PFG Stock Analysis: Principal Financial | NASDAQ
Asset Management | NASDAQ, USA | Market Cap: 22.961m USD | 12M Return: 40% | US74251V1026 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 152M
EPS Trend: 97.4%
Qual. Beats: 1
Rev. Trend: 66.4%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Principal Financial Group (PFG) is a U.S.-based financial services company that provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through three reporting segments: Retirement and Income Solutions, which offers defined contribution plans (such as 401(k) and 403(b) plans), defined benefit plans, pension risk transfer services, individual retirement accounts, and annuities; Principal Asset Management, which provides equity, fixed income, real estate, and alternative investments along with fund offerings; and Benefits and Protection, which delivers group dental, vision, life, and disability insurance, as well as individual life insurance products. Founded in 1879 and headquartered in Des Moines, Iowa, PFG is listed on NASDAQ and is classified as a large-cap stock with a market capitalization around $25 billion USD.
Operating within the Financials sector and the Life & Health Insurance sub-industry, PFGs business model combines fee-based retirement and asset management revenues with insurance underwriting, giving it exposure to both capital-markets-linked and insurance-driven earnings. Its focus on employer-sponsored retirement plans and small-to-medium business group benefits positions it within the workplace benefits and retirement savings market, a segment that competes with other large insurers and asset managers offering bundled financial wellness solutions.
- Rising rates boost net investment income and annuity spreads
- Asset Management fees track equity and fixed income market performance
- Pension risk transfer and retirement plan growth drive segment revenue
| Net Income: 1.55b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.04 > 1.0 |
| NWC/Revenue: -77.38% < 20% (prev 49.07%; Δ -126.5% < -1%) |
| CFO/TA 0.01 > 3% & CFO 5.01b > Net Income 1.55b |
| Net Debt (-918.9m) to EBITDA (2.72b): -0.34 < 3 |
| Current Ratio: 0.30 > 1.5 & < 3 |
| Outstanding Shares: last quarter (218.7m) vs 12m ago -3.44% < -2% |
| Gross Margin: 48.54% > 18% (prev 45.11%; Δ 3.43% > 0.5%) |
| Asset Turnover: 4.64% > 50% (prev 4.68%; Δ -0.04% > 0%) |
| Interest Coverage Ratio: 865.1 > 6 (EBIT TTM 1.90b / Interest Expense TTM 2.20m) |
| A: -0.03 (Total Current Assets 5.26b - Total Current Liabilities 17.4b) / Total Assets 353b |
| B: 0.05 (Retained Earnings 18.5b / Total Assets 353b) |
| C: 0.01 (EBIT TTM 1.90b / Avg Total Assets 338b) |
| D: 0.04 (Book Value of Equity 12.1b / Total Liabilities 340b) |
| Altman-Z'' = 0.02 = B |
| DSRI: 0.97 (Receivables 3.80b/3.79b, Revenue 15.7b/15.1b) |
| GMI: 0.93 (GM 45.11% / 48.54%) |
| AQI: 1.01 (AQ_t 0.98 / AQ_t-1 0.97) |
| SGI: 1.04 (Revenue 15.7b / 15.1b) |
| TATA: -0.01 (NI 1.55b - CFO 5.01b) / TA 353b) |
| Beneish M = -3.09 (Cap -4..+1) = AA |
As of October 13, 2026, the stock is trading at USD 107.84 with a total of 942,000 shares traded. Over the past week, the price has changed by -2.87%, over one month by -7.75%, over three months by -4.36% and over the past year by +40.02%.
Current recommended Stop Loss: 102.90 (which is 4.6% or 2.1 ATR below the current price).
Principal Financial has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold PFG.
- StrongBuy: 0
- Buy: 2
- Hold: 8
- Sell: 2
- StrongSell: 0
| Analysts Target Price | 111.4 | 3.3% |
P/E Trailing = 15.2764
P/E Forward = 9.1158
P/S = 1.4631
P/B = 2.0032
P/EG = 1.0624
Revenue TTM = 15.7b USD
EBIT TTM = 1.90b USD
EBITDA TTM = 2.72b USD
Long Term Debt = 4.32b USD (from longTermDebt, last quarter)
Short Term Debt = 16.2m USD (from shortTermDebt, last quarter)
Debt = 4.34b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -918.9m USD (calculated: Debt 4.34b - CCE 5.26b)
Enterprise Value = 22.0b USD (23.0b + Debt 4.34b - CCE 5.26b)
Interest Coverage Ratio = 865.1 (Ebit TTM 1.90b / Interest Expense TTM 2.20m)
EV/FCF = 4.54x (Enterprise Value 22.0b / FCF TTM 4.85b)
FCF Yield = 22.01% (FCF TTM 4.85b / Enterprise Value 22.0b)
FCF Margin = 30.92% (FCF TTM 4.85b / Revenue TTM 15.7b)
Net Margin = 9.86% (Net Income TTM 1.55b / Revenue TTM 15.7b)
Gross Margin = 48.54% ((Revenue TTM 15.7b - Cost of Revenue TTM 8.08b) / Revenue TTM)
Gross Margin QoQ = 49.00% (prev 53.91%)
Tobins Q-Ratio = 0.06 (Enterprise Value 22.0b / Total Assets 353b)
Interest Expense / Debt = 0.05% (Interest Expense 2.20m / Debt 4.34b)
Taxrate = 13.95% (259.8m / 1.86b)
NOPAT = 1.64b (EBIT 1.90b * (1 - 13.95%))
Current Ratio = 0.30 (Total Current Assets 5.26b / Total Current Liabilities 17.4b)
Debt / Equity = 0.36 (Debt 4.34b / totalStockholderEquity, last quarter 12.1b)
Debt / EBITDA = -0.34 (Net Debt -918.9m / EBITDA 2.72b)
Debt / FCF = -0.19 (Net Debt -918.9m / FCF TTM 4.85b)
Total Stockholder Equity = 11.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.46% (Net Income 1.55b / Total Assets 353b)
RoE = 13.03% (Net Income TTM 1.55b / Total Stockholder Equity 11.9b)
RoCE = 11.75% (EBIT 1.90b / Capital Employed (Equity 11.9b + L.T.Debt 4.32b))
RoIC = 0.49% (NOPAT 1.64b / Invested Capital 335b)
WACC = 7.11% (E(23.0b)/V(27.3b) * Re(8.45%) + D(4.34b)/V(27.3b) * Rd(0.05%) * (1-Tc(0.14)))
Discount Rate = 8.45% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.19 | Cagr: -3.94%
[DCF] Terminal Value 77.62% ; FCFF base≈4.63b ; Y1≈5.21b ; Y5≈7.30b
[DCF] Fair Price = 519.9 (EV 110b - Net Debt -918.9m = Equity 111b / Shares 214.1m; r=8.35% [WACC [floored]]; 5y FCF grow 12.78% → 2.50% )
EPS Correlation: 97.44 | EPS CAGR: 12.81% | SUE: 1.17 | # QB: 1
Revenue Correlation: 66.39 | Revenue CAGR: 4.09% | SUE: -0.44 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.44 | Chg30d=-2.04% | Revisions=+0% | Analysts=10
EPS current Year (2026-12-31): EPS=9.47 | Chg30d=-0.51% | Revisions=+0% | GrowthEPS=+14.5% | GrowthRev=+1.6%
EPS next Year (2027-12-31): EPS=10.25 | Chg30d=-1.08% | Revisions=+29% | GrowthEPS=+8.2% | GrowthRev=+8.2%
[Analyst] Revisions Ratio: +18% (up=5, down=3)