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Principal Financial Group (PFG) stock

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NASDAQ: PFG Nasdaq Life & Health Insurance Next results ~February 8, 2027

C Fundamentals grade

Principal Financial Group is a US-listed company in the life & health insurance industry. Its financial year ends in December.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 3 selling1 purchase and 12 sales by directors and officers, last 12 monthsInsider trades
  • Funds491 adding, 321 cuttingOf 51 active managers that changed their stake, 31 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Principal Financial Group files

10-Q filed October 29: Principal Financial

Principal Financial Group's revenue over the twelve months to September 2026 reached $16.6bn, up 5.2% on a year earlier and an acceleration from the 3.7% growth posted a quarter earlier. Meanwhile, the diluted share count has fallen 4.0% year on year, giving a lift to each remaining share. These moves accompany an improvement in the fundamentals grade, which rises from D to C+.

Our model value for Principal Financial Group is under review, so past values are not shown until it is resolved.

Source: 10-Q filed October 29, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Principal Financial stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $15.7bn, up 3.7% on a year earlier, faster than -2.0% a quarter earlier. The diluted share count is down 3.7% on a year earlier, which lifts each remaining share.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 8, 2027 (estimated)

Current signal Revenue growth accelerating: TTM revenue growth rose to 5.2% (+1.5pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Strong cash generation. 32.5% of revenue turned into free cash flow.
  • Shrinking share count. Diluted shares fell 4.0% in a year, so each share owns more of the business.

Things to watch

  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q3

Filed October 29, 2026
Earnings per share
$2.22 against an average estimate of $2.43: missed by 8.6%
Revenue
$4.62bn, up 25.4% on a year earlier
Share reaction
+3.1% in the first session after the results on October 26, 2026, against +1.3% for the S&P 500
Next report
October 26, 2026; average EPS estimate $2.43

Principal Financial Group's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.1%
  • 1 week+2.4%
  • 1 month+0.8%
  • This year+31.1%
  • 1 year+38.9%
  • 5 years+94.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$16.6B
Net margin
11.9%
EPS (TTM, diluted)
$9.00

Growth

Revenue growth
+5.2%
Change in growth rate
+1.5 pts
Share count change
−4.0%

Earnings

Last results
October 26, 2026
Next results (est.)
February 8, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Announcement
  3. Agreement
  4. Results
  5. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Principal Financial Group valuation models and calculator

No model value for Principal Financial Group at the moment. Current status: valuation models disagree too widely to rate. Available reported financials are shown below.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valuation models disagree too widely to rate: held for review.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Principal Financial Group as an insurer, with every model that fits that kind of business. Cost of equity 8.9%: the 10-year Treasury yield (4.9%) plus a beta of 0.88 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$120 ~$89–$170 Primary model, counts double
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$130 ~$110–$160 Included
Price-to-book vs return on equity (peers) The price-to-book that peers with this return on equity trade on, from a line fitted across peers. ~$110 ~$73–$150 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$0.2 ~$38–$110 Left out: out of range vs price (0.00x)
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$65 ~$62–$99 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. ~$150 ~$120–$180 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Principal Financial Group with life and health insurers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

39 /100

Weak moat

How hard Principal Financial Group's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 4 / 20

    Net income has been a median 0.5% of total assets over 10 years.

  • Durability 3 / 20

    Net margin has been a median 11.2%; its worst year was -1.5%.

  • Discipline 20 / 20

    The diluted share count fell 20.1% over five years; stock-based pay has been a median 0.6% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (44 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $9.32 +13% $16.2bn +1%
Next $10.16 +9% $17.8bn +10%

Next year's EPS estimate has moved −2.1% in 90 days, across 12 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −2.7% on 90 days ago. In the last 30 days, 1 analyst raised Principal Financial Group's forecast and 6 cut it.

Consensus EPS forecast Principal Financial Group, last 90 days
$9.00 $9.50 $10.00 $10.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $9.58 Current fiscal year, 60 days ago: $9.54 Current fiscal year, 30 days ago: $9.56 Current fiscal year, 7 days ago: $9.43 Current fiscal year, Now: $9.32 $9.32 Next fiscal year, 90 days ago: $10.37 Next fiscal year, 60 days ago: $10.39 Next fiscal year, 30 days ago: $10.41 Next fiscal year, 7 days ago: $10.23 Next fiscal year, Now: $10.16 $10.16

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $9.58$10.37
60 days ago $9.54$10.39
30 days ago $9.56$10.41
7 days ago $9.43$10.23
Now $9.32$10.16

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $2.43 $2.22 −8.6%
Jun 2026 $2.33 $2.50 +7.1%
Mar 2026 $2.01 $2.07 +2.9%
Dec 2025 $2.22 $2.19 −1.6%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, July 27, 2026

No numeric guidance in Principal Financial Group's latest earnings release (filed July 27, 2026). Some companies give their outlook only on the earnings call.

