Last 7 days
-0.9%
Last 30 days
-18.1%
Last 90 days
-16.0%
Trailing 12 Months
2.4%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PGR | 80.0B | 49.6B | -4.01% | 20.05% | 110.87 | 1.61 | 4.00% | -78.47% |
MET | 42.5B | 69.9B | -23.15% | -19.59% | 16.75 | 0.61 | -1.66% | -61.26% |
AFL | 39.5B | 19.5B | -7.88% | 0.39% | 9.4 | 2.03 | -11.78% | -2.87% |
TRV | 38.2B | 36.9B | -11.15% | -7.91% | 13.44 | 1.04 | 5.94% | -22.39% |
PFG | 17.5B | 17.5B | -18.11% | 2.44% | 3.64 | 1 | 22.64% | 181.28% |
MID-CAP | ||||||||
RGA | 10.0B | 16.3B | -13.65% | 21.37% | 37 | 0.61 | -2.40% | 0.97% |
UNM | 7.5B | 12.0B | -10.63% | 28.02% | 5.7 | 0.63 | -0.19% | 59.45% |
AIZ | 6.0B | 10.2B | -14.37% | -36.21% | 21.51 | 0.58 | 0.05% | -79.62% |
CNO | 2.4B | 3.6B | -13.48% | -13.02% | 6.14 | 0.68 | -13.23% | -10.02% |
GNW | 2.4B | 7.5B | -20.85% | 29.22% | 3.92 | 0.32 | -4.15% | -32.63% |
TRUP | 1.8B | 905.2M | -18.64% | -52.17% | -39.63 | 1.96 | 29.50% | -25.73% |
SMALL-CAP | ||||||||
HMN | 1.3B | 1.4B | -11.48% | -19.13% | -518.3 | 0.97 | 3.97% | -101.82% |
PLMR | 1.3B | 327.1M | -8.64% | -12.50% | 25.56 | 4.08 | 39.88% | 13.79% |
JRVR | 773.0M | 813.7M | -6.65% | -1.39% | 24.96 | 0.95 | 5.28% | 117.92% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | -5.2% | 17,492 | 18,461 | 17,284 | 14,164 | 14,263 |
Interest Expenses | 5.8% | 176 | 166 | - | - | - |
Net Income | -9.1% | 4,812 | 5,293 | 4,267 | 1,570 | 1,711 |
Net Income Margin | -4.1% | 0.28* | 0.29* | 0.54* | 0.11* | - |
Free Cahsflow | 0.5% | 3,173 | 3,157 | 2,924 | 3,110 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 3.4% | 292,240 | 282,581 | 293,220 | 291,539 | 304,657 |
Cash Equivalents | 14.4% | 4,848 | 4,240 | 3,173 | 2,741 | 2,332 |
Goodwill | 3.2% | 1,598 | 1,548 | 1,589 | 1,661 | 1,628 |
Liabilities | 3.3% | 281,935 | 272,837 | 281,873 | 279,279 | 288,199 |
. Short Term Borrowings | 21.4% | 81.00 | 67.00 | 67.00 | 279 | 80.00 |
Long Term Debt | 0.4% | 3,997 | 3,981 | 4,281 | 4,280 | 4,280 |
Shareholder's Equity | 5.9% | 10,002 | 9,446 | 11,079 | 11,953 | 16,069 |
Retained Earnings | -1.0% | 17,042 | 17,211 | 15,986 | 13,091 | 12,885 |
Additional Paid-In Capital | 1.0% | 10,740 | 10,638 | 10,554 | 10,402 | 10,495 |
Shares Outstanding | -0.6% | 244 | 245 | 250 | 252 | 262 |
Minority Interest | -2.4% | 41.00 | 42.00 | 42.00 | 55.00 | 56.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 0.5% | 3,173 | 3,157 | 2,960 | 3,145 | 3,254 |
Share Based Compensation | -5.0% | 91.00 | 96.00 | - | - | - |
Cashflow From Investing | 145.3% | 1,059 | -2,336 | -4,848 | -4,547 | -5,693 |
Cashflow From Financing | -727.2% | -1,715 | 274 | 2,645 | 2,140 | 1,922 |
Dividend Payments | -1.9% | 642 | 655 | 665 | 669 | 654 |
Buy Backs | -5.8% | 1,661 | 1,763 | 1,507 | 1,576 | 937 |
51.5%
27.3%
20.8%
Y-axis is the maximum loss one would have experienced if Principal Financial Group was unfortunately bought at previous high price.
