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Principal Financial Group Inc

Principal Financial Group Inc

PFG · NASDAQ · Financial Services / Asset Management

113.55USD+0.58 (+0.51%)

Price History

Full chart

Market Stats

Previous Close112.97
Open113.77
Day Range112.22 – 113.79
52-Week Range77.33 – 121.18
Volume953.59K
Market Cap23.80B
P/E (TTM)15.93
Forward P/E9.12
EPS7.02
Dividend Yield3.04%
Beta0.87
50-Day Avg112.09
200-Day Avg103.35

About

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. This segment 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 fund offerings. This segment also offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans. The Benefits and Protection segment provides specialty benefits, such as specialty benefits group dental and vision insurance, group life and other 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. This segment serves insurance solutions for small and medium-sized businesses and their owners, as well as employees. The company was founded in 1879 and is based in Des Moines, Iowa.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMs. Deanna Dawnette Strable-Soethout
  • Employees19.70K
  • Headquarters711 High Street, Des Moines, IA, United States, 50392, USA
  • Websitehttps://www.principal.com

Leadership

  • Ms. Deanna Dawnette Strable-SoethoutPresident, CEO & Chair of the Board · b. 1969
  • Mr. Joel Michael PitzExecutive VP & CFO · b. 1974
  • Ms. Amy Christine FriedrichPresident of Benefits & Protection · b. 1971
  • Mr. Christopher James LittlefieldPresident of Retirement & Income Solutions · b. 1967
  • Mr. Kamal Bhatia C.F.A.President & CEO of Principal Asset Management · b. 1972
  • Ms. Kathleen B. KayExecutive VP & Chief Information Officer · b. 1963
  • Mr. Humphrey LeeVP & Head of Investor Relations
  • Ms. Noreen M. FierroSenior VP and Enterprise Chief Ethics & Compliance Officer · b. 1965
  • Mr. Timothy Wayne Brown B.S., J.D.EVP, General Counsel & Secretary
  • Ms. Bethany A. WoodExecutive VP & Chief Marketing Officer · b. 1965

Financials

Income Statement

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue8.21B7.80B7.63B7.99B8.30B9.01B9.87B10.91B9.94B8.85B9.20B8.67B9.22B9.29B10.48B11.96B12.39B14.09B14.24B16.22B14.74B14.43B17.54B13.67B16.13B15.63B
Growth (%)--4.96%-2.15%+4.73%+3.90%+8.48%+9.61%+10.47%-8.90%-10.94%+3.95%-5.73%+6.28%+0.81%+12.79%+14.19%+3.59%+13.71%+1.02%+13.94%-9.13%-2.13%+21.54%-22.07%+18.02%-3.11%
Cost of Revenue8.02B5.80B5.22B4.86B4.96B5.28B5.69B6.44B6.22B5.33B5.20B4.62B5.12B4.68B5.23B6.70B6.91B7.82B8.19B9.91B8.28B7.35B6.49B7.77B8.77B8.56B
Gross Profit8.21B2.00B2.41B3.13B3.34B3.72B4.18B4.47B3.72B3.51B3.99B4.05B4.09B4.61B5.25B5.27B5.48B6.27B6.04B6.32B6.46B7.08B11.04B5.90B7.35B7.06B
Gross Margin100.00%25.68%31.64%39.17%40.27%41.35%42.34%41.00%37.40%39.72%43.42%46.76%44.40%49.58%50.07%44.02%44.22%44.49%42.46%38.94%43.82%49.04%62.98%43.17%45.59%45.19%
Operating Expense7.59B2.57B2.94B3.59B2.46B2.60B2.85B3.40B3.25B2.77B3.21B3.18B3.13B3.48B3.75B3.84B3.89B4.02B4.26B4.62B4.77B5.16B5.06B5.16B5.46B5.64B
Operating Income620.20M-570.60M-525.70M-458.40M881.60M1.12B1.33B1.07B461.30M745.80M785.70M872.80M960.00M1.12B1.49B1.43B1.59B2.25B1.78B1.69B1.69B1.91B5.99B738.80M1.89B1.42B
Operating Margin7.56%-7.32%-6.89%-5.74%10.62%12.48%13.48%9.83%4.64%8.43%8.54%10.07%10.42%12.10%14.27%11.96%12.84%15.98%12.53%10.44%11.49%13.24%34.14%5.41%11.72%9.06%
EBITDA1.17B-94.30M-276.40M-202.60M1.20B1.23B1.43B1.20B606.30M884.30M950.40M988.60M1.09B1.28B1.66B1.62B1.78B2.45B1.99B1.92B1.95B2.19B6.28B1.01B2.15B1.67B
EBITDA Margin14.26%-1.21%-3.62%-2.54%14.49%13.61%14.51%11.03%6.10%9.99%10.33%11.40%11.85%13.76%15.89%13.57%14.35%17.37%13.97%11.84%13.20%15.15%35.83%7.40%13.31%10.69%
Net Income620.20M358.80M142.30M746.30M825.60M919.00M1.06B860.30M458.10M622.70M662.90M638.30M806.60M912.70M1.14B1.23B1.32B2.31B1.55B1.39B1.40B1.58B4.76B623.20M1.57B1.19B
Net Income Margin7.56%4.60%1.86%9.34%9.94%10.20%10.78%7.89%4.61%7.04%7.21%7.36%8.75%9.83%10.92%10.31%10.62%16.39%10.86%8.59%9.47%10.95%27.13%4.56%9.74%7.58%
R&D---------0000000000-------
R&D as % of Total Revenue---------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense0000000000120.10M0132.70M142.40M134.10M00001.00M1.00M1.00M1.20M1.90M2.60M2.20M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.31%0.00%1.44%1.53%1.28%0.00%0.00%0.00%0.00%0.01%0.01%0.01%0.01%0.01%0.02%0.01%

