The full income statement, balance sheet, and cash-flow statement for Principal Financial Group Inc (PFG), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 15.6B-3.1% | 16.1B+18.0% | 13.7B-22.1% | 17.5B+21.5% | 14.4B-2.1% | |
| Amortization of intangibles | 72.9M+10.3% | 66.1M-3.6% | 68.6M-3.0% | 70.7M-6.1% | 75.3M+2.4% | |
| Provision for credit losses | — | — | — | — | -6.60M-138.2% | |
| Gain (loss) on equity securities | 119M-7.1% | 128M+100.6% | 64.0M+137.2% | -172M-271.9% | 100M+41.8% | |
| Income tax | 161M-45.0% | 292M+324.6% | 68.7M-94.2% | 1.19B+319.0% | 284M+7.1% | |
| 1.19B-24.6% | 1.57B+152.1% | 623M-86.9% | 4.76B+201.0% | 1.58B+13.2% | ||
| Net income to non-controlling interest | 70.4M+161.7% | 26.9M-42.6% | 46.9M+15.5% | 40.6M-13.2% | 46.8M+43.1% | |
| Net income to common | 1.19B-24.6% | 1.57B+152.1% | 623M-86.9% | 4.76B+201.0% | 1.58B+13.2% | |
| $5.25-21.4% | $6.68+162.0% | $2.55-86.3% | $18.63+221.8% | $5.79+14.7% | ||
| EPS (basic) | $5.32-21.4% | $6.77+162.4% | $2.58-86.4% | $18.94+222.7% | $5.87+15.6% | |
| Weighted-avg shares (basic) | 223M-4.0% | 232M-3.9% | 241M-3.9% | 251M-6.7% | 269M-2.1% | |
| Weighted-avg shares (diluted) | 226M-4.1% | 235M-3.8% | 245M-4.2% | 255M-6.4% | 273M-1.3% | |
| Dividends per share | $3.08+8.1% | $2.85+9.6% | $2.60+1.6% | $2.56+2.2% | $2.50+11.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 4.43B+5.2% | 4.21B-10.5% | 4.71B-2.9% | 4.85B+107.9% | 2.33B-18.2% | |
| 341B+8.8% | 314B+2.8% | 305B+4.9% | 291B-4.5% | 305B+2.7% | ||
| Operating lease right-of-use | 126M-16.9% | 151M-14.3% | 177M-9.2% | 195M-7.5% | 211M-10.4% | |
| Goodwill | 1.60B+3.3% | 1.55B-3.7% | 1.61B+0.6% | 1.60B-1.8% | 1.63B-4.9% | |
| Intangible assets | 1.27B-8.8% | 1.39B-5.4% | 1.47B-4.1% | 1.53B-4.2% | 1.60B-7.1% | |
| Deferred tax assets | 220M+6.1% | 207M-14.1% | 241M-21.4% | 307M+261.1% | 85.0M-25.3% | |
| Short-term & current debt | 27.7M-81.9% | 153M+149.9% | 61.1M-24.3% | 80.7M+1.1% | 79.8M-5.8% | |
| 329B+8.9% | 302B+2.8% | 294B+4.7% | 281B-2.6% | 288B+3.0% | ||
| Long-term debt | 3.93B-0.7% | 3.96B+0.6% | 3.93B-1.7% | 4.00B-6.6% | 4.28B+0.0% | |
| Operating lease liability (total) | 124M-17.7% | 151M-14.2% | 176M-10.6% | 197M-6.4% | 210M-9.3% | |
| Finance lease liability (total) | 42.6M-38.3% | 69.0M-7.8% | 74.8M-9.9% | 83.0M-12.4% | 94.8M+89.2% | |
| Deferred tax liabilities | 1.86B+8.8% | 1.71B+5.7% | 1.61B+21.8% | 1.32B-42.9% | 2.32B-0.5% | |
| 11.9B+7.2% | 11.1B+1.6% | 10.9B+9.4% | 9.98B-37.9% | 16.1B-3.0% | ||
| Common stock | 5.00M+2.0% | 4.90M+0.0% | 4.90M+0.0% | 4.90M+2.1% | 4.80M+0.0% | |
| Additional paid-in capital | 11.3B+1.6% | 11.1B+1.8% | 10.9B+1.6% | 10.7B+2.3% | 10.5B+1.7% | |
| Retained earnings | 18.1B+2.8% | 17.6B+5.4% | 16.7B-0.1% | 16.7B+29.6% | 12.9B+8.8% | |
| Treasury stock | 13.3B+7.3% | 12.4B+9.2% | 11.3B+7.1% | 10.6B+18.6% | 8.93B+11.7% | |
| Accumulated other comprehensive income | -4.19B+19.8% | -5.22B+2.3% | -5.35B+22.3% | -6.88B-527.0% | 1.61B-32.4% | |
| Non-controlling interest | 33.1M-26.3% | 44.9M-1.8% | 45.7M+11.2% | 41.1M-27.1% | 56.4M-3.4% | |
| Total equity incl. non-controlling | 11.9B+7.1% | 11.1B+1.5% | 11.0B+9.4% | 10.0B-37.9% | 16.1B-3.0% | |
| Total liabilities & equity | 341B+8.8% | 314B+2.8% | 305B+4.9% | 291B-4.5% | 305B+2.7% | |
