Principal Financial Group, Inc. (PFG) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Assets | 332.7B | 341.38B | 334.49B | 323.1B | 313B | 313.66B | 322.86B | 308.78B | 308.68B | 305.05B | 287.95B | 299.19B | 299.41B | 303B | 282.58B | 293.22B | 291.54B | 304.66B | 298.91B | 302.17B |
| Asset Growth % | 6.29% | 8.84% | 3.6% | 4.64% | 1.4% | 2.82% | 12.12% | 3.21% | 3.1% | 0.67% | 1.9% | 2.03% | 2.7% | -0.54% | -5.46% | -2.96% | -1.39% | -2.81% | 7.33% | 11.37% |
| Total Investment Assets | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Long-Term Investments | 76.52B | 81.84B | 296.86B | 73.38B | 73.46B | 34.1B | 77.26B | 68.07B | 68.06B | 67.99B | 64.06B | 66.78B | 67.92B | 65.36B | 64.73B | 69.3B | 74.09B | 80.92B | 79.4B | 79.4B |
| Short-Term Investments | 27.61B | 29.06B | 26.86B | 27.28B | 26.34B | 69.27B | 25.39B | 23.87B | 23.36B | 65.67B | 61.58B | 64.24B | 65.4B | 62.89B | 62.41B | 67.21B | 71.41B | 78.15B | 76.56B | 76.45B |
| Total Current Assets | 4.05B | 57.26B | 5.14B | 7.45B | 3.88B | 97.58B | 56.19B | 0 | 0 | 0 | 0 | 0 | 0 | 10.92B | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash & Equivalents | 4.05B | 4.43B | 5.14B | 3.66B | 3.88B | 4.21B | 6.17B | 4.82B | 4.17B | 4.71B | 4.56B | 4.07B | 4.64B | 4.85B | 4.24B | 3.17B | 2.74B | 2.33B | 3.15B | 2.42B |
| Receivables | 3.64B | 23.77B | 23.03B | 3.79B | 23.12B | 24.09B | 24.63B | 23.72B | 24.02B | 24.61B | 24.12B | 24.15B | 24.72B | 25.38B | 27.23B | 28.29B | 2.37B | 1.84B | 1.71B | 1.68B |
| Other Current Assets | -31.25B | 0 | -23.03B | -27.28B | -23.12B | 0 | 0 | -52.41B | -51.54B | -94.99B | -90.26B | -92.47B | -94.76B | 12.45B | -93.88B | -98.66B | -76.53B | -82.33B | -81.42B | -80.54B |
| Goodwill & Intangibles | 2.86B | 6.94B | 2.85B | 2.87B | 2.86B | 6.95B | 7.01B | 2.99B | 3B | 3.08B | 3.07B | 3.16B | 3.17B | 3.13B | 3.07B | 3.13B | 3.26B | 3.23B | 3.28B | 3.38B |
| Goodwill | 1.59B | 1.6B | 1.58B | 1.58B | 1.57B | 1.55B | 1.6B | 1.57B | 1.57B | 1.61B | 1.59B | 1.64B | 1.64B | 1.6B | 1.55B | 1.59B | 1.66B | 1.63B | 1.65B | 1.7B |
| Intangible Assets | 1.27B | 5.34B | 1.27B | 1.28B | 1.29B | 5.4B | 5.42B | 1.42B | 1.44B | 1.47B | 1.48B | 1.52B | 1.54B | 1.53B | 1.52B | 1.55B | 1.6B | 1.6B | 1.63B | 1.68B |
| PP&E (Net) | 714.9M | 701.4M | 716.2M | 724.7M | 742.7M | 769.4M | 798.2M | 805.9M | 913.5M | 938.4M | 958.1M | 957.7M | 986.2M | 996.1M | 1.01B | 993.3M | 1.02B | 1.04B | 1.07B | 1.03B |
| Other Assets | -76.52B | 194.64B | -296.86B | 238.68B | -73.46B | 174.27B | 181.6B | -71.86B | -71.98B | -72B | -68.1B | -70.89B | -72.08B | -66.57B | -68.81B | -73.42B | -78.37B | -85.19B | -83.74B | -83.81B |
| Total Liabilities | 320.31B | 328.99B | 322.36B | 311.25B | 301.41B | 302.19B | 311.26B | 297.44B | 297.08B | 293.84B | 276.97B | 288.53B | 288.87B | 292.7B | 272.84B | 281.87B | 279.28B | 288.2B | 282.44B | 285.54B |
| Total Debt | 3.95B | 3.95B | 3.94B | 3.95B | 4.35B | 4.11B | 3.97B | 3.98B | 3.98B | 3.99B | 3.95B | 4.02B | 4.71B | 4.08B | 4.05B | 4.35B | 4.56B | 4.36B | 4.35B | 4.36B |
| Net Debt | -108.1M | -477M | -1.2B | 288.1M | 474.5M | -103.9M | -2.2B | -834.5M | -186.2M | -715.7M | -610.3M | -54.7M | 71.9M | -770.3M | -192.1M | 1.17B | 1.82B | 2.03B | 1.21B | 1.94B |
| Long-Term Debt | 3.93B | 3.93B | 3.92B | 3.92B | 4.32B | 3.96B | 3.93B | 3.93B | 3.93B | 3.93B | 3.93B | 3.99B | 4.69B | 4B | 3.98B | 4.28B | 4.28B | 4.28B | 4.28B | 4.28B |
