PFG

Principal Financial Group Inc

PFG.US principal.com + Research + Basket
CIK 0001126328
Employees 19,700
Phone 515 247 5111
Fiscal year end December
IPO Oct 23, 2001
Address 711 High Street, Des Moines, IA, United States, 50392
111.63
-2.02 (-1.78%)
USD · NASDAQ
52-week range
77.33
121.18
Trading at 78% of the 52-week range
Market Cap
24.18B
P/E Ratio
15.94
Forward P/E
9.12
Book Value
55.53
Div. Yield
2.91%
% Institutions
82.02%
% Insiders
1.13%

1 Year

+39.6%

3 Year

+83.4%

10 Year

+198.5%
Description

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.

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People

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Directors & Officers

Name Title Year Born
Ms. Deanna Dawnette Strable-Soethout President, CEO & Chair of the Board 1969
Mr. Joel Michael Pitz Executive VP & CFO 1974
Ms. Amy Christine Friedrich President of Benefits & Protection 1971
Mr. Christopher James Littlefield President of Retirement & Income Solutions 1967
Mr. Kamal Bhatia C.F.A. President & CEO of Principal Asset Management 1972
Ms. Kathleen B. Kay Executive VP & Chief Information Officer 1963
Mr. Humphrey Lee VP & Head of Investor Relations NA
Ms. Noreen M. Fierro Senior VP and Enterprise Chief Ethics & Compliance Officer 1965
Mr. Timothy Wayne Brown B.S., J.D. EVP, General Counsel & Secretary NA
Ms. Bethany A. Wood Executive VP & Chief Marketing Officer 1965

Insider Trading

Open insider trading
Date Insider Name Title Transaction Type Shares Price Value SEC
Mar 10, 2026 Ro Khanna N/A Sale N/A $89.73 N/A —
Feb 09, 2026 Claudio Muruzabal N/A Purchase 5.00 $97.09 $485.45 SEC
Jan 30, 2026 Deanna D Strable-Soethout N/A Sale 7.34K $95.00 $697.30K SEC
Jan 29, 2026 Deanna D Strable-Soethout N/A Sale 9.30K $95.12 $884.62K SEC
Jan 29, 2026 Ro Khanna N/A Purchase N/A $94.76 N/A —
Jan 22, 2026 Deanna D Strable-Soethout N/A Sale 8.03K $92.56 $742.79K SEC
Jan 08, 2026 Deanna D Strable-Soethout N/A Sale 300.00 $92.50 $27.75K SEC
Nov 12, 2025 Wee Yee Cheong N/A Sale 1.89K $85.04 $160.47K SEC

Shareholders

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Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 20.01M Jun 30, 2026 9.35% $0.03 -1.51%
Nippon Life Insurance Co. 18.14M Jun 30, 2026 8.47% $32.37 0.00%
Vanguard Capital Management, LLC 13.48M Jun 30, 2026 6.30% $0.03 0.04%
Vanguard Portfolio Management, LLC 11.27M Jun 30, 2026 5.26% $0.05 0.01%
State Street Corp 10.26M Jun 30, 2026 4.79% $0.03 0.84%
Bank of America Corp 6.88M Jun 30, 2026 3.22% $0.05 -21.95%
Charles Schwab Investment Management Inc 6.50M Jun 30, 2026 3.04% $0.09 9.76%
Capital World Investors 6.04M Jun 30, 2026 2.82% $0.08 0.22%
Geode Capital Management, LLC 5.68M Jun 30, 2026 2.65% $0.03 0.37%
Dimensional Fund Advisors, Inc. 3.92M Jun 30, 2026 1.83% $0.08 0.95%
Amvescap Plc. 3.77M Jun 30, 2026 1.76% $0.03 6.48%
Northern Trust Corp 3.25M Jun 30, 2026 1.52% $0.04 -2.52%
Morgan Stanley - Brokerage Accounts 2.99M Jun 30, 2026 1.40% $0.02 -0.60%
The Goldman Sachs Group Inc 2.50M Jun 30, 2026 1.17% $0.02 -9.23%
AQR Capital Management LLC 2.32M Jun 30, 2026 1.08% $0.09 -5.77%
UBS Asset Mgmt Americas Inc 2.22M Jun 30, 2026 1.04% $0.04 12.40%
NORGES BANK 2.01M Jun 30, 2026 0.94% $0.02 -34.97%
Legal & General Group PLC 1.53M Jun 30, 2026 0.71% $0.03 -9.74%
JPMorgan Chase & Co 1.47M Jun 30, 2026 0.69% $0.01 23.81%
UBS Group AG 1.30M Jun 30, 2026 0.61% $0.02 11.09%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard MStar Total Stk Mkt Idx Invest 6.80M 3.18% ▼ 0.93% Sep 30, 2026
2 American Funds Income Fd of Amer A 6.00M 2.80% ▲ 0.00% Sep 30, 2026
3 Schwab US Dividend Equity ETF™ 5.42M 2.53% ▲ 0.28% Sep 30, 2026
4 Vanguard 500 Index Investor 5.12M 2.39% ▼ 1.97% Sep 30, 2026
5 Vanguard MStar Mid Cap Index Instl 4.58M 2.14% ▼ 1.88% Sep 30, 2026
6 iShares Select Dividend ETF 2.79M 1.30% ▼ 0.03% Sep 30, 2026
7 iShares Core S&P 500 ETF 2.60M 1.21% ▼ 0.16% Sep 30, 2026
8 Fidelity 500 Index 2.55M 1.19% ▲ 0.39% Aug 31, 2026
9 State Street® SPDR® S&P 500® ETF 2.39M 1.12% ▲ 0.00% Sep 30, 2026
10 Vanguard MStar Value Index Investor 2.04M 0.95% ▼ 1.17% Sep 30, 2026

Financial Highlights

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Market Cap: $24.18B
EBITDA: $2.80B
P/E Ratio: $15.94
PEG Ratio: $1.06
Book Value: $55.53
Dividend/Share: $3.25
Dividend Yield: 2.91%
Earnings/Share: $7.13
Profit Margin: 11.89%
Operating Margin: 19.41%
ROA (TTM): 0.47%
ROE (TTM): 16.11%
Revenue (TTM): $16.63B
Revenue/Share (TTM): $76.82
Earnings Growth (YOY): 206.30%
Revenue Growth (YOY): 25.40%

Valuation Metrics

Enterprise Value: $23.25B
Trailing P/E: 15.94
Forward P/E: 9.12

Shares Statistics

Shares Outstanding: 212.80M
Shares Float: 211.49M
% Insiders: 1.13%
% Institutions: 82.02%
Shares Short: 7.90M
Shares Short (Prior Month): 8.24M
Short Ratio: 5.76
Short % Float: 4.31%

Stock Price History

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1 Year Price History

3 Years Price History

10 Years Price History

Max Price History

Financial Charts

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Open balance sheet Open capital intensity Download Financials (Excel)

Revenue, Net Income & Operating Cash Flow (Yearly)

Change % vs Prior Year

Revenue, Net Income & Operating Cash Flow (Quarterly)

Change % vs Prior Quarter

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

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Open full waterfall Open balance sheet
Line Item
Step Type
Value
Revenue
adjust
$15.63B
Cost of Goods Sold
adjust
$-8.56B
Gross Profit
subtotal
$7.06B
Other Operating Expense
adjust
$-5.65B
Operating Income
subtotal
$1.42B
Other / Non-Operating Items
adjust
$-230.90M
Net Income
subtotal
$1.19B

Earnings Per Share (EPS) History

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Financial Ratios

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📦 Raw API Data (JSON Explorer)

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