Principal Financial Group, Inc. (PFG) Net Income CAGR:42.64%(TTM)
Net income CAGR uses precomputed financial statement history.
Over longer horizons, Principal Financial Group, Inc.'s Net Income CAGR averages -28.74% over 3 years and -0.93% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Net income CAGR shows how Principal Financial Group, Inc.'s bottom-line profitability has grown. This reflects the company's ability to convert revenue into profits after all expenses.
PFG Net Income CAGR Chart
Principal Financial Group, Inc. (PFG)
PFG Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
PFG Net Income CAGR History
| Year | Start Net Income | End Net Income | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $1.57B | $1.19B | $-385.90M | -24.56% | -24.56% |
| 2024 | $623.20M | $1.57B | +$947.80M | +152.09% | +152.09% |
| 2023 | $4.76B | $623.20M | $-4.13B | -86.90% | -86.90% |
| 2022 | $1.58B | $4.76B | +$3.18B | +201.03% | +201.03% |
| 2021 | $1.40B | $1.58B | +$184.40M | +13.21% | +13.21% |
| 2020 | $1.39B | $1.40B | +$1.60M | +0.11% | +0.11% |
| 2019 | $1.55B | $1.39B | $-152.30M | -9.85% | -9.85% |
| 2018 | $2.31B | $1.55B | $-763.90M | -33.06% | -33.06% |
| 2017 | $1.32B | $2.31B | +$993.90M | +75.50% | +75.50% |
| 2016 | $1.23B | $1.32B | +$82.50M | +6.69% | +6.69% |
| 2015 | $1.14B | $1.23B | +$89.90M | +7.86% | +7.86% |
| 2014 | $912.70M | $1.14B | +$231.40M | +25.35% | +25.35% |
| 2013 | $806.60M | $912.70M | +$106.10M | +13.15% | +13.15% |
| 2012 | $638.30M | $806.60M | +$168.30M | +26.37% | +26.37% |
| 2011 | $662.90M | $638.30M | $-24.60M | -3.71% | -3.71% |
| 2010 | $622.70M | $662.90M | +$40.20M | +6.46% | +6.46% |
| 2009 | $458.10M | $622.70M | +$164.60M | +35.93% | +35.93% |
| 2008 | $860.30M | $458.10M | $-402.20M | -46.75% | -46.75% |
| 2007 | $1.06B | $860.30M | $-204.00M | -19.17% | -19.17% |
| 2006 | $919.00M | $1.06B | +$145.30M | +15.81% | +15.81% |
| 2005 | $825.60M | $919.00M | +$93.40M | +11.31% | +11.31% |
| 2004 | $746.30M | $825.60M | +$79.30M | +10.63% | +10.63% |
| 2003 | $142.30M | $746.30M | +$604.00M | +424.46% | +424.46% |
| 2002 | $358.80M | $142.30M | $-216.50M | -60.34% | -60.34% |
| 2001 | $620.20M | $358.80M | $-261.40M | -42.15% | -42.15% |
Quarterly Net Income: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $412.90M | -20.1% | +758.4% |
| Q4 2025 | $517.00M | +141.8% | -42.9% |
| Q3 2025 | $213.80M | -47.4% | — |
| Q2 2025 | $406.20M | +744.5% | +15.0% |
| Q1 2025 | $48.10M | -94.7% | -91.0% |
| Q4 2024 | $905.40M | — | — |
| Q3 2024 | -$220.00M | — | — |
| Q2 2024 | $353.10M | -33.7% | -9.2% |
| Q1 2024 | $532.50M | — | — |
| Q4 2023 | -$871.70M | — | — |
| Q3 2023 | $1.25B | +220.5% | -5.3% |
| Q2 2023 | $388.80M | — | -87.5% |
| Q1 2023 | -$140.10M | — | — |
| Q4 2022 | -$9.50M | — | — |
| Q3 2022 | $1.32B | -57.8% | +265.6% |
| Q2 2022 | $3.12B | +820.8% | +762.0% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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