Earnings Summary

Principal Financial Group Inc.’s revenue jumped 43.79% since last year same period to $4053.3Mn in the Q1 2024. On a quarterly growth basis, Principal Financial Group Inc. has generated 50.64% jump in its revenue since last 3-months.

Principal Financial Group Inc.’s net profit jumped 495.91% since last year same period to $532.5Mn in the Q1 2024. On a quarterly growth basis, Principal Financial Group Inc. has generated 161.09% jump in its net profits since last 3-months.

Principal Financial Group Inc.’s net profit margin jumped 375.35% since last year same period to 13.14% in the Q1 2024. On a quarterly growth basis, Principal Financial Group Inc. has generated 140.55% jump in its net profit margins since last 3-months.

Principal Financial Group Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 15.65.

Principal Financial Group Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.85 - a 6.94% jump from last quarter’s estimates.

Principal Financial Group Inc.’s earning per share (EPS) estimates for the current year stand at 1.85.

Principal Financial Group Inc.’s earning per share (EPS) jumped 11.49% since last year same period to 1.65 in the Q1 2024. This indicates that the Principal Financial Group Inc. has generated 11.49% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Principal Financial Group Inc.’s return on assets (ROA) stands at 0.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Principal Financial Group Inc.’s return on equity (ROE) stands at 0.12.

Principal Financial Group Inc. declared 0.69 dividend per share during the earnings announcement for Q1 2024.