Principal Financial Group (PFG)

Financials · $24.8B market cap · SEC CIK 0001126328

Next reports on Feb 8, 2027, after the close, with analysts expecting $2.42 in earnings per share.

52-week range $80.00 to $121.18. 4% below its 52-week high and 45% above its low.

The case for PFG

• Earnings per share up 42.0%.
• Pays a 3.7% dividend while you wait.

The case against

• Value is weak (36/100): 15.9× earnings against a fair 16× for its growth, 1.6× sales.
• Growth is weak (27/100): revenue +3.3%, EPS +42.0%, +1.7% a year over five years.
• Net margin of 10% is thinner than 85% of Financials companies.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Financials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Its debt and cash flow are not scored, as for every company in the Financials sector: for banks, insurers and brokers, borrowing is the business.
• Each factor except momentum is half fixed thresholds, half rank among the 76 Financials companies.

The financials

The financials, five years deep

Pulled from Principal Financial Group's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What Principal Financial Group says it does

Principal Financial Group, Inc. (“PFG”) is a leader in global financial services offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and workplace benefits and protection solutions through our diverse family of financial services companies. We had $1,814.6 billion in assets under administration (“AUA”), including $781.0 billion in assets under management (“AUM”) as of December 31, 2025. Our global asset management businesses serve a broad range of institutional, retirement, high net worth, and retail investors worldwide. Our focused investment teams provide diverse, long-term investment capabilities including equity, fixed income, real estate, and other alternative investments, as well as fund offerings. Our international asset management and accumulation businesses focus on the opportunities created as aging populations around the world…

Risk factors PFG lists in its 10-K

• Adverse capital and credit market conditions may significantly affect our ability to meet liquidity needs, as well as our access to capital and cost of capital
• Conditions in the global capital markets, including the equity, bond or real estate markets and the economy generally may materially and adversely affect our business and results of operations
• Changes in interest rates or credit spreads or a prolonged low interest rate environment may adversely affect our results of operations, financial condition and liquidity and our net income can vary from period to period
• Our investment portfolio’s risks may reduce asset values, credited returns and overall financial performance
• Any impairments of, or valuation allowances against, our deferred tax assets could adversely affect our results of operations and financial condition
• We may face losses on our insurance and annuity products if our actual experience differs significantly from our pricing and reserving assumptions
• The pattern of amortizing our DAC asset and other actuarial balances may change, impacting both the level of our DAC asset and other actuarial balances and the timing of our net income
• Changes in laws or regulations may reduce our profitability or impact how we do business
• Our ability to pay stockholder dividends, make share repurchases and meet our obligations may be constrained by the limitations on dividends or other distributions Iowa insurance laws impose on Principal Life
• Litigation and regulatory investigations may affect our financial strength or reduce our profitability
• Damage to our reputation may adversely affect our revenues and profitability
• We may not be able to protect our intellectual property and may be subject to infringement claims
• From time to time, we may become subject to tax audits, tax litigation or similar proceedings, and as a result we may owe additional taxes, interest and penalties in amounts that may be material
• Applicable laws and our certificate of incorporation and by-laws may discourage takeovers and business combinations that some stockholders might consider in their best interests
• Our risk management framework may not identify or mitigate all risks, potentially leading to unexpected losses
• Client terminations or withdrawals or changes in investor preferences may lead to a reduction in revenues for our asset management and accumulation businesses
• Our international businesses face political, legal, operational and other risks that could reduce our profitability in those businesses
• We face risks arising from fraudulent activities
• We face risks arising from vendor failures or data breaches
• We face risks arising from our participation in joint ventures
• We may need to fund deficiencies in our Closed Block assets
• Our reinsurers could default on their obligations or increase their rates, which could adversely impact our net income and financial condition
• We face risks arising from future acquisitions of businesses
• We face risks in administering coinsurance with funds withheld reinsurance agreements
• Our financial results may be adversely impacted by global climate changes
• Catastrophic events could adversely affect our operations, net income or financial condition

Filings

Other Financials companies