• Insurance - Diversified
  • Financial Services
Principal Financial Group, Inc. logo
Principal Financial Group, Inc.
PFG · US · NASDAQ
74.78
USD
+0.35
(0.47%)
Company Overview

711 HIGH STREET,DES MOINES IA 50392,5152475111

CEO

Mr. Daniel Joseph Houston

Employess

19800

Sector

Financial Services

Industry

Insurance - Diversified

Website

https://www.principal.com

Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides a portfolio of asset accumulation products and services for retirement savings and income. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, and bank products. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, India, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products in the United States. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.

Next Earnings Date

Oct. 24, 2024

Ex Dividends date

Sep. 27, 2024

Dividend Date

Sept. 5, 2024

YTD Performance

-5.47%

Fiscal Year End

12-31

IPO Date

2001-10-23

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 3.59% -0.82% -2.49% -21.87%
EPS -1.46% -13.76% -20.22% -86.38%
Equity 1.20% -0.85% -12.97% 9.14%
Cash 7.10% 9.60% 18.21% -2.89%
Return On Capital (ROIC) 11.65% 12.32% 15.76% 4.67%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 61.1 80.7 79.8 84.7 93.4
Long Term Debt 3,930 4,000 4,280 4,280 3,730
LT Finance Leases 172 193 216 203 161
Shares Outstanding 241 251 269 275 279
Market Cap 19,000 21,100 19,500 13,600 15,300
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
CFO Deanna Strable to Speak at 2024 KBW Insurance Conference
1 month

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that Deanna Strable, executive vice president and chief financial officer, will participate in a fireside chat at the KBW Insurance Conference on Thursday, September 5, 2024, beginning at approximately 3:05 p.m. Eastern Time. Strable will participate in a question-and-answer session covering a variety of industry and company specific topics. The fireside chat will be available live at principal.com/inves.

businesswire.com
Principal Financial Group, Inc. (PFG) Q2 2024 Earnings Call Transcript
2 months

Principal Financial Group, Inc. (NASDAQ:PFG ) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants Humphrey Lee - Vice President, Investor Relations Daniel Houston - Chairman, President and Chief Executive Officer Deanna Strable - Executive Vice President and Chief Financial Officer Christopher Littlefield - President, Retirement and Income Solutions Kamal Bhatia - President and Chief Executive Officer, Principal Asset Management Conference Call Participants Joel Hurwitz - Dowling & Partners Ryan Krueger - KBW Wesley Carmichael - Autonomous Research Jimmy Bhullar - JPMorgan John Barnidge - Piper Sandler Elyse Greenspan - Wells Fargo Suneet Kamath - Jefferies Thomas Gallager - Evercore ISI Wilma Burdis - Raymond James Joshua Shanker - Bank of America Michael Ward - Citigroup Operator Good morning and welcome to the Principal Financial Group Second Quarter 2024 Financial Results Conference Call. There will be a question-and-answer period after the speakers have completed their prepared remarks.

seekingalpha.com
Principal Financial (PFG) Could Be a Great Choice
2 months

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?

zacks.com
Principal Financial (PFG) Q2 Earnings Miss, Revenues Rise Y/Y
2 months

Principal Financial's (PFG) second-quarter results reflect higher revenues across most of the segments and improved asset under management, offset by escalating expenses.

zacks.com
Here's What Key Metrics Tell Us About Principal Financial (PFG) Q2 Earnings
2 months

While the top- and bottom-line numbers for Principal Financial (PFG) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

zacks.com
Principal Financial (PFG) Misses Q2 Earnings Estimates
2 months

Principal Financial (PFG) came out with quarterly earnings of $1.63 per share, missing the Zacks Consensus Estimate of $1.87 per share. This compares to earnings of $1.53 per share a year ago.

zacks.com
What's in Store for Principal Financial (PFG) in Q2 Earnings?
2 months

Principal Financial's (PFG) Q2 results are likely to reflect strong sales, improved yields and average invested assets in fixed maturities, and higher sales of single premium group annuities.

zacks.com
Principal Financial (PFG) Reports Next Week: Wall Street Expects Earnings Growth
2 months

Principal Financial (PFG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

zacks.com
Are You Looking for a High-Growth Dividend Stock?
2 months

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?

zacks.com
Reasons Why Investors Should Retain Principal Financial (PFG)
3 months

Principal Financial (PFG) remains poised to gain from favorable claims and disciplined expense management, positive net cash flow, growth in business and a solid capital position.

zacks.com
Why Principal Financial (PFG) is a Great Dividend Stock Right Now
3 months

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?

zacks.com
SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Principal Financial Group, Inc. (NASDAQ: PFG) and Encourages Investors to Contact the Firm
3 months

PHILADELPHIA, PA / ACCESSWIRE / June 11, 2024 / Kaskela Law LLC announces that it is investigating Principal Financial Group, Inc. (NASDAQ:PFG) ("Principal Financial") on behalf of the company's stockholders. The investigation seeks to determine whether Principal Financial and/or the company's officers and directors violated the securities laws or breached their fiduciary duties to the company's investors in connection with recent corporate actions.

accesswire.com