Overview Dividends

(PFG) Principal Financial - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US74251V1026

Retirement Plans, Asset Management, Insurance

Life & Health Insurance
Market Cap in USD: 20,435m

IPO / Inception: 2001-10-23
Return 12m vs S&P 500: 1.56%

EPS (Earnings per Share)

EPS CAGR: -46.74%
EPS Trend: -23.2%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: -2.77%
Rev. Trend: -11.0%

Last SUE: -0.71
Qual. Beats: 0

Dividends

Dividend Yield	3.41%
Yield on Cost 5y	7.12%
Yield CAGR 5y	6.00%
Payout Consistency	97.9%
Payout Ratio	38.5%

Risk via 5d forecast
Volatility	22.6%
Value at Risk 5%th	36.2%
Relative Tail Risk	-2.72%

Reward TTM
Sharpe Ratio	0.64
Alpha	-1.07
CAGR/Max DD	0.14

Character TTM
Hurst Exponent	0.512
Beta	1.102
Beta Downside	1.326

Drawdowns 3y
Max DD	28.61%
Mean DD	11.38%
Median DD	10.57%

Description: PFG Principal Financial December 19, 2025

Principal Financial Group (NASDAQ:PFG) is a diversified financial services firm that delivers retirement, asset-management, and insurance solutions to corporate, individual, and institutional clients worldwide. It operates through three primary segments: Retirement and Income Solutions, which administers 401(k), 403(b), defined-benefit, ESOP and pension-risk-transfer products; Principal Asset Management, which offers equity, fixed-income, real-estate, and alternative-investment funds plus pension-accumulation vehicles; and Benefits and Protection, which provides group dental, vision, life, disability insurance and related administration services for SMEs and their employees.

As of FY 2023, PFG generated roughly $14.5 billion in revenue and reported a net income of about $1.2 billion, delivering an operating margin near 15 % and a dividend yield around 4.5 %. The firm manages approximately $600 billion in assets under management (AUM), with a growing share allocated to fee-based investment products-a sector trend driven by the shift toward defined-contribution retirement plans and higher-margin, low-capital-intensity offerings. A key macro driver is the aging U.S. population, which fuels demand for retirement and longevity-linked insurance products, while the recent rise in interest rates improves investment income for the life-insurance book but can pressure the pricing of new annuity contracts.

For a deeper, data-driven valuation and scenario analysis, you may find ValueRay’s platform worth a look.

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (1.57b TTM) > 0 and > 6% of Revenue (6% = 948.0m TTM)

FCFTA 0.01 (>2.0%) and ΔFCFTA 0.01pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -82.37% (prev -92.05%; Δ 9.68pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.01 (>3.0%) and CFO 4.25b > Net Income 1.57b (YES >=105%, WARN >=100%)

Net Debt (-1.20b) to EBITDA (1.89b) ratio: -0.63 <= 3.0 (WARN <= 3.5)

Current Ratio 0.28 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (226.5m) change vs 12m ago -1.82% (target <= -2.0% for YES)

Gross Margin 46.97% (prev 35.90%; Δ 11.06pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 4.81% (prev 4.36%; Δ 0.45pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 1.68 (EBITDA TTM 1.89b / Interest Expense TTM 42.7m) >= 6 (WARN >= 3)

Altman Z'' -0.04

(A) -0.04 = (Total Current Assets 5.14b - Total Current Liabilities 18.15b) / Total Assets 334.49b

(B) 0.05 = Retained Earnings (Balance) 17.73b / Total Assets 334.49b

(D) 0.04 = Book Value of Equity 13.43b / Total Liabilities 322.36b

Total Rating: -0.04 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 44.10

1. Piotroski 3.50pt

2. FCF Yield -54.73%

3. FCF Margin 26.40%

4. Debt/Equity 0.34

5. Debt/Ebitda -0.63

6. ROIC - WACC (= -8.10)%

7. RoE 13.87%

8. Rev. Trend -10.99%

9. EPS Trend -23.16%

What is the price of PFG shares?

As of January 11, 2026, the stock is trading at USD 90.29 with a total of 930,181 shares traded.
Over the past week, the price has changed by +0.97%, over one month by +2.36%, over three months by +10.22% and over the past year by +22.86%.

