Principal Financial Group

Industry: Life Insurance

Fortune Rank: 266

Principal Financial Group is a provider of retirement savings, investment and insurance products and services to 15 million customers worldwide. PFG also offers life and health insurance and residential mortgages in the U.S. For the 6 months ended 6/30/05, total revenues rose 9% to $4.34B. Net income from cont. ops. before accounting change rose 47% to $428.8M. Revenues reflect an increase in premiums. Net income also reflects higher margins.

Principal Financial Group, Inc. (PFG) is a provider of retirement savings, investment and insurance products and services with $168.7 billion in assets under management and approximately 15 million customers worldwide as of December 31, 2004. The Company's United States and international operations concentrate primarily on asset management and accumulation. In addition, it offers a range of individual and group life insurance, group health insurance, and individual and group disability insurance. PFG organizes its businesses into three operating segments: U.S. Asset Management and Accumulation; International Asset Management and Accumulation; Life and Health Insurance, and Corporate and other segment. On July 1, 2004, the Company closed the sale of Principal Residential Mortgage, Inc. to CitiMortgage, Inc.

Principal Financial Group

Principal Financial Group is a Fortune 500 company. In 2010 Principal Financial Group was ranked number 266 on the Fortune 500 list, making it the 266th largest company in the United States when judged by revenue.

Principal Financial Group achieved revenue of $8,849.10 million in 2010 and earned a profit of $622.70 million.

Principal Financial Group' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 266th compared to 273rd in 2009. This was based on its 2009 revenue of $9,936 million (a change of -1 million compared to 2010) and profits of $458 million (a change of $165 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Principal Financial Group would be ranked 192nd rather than 266th due to its profits of $623 in 2010.

Principal Financial Group Revenue* Profit* Fortune Ranking

* US$ Million

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