PFG
Principal Financial Group Inc
NASDAQ: PFG · FINANCIAL SERVICES · ASSET MANAGEMENT
$99.63
-0.43% today
Updated 2026-04-29
Market cap
$21.56B
P/E ratio
14.29
P/S ratio
1.40x
EPS (TTM)
$6.97
Dividend yield
3.13%
52W range
$72 – $102
Volume
1.7M
Principal Financial Group Inc (PFG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.87B | $10.91B | $9.94B | $8.85B | $9.20B | $8.67B | $9.22B | $9.29B | $10.48B | $11.96B | $12.39B | $14.09B | $14.24B | $16.22B | $14.74B | $14.43B | $17.54B | $13.67B | $16.13B | $15.63B |
| Revenue growth (YoY) | — | +10.5% | -8.9% | -10.9% | +3.9% | -5.7% | +6.3% | +0.8% | +12.8% | +14.2% | +3.6% | +13.7% | +1.0% | +13.9% | -9.1% | -2.1% | +21.5% | -22.1% | +18.0% | -3.1% |
| Cost of revenue | $5.69B | $6.44B | $6.22B | $5.33B | $5.20B | $4.62B | $5.12B | $4.68B | $5.23B | $6.70B | $6.91B | $7.82B | $8.19B | $9.91B | $8.28B | $7.35B | $6.49B | $7.77B | $8.77B | $8.56B |
| Gross profit | $4.18B | $4.47B | $3.72B | $3.51B | $3.99B | $4.05B | $4.09B | $4.61B | $5.25B | $5.27B | $5.48B | $6.27B | $6.04B | $6.32B | $6.46B | $7.08B | $11.04B | $5.90B | $7.35B | $7.06B |
| Gross margin | 42.3% | 41.0% | 37.4% | 39.7% | 43.4% | 46.8% | 44.4% | 49.6% | 50.1% | 44.0% | 44.2% | 44.5% | 42.5% | 38.9% | 43.8% | 49.0% | 63.0% | 43.2% | 45.6% | 45.2% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $2.56B | — | $3.00B | $0.00 | $2.99B | $2.97B | $2.93B | $3.29B | $3.57B | $3.67B | $3.73B | $3.89B | $4.14B | $4.50B | $4.65B | $4.83B | — | — | — | — |
| Operating income | $1.33B | $1.07B | $461.30M | $745.80M | $785.70M | $872.80M | $960.00M | $1.12B | $1.49B | $1.43B | $1.59B | $2.25B | $1.78B | $1.69B | $1.69B | $1.91B | $5.99B | $738.80M | $1.89B | $1.42B |
| Operating margin | 13.5% | 9.8% | 4.6% | 8.4% | 8.5% | 10.1% | 10.4% | 12.1% | 14.3% | 12.0% | 12.8% | 16.0% | 12.5% | 10.4% | 11.5% | 13.2% | 34.1% | 5.4% | 11.7% | 9.1% |
| EBITDA | $1.43B | $1.20B | $606.30M | $884.30M | $950.40M | $992.70M | $1.09B | $1.28B | $1.66B | $1.62B | $1.78B | $2.45B | $1.99B | $1.92B | $1.95B | $2.19B | $6.28B | $1.01B | $2.15B | $1.67B |
| EBITDA margin | 14.5% | 11.0% | 6.1% | 10.0% | 10.3% | 11.4% | 11.9% | 13.8% | 15.9% | 13.6% | 14.3% | 17.4% | 14.0% | 11.8% | 13.2% | 15.2% | 35.8% | 7.4% | 13.3% | 10.7% |
| EBIT | $1.33B | $1.07B | $461.30M | $745.80M | $785.70M | $872.80M | $960.00M | $1.12B | $1.49B | $1.43B | $1.59B | $2.25B | $1.78B | $1.69B | $1.69B | $1.91B | $5.99B | $738.80M | $1.89B | $1.42B |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $120.10M | $0.00 | $132.70M | $142.40M | $134.10M | $0.00 | $0.00 | $0.00 | $0.00 | $1.00M | $1.00M | $1.00M | $1.20M | $1.90M | $2.60M | $2.20M |
| Income tax | $295.90M | $208.10M | $-4.50M | $100.10M | $104.90M | $198.30M | $134.60M | $187.90M | $318.50M | $177.60M | $229.90M | $-72.30M | $230.70M | $249.20M | $265.00M | $283.90M | $1.19B | $68.70M | $291.70M | — |
| Effective tax rate | 21.8% | 19.5% | -1.0% | 13.8% | 13.7% | 23.7% | 14.3% | 17.1% | 21.8% | 12.6% | 14.9% | -3.2% | 13.0% | 15.2% | 16.0% | 15.2% | 20.0% | 9.9% | 15.7% | 0.0% |
| Net income | $1.06B | $860.30M | $458.10M | $622.70M | $662.90M | $638.30M | $806.60M | $912.70M | $1.14B | $1.23B | $1.32B | $2.31B | $1.55B | $1.39B | $1.40B | $1.58B | $4.76B | $623.20M | $1.57B | $1.19B |
| Net income growth (YoY) | — | -19.2% | -46.8% | +35.9% | +6.5% | -3.7% | +26.4% | +13.2% | +25.4% | +7.9% | +6.7% | +75.5% | -33.1% | -9.8% | +0.1% | +13.2% | +201.0% | -86.9% | +152.1% | -24.6% |
| Profit margin | 10.8% | 7.9% | 4.6% | 7.0% | 7.2% | 7.4% | 8.8% | 9.8% | 10.9% | 10.3% | 10.6% | 16.4% | 10.9% | 8.6% | 9.5% | 11.0% | 27.1% | 4.6% | 9.7% | 7.6% |