Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Principal Financial Group Inc

PFG · Nasdaq · Financial

Fundamental quality

REASONABLE

55

out of 100

Principal Financial Group Inc is a mature, stable business: it earns money solidly (net margin 10.1%) but grows slowly (0.9% a year). On fundamental quality it scores 55 out of 100, profiling it as a company of reasonable quality. Its weakest area is its growth (revenue +0.9%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Principal Financial manages small and mid-sized American businesses' retirement: 401(k) plans, group insurance and asset management, with a meaningful international business across Latin America and Asia. The quiet administrator of millions of workers' savings.

What will shape its future

  • Markets: its fees live off the retirement assets it administers.
  • SMB employment, deciding how many workers contribute to its plans.
  • Interest rates, moving its insurance and investment margin.

Breakdown by area

I.Growth
40

EPS growth: 6.3% · Revenue growth: 0.9%

II.Profitability
66

Net margin: 10.1% · ROE: 13.2%

Source: SEC EDGAR · TTM through 31/03/2026

The score includes +2 for dividend strength: 9 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength. Here its profitability weighs in its favor, while its growth drags it down the most.

Versus its sector

Percentile against the other 71 Financial companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 28%
ROEbeats 43%
Growthbeats 6%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Principal Financial Group Inc strengths

  • It has cut its net debt over the period.
  • Solid net margin (10.1%): the business is clearly profitable.

Principal Financial Group Inc risks and weaknesses

  • Weak revenue growth (0.9% annualized).

Principal Financial Group Inc historical evolution

YearRevenueNet incomeFree cash flowNet debt
202014,7421,3961,514
202114,4281,5802,028
202217,5364,757-770
202313,666623-716
202416,1281,571-104
202515,6261,185-477

Between 2020 and 2025, revenue went from $14,742M to $15,626M (+6%) and net income went from $1,396M to $1,185M (-15%). It has also reduced its net debt over the period.

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue-4.5%
  • Net income+782.7%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$3.08

per share, yearly

57.7% of earnings

Payout

at least 9 straight years raising it

Growth

That is what we can verify in the SEC filings, whose structured data only starts in 2008 and which many companies begin tagging later. The real streak may be considerably longer.

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Principal Financial Group Inc cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Principal Financial Group Inc a good company to invest in?

In terms of business quality, Principal Financial Group Inc scores 55 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Principal Financial Group Inc a profitable company?

Yes. Principal Financial Group Inc shows a net margin of 10.1% and an ROE of 13.2%, a sign of a profitable business.

Is Principal Financial Group Inc growing?

Its revenue has grown 0.9% annualized in recent years and its earnings per share 6.3%.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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