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Dec 31, 2021

Principal Financial Q4 2021 Earnings Report

Announced strong fourth quarter and full year 2021 results, driven by focused execution and strategic review.

Key Takeaways

Principal Financial Group reported strong non-GAAP operating earnings of $498 million in the fourth quarter of 2021. The company returned approximately $1.6 billion to shareholders in 2021 and expects to return even more in 2022, including a 14% increase in the first quarter dividend.

Delivered strong non-GAAP operating earnings of $498 million in the fourth quarter.

Returned approximately $1.6 billion to shareholders in 2021.

Expects to return even more capital to shareholders in 2022.

Executing on a clear strategy to deliver on financial targets.

Total Revenue
$4.11B
Previous year: $3.68B
+11.7%
EPS
$1.85
Previous year: $1.48
+25.0%
AUM
$981B
Previous year: $807B
+21.6%
Gross Profit
$4.09B
Previous year: $3.77B
+8.7%
Cash and Equivalents
$2.33B
Previous year: $2.85B
-18.2%
Total Assets
$305B
Previous year: $297B
+2.7%

Principal Financial

Principal Financial

Forward Guidance

The company looks forward to sustaining the momentum in 2022 and beyond and creating long term shareholder value.