| Short-Term Debt | 18.2M | 27.7M | 13M | 24.1M | 28.9M | 152.7M | 37.3M | 49.9M | 50.7M | 61.1M | 23.8M | 26.3M | 24.2M | 80.7M | 66.5M | 66.9M | 279.4M | 79.8M | 74.3M | 82.7M |
| Total Current Liabilities | 17.52B | 1.88B | 18.15B | 24.1M | 18.25B | 1.86B | 1.81B | 0 | 0 | 0 | 0 | 0 | 0 | 20.54B | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20.44B | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 46M | 1.86B | 0 | -18.03B | 0 | 1.71B | 1.77B | -18.61B | -19.12B | -19.7B | -18.59B | -19.96B | -20.57B | -20.84B | -20.75B | -22.62B | -314.1M | -95.3M | -82.5M | -89.6M |
| Deferred Taxes | 1.86B | 1.86B | 1.79B | 1.77B | 1.79B | 1.71B | 1.77B | 1.74B | 1.73B | 1.61B | 1.48B | 1.41B | 1.42B | 1.21B | 1.08B | 1.42B | 1.37B | 2.32B | 2.35B | 2.32B |
| Other Liabilities | 297B | 321.32B | 297.2B | 304.65B | 277.05B | 294.67B | 303.75B | -5.67B | -5.66B | -5.54B | -5.41B | -5.4B | -6.11B | 257.4B | -5.06B | -5.7B | -5.65B | -6.6B | -6.63B | -6.6B |
| Total Equity | 12.36B | 12.39B | 12.13B | 11.86B | 11.54B | 11.47B | 11.59B | 11.34B | 11.6B | 11.21B | 10.98B | 10.66B | 10.53B | 10.3B | 9.74B | 11.35B | 12.26B | 16.46B | 16.47B | 16.62B |
| Equity Growth % | 7.07% | 8.04% | 4.61% | 4.61% | -0.5% | 2.31% | 5.56% | 6.38% | 10.14% | 8.79% | 12.72% | -6.09% | -14.08% | -37.39% | -40.85% | -31.73% | -22.04% | -2.46% | 2.96% | 6.66% |
| Shareholders Equity | 11.82B | 11.88B | 11.67B | 11.42B | 11.22B | 11.09B | 11.24B | 11.01B | 11.19B | 10.92B | 10.67B | 10.34B | 10.22B | 10B | 9.45B | 11.04B | 11.9B | 16.07B | 16.07B | 16.23B |
| Minority Interest | 544.1M | 507.4M | 462.5M | 443.2M | 326.7M | 382.6M | 355.8M | 323M | 415.7M | 294.6M | 310.8M | 311.7M | 315.6M | 303.1M | 297.2M | 310.3M | 361.9M | 388.9M | 401.8M | 389M |
| Retained Earnings | 18.32B | 18.07B | 17.73B | 17.69B | 17.46B | 17.58B | 16.85B | 17.24B | 17.05B | 16.68B | 17.72B | 16.63B | 16.4B | 17.04B | 17.21B | 15.99B | 13.09B | 12.88B | 12.58B | 12.39B |
| Common Stock | 5M | 5M | 5M | 5M | 5M | 4.9M | 4.9M | 4.9M | 4.9M | 4.9M | 4.9M | 4.9M | 4.9M | 4.9M | 4.9M | 4.9M | 4.9M | 4.8M | 4.8M | 4.8M |
| Accumulated OCI | -4.34B | -4.19B | -4.31B | -6.71B | -4.79B | -5.22B | -4.58B | -5.41B | -5.26B | -5.35B | -6.84B | -6.25B | -6.2B | -7.2B | -8.07B | -5.63B | -1.92B | 1.61B | 1.62B | 1.8B |
| Return on Equity (ROE) | 3.34% | 4.22% | 1.78% | 3.47% | 0.42% | 7.85% | -1.92% | 3.08% | 4.67% | -7.86% | 11.52% | 3.67% | -1.34% | -0.09% | 12.48% | 26.42% | 2.36% | 2.87% | 2.17% | 2.24% |
| Return on Assets (ROA) | 0.12% | 0.15% | 0.07% | 0.13% | 0.02% | 0.28% | -0.07% | 0.11% | 0.17% | -0.29% | 0.42% | 0.13% | -0.05% | -0% | 0.46% | 1.07% | 0.11% | 0.16% | 0.12% | 0.12% |
| Equity / Assets | 3.71% | 3.63% | 3.63% | 3.67% | 3.69% | 3.66% | 3.59% | 3.67% | 3.76% | 3.68% | 3.81% | 3.56% | 3.52% | 3.4% | 3.45% | 3.87% | 4.21% | 5.4% | 5.51% | 5.5% |
| Debt / Equity | 0.32x | 0.32x | 0.32x | 0.33x | 0.38x | 0.36x | 0.34x | 0.35x | 0.34x | 0.36x | 0.36x | 0.38x | 0.45x | 0.40x | 0.42x | 0.38x | 0.37x | 0.26x | 0.26x | 0.26x |
| Book Value per Share | 56.10 | 55.72 | 53.55 | 52.36 | 51.31 | 49.61 | 50.25 | 47.91 | 48.46 | 47.41 | 44.95 | 43.41 | 43.28 | 42.32 | 38.68 | 44.27 | 46.47 | 61.32 | 60.42 | 60.33 |
| Tangible BV per Share | 43.12 | 24.52 | 40.98 | 39.70 | 38.61 | 19.56 | 19.85 | 35.28 | 35.91 | 34.40 | 32.37 | 30.55 | 30.25 | 29.46 | 26.48 | 32.04 | 34.11 | 49.29 | 48.39 | 48.07 |