PFG · Principal Financial Group Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.53B | - | $3.68B | $3.67B | $3.70B | - | $3.01B | $4.31B | $4.05B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $68.90M | - | $14.50M | $69.60M | ($34.00M) | - | ($100.40M) | $87.10M | $95.10M | - |
| Net Income | $424.60M | - | $213.80M | $406.20M | $48.10M | - | ($220.00M) | $353.10M | $532.50M | - |
| EPS - Basic | $1.96 | - | $0.96 | $1.81 | $0.21 | - | ($0.95) | $1.51 | $2.26 | - |
| EPS - Diluted | $1.93 | - | $0.95 | $1.79 | $0.21 | - | ($0.95) | $1.49 | $2.22 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.05B | $4.43B | $5.14B | $3.66B | $3.88B | $4.21B | $6.17B | $4.82B | $4.17B | $4.71B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $332.70B | $341.38B | $334.49B | $323.10B | $313.00B | $313.66B | $322.86B | $308.78B | $308.68B | $305.05B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $3.93B | $3.93B | $3.92B | $3.92B | $4.32B | $3.96B | $3.93B | $3.93B | $3.93B | $3.93B |
| Total Liabilities | $320.31B | $328.99B | $322.36B | $311.25B | $301.41B | $302.19B | $311.26B | $297.44B | $297.08B | $293.84B |
| Stockholders' Equity | $11.82B | $11.88B | $11.67B | $11.42B | $11.22B | $11.09B | $11.24B | $11.01B | $11.19B | $10.92B |
| Retained Earnings | $18.32B | $18.07B | $17.73B | $17.69B | $17.46B | $17.58B | $16.85B | $17.24B | $17.05B | $16.68B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $187.10M | - | - | - | $977.30M | - | - | - | $584.20M | - |
| Investing Cash Flow | ($959.80M) | - | - | - | ($952.70M) | - | - | - | ($1.34B) | - |
| Financing Cash Flow | $395.70M | - | - | - | ($360.80M) | - | - | - | $219.70M | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 12.0% | - | 5.8% | 11.1% | 1.3% | - | -7.3% | 8.2% | 13.1% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 14.0% | - | 6.4% | 14.6% | -241.1% | - | - | 19.8% | 15.2% | - |
| Return on assets | 0.1% | - | 0.1% | 0.1% | 0.0% | - | -0.1% | 0.1% | 0.2% | - |
| Return on equity | 3.6% | - | 1.8% | 3.6% | 0.4% | - | -2.0% | 3.2% | 4.8% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.33 | 0.33 | 0.34 | 0.34 | 0.39 | 0.36 | 0.35 | 0.36 | 0.35 | 0.36 |
| Debt / Assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 28.16 | 28.73 | 28.67 | 28.30 | 27.90 | 28.29 | 28.73 | 28.04 | 27.60 | 27.94 |
| Liabilities / Assets | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 |
| Efficiency | ||||||||||
| Asset turnover | 0.01 | - | 0.01 | 0.01 | 0.01 | - | 0.01 | 0.01 | 0.01 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 46.7x | - | 87.3x | 44.4x | 401.8x | - | - | 52.7x | 38.9x | - |
| P / B | 1.7x | - | 1.6x | 1.6x | 1.7x | - | 1.8x | 1.7x | 1.8x | - |
| P / S | 5.6x | - | 5.1x | 4.9x | 5.2x | - | 6.6x | 4.3x | 5.1x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -4.5% | - | 22.2% | -14.8% | -8.8% | - | -34.5% | 21.2% | 43.8% | - |
| Revenue CAGR (3y) | 7.8% | - | -7.2% | -18.0% | 5.9% | - | -4.2% | 6.8% | 8.1% | - |
| Revenue CAGR (5y) | 1.9% | - | 2.1% | 3.3% | -4.1% | - | -7.5% | 1.6% | 1.6% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | 782.7% | - | - | 15.0% | -91.0% | - | - | -9.2% | - | - |
| EPS growth (YoY) | 819.0% | - | - | 20.1% | -90.5% | - | - | -5.7% | - | - |
| EPS CAGR (3y) | - | - | -44.3% | -46.9% | -47.2% | - | - | 4.1% | 5.9% | - |
| EPS CAGR (5y) | 0.6% | - | 2.2% | 4.3% | -27.4% | - | - | 1.7% | 7.7% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 5.3% | 7.2% | 3.8% | 3.6% | 0.3% | 1.6% | 5.3% | 6.5% | 9.5% | 9.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$15.27B totalSegment Retirement And Income Solutions$8.18B · 53.6%
Segment Benefits And Protection$4.97B · 32.5%
Segment Principal Asset Management$2.81B · 18.4%
Segment Corporate($686.90M) · -4.5%
Product / service
$1.97B totalManagement Service$1.59B · 80.8%
Administrative Service$587.50M · 29.8%
Financial Service Other$165.60M · 8.4%
Deposit Account$13.30M · 0.7%
Commission Income$5.90M · 0.3%
Products And Services Eliminations($393.10M) · -19.9%
Peer comparison
Same SIC group: Accident & Health Insurance
Comparing PRINCIPAL FINANCIAL GROUP INC against the 4 most active filers in the same SIC group.
Dividends
$3.19/share trailing 12 months · +7.8% YoY
| Ex-date | Per share |
|---|---|
| Jun 1, 2026 | $0.8200 |
| Mar 11, 2026 | $0.8000 |
| Dec 3, 2025 | $0.7900 |
| Sep 4, 2025 | $0.7800 |
| Jun 2, 2025 | $0.7600 |
| Mar 12, 2025 | $0.7500 |
| Dec 2, 2024 | $0.7300 |
| Sep 5, 2024 | $0.7200 |
| Jun 3, 2024 | $0.7100 |
| Mar 11, 2024 | $0.6900 |
| Nov 30, 2023 | $0.6700 |
| Sep 6, 2023 | $0.6500 |
| May 31, 2023 | $0.6400 |
| Mar 14, 2023 | $0.6400 |
| Nov 30, 2022 | $0.6400 |
| Sep 7, 2022 | $0.6400 |
| Jun 1, 2022 | $0.6400 |
| Mar 9, 2022 | $0.6400 |
| Nov 30, 2021 | $0.6400 |
| Aug 31, 2021 | $0.6300 |
| Jun 2, 2021 | $0.6100 |
| Feb 26, 2021 | $0.5600 |
| Dec 1, 2020 | $0.5600 |
| Aug 31, 2020 | $0.5600 |