GoAI
Get started
Principal Financial Group, Inc. logo

Principal Financial Group, Inc.

PFG

NASDAQFinancial ServicesAsset Management

Open in GoAI

Regular session

$111.52

+$0.7664 · +0.69%

Aug 24, 11:18 AM ET

PFG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

92

Deep Value

Momentum

60

Neutral

Sentiment

64

Bullish

Risk resilience

81

Low Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Principal Financial Group, Inc. engages in the investment management offering business. It offers financial products and services to businesses, individuals, and institutional clients. It operates its business through the following segments: Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. The Retirement and Income Solutions Segment offers a comprehensive portfolio of products and services for retirement savings along with select products for retirement income. The Principal Asset Management segment provides global investment solutions to institutional, retirement, retail and high net worth investors in the U.S. and select emerging markets. The Benefits and Protection segment includes selling individual life insurance products. The company was founded by Edward A. Temple in 1879 and is headquartered in Des Moines, IA.

Industry
Asset Management
Sector
Financial Services
Headquarters
US
CEO
Deanna Dawnette Strable-Soethout
Listed since
Oct 23, 2001
Employees
19,700

Market position

Day range

Current $111.52

52-week range

Current $111.52

Open
$111
Previous close
$110.75
Volume
82.86K
0.06× average
Average volume
1.34M
Average daily volume
Market cap
23.88B USD
Beta
0.88
Market reference 1
50-day average
$111.68
-0.15% below average
200-day average
$97.4097
+14.48% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
19.43B USD
P/E (TTM)
15.84×
P/B (TTM)
2.01×
P/S (TTM)
1.52×
EV / EBITDA
11.64×
Earnings yield
5.95%
Free cash flow yield
22.30%
Dividend yield
2.86%

Profitability & efficiency

Gross margin
48.54%
Operating margin
12.13%
Net margin
9.86%
Return on equity
9.97%
Return on assets
0.35%
Return on invested capital
0.39%

Financial health

Debt / equity
0.36×
Current ratio
3.21×
Altman Z-score
0.14
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends69%45%22%-1%Gross margin, FY2021: 49.04%Gross margin, FY2022: 62.98%Gross margin, FY2023: 43.17%Gross margin, FY2024: 45.59%Gross margin, FY2025: 45.19%Operating margin, FY2021: 13.24%Operating margin, FY2022: 34.14%Operating margin, FY2023: 5.41%Operating margin, FY2024: 11.72%Operating margin, FY2025: 9.06%Net margin, FY2021: 10.95%Net margin, FY2022: 27.13%Net margin, FY2023: 4.56%Net margin, FY2024: 9.74%Net margin, FY2025: 7.58%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 49.04%. Gross margin FY2022 62.98%. Gross margin FY2023 43.17%. Gross margin FY2024 45.59%. Gross margin FY2025 45.19%. Operating margin FY2021 13.24%. Operating margin FY2022 34.14%. Operating margin FY2023 5.41%. Operating margin FY2024 11.72%. Operating margin FY2025 9.06%. Net margin FY2021 10.95%. Net margin FY2022 27.13%. Net margin FY2023 4.56%. Net margin FY2024 9.74%. Net margin FY2025 7.58%.

