Principal Financial Group, Inc.
PFG Financial Asset Management
Principal Financial Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $15.6 billion, down 3.11% from fiscal 2024.
- Revenue
- +25.4%
- EPS
- +190.8%
- Free cash flow
- +51.0%
- Total debt
- +14.4%
Quarter to September 2026, against a year earlier
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Principal Financial Group, Inc. (PFG) Gross margin
Principal Financial Group, Inc.'s gross margin over the twelve months to 30 September 2026 was 48.5%, up 3.9 percentage points from fiscal 2025 (44.6%). Over the past ten years it has ranged from 38.2% (fiscal 2019) to 61.6% (fiscal 2022); the current reading is higher than 73% of that period. That is below the Asset Management industry median of 100.0% and below the Financial sector median of 70.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 44.6% | (4.73) |
| FY2024 | 49.3% | 6.97 |
| FY2023 | 42.4% | (19.28) |
| FY2022 | 61.6% | 12.60 |
| FY2021 | 49.0% | 6.03 |
| FY2020 | 43.0% | 4.81 |
| FY2019 | 38.2% | (3.39) |
| FY2018 | 41.6% | (2.02) |
| FY2017 | 43.6% | 0.65 |
| FY2016 | 43.0% | 0.31 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 49.1% | 0.75 |
| Jun 2026 | 48.4% | (5.10) |
| Mar 2026 | 53.5% | 9.42 |
| Dec 2025 | 44.1% | (1.78) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| TROW T. Rowe Price Group, Inc. compare | 100.0% |
| OWL Blue Owl Capital Inc. compare | 100.0% |
| BEN Franklin Resources Inc compare | 100.0% |
| RJF Raymond James Financial, Inc. compare | 100.0% |
| TPG TPG Inc. compare | 100.0% |
| PS Pershing Square Inc. compare | 100.0% |
| NTRS Northern Trust Corporation compare | 60.9% |
| PFG Principal Financial Group, Inc. | 48.5% |
| CRBG Corebridge Financial, Inc. compare | 38.9% |
| Asset Management industry median | 100.0% |
| Financial sector median | 70.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on PFG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- 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
- Piotroski F-score
- The full statement