Balance Sheet

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets84.41B88.35B89.86B107.75B113.80B127.04B143.66B154.52B128.18B137.76B145.63B148.30B161.93B208.19B219.09B218.69B228.01B253.94B243.04B291.05B313.47B304.66B303.00B305.05B313.66B341.38B
Total Liabilities78.15B81.53B83.20B100.35B106.25B119.23B135.80B147.10B125.71B129.74B135.75B138.28B152.09B198.17B208.80B209.22B217.62B240.92B231.19B276.10B296.60B288.20B292.70B293.84B302.19B328.99B
Total Equity6.25B6.82B6.66B7.40B7.54B7.81B7.86B7.42B2.47B7.89B9.73B9.64B9.75B9.68B10.18B9.31B10.23B12.85B11.39B14.62B16.56B16.07B10.30B10.92B11.09B11.88B
Cash927.00M623.80M1.04B1.69B452.50M1.64B1.59B1.34B2.61B2.24B1.88B2.83B4.18B2.37B1.86B2.56B2.72B2.47B2.98B2.52B2.85B2.33B4.85B4.71B4.21B4.43B
Total Debt1.80B1.89B1.90B4.39B1.13B1.38B1.64B1.69B1.79B1.69B1.69B1.67B2.71B2.75B2.56B3.47B3.18B3.22B3.30B3.83B4.36B4.69B24.51B3.99B4.11B3.95B
Net Debt870.00M1.27B858.70M2.69B672.70M-266.10M47.10M345.20M-816.60M-554.20M-185.80M-1.16B-1.47B380.20M695.30M907.10M457.50M747.10M325.00M1.31B1.51B2.36B-770.30M-715.70M-103.90M-477.00M

