Principal Financial Group, Inc. (PFG) — Financial statements
Income statement, balance sheet, and cash flow for Principal Financial Group, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 15,626↓3.1% | 16,128↑18.0% | 13,666↓22.1% | 17,536↑21.5% | 14,428 | |
| Cost of Revenue | 8,565↓2.4% | 8,774↑13.0% | 7,766↑19.6% | 6,492↓11.7% | 7,352 | |
| Gross Profit | 7,061↓4.0% | 7,353↑24.6% | 5,900↓46.6% | 11,044↑56.1% | 7,076 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Expenses | 5,645↑3.3% | 5,464↑5.9% | 5,161↑2.1% | 5,057↓2.1% | 5,165 | |
| Operating Expenses | 5,645↑3.3% | 5,464↑5.9% | 5,161↑2.1% | 5,057↓2.1% | 5,165 | |
| Total Costs & Expenses | 14,210↓0.2% | 14,238↑10.1% | 12,927↑11.9% | 11,549↓7.7% | 12,517 | |
| Operating Results | ||||||
| Operating Income | 1,416↓25.1% | 1,890↑155.8% | 739↓87.7% | 5,987↑213.3% | 1,911 | |
| Depreciation & Amortization | 251↓1.9% | 256↓6.1% | 273↓7.8% | 296↑7.5% | 275 | |
| EBITDA | 1,670↓22.2% | 2,146↑112.1% | 1,012↓83.9% | 6,283↑187.4% | 2,186 | |
| EBIT | 1,418↓24.9% | 1,890↑155.8% | 739↓87.7% | 5,987↑213.3% | 1,911 | |
| Interest & Other Income | ||||||
| Net Interest Income | -2↑15.4% | -3↓36.8% | -2↓58.3% | -1↓20.0% | -1 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 2↓15.4% | 3↑36.8% | 2↑58.3% | 1↑20.0% | 1 | |
| Non-Operating Income | -2 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 1,416↓25.1% | 1,890↑155.8% | 739↓87.7% | 5,987↑213.3% | 1,911 | |
| Income Tax Expense | 161↓45.0% | 292↑324.6% | 69↓94.2% | 1,190↑319.0% | 284 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,256↓21.4% | 1,598↑138.5% | 670↓86.0% | 4,798↑194.9% | 1,627 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,185↓24.6% | 1,571↑152.1% | 623↓86.9% | 4,757↑201.0% | 1,580 | |
| Bottom-Line Net Income | 1,185↓24.6% | 1,571↑152.1% | 623↓86.9% | 4,757↑201.0% | 1,580 | |
| EPS (Basic) | 5.32↓21.4% | 6.77↑162.4% | 2.58↓86.4% | 18.94↑222.7% | 5.87 | |
| EPS (Diluted) | 5.25↓21.4% | 6.68↑162.0% | 2.55↓86.3% | 18.63↑221.8% | 5.79 | |
| Weighted Average Shares | 226↓0.2% | 226↓4.3% | 236↓5.8% | 251↓6.7% | 269 | |
| Weighted Average Diluted Shares | 226↓0.2% | 226↓7.5% | 245↓4.2% | 255↓6.4% | 273 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.