Is PFG a buy, sell or hold?

Principal Financial has received a consensus analysts rating of 2.92. Therefor, it is recommend to hold PFG.

Strong Buy: 1
Buy: 2
Hold: 6
Sell: 1
Strong Sell: 2

What are the forecasts/targets for the PFG price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	91.8	1.7%
Analysts Target Price	91.8	1.7%
ValueRay Target Price	97.8	8.4%

PFG Fundamental Data Overview January 10, 2026

P/E Trailing = 13.4501
P/E Forward = 9.7276
P/S = 1.2933
P/B = 1.7115
P/EG = 1.5
Beta = 0.9
Revenue TTM = 15.80b USD
EBIT TTM = 71.6m USD
EBITDA TTM = 1.89b USD
Long Term Debt = 3.92b USD (from longTermDebt, last quarter)
Short Term Debt = 13.0m USD (from shortTermDebt, last quarter)
Debt = 3.94b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.20b USD (from netDebt column, last quarter)
Enterprise Value = -7.62b USD (20.43b + Debt 3.94b - CCE 31.99b)
Interest Coverage Ratio = 1.68 (Ebit TTM 71.6m / Interest Expense TTM 42.7m)
EV/FCF = -1.83x (Enterprise Value -7.62b / FCF TTM 4.17b)
FCF Yield = -54.73% (FCF TTM 4.17b / Enterprise Value -7.62b)
FCF Margin = 26.40% (FCF TTM 4.17b / Revenue TTM 15.80b)
Net Margin = 9.96% (Net Income TTM 1.57b / Revenue TTM 15.80b)
Gross Margin = 46.97% ((Revenue TTM 15.80b - Cost of Revenue TTM 8.38b) / Revenue TTM)
Gross Margin QoQ = 44.89% (prev 49.61%)
Tobins Q-Ratio = -0.02 (set to none) (Enterprise Value -7.62b / Total Assets 334.49b)
Interest Expense / Debt = 1.08% (Interest Expense 42.7m / Debt 3.94b)
Taxrate = 5.84% (14.5m / 248.4m)
NOPAT = 67.4m (EBIT 71.6m * (1 - 5.84%))
Current Ratio = 0.28 (Total Current Assets 5.14b / Total Current Liabilities 18.15b)
Debt / Equity = 0.34 (Debt 3.94b / totalStockholderEquity, last quarter 11.67b)
Debt / EBITDA = -0.63 (Net Debt -1.20b / EBITDA 1.89b)
Debt / FCF = -0.29 (Net Debt -1.20b / FCF TTM 4.17b)
Total Stockholder Equity = 11.35b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.48% (Net Income 1.57b / Total Assets 334.49b)
RoE = 13.87% (Net Income TTM 1.57b / Total Stockholder Equity 11.35b)
RoCE = 0.47% (EBIT 71.6m / Capital Employed (Equity 11.35b + L.T.Debt 3.92b))
RoIC = 0.44% (NOPAT 67.4m / Invested Capital 15.43b)
WACC = 8.53% (E(20.43b)/V(24.37b) * Re(9.98%) + D(3.94b)/V(24.37b) * Rd(1.08%) * (1-Tc(0.06)))
Discount Rate = 9.98% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.12%
[DCF Debug] Terminal Value 77.97% ; FCFF base≈4.11b ; Y1≈4.64b ; Y5≈6.28b
Fair Price DCF = 450.0 (EV 97.66b - Net Debt -1.20b = Equity 98.86b / Shares 219.7m; r=8.53% [WACC]; 5y FCF grow 15.16% → 2.90% )
EPS Correlation: -23.16 | EPS CAGR: -46.74% | SUE: -4.0 | # QB: 0
Revenue Correlation: -10.99 | Revenue CAGR: -2.77% | SUE: -0.71 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.10 | Chg30d=+0.002 | Revisions Net=-1 | Analysts=9
EPS next Year (2026-12-31): EPS=9.38 | Chg30d=+0.022 | Revisions Net=+7 | Growth EPS=+13.0% | Growth Revenue=+8.5%

Additional Sources for PFG Stock

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