Principal Financial Group Inc (PFG)
Principal Financial Group Inc brought in $16.6B of revenue over the twelve months to September 30, 2026, up 5.2% from a year earlier. Net income was $2B, a net margin of 11.9%. At September 30, 2026 it held $4.5B in cash against $4.3B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 29, 2026.
Key facts about Principal Financial Group Inc
- Net worth
- Principal Financial Group Inc has a market value (market cap) of $25B at the latest share price, and shareholders' equity of $11.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $15.6B (-3.1% year on year), with net income of $1.2B. Over the 12 months to September 30, 2026: revenue $16.6B, net income $2B.
- Cash flow
- In fiscal 2025 operations brought in $4.5B of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 29, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Principal Financial Group Inc's next report is expected around February 8, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Principal Financial Group Inc declared dividends of $3.08 per share in fiscal 2025, a yield of 2.64% at the current price.
What Principal Financial Group Inc does
Principal Financial Group Inc is registered with the SEC under industry code SIC 6321 (Accident & Health Insurance). Its shares trade on NASDAQ under the ticker PFG.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $15.6B | $1.2B | $5.25 | n/a |
| 2024 | $16.1B | $1.6B | $6.68 | n/a |
| 2023 | $13.7B | $623.2M | $2.55 | n/a |
| 2022 | $17.5B | $4.8B | $18.63 | n/a |
| 2021 | $14.4B | $1.6B | $5.79 | n/a |
| 2020 | $14.7B | $1.4B | $4.66 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where PFG ranks in Finance
Dividends
Principal Financial Group Inc declared $3.08 per share in fiscal 2025. At the current price that is a yield of 2.64%. It paid out $684M in cash dividends, 58% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $3.08 | $684M | 58% |
| 2024 | $2.85 | $658.4M | 42% |
| 2023 | $2.60 | $625.5M | 100% |
| 2022 | $2.56 | $642.3M | 14% |
| 2021 | n/a | $654.1M | 41% |
| 2020 | n/a | $614.5M | 44% |
Latest SEC filings
What Principal Financial Group Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 2, 2026Form 13F-HR filing 13F-HR
- October 29, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 25% to $4.6B versus the same quarter last year; diluted EPS $2.91 versus $0.95.
- October 26, 2026
- October 19, 2026
- September 10, 2026
- August 4, 2026Form 13F-HR filing 13F-HR
- July 29, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 6.4% to $3.9B versus the same quarter last year; diluted EPS $1.84 versus $1.79.
- July 27, 2026
- July 20, 2026
- June 24, 2026
Insider trades
What the people running Principal Financial Group Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 16 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 4, 2026 | Littlefield Christopher JPresident - RIS | Received as pay | 51,285 | $2.7M |
| November 4, 2026 | Littlefield Christopher JPresident - RIS | Other change | 51,285 | $6M |
| September 25, 2026 | Brown Timothy W.EVP, General Counsel and Sec | Received as pay | 163 | - |
| September 25, 2026 | Rivera AlfredoDirector | Received as pay | 113 | - |
| September 25, 2026 | Carter Miller JocelynDirector | Received as pay | 648 | - |
| September 25, 2026 | Mitchell H ElizabethDirector | Received as pay | 78 | - |
| September 25, 2026 | Richer Clare StackDirector | Received as pay | 138 | - |
| September 25, 2026 | Pickerell BlairDirector | Received as pay | 273 | - |
Who owns PFG
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Delaware Charter Guarantee & Trust Company on behalf of FB Bancorp Inc13G, passive | 9.5% | February 14, 2025 |
| Vanguard Capital Management13G, passive | 7.18% | April 30, 2026 |
| Delaware Charter Guarantee & Trust Company dba Principal Trust Company as Directed Trustee for the Quad/Graphics ESOP13G, passive | 6.62% | November 14, 2024 |
| Vanguard Portfolio Management13G, passive | 5.2% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 955 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 20,014,673 | -307,685 |
| Vanguard Capital Management LLC | 13,479,468 | +5,260 |
| Vanguard Portfolio Management LLC | 11,266,018 | +1,184 |
| State Street Corp | 10,264,856 | +85,014 |
| Bank of America Corp | 6,884,023 | -1,935,429 |
| Charles Schwab Investment Management Inc | 6,502,068 | +578,132 |
| Capital World Investors | 6,040,005 | +13,124 |
| Geode Capital Management, LLC | 5,681,672 | +21,005 |
| Dimensional Fund Advisors LP | 3,923,279 | +36,770 |
| Invesco Ltd. | 3,771,641 | +229,659 |
| Northern Trust Corp | 3,249,703 | -84,003 |
| Morgan Stanley | 2,988,144 | -18,143 |
| Goldman Sachs Group Inc | 2,500,019 | -254,258 |
| Aqr Capital Management LLC | 2,315,065 | -141,668 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 2,216,125 | +244,550 |
| Norges Bank | 2,014,675 | new |
| Legal & General Group Plc | 1,529,483 | -165,113 |
| Jpmorgan Chase & Co | 1,472,797 | +283,204 |
| UBS Group AG | 1,296,073 | +129,343 |
| Deutsche Bank AG\ | 1,231,533 | -152,110 |
Insiders
22 insiders reported holding 1,115,576 shares in total, about $130.3M at the last price.
| Holder | Shares |
|---|---|
| Strable-Soethout Deanna DChair, President and CEO | 227,40953,542 held indirectly |
| Friedrich Amy ChristinePresident - Benefits & Protect | 108,863 |
| Carter Miller JocelynDirector | 91,979 |
| Littlefield Christopher JPresident - RIS | 77,279 |
| Cheong Wee YeePresident - Asia & Middle East | 66,819 |
| Bhatia KamalPresident and CEO - PAM | 65,454 |
| Pitz JoelEVP & CFO | 46,9262,928 held indirectly |
| Agrawal VivekEVP & Chief Growth Officer | 46,536 |
| Kay Kathleen BEVP-Chief Information Officer | 44,300 |
| Hochschild Roger CDirector | 41,477 |
Questions about PFG
What does Principal Financial Group Inc do?
Principal Financial Group Inc is a company in the Finance sector, listed on NASDAQ as PFG. Its shares trade on NASDAQ under the ticker PFG.
What is Principal Financial Group Inc's net worth?
Principal Financial Group Inc has a market value (market cap) of $25B at the latest share price, and shareholders' equity of $11.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Principal Financial Group Inc profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $2B on revenue of $16.6B, a net margin of 11.9%.
How much revenue does Principal Financial Group Inc make?
Over the twelve months to September 30, 2026 Principal Financial Group Inc reported revenue of $16.6B. That is 5.2% more than a year earlier.
When did Principal Financial Group Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 29, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 5, 2026.
When is Principal Financial Group Inc's next earnings report?
Principal Financial Group Inc's next report is expected around February 8, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Principal Financial Group Inc pay a dividend?
Yes. Principal Financial Group Inc declared dividends of $3.08 per share in fiscal 2025, a yield of 2.64% at the current price.
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Where the numbers come from
Financial figures are the values Principal Financial Group Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.