Source: Principal Financial Group's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$12.39B
$14.09B
$14.24B
$16.22B
$14.74B
$14.43B
$17.54B
$13.67B
$16.13B
$15.63B
Income tax
$229.90M
-$72.30M
$230.70M
$249.20M
$265.00M
$283.90M
$1.19B
$68.70M
$291.70M
$160.50M
Net income
$1.32B
$2.31B
$1.55B
$1.39B
$1.40B
$1.58B
$4.76B
$623.20M
$1.57B
$1.19B
EPS (basic)
$4.55
$8.00
$5.41
$5.00
$5.08
$5.87
$18.94
$2.58
$6.77
$5.32
EPS (diluted)
$4.50
$7.88
$5.36
$4.96
$5.05
$5.79
$18.63
$2.55
$6.68
$5.25
Diluted shares
292.70M
293.10M
288.80M
281.00M
276.60M
272.90M
255.30M
244.60M
235.30M
225.70M
Net margin
10.6%
16.4%
10.9%
8.6%
9.5%
11.0%
27.1%
4.6%
9.7%
7.6%
Balance sheet
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$2.72B
$2.47B
$2.98B
$2.52B
$2.85B
$2.33B
$4.85B
$4.71B
$4.21B
$4.43B
Goodwill
$1.02B
$1.07B
$1.10B
$1.69B
$1.71B
$1.63B
$1.60B
$1.61B
$1.55B
$1.60B
Total assets
$228.01B
$253.94B
$243.04B
$276.09B
$296.63B
$304.66B
$290.87B
$305.05B
$313.66B
$341.38B
Short-term debt
$51.40M
$39.50M
$42.90M
$93.40M
$84.70M
$79.80M
$80.70M
$61.10M
$152.70M
$27.70M
Long-term debt
$3.13B
$3.18B
$3.26B
$3.73B
$4.28B
$4.28B
$4.00B
$3.93B
$3.96B
$3.93B
Total debt
$3.18B
$3.22B
$3.30B
$3.83B
$4.36B
$4.36B
$4.08B
$3.99B
$4.11B
$3.95B
Total liabilities
$217.62B
$240.92B
$231.19B
$261.14B
$279.75B
$288.20B
$280.59B
$293.84B
$302.19B
$328.99B
Shareholders' equity
$10.23B
$12.85B
$11.39B
$14.62B
$16.56B
$16.07B
$9.98B
$10.92B
$11.09B
$11.88B
Cash flow
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
$3.86B
$4.19B
$5.16B
$5.49B
$3.71B
$3.25B
$3.17B
$3.79B
$4.60B
$4.54B
Free cash flow
$3.86B
$4.19B
$5.16B
$5.49B
$3.71B
$3.25B
$3.17B
$3.79B
$4.60B
$4.54B
Investing cash flow
-$5.15B
-$4.05B
-$5.70B
-$7.69B
-$5.00B
-$5.69B
$1.06B
-$1.35B
-$5.40B
-$4.14B
Financing cash flow
$1.45B
-$384.00M
$1.05B
$1.73B
$1.62B
$1.92B
-$1.72B
-$2.59B
$300.30M
-$181.80M
Dividends paid
$464.90M
$540.00M
$598.60M
$606.00M
$614.50M
$654.10M
$642.30M
$625.50M
$658.40M
$684.00M
Share buybacks
$277.30M
$220.40M
$671.60M
$281.00M
$307.00M
$937.20M
$1.66B
$740.40M
$1.04B
$902.70M
Stock-based compensation
$84.40M
$82.70M
$77.40M
$82.60M
$87.20M
$96.10M
$91.30M
$99.40M
$108.70M
$109.90M
Depreciation & amortization
$133.50M
$139.80M
$151.00M
$166.80M
$186.60M
$208.00M
$230.00M
$202.90M
$256.20M
$251.40M
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$2.69B
$4.05B
$4.31B