Analyst recommendations

12 analysts, Oct 2026
Buy217%
Hold867%
Sell217%

Monthly trend

  1. Oct 202628212
  2. Sep 202628212
  3. Aug 202628212
  4. Jul 202628212

Counts of recommendations published by analysts covering Principal Financial Group, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
4.3%
of tradable shares
Days to cover
5.76
at average volume
Short interest, 1 month
−16%
to October 15, 2026
Held by institutions
82%
of shares
Held by insiders
1.1%
of shares
Employees
19,700
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +38.9%

$81.24 on October 31, 2025 to $112.81

ThenNowEffect
Revenue (last 12 months) $15.1bn $15.7bn +3.7%
Net margin 7.5% 9.9% +31.9%
P/E multiple 16.4x 16.0x −2.2%
Share count 230m 222m +3.8%

Biggest factor: net margin.

Last 3 years +75.0%

$64.46 on November 3, 2023 to $112.81

ThenNowEffect
Revenue (last 12 months) $14.2bn $15.7bn +10.9%
Net margin 10.9% 9.9% −9.2%
P/E multiple 10.3x 16.0x +55.6%
Share count 248m 222m +11.7%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
PFG+51%+20%−3%+2%+18%+31%
Industry peers (median)+16%−4%+20%+28%+9%+11%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
PFG67%58%50%58%75%73%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
PFG−11%−21%−29%−17%−21%−12%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 65% from January 26, 2018 to March 23, 2020. Getting back needed a 184% gain, reached on May 5, 2021, 408 days after the low.

Price behaviour

52-week range
$78.31 – $118.51
From 52-week high
−4.8%
vs 50-day average
+0.7%
vs 200-day average
+10.0%
Volatility (1 year)
22%
Beta vs S&P 500
0.56

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±2.9%
After a week
6 up, 6 down
typical move ±4.5%
After a month
7 up, 4 down
typical move ±4.2%
Results releasedNext dayS&P 500 next day5 days21 days
October 26, 2026 +3.1% +1.3% +3.9% —
July 27, 2026 +4.3% +0.3% +5.2% +2.0%
April 23, 2026 +2.0% +0.4% +3.6% +6.6%
February 9, 2026 −3.8% +0.2% −5.5% −8.6%
October 27, 2025 +3.2% +1.4% +4.3% +6.4%
July 28, 2025 −1.1% −0.3% −6.4% −0.6%
April 24, 2025 −0.8% +2.8% 0.0% +4.0%
February 6, 2025 +2.2% −0.6% +7.9% +3.9%
October 24, 2024 −6.6% +0.2% −8.0% −4.3%
July 25, 2024 −2.6% +0.6% −5.1% −5.1%
April 25, 2024 −3.7% +0.6% −2.0% +0.1%
February 12, 2024 +1.4% −1.4% +2.7% +4.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Principal Financial Group
$13B $14B $15B $16B $17B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $13.7B Revenue (TTM), FY24 Q1: $14.9B Revenue (TTM), FY24 Q2: $15.7B Revenue (TTM), FY24 Q3: $14.1B Revenue (TTM), FY24 Q4: $16.1B Revenue (TTM), FY25 Q1: $15.8B Revenue (TTM), FY25 Q2: $15.1B Revenue (TTM), FY25 Q3: $15.8B Revenue (TTM), FY25 Q4: $15.6B Revenue (TTM), FY26 Q1: $15.5B Revenue (TTM), FY26 Q2: $15.7B Revenue (TTM), FY26 Q3: $16.6B $16.6B

