
Principal Financial Group, Inc.
NASDAQ•PFG
CEO: Ms. Deanna Dawnette Strable-Soethout
Sector: Financial Services
Industry: Insurance - Diversified
Listing Date: 2001-10-23
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 Asset Management, and Benefits and Protection segments. The Retirement and Income Solutions segment provides retirement, and related financial products and services. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit 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, registered index-linked annuities, and bank products, as well as trust and custody services. The Principal Asset Management segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. It also 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, Asia, China, Hong Kong Special Administrative Region, and Southeast Asia. The Benefits and Protection 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. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as employees. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.
Contact Information
Market Cap
$20.32B
P/E (TTM)
13.0
11.6
Dividend Yield
3.4%
52W High
$92.69
52W Low
$68.39
52W Range
Rank15Top 3.1%
6.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$3.68B+22.25%
4-Quarter Trend
EPS
$0.95-200.00%
4-Quarter Trend
FCF
$979.80M-11.79%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Quarterly Net Income Rebounds Net income attributable to PFG for three months reached $213.8M, reversing prior year's $(220.0)M loss significantly.
Total Quarterly Revenues Increase Total revenues for the quarter grew $670.0M to $3,681.6M, driven by favorable derivative fair value changes.
Nine Month EPS Improvement Diluted earnings per common share for nine months rose to $2.95 from $2.81, reflecting better operational results.
Total Assets Growth Total assets increased to $334.5B as of September 30, 2025, up from $313.7B at December 31, 2024.
Risk Factors
MPF Exit Intangible Impairment Recognized $77.0M loss in net realized capital gains from classifying customer relationship asset as held-for-sale.
Interest Rate Sensitivity Exposure Hypothetical 100 basis point rate increase could cause segment pre-tax operating earnings impact between (1)% and 1%.
Term Life Actuarial Headwinds Unfavorable lapse and mortality assumption updates resulted in $77.2M increase in LFPB for Term Life segment.
Nine Month Capital Losses Net realized capital losses for nine months totaled $(26.0)M, reflecting volatility in investment valuations and sales.
Outlook
Monitoring Global Tax Legislation Evaluating impact of new Public Law 119-21 and monitoring Pillar Two rules on DTA realizability.
Share Repurchase Program Active Board authorized $1.5B common stock repurchase program in February 2025; no expiration date specified for the plan.
Contingent Funding Maintained Maintained access to contingent funding agreements, including $500.0M senior note issuance right expiring 2055.
Peer Comparison
Revenue (TTM)
$18.12B
EG$17.51B
PFG$15.80B
Gross Margin (Latest Quarter)
CRBG81.4%
RF79.8%
KEY66.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| RF | $24.10B | 11.2 | 11.5% | 3.1% |
| KEY | $23.26B | 12.6 | 9.3% | 6.0% |
| L | $21.05B | 14.7 | 8.3% | 11.0% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-8.2%
Growth Under Pressure
4Q Net Income CAGR
-38.2%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Feb 5, 2026
EPS:$2.23
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Oct 29, 2025|Revenue: $3.68B+22.2%|EPS: $0.95-200.0%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Jul 30, 2025|Revenue: $3.67B-14.8%|EPS: $1.81+19.9%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: Apr 30, 2025|Revenue: $3.70B-8.8%|EPS: $0.21-90.7%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 19, 2025|Revenue: $16.13B+18.0%|EPS: $6.77+162.4%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Oct 30, 2024|Revenue: $3.01B-34.5%|EPS: $-0.95-118.4%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Jul 31, 2024|Revenue: $4.31B+21.2%|EPS: $1.51-5.6%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 1, 2024|Revenue: $4.05B+43.8%|EPS: $2.26-510.9%BeatForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 20, 2024|Revenue: $13.67B-22.1%|EPS: $2.58-86.4%Miss