Principal Financial Group Segment Principal Asset Management — Segment Expenses increased by 2.8% to $471.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.6%, from $494.50M to $471.60M. Over 3 years (FY 2022 to FY 2025), Segment Principal Asset Management — Segment Expenses shows a downward trend with a -6.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising segment expenses without proportional revenue growth signal declining profitability and potential inefficiencies in the business model.
This represents the total aggregate expenses attributed to the asset management segment, encompassing operating costs, p...
Standard 'Total Expenses' line item for business segments in diversified financial institutions.
pfg_segment_segment_principal_asset_management_segment_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $567.68M | $567.68M | $567.68M | $567.68M | $489.50M | $489.50M | $489.50M | $489.50M | $466.20M | $490.80M | $466.90M | $490.90M | $494.50M | $463.10M | $448.00M | $458.60M | $471.60M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -13.8% | +0.0% | +0.0% | +0.0% | -4.8% | +5.3% | -4.9% | +5.1% | +0.7% | -6.3% | -3.3% | +2.4% | +2.8% |
| YoY Change | — | — | — | — | -13.8% | -13.8% | -13.8% | -13.8% | -4.8% | +0.3% | -4.6% | +0.3% | +6.1% | -5.6% | -4.0% | -6.6% | -4.6% |