Inside the research

Principal Financial Group, Inc.

PFG Research profile · latest available data

Price overview

$114.77

▲ +0.62 (+0.5%)

52w hi$118.51
52w lo$75.78
Vol1.24M
As of25 Sep 2026

The Verdict

Hold

Our score +0.41

Short+0.45
Medium+0.43
Long+0.28

computed 2026-09-27

Key fundamentals

Principal Financial Group, Inc.

Financial Services · Asset Management

Market cap$24.57B
Enterprise value$23.50B
Trailing P/E16.35x
Forward P/E11.05x
EV / EBITDA10.92x
P / S (ttm)1.57x
Profit margin9.9%
Return on equity12.9%
Revenue growth+6.4%
Earnings growth+2.8%
Debt / equity35.31

Layer Breakdown

LayerRawContribution
Fundamental+0.27
Sector+0.02
Technical+0.32
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

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

Risk Metrics

Beta vs SPX0.99
Corr SPX0.62
Annual vol25.8%
Annual ret+18.0%
Sharpe0.70
Max DD-23.8%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$99.33
High / Low$113.00 / $87.00
Median$99.00
Analysts12
Strong Buy1
Buy1
Hold9
Sell0
Strong Sell1

Recent rating actions

2026-04-27Evercore ISI Group→ In-Line
2026-04-24Barclays→ Underweight
2026-04-14B of A Securities→ Neutral
2026-04-10Wells Fargo→ Equal-Weight
2026-04-09UBS→ Neutral
2026-04-08Barclays→ Underweight

Material Events

DateEvent8-K
2026-07-27Earnings Release, Exhibitsread
2026-07-20Reg FD Disclosureread
2026-06-01Material Agreement, Material Obligation…read
2026-05-20Shareholder Voteread
2026-04-23Earnings Release, Exhibitsread
2026-04-20Reg FD Disclosureread
2026-02-09Earnings Release, Exhibitsread
2026-01-22Reg FD Disclosureread
2025-10-27Earnings Release, Exhibitsread
2025-10-16Reg FD Disclosureread
2025-08-19Officer / Director Change, Exhibitsread
2025-07-28Earnings Release, Exhibitsread

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-07Friedrich Amy ChristinePresident - Benefits & PrGrant35.68K$2.28M
2026-08-07Friedrich Amy ChristinePresident - Benefits & PrDisposal35.68K$4.06M
2026-06-26RIVERA ALFREDOGrant117—
2026-06-26Richer Clare StackGrant142—
2026-06-26Pickerell BlairGrant281—
2026-06-26Muruzabal ClaudioGrant100—
2026-06-26Mills ScottGrant253—
2026-06-26HOCHSCHILD ROGER CGrant294—
2026-06-26Nordin Diane CGrant217—
2026-06-26Carter Miller JocelynGrant669—

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders0
Top-5 share0.0%
HHI0 (—)

Dividends

Yield (TTM)1.39%
$ / share (TTM)$1.59
5y CAGR+6.6%

Annual dividend per share

2021$2.44
2022$2.56
2023$2.60
2024$2.85
2025$3.08
2026$0.80

SEC Filings

DateFormDoc
2026-08-114view
2026-08-0413F-HRview
2026-07-2910-Qview
2026-07-278-Kview
2026-07-208-Kview
2026-06-304view
2026-06-304view
2026-06-304view
2026-06-304view
2026-06-304view
2026-06-304view
2026-06-304view
2026-06-304view
2026-06-304view
2026-06-304view

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%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$114.46$115.53$113.57$114.771.24M
Sep 24$113.92$114.94$113.42$114.151.22M
Sep 23$112.54$115.54$111.57$113.921.19M
Sep 22$116.60$116.89$112.74$113.591.65M
Sep 21$118.17$118.49$116.23$116.471.22M

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