Principal Financial Group, Inc. (PFG) FCF Payout Ratio: 19.83%
Is Principal Financial Group, Inc.’s FCF payout ratio high or low?
Principal Financial Group, Inc.'s FCF payout ratio of 19.83% is 12% above its 5-year average of 17.67%, near the high end of its 5-year range (14.52%–21.18%).
32.50% above its 12-month average of 14.97%.
PFG FCF Payout Ratio Chart
PFG Average FCF Payout Ratio Chart
PFG Current vs Average FCF Payout Ratio Chart
PFG FCF Payout Ratio Metrics
FCF PAYOUT RATIO
19.83%
FCF PAYOUT RATIO AVG TTM
14.97%
FCF PAYOUT RATIO AVG 3Y
16.97%
FCF PAYOUT RATIO AVG 5Y
17.67%
FCF PAYOUT RATIO AVG 10Y
15.08%
FCF PAYOUT RATIO AVG 15Y
13.76%
FCF PAYOUT RATIO AVG 20Y
11.39%
CURRENT VS TTM AVG
+32.50%
CURRENT VS 3Y AVG
+16.83%
CURRENT VS 5Y AVG
+12.25%
CURRENT VS 10Y AVG
+31.49%
CURRENT VS 15Y AVG
+44.16%
CURRENT VS 20Y AVG
+74.03%
Payout Ratio Comparison
FCF Payout Ratio
19.8%
Earnings Payout Ratio
60.0%
Dividend Yield
2.87%
FCF Yield
14.84%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $4.44B | $684.00M | 15.4% |
| 2024 | $4.53B | $658.40M | 14.5% |
| 2023 | $3.69B | $625.50M | 16.9% |
| 2022 | $3.06B | $642.30M | 21.0% |
| 2021 | $3.09B | $654.10M | 21.2% |
| 2020 | $3.63B | $614.50M | 16.9% |
| 2019 | $5.36B | $606.00M | 11.3% |
| 2018 | $5.06B | $598.60M | 11.8% |
| 2017 | $4.02B | $540.00M | 13.4% |
| 2016 | $3.70B | $464.90M | 12.6% |
| 2015 | $4.24B | $457.50M | 10.8% |
| 2014 | $2.97B | $409.60M | 13.8% |
| 2013 | $2.16B | $321.40M | 14.9% |
| 2012 | $3.04B | $264.30M | 8.7% |
| 2011 | $2.66B | $246.70M | 9.3% |
| 2010 | $2.77B | $209.20M | 7.6% |
| 2009 | $2.22B | $192.50M | 8.7% |
| 2008 | $2.12B | $149.70M | 7.1% |
| 2007 | $2.75B | $41.20M | 1.5% |
| 2006 | $2.20B | $24.70M | 1.1% |
| 2005 | $2.12B | $17.70M | 0.8% |
| 2004 | $1.87B | $166.50M | 8.9% |
| 2003 | $2.33B | $145.30M | 6.2% |
| 2002 | $4.30B | $83.80M | 1.9% |
| 2001 | $2.60B | $1.18B | 45.3% |
| 2000 | $2.33B | $0 | 0.0% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Principal Financial Group, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Principal Financial Group, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Principal Financial Group, Inc. (PFG)?
- The FCF payout ratio for PFG stock is 19.83%.
- Is Principal Financial Group, Inc.'s FCF payout ratio high or low?
- Principal Financial Group, Inc.'s FCF payout ratio of 19.83% is 12% above its 5-year average of 17.67%, near the high end of its 5-year range (14.52%–21.18%).
- What is the TTM average FCF payout ratio for Principal Financial Group, Inc. (PFG)?
- The TTM average FCF payout ratio for PFG stock is 14.97%.
- What is the 3Y average FCF payout ratio for Principal Financial Group, Inc. (PFG)?
- The 3Y average FCF payout ratio for PFG stock is 16.97%.
- What is the 5Y average FCF payout ratio for Principal Financial Group, Inc. (PFG)?
- The 5Y average FCF payout ratio for PFG stock is 17.67%.
- What is the 10Y average FCF payout ratio for Principal Financial Group, Inc. (PFG)?
- The 10Y average FCF payout ratio for PFG stock is 15.08%.
- What is the 15Y average FCF payout ratio for Principal Financial Group, Inc. (PFG)?
- The 15Y average FCF payout ratio for PFG stock is 13.76%.
- What is the 20Y average FCF payout ratio for Principal Financial Group, Inc. (PFG)?
- The 20Y average FCF payout ratio for PFG stock is 11.39%.
Principal Financial Group, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 15.41% |
| 2024-12-31 | 14.52% |
| 2023-12-31 | 16.95% |
| 2022-12-31 | 21.01% |
| 2021-12-31 | 21.18% |
| 2020-12-31 | 16.93% |
| 2019-12-31 | 11.30% |
| 2018-12-31 | 11.82% |
| 2017-12-31 | 13.42% |
| 2016-12-31 | 12.56% |
| 2015-12-31 | 10.79% |
| 2014-12-31 | 13.81% |
| 2013-12-31 | 14.87% |
| 2012-12-31 | 8.69% |
| 2011-12-31 | 9.29% |
| 2010-12-31 | 7.55% |
| 2009-12-31 | 8.68% |
| 2008-12-31 | 7.06% |
| 2007-12-31 | 1.50% |
| 2006-12-31 | 1.12% |
| 2005-12-31 | 0.83% |
| 2004-12-31 | 8.92% |
| 2003-12-31 | 6.23% |
| 2002-12-31 | 1.95% |
| 2001-12-31 | 45.35% |
About Principal Financial Group, Inc.
Principal Financial Group, Inc., established in 1879 and headquartered in Des Moines, Iowa, is a global financial services organization. It offers a comprehensive suite of retirement plans, investment management expertise, and insurance policies to a diverse clientele, including businesses, individual investors, and institutional clients worldwide. The company's operations are divided into four primary segments: 1. Retirement and Income Solutions: This division is dedicated to facilitating retirement savings and income generation through various asset accumulation products and services. Its offerings encompass plans like 401(k)s and 403(b)s, traditional defined benefit pensions, specialized executive benefits, employee stock ownership plans, equity compensation, and pension risk transfer services. Additionally, it provides individual retirement accounts, investment-only products, mutual funds, individual variable annuities, and banking services. 2. Principal Global Investors: This segment manages a wide array of investment portfolios, spanning equities, fixed income, real estate, and alternative investments. It also provides strategic services such as asset allocation, stable value management, and other structured investment methodologies. 3. Principal International: Focused on specific international markets, including Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, India, and Southeast Asia, this segment delivers products for pension accumulation, mutual funds, asset management, income annuities, life insurance accumulation, and voluntary savings programs. 4. U.S. Insurance Solutions: Within the United States, this segment delivers various insurance products. These include specialty group benefits like dental, vision, and life insurance, as well as both group and individual disability coverage, alongside the administration of these group benefits. It also offers individual life insurance options, such as universal, variable universal, indexed universal, and term policies. Furthermore, this segment tailors insurance solutions for small and medium-sized businesses, their owners, and executives.
- Sector
- Financial Services
- Industry
- Asset Management
- CEO
- Deanna Dawnette Strable-Soethout