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 |
| Vol | 1.24M |
| As of | 25 Sep 2026 |
The Verdict
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/E | 16.35x |
| Forward P/E | 11.05x |
| EV / EBITDA | 10.92x |
| P / S (ttm) | 1.57x |
| Profit margin | 9.9% |
| Return on equity | 12.9% |
| Revenue growth | +6.4% |
| Earnings growth | +2.8% |
| Debt / equity | 35.31 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| 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.
Risk Metrics
| Beta vs SPX | 0.99 |
|---|---|
| Corr SPX | 0.62 |
| Annual vol | 25.8% |
| Annual ret | +18.0% |
| Sharpe | 0.70 |
| 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 |
| Analysts | 12 |
| Strong Buy | 1 | |
|---|---|---|
| Buy | 1 | |
| Hold | 9 | |
| Sell | 0 | |
| Strong Sell | 1 |
Recent rating actions
| 2026-04-27 | Evercore ISI Group | → In-Line |
| 2026-04-24 | Barclays | → Underweight |
| 2026-04-14 | B of A Securities | → Neutral |
| 2026-04-10 | Wells Fargo | → Equal-Weight |
| 2026-04-09 | UBS | → Neutral |
| 2026-04-08 | Barclays | → Underweight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-27 | Earnings Release, Exhibits | read |
| 2026-07-20 | Reg FD Disclosure | read |
| 2026-06-01 | Material Agreement, Material Obligation… | read |
| 2026-05-20 | Shareholder Vote | read |
| 2026-04-23 | Earnings Release, Exhibits | read |
| 2026-04-20 | Reg FD Disclosure | read |
| 2026-02-09 | Earnings Release, Exhibits | read |
| 2026-01-22 | Reg FD Disclosure | read |
| 2025-10-27 | Earnings Release, Exhibits | read |
| 2025-10-16 | Reg FD Disclosure | read |
| 2025-08-19 | Officer / Director Change, Exhibits | read |
| 2025-07-28 | Earnings Release, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-07 | Friedrich Amy Christine | President - Benefits & Pr | Grant | 35.68K | $2.28M |
| 2026-08-07 | Friedrich Amy Christine | President - Benefits & Pr | Disposal | 35.68K | $4.06M |
| 2026-06-26 | RIVERA ALFREDO | Grant | 117 | — | |
| 2026-06-26 | Richer Clare Stack | Grant | 142 | — | |
| 2026-06-26 | Pickerell Blair | Grant | 281 | — | |
| 2026-06-26 | Muruzabal Claudio | Grant | 100 | — | |
| 2026-06-26 | Mills Scott | Grant | 253 | — | |
| 2026-06-26 | HOCHSCHILD ROGER C | Grant | 294 | — | |
| 2026-06-26 | Nordin Diane C | Grant | 217 | — | |
| 2026-06-26 | Carter Miller Jocelyn | Grant | 669 | — |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
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
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $15.63B | +2.9% | |
| Net income | $1.57B | +3.8% | |
| Cash from ops | $3.79B | -1.2% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $114.46 | $115.53 | $113.57 | $114.77 | 1.24M |
| Sep 24 | $113.92 | $114.94 | $113.42 | $114.15 | 1.22M |
| Sep 23 | $112.54 | $115.54 | $111.57 | $113.92 | 1.19M |
| Sep 22 | $116.60 | $116.89 | $112.74 | $113.59 | 1.65M |
| Sep 21 | $118.17 | $118.49 | $116.23 | $116.47 | 1.22M |
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