| Common shares issued | 497M+0.4% | 495M+0.5% | 492M+0.5% | 490M+1.0% | 485M+0.6% | |
| Common shares outstanding | 217M-3.9% | 226M-4.3% | 236M-2.9% | 244M-6.9% | 262M-4.2% | |
| Shares outstanding (cover) | 217M-3.9% | 226M-4.4% | 236M-3.0% | 243M-6.9% | 261M-4.2% | |
| Treasury shares | 280M+4.1% | 269M+5.0% | 256M+3.9% | 246M+10.3% | 223M+7.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.54B-1.4% | 4.60B+21.4% | 3.79B+19.5% | 3.17B-2.5% | 3.25B-12.3% | ||
| Depreciation & amortization | 251M-1.9% | 256M-6.1% | 273M-7.8% | 296M+7.5% | 275M+9.3% | |
| Intangible amortization | 72.9M+10.3% | 66.1M-3.6% | 68.6M-3.0% | 70.7M-6.1% | 75.3M+2.4% | |
| Share-based compensation | 110M+1.1% | 109M+9.4% | 99.4M+8.9% | 91.3M-5.0% | 96.1M+10.2% | |
| Deferred income taxes | -102M-1490.4% | 7.30M+112.8% | -57.2M-104.8% | 1.18B+906.4% | 117M-38.9% | |
| Other operating activities | 11.8M+105.7% | -207M-41.4% | -147M-16.4% | -126M-717.5% | -15.4M-113.6% | |
| -4.14B+23.4% | -5.40B-300.8% | -1.35B-227.2% | 1.06B+118.6% | -5.69B-14.0% | ||
| Capital expenditure | 98.0M+42.4% | 68.8M-32.5% | 102M-12.3% | 116M-10.5% | 130M+19.4% | |
| Free cash flow | 4.44B-2.1% | 4.53B+22.9% | 3.69B+20.7% | 3.06B-2.2% | 3.12B-13.2% | |
| Acquisitions | — | 27.1M | — | — | — | |
| Other investing activities | 672M-3.0% | 693M-24.6% | 919M+1247.9% | 68.2M-52.2% | 143M+284.4% | |
| -182M-160.5% | 300M+111.6% | -2.59B-50.7% | -1.72B-189.3% | 1.92B+18.5% | ||
| Long-term debt issued | — | 21.8M-96.8% | 692M+4390.3% | 15.4M | — | |
| Long-term debt repaid | 400M+400000.0% | 100K-100.0% | 764M+153.0% | 302M+16677.8% | 1.80M-97.3% | |
| Net short-term debt | -9.00M-109.2% | 97.9M+629.2% | -18.5M-2155.6% | 900K-91.2% | 10.2M+181.0% | |
| Common stock issued | 43.7M-35.5% | 67.7M+17.1% | 57.8M-68.2% | 182M+109.6% | 86.7M+102.6% | |
| Common stock repurchased | 903M-13.4% | 1.04B+40.8% | 740M-56.3% | 1.70B+80.9% | 937M+205.3% | |
| Dividends paid | 684M+3.9% | 658M+5.3% | 626M-2.6% | 642M-1.8% | 654M+6.4% | |
| Other financing activities | -1.30M-425.0% | 400K+33.3% | 300K | — | 100K-50.0% | |
| Net change in cash | 219M+144.2% | -496M-253.4% | -140M-105.6% | 2.52B+585.9% | -518M-255.1% | |
| Interest paid | 173M+1.4% | 170M-0.2% | 171M-2.9% | 176M+5.8% | 166M+2.0% | |
| Income taxes paid | 221M+87.5% | 118M+72.8% | 68.1M-52.1% | 142M+29.3% | 110M+163.9% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 19.2B+9.5% | 17.5B-6.6% | 18.8B-8.7% | 20.5B+8.5% | 18.9B+39.6% | |
| P/E | 16.2×+45.2% | 11.1×-12.1% | 12.7×+224.0% | 3.9×-67.3% | 12.0×+23.3% | |
| P/S | 1.2×+13.0% | 1.1×-18.2% | 1.3× | — | 1.3×+42.6% | |
| P/B | 1.6×+2.1% | 1.6×-10.1% | 1.8×-19.1% | 2.2×+84.5% | 1.2×+43.9% | |
| P/FCF | 4.3×+11.9% | 3.9×-19.5% | 4.8×-29.5% | 6.8×+12.4% | 6.1×+60.9% | |
| Earnings yield | 6.2%-31.1% | 9.0%+13.8% | 7.9%-69.1% | 25.5%+206.0% | 8.3%-18.9% | |
| FCF yield | 23.1%-10.6% | 25.9%+24.3% | 20.8%+41.9% | 14.7%-11.1% | 16.5%-37.8% | |
| Dividend yield | 3.5%-5.2% | 3.7%+11.4% | 3.3%+8.3% | 3.1%-11.9% | 3.5%-23.8% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
Source: PFG’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PFG filings on SEC EDGAR → Not investment advice.
