Principal Minority Interest vs Operating Income Analysis

PFG Stock  USD 79.12  1.94  2.39%   
Principal Financial financial indicator trend analysis is much more than just breaking down Principal Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Principal Financial is a good investment. Please check the relationship between Principal Financial Minority Interest and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Minority Interest vs Operating Income

Minority Interest vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Principal Financial Minority Interest account and Operating Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Principal Financial's Minority Interest and Operating Income is 0.1. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Operating Income in the same time period over historical financial statements of Principal Financial Group, assuming nothing else is changed. The correlation between historical values of Principal Financial's Minority Interest and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Principal Financial Group are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Minority Interest i.e., Principal Financial's Minority Interest and Operating Income go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Principal Financial Group whose combined shares represent less than 50% of the total outstanding shares issued by Principal Financial have a minority interest in Principal Financial.

Operating Income

Operating Income is the amount of profit realized from Principal Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Principal Financial Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Principal Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Principal Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
The current Selling General Administrative is estimated to decrease to about 3.7 B. The current Tax Provision is estimated to decrease to about 65.3 M
 2021 2022 2023 2024 (projected)
Gross Profit14.3B17.5B13.7B12.3B
Total Revenue14.3B17.5B13.7B12.3B

Principal Financial fundamental ratios Correlations

0.96-0.61-0.470.790.780.420.660.440.460.420.750.69-0.760.74-0.11-0.171.00.590.00.90.910.590.270.320.78
0.96-0.57-0.440.760.810.420.650.480.40.420.80.67-0.750.79-0.13-0.160.960.60.020.880.890.590.290.30.74
-0.61-0.570.91-0.5-0.370.04-0.23-0.52-0.46-0.16-0.560.130.67-0.53-0.280.01-0.61-0.180.75-0.29-0.29-0.180.1-0.16-0.69
-0.47-0.440.91-0.54-0.17-0.170.12-0.26-0.220.08-0.60.220.36-0.59-0.31-0.33-0.47-0.280.71-0.11-0.14-0.28-0.120.26-0.44
0.790.76-0.5-0.540.610.610.370.08-0.050.00.740.52-0.470.74-0.340.070.780.830.010.690.750.840.61-0.110.43
0.780.81-0.37-0.170.610.310.830.320.30.310.50.59-0.770.49-0.32-0.470.780.480.090.830.850.480.170.490.67
0.420.420.04-0.170.610.31-0.03-0.56-0.21-0.210.560.560.090.59-0.20.340.410.630.510.360.460.660.66-0.48-0.07
0.660.65-0.230.120.370.83-0.030.470.370.540.240.6-0.840.22-0.37-0.720.670.270.130.780.770.27-0.050.840.66
0.440.48-0.52-0.260.080.32-0.560.470.590.580.20.07-0.610.150.16-0.310.45-0.06-0.440.430.34-0.1-0.320.60.69
0.460.4-0.46-0.22-0.050.3-0.210.370.590.50.160.13-0.530.130.59-0.290.48-0.43-0.280.350.26-0.44-0.680.540.64
0.420.42-0.160.080.00.31-0.210.540.580.50.30.37-0.420.280.34-0.030.430.00.060.420.46-0.06-0.220.590.26
0.750.8-0.56-0.60.740.50.560.240.20.160.30.43-0.441.00.10.320.750.63-0.040.520.630.620.43-0.130.34
0.690.670.130.220.520.590.560.60.070.130.370.43-0.350.43-0.41-0.210.690.590.720.840.850.580.450.260.35
-0.76-0.750.670.36-0.47-0.770.09-0.84-0.61-0.53-0.42-0.44-0.35-0.410.130.62-0.76-0.220.3-0.68-0.65-0.220.16-0.74-0.86
0.740.79-0.53-0.590.740.490.590.220.150.130.281.00.43-0.410.090.340.730.64-0.020.510.620.630.45-0.160.3
-0.11-0.13-0.28-0.31-0.34-0.32-0.2-0.370.160.590.340.1-0.410.130.090.45-0.1-0.59-0.41-0.36-0.34-0.62-0.61-0.09-0.1
-0.17-0.160.01-0.330.07-0.470.34-0.72-0.31-0.29-0.030.32-0.210.620.340.45-0.180.18-0.03-0.36-0.240.150.37-0.81-0.54
1.00.96-0.61-0.470.780.780.410.670.450.480.430.750.69-0.760.73-0.1-0.180.580.00.910.910.570.250.330.79
0.590.6-0.18-0.280.830.480.630.27-0.06-0.430.00.630.59-0.220.64-0.590.180.580.270.590.691.00.91-0.230.18
0.00.020.750.710.010.090.510.13-0.44-0.280.06-0.040.720.3-0.02-0.41-0.030.00.270.280.310.280.41-0.06-0.32
0.90.88-0.29-0.110.690.830.360.780.430.350.420.520.84-0.680.51-0.36-0.360.910.590.280.970.590.310.440.73
0.910.89-0.29-0.140.750.850.460.770.340.260.460.630.85-0.650.62-0.34-0.240.910.690.310.970.680.40.360.62
0.590.59-0.18-0.280.840.480.660.27-0.1-0.44-0.060.620.58-0.220.63-0.620.150.571.00.280.590.680.92-0.240.19
0.270.290.1-0.120.610.170.66-0.05-0.32-0.68-0.220.430.450.160.45-0.610.370.250.910.410.310.40.92-0.51-0.13
0.320.3-0.160.26-0.110.49-0.480.840.60.540.59-0.130.26-0.74-0.16-0.09-0.810.33-0.23-0.060.440.36-0.24-0.510.57
0.780.74-0.69-0.440.430.67-0.070.660.690.640.260.340.35-0.860.3-0.1-0.540.790.18-0.320.730.620.19-0.130.57
Click cells to compare fundamentals

