Principal Financial Group, Inc.
PFGFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
16,128
Cost of Revenue
8,774
Gross Profit
7,353
Gross Margin
45.6%
Operating Income
1,890
Operating Margin
11.7%
Net Income
1,571
Net Margin
9.7%
EPS (Basic)
$6.77
EPS (Diluted)
$6.68
EBITDA
2,146
EBITDA Margin
13.3%
2023
12/31/2023
Revenue
13,666
Cost of Revenue
7,766
Gross Profit
5,900
Gross Margin
43.2%
Operating Income
739
Operating Margin
5.4%
Net Income
623
Net Margin
4.6%
EPS (Basic)
$2.58
EPS (Diluted)
$2.55
EBITDA
1,012
EBITDA Margin
7.4%
2022
12/31/2022
Revenue
17,536
Cost of Revenue
6,492
Gross Profit
11,044
Gross Margin
63.0%
Operating Income
5,987
Operating Margin
34.1%
Net Income
4,757
Net Margin
27.1%
EPS (Basic)
$18.94
EPS (Diluted)
$18.63
EBITDA
6,283
EBITDA Margin
35.8%
2021
12/31/2021
Revenue
14,428
Cost of Revenue
7,352
Gross Profit
7,076
Gross Margin
49.0%
Operating Income
1,911
Operating Margin
13.2%
Net Income
1,580
Net Margin
11.0%
EPS (Basic)
$5.87
EPS (Diluted)
$5.79
EBITDA
2,186
EBITDA Margin
15.2%
2020
12/31/2020
Revenue
14,742
Cost of Revenue
8,282
Gross Profit
6,460
Gross Margin
43.8%
Operating Income
1,694
Operating Margin
11.5%
Net Income
1,396
Net Margin
9.5%
EPS (Basic)
$5.08
EPS (Diluted)
$5.05
EBITDA
1,945
EBITDA Margin
13.2%