Income trends

Revenue

15.63B USD-3.11%

Operating income

1.42B USD-25.06%

Net income

1.19B USD-24.56%
Income trends across reported periods19.23B USD12.46B USD5.7B USD−1.07B USDRevenue, FY2021: 14.43B USDRevenue, FY2022: 17.54B USDRevenue, FY2023: 13.67B USDRevenue, FY2024: 16.13B USDRevenue, FY2025: 15.63B USDOperating income, FY2021: 1.91B USDOperating income, FY2022: 5.99B USDOperating income, FY2023: 738.8M USDOperating income, FY2024: 1.89B USDOperating income, FY2025: 1.42B USDNet income, FY2021: 1.58B USDNet income, FY2022: 4.76B USDNet income, FY2023: 623.2M USDNet income, FY2024: 1.57B USDNet income, FY2025: 1.19B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 14.43B USD. Revenue FY2022 17.54B USD. Revenue FY2023 13.67B USD. Revenue FY2024 16.13B USD. Revenue FY2025 15.63B USD. Operating income FY2021 1.91B USD. Operating income FY2022 5.99B USD. Operating income FY2023 738.8M USD. Operating income FY2024 1.89B USD. Operating income FY2025 1.42B USD. Net income FY2021 1.58B USD. Net income FY2022 4.76B USD. Net income FY2023 623.2M USD. Net income FY2024 1.57B USD. Net income FY2025 1.19B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue15.63B USD16.13B USD13.67B USD17.54B USD14.43B USD
Cost of goods sold8.56B USD8.77B USD7.77B USD6.49B USD7.35B USD
Gross profit7.06B USD7.35B USD5.9B USD11.04B USD7.08B USD
Operating expenses5.65B USD5.46B USD5.16B USD5.06B USD5.16B USD
Interest expense2.2M USD2.6M USD1.9M USD1.2M USD1M USD
Depreciation and amortization251.4M USD256.2M USD272.7M USD295.9M USD275.3M USD
Operating income1.42B USD1.89B USD738.8M USD5.99B USD1.91B USD
Net income1.19B USD1.57B USD623.2M USD4.76B USD1.58B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
-0.62%
11 comparable reports
Latest EPS result
2.5
Estimate 2.34 · Beat by 6.84%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.622.322.011.71Q1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 1.94, estimate 1.93, surprise +0.52%, Beat. Q2 2025, reported Apr 24, 2025: actual 1.81, estimate 1.82, surprise -0.55%, Miss. Q3 2025, reported Jul 28, 2025: actual 2.16, estimate 1.97, surprise +9.64%, Beat. Q4 2025, reported Oct 27, 2025: actual 2.1, estimate 2.2, surprise -4.55%, Miss. Q1 2026, reported Feb 9, 2026: actual 2.19, estimate 2.23, surprise -1.79%, Miss. Q2 2026, reported Apr 23, 2026: actual 2.07, estimate 2.01, surprise +2.99%, Beat. Q3 2026, reported Jul 27, 2026: actual 2.5, estimate 2.34, surprise +6.84%, Beat. Q4 2026, reported Oct 26, 2026: actual —, estimate 2.52, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates4.94B4.41B3.87B3.33BQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 4.75B USD, estimate 4.12B USD, surprise +15.35%, Beat. Q2 2025, reported Apr 24, 2025: actual 3.7B USD, estimate 4.01B USD, surprise -7.72%, Miss. Q3 2025, reported Jul 28, 2025: actual 3.67B USD, estimate 3.98B USD, surprise -7.82%, Miss. Q4 2025, reported Oct 27, 2025: actual 3.68B USD, estimate 4.14B USD, surprise -11.16%, Miss. Q1 2026, reported Feb 9, 2026: actual 4.46B USD, estimate 4.12B USD, surprise +8.15%, Beat. Q2 2026, reported Apr 23, 2026: actual 3.52B USD, estimate 4.12B USD, surprise -14.56%, Miss. Q3 2026, reported Jul 27, 2026: actual 4B USD, estimate 4.14B USD, surprise -3.38%, Miss. Q4 2026, reported Oct 26, 2026: actual —, estimate 4.25B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$105.78

5.14% downside
Past 12 months12-month forecastHigh $125Average $105.78Low $92.00

Rating distribution

25 ratings
Strong buy00%
Buy520%
Hold1456%
Sell624%
Strong sell00%

Recent analyst actions

12 institutions

PFG news

247wallst.com

4 High-Yield Stocks That Hand the IRS Nothing Inside a Roth

Hidden Tax Cost Most Investors Miss At the 24% federal ordinary-income bracket for 2026, every $10,000 of dividends collected in a taxable brokerage account can hand up to $2,400 back to the IRS. Inside a Roth IRA, that…

Read source
247wallst.com

5 High-Yield Dividend Stocks for Retirement Income

Retirement income is a math problem before it is a stock-picking problem. With the 10-year Treasury yielding 4.69% as of August 20, 2026, dividend equities have to earn their spot in a retiree portfolio through a…

