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Principal Financial Group PFG Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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Other financials

Income statement

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Revenue$3.9B+6.4%
Net income$403.4M-0.7%
EPS (diluted)$1.84+2.8%

Balance sheet

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Cash & equivalents$5.3B+43.7%
Total debt$4.3B+10.0%
Total equity$12.1B+6.4%
Total assets$352.75B+9.2%

Cash flow

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Operating cash flow$2.1B+156%

Valuation

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Market cap$24.28B+42.5%
Enterprise value$23.36B+34.8%
P/E15.6×+0.6×
P/S1.6×+0.4×

Profitability

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Net margin9.9%+2.4pp

Returns & leverage

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Return on equity13.2%+3.1pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by Principal Financial Group in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: Principal Financial Group’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 2:34 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-088071
Line itemJune 30, 2026December 31, 2025
Additional paid-in capital11,429.011,275.4
Retained earnings18,542.218,071.3
Accumulated other comprehensive loss(4,065.8)(4,188.4)
Treasury stock, at cost; 284,549,918 and 279,503,320 shares as of 2026 and 2025(13,767.6)(13,279.4)
Total stockholders’ equity attributable to Principal Financial Group, Inc.12,142.811,883.9
Noncontrolling interest35.033.1
Total stockholders’ equity12,177.811,917.0
Total liabilities and stockholders’ equity$352,752.3$341,376.5

Item 1. Financial Statements

FAQ

What is Principal Financial Group's noncontrolling interests in subsidiaries?
Principal Financial Group (PFG) reported noncontrolling interests in subsidiaries of $35M in Q2 2026.
How has Principal Financial Group's noncontrolling interests in subsidiaries changed year-over-year?
Principal Financial Group's noncontrolling interests in subsidiaries decreased by 32.7% year-over-year, from $52M to $35M.
What is the long-term trend for Principal Financial Group's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Principal Financial Group's noncontrolling interests in subsidiaries has grown at a -10.7% compound annual growth rate (CAGR), from $58.4M to $33.1M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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