Principal Return On Tangible Assets from 2010 to 2024

PFG Stock  USD 79.12  1.94  2.39%   
Principal Financial's Return On Tangible Assets are decreasing over the last several years with very volatile swings. Return On Tangible Assets are predicted to flatten to 0. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.00206411
Current Value
0.001961
Quarterly Volatility
0.00325518
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Principal Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Principal main balance sheet or income statement drivers, such as Depreciation And Amortization of 231.1 M, Interest Expense of 1.8 M or Total Revenue of 12.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.96, Dividend Yield of 0.0228 or PTB Ratio of 1.62. Principal financial statements analysis is a perfect complement when working with Principal Financial Valuation or Volatility modules.
  
This module can also supplement Principal Financial's financial leverage analysis and stock options assessment as well as various Principal Financial Technical models . Check out the analysis of Principal Financial Correlation against competitors.

Latest Principal Financial's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Principal Financial Group over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Principal Financial's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Principal Financial's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Principal Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation54.04
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.000011
Range0.0139
R-Value(0.04)
Mean Square Error0.000011
R-Squared0
Significance0.87
Slope(0.000033)
Total Sum of Squares0.0001

Principal Return On Tangible Assets History

2024 0.001961
2023 0.002064
2022 0.0159
2021 0.004969
2020 0.004502
2019 0.004848
2018 0.006427

About Principal Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Principal Financial income statement, its balance sheet, and the statement of cash flows. Principal Financial investors use historical funamental indicators, such as Principal Financial's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Principal Financial investors may use each financial statement separately, they are all related. The changes in Principal Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Principal Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Principal Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Principal Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0  0 

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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 the analysis of Principal Financial Correlation against competitors.
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Principal Stock analysis

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
2.65
Earnings Share
2.55
Revenue Per Share
62.226
Quarterly Revenue Growth
0.438
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.