For the year ending 2025-12-31, PFG made $15,625.5M in revenue. $1,185.1M in net income. Net profit margin of 7.58%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenues | 15,625.5 | 16,127.7 | 13,665.8 | 17,491.6 |
| Benefits, claims and settlement expenses | 8,564.5 | 8,072.6 | 7,788.2 | 6,370.8 |
| Liability for future policy benefits remeasurement (gain) loss | -56.4 | -671.4 | 51.6 | - |
| Market risk benefit remeasurement (gain) loss | -63.1 | -30.3 | -29.1 | - |
| Dividends to policyholders | 91.7 | 99.9 | 89.2 | 94.8 |
| Operating expenses | 5,433.8 | 5,363.9 | 5,072.1 | 4,965.9 |
| Total expenses | 14,209.5 | 14,238.1 | 12,927 | 11,431.5 |
| Income (loss) before income taxes | 1,416 | 1,889.6 | 738.8 | 6,060.1 |
| Segment Retirement And Income Solutions | - | - | 130.9 | - |
| Segment Principal Asset Management | - | - | 220.7 | - |
| Segment Benefits And Protection | - | - | 97.7 | - |
| Segment Corporate | - | - | -42.2 | - |
| Total segment income taxes from operating earnings-Operating Segments | - | - | 407.1 | - |
| Tax benefit related to net realized capital losses, as adjusted-Material Reconciling Items | - | - | -22 | - |
| Tax expense (benefit) related to other after-tax adjustments-Material Reconciling Items | - | - | -238.1 | - |
| Certain adjustments related to equity method investments and noncontrolling interest-Material Reconciling Items | - | - | -78.3 | - |
| Income taxes (benefits) | 160.5 | 291.7 | 68.7 | 1,207.9 |
| Net income (loss) | 1,255.5 | 1,597.9 | 670.1 | 4,852.2 |
| Net income (loss) attributable to noncontrolling interest | 70.4 | 26.9 | 46.9 | 40.6 |
| Net income (loss) attributable to principal financial group, inc | 1,185.1 | 1,571 | 623.2 | 4,811.6 |
| Earnings per share, basic | 5.32 | 6.77 | 2.58 | 19.16 |
| Earnings per share, diluted | 5.25 | 6.68 | 2.55 | 18.85 |
| Weighted average number of shares outstanding, basic | 222,800,000 | 232,000,000 | 241,300,000 | 251,100,000 |
| Weighted average number of shares outstanding, diluted | 225,700,000 | 235,300,000 | 244,600,000 | 255,300,000 |
PRINCIPAL FINANCIAL GROUP INC (PFG)
PRINCIPAL FINANCIAL GROUP INC (PFG)