Business Segments · Segment Expenses

Segment Principal Asset Management — Segment Expenses

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.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

Rising segment expenses without proportional revenue growth signal declining profitability and potential inefficiencies in the business model.

Detailed definition

This represents the total aggregate expenses attributed to the asset management segment, encompassing operating costs, p...

Peer comparison

Standard 'Total Expenses' line item for business segments in diversified financial institutions.

Metric ID: pfg_segment_segment_principal_asset_management_segment_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$448.00M$567.68M
CAGR-4.5%
Avg YoY Growth-6.1%
Median YoY Growth-4.8%
Current Streak2 quarters growth

Frequently Asked Questions

What is Principal Financial Group's segment principal asset management — segment expenses?
Principal Financial Group (PFG) reported segment principal asset management — segment expenses of $471.60M in Q1 2026.
How has Principal Financial Group's segment principal asset management — segment expenses changed year-over-year?
Principal Financial Group's segment principal asset management — segment expenses decreased by 4.6% year-over-year, from $494.50M to $471.60M.
What is the long-term trend for Principal Financial Group's segment principal asset management — segment expenses?
Over 3 years (2022 to 2025), Principal Financial Group's segment principal asset management — segment expenses has grown at a -6.4% compound annual growth rate (CAGR), from $2.27B to $1.86B.
What does segment principal asset management — segment expenses mean?
The total costs incurred by the asset management segment to conduct its business.