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $13.7B
FY24 Q1 $14.9B
FY24 Q2 $15.7B
FY24 Q3 $14.1B
FY24 Q4 $16.1B
FY25 Q1 $15.8B
FY25 Q2 $15.1B
FY25 Q3 $15.8B
FY25 Q4 $15.6B
FY26 Q1 $15.5B
FY26 Q2 $15.7B
FY26 Q3 $16.6B
Revenue growth, TTM YoY Principal Financial Group
-40% -20% 0% 20% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: -22.1% Revenue growth, TTM YoY, FY24 Q1: -13.7% Revenue growth, TTM YoY, FY24 Q2: 10.6% Revenue growth, TTM YoY, FY24 Q3: -0.4% Revenue growth, TTM YoY, FY24 Q4: 18.0% Revenue growth, TTM YoY, FY25 Q1: 5.8% Revenue growth, TTM YoY, FY25 Q2: -3.3% Revenue growth, TTM YoY, FY25 Q3: 12.3% Revenue growth, TTM YoY, FY25 Q4: -3.1% Revenue growth, TTM YoY, FY26 Q1: -2.0% Revenue growth, TTM YoY, FY26 Q2: 3.7% Revenue growth, TTM YoY, FY26 Q3: 5.2% 5.2%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 -22.1%
FY24 Q1 -13.7%
FY24 Q2 10.6%
FY24 Q3 -0.4%
FY24 Q4 18.0%
FY25 Q1 5.8%
FY25 Q2 -3.3%
FY25 Q3 12.3%
FY25 Q4 -3.1%
FY26 Q1 -2.0%
FY26 Q2 3.7%
FY26 Q3 5.2%
FCF margin (TTM) Principal Financial Group
25% 30% 35% 40% FY17 Q1 FY17 Q4 FY18 Q3 FY19 Q4 FCF margin (TTM), FY17 Q1: 26.6% FCF margin (TTM), FY17 Q2: 26.9% FCF margin (TTM), FY17 Q3: 30.4% FCF margin (TTM), FY17 Q4: 28.3% FCF margin (TTM), FY18 Q1: 30.3% FCF margin (TTM), FY18 Q2: 27.1% FCF margin (TTM), FY18 Q3: 29.7% FCF margin (TTM), FY18 Q4: 34.8% FCF margin (TTM), FY19 Q1: 35.6% FCF margin (TTM), FY19 Q2: 37.8% FCF margin (TTM), FY19 Q3: 35.7% FCF margin (TTM), FY19 Q4: 32.5% 32.5%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period FCF margin (TTM)
FY17 Q1 26.6%
FY17 Q2 26.9%
FY17 Q3 30.4%
FY17 Q4 28.3%
FY18 Q1 30.3%
FY18 Q2 27.1%
FY18 Q3 29.7%
FY18 Q4 34.8%
FY19 Q1 35.6%
FY19 Q2 37.8%
FY19 Q3 35.7%
FY19 Q4 32.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 8.8 9.2 8.7 9.2 9.3 10.5 12.0 12.4 14.1 14.2 16.2 14.7 14.4 17.5 13.7 16.1 15.6 16.6
Net income 0.6 0.7 0.6 0.8 0.9 1.1 1.2 1.3 2.3 1.5 1.4 1.4 1.6 4.8 0.6 1.6 1.2 2.0
Diluted EPS $1.97 $1.95 $1.91 $2.58 $2.95 $3.65 $4.06 $4.50 $7.88 $5.36 $4.96 $5.05 $5.79 $18.63 $2.55 $6.68 $5.25 $9.00
Growth (year on year)
Revenue −10.9% +3.9% −5.7% +6.3% +0.8% +12.8% +14.2% +3.6% +13.7% +1.0% +13.9% −9.1% −2.1% +21.5% −22.1% +18.0% −3.1% +5.2%
Net income +35.9% +6.5% −3.7% +26.4% +13.2% +25.4% +7.9% +6.7% +75.5% −33.1% −9.8% +0.1% +13.2% +201.0% −86.9% +152.1% −24.6% +25.6%
Diluted EPS +20.9% −1.0% −2.1% +35.1% +14.3% +23.7% +11.2% +10.8% +75.1% −32.0% −7.5% +1.8% +14.7% +221.8% −86.3% +162.0% −21.4% +30.9%
Margins
Net margin 7.0% 7.2% 7.4% 8.8% 9.8% 10.9% 10.3% 10.6% 16.4% 10.9% 8.6% 9.5% 11.0% 27.1% 4.6% 9.7% 7.6% 11.9%
Cash flow
Cash from operations 2.2 2.8 2.7 3.1 2.2 3.1 4.4 3.9 4.2 5.2 5.5 3.7 3.3 3.2 3.8 4.6 4.5 5.5
Stock-based pay 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 —
Balance sheet
Cash 2.2 1.9 2.8 4.2 2.4 1.9 2.6 2.7 2.5 3.0 2.5 2.8 2.3 4.8 4.7 4.2 4.4 4.5
Total debt 1.7 1.7 1.7 2.7 2.8 2.6 3.4 3.2 3.2 3.3 3.8 4.4 4.4 4.1 4.0 4.1 4.0 4.5
Net debt (negative = net cash) −0.6 −0.2 −1.2 −1.5 0.4 0.7 0.9 0.5 0.7 0.3 1.3 1.5 2.0 −0.8 −0.7 −0.1 −0.5 0.1
Diluted shares 299m 323m 318m 300m 298m 299m 298m 293m 293m 289m 281m 277m 273m 255m 245m 235m 226m 220m
Returned to shareholders
Dividends 0.2 0.2 0.2 0.2 0.3 0.4 0.4 0.5 0.5 0.6 0.6 0.6 0.7 0.6 0.6 0.7 0.7 0.7
Buybacks 0.0 0.0 0.6 0.3 0.2 0.2 0.3 0.3 0.2 0.7 0.3 0.3 0.9 1.7 0.7 1.0 0.9 1.0
Total returned 0.2 0.2 0.8 0.5 0.4 0.6 0.7 0.7 0.8 1.3 0.9 0.9 1.6 2.3 1.4 1.7 1.6 1.7

