Principal Historical Income Statement

PFG Stock  USD 79.65  1.09  1.35%   
Historical analysis of Principal Financial income statement accounts such as Other Operating Expenses of 10.7 B, Operating Income of 1.5 B, Total Operating Expenses of 13.6 B or Income Before Tax of 701.9 M can show how well Principal Financial Group performed in making a profits. Evaluating Principal Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Principal Financial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Principal Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Principal Financial is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

About Principal Income Statement Analysis

Principal Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Principal Financial shareholders. The income statement also shows Principal investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Principal Financial Income Statement Chart

At this time, Principal Financial's Net Income Applicable To Common Shares is most likely to increase significantly in the upcoming years. The Principal Financial's current Extraordinary Items is estimated to increase to about 720.5 M, while Interest Expense is projected to decrease to roughly 1.8 M.

Total Revenue

Total revenue comprises all receipts Principal Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Principal Financial Group minus its cost of goods sold. It is profit before Principal Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Principal Financial. It is also known as Principal Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Principal Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Principal Financial Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Principal Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Principal Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
At this time, Principal Financial's Net Income Applicable To Common Shares is most likely to increase significantly in the upcoming years. The Principal Financial's current Extraordinary Items is estimated to increase to about 720.5 M, while Interest Expense is projected to decrease to roughly 1.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit14.3B17.5B13.7B12.3B
Total Revenue14.3B17.5B13.7B12.3B

Principal Financial income statement Correlations

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-0.53-0.5-0.51-0.55-0.16-0.07-0.110.370.02-0.16-0.12-0.16-0.080.08-0.45-0.070.18-0.18-0.35-0.12-0.380.18
0.12-0.51.00.90.660.560.57-0.88-0.160.59-0.40.660.110.410.830.12-0.030.370.440.490.65-0.03
0.13-0.511.00.90.660.550.56-0.88-0.150.58-0.40.660.110.410.830.12-0.040.370.440.490.66-0.04
0.11-0.550.90.90.260.180.18-0.89-0.240.19-0.390.29-0.210.420.850.1-0.120.430.370.110.53-0.12
0.07-0.160.660.660.260.930.94-0.410.070.97-0.210.980.60.190.380.10.150.060.330.890.520.15
0.03-0.070.560.550.180.931.0-0.28-0.160.96-0.110.970.630.040.250.190.50.170.130.860.270.5
0.11-0.110.570.560.180.941.0-0.27-0.170.98-0.050.970.67-0.010.260.190.490.160.140.870.30.49
0.080.37-0.88-0.88-0.89-0.41-0.28-0.270.05-0.280.57-0.40.24-0.59-0.75-0.010.19-0.43-0.44-0.19-0.530.19
-0.190.02-0.16-0.15-0.240.07-0.16-0.170.05-0.05-0.28-0.01-0.160.33-0.05-0.44-0.58-0.190.38-0.060.14-0.58
0.22-0.160.590.580.190.970.960.98-0.28-0.050.00.980.73-0.030.330.140.320.060.240.90.430.32
0.8-0.12-0.4-0.4-0.39-0.21-0.11-0.050.57-0.280.0-0.170.55-0.97-0.330.040.18-0.19-0.22-0.02-0.230.18
0.08-0.160.660.660.290.980.970.97-0.4-0.010.98-0.170.570.130.380.110.30.170.310.830.40.3
0.58-0.080.110.11-0.210.60.630.670.24-0.160.730.550.57-0.560.020.170.29-0.27-0.120.810.280.29
-0.750.080.410.410.420.190.04-0.01-0.590.33-0.03-0.970.13-0.560.39-0.09-0.330.130.290.00.32-0.33
0.21-0.450.830.830.850.380.250.26-0.75-0.050.33-0.330.380.020.390.14-0.180.050.50.320.78-0.18
0.12-0.070.120.120.10.10.190.19-0.01-0.440.140.040.110.17-0.090.140.26-0.40.180.190.210.26
-0.080.18-0.03-0.04-0.120.150.50.490.19-0.580.320.180.30.29-0.33-0.180.260.32-0.420.24-0.481.0
-0.19-0.180.370.370.430.060.170.16-0.43-0.190.06-0.190.17-0.270.130.05-0.40.32-0.24-0.14-0.40.32
0.17-0.350.440.440.370.330.130.14-0.440.380.24-0.220.31-0.120.290.50.18-0.42-0.240.040.59-0.42
0.19-0.120.490.490.110.890.860.87-0.19-0.060.9-0.020.830.810.00.320.190.24-0.140.040.520.24
0.31-0.380.650.660.530.520.270.3-0.530.140.43-0.230.40.280.320.780.21-0.48-0.40.590.52-0.48
-0.080.18-0.03-0.04-0.120.150.50.490.19-0.580.320.180.30.29-0.33-0.180.261.00.32-0.420.24-0.48
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Principal Financial Account Relationship Matchups

Principal Financial income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization226.8M251.9M275.3M295.9M272.7M231.1M
Total Revenue16.2B14.7B14.3B17.5B13.7B12.3B
Gross Profit16.2B14.7B14.3B17.5B13.7B12.3B
Other Operating Expenses14.5B13.0B12.2B11.4B12.9B10.7B
Operating Income1.6B1.7B2.0B6.0B767.9M1.5B
Ebit1.6B1.7B2.0B6.0B(348.7M)(331.3M)
Ebitda1.9B1.9B2.3B6.3B(76M)(72.2M)
Cost Of Revenue(7.8B)(8.2B)(9.9B)(8.3B)(7.5B)(7.1B)
Total Operating Expenses(14.6B)(13.1B)(12.2B)5.0B12.9B13.6B
Income Before Tax1.7B1.7B2.1B6.1B738.8M701.9M
Total Other Income Expense Net49.9M32.7M46.8M40.6M(29.1M)(27.6M)
Net Income Applicable To Common Shares1.4B1.4B1.7B4.8B5.5B5.8B
Net Income1.4B1.4B1.6B4.8B623.2M592.0M
Income Tax Expense249.2M265M326.2M1.2B68.7M65.3M
Selling General Administrative4.1B4.5B4.6B4.8B5.5B3.7B
Minority Interest(49.9M)314M46.8M40.6M(46.9M)(44.6M)
Net Income From Continuing Ops32.6B1.4B1.8B4.9B670.1M636.6M
Non Operating Income Net Other524.2M(75.4M)(52.8M)302.6M348.0M365.4M
Tax Provision249.2M265M326.2M1.2B68.7M65.3M
Reconciled Depreciation226.8M251.9M275.3M295.9M272.7M270.8M

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Additional Information and Resources on Investing in Principal Stock

When determining whether Principal Financial is a strong investment it is important to analyze Principal Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Principal Financial's future performance. For an informed investment choice regarding Principal Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Principal Financial. If investors know Principal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Principal Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
2.65
Earnings Share
5.35
Revenue Per Share
62.226
Quarterly Revenue Growth
0.438
The market value of Principal Financial is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal Financial's value that differs from its market value or its book value, called intrinsic value, which is Principal Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Principal Financial's market value can be influenced by many factors that don't directly affect Principal Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Principal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.