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NASDAQ · ACCIDENT & HEALTH INSURANCE · LARGE CAP

Principal Financial Group Inc. PFG

19 fiscal years on record · USD · FY2025 reported · SEC filings only
3 YEARS OF DIVIDEND GROWTH
$15.6B
▼ 3.1% YoY
$1.2B
▼ 24.6% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Principal Financial Group, Inc. offers businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and workplace benefits and protection solutions, through its diverse family of financial services companies. It had $1,814.6 billion in assets under administration, including $781.0 billion in assets under management, as of December 31, 2025. It organizes its businesses into three reportable segments -- Retirement and Income Solutions, Principal Asset Management and Benefits and Protection -- plus a Corporate segment holding assets and activities not allocated to the others. Its Principal Asset Management segment provides global investment solutions to institutional, retirement, retail and high net worth investors in the U.S. and select emerging markets. Its Benefits and Protection segment protects businesses and their employees through employee benefits, business owner and disability solutions, and life and disability insurance for business owners, and is organized into two divisions, Specialty Benefits and Life Insurance. As of December 31, 2025, it employed approximately 19,700 people across the globe, including approximately 11,600 in the U.S. and 8,100 outside the U.S. The Benefits and Protection segment's activities date back to 1879, when Principal Financial Group first began selling individual life insurance products.

Written from the business description in PRINCIPAL FINANCIAL GROUP, INC's annual report to the U.S. Securities and Exchange Commission, filed 18 February 2026. Every sentence was checked against that document before publication.

Growth

USD 15.6B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 15.6 · Net income 1.2
10B20B
2007201020132016201920222025
Compound annual growth
−3.8%
+1.2%
+2.7%
+3.6%
−37.1%
−3.2%
−0.4%
+3.9%
−34.4%
+0.8%
+2.6%
+6.8%
+6.4%
−10.1%
+11.9%
+8.8%
+15.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +1.2% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

8 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Net 8.0%
10%20%
200720162025
ROE
FY2025 · ROE 10.3%
10%20%30%
200720162025
Three returns, three denominators.
Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Each USD of equity produced 10 cents of profit this year.

Cash & shareholders

USD 1.5B
returned in FY2025 · dividends + net buybacks
Net buybacks $B Dividends $B
FY2025 · Dividends 0.7 · Net buybacks 0.9
1.0B2.0B-0.5B-1.0BDividendsNet buybacks
2007201020132016201920222025

USD 684.0M in dividends and USD 859.0M in buybacks — 130% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 341.4B
EquityUSD 11.9B
CashUSD 4.4B
Gross debtUSD 4.0B
Net debtUSD -477.0M

The company holds more cash than debt.

The 19-year record

19 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
PFG, 19-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B15.616.113.717.514.414.716.214.214.112.412.010.59.39.28.79.28.89.910.9
Operating income $B◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
EBITDA $B◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Income tax $B0.20.30.11.20.30.30.20.2−0.10.20.20.30.20.10.20.10.1−0.00.2
Net income $B1.21.60.64.81.61.41.41.52.31.31.21.10.90.80.60.70.60.50.9
EPS, diluted $5.256.682.5518.635.795.054.965.367.884.504.063.652.952.581.911.951.971.633.09
Dividend / sh $3.082.852.602.56◌◌◌◌1.871.611.501.280.980.78◌◌◌◌◌
Payout %584210014414443392335363332293327262527
ROE %10.314.36.036.59.79.010.712.820.013.512.711.59.48.66.87.512.09.211.4
Shares out B0.220.230.240.240.260.270.280.280.290.290.290.290.300.290.300.320.320.26◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 55 reconciliationsAUDITED

Reconciled in 19 of the 19 fiscal years we could check. One check was skipped: the share count is not tagged before 2008. One check was skipped: the balance sheet is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityAccident & Health Insurance
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2007

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