PFG Stock - Principal Financial Group, Inc.
Unlock GoAI Insights for PFG
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $16.13B | $13.67B | $17.54B | $14.43B | $14.74B |
| Gross Profit | $7.35B | $5.90B | $11.04B | $7.08B | $6.46B |
| Gross Margin | 45.6% | 43.2% | 63.0% | 49.0% | 43.8% |
| Operating Income | $1.89B | $738.80M | $5.99B | $1.91B | $1.69B |
| Net Income | $1.57B | $623.20M | $4.76B | $1.58B | $1.40B |
| Net Margin | 9.7% | 4.6% | 27.1% | 11.0% | 9.5% |
| EPS | $6.77 | $2.58 | $18.94 | $5.87 | $5.08 |
Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides a portfolio of asset accumulation products and services for retirement savings and income. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, and bank products. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, India, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products in the United States. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 23rd 2025 | Morgan Stanley | Upgrade | Equal Weight | $81 |
| January 23rd 2025 | BMO Capital Markets | Initiation | Market Perform | $93 |
| January 7th 2025 | JP Morgan | Upgrade | Overweight | $92← $95 |
| December 18th 2024 | Piper Sandler | Upgrade | Overweight | $90 |
| December 11th 2024 | Wells Fargo | Downgrade | Underweight | $75← $84 |
| December 5th 2024 | Morgan Stanley | Downgrade | Underweight | $80← $86 |
| September 5th 2024 | Barclays | Initiation | Underweight | $74 |
| July 9th 2024 | Raymond James | Upgrade | Strong Buy | $99 |
| July 2nd 2024 | JP Morgan | Upgrade | Neutral | $96← $88 |
| February 15th 2024 | Morgan Stanley | Upgrade | Equal Weight | $75 |
| January 4th 2024 | Evercore ISI | Upgrade | In-line | $83← $82 |
| June 23rd 2023 | Jefferies | Upgrade | Hold | $65← $60 |
| June 9th 2023 | Keefe Bruyette | Upgrade | Market Perform | $75← $77 |
| May 1st 2023 | BofA Securities | Downgrade | Neutral | $78← $81 |
| April 25th 2023 | Wells Fargo | Initiation | Equal Weight | $79 |
Earnings History & Surprises
PFGEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 22, 2026 | — | — | — | — |
Q1 2026 | Feb 5, 2026 | $2.22 | — | — | — |
Q4 2025 | Oct 27, 2025 | $2.18 | $2.10 | -3.7% | ✗ MISS |
Q3 2025 | Jul 28, 2025 | $1.97 | $2.16 | +9.6% | ✓ BEAT |
Q2 2025 | Apr 24, 2025 | $1.82 | $1.81 | -0.5% | ✗ MISS |
Q1 2025 | Feb 6, 2025 | $1.93 | $1.94 | +0.5% | ✓ BEAT |
Q4 2024 | Oct 24, 2024 | $1.99 | $1.76 | -11.6% | ✗ MISS |
Q3 2024 | Jul 25, 2024 | $1.84 | $1.63 | -11.4% | ✗ MISS |
Q2 2024 | Apr 25, 2024 | $1.73 | $1.65 | -4.6% | ✗ MISS |
Q1 2024 | Feb 12, 2024 | $1.70 | $1.83 | +7.6% | ✓ BEAT |
Q4 2023 | Oct 26, 2023 | $1.65 | $1.72 | +4.2% | ✓ BEAT |
Q3 2023 | Jul 27, 2023 | $1.65 | $1.53 | -7.3% | ✗ MISS |
Q2 2023 | Apr 27, 2023 | $1.54 | $1.48 | -3.9% | ✗ MISS |
Q1 2023 | Jan 30, 2023 | $1.52 | $1.70 | +11.8% | ✓ BEAT |
Q4 2022 | Oct 27, 2022 | $1.45 | $1.69 | +16.6% | ✓ BEAT |
Q3 2022 | Aug 8, 2022 | $1.39 | $1.65 | +18.7% | ✓ BEAT |
Q2 2022 | Apr 28, 2022 | $1.56 | $1.63 | +4.5% | ✓ BEAT |
Q1 2022 | Feb 7, 2022 | $1.65 | $1.85 | +12.1% | ✓ BEAT |
Q4 2021 | Oct 26, 2021 | $1.60 | $1.69 | +5.6% | ✓ BEAT |
Q3 2021 | Jul 27, 2021 | $1.51 | $1.70 | +12.6% | ✓ BEAT |
Latest News
Kala Bio Announces On Nov 21,2025 Board Terminated Without Cause The Employment Of CFO Mary Reumuth; Appointed David Lazar As CEO; Board Appointed David Lazar As Principal Financial Officer Of Company
📉 NegativeOn November 10, 2025, CG Oncology's Robert Lapetina Resigned As Interim Financial Officer; Jim Detore Appointed As Principal Financial & Accounting Officer Effective Beginning November 17, 2025
➖ NeutralKeefe, Bruyette & Woods Maintains Market Perform on Principal Financial Group, Raises Price Target to $91
📈 PositiveWells Fargo Maintains Underweight on Principal Financial Group, Raises Price Target to $74
➖ NeutralPrincipal Finl Gr Q3 Adj. EPS $2.10 Misses $2.20 Estimate, Sales $3.898B Miss $4.057B Estimate
📉 NegativePrincipal Finl Gr Q3 Adj. EPS $2.10 Misses $2.20 Estimate
📉 NegativeMorgan Stanley Upgrades Principal Financial Group to Equal-Weight, Raises Price Target to $81
📈 PositiveCapital Bancorp CFO Dominic C. Canuso To Resign Effective October 27th, 2025; Connie Egan Appointed As Principal Financial Officer
➖ NeutralBeasley Broadcast Group Lauren Burrows Coleman Resigns As CFO; Caroline Beasley To Serve As Interim Principal Financial Officer
📉 NegativeKeefe, Bruyette & Woods Maintains Market Perform on Principal Financial Group, Raises Price Target to $90
📈 PositiveEvercore ISI Group Maintains In-Line on Principal Financial Group, Raises Price Target to $94
📈 PositiveDesigner Brands' Jared Poff To Resign As Executive Vice President, Chief Financial Officer Effective October 31, 2025; Mark Haley Named Interim Principal Financial Officer
📉 NegativeBarclays Maintains Underweight on Principal Financial Group, Raises Price Target to $83
➖ NeutralWells Fargo Maintains Underweight on Principal Financial Group, Raises Price Target to $73
➖ NeutralMorgan Stanley Maintains Underweight on Principal Financial Group, Raises Price Target to $80
➖ NeutralPrincipal Financial, Barings Partner To Expand General Account Portfolio At Principal Through Allocation Of Up To $1B In Bespoke Private Investment Grade Portfolio Finance Investments
📈 PositiveIncyte Appoints Thomas Tray As Principal Financial Officer
➖ NeutralOn Sept 30, 4d Molecular Therapeutics Appointed Ashoo Gupta As Principal Financial Officer Effective Immediately
➖ NeutralPostal Realty Trust Appoints Steve Bakke As EVP, CFO And Principal Financial Officer Effective On Or About November 5, 2025
➖ NeutralEnanta Pharmaceuticals Appoints Harry R. Trout As Interim Principal Financial Officer
➖ NeutralFrequently Asked Questions about PFG
What is PFG's current stock price?
What is the analyst price target for PFG?
What sector is Principal Financial Group, Inc. in?
What is PFG's market cap?
Does PFG pay dividends?
Similar Stocks
Financial Services SectorExplore stocks similar to PFG for comparison