Principal Financial Group Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.19B | $1.57B | $623.2M | $4.76B | $1.58B | $1.40B | $1.39B | $1.55B |
| Depreciation & Amortization | $251.4M | $256.2M | $272.7M | $295.9M | $275.3M | $251.9M | $226.8M | $205.1M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $72.9M | $66.1M | $68.6M | $70.7M | $75.3M | $73.5M | $62.8M | $53.9M |
| Stock-Based Compensation | $109.9M | $108.7M | $99.4M | $91.3M | $96.1M | $87.2M | $82.6M | $77.4M |
| Net Cash from Operating Activities | $4.54B | $4.60B | $3.79B | $3.17B | $3.25B | $3.71B | $5.49B | $5.16B |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | $27.1M | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-4.14B | $-5.40B | $-1.35B | $1.06B | $-5.69B | $-5.00B | $-7.69B | $-5.70B |
| Financing Activities | ||||||||
| Dividends Paid | $684.0M | $658.4M | $625.5M | $642.3M | $654.1M | $614.5M | $606.0M | $598.6M |
| Stock Repurchases | $902.7M | $1.04B | $740.4M | $1.66B | $937.2M | $307.0M | $281.0M | $671.6M |
| Net Cash from Financing Activities | $-181.8M | $300.3M | $-2.59B | $-1.72B | $1.92B | $1.62B | $1.73B | $1.05B |
| Net Change in Cash | $219.1M | $-495.8M | $-140.3M | $2.52B | $-517.8M | $333.9M | $-461.6M | $506.7M |
| Free Cash Flow | — | — | — | — | — | — | — | — |
Risk comes from not knowing what you're doing.