Principal Financial (PFG) Asset Writedowns and Impairment (2010 - 2018)

Principal Financial (PFG) has reported Asset Writedowns and Impairment for 9 consecutive years, with $9.0 million the latest figure, recorded in Q2 2018.

• On a quarterly basis, Asset Writedowns and Impairment fell 36.62% year-over-year to $9.0 million in Q2 2018; TTM through Jun 2018 was $57.7 million, a 30.73% decrease from a year earlier, with the FY2017 full-year figure at $81.8 million, down 16.87% from the prior year.
• Asset Writedowns and Impairment was $9.0 million for Q2 2018 at Principal Financial, down from $9.9 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $48.1 million in Q1 2016 and troughed at $6.0 million in Q2 2015.
• A 5-year average of $17.1 million and a median of $14.1 million in 2014 frame the typical range for Asset Writedowns and Impairment.
• Across the five-year window, Asset Writedowns and Impairment tumbled 73.8% in 2015 and surged 541.33% in 2016, its largest moves.
• Over 5 years, Asset Writedowns and Impairment stood at $14.0 million in 2014, then plunged by 35.0% to $9.1 million in 2015, then surged by 218.68% to $29.0 million in 2016, then decreased by 23.45% to $22.2 million in 2017, then tumbled by 59.46% to $9.0 million in 2018.
• The last three Asset Writedowns and Impairment figures came in at $9.0 million (Q2 2018), $9.9 million (Q1 2018), and $22.2 million (Q4 2017), per Business Quant data.