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PFG

92.18USD+1.26(+1.39%)Market Closed

Principal Financial Group Inc

Market Summary

USD92.18+1.26Market Closed
1.39%

PFG Alerts

PFG Stock Price

RSI Chart

Valuation

Market Cap

21.9B

Price/Earnings

5.14

Price/Sales

1.27

Price/Cashflow

7.5

Price/Sales

Profitability

Return on Equity

38.66%

Return on Assets

1.46%

Fundamentals

Revenue

Revenue (TTM)

18.5B

Revenue Y/Y

34.38%

Revenue Q/Q

-30.9%

Earnings

Earnings (TTM)

5.3B

Earnings Y/Y

284.97%

Earnings Q/Q

-54.71%

Price Action

52 Week Range

61.0596.17
(Low)(High)

Last 7 days

-0.3%

Last 30 days

6.2%

Last 90 days

24.9%

Trailing 12 Months

34.0%

Financial Health

Debt/Equity

0.39

Debt/Cashflow

0.68

Investor Care

Dividend Yield

2.97%

Buy Backs (1Y)

7.69%

Diluted EPS (TTM)

20.63

Peers (Alternatives to Principal Financial Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
75.8B
49.3B
3.74% 40.21%
88.97
1.57
5.65% -78.95%
58.3B
68.3B
5.25% 33.46%
16.25
0.85
-1.74% -22.45%
42.6B
36.3B
3.97% 29.03%
12.71
1.18
6.01% -7.78%
40.9B
21.3B
9.11% 34.34%
9.42
1.92
-7.24% -25.13%
21.9B
18.5B
6.21% 34.04%
5.14
1.27
32.46% 209.27%
MID-CAP
10.0B
16.2B
1.32% 47.37%
37
0.61
-1.22% -3.04%
9.2B
12.0B
-4.52% 93.47%
8.29
0.77
-10.10% 49.31%
7.2B
10.2B
-1.40% -14.51%
5.95
0.7
3.01% 154.43%
2.5B
3.7B
8.44% 1.87%
5.43
0.67
-10.81% 7.37%
2.4B
7.6B
8.21% 29.47%
2.94
0.31
-11.94% -27.43%
2.2B
298.6M
-27.74% -14.00%
46.77
7.21
53.72% 302.27%
2.0B
853.5M
21.62% -54.64%
-56.18
2.55
31.86% -32.63%
SMALL-CAP
1.6B
1.4B
-3.70% 2.77%
27.25
1.18
1.22% -62.42%
935.9M
795.3M
1.84% -4.37%
-12.94
1.19
4.68% 58.15%

Financials for Principal Financial Group

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue6.8%18,46117,28414,16414,26313,937
Net Income24.0%5,2934,2671,5701,7111,711
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-3.6%282,581293,220291,539304,657298,908
    Cash Equivalents33.6%4,2403,1732,7412,3323,145
  Goodwill-2.5%1,5481,5891,6611,6281,648
Liabilities-3.2%272,837281,873279,279288,199282,436
.    Short Term Borrowings-0.6%67672798074
  Long Term Debt-7.0%3,9814,2814,2804,2804,280
Shareholder's Equity-14.4%9,44611,03711,89816,06916,071
  Retained Earnings7.7%17,21115,98613,09112,88512,584
  Additional Paid-In Capital0.8%10,63810,55410,40210,49510,437
Shares Outstanding-2.0%245250252262266
Minority Interest0.7%4242555659
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations6.8%3,1222,9243,1103,2192,735
  Share Based Compensation-96
Cashflow From Investing52.2%-2,300.80-4,813.20-4,512.10-5,658.10-4,253.20
Cashflow From Financing-89.7%2742,6452,1401,9221,107
  Dividend Payments-1.6%655665669654639
  Buy Backs17.0%1,7631,5071,576937660

Risks

What is the probability of a big loss on PFG?

52.3%


Probability that Principal Financial Group stock will be more than 20% underwater in next one year

27.3%


Probability that Principal Financial Group stock will be more than 30% underwater in next one year.

