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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $15.63B | $16.13B | $13.67B | $17.49B | $14.26B | $14.74B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | - | - | $202.90M | $230.00M | $208.00M | $186.60M |
| Operating Income | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $160.50M | $291.70M | $68.70M | $1.21B | $326.20M | $265.00M |
| Net Income | $1.19B | $1.57B | $623.20M | $4.81B | $1.71B | $1.40B |
| EPS - Basic | $5.32 | $6.77 | $2.58 | $19.16 | $6.36 | $5.08 |
| EPS - Diluted | $5.25 | $6.68 | $2.55 | $18.85 | $6.27 | $5.05 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.43B | $4.21B | $4.71B | $4.85B | $2.33B | $2.85B |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $341.38B | $313.66B | $305.05B | $292.24B | $304.66B | $296.63B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $3.93B | $3.96B | $3.93B | $4.00B | $4.28B | $4.28B |
| Total Liabilities | $328.99B | $302.19B | $293.84B | $281.93B | $288.20B | $279.75B |
| Stockholders' Equity | $11.88B | $11.09B | $10.92B | $10.00B | $16.07B | $16.56B |
| Retained Earnings | $18.07B | $17.58B | $16.68B | $17.04B | $12.88B | $11.84B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.54B | $4.60B | $3.79B | $3.17B | $3.22B | $3.74B |
| Investing Cash Flow | ($4.14B) | ($5.40B) | ($1.35B) | $1.06B | ($5.66B) | ($5.03B) |
| Financing Cash Flow | ($181.80M) | $300.30M | ($2.59B) | ($1.72B) | $1.92B | $1.62B |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | 7.6% | 9.7% | 4.6% | 27.5% | 12.0% | 9.5% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 11.9% | 15.7% | 9.9% | 20.1% | 16.0% | 16.0% |
| Return on assets | 0.3% | 0.5% | 0.2% | 1.6% | 0.6% | 0.5% |
| Return on equity | 10.0% | 14.2% | 5.7% | 48.1% | 10.6% | 8.4% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 0.33 | 0.36 | 0.36 | 0.40 | 0.27 | 0.26 |
| Debt / Assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 28.73 | 28.29 | 27.94 | 29.22 | 18.96 | 17.91 |
| Liabilities / Assets | 0.96 | 0.96 | 0.96 | 0.96 | 0.95 | 0.94 |
| Efficiency | ||||||
| Asset turnover | 0.05 | 0.05 | 0.04 | 0.06 | 0.05 | 0.05 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 16.8x | 11.6x | 30.9x | 4.5x | 11.5x | 9.8x |
| P / B | 1.7x | 1.6x | 1.8x | 2.1x | 1.2x | 0.8x |
| P / S | 1.3x | 1.1x | 1.4x | 1.2x | 1.4x | 0.9x |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -3.1% | 18.0% | -21.9% | 22.6% | -3.2% | -9.1% |
| Revenue CAGR (3y) | -3.7% | 4.2% | -2.5% | 2.5% | 0.1% | 1.5% |
| Revenue CAGR (5y) | 1.2% | -0.1% | -0.8% | 4.4% | 2.8% | 4.3% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - |
| Net income growth (YoY) | -24.6% | 152.1% | -87.0% | 181.3% | 22.6% | 0.1% |
| EPS growth (YoY) | -21.4% | 162.0% | -86.5% | 200.6% | 24.2% | 1.8% |
| EPS CAGR (3y) | -34.7% | 2.1% | -20.4% | 56.1% | 5.4% | -13.8% |
| EPS CAGR (5y) | 0.8% | 6.1% | -13.8% | 19.1% | 6.9% | 4.5% |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 7.2% | 1.6% | 9.1% | -37.8% | -3.0% | 13.3% |
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%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✗Asset turnover improved
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 |