$PFG
PRINCIPAL FINANCIAL GROUP INC
CIK:0001126328|SEC Filings
Condensed Consolidated Statements of Operations - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Revenues | ||||||
| Premiums and other considerations | $ 1,460.8 | $ 1,396.5 | $ 2,608.9 | $ 3,147.8 | ||
| Fees and other revenues | 1,146.0 | 1,082.6 | 2,263.3 | 2,160.3 | ||
| Net investment income (loss) | 1,301.8 | 1,162.8 | 2,500.8 | 2,328.5 | ||
| Net realized capital gains (losses) | [1] | 109.7 | 5.4 | (12.4) | (111.7) | |
| Net realized capital gains (losses) on funds withheld assets | [1] | (8.1) | 3.7 | 1.3 | 31.7 | |
| Change in fair value of funds withheld embedded derivative | (104.4) | 20.3 | 73.0 | (189.4) | ||
| Total revenues | 3,905.8 | 3,671.3 | 7,434.9 | 7,367.2 | ||
| Expenses | ||||||
| Benefits, claims and settlement expenses | 1,992.1 | 1,839.9 | 3,603.2 | 4,059.9 | ||
| Liability for future policy benefits remeasurement (gain) loss | 7.4 | (4.3) | (7.3) | (2.1) | ||
| Market risk benefit remeasurement (gain) loss | (14.5) | 14.3 | 26.0 | 49.0 | ||
| Dividends to policyholders | 23.9 | 22.9 | 54.5 | 42.0 | ||
| Operating expenses | 1,400.6 | 1,295.4 | 2,780.4 | 2,686.4 | ||
| Total expenses | 3,409.5 | 3,168.2 | 6,456.8 | 6,835.2 | ||
| Income (loss) before income taxes | 496.3 | 503.1 | 978.1 | 532.0 | ||
| Income taxes (benefits) | 66.0 | 69.6 | 134.9 | 35.6 | ||
| Net income (loss) | 430.3 | 433.5 | 843.2 | 496.4 | ||
| Net income (loss) attributable to noncontrolling interest | 26.9 | 27.3 | 15.2 | 42.1 | ||
| Net income (loss) attributable to Principal Financial Group, Inc. | $ 403.4 | $ 406.2 | $ 828.0 | $ 454.3 | ||
| Earnings per common share | ||||||
| Basic earnings per common share (in dollars per share) | $ 1.87 | $ 1.81 | $ 3.82 | $ 2.02 | ||
| Diluted earnings per common share (in dollars per share) | $ 1.84 | $ 1.79 | $ 3.77 | $ 2 | ||
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