The Principal Financial Group is a global financial investment management company.  The Company offers businesses individuals and institutional clients a wide range of financial products and services including retirement, asset management and insurance, through its diverse family of financial services companies.

Type
Public
HQ
Des Moines, US
Founded
1879
Size (employees)
15,378 (est)+4%
Principal Financial Group was founded in 1879 and is headquartered in Des Moines, US
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Key People/Management at Principal Financial Group

Daniel Houston

Daniel Houston

Chairman, President and Chief Executive Officer
Nora Everett

Nora Everett

President of Retirement and Income Solutions and Chairman of Principal Funds
Amy Friedrich

Amy Friedrich

President – U.S. Insurance Solutions
James McCaughan

James McCaughan

President, Global Asset Management and Chief Executive Officer, Principal Global Investors
Luis Valdes

Luis Valdes

President, Principal International
Timothy Dunbar

Timothy Dunbar

Executive Vice President and Chief Investment Officer
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Principal Financial Group Office Locations

Principal Financial Group has offices in Las Condes, Kuala Lumpur, Singapore, Des Moines and in 11 other locations
Des Moines, US (HQ)
711 High St
Las Condes, CL
802 3600 Avda Apoquindo
Santiago, CL
3600 Apoquindo Ote.
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Principal Financial Group Financials and Metrics

Principal Financial Group Financials

Principal Financial Group's revenue was reported to be $12.39 b in FY, 2016 which is a 3.6% increase from the previous period.
USD

Market capitalization (14-Jun-2018)

16.1 b

Closing share price (14-Jun-2018)

56.3
Principal Financial Group's current market capitalization is $16.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

9.3 b10.5 b12 b12.4 b

Revenue growth, %

13%14%4%

Pre tax profit

1.1 b1.5 b1.4 b1.6 b

Income tax expense

187.9 m318.5 m177.6 m229.9 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

2.2 b2.5 b2.6 b2.5 b2.7 b3.3 b3.2 b3 b3 b2.8 b3 b3.2 b4.6 b

Operating expense total

1.9 b2.1 b2.2 b2.1 b2.2 b3 b2.9 b2.6 b2.6 b2.4 b2.6 b2.8 b3.5 b

Pre tax profit

320.3 m376.4 m407.5 m393.8 m458.1 m294.5 m369.2 m439.8 m399.9 m370.7 m414 m365.6 m1.2 b

Income tax expense

61.2 m52.3 m88.3 m141 m29 m29.6 m68.3 m70.6 m72.9 m43.3 m60.4 m50.8 m344.6 m
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

2.6 b2.7 b

Inventories

1.4 b

Goodwill

1 b1 b

Total Assets

218.7 b228 b
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

2.3 b2.5 b2.1 b2.3 b2.2 b1.5 b2 b2.8 b

Inventories

1.4 b1.4 b1.5 b1.5 b1.5 b1.4 b1.4 b1.7 b

Goodwill

970.7 m1 b1 b1 b1 b1 b1 b1.1 b

Total Assets

222 b215 b218 b223 b230 b235 b240 b248 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

250.4 m1.2 b1.3 b1.4 b

Depreciation and Amortization

186.6 m

Cash From Operating Activities

4.4 b3.9 b4.2 b

Cash From Investing Activities

(3.2 b)(5.2 b)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

319.2 m252.8 m429.1 m694 m994.9 m369.2 m696.2 m1 b353.6 m668.4 m1.5 b

Depreciation and Amortization

83.3 m149.3 m45.8 m93.2 m139.6 m48.1 m95.5 m144.8 m

Cash From Operating Activities

2.1 b3.3 b895.5 m2.1 b2.9 b522.9 m1.8 b3.6 b

Cash From Investing Activities

(937.1 m)(1.8 b)(1.9 b)(3.7 b)(4.5 b)(1.8 b)(2.5 b)(3.3 b)
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Principal Financial Group Operating Metrics

Principal Financial Group's Customers was reported to be 22.1 m in FY, 2016. Principal Financial Group's Assets Under Management was reported to be $591.6b in FY, 2016.
FY, 2014FY, 2015FY, 2016

Assets Under Management

$519.30 b$527.40 b$591.60 b

Countries

70 76

Customers

19.70 m19.10 m22.10 m
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Principal Financial Group Revenue Breakdown

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Principal Financial Group revenue breakdown by business segment: 29.3% from U.S. Insurance Solutions, 10.1% from Principal International, 11.2% from Principal Global Investors and 49.5% from Retirement and Income Solutions

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Principal Financial Group Online and Social Media Presence

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Principal Financial Group News and Updates

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