logo
Twitter
Discord
Email
logo
Principal Financial Group, Inc.

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
711 High Street, Des Moines, IA, 50392, United States
515-247-5111
www.principal.com
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
94%
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)

Loews CorporationL
$18.12B
+6.8%
Everest Group, Ltd.EG
$17.51B
+8.6%
Principal Financial Group, Inc.PFG
$15.80B
+12.3%

Gross Margin (Latest Quarter)

Corebridge Financial, Inc.CRBG
81.4%
+51.9pp
Regions Financial CorporationRF
79.8%
+8.8pp
KeyCorpKEY
66.0%
+25.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
RF$24.10B11.211.5%3.1%
KEY$23.26B12.69.3%6.0%
L$21.05B14.78.3%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%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 30, 2025|
    Revenue: $3.67B-14.8%
    |
    EPS: $1.81+19.9%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: Apr 30, 2025|
    Revenue: $3.70B-8.8%
    |
    EPS: $0.21-90.7%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 19, 2025|
    Revenue: $16.13B+18.0%
    |
    EPS: $6.77+162.4%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Oct 30, 2024|
    Revenue: $3.01B-34.5%
    |
    EPS: $-0.95-118.4%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Jul 31, 2024|
    Revenue: $4.31B+21.2%
    |
    EPS: $1.51-5.6%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 1, 2024|
    Revenue: $4.05B+43.8%
    |
    EPS: $2.26-510.9%
    Beat
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 20, 2024|
    Revenue: $13.67B-22.1%
    |
    EPS: $2.58-86.4%
    Miss