$3.01B
$4.75B
$3.70B
$3.67B
$3.68B
$4.58B
$3.53B
$3.91B
$4.62B
Income tax
-$268.00M
$95.10M
$87.10M
-$100.40M
$209.90M
-$34.00M
$69.60M
$14.50M
$110.40M
$68.90M
$66.00M
$241.70M
Net income
-$871.70M
$532.50M
$353.10M
-$220.00M
$905.40M
$48.10M
$406.20M
$213.80M
$517.00M
$424.60M
$403.40M
$631.90M
EPS (basic)
$-3.59
$2.26
$1.51
$-0.95
$3.92
$0.21
$1.81
$0.96
$2.34
$1.96
$1.87
$2.95
EPS (diluted)
$-3.53
$2.22
$1.49
$-0.95
$3.87
$0.21
$1.79
$0.95
$2.30
$1.93
$1.84
$2.91
Diluted shares
-1.10M
239.40M
236.60M
230.70M
-1.30M
228.80M
226.50M
225.20M
-1.10M
220.30M
218.70M
216.90M
Net margin
-32.4%
13.1%
8.2%
-7.3%
19.1%
1.3%
11.1%
5.8%
11.3%
12.0%
10.3%
13.7%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$4.71B
$4.17B
$4.82B
$6.17B
$4.21B
$3.88B
$3.66B
$5.14B
$4.43B
$4.05B
$5.26B
$4.45B
Goodwill
$1.61B
$1.57B
$1.57B
$1.60B
$1.55B
$1.57B
$1.58B
$1.58B
$1.60B
$1.59B
$1.60B
$1.86B
Total assets
$305.05B
$308.68B
$308.78B
$322.86B
$313.66B
$313.00B
$323.10B
$334.49B
$341.38B
$332.70B
$352.75B
$338.74B
Short-term debt
$61.10M
$50.70M
$49.90M
$37.30M
$152.70M
$28.90M
$24.10M
$13.00M
$27.70M
$18.20M
$16.20M
$177.60M
Long-term debt
$3.93B
$3.93B
$3.93B
$3.93B
$3.96B
$4.32B
$3.92B
$3.92B
$3.93B
$3.93B
$4.32B
$4.33B
Total debt
$3.99B
$3.98B
$3.98B
$3.97B
$4.11B
$4.35B
$3.95B
$3.94B
$3.95B
$3.95B
$4.34B
$4.50B
Total liabilities
$293.84B
$297.08B
$297.44B
$311.26B
$302.19B
$301.41B
$311.25B
$322.36B
$328.99B
$320.31B
$339.86B
$326.47B
Shareholders' equity
$10.92B
$11.19B
$11.01B
$11.24B
$11.09B
$11.22B
$11.42B
$11.67B
$11.88B
$11.82B
$12.14B
$11.82B
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$944.00M
$584.20M
$1.43B
$1.13B
$1.46B
$977.30M
$811.90M
$1.00B
$1.74B
$187.10M
$2.08B
$1.53B
Free cash flow
$944.00M
$584.20M
$1.43B
$1.13B
$1.46B
$977.30M
$811.90M
$1.00B
$1.74B
$187.10M
$2.08B
$1.53B
Investing cash flow
-$215.00M
-$1.34B
-$287.80M
$2.40M
-$3.77B
-$952.70M
-$249.70M
$167.80M
-$3.10B
-$959.80M
-$1.42B
-$2.42B
Financing cash flow
-$585.60M
$219.70M
-$495.70M
$227.50M
$348.80M
-$360.80M
-$778.90M
$306.50M
$651.40M
$395.70M
$549.30M
$87.80M
Dividends paid
$159.00M
$162.40M
$165.20M
$165.10M
$165.70M
$169.00M
$169.70M
$172.90M
$172.40M
$173.50M
$176.50M
$178.80M
Share buybacks
$250.70M
$234.20M
$250.30M
$251.80M
$306.10M
$240.30M
$159.30M
$227.70M
$275.40M
$235.00M
$257.70M
$251.00M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.