | $7.8b | $8.1b | $8.6b | — | |
| Liability for future policy benefits remeasurement (gain) loss | — | — | — | — | — | ($4.4m) | ($264.5m) | ($51.6m) | $671.4m | $56.4m | — | |
| Market risk benefit remeasurement (gain) loss | — | — | — | — | — | $98.3m | $125.3m | $29.1m | $30.3m | $63.1m | — | |
| Dividends to policyholders | $157 | $125 | $124 | $119 | $120 | $95 | $95 | $89 | $100 | $92 | — | |
| Policyholder Benefits and Claims Incurred, Net | $6.9b | $7.8b | $8.2b | $9.9b | $8.3b | $7.1b | $6.4b | $7.8b | $8.1b | $8.6b | — | |
| Benefits, Losses and Expenses | $10.8b | $11.8b | $12.5b | $14.5b | $13.0b | $12.2b | $11.4b | $12.9b | $14.2b | $14.2b | — | |
| Premiums Earned, Net | $5.3b | $6.2b | $6.4b | $7.9b | $6.0b | $4.8b | $5.3b | $6.5b | $6.9b | $6.8b | — | |
| Total expenses | $10.8b | $11.8b | $12.5b | $14.5b | $13.0b | $12.2b | $11.4b | $12.9b | $14.2b | $14.2b | $13.8b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.