Principal Financial Account Relationship Matchups

Principal Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets291.1B313.5B321.2B303.0B305B207.9B
Short Long Term Debt Total3.8B4.4B4.4B4.1B4.0B2.9B
Other Current Liab(93.4M)(84.7M)(79.8M)19.2M11.9M11.3M
Total Current Liabilities93.4M84.7M79.8M20.5B19.7B20.7B
Total Stockholder Equity14.6B16.6B16.1B10.0B10.9B10.5B
Other Liab254.2B272.2B283.8B253.7B291.7B306.3B
Net Debt1.3B1.5B2.0B(770.3M)(715.7M)(679.9M)
Retained Earnings11.1B11.8B12.9B17.0B16.7B17.5B
Cash2.5B2.8B2.3B4.8B4.7B2.5B
Other Assets139.6B144.5B153.7B288.0B292.3B167.1B
Long Term Debt3.7B4.3B4.3B24.4B3.9B3.5B
Cash And Short Term Investments72.6B81.6B80.5B67.7B27.2B34.5B
Good Will1.7B1.7B1.6B1.6B1.6B954.5M
Common Stock Shares Outstanding281M276.6M272.9M255.3M244.6M238.2M
Short Term Investments70.1B78.7B78.2B62.9B22.5B32.1B
Liabilities And Stockholders Equity291.1B313.5B321.2B303.0B305.0B207.9B
Non Current Liabilities Total5.5B6.6B6.6B261.4B3.9B3.7B
Other Stockholder Equity2.5B2.3B1.6B153.5M(20.3B)(19.3B)
Total Liab276.1B296.6B304.7B292.7B293.8B197.2B
Total Current Assets74.4B83.3B82.3B10.9B4.7B4.5B
Accumulated Other Comprehensive Income1.0B2.4B1.6B(7.2B)14.6B15.3B
Intangible Assets1.8B1.7B1.6B1.5B1.5B1.2B
Property Plant Equipment967.7M1.0B1.0B996.1M1.1B672.2M
Property Plant And Equipment Net967.7M1.0B1.0B996.1M938.4M692.8M
Non Current Assets Total77.1B85.7B85.2B4.1B8.0B7.6B
Non Currrent Assets Other(1.8B)(2.3B)(2.3B)(66.6B)(65.7B)(68.9B)
Net Receivables1.7B1.7B1.8B26.3B24.6B25.8B
Other Current Assets7.3B7.7B6.5B11.5B10.6B10.1B
Property Plant And Equipment Gross759.5M767.3M967.7M1.0B1.2B633.3M
Treasury Stock(7.4B)(7.7B)(8.0B)(8.9B)(8.0B)(7.6B)
Short Term Debt93.4M84.7M79.8M80.7M61.1M58.0M
Noncontrolling Interest In Consolidated Entity67.8M58.4M56.4M41.1M47.3M51.5M
Accounts Payable16.2M22.3M15.5M20.4B19.6B20.6B
Retained Earnings Total Equity11.1B11.8B12.9B17.0B19.6B20.6B
Deferred Long Term Liab1.8B2.3B2.3B1.2B1.4B1.1B
Net Tangible Assets11.4B13.4B13.2B7.1B8.2B10.4B

Principal Financial Investors Sentiment

The influence of Principal Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Principal. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Principal Financial's public news can be used to forecast risks associated with an investment in Principal. The trend in average sentiment can be used to explain how an investor holding Principal can time the market purely based on public headlines and social activities around Principal Financial Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Principal Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Principal Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Principal Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Principal Financial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Principal Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Principal Financial's short interest history, or implied volatility extrapolated from Principal Financial options trading.

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When determining whether Principal Financial is a strong investment it is important to analyze Principal Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Principal Financial's future performance. For an informed investment choice regarding Principal Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Principal Financial information on this page should be used as a complementary analysis to other Principal Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Principal Financial's price analysis, check to measure Principal Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Principal Financial is operating at the current time. Most of Principal Financial's value examination focuses on studying past and present price action to predict the probability of Principal Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Principal Financial's price. Additionally, you may evaluate how the addition of Principal Financial to your portfolios can decrease your overall portfolio volatility.
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Is Principal Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Principal Financial. If investors know Principal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Principal Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
2.6
Earnings Share
2.55
Revenue Per Share
56.634
Quarterly Revenue Growth
(0.15)
The market value of Principal Financial is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal Financial's value that differs from its market value or its book value, called intrinsic value, which is Principal Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Principal Financial's market value can be influenced by many factors that don't directly affect Principal Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Principal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.