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.

Compare

Total returnPFG vs TROW

growth of $100 · dividends reinvested · last 10y
PFG +237.5% (+12.9%/yr)TROW +130.8% (+8.7%/yr)PFG compounded faster over this window
100200300400Start $10020182020202220242026$337$231
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

MetricPFGTROW
P/E ratio16.2010.49
Forward P/E11.8810.25
P/S ratio1.552.95
P/B ratio2.012.04

Profitability

MetricPFGTROW
Gross margin48.54%62.67%
Operating margin12.13%30.27%
Net margin9.86%29.26%
ROE12.74%20.19%

Dividends

MetricPFGTROW
Dividend yield2.75%4.77%
Payout ratio45.38%51.55%

Growth (annualized)

MetricPFGTROW
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.

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.