Discontinued — last reported Q4 '23

Business Segments · D&A

Segment Principal Asset Management — D&A

Principal Financial Group Segment Principal Asset Management — D&A remained flat by 0.0% to $19.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 1.9%, from $18.65M to $19.00M. Over 2 years (FY 2021 to FY 2023), Segment Principal Asset Management — D&A shows relatively stable performance with a -1.5% CAGR.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2021
Last reportedQ4 2023
Rolls up toD&A

How to read this metric

High levels may indicate significant capital investment in technology or infrastructure, while low levels may suggest aging assets.

Detailed definition

This metric represents the non-cash expense allocated to the systematic reduction in the value of tangible and intangibl...

Peer comparison

Standard accounting metric across all capital-intensive and service-based industries.

Metric ID: pfg_segment_segment_principal_asset_management_depreciation_and_amortization

Historical Data

3 years
 FY'21FY'22FY'23
Value$78.40M$74.60M$76.00M
YoY Change-4.8%+1.9%
Range$74.60M$78.40M
CAGR-1.5%
Avg YoY Growth-1.5%
Median YoY Growth-1.5%

Frequently Asked Questions

What is Principal Financial Group's segment principal asset management — d&a?
Principal Financial Group (PFG) reported segment principal asset management — d&a of $19.00M in Q4 2023.
How has Principal Financial Group's segment principal asset management — d&a changed year-over-year?
Principal Financial Group's segment principal asset management — d&a increased by 1.9% year-over-year, from $18.65M to $19.00M.
What is the long-term trend for Principal Financial Group's segment principal asset management — d&a?
Over 2 years (2021 to 2023), Principal Financial Group's segment principal asset management — d&a has grown at a -1.5% compound annual growth rate (CAGR), from $78.40M to $76.00M.
What does segment principal asset management — d&a mean?
The non-cash expense representing the wear and tear or expiration of assets used by the segment.