Principal Financial (PFG) Non-Current Deferred Tax Liability (2014 - 2026)
Principal Financial's Non-Current Deferred Tax Liability came in at $1.93 billion for Q2 2026, up 9.2% from $1.77 billion a year earlier and up 3.6% from the prior quarter.
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Analysis
Principal Financial (PFG) Non-Current Deferred Tax Liability (2014 - 2026) Analysis & Trends
At the end of FY2025, Principal Financial's Non-Current Deferred Tax Liability was $1.86 billion, up 8.8% from FY2024.
- Non-Current Deferred Tax Liability has increased in each of the last three years, though with a five-year compound annual growth rate of -4.4% (FY2020 to FY2025).
- Going back by year, Non-Current Deferred Tax Liability was $1.71 billion in FY2024 (+5.7%), $1.61 billion in FY2023 (+21.8%), $1.32 billion in FY2022 (-42.9%) and $2.32 billion in FY2021 (-0.5%).
- The Q2 2026 figure represents the highest quarterly Non-Current Deferred Tax Liability since Q4 2021.
- Year-over-year, Non-Current Deferred Tax Liability has increased for 12 consecutive quarters, with growth averaging 6.7% over the last eight quarters.
- The fastest year-over-year change in Non-Current Deferred Tax Liability over five years came in Q3 2023 (growth of 37.3%), and the weakest in Q3 2022 (a decline of 54.0%).
- Business Quant data shows PFG's Non-Current Deferred Tax Liability at $1.86 billion (Q1 2026), $1.86 billion (Q4 2025) and $1.79 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn |
| 10 | Principal Financial | 24.03 Bn | 903.68 Mn | 1.91 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.93 Bn |
| Mar 31, 2026 | 1.86 Bn |
| Dec 31, 2025 | 1.86 Bn |
| Sep 30, 2025 | 1.79 Bn |
| Jun 30, 2025 | 1.77 Bn |
| Mar 31, 2025 | 1.79 Bn |
| Dec 31, 2024 | 1.71 Bn |
| Sep 30, 2024 | 1.77 Bn |
| Jun 30, 2024 | 1.74 Bn |
| Mar 31, 2024 | 1.73 Bn |
| Dec 31, 2023 | 1.61 Bn |
| Sep 30, 2023 | 1.48 Bn |
| Jun 30, 2023 | 1.41 Bn |
| Mar 31, 2023 | 1.42 Bn |
| Dec 31, 2022 | 1.32 Bn |
| Sep 30, 2022 | 1.08 Bn |
| Jun 30, 2022 | 1.42 Bn |
| Mar 31, 2022 | 1.37 Bn |
| Dec 31, 2021 | 2.32 Bn |
| Sep 30, 2021 | 2.35 Bn |
API Access
Principal Financial Non-Current Deferred Tax Liability API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-deferred-tax-liability&ticker=PFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "ticker": "PFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-deferred-tax-liability&ticker=PFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();