Principal Financial Group Inc

Finance
Accident &Health Insurance
www.principal.com

Earnings Score

Market Cap $19.35B
PE -94
Debt $3.97B
Cash $6.17B
EV $17.15B
FCF $NaN

Earnings

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Sales & Net Margins

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Earnings	-$206.10M
ROE	-2%
Equity	$11.28B
Growth Stability	24%
PE	-93.9
PEG	-19.43
PB	1.72
P/S	1.38
Price/Cash	0.32
Debt/Equity	0.35
Net Margins	6%
Earnings CAGR	4%
Sales Growth YoY	-35%
Sales Growth QoQ	-30%
Sales CAGR	3%
Equity CAGR	1%
Earnings Stability	0.05
Earnings Growth YoY	-118%
Earnings Growth QoQ	-162%
Earnings CAGR 5Y	5%

Sales CAGR 5Y	-1%
Equity CAGR 5Y	-9%
Earnings CAGR 3Y	-4%
Sales CAGR 3Y	-4%
Equity CAGR 3Y	-5%
Market Cap	$19.35B
Revenue	$14.07B
Dividend Yield	3%
Payout Ratio	-316%
Assets	$322.86B
Total Debt	$3.97B
Cash	$6.17B
Shares Outstanding	229.29M
EV	17.15B
Earnings Score	7%
Shares Growth 3y	-4%
Equity Growth QoQ	2%
Equity Growth YoY	5%

Assets & ROA

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Stockholders Equity & ROE

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Principal Financial Group Inc is a provider of retirement savings, investment, and insurance products, with approximately $806.6 billion in assets under management and nearly 20 million customers as of the recent quarter. It operates in four business segments that are Retirement and Income Solutions, Principal Global Investors, Principal International, and United States Insurance Solutions. The company receives maximum revenue in the form of premiums.

SEC Filings

Direct access to Principal Financial Group Inc (PFG) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Principal Financial Group Inc compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Principal Financial Group Inc compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 4%

Stability 5%

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Principal Financial Group Inc Discounted Cash Flow

Fully customizable DCF calculator online for Principal Financial Group Inc.

Years

Calculation mode

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
DCF		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Value	$0

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	11%	10%	11%	16%	11%	9%	9%	12%	28%	5%	6%
ROA	-	-	-	-	-	-	-	-	-	-	-
ROE	-	13%	13%	18%	13%	9%	8%	11%	48%	6%	-2%

Bad Net Margins (5.85%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	-	-	-	-	-	-	-	-	-	-
Debt over Equity	0.25	0.37	0.31	0.25	0.29	0.26	0.26	0.27	0.41	0.37	0.35
Growth Stability	-	-	-	100%	96%	81%	80%	100%	100%	24%	24%

Neutral Debt/FCF ratio (-)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Good Debt/Equity ratio (0.35)

The company is not overleveraged and has a good balance between equity and debt.

Bad Graham’s Stability (24%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	14%	4%	14%	1%	14%	-9%	-3%	23%	-22%	-1%
Earnings YoY growth	-	9%	9%	75%	-33%	-10%	0%	23%	181%	-87%	5%
Equity YoY growth	-	-8%	10%	26%	-11%	28%	13%	-3%	-38%	9%	-9%
FCF YoY growth	-	-	-	-	-	-	-	-	-	-	-