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Principal Financial Group PFG Variable Annuity — Separate Accounts Liability

Other product segments

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754,590,000,000%+12.4%
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Other financials

Income statement

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

Balance sheet

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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

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Operating cash flow$187.1M-80.9%

Valuation

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

Profitability

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Net margin10.1%+3.2pp

Returns & leverage

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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 us-gaap:SeparateAccountsLiability.

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

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Questions, answered.

What is Principal Financial Group's variable annuity — separate accounts liability?
Principal Financial Group (PFG) reported variable annuity — separate accounts liability of 686,780,000,000% in Q1 2026.
How has Principal Financial Group's variable annuity — separate accounts liability changed year-over-year?
Principal Financial Group's variable annuity — separate accounts liability decreased by 11.5% year-over-year, from 776,000,000,000% to 686,780,000,000%.
What is the long-term trend for Principal Financial Group's variable annuity — separate accounts liability?
Over 2 years (2023 to 2025), Principal Financial Group's variable annuity — separate accounts liability has grown at a -7.6% compound annual growth rate (CAGR), from 3,571,980,000,000% to 3,050,870,000,000%.
What does variable annuity — separate accounts liability mean?
The total obligation owed to variable annuity policyholders whose funds are invested in separate accounts, where the investment risk is primarily borne by the policyholder. This liability represents the fair value of the assets held in these accounts.