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Dec 31, 2024

Principal Financial Q4 2024 Earnings Report

Expected Revenue:$4.12B
+14.7% YoY
Expected EPS:$2.02
+18.8% YoY

Key Takeaways

Principal Financial Group announced strong full year and fourth quarter 2024 results. Full-year non-GAAP operating earnings per diluted share increased 11%, and Q4 non-GAAP operating earnings per diluted share increased 16% over the prior year quarter. The company returned $1.7 billion of capital to shareholders in 2024 and raised its first quarter 2025 common stock dividend.

Full-year non-GAAP operating earnings per diluted share increased 11%, in line with long-term guidance.

Q4 non-GAAP operating earnings per diluted share increased 16% over the prior year quarter.

Returned $1.7 billion of capital to shareholders for full year 2024.

Raised first quarter 2025 common stock dividend to $0.75 per share.

Total Revenue
$0
Previous year: $2.69B
-100.0%
AUM
$712B
Previous year: $695B
+2.4%
Free Cash Flow
$1.44B
Total Assets
$314M
Previous year: $305B
-99.9%

Principal Financial

Principal Financial

Forward Guidance

Principal Financial Group provided its 2025 outlook, anticipating continued growth and value creation.