Ticker League

Principal Financial Group (PFG) Cash Flow Waterfall

Trace Principal Financial Group's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$3.75B

Capex

−$115.40M

Free Cash Flow

$3.63B

FCF Margin

+96.9%

Cash flow waterfall for Principal Financial Group (PFG) — TTM through Q1 2026

Free cash flow: $3.63B

Note: Other Investing is large — driven mainly by acquisitions and investment activity.

Cash flow breakdown for Principal Financial Group (PFG) — TTM through Q1 2026

  • Operating Cash Flow$3.75B
  • Capital Expenditure−$115.40M
  • Free Cash Flow$3.63B
  • Other Investing−$4.03B
  • Share Buybacks−$897.40M
  • Dividends Paid−$688.50M
  • Net Debt Change−$411.80M
  • Other Financing & FX$2.58B
  • Net Cash Increase$178.30M
Want to see what drove the FCF change?Free Cash Flow Bridge

Frequently asked questions

Data & methodology