11.5%
13.0%
8.2%
48.4%
FIve years rolling returns for Principal Financial Group.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -1.92 | 9,131,820 | 73,975,800 | 0.08% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -16.67 | -14,000 | 436,000 | -% |
2023-03-06 | NORTH STAR ASSET MANAGEMENT INC | reduced | -9.76 | 1,592,880 | 33,715,900 | 2.10% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | unchanged | - | 7,730 | 56,730 | 0.03% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 96,676 | 96,676 | -% |
2023-02-28 | Voya Investment Management LLC | added | 0.33 | 1,009,120 | 7,050,120 | 0.01% |
2023-02-27 | Benin Management CORP | unchanged | - | 61,384 | 436,384 | 0.18% |
2023-02-24 | SRS Capital Advisors, Inc. | added | 1.64 | 6,648 | 41,648 | 0.01% |
2023-02-24 | National Pension Service | reduced | -8.07 | 2,441,220 | 32,899,500 | 0.06% |
2023-02-24 | NATIXIS | added | 34.86 | 625,591 | 1,729,590 | 0.01% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 13, 2023 | capital research global investors | 3.5% | 8,498,045 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 11.56% | 28,280,358 | SC 13G/A | |
Feb 07, 2023 | managed account advisors llc | 5.2% | 12,763,055 | SC 13G | |
Feb 06, 2023 | state street corp | 4.87% | 11,927,414 | SC 13G | |
Jan 24, 2023 | blackrock inc. | 9.6% | 23,502,359 | SC 13G/A | |
Feb 11, 2022 | capital research global investors | 5.7% | 15,228,210 | SC 13G/A | |
Feb 10, 2022 | state street corp | 5.11% | 13,547,492 | SC 13G | |
Feb 03, 2022 | blackrock inc. | 8.5% | 22,496,639 | SC 13G/A | |
Feb 16, 2021 | capital research global investors | 5.8% | 15,934,119 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 10.61% | 29,143,233 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 35.90 -50.06% | 98.74 37.37% | 151.33 110.53% | 217.34 202.37% | 279.99 289.52% |
Current Inflation | 27.93 -61.14% | 82.21 14.37% | 126.16 75.51% | 181.52 152.53% | 233.96 225.49% |
Very High Inflation | 17.92 -75.07% | 62.19 -13.48% | 96.40 34.11% | 139.82 94.52% | 180.86 151.61% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 21, 2023 | 144 | Notice of Insider Sale Intent | |
Mar 16, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | 144 | Notice of Insider Sale Intent | |
Mar 08, 2023 | 424B5 | Prospectus Filed | |
Mar 08, 2023 | 8-K | Current Report | |
Mar 06, 2023 | 424B5 | Prospectus Filed | |
Mar 06, 2023 | FWP | Prospectus Filed | |
Mar 02, 2023 | 8-K | Current Report | |
Mar 01, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-14 | Halter Patrick Gregory | back to issuer | -86,983 | 75.05 | -1,159 | president and ceo - pam |
2023-03-14 | Halter Patrick Gregory | acquired | 59,955 | 51.73 | 1,159 | president and ceo - pam |
2023-02-27 | Walker Roberto | acquired | - | - | 5,018 | evp, principal latin american |
2023-02-27 | STRABLE-SOETHOUT DEANNA D | acquired | - | - | 2,723 | evp & chief financial officer |
2023-02-27 | Friedrich Amy Christine | acquired | - | - | 15,306 | president - usis |
2023-02-27 | Halter Patrick Gregory | acquired | - | - | 18,034 | president and ceo - pam |
2023-02-27 | Lamarque Natalie | acquired | - | - | 4,855 | evp, general counsel, and secr |
2023-02-27 | Houston Daniel Joseph | acquired | - | - | 74,187 | chairman, president & ceo |
2023-02-27 | McCullum Kenneth A. | acquired | - | - | 2,558 | svp & chief risk officer |
2023-02-27 | Kay Kathleen B | acquired | - | - | 3,897 | chief information officer |
Consolidated Statements of Operations - USD ($) $ in Millions | 12 Months Ended | ||||
---|---|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |||
Revenues | |||||
Premiums and other considerations | $ 5,339.7 | $ 4,841.5 | $ 6,037.4 | ||
Fees and other revenues | 4,177.7 | 5,012.6 | 4,511.1 | ||
Net investment income (loss) | 3,830.4 | 4,406.1 | 3,890.6 | ||
Net realized capital gains (losses) | [1] | (258.4) | 2.5 | 302.6 | |
Net realized capital gains (losses) on funds withheld assets | [1] | 749.4 | |||
Change in fair value of funds withheld embedded derivative | 3,652.8 | 0.0 | 0.0 | ||
Total revenues | 17,491.6 | 14,262.7 | 14,741.7 | ||
Expenses | |||||
Benefits, claims and settlement expenses | 6,370.8 | 7,097.0 | 8,281.5 | ||
