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PRINCIPAL FINANCIAL GROUP INC

For the period ended Dec 31, 2024. Filed Feb 19, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 19, 2025

PFG$115.99+0.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Stockholders’ Equity

​​​​​​​​​​​​​​​​​​​​​​​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Accumulated · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · Additional · ​ · ​ · ​ · ​ · other · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Total · ​
​ · ​ · Common · ​ · paid-in · ​ · Retained · ​ · comprehensive · ​ · Treasury · ​ · Noncontrolling · ​ · stockholders’ · ​
​ · stock · capital · earnings · loss · stock · interest · equity · ​
​ · ​ · (in millions) · ​
Balances as of January 1, 2022​$4.8​$10,495.0​$12,594.2​$(2,084.1)​$(8,925.8)​$56.4​$12,140.5​
Common stock issued​​0.1​​181.6​​—​​—​​—​​—​​181.7​
Stock-based compensation​​—​​102.7​​(11.5)​​—​​—​​0.4​​91.6​
Treasury stock acquired, common​​—​​—​​—​​—​​(1,661.1)​​—​​(1,661.1)​
Accelerated share repurchase​​—​​(33.9)​​—​​—​​—​​—​​(33.9)​
Dividends to common stockholders​​—​​—​​(642.3)​​—​​—​​—​​(642.3)​
Distributions to noncontrolling interest​​—​​—​​—​​—​​—​​(86.2)​​(86.2)​
Contributions from noncontrolling interest​​—​​—​​—​​—​​—​​7.3​​7.3​
Purchase of subsidiary shares from noncontrolling interest (1)​​—​​(5.7)​​—​​—​​—​​(2.4)​​(8.1)​
Adjustments to redemption amount of redeemable noncontrolling interest​​—​​0.7​​—​​—​​—​​(0.5)​​0.2​
Adjustment for reinsurance​​—​​—​​—​​114.5​​—​​—​​114.5​
Net income (1)​​—​​—​​4,756.9​​—​​—​​66.4​​4,823.3​
Other comprehensive loss (1)​​—​​—​​—​​(4,909.4)​​—​​(0.3)​​(4,909.7)​
Balances as of December 31, 2022​​4.9​​10,740.4​​16,697.3​​(6,879.0)​​(10,586.9)​​41.1​​10,017.8​
Common stock issued​​—​​57.8​​—​​—​​—​​—​​57.8​
Stock-based compensation​​—​​110.7​​(11.5)​​—​​—​​0.5​​99.7​
Treasury stock acquired, common​​—​​—​​—​​—​​(748.8)​​—​​(748.8)​
Dividends to common stockholders​​—​​—​​(625.5)​​—​​—​​—​​(625.5)​
Distributions to noncontrolling interest​​—​​—​​—​​—​​—​​(26.5)​​(26.5)​
Contributions from noncontrolling interest​​—​​—​​—​​—​​—​​7.6​​7.6​
Purchase of subsidiary shares from noncontrolling interest (1)​​—​​(1.2)​​—​​—​​—​​—​​(1.2)​
Adjustments to redemption amount of redeemable noncontrolling interest​​—​​0.9​​—​​—​​—​​0.2​​1.1​
Net income (1)​​—​​—​​623.2​​—​​—​​23.2​​646.4​
Other comprehensive income (1)​​—​​—​​—​​1,533.7​​—​​(0.4)​​1,533.3​
Balances as of December 31, 2023​​4.9​​10,908.6​​16,683.5​​(5,345.3)​​(11,335.7)​​45.7​​10,961.7​
Common stock issued​​—​​67.7​​—​​—​​—​​—​​67.7​
Stock-based compensation​​—​​121.4​​(12.6)​​—​​—​​0.5​​109.3​
Treasury stock acquired, common​​—​​—​​—​​—​​(1,042.4)​​—​​(1,042.4)​
Dividends to common stockholders​​—​​—​​(658.4)​​—​​—​​—​​(658.4)​
Distributions to noncontrolling interest​​—​​—​​—​​—​​—​​(22.8)​​(22.8)​
Contributions from noncontrolling interest​​—​​—​​—​​—​​—​​7.3​​7.3​
Purchase of subsidiary shares from noncontrolling interest (1)​​—​​(0.3)​​—​​—​​—​​—​​(0.3)​
Adjustments to redemption amount of redeemable noncontrolling interest​​—​​3.5​​—​​—​​—​​0.9​​4.4​
Net income (1)​​—​​—​​1,571.0​​—​​—​​15.1​​1,586.1​
Other comprehensive income (1)​​—​​—​​—​​120.5​​—​​(1.8)​​118.7​
Balances as of December 31, 2024​$4.9​$11,100.9​$17,583.5​$(5,224.8)​$(12,378.1)​$44.9​$11,131.3​
(1)Excludes amounts attributable to redeemable noncontrolling interest. See Note 17, Stockholders’ Equity, for further details.
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.