The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

PFG

Concerning the House

Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection segments. The Retirement and Income Solutions segment provides retirement, and related financial products and services. This segment offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, registered index-linked annuities, and bank products, as well as trust and custody services. The Principal Asset Management segment provides equity, fixed income, real estate, and other alternative investments, as well as fund offerings. This segment also offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans. The Benefits and Protection segment provides specialty benefits, such as specialty benefits group dental and vision insurance, group life and other insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products. This segment serves insurance solutions for small and medium-sized businesses and their owners, as well as employees. The company was founded in 1879 and is based in Des Moines, Iowa.

United States · www.principal.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$15.63B+2.9%
Net income$1.57B+3.8%
Cash from ops$3.79B-1.2%
Quotation

$114.93

+1.16 (+1.0%)

52w hi$115.41
52w lo$74.89
Vol545.02K
As ofAug 13
The Verdict

Hold

Our score +0.37

Short+0.29
Medium+0.44
Long+0.38

computed 2026-08-13

By the Numbers

Principal Financial Group, Inc.

Financial Services · Asset Management

Market cap$24.61B
Enterprise value$23.29B
Trailing P/E16.37x
Forward P/E11.08x
EV / EBITDA10.82x
P / S (ttm)1.57x
Profit margin9.9%
Return on equity12.9%
Revenue growth+6.4%
Earnings growth+2.8%
Debt / equity35.31
Risk Metrics
Beta vs SPX0.99
Corr SPX0.63
Annual vol25.4%
Annual ret+25.0%
Sharpe0.98
Max DD-23.8%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.27
Sector+0.09
Technical+0.24
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$114.17$115.01$113.75$114.93545.02K
Aug 12$113.04$113.93$112.47$113.771.07M
Aug 11$112.66$113.74$111.00$113.031.03M
Aug 10$112.66$114.39$112.53$113.811.15M
Aug 7$114.48$114.74$113.05$113.401.28M