20.8%


Probability that Principal Financial Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PFG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Principal Financial Group was unfortunately bought at previous high price.

Returns

Cumulative Returns on PFG

16.6%


10-Year Cumulative Returns

13.4%


7-Year Cumulative Returns

9.5%


5-Year Cumulative Returns

25.1%


3-Year Cumulative Returns

What are the long-term rolling returns for PFG?

FIve years rolling returns for Principal Financial Group.

Which funds bought or sold PFG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
680,000
680,000
0.70%
2022-11-23
Toroso Investments, LLC
ADDED
6.82
172,000
1,288,000
0.05%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
718
9,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,595,000
1,595,000
0.02%
2022-11-22
CVA Family Office, LLC
ADDED
13.33
9,000
49,000
0.01%
2022-11-22
Gibson Wealth Advisors LLC
UNCHANGED
-
1,000
13,000
0.01%
2022-11-21
Sunbelt Securities, Inc.
REDUCED
-4.58
18,000
602,000
0.13%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-4.06
1,084,000
30,827,000
0.05%
2022-11-21
Bray Capital Advisors
UNCHANGED
-
-
7,000
-%
2022-11-18
National Pension Service
REDUCED
-6.33
50,000
30,458,000
0.06%

1–10 of 44

Latest Funds Activity

Are funds buying PFG calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own PFG

Principal Financial Group News

Simply Wall St

Should You Buy CNO Financial Group, Inc. (NYSE:CNO) For Its Upcoming Dividend?.38 hours ago

PFG Fair Value

Recent SEC filings of Principal Financial Group

View All Filings
Date Filed Form Type Document
Nov 09, 2022
13F-HR
Fund Holdings Report
Nov 02, 2022
10-Q
Quarterly Report
Nov 01, 2022
4
Insider Trading
Oct 27, 2022
8-K
Current Report
Oct 24, 2022
8-K
Current Report
Oct 21, 2022
4/A
Insider Trading
Oct 21, 2022
4
Insider Trading
Oct 20, 2022
4
Insider Trading
Oct 18, 2022
8-K
Current Report
Oct 06, 2022
4
Insider Trading

Latest Insider Trading transactions for PFG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-10-28
STRABLE-SOETHOUT DEANNA D
ACQUIRED
475,279
44.88
10,590
EVP & Chief Financial Officer
2022-10-28
STRABLE-SOETHOUT DEANNA D
GIVEN BACK TO IS
-903,115
85.28
-10,590
EVP & Chief Financial Officer
2022-10-19
HELTON SANDRA L
SOLD
-80,020
80.02
-1,000
-
2022-10-18
HELTON SANDRA L
SOLD
-1,123,340
80.05
-14,033
-
2022-09-19
Halter Patrick Gregory
ACQUIRED
3,188,480
51.73
61,637
President - PGAM
2022-09-19
Halter Patrick Gregory
GIVEN BACK TO IS
-4,751,200
77.0835
-61,637
President - PGAM
2022-09-13
Cheong Wee Yee
SOLD
-191,967
78.45
-2,447
EVP, Principal Asia
2022-08-22
Walker Roberto
SOLD
-692,550
76.95
-9,000
EVP, Principal Latin American
2022-08-19
Walker Roberto
SOLD
-1,012,570
78.04
-12,975
EVP, Principal Latin American

1–10 of 50

Daniel J. Houston
18600
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.

