Skip to content

Principal Financial Group PFG Universal Life — Unearned Revenue Liability

Similar metrics at other companies

Equitable Holdings logo
EQHUL — Unearned Revenue, Liability
$111M-3.5%
Security National Financial Corporation logo
SNFCAUniversal Life — Unearned Premiums
$1.78M-9.7%
Chubb logo
CBUniversal Life — Policyholder Account Balance, excluding Unearned Revenue Liability
$1.83B+1.0%
Brighthouse Financial logo
BHFUniversal Life Insurance — Unearned Premiums
$360M+0.3%
F&G Annuities & Life logo
FGUniversal life — URL
$592M+35.8%
Brighthouse Financial logo
BHFLife — Unearned Revenue
$361M+1.1%

Other financials

Income statement

See full
Revenue$3.5B-4.5%
Net income$424.6M+783%
EPS (diluted)$1.93+819%

Balance sheet

See full
Cash & equivalents$4.1B+4.6%
Total debt$3.9B-9.3%
Total equity$11.8B+5.3%
Total assets$332.70B+6.3%

Cash flow

See full
Operating cash flow$187.1M-80.9%

Valuation

See full
Market cap$23.28B+36.3%
Enterprise value$23.17B+33.5%
P/E14.9×-0.1×
P/S1.5×+0.4×

Profitability

See full
Net margin10.1%+3.2pp

Returns & leverage

See full
Return on equity13.6%+3.9pp
Debt / equity0.3×-0.1×

Where this comes from

Reported directly by Principal Financial Group in its filing.

Tagged under the XBRL concept pfg:UnearnedRevenueLiability.

The official record: Principal Financial Group’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

Ask your AI about Principal Financial Group's universal life — unearned revenue liability.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Principal Financial Group's universal life — unearned revenue liability?
Principal Financial Group (PFG) reported universal life — unearned revenue liability of $538.5M in Q1 2026.
How has Principal Financial Group's universal life — unearned revenue liability changed year-over-year?
Principal Financial Group's universal life — unearned revenue liability increased by 4.2% year-over-year, from $516.6M to $538.5M.
What is the long-term trend for Principal Financial Group's universal life — unearned revenue liability?
Over 2 years (2023 to 2025), Principal Financial Group's universal life — unearned revenue liability has grown at a 5.0% compound annual growth rate (CAGR), from $1.91B to $2.1B.
What does universal life — unearned revenue liability mean?
This represents the liability for revenue received from policyholders that has not yet been earned by the company. It arises when policy charges are collected in advance of the services being provided. This liability is gradually reduced as the company earns the revenue over the policy term.