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) 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 33.0% and above the Financial sector median of 0.00%.

Operating margin, annual

Annual

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

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

Against its own ten years

Low 5.41% High 34.1%
Ten-year median 12.0%
Current reading's percentile 18

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%
OWL Blue Owl Capital Inc. compare 16.9%
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%
Asset Management industry median 33.0%
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

The full definition of Operating margin →

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