Business description: Principal Financial Group, Inc.

Principal Financial Group, Inc. is one of the leading American financial services groups. Income breaks down by activity as follows:

- asset management (67.1%);

- pension fund management (21.9%);

- life and non life insurance (3.6%);

- other (7.4%).

At the end of 2024, the group had USD 712.1 billion in assets under management.

Number of employees: 19,700

Sales by Activity: Principal Financial Group, Inc.

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

Retirement and Income Solutions

- - - 7.25B 7.98B

Benefits and Protection - Life Insurance

1.96B 2.06B 1.33B 1.32B -

Retirement and Income Solutions - Spread

5.35B 4.19B 3.72B - -

Retirement and Income Solutions - Fee

2.15B 2.32B 2.25B - -

Principal Asset Management - International Pension

1.1B 1.35B 1.48B 1.19B -

Benefits and Protection

- - - - 4.79B

Benefits and Protection - Specialty Benefits

2.53B 2.71B 2.98B 3.23B -

Principal Asset Management

- - - - 2.79B

Principal Asset Management - Investment Management

1.54B 1.83B 1.72B 1.61B -

Unallocated Revenues from Exited Business

- - 4.45B -928M 513M

Unallocated Net Realized Capital Gains (Losses), Net of Related Revenue Adjustments

- - - 57.9M 103M

Corporate

-39.7M 1.8M -6.5M 76.4M 76.8M

Unallocated Derivative and Hedging-Related Revenue Adjustments

- - -126M - -

Unallocated Adjustments Related to Sponsored Investment Funds

- - 22.2M - -

Unallocated Recognition of Front-End Fee Revenue

- - -4.7M - -

Unallocated Net Realized Capital (Gains) Losses

- - -258M - -

Eliminations

-200K -200K -600K -23.5M -

Unallocated Net Realized Capital Gains on Funds Withheld Assets

195M -164M - - -

Unallocated Market Risk Benefit Derivative Settlements

- - 700K -45.9M -45.8M

Unallocated Income Taxes Related to Equity Method Investments

-33.5M -31.5M -64.1M -78.9M -74.8M

Executive Committee: Principal Financial Group, Inc.

Manager TitleAgeSince
Chief Executive Officer 57 2025-01-06
Director of Finance/CFO 54 2024-08-19
Compliance Officer - 2022-02-20
Chief Tech/Sci/R&D Officer 63 2020-04-30
Investor Relations Contact - 2022-02-27

Composition of the Board of Directors: Principal Financial Group, Inc.

Director TitleAgeSince
Director/Board Member 68 2001-08-31
Chairman 57 2025-09-01
Director/Board Member 61 2015-03-17
Director/Board Member 69 2015-08-16
Director/Board Member 57 2016-07-26
Director/Board Member 67 2017-10-24
Director/Board Member 63 2019-09-14
Director/Board Member 67 2020-05-25
Director/Board Member 64 2020-11-24
Director/Board Member 70 2021-02-21

Shareholders: Principal Financial Group, Inc.

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
12.28 %
26,969,104 12.28 % 2 555 M $
Nippon Life Insurance Co.
8.256 %
18,137,000 8.256 % 1 718 M $
BlackRock Advisors LLC
7.333 %
16,109,170 7.333 % 1 526 M $
4.784 %
10,509,360 4.784 % 995 M $
Merrill Lynch International
3.836 %
8,426,764 3.836 % 798 M $

Holdings: Principal Financial Group, Inc.

NameEquities%Valuation
12,510,515,396 97.97% 2 382 M $
1,877,127 9.46% 24 M $
119,000 0.01% 22 M $
1,137,395 0.01% 19 M $
369,000 0.04% 18 M $
427,079 0.01% 16 M $
434,056 0.01% 12 M $
8,907,392 0.79% 8 M $
3,004,472 0.03% 8 M $
154,000 0.01% 5 M $

Company details: Principal Financial Group, Inc.

Principal Financial Group, Inc.

711 High Street

50392, Des Moines

+515 247 5111

http://www.principal.com
address Principal Financial Group, Inc.(PFG)

Group companies: Principal Financial Group, Inc.

NameCategory and Sector
Investment Managers

Other Life & Health Insurance

Change 5d. change 1-year change 3-years change Capi.($)
-0.13%-7.14%+5.53%-1.76% 19.65B
-1.88%-2.41%+26.29%+33.57% 168B
-1.21%-5.55%-0.19%+32.74% 89.1B
0.00%-2.27%+9.05%+90.90% 62.06B
+2.81%-3.66%+19.02%+91.62% 61.64B
-0.84%-1.91%+11.20%+65.89% 59.6B
-1.61%-4.28%+31.00%+55.23% 55.72B
-0.06%+1.22%-5.37%+6.72% 50.66B
+1.21%+0.41%+19.75%+71.14% 41B
+0.32%+5.56%+20.13%+38.19% 38.2B
Average -0.14%-2.35%+13.64%+48.42% 64.54B
Weighted average by Cap. -0.52%-3.01%+15.40%+48.84%
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
11
Last Close Price
90.39USD
Average target price
93.82USD
Spread / Average Target
+3.79%

Quarterly revenue - Rate of surprise

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