(PFG) Principal Financial - Ratings and Ratios

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

Retirement Plans, Asset Management, Insurance

EPS (Earnings per Share)

EPS (Earnings per Share) of PFG over the last years for every Quarter: "2020-12": 1.48, "2021-03": 1.53, "2021-06": 1.7, "2021-09": 1.69, "2021-12": 1.85, "2022-03": 1.63, "2022-06": 1.65, "2022-09": 1.69, "2022-12": 1.7, "2023-03": 1.48, "2023-06": 1.53, "2023-09": 1.72, "2023-12": 1.83, "2024-03": 1.65, "2024-06": 1.63, "2024-09": 1.76, "2024-12": 1.94, "2025-03": 1.81, "2025-06": 2.16, "2025-09": 2.1, "2025-12": 0,

Revenue

Revenue of PFG over the last years for every Quarter: 2020-12: 3765.1, 2021-03: 3208.5, 2021-06: 3539.4, 2021-09: 3423.7, 2021-12: 4091.1, 2022-03: 3095.5, 2022-06: 6664.5, 2022-09: 4625.3, 2022-12: 3122, 2023-03: 2819, 2023-06: 3557.3, 2023-09: 4598.7, 2023-12: 2690.8, 2024-03: 4053.3, 2024-06: 4310.8, 2024-09: 3011.6, 2024-12: 4752, 2025-03: 3695.9, 2025-06: 3671.3, 2025-09: 3681.6, 2025-12: null,

Dividends

Dividend Yield 3.78%
Yield on Cost 5y 6.96%
Yield CAGR 5y 6.00%
Payout Consistency 97.9%
Payout Ratio 38.5%
Risk via 5d forecast
Volatility 23.1%
Value at Risk 5%th 36.8%
Relative Tail Risk -3.38%
Reward TTM
Sharpe Ratio 0.51
Alpha 0.02
CAGR/Max DD 0.11
Character TTM
Hurst Exponent 0.510
Beta 1.094
Beta Downside 1.249
Drawdowns 3y
Max DD 28.61%
Mean DD 11.39%
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
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.01 > 1.0
NWC/Revenue: -82.37% < 20% (prev -92.05%; Δ 9.68% < -1%)
CFO/TA 0.01 > 3% & CFO 4.25b > Net Income 1.57b
Net Debt (-1.20b) to EBITDA (1.89b): -0.63 < 3
Current Ratio: 0.28 > 1.5 & < 3
Outstanding Shares: last quarter (226.5m) vs 12m ago -1.82% < -2%
Gross Margin: 46.97% > 18% (prev 0.36%; Δ 4661 % > 0.5%)
Asset Turnover: 4.81% > 50% (prev 4.36%; Δ 0.45% > 0%)
Interest Coverage Ratio: 1.68 > 6 (EBITDA TTM 1.89b / Interest Expense TTM 42.7m)

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 17.73b / Total Assets 334.49b)
C: 0.00 (EBIT TTM 71.6m / Avg Total Assets 328.67b)
D: 0.04 (Book Value of Equity 13.43b / Total Liabilities 322.36b)
Altman-Z'' Score: -0.04 = B

Beneish M -3.27

DSRI: 0.86 (Receivables 23.03b/23.79b, Revenue 15.80b/14.07b)
GMI: 0.76 (GM 46.97% / 35.90%)
AQI: 1.00 (AQ_t 0.98 / AQ_t-1 0.98)
SGI: 1.12 (Revenue 15.80b / 14.07b)
TATA: -0.01 (NI 1.57b - CFO 4.25b) / TA 334.49b)
Beneish M-Score: -3.27 = AA

ValueRay F-Score (Strict, 0-100) 44.14

1. Piotroski: 3.50pt
2. FCF Yield: -53.56%
3. FCF Margin: 26.40%
4. Debt/Equity: 0.34
5. Debt/Ebitda: -0.63
6. ROIC - WACC: -8.06%
7. RoE: 13.87%
8. Revenue Trend: -10.99%
9. EPS Trend: -23.16%

What is the price of PFG shares?

As of January 25, 2026, the stock is trading at USD 91.21 with a total of 1,586,044 shares traded.
Over the past week, the price has changed by +3.09%, over one month by +1.89%, over three months by +15.90% and over the past year by +15.73%.

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 92.8 1.8%
Analysts Target Price 92.8 1.8%
ValueRay Target Price 97.7 7.1%

PFG Fundamental Data Overview January 17, 2026

P/E Trailing = 13.3402
P/E Forward = 9.7656
P/S = 1.2827
P/B = 1.7177
P/EG = 1.5
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 = -7.79b USD (20.27b + Debt 3.94b - CCE 31.99b)
Interest Coverage Ratio = 1.68 (Ebit TTM 71.6m / Interest Expense TTM 42.7m)
EV/FCF = -1.87x (Enterprise Value -7.79b / FCF TTM 4.17b)
FCF Yield = -53.56% (FCF TTM 4.17b / Enterprise Value -7.79b)
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 -7.79b / 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 = 8.50% (E(20.27b)/V(24.21b) * Re(9.95%) + D(3.94b)/V(24.21b) * Rd(1.08%) * (1-Tc(0.06)))
Discount Rate = 9.95% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.12%
[DCF Debug] Terminal Value 78.09% ; FCFF base≈4.11b ; Y1≈4.64b ; Y5≈6.28b
Fair Price DCF = 452.8 (EV 98.28b - Net Debt -1.20b = Equity 99.48b / Shares 219.7m; r=8.50% [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=+0.000 | Revisions Net=-2 | Analysts=9
EPS next Year (2026-12-31): EPS=9.38 | Chg30d=+0.022 | Revisions Net=+1 | Growth EPS=+13.0% | Growth Revenue=+8.6%

Additional Sources for PFG Stock

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