Read source
247wallst.com

How a 77-Year-Old Collects $9,700 a Month Without Selling a Single Share

Generating nearly $10,000 a month in retirement income without ever touching principal sounds like a math problem with one answer, but the yield you chase determines whether your portfolio survives the next decade or…

Read source
defenseworld.net

BlackRock Inc. Takes $2.16 Billion Position in Principal Financial Group, Inc. $PFG

BlackRock Inc. bought a new stake in shares of Principal Financial Group, Inc. (NASDAQ: PFG) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.…

Read source
defenseworld.net

AssuredPartners Investment Advisors LLC Buys New Holdings in Principal Financial Group, Inc. $PFG

AssuredPartners Investment Advisors LLC purchased a new stake in shares of Principal Financial Group, Inc. (NASDAQ: PFG) in the second quarter, according to the company in its most recent 13F filing with the SEC. The…

Read source
defenseworld.net

Principal Financial Group, Inc. $PFG Position Boosted by Handelsbanken Fonder AB

Handelsbanken Fonder AB increased its position in Principal Financial Group, Inc. (NASDAQ: PFG) by 72.8% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$3.08

2025 complete year+26.2% since 2021

2026 partial: $1.62

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 3, 2026

$0.84

Quarterly

Record Sep 3, 2026 · Payment Sep 25, 2026

Dividend

Ex-dividend Jun 1, 2026

$0.82

Quarterly

Record Jun 1, 2026 · Payment Jun 26, 2026

Dividend

Ex-dividend Mar 11, 2026

$0.80

Quarterly

Record Mar 11, 2026 · Payment Mar 27, 2026

Dividend

Ex-dividend Dec 3, 2025

$0.79

Quarterly

Record Dec 3, 2025 · Payment Dec 19, 2025

Dividend

Ex-dividend Sep 4, 2025

$0.78

Quarterly

Record Sep 4, 2025 · Payment Sep 26, 2025

Dividend

Ex-dividend Jun 2, 2025

$0.76

Quarterly

Record Jun 2, 2025 · Payment Jun 27, 2025

PFG peers

Interactive Brokers Group, Inc. logo

IBKR

Interactive Brokers Group, Inc.

$94.275

+0.43%

CME Group Inc. logo

CME

CME Group Inc.

$278.43

+1.25%

Robinhood Markets, Inc. logo

HOOD

Robinhood Markets, Inc.

$107.25

-0.81%

Strive Inc. Perp. Pfd. Series A logo

SATA

Strive Inc. Perp. Pfd. Series A

$100.01

-0.01%

Nasdaq, Inc. logo

NDAQ

Nasdaq, Inc.

$98.7687

+0.56%

PayPal Holdings, Inc. logo

PYPL

PayPal Holdings, Inc.

$62.0988

+0.89%

ETFs holding PFG

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
782M
Weight
0.03%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$376.77-0.39%
Schwab U.S. Dividend Equity ETF logoSchwab U.S. Dividend Equity ETFSCHD
Market value
590.9M
Weight
0.53%
AUM
112B USD
Expense ratio
0.06%
Price / 1D
$35.125+0.04%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
586.47M
Weight
0.03%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$701.11-0.37%
Vanguard Morningstar Mid-Cap ETF logoVanguard Morningstar Mid-Cap ETFVO
Market value
531.54M
Weight
0.24%
AUM
224.7B USD
Expense ratio
0.03%
Price / 1D
$82.625-0.42%
iShares Select Dividend ETF logoiShares Select Dividend ETFDVY
Market value
308.77M
Weight
1.29%
AUM
23.86B USD
Expense ratio
0.38%
Price / 1D
$164.23+0.08%
iShares Core S&P 500 ETF logoiShares Core S&P 500 ETFIVV
Market value
290.97M
Weight
0.03%
AUM
891.84B USD
Expense ratio
0.03%
Price / 1D
$766.35-0.38%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
270.15M
Weight
0.03%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$762.75-0.39%
Vanguard Morningstar Value ETF logoVanguard Morningstar Value ETFVTV
Market value
234.07M
Weight
0.09%
AUM
256.5B USD
Expense ratio
0.03%
Price / 1D
$225.95-0.20%

Continue in GoAI

Research PFG

research.disclaimer