Principal Financial Group, Inc. PFG

114.77 0.62 0.54% as of 25 Sep
Market cap
$24.4B
P/E
16.1×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Principal Financial Group, Inc. (PFG) EV/EBITDA

As of 25 September 2026, Principal Financial Group, Inc. (PFG) trades at a EV/EBITDA of 12.8×. Over the past ten years it has ranged from 0.0× (December 2024) to 27.2× (March 2024); the current reading is higher than 91% of that period. That is above the Asset Management industry median of 10.3× and above the Financial sector median of 9.5×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 13.5× 43.32%
FY2024 9.4× (62.00%)
FY2023 24.9× 634.76%
FY2022 3.4× (69.90%)
FY2021 11.2× 25.75%
FY2020 8.9× (8.98%)
FY2019 9.8× 71.97%
FY2018 5.7× (27.31%)
FY2017 7.9× (6.87%)
FY2016 8.4× 13.19%

Quarterly

Period EV/EBITDA Change
Jun 2026 12.0× 15.25%
Mar 2026 10.4× (23.10%)
Dec 2025 13.5× 48.69%
Sep 2025 9.1× (31.99%)
42 more quarters

Against its own ten years

Low 0.0× High 27.2×
Ten-year median 8.7×
Current reading's percentile 91

EV/EBITDA against peers

Company EV/EBITDA
NTRS Northern Trust Corporation compare n/m
RJF Raymond James Financial, Inc. compare 4.5×
TROW T. Rowe Price Group, Inc. compare 6.7×
TPG TPG Inc. compare 9.1×
OWL Blue Owl Capital Inc. compare 10.7×
CRBG Corebridge Financial, Inc. compare 11.4×
PFG Principal Financial Group, Inc. 12.8×
BEN Franklin Resources Inc compare 21.5×
ARES Ares Management Corporation compare 30.4×
Asset Management industry median 10.3×
Financial sector median 9.5×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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