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$1B
Dividends (TTM)
$701M
Buybacks, last 3 fiscal years
$2.7B
Diluted share count
−4.0%
year over year
Dividend payout ratio
36%
of net income paid out

Competitors: side by side with peers

Closest by revenue in life & health insurance
Last 12 months unless stated PFG AFL LNC CRBG UNM PUK Median
Revenue, last 12 months $16.6bn $18.1bn $19.3bn $20.1bn $13.3bn $11.5bn $11.1bn
Revenue growth, last 12 months 5.2% 13.6% 7.9% 29.5% 3.4% 7.0% 6.1%
Revenue growth, 3-year average 5.6% −1.0% 7.3% −1.0% 3.3% — 4.9%
Revenue growth, latest quarter 25.4% −1.0% 12.3% 43.6% 0.3% — 6.9%
Operating margin — 22.9% — — 12.3% 28.8% 12.3%
Operating margin, 3-year average — 22.2% — — 12.1% 17.9% 15.0%
Net margin 11.9% 26.9% 12.2% 4.5% 5.3% 34.6% 6.5%
Cash from operations / revenue 33.3% 14.6% −6.9% 9.2% 6.2% — 14.6%
Free-cash-flow margin 32.5% — — 5.7% 5.2% — 19.4%
Free-cash-flow margin, 3-year average 31.9% — — 8.8% 8.7% — 21.3%
Change in share count −4.0% −5.7% 11.4% −12.8% −8.2% −4.7% −4.7%

Median of all 18 companies we cover in life & health insurance. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

18 life & health insurance companies
Measure Company Peer median Rank
Revenue growth Growth 5.2% 7.0% 11 of 18
Change in growth rate Growth +1.5pp +1.5pp 9 of 18
Net margin Profitability 11.9% 6.9% 7 of 18
Change in share count Balance sheet -4.0% -4.7% 11 of 16

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue YoY
Segment Retirement and Income Solutions $8.2B ▲ 2.6%
Segment Benefits and Protection $5B ▲ 3.7%
Segment Principal Asset Management $2.8B ▲ 0.7%
Segment Corporate $101M ▲ 31.8%

These categories overlap or exclude eliminations, so shares aren't shown.

From Principal Financial Group's 10-K filed February 18, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$18.3B
Institutions reporting
944
Shares held vs prior quarter
▲ 1.3%
Positions opened / closed
100 / 54

