Earnings Summary

Principal Financial Group Inc.’s revenue jumped 21.18% since last year same period to $4310.8Mn in the Q2 2024. On a quarterly growth basis, Principal Financial Group Inc. has generated 6.35% jump in its revenue since last 3-months.

Principal Financial Group Inc.’s net profit fell -9.18% since last year same period to $353.1Mn in the Q2 2024. On a quarterly growth basis, Principal Financial Group Inc. has generated -33.69% fall in its net profits since last 3-months.

Principal Financial Group Inc.’s net profit margin fell -25.06% since last year same period to 8.19% in the Q2 2024. On a quarterly growth basis, Principal Financial Group Inc. has generated -37.65% fall in its net profit margins since last 3-months.

Principal Financial Group Inc.’s price-to-earnings ratio after this Q2 2024 earnings stands at 16.96.

Principal Financial Group Inc.’s earning per share (EPS) estimates for the current quarter stand at 2.01 - a 9.24% jump from last quarter’s estimates.

Principal Financial Group Inc.’s earning per share (EPS) estimates for the current year stand at 2.01.

Principal Financial Group Inc.’s earning per share (EPS) jumped 6.54% since last year same period to 1.63 in the Q2 2024. This indicates that the Principal Financial Group Inc. has generated 6.54% 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 0.71 dividend per share during the earnings announcement for Q2 2024.