Discontinued — last reported Q4 '22

Business Segments · Segment Income Tax Expense Benefit

Segment US Insurance Solutions — Segment Income Tax Expense Benefit

Principal Financial Group Segment US Insurance Solutions — Segment Income Tax Expense Benefit remained flat by 0.0% to $25.28M in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 9.5%, from $23.08M to $25.28M.

Analysis

StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2022

How to read this metric

Fluctuations are often driven by changes in segment profitability or changes in the statutory tax environment.

Detailed definition

The portion of the total corporate income tax expense or benefit specifically allocated to the US Insurance Solutions se...

Peer comparison

Standard accounting allocation; varies based on the tax jurisdiction and specific insurance product tax treatments.

Metric ID: pfg_segment_segment_us_insurance_solutions_segment_income_tax_expense_benefit

Historical Data

2 years
 FY'21FY'22
Value$92.30M$101.10M
YoY Change+9.5%
Range$92.30M$101.10M
Avg YoY Growth+9.5%
Median YoY Growth+9.5%

Frequently Asked Questions

What is Principal Financial Group's segment us insurance solutions — segment income tax expense benefit?
Principal Financial Group (PFG) reported segment us insurance solutions — segment income tax expense benefit of $25.28M in Q4 2022.
How has Principal Financial Group's segment us insurance solutions — segment income tax expense benefit changed year-over-year?
Principal Financial Group's segment us insurance solutions — segment income tax expense benefit increased by 9.5% year-over-year, from $23.08M to $25.28M.
What does segment us insurance solutions — segment income tax expense benefit mean?
The amount of tax expense or benefit attributed to the insurance segment's earnings.