Discontinued — last reported Q4 '22
Principal Financial Group Segment US Insurance Solutions — D&A remained flat by 0.0% to $5.93M in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 2.1%, from $6.05M to $5.93M.
Stable levels suggest consistent capital expenditure, while spikes may indicate new technology or acquisition-related amortization.
The non-cash expense allocated to the US Insurance Solutions segment for the gradual reduction in the value of tangible...
Standard accounting practice; comparable across all capital-intensive financial services firms.
pfg_segment_segment_us_insurance_solutions_depreciation_and_amortization| FY'21 | FY'22 | |
|---|---|---|
| Value | $24.20M | $23.70M |
| YoY Change | — | -2.1% |