Principal Financial Group PFG Material Reconciling Items — Exited Group Medical Insurance Business Revenues

Discontinued — last reported Q4 '15

Similar metrics at other companies

GLMaterial Reconciling Items — Segment Revenues Excluding Realized Investment Gains Losses

-$28K+20.0%

EQHMaterial Reconciling Items — Revenue Adjustments Related To Investment Gain Loss

$102M+525%

MOHMaterial Reconciling Items — Revenue

$189M+51.2%

GLMaterial Reconciling Items — Nonoperating Income Expense

$0—

VOYAMaterial Reconciling Items — Disposal Group Including Discontinued Operation Revenue

——

VOYAMaterial Reconciling Items — Closed Block Operations Revenue

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Revenue$3.5B-4.5%

Net income$424.6M+783%

EPS (diluted)$1.93+819%

Cash & equivalents$4.1B+4.6%

Total debt$3.9B-9.3%

Total equity$11.8B+5.3%

Total assets$332.70B+6.3%

Operating cash flow$187.1M-80.9%

Market cap$23.67B+2.7%

Enterprise value$23.56B-0.4%

P/E15.2×-6.1×

P/S1.5×+0.1×

Net margin10.1%+3.2pp

Return on equity13.6%+3.9pp

Debt / equity0.3×-0.1×

Reported directly by Principal Financial Group in its filing.

Tagged under the XBRL concept pfg:ExitedGroupMedicalInsuranceBusinessRevenues.

The official record: Principal Financial Group’s 10-K, filed February 9, 2018, on SEC EDGAR. View the filing →

What does material reconciling items — exited group medical insurance business revenues mean?: Revenue generated from business lines that the company has exited.
How do you interpret material reconciling items — exited group medical insurance business revenues?: A declining trend is expected as the legacy business winds down, signaling successful exit execution.
How does material reconciling items — exited group medical insurance business revenues compare across companies?: Commonly reported as 'discontinued operations' or 'legacy business' revenue in insurance company financial notes.