PFG
Income statement / Annual
Last year (2023), Principal Financial Group, Inc.'s total revenue was $13.67 B,
a decrease of 21.87% from the previous year.
In 2023, Principal Financial Group, Inc.'s net income was $623.20 M.
See Principal Financial Group, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$13.67 B
|
$17.49 B
|
$14.26 B
|
$14.74 B
|
$16.22 B
|
$14.24 B
|
$14.09 B
|
$12.39 B
|
$11.96 B
|
$10.55 B
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$77.20 M |
| Gross Profit |
$13.67 B |
$17.49 B |
$14.26 B |
$14.74 B |
$16.22 B |
$14.24 B |
$14.09 B |
$12.39 B |
$11.96 B |
$10.48 B |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
0.99 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$0.00
|
$0.00
|
$0.00
|
$4.65 B
|
$4.50 B
|
$4.14 B
|
$3.89 B
|
$3.73 B
|
$3.67 B
|
$3.57 B
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$5.07 B
|
$4.96 B
|
$5.07 B
|
$4.65 B
|
$4.50 B
|
$4.14 B
|
$3.89 B
|
$3.73 B
|
$3.67 B
|
$3.57 B
|
| Other Expenses |
$0.00 |
$4.97 B |
-$12.23 B |
-$17.73 B |
-$19.08 B |
-$16.60 B |
$3.89 B |
$3.73 B |
$3.67 B |
$3.57 B |
| Operating Expenses |
$5.07 B |
$4.97 B |
-$12.23 B |
-$13.08 B |
-$14.58 B |
-$12.46 B |
$3.89 B |
$3.73 B |
$3.67 B |
$3.57 B |
| Cost And Expenses |
$5.07 B |
$11.43 B |
$12.18 B |
$13.05 B |
$14.53 B |
$12.45 B |
$11.84 B |
$10.80 B |
$10.53 B |
$8.85 B |
| Interest Income |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$0.00 |
$1.20 M |
$1.00 M |
$1.00 M |
$1.00 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$134.10 M |
| Depreciation &
Amortization |
$272.70 M
|
$331.40 M
|
$307.70 M
|
$276.70 M
|
$191.20 M
|
$174.80 M
|
$139.80 M
|
$133.50 M
|
$193.00 M
|
$122.70 M
|
| EBITDA |
$1.01 B
|
$6.28 B
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$2.45 B
|
$0.00
|
$0.00
|
$1.67 B
|
| EBITDA Ratio |
0.07 |
0.36 |
0.16 |
0.13 |
0.12 |
0.14 |
0.17 |
0.14 |
0.13 |
0.17 |
| Operating Income Ratio
|
0.06
|
0.34
|
0.14
|
0.11
|
0.1
|
0.12
|
0.16
|
0.12
|
0.12
|
0.16
|
| Total Other
Income/Expenses Net |
-$71.80 M
|
-$6.59 B
|
-$7.27 B
|
-$8.40 B
|
-$10.02 B
|
-$8.32 B
|
-$7.95 B
|
-$7.07 B
|
-$7.07 B
|
-$5.55 B
|
| Income Before Tax |
$738.80 M |
$6.06 B |
$2.08 B |
$1.69 B |
$1.69 B |
$1.78 B |
$2.25 B |
$1.59 B |
$1.43 B |
$1.70 B |
| Income Before Tax Ratio
|
0.05
|
0.35
|
0.15
|
0.11
|
0.1
|
0.13
|
0.16
|
0.13
|
0.12
|
0.16
|
| Income Tax Expense |
$68.70 M |
$1.21 B |
$326.20 M |
$265.00 M |
$249.20 M |
$230.70 M |
-$72.30 M |
$229.90 M |
$177.60 M |
$317.80 M |
| Net Income |
$623.20 M |
$4.76 B |
$1.58 B |
$1.40 B |
$1.39 B |
$1.55 B |
$2.31 B |
$1.32 B |
$1.23 B |
$1.35 B |
| Net Income Ratio |
0.05 |
0.27 |
0.11 |
0.09 |
0.09 |
0.11 |
0.16 |
0.11 |
0.1 |
0.13 |
| EPS |
2.64 |
18.94 |
6.36 |
5.08 |
5 |
5.41 |
8 |
4.55 |
4.11 |
3.7 |
| EPS Diluted |
2.55 |
18.63 |
6.27 |
5.05 |
4.96 |
5.35 |
7.88 |
4.5 |
4.06 |
3.65 |
| Weighted Average Shares
Out |
$236.44 M
|
$251.10 M
|
$269.00 M
|
$274.70 M
|
$278.60 M
|
$285.80 M
|
$293.10 M
|
$292.56 M
|
$297.86 M
|
$298.70 M
|
| Weighted Average Shares
Out Diluted |
$244.60 M
|
$255.30 M
|
$272.90 M
|
$276.60 M
|
$281.00 M
|
$288.80 M
|
$293.20 M
|
$292.70 M
|
$298.00 M
|
$299.01 M
|
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