Top buyers and sellers, Q2 2026: 491 institutions bought and 321 sold ; the biggest buyer was Charles Schwab Investment Management Inc (+578K shares) and the biggest seller Bank Of America Corp (−1.9M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $2.2B 20.0M 11.8% ▼ 1.5%
Nippon Life Insurance Co $2B 18.1M 10.7% 0.0%
Vanguard Capital Management LLC $1.5B 13.5M 7.9% 0.0%
Vanguard Portfolio Management LLC $1.2B 11.3M 6.6% 0.0%
State Street Corp $1.1B 10.3M 6.0% ▲ 0.8%
Bank Of America Corp $742M 6.9M 4.0% ▼ 21.9%
Charles Schwab Investment Management Inc $701M 6.5M 3.8% ▲ 9.8%
Capital World Investors $651M 6.0M 3.5% ▲ 0.2%
Geode Capital Management, LLC $610M 5.7M 3.3% ▲ 0.4%
Dimensional Fund Advisors LP $423M 3.9M 2.3% ▲ 0.9%
Invesco Ltd. $407M 3.8M 2.2% ▲ 6.5%
Northern Trust Corp $350M 3.2M 1.9% ▼ 2.5%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Principal Financial Group's complete shareholder register. Values are as reported by the filers ; 7 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $485 1 trade by 1 insider, last 12 months Insider sales History → $5.4M 12 trades by 3 insiders · 44% under pre-set plans
Net ▼ $5.4M net selling
Insider Date Trade Shares Price Value
Cheong Wee Yee President - Asia & Middle East May 21, 2026 Sell 7,534 $103.16 $777,207
Cheong Wee Yee President - Asia & Middle East May 20, 2026 Sell 3,211 $103.06 $330,926
Cheong Wee Yee President - Asia & Middle East May 1, 2026 Sell 9,183 $101.26 $929,871
Djurasovic George Interim General Counsel April 30, 2026 Sell 1 $99.63 $99
Cheong Wee Yee President - Asia & Middle East April 30, 2026 Sell 4,737 $101.01 $478,484
Cheong Wee Yee President - Asia & Middle East April 29, 2026 Sell 1,080 $101.00 $109,080
Djurasovic George Interim General Counsel April 28, 2026 Sell 2,571 $100.83 $259,234
Muruzabal Claudio Director February 9, 2026 Buy 5 $97.09 $485
Strable-Soethout Deanna D President and CEO January 30, 2026 Sell pre-set plan 7,340 $95.00 $697,300
Strable-Soethout Deanna D President and CEO January 29, 2026 Sell pre-set plan 9,300 $95.12 $884,616
Strable-Soethout Deanna D President and CEO January 22, 2026 Sell pre-set plan 8,025 $92.56 $742,794
Strable-Soethout Deanna D President and CEO January 8, 2026 Sell pre-set plan 300 $92.50 $27,750

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 6 trades and filings

No trades in Principal Financial Group disclosed in the last 12 months; 6 earlier trades on record.

  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded October 31, 2025, filed November 21, 2025
  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded October 30, 2025, filed November 21, 2025
  • Lisa C. McClain(R-MI 9):Purchase, $1,001 - $15,000, traded October 30, 2025, filed November 21, 2025

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around February 8, 2027 estimated from the company's past filing pattern, not announced

  • October 26, 2026
  • July 27, 2026
  • April 23, 2026
  • February 9, 2026
  • October 27, 2025
  • July 28, 2025

Recent SEC filings

Data status

When each part of this page on Principal Financial Group was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Principal Financial Group in brief

What does Principal Financial Group do?
Principal Financial Group is a US-listed company in the life & health insurance industry. Its financial year ends in December.
What is Principal Financial Group's stock ticker?
Principal Financial Group trades under the ticker PFG on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Principal Financial Group's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Principal Financial Group reported revenue of $16.6B, 5.2% higher than a year earlier, according to its SEC filings.
Who are Principal Financial Group's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Nippon Life Insurance Co and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Principal Financial Group buying back stock, and does it pay a dividend?
Principal Financial Group spent $1B on share repurchases over the trailing twelve months, and its diluted share count fell 4.0% over the year.
What is Principal Financial Group's market cap?
On November 2, 2026, Principal Financial Group's market capitalisation was about $24.8B, with a price-to-earnings ratio of 12.5 and net debt of $53.1M. Market figures come from third-party market data and may be delayed.
Does Principal Financial Group pay a dividend?
Yes: Principal Financial Group paid $701M in dividends over the trailing twelve months and a payout ratio of 35.5%.
Who are Principal Financial Group's competitors?
In our Life & Health Insurance peer group, the companies closest to Principal Financial Group are Aflac, Lincoln National Corp, Corebridge Financial, Inc., Unum Group and Prudential PLC. The side-by-side comparison below sets their revenue, margins and growth against Principal Financial Group's.
Are insiders buying or selling Principal Financial Group stock?
Over the last 12 months, Principal Financial Group's directors and officers reported 1 open-market purchases and 12 sales on Form 4. The insider trading page charts every trade.
When is Principal Financial Group's next earnings date?
Around February 8, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Principal Financial Group announces its own schedule.