Dividends to policyholders | 94.8 | 94.8 | 120.2 | ||
Operating expenses | 4,965.9 | 4,987.3 | 4,646.5 | ||
Total expenses | 11,431.5 | 12,179.1 | 13,048.2 | ||
Income (loss) before income taxes | 6,060.1 | 2,083.6 | 1,693.5 | ||
Income taxes (benefits) | 1,207.9 | 326.2 | 265.0 | ||
Net income (loss) | 4,852.2 | 1,757.4 | 1,428.5 | ||
Net income (loss) attributable to noncontrolling interest | 40.6 | 46.8 | 32.7 | ||
Net income (loss) attributable to Principal Financial Group, Inc. | $ 4,811.6 | $ 1,710.6 | $ 1,395.8 | ||
Earnings per common share | |||||
Basic earnings per common share (in dollars per share) | $ 19.16 | $ 6.36 | $ 5.08 | ||
Diluted earnings per common share (in dollars per share) | $ 18.85 | $ 6.27 | $ 5.05 | ||
|
Consolidated Statements of Financial Position - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Assets | ||
Fixed maturities, available-for-sale | $ 62,889.9 | $ 78,154.5 |
Fixed maturities, trading | 760.7 | 422.2 |
Equity securities (2022 and 2021 include $740.0 million and $783.7 million related to consolidated variable interest entities) | 1,708.6 | 2,347.2 |
Mortgage loans (2022 and 2021 include $1,179.7 million and $1,260.1 million related to consolidated variable interest entities) | 20,629.8 | 19,668.7 |
Real estate (2022 and 2021 include $649.0 million and $672.0 million related to consolidated variable interest entities) | 2,239.7 | 2,075.4 |
Policy loans | 784.7 | 759.6 |
Other investments (2022 and 2021 include $375.9 million and $522.8 million related to consolidated variable interest entities) | 6,075.9 | 5,478.3 |
Total investments | 95,089.3 | 108,905.9 |
Cash and cash equivalents (2022 and 2021 include $32.4 million and $49.6 million related to consolidated variable interest entities) | 4,848.0 | 2,332.0 |
Accrued investment income | 742.1 | 695.8 |
Reinsurance recoverable and deposit receivable | 22,029.6 | 1,186.5 |
Premiums due and other receivables | 4,283.3 | 655.9 |
Deferred acquisition costs | 4,686.9 | 3,757.5 |
Property and equipment | 996.1 | 1,038.0 |
Goodwill | 1,598.2 | 1,627.6 |
Other intangibles | 1,533.3 | 1,600.6 |
Separate account assets (2022 and 2021 include $34,193.8 million and $33,957.7 million related to consolidated variable interest entities) | 155,375.1 | 182,345.4 |
Other assets | 1,057.7 | 512.0 |
Total assets | 292,239.6 | 304,657.2 |
Liabilities | ||
Contractholder funds (2022 and 2021 include $334.0 million and $344.0 million related to consolidated variable interest entities) | 42,777.3 | 43,598.0 |
Future policy benefits and claims | 44,874.9 | 43,948.1 |
Other policyholder funds | 1,010.5 | 1,071.0 |
Short-term debt | 80.7 | 79.8 |
Long-term debt | 3,997.0 | 4,280.2 |
Income taxes currently payable | 19.2 | 15.5 |
Deferred income taxes | 1,206.8 | 2,320.2 |
Separate account liabilities (2022 and 2021 include $34,193.8 million and $33,957.7 million related to consolidated variable interest entities) | 155,375.1 | 182,345.4 |
Funds withheld payable | 20,436.1 | |
Other liabilities (2022 and 2021 include $86.8 million and $58.7 million related to consolidated variable interest entities) | 12,157.2 | 10,540.7 |
Total liabilities | 281,934.8 | 288,198.9 |
Redeemable noncontrolling interest (2022 and 2021 include $235.3 million and $304.0 million related to consolidated variable interest entities) | 262.0 | 332.5 |
Stockholders' equity | ||
Common stock, par value $0.01 per share; 2,500.0 million shares authorized; 489.8 million and 484.9 million shares issued as of 2022 and 2021; 243.5 million and 261.7 million shares outstanding as of 2022 and 2021 | 4.9 | 4.8 |
Additional paid-in capital | 10,740.4 | 10,495.0 |
Retained earnings | 17,042.3 | 12,884.5 |
Accumulated other comprehensive income (loss) | (7,199.0) | 1,610.9 |
Treasury stock, at cost (246.3 million and 223.2 million shares as of 2022 and 2021) | (10,586.9) | (8,925.8) |
Total stockholders' equity attributable to Principal Financial Group, Inc. | 10,001.7 | 16,069.4 |
Noncontrolling interest | 41.1 | 56.4 |
Total stockholders' equity | 10,042.8 | 16,125.8 |
Total liabilities and stockholders' equity | $ 292,239.6 | $ 304,657.2 |