---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-007989"
form_type: "8-K"
ticker: "PFG"
cik: "0001126328"
company_name: "PRINCIPAL FINANCIAL GROUP INC"
filed_at: "2023-01-30T23:59:59+00:00"
generated_at: "2026-06-20T06:25:51.295368+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Principal Financial Q4 GAAP net loss $10M; FY22 net income $4.8B; AUM $635B

## Summary
- Full year 2022 net income $4.8B ($18.85 EPS) includes $3.3B from exited business; Q4 net loss $10M ($0.04 loss) includes $514M loss from exited business.
- Full year non-GAAP operating earnings $1.7B ($6.66 EPS); Q4 non-GAAP op earnings $422M ($1.70 EPS), down from $498M in Q4 2021.
- Deployed $2.8B capital in FY22 ($2.3B to shareholders); Q4 deployed $0.6B ($0.4B to shareholders).
- Declared Q1 2023 dividend $0.64/share (trailing twelve-month $2.56, up 2% YoY), payable Mar 31 to holders of record Mar 15.

## SEC filing metadata
- accession: 0001104659-23-007989
- form_type: 8-K
- ticker: PFG
- cik: 0001126328
- company_name: PRINCIPAL FINANCIAL GROUP INC
- filed_at: 2023-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1126328/000110465923007989/0001104659-23-007989-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1126328/000110465923007989/tm234871d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-007989
- JSON: https://secwatch.observer/filing/0001104659-23-007989.json
- Plain text: https://secwatch.observer/filing/0001104659-23-007989.txt

## Key facts
- Earnings Releases
  PRINCIPAL FINANCIAL GROUP INC reported Full year 2022 results: net income $4.8 billion, EPS $18.85 per diluted share.
  - Period: Full year 2022
  - Net income: $4.8 billion
  - EPS: $18.85 per diluted share
  - Result: reported results
  source text: Full year 2022 net income attributable to PFG of $4.8 billion, or $18.85 per diluted share, includes $3.3 billion of income from exited business.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1126328/000110465923007989/0001104659-23-007989-index.htm
- Earnings Releases
  PRINCIPAL FINANCIAL GROUP INC reported Fourth quarter 2022 results: net income $10 million, EPS $0.04 per diluted share.
  - Period: Fourth quarter 2022
  - Net income: $10 million
  - EPS: $0.04 per diluted share
  - Result: reported results
  source text: Fourth quarter 2022 net loss attributable to Principal Financial Group ® , Inc. (PFG) of $10 million, or $0.04 per diluted share, includes $514 million of loss from exited business.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1126328/000110465923007989/0001104659-23-007989-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.