Principal Financial Group, Inc. PFG
- Market cap
- $24.4B
- P/E
- 16.1×
Follow PFG
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 | Free account |
Against its own ten years
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)
More on PFG
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement