What does medical costs mean?

This represents the direct costs incurred for providing healthcare services and settling medical claims for policyholders. It is the primary variable expense for health insurance operations and a key driver of the loss ratio.

Principal Financial Group PFG Medical costs

Segments

By segment

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Segment Retirement And Income Solutions$773.1M-42.9%

Segment Benefits And Protection$694M-0.8%

Segment Principal Asset Management$52.7M-41.8%

Segment Corporate$32.5M+37.7%

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×

Questions, answered.

What does medical costs mean?: This represents the direct costs incurred for providing healthcare services and settling medical claims for policyholders. It is the primary variable expense for health insurance operations and a key driver of the loss ratio.