Cash Flow

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow2.64B3.94B5.56B3.71B2.26B2.38B2.28B2.96B2.22B2.24B2.79B2.71B3.08B2.22B3.10B4.38B3.86B4.19B5.16B5.49B3.74B3.22B3.17B3.79B4.60B4.54B
Investing Cash Flow-1.27B-3.70B-4.08B-2.55B-3.18B-1.61B-3.91B-4.50B-2.92B1.03B27.50M-202.10M-1.61B-1.23B-1.17B-3.17B-5.15B-4.05B-5.70B-7.69B-5.03B-5.66B1.06B-1.35B-5.40B-4.14B
Financing Cash Flow-1.01B-549.20M-1.01B-511.20M182.80M414.50M1.59B1.29B1.96B-3.64B-3.18B-1.55B-126.20M-2.80B-2.44B-508.60M1.45B-384.00M1.05B1.73B1.62B1.92B-1.72B-2.59B300.30M-181.80M
Capital Expenditure303.00M1.35B1.26B1.38B389.40M260.90M79.60M213.60M105.00M26.20M21.50M56.90M38.90M59.40M136.00M136.40M154.90M164.80M92.30M132.40M108.80M129.90M116.30M102.00M68.80M98.00M
Free Cash Flow2.33B2.60B4.30B2.33B1.87B2.12B2.20B2.75B2.12B2.22B2.77B2.66B3.04B2.16B2.97B4.24B3.70B4.02B5.06B5.36B3.63B3.09B3.06B3.69B4.53B4.44B
Dividends Paid-1.18B83.80M145.30M166.50M17.70M24.70M41.20M149.70M192.50M209.20M246.70M264.30M321.40M409.60M457.50M464.90M540.00M598.60M606.00M614.50M654.10M642.30M625.50M658.40M684.00M
FCF to OCF88.51%65.82%77.26%62.80%82.74%89.06%96.51%92.78%95.28%98.83%99.23%97.90%98.74%97.33%95.62%96.88%95.98%96.06%98.21%97.59%97.09%95.96%96.33%97.31%98.51%97.84%
Dividend Paid to FCF-45.35%1.95%6.23%8.92%0.83%1.12%1.50%7.06%8.68%7.55%9.29%8.69%14.87%13.81%10.79%12.56%13.42%11.82%11.30%16.93%21.18%21.01%16.95%14.52%15.41%

Earnings

Report DateNov 7, 2001Feb 6, 2002May 8, 2002Aug 7, 2002Nov 6, 2002Feb 4, 2003May 5, 2003Aug 4, 2003Nov 3, 2003Feb 2, 2004May 3, 2004Aug 2, 2004Nov 1, 2004Feb 7, 2005May 2, 2005Aug 1, 2005Oct 31, 2005Feb 6, 2006May 1, 2006Jul 31, 2006Oct 30, 2006Feb 5, 2007Apr 30, 2007Jul 30, 2007Oct 29, 2007Feb 4, 2008May 5, 2008Aug 4, 2008Nov 3, 2008Feb 9, 2009May 4, 2009Aug 3, 2009Nov 2, 2009Feb 8, 2010May 3, 2010Aug 2, 2010Nov 1, 2010Feb 7, 2011May 2, 2011Aug 1, 2011Oct 27, 2011Feb 2, 2012Apr 26, 2012Jul 26, 2012Oct 25, 2012Jan 31, 2013Apr 25, 2013Jul 25, 2013Oct 24, 2013Feb 3, 2014Apr 24, 2014Jul 24, 2014Oct 23, 2014Jan 29, 2015Apr 23, 2015Jul 23, 2015Oct 22, 2015Feb 1, 2016Apr 28, 2016Jul 28, 2016Oct 27, 2016Jan 30, 2017Apr 27, 2017Jul 27, 2017Oct 26, 2017Jan 29, 2018Apr 26, 2018Jul 26, 2018Oct 25, 2018Jan 29, 2019Apr 25, 2019Jul 25, 2019Oct 24, 2019Jan 28, 2020Apr 27, 2020Jul 27, 2020Oct 26, 2020Jan 28, 2021Apr 27, 2021Jul 27, 2021Oct 26, 2021Feb 7, 2022Apr 28, 2022Aug 8, 2022Oct 27, 2022Jan 30, 2023Apr 27, 2023Jul 27, 2023Oct 26, 2023Feb 12, 2024Apr 25, 2024Jul 25, 2024Oct 24, 2024Feb 6, 2025Apr 24, 2025Jul 28, 2025Oct 27, 2025Feb 9, 2026Apr 23, 2026Jul 27, 2026Oct 26, 2026
EPS Estimate0.540.460.510.530.520.530.550.610.610.310.650.590.570.610.640.660.690.720.760.810.830.880.930.971.001.010.970.950.920.660.660.630.650.660.680.660.630.680.710.720.710.750.730.730.520.740.740.820.870.930.921.011.061.041.051.041.051.050.991.051.121.151.191.221.301.361.351.371.691.291.311.401.451.391.161.301.401.431.341.521.591.651.561.391.451.541.491.651.621.691.731.852.011.931.831.972.202.232.012.332.46
EPS Actual0.460.500.520.530.580.530.630.670.630.460.690.540.660.660.690.760.750.770.850.820.940.930.871.051.170.860.920.970.960.690.630.690.740.620.790.630.680.660.710.730.610.710.700.720.450.820.790.910.900.961.061.081.191.091.091.091.061.020.971.151.151.271.271.311.281.191.401.351.671.111.431.521.231.411.151.460.851.481.531.701.691.851.631.651.691.701.481.531.721.831.651.631.761.941.812.162.102.242.072.502.22
Surprise-14.81%8.70%1.96%0.00%11.54%0.00%14.55%9.84%3.28%48.39%6.15%-8.47%15.79%8.20%7.81%15.15%8.70%6.94%11.84%1.23%13.25%5.68%-6.45%8.25%17.00%-14.85%-5.15%2.11%4.35%4.55%-4.55%9.52%13.85%-6.06%16.18%-4.55%7.94%-2.94%0.00%1.39%-14.08%-5.33%-4.11%-1.37%-13.46%10.81%6.76%10.98%3.45%3.23%15.22%6.93%12.26%4.81%3.81%4.81%0.95%-2.86%-2.02%9.52%2.68%10.43%6.72%7.38%-1.54%-12.50%3.70%-1.46%-1.18%-13.95%9.16%8.57%-15.17%1.44%-0.86%12.31%-39.29%3.50%14.18%11.84%6.29%12.12%4.49%18.70%16.55%10.39%-0.67%-7.27%6.17%8.28%-4.62%-11.89%-12.44%0.52%-1.09%9.64%-4.55%0.45%2.99%7.30%-9.76%
TimingPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap23.80B
Enterprise Value22.91B
Trailing P/E15.93
Forward P/E9.12
PEG Ratio1.06
Price / Sales1.43
Price / Book1.96
EPS7.02
Book Value55.53
Revenue (TTM)16.63B
Gross Profit (TTM)8.05B
EBITDA2.80B
Profit Margin11.89%
Operating Margin19.41%
Return on Equity16.11%
Return on Assets0.47%
Shares Outstanding212.80M
Shares Float211.49M
Beta0.87
Dividend Yield3.04%
Dividend Rate3.40
Payout Ratio29.20%

