Principal Financial Group, Inc. (PFG) vs T. Rowe Price Group, Inc. (TROW)
A side-by-side comparison of Principal Financial Group, Inc. and T. Rowe Price Group, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
PFG
Principal Financial Group, Inc.
$113.92Financial ServicesDelayed quote: Sep 23, 2026, 4:00 PM EDT
TROW
T. Rowe Price Group, Inc.
$104.57Financial ServicesDelayed quote: Sep 23, 2026, 4:00 PM EDT
Total return — PFG vs TROW
growth of $100 · dividends reinvested · last 10yPFG +237.5% (+12.9%/yr)TROW +130.8% (+8.7%/yr)PFG compounded faster over this window
PFG TROW
PFG vs TROW: by the numbers
- •PFG is the larger company ($24.39B vs $22.41B market cap).
- •TROW trades at the lower trailing earnings multiple (10.49 vs 16.20 P/E), one valuation lens rather than an overall verdict.
- •TROW converts more revenue to profit (29.26% vs 9.86% net margin).
- •PFG grew revenue faster over the past five years (2.57% vs 1.39% CAGR).
- •TROW pays the higher dividend yield (4.77% vs 2.75%).
Metrics side by side
Valuation
| Metric | PFG | TROW |
|---|---|---|
| P/E ratio | 16.20 | 10.49 |
| Forward P/E | 11.88 | 10.25 |
| P/S ratio | 1.55 | 2.95 |
| P/B ratio | 2.01 | 2.04 |
Profitability
| Metric | PFG | TROW |
|---|---|---|
| Gross margin | 48.54% | 62.67% |
| Operating margin | 12.13% | 30.27% |
| Net margin | 9.86% | 29.26% |
| ROE | 12.74% | 20.19% |
Dividends
| Metric | PFG | TROW |
|---|---|---|
| Dividend yield | 2.75% | 4.77% |
| Payout ratio | 45.38% | 51.55% |
Growth (annualized)
| Metric | PFG | TROW |
|---|---|---|
| Revenue CAGR (5Y) | 2.57% | 1.39% |
| EPS CAGR (5Y) | 0.93% | -1.68% |
| Total return CAGR (5Y) | 16.37% | -9.21% |
Frequently asked
- Which has the lower trailing P/E, PFG or TROW?
- TROW has the lower trailing P/E: PFG trades at 16.20 and TROW at 10.49. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, PFG or TROW?
- Over the past five years, PFG grew revenue faster — PFG at a 2.57% CAGR versus TROW at 1.39%.
- Does PFG or TROW pay a bigger dividend?
- PFG yields 2.75% and TROW yields 4.77% based on trailing dividends and the latest price.
- Is PFG or TROW more profitable?
- TROW runs the higher net margin — PFG at 9.86% versus TROW at 29.26%.
- How have PFG and TROW total returns compared?
- Over the past 10 years, PFG delivered 13.28% and TROW delivered 8.74% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Principal Financial P/E ratioT. Rowe Price P/E ratioPrincipal Financial dividend yieldT. Rowe Price dividend yieldPrincipal Financial ROET. Rowe Price ROEPrincipal Financial operating marginT. Rowe Price operating marginPrincipal Financial revenue growthT. Rowe Price revenue growth
Principal Financial & T. Rowe Price appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.