Discontinued — last reported Q4 '23
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.
High levels may indicate significant capital investment in technology or infrastructure, while low levels may suggest aging assets.
This metric represents the non-cash expense allocated to the systematic reduction in the value of tangible and intangibl...
Standard accounting metric across all capital-intensive and service-based industries.
pfg_segment_segment_principal_asset_management_depreciation_and_amortization| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $78.40M | $74.60M | $76.00M |
| YoY Change | — | -4.8% | +1.9% |