| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 3.7K | 0.3% | 22.3% |
| Total Income | 3.7K | 0.3% | 22.3% |
| Expenditure | 3.5K | 8.1% | 3.6% |
| PBT | — | ||
| Net Profit | 213.80 | 47.4% | 197.2% |
| OPM | — | ||
| NPM | 5.81% | 5.26pp | 13.11pp |
| EPS | 0.96 | 47.0% | 201.1% |
Principal Financial Group Announces Q3 2025 Results
04 May 2026 · 4 May, 8:46 am
Summary
Principal Financial Group announced its third quarter 2025 results, highlighting strong EPS growth and a robust operating performance. Non-GAAP operating earnings per diluted share, excluding significant variances, increased by 13% year-over-year to $2.32. The company returned $398 million to shareholders through share repurchases and dividends. AUM reached $784 billion, including $0.4 billion of net cash flow, and the company raised its fourth quarter dividend by 8%.
Key Highlights
- 1
Non-GAAP operating earnings per diluted share, excluding significant variances, of $2.32 increased 13% over the prior year quarter.
- 2
The company returned $398 million of capital to shareholders, including $225 million of share repurchases and $173 million of common stock dividends.
- 3
Principal Financial Group raised the fourth quarter 2025 common stock dividend to $0.79 per share, an 8% increase over fourth quarter 2024 on a trailing twelve-month basis.
- 4
Assets under management (AUM) reached $784 billion, including $0.4 billion of net cash flow, while assets under administration (AUA) totaled $1.8 trillion.
- 5
The company maintains a strong financial position with $1.6 billion of excess and available capital.
- 6
Specialty Benefits record pre-tax operating earnings, excluding the significant variances outlined in Exhibit 1, increased 28% on strong underwriting results.
- 7
Investment Management pre-tax operating earnings increased 9% on management fee increase of 5% and margin expansion of 180 bps to 40%.
Management Comments
Deanna Strable
“Robust operating performance delivered strong EPS growth in the third quarter driving ROE to the top of our target range, underpinned by sound business fundamentals, enhanced margin performance, and strategic positioning in high-growth market segments. Sustained free cash flow enabled investments across value-creating business opportunities and shareholder distributions, while maintaining a strong capital position and financial flexibility. Based on our year-to-date execution and continued business momentum, we remain confident in achieving our full-year guidance and advancing our strategic initiatives.”
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