Principal Financial Group (PFG) Financials: History & Chart

Principal Financial Group, Inc. (PFG)PFGPrincipal Financial Group, Inc.

About Principal Financial Group, Inc.

Principal Financial Group, Inc. engages in the investment management offering business. It offers financial products and services to businesses, individuals, and institutional clients. It operates its business through the following segments: Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. The Retirement and Income Solutions Segment offers a comprehensive portfolio of products and services for retirement savings along with select products for retirement income. The Principal Asset Management segment provides global investment solutions to institutional, retirement, retail and high net worth investors in the U.S. and select emerging markets. The Benefits and Protection segment includes selling individual life insurance products. The company was founded by Edward A. Temple in 1879 and is headquartered in Des Moines, IA.

Des Moines, IA

19,700 employees

www.principal.com

Financial Services / Asset Management

Sector: Financial Services
Industry: Asset Management
CEO: Deanna Dawnette Strable-Soethout

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	15.46B	3.53B	4.58B	3.68B	3.67B	3.70B	4.75B	3.01B	4.31B
Cost of Goods Sold	7.93B	1.63B	2.43B	2.03B	1.85B	2.26B	2.24B	1.95B	2.52B
Gross Profit	7.52B	1.90B	2.15B	1.65B	1.82B	1.44B	2.51B	1.06B	1.79B
Gross Profit Margin	48.7%	53.9%	46.9%	44.9%	49.6%	38.9%	52.8%	35.1%	41.5%
Total Operating Expenses	5.61B	1.38B	1.51B	1.40B	1.32B	1.41B	1.40B	1.35B	1.34B
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Income (EBIT)	1.91B	522.90M	635.60M	248.40M	503.10M	28.90M	1.11B	-293.80M	443.90M
Operating Margin	12.4%	14.8%	13.9%	6.7%	13.7%	0.8%	23.4%	-9.8%	10.3%
Income Before Tax (EBT)	1.87B	481.80M	635.60M	248.40M	503.10M	28.90M	1.11B	-293.80M	443.90M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Income/Expense	-41.10M	-41.10M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	1.55B	412.90M	517.00M	213.80M	406.20M	48.10M	905.40M	-220.00M	353.10M
Income Tax Expense	263.40M	68.90M	110.40M	14.50M	69.60M	-34.00M	209.90M	-100.40M	87.10M
Net Profit Margin	10.0%	11.7%	11.3%	5.8%	11.1%	1.3%	19.1%	-7.3%	8.2%
EBITDA	1.91B	522.90M	635.60M	248.40M	503.10M	28.90M	1.11B	-293.80M	454.30M
EBITDA Margin	12.4%	14.8%	13.9%	6.7%	13.7%	0.8%	23.4%	-9.8%	10.5%
Depreciation & Amortization	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10.40M
EPS Basic	7.01	1.93	2.32	0.95	1.81	0.21	4.00	-0.95	1.51
EPS Diluted	6.98	1.93	2.32	0.94	1.79	0.21	3.92	-0.95	1.49
Shares Outstanding	220.30M	220.30M	222.40M	224.10M	224.10M	224.97M	226.23M	230.70M	233.80M
Diluted Shares Outstanding	220.30M	220.30M	222.40M	226.50M	226.50M	224.97M	231.20M	230.70M	236.60M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	15.63B	16.13B	13.67B	17.54B	14.43B	14.74B	16.22B	14.24B
Cost of Goods Sold	8.56B	8.77B	7.77B	6.49B	7.35B	8.28B	9.91B	8.19B
Gross Profit	7.06B	7.35B	5.90B	11.04B	7.08B	6.46B	6.32B	6.04B
Gross Profit Margin	45.2%	45.6%	43.2%	63.0%	49.0%	43.8%	38.9%	42.5%
Total Operating Expenses	5.64B	5.46B	5.16B	5.06B	5.16B	4.77B	4.62B	4.26B
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	0.00	0.00	0.00	0.00	0.00	4.65B	4.50B	4.14B
Operating Income (EBIT)	1.42B	1.89B	738.80M	5.99B	1.91B	1.69B	1.69B	1.78B
Operating Margin	9.1%	11.7%	5.4%	34.1%	13.2%	11.5%	10.4%	12.5%
Income Before Tax (EBT)	1.42B	1.89B	738.80M	5.99B	1.91B	1.69B	1.69B	1.78B
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	2.20M	2.60M	1.90M	1.20M	1.00M	1.00M	N/A	N/A
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	1.19B	1.57B	623.20M	4.76B	1.58B	1.40B	1.39B	1.55B
Income Tax Expense	160.50M	291.70M	68.70M	1.19B	283.90M	265.00M	249.20M	230.70M
Net Profit Margin	7.6%	9.7%	4.6%	27.1%	11.0%	9.5%	8.6%	10.9%
EBITDA	1.67B	2.15B	1.01B	6.28B	2.19B	1.95B	1.92B	1.99B
EBITDA Margin	10.7%	13.3%	7.4%	35.8%	15.2%	13.2%	11.8%	14.0%
Depreciation & Amortization	251.40M	256.20M	272.70M	295.90M	275.30M	251.90M	226.80M	205.10M
EPS Basic	5.32	6.77	2.58	18.94	5.87	5.08	5.00	5.41
EPS Diluted	5.25	6.68	2.55	18.63	5.79	5.05	4.96	5.35
Shares Outstanding	225.70M	226.23M	236.44M	251.10M	269.00M	274.70M	278.60M	285.80M
Diluted Shares Outstanding	225.70M	226.23M	244.60M	255.30M	272.90M	276.60M	281.00M	288.80M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.