Principal Financial Group, Inc. (PFG)
NASDAQ: PFG · Real-Time Price · USD
111.41
-0.76 (-0.68%)
Aug 28, 2026, 4:00 PM EDT - Market closed

Principal Financial Group Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
15,69315,62616,12813,66617,53614,428
Revenue Growth
3.72%-3.11%18.02%-22.07%21.54%-2.13%
Operating Income
1,9021,4791,920767.96,1122,009
Net Income
1,5591,1851,571623.24,7571,580
Earnings Per Share
7.035.256.682.5518.635.79
EPS Growth
41.60%-21.41%161.96%-86.31%221.76%14.65%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Retirement and Income Solutions
7,7898,1827,9767,2505,8996,510
Investment Management
1,9051,8881,8211,7501,865-
International Pension
1,013943.2986.11,0551,341-
Eliminations from Principal Asset Management
-22.2-19.8-16.4-22-23.6-26.1
Specialty Benefits
3,6413,5713,4493,2292,9852,710
Life Insurance
1,3921,3951,3411,3241,3192,083
Eliminations from Benefits and Protection
-0.7-0.7-0.8-1.8-0.6-0.2
Corporate
150101.276.876.417.127.9
Revenue (Total)
15,69315,62616,12813,66617,53614,263

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
5,2604,4314,2124,7084,8482,332
Total Debt
4,5514,3264,6584,5994,9024,697
Net Cash (Debt)
708.6104.6-445.6108.4-54.2-2,365
Net Cash Growth
------
Net Cash Per Share
3.200.46-1.890.44-0.21-8.67

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
5,0124,5374,6033,7923,1733,254
Capital Expenditures
-159.8-98-68.8-102-116.3-129.9
Free Cash Flow
4,8524,4394,5343,6903,0573,125
Free Cash Flow Growth
12.78%-2.10%22.86%20.73%-2.17%-13.22%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
12.12%9.47%11.90%5.62%34.86%13.93%
Pretax Margin
11.87%9.06%11.72%5.41%34.14%13.24%
Profit Margin
9.93%7.58%9.74%4.56%27.13%10.95%
FCF Margin
30.92%28.41%28.11%27.01%17.43%21.66%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
3.3603.0802.8502.6002.5602.440
Dividend Per Share Growth
7.62%8.07%9.62%1.56%4.92%8.93%
Dividend Yield
3.02%3.55%3.89%3.62%3.46%3.96%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
15.8616.3511.2730.104.3212.13
Forward PE
11.319.689.4411.0312.4210.64
P/FCF Ratio
4.924.373.915.086.726.14
PS Ratio
1.521.241.101.371.171.33