PFG Income Statement

2022-09-30
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues    
Premiums and other considerations$ 1,486.5$ 1,230.5$ 3,740.1$ 3,335.3
Fees and other revenues1,015.71,251.83,178.33,711.0
Net investment income (loss)908.21,093.42,842.83,167.0
Net realized capital gains (losses)[1](55.7)(152.0)(394.1)(41.7)
Net realized capital gains (losses) on funds withheld assets8.5 697.5 
Change in fair value of funds withheld embedded derivative1,237.7 4,305.0 
Total revenues4,600.93,423.714,369.610,171.6
Expenses    
Benefits, claims and settlement expenses1,734.81,770.94,473.34,958.4
Dividends to policyholders24.528.272.175.3
Operating expenses1,111.51,196.53,769.03,663.3
Total expenses2,870.82,995.68,314.48,697.0
Income (loss) before income taxes1,730.1428.16,055.21,474.6
Income taxes (benefits)348.763.81,218.5222.4
Net income (loss)1,381.4364.34,836.71,252.2
Net income (loss) attributable to noncontrolling interest(4.1)4.415.613.4
Net income (loss) attributable to Principal Financial Group, Inc.$ 1,385.5$ 359.9$ 4,821.1$ 1,238.8
Earnings per common share    
Basic earnings per common share (in dollars per share)$ 5.59$ 1.34$ 19.03$ 4.58
Diluted earnings per common share (in dollars per share)$ 5.50$ 1.32$ 18.74$ 4.51
[1]Includes realized and unrealized gains (losses). See Note 3, Investments, for further details.

PFG Balance Sheet

2022-09-30
Condensed Consolidated Statements of Financial Position - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets  
Fixed maturities, available-for-sale$ 62,409.1$ 78,154.5
Fixed maturities, trading702.7422.2
Equity securities (2022 and 2021 include $685.9 million and $783.7 million related to consolidated variable interest entities)1,616.22,347.2
Mortgage loans (2022 and 2021 include $1,494.7 million and $1,260.1 million related to consolidated variable interest entities)20,602.619,668.7
Real estate (2022 and 2021 include $608.8 million and $672.0 million related to consolidated variable interest entities)2,136.82,075.4
Policy loans766.2759.6
Other investments (2022 and 2021 include $365.4 million and $522.8 million related to consolidated variable interest entities)5,609.85,478.3
Total investments93,843.4108,905.9
Cash and cash equivalents (2022 and 2021 include $33.4 million and $49.6 million related to consolidated variable interest entities)4,239.62,332.0
Accrued investment income762.0695.8
Reinsurance recoverable and deposit receivable22,893.01,186.5
Premiums due and other receivables4,336.6655.9
Deferred acquisition costs4,834.03,757.5
Property and equipment1,006.11,038.0
Goodwill1,548.31,627.6
Other intangibles1,524.61,600.6
Separate account assets (2022 and 2021 include $29,357.8 million and $33,957.7 million related to consolidated variable interest entities)146,571.4182,345.4
Other assets1,021.6512.0
Total assets282,580.6304,657.2
Liabilities  
Contractholder funds (2022 and 2021 include $332.9 million and $344.0 million related to consolidated variable interest entities)43,618.543,598.0
Future policy benefits and claims43,577.043,948.1
Other policyholder funds1,007.41,071.0
Short-term debt66.579.8
Long-term debt3,981.04,280.2
Income taxes currently payable18.515.5
Deferred income taxes1,079.32,320.2
Separate account liabilities (2022 and 2021 include $29,357.8 million and $33,957.7 million related to consolidated variable interest entities)146,571.4182,345.4
Funds withheld payable20,669.7 
Other liabilities (2022 and 2021 include $99.1 million and $58.7 million related to consolidated variable interest entities)12,247.910,540.7
Total liabilities272,837.2288,198.9
Redeemable noncontrolling interest (2022 and 2021 include $228.2 million and $304.0 million related to consolidated variable interest entities)255.1332.5
Stockholders' equity  
Common stock, par value $0.01 per share; 2,500.0 million shares authorized; 488.2 million and 484.9 million shares issued as of 2022 and 2021; 244.9 million and 261.7 million shares outstanding as of 2022 and 20214.94.8
Additional paid-in capital10,637.510,495.0
Retained earnings17,210.912,884.5
Accumulated other comprehensive income (loss)(8,070.6)1,610.9
Treasury stock, at cost (243.3 million and 223.2 million shares as of 2022 and 2021)(10,336.5)(8,925.8)
Total stockholders' equity attributable to Principal Financial Group, Inc.9,446.216,069.4
Noncontrolling interest42.156.4
Total stockholders' equity9,488.316,125.8
Total liabilities and stockholders' equity$ 282,580.6$ 304,657.2