Analyst Ratings

Hold
Based on 12 analystsTarget 110.33
  • Buy
    2
  • Hold
    8
  • Sell
    2

Ownership Breakdown

Institutions
82.01%
Insiders
1.13%
Retail / Other
16.86%

Top Institutional Holders

  • BlackRock Inc
    20.01M9.35%
  • Nippon Life Insurance Co.
    18.14M8.47%
  • Vanguard Capital Management, LLC
    13.48M6.30%
  • Vanguard Portfolio Management, LLC
    11.27M5.26%
  • State Street Corp
    10.26M4.79%
  • Bank of America Corp
    6.88M3.22%
  • Charles Schwab Investment Management Inc
    6.50M3.04%
  • Capital World Investors
    6.04M2.82%
  • Geode Capital Management, LLC
    5.68M2.65%
  • Dimensional Fund Advisors, Inc.
    3.92M1.83%
  • Amvescap Plc.
    3.77M1.76%
  • Northern Trust Corp
    3.25M1.52%
  • Morgan Stanley - Brokerage Accounts
    2.99M1.40%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    6.80M3.18%
  • American Funds Income Fd of Amer A
    6.00M2.80%
  • Schwab US Dividend Equity ETF™
    5.42M2.53%
  • Vanguard 500 Index Investor
    5.12M2.39%
  • Vanguard MStar Mid Cap Index Instl
    4.58M2.14%
  • iShares Select Dividend ETF
    2.79M1.30%
  • iShares Core S&P 500 ETF
    2.60M1.21%

Dividends

20263×
0.84Sep 3, 20260.82Jun 1, 20260.80Mar 11, 2026
20254×
0.79Dec 3, 20250.78Sep 4, 20250.76Jun 2, 20250.75Mar 12, 2025
20244×
0.73Dec 2, 20240.72Sep 5, 20240.71Jun 3, 20240.69Mar 11, 2024
20234×
0.67Nov 30, 20230.65Sep 6, 20230.64May 31, 20230.64Mar 14, 2023
20224×
0.64Nov 30, 20220.64Sep 7, 20220.64Jun 1, 20220.64Mar 9, 2022
20214×
0.64Nov 30, 20210.63Aug 31, 20210.61Jun 2, 20210.56Feb 26, 2021
20201×
0.56Dec 1, 2020