Principal Financial (PFG) Asset Writedowns and Impairment (2010 - 2018)
Principal Financial (PFG) posted quarterly Asset Writedowns and Impairment of $9.0 million for Q2 2018, down 36.62% year-over-year from $14.2 million in Q2 2017, and down 9.09% quarter-over-quarter from $9.9 million in Q1 2018.
Principal Financial (PFG) Asset Writedowns and Impairment (2010 - 2018) Analysis & Trends
Principal Financial (PFG) has reported Asset Writedowns and Impairment for 9 consecutive years, with $9.0 million the latest figure, recorded in Q2 2018.
- In Q2 2018, Asset Writedowns and Impairment fell 36.62% year-over-year to $9.0 million; the TTM figure through Jun 2018 stood at $57.7 million (down 30.73% YoY), while the FY2017 annual figure was $81.8 million, down 16.87% from the prior year.
- Asset Writedowns and Impairment eased to $9.0 million in Q2 2018 per PFG's latest filing, from $9.9 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $48.1 million in Q1 2016 and bottomed at $6.0 million in Q2 2015.
- Historically, Asset Writedowns and Impairment has averaged $17.1 million across 5 years, with a median of $14.1 million in 2014.
- Annual changes were most pronounced in 2015 — Asset Writedowns and Impairment slumped 73.8% — and 2016, when it soared 541.33%.
- Principal Financial's Asset Writedowns and Impairment stood at $14.0 million in 2014, then plunged by 35.0% to $9.1 million in 2015, then jumped by 218.68% to $29.0 million in 2016, then dropped by 23.45% to $22.2 million in 2017, then tumbled by 59.46% to $9.0 million in 2018.
- Business Quant data shows PFG's Asset Writedowns and Impairment at $9.0 million in Q2 2018, $9.9 million in Q1 2018, and $22.2 million in Q4 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - |
| 10 | Principal Financial | 23.89 Bn | -29.08 Bn | 1.91 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2018 | 9.00 Mn |
| Jun 30, 2018 | 9.00 Mn |
| Mar 31, 2018 | 9.90 Mn |
| Mar 31, 2018 | 9.90 Mn |
| Dec 31, 2017 | 22.20 Mn |
| Dec 31, 2017 | 22.20 Mn |
| Sep 30, 2017 | 16.60 Mn |
| Sep 30, 2017 | 16.60 Mn |
| Jun 30, 2017 | 14.20 Mn |
| Jun 30, 2017 | 14.20 Mn |
| Mar 31, 2017 | 28.80 Mn |
| Mar 31, 2017 | 28.80 Mn |
| Dec 31, 2016 | 29.00 Mn |
| Dec 31, 2016 | 29.00 Mn |
| Sep 30, 2016 | 11.30 Mn |
| Sep 30, 2016 | 11.30 Mn |
| Jun 30, 2016 | 10.00 Mn |
| Jun 30, 2016 | 10.00 Mn |
| Mar 31, 2016 | 48.10 Mn |
| Mar 31, 2016 | 48.10 Mn |