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. In the quarter to June 2026, revenue grew 6.39%, EPS grew 3.31%, free cash flow grew 154.8% and total debt rose 9.97%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.
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Principal Financial Group, Inc. (PFG) Operating margin
Principal Financial Group, Inc.'s operating margin over the twelve months to 30 June 2026 was 11.9%, up 2.8 percentage points from fiscal 2025 (9.06%). Over the past ten years it has ranged from 5.41% (fiscal 2023) to 34.1% (fiscal 2022); the current reading is higher than 18% of that period. That is below the Asset Management industry median of 33.4% and above the Financial sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 9.06% | (2.66) |
| FY2024 | 11.7% | 6.31 |
| FY2023 | 5.41% | (28.73) |
| FY2022 | 34.1% | 20.90 |
| FY2021 | 13.2% | 1.75 |
| FY2020 | 11.5% | 1.05 |
| FY2019 | 10.4% | (2.09) |
| FY2018 | 12.5% | (3.45) |
| FY2017 | 16.0% | 3.14 |
| FY2016 | 12.8% | 0.88 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 12.7% | (0.94) |
| Mar 2026 | 13.7% | (0.24) |
| Dec 2025 | 13.9% | 7.14 |
| Sep 2025 | 6.75% | (6.95) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| TROW T. Rowe Price Group, Inc. compare | 30.8% |
| RJF Raymond James Financial, Inc. compare | 27.5% |
| ARES Ares Management Corporation compare | 18.1% |
| TPG TPG Inc. compare | 15.5% |
| PFG Principal Financial Group, Inc. | 11.9% |
| BEN Franklin Resources Inc compare | 9.71% |
| CRBG Corebridge Financial, Inc. compare | 8.01% |
| NTRS Northern Trust Corporation compare | 0.00% |
| EQH Equitable Holdings, Inc. compare | −3.62% |
| Asset Management industry median | 33.4% |
| Financial sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on PFG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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