Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 14.82% is 22% above its 5-year average of 12.12%, around the middle of its 5-year range (-41.15%–59.58%).
As of the fiscal period ended Tuesday, March 31, 2026. 48.35% above its 12-month average of 9.99%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
14.82%
OPERATING MARGIN AVG TTM
9.99%
OPERATING MARGIN AVG 3Y
10.79%
OPERATING MARGIN AVG 5Y
12.20%
OPERATING MARGIN AVG 10Y
12.07%
OPERATING MARGIN AVG 15Y
12.26%
OPERATING MARGIN AVG 20Y
11.40%
CURRENT VS TTM AVG
+48.35%
CURRENT VS 3Y AVG
+37.33%
CURRENT VS 5Y AVG
+21.45%
CURRENT VS 10Y AVG
+22.76%
CURRENT VS 15Y AVG
+20.83%
CURRENT VS 20Y AVG
+29.93%
SECTOR MEDIAN · FINANCIAL SERVICES
22.96%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
-35.47%
vs the sector median at left
Principal Financial Group, Inc.
Market Cap
$24.45B
Operating Margin
14.82%
TTM Avg
9.99%
3Y Avg
10.79%
5Y Avg
12.20%
Market Cap
$25.11B
Operating Margin
23.57%
TTM Avg
23.05%
3Y Avg
23.22%
5Y Avg
25.99%
Market Cap
$23.71B
Operating Margin
28.47%
TTM Avg
28.76%
3Y Avg
28.02%
5Y Avg
27.63%
Market Cap
$25.56B
Operating Margin
30.18%
TTM Avg
31.41%
3Y Avg
32.53%
5Y Avg
37.12%
Market Cap
$26.33B
Operating Margin
29.77%
TTM Avg
26.83%
3Y Avg
30.14%
5Y Avg
31.51%
Market Cap
$26.82B
Operating Margin
29.83%
TTM Avg
24.40%
3Y Avg
15.24%
5Y Avg
19.88%
Market Cap
$27.32B
Operating Margin
13.69%
TTM Avg
16.23%
3Y Avg
15.58%
5Y Avg
14.10%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Principal Financial Group, Inc. (PFG) | $24.45B | 14.82% | 9.99% | 10.79% | 12.20% |
| KeyCorp (KEY)vs › | $24.40B | 18.05% | 8.61% | 14.51% | 20.70% |
| Loews Corporation (L)vs › | $23.95B | 12.62% | 11.71% | 11.02% | 8.19% |
| Synchrony Financial (SYF)vs › | $25.11B | 23.57% | 23.05% | 23.22% | 25.99% |
| Brown & Brown, Inc. (BRO)vs › | $23.71B | 28.47% | 28.76% | 28.02% | 27.63% |
| T. Rowe Price Group, Inc. (TROW)vs › | $25.56B | 30.18% | 31.41% | 32.53% | 37.12% |
| Regions Financial Corporation (RF)vs › | $26.33B | 29.77% | 26.83% | 30.14% | 31.51% |
| Cincinnati Financial Corporation (CINF)vs › | $26.82B | 29.83% | 24.40% | 15.24% | 19.88% |
| W. R. Berkley Corporation (WRB)vs › | $27.32B | 13.69% | 16.23% | 15.58% | 14.10% |
| Global Payments Inc. (GPN)vs › | $21.56B | 16.21% | 20.86% | 21.67% | 20.60% |
Gross Margin
48.7%
Operating Margin
14.8%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-03-31 | 14.82% |
| 2025-12-31 | 13.89% |
| 2025-09-30 | 6.75% |
| 2025-06-30 | 13.70% |
| 2025-03-31 | 0.78% |
| 2024-12-31 | 23.41% |
| 2024-09-30 | -9.76% |
| 2024-06-30 | 10.30% |
| 2024-03-31 | 15.47% |
| 2023-12-31 | -41.15% |
| 2023-09-30 | 34.90% |
| 2023-06-30 | 12.75% |
| 2023-03-31 | -7.54% |
| 2022-12-31 | 0.16% |
| 2022-09-30 | 35.47% |
| 2022-06-30 | 59.58% |
| 2022-03-31 | 12.22% |
| 2021-12-31 | 14.89% |
| 2021-09-30 | 12.50% |
| 2021-06-30 | 12.22% |
| 2021-03-31 | 19.13% |
| 2020-12-31 | 15.71% |
| 2020-09-30 | 8.31% |
| 2020-06-30 | 16.01% |
| 2020-03-31 | 7.21% |
| 2019-12-31 | 9.17% |
| 2019-09-30 | 7.75% |
| 2019-06-30 | 11.34% |
| 2019-03-31 | 14.05% |
| 2018-12-31 | 6.44% |
| 2018-09-30 | 13.09% |
| 2018-06-30 | 15.93% |
| 2018-03-31 | 15.85% |
| 2017-12-31 | 9.72% |
| 2017-09-30 | 25.02% |
| 2017-06-30 | 11.50% |
| 2017-03-31 | 13.58% |
| 2016-12-31 | 10.85% |
| 2016-09-30 | 13.15% |
| 2016-06-30 | 13.22% |
| 2016-03-31 | 14.48% |
| 2015-12-31 | 11.01% |
| 2015-09-30 | 11.39% |
| 2015-06-30 | 9.04% |
| 2015-03-31 | 17.24% |
| 2014-12-31 | 10.91% |
| 2014-09-30 | 15.85% |
| 2014-06-30 | 15.63% |
| 2014-03-31 | 15.19% |
| 2013-12-31 | 11.60% |
| 2013-09-30 | 14.30% |
| 2013-06-30 | 12.01% |
| 2013-03-31 | 10.53% |
| 2012-12-31 | 11.58% |
| 2012-09-30 | 7.08% |
| 2012-06-30 | 10.83% |
| 2012-03-31 | 13.26% |
| 2011-12-31 | 9.40% |
| 2011-09-30 | 7.22% |
| 2011-06-30 | 13.51% |
| 2011-03-31 | 11.77% |
| 2010-12-31 | 11.11% |
| 2010-09-30 | 7.14% |
| 2010-06-30 | 7.06% |
| 2010-03-31 | 11.32% |
| 2009-12-31 | 7.59% |
| 2009-09-30 | 10.94% |
| 2009-06-30 | 9.17% |
| 2009-03-31 | 5.94% |
| 2008-12-31 | -2.65% |
| 2008-09-30 | 4.26% |
| 2008-06-30 | 7.99% |
| 2008-03-31 | 8.29% |
| 2007-12-31 | -1.17% |
| 2007-09-30 | 11.64% |
| 2007-06-30 | 14.57% |
| 2007-03-31 | 12.56% |
| 2006-12-31 | 12.62% |
| 2006-09-30 | 13.51% |
| 2006-06-30 | 12.06% |
| 2006-03-31 | 15.54% |
| 2005-12-31 | 11.26% |
| 2005-09-30 | 12.91% |
| 2005-06-30 | 12.86% |
| 2005-03-31 | 13.04% |
| 2004-12-31 | 12.30% |
| 2004-09-30 | 11.27% |
| 2004-06-30 | 8.24% |
| 2004-03-31 | 10.41% |
| 2003-12-31 | 6.68% |
| 2003-09-30 | 11.38% |
| 2003-06-30 | 10.36% |
| 2003-03-31 | 9.67% |
| 2002-12-31 | 5.41% |
| 2002-09-30 | 2.25% |
| 2002-06-30 | 4.69% |
