FGN
F&G Annuities & Life, Inc.
Insurance - Life
Market Cap$3.37B
5Y Perf.-3.0%
Compare Stocks
2 / 10Try these comparisons:
Stock Comparison
FGN vs PFG
Revenue, margins, valuation, and 5-year total return — side by side.
PFG
Principal Financial Group, Inc.
Insurance - Diversified
Market Cap$21.67B
5Y Perf.+27.2%
FGN vs PFG — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | FGN | PFG |
|---|---|---|
| Industry | Insurance - Life | Insurance - Diversified |
| Market Cap | $3.37B | $21.67B |
| Revenue (TTM) | $5.53B | $15.63B |
| Net Income (TTM) | $464M | $1.19B |
| Gross Margin | 96.0% | 45.2% |
| Operating Margin | 62.2% | 9.1% |
| Forward P/E | 4.5x | 10.7x |
| Total Debt | $2.17B | $4.20B |
| Cash & Equiv. | $2.26B | $4.43B |
FGN vs PFG — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
FGN
PFG
| Stock | Dec 23 | May 26 | Return |
|---|---|---|---|
| F&G Annuities & Lif… (FGN) | 100 | 97.0 | -3.0% |
| Principal Financial… (PFG) | 100 | 127.2 | +27.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: FGN vs PFG
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: FGN leads in 6 of 7 categories, making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. Principal Financial Group, Inc. is the stronger pick specifically for recent price momentum and sentiment. As sector peers, any of these can serve as alternatives in the same allocation.
FGN
F&G Annuities & Life, Inc.
The Insurance Pick
FGN carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 0.67, yield 3.7%
- Rev growth 26.6%, EPS growth 11.1%, 3Y rev CAGR 13.1%
- Lower volatility, beta 0.67, Low D/E 53.3%, current ratio 9716.20x
Best for: income & stability and growth exposure
PFG
Principal Financial Group, Inc.
The Insurance Pick
PFG is the clearest fit if your priority is long-term compounding.
- 195.8% 10Y total return vs FGN's 15.0%
- +33.0% vs FGN's +4.4%
Best for: long-term compounding
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | FGN | 26.6% revenue growth vs PFG's -3.1% |
| Value | FGN | Lower P/E (4.5x vs 10.7x) |
| Quality / Margins | FGN | 8.4% margin vs PFG's 7.6% |
| Stability / Safety | FGN | Beta 0.67 vs PFG's 1.00 |
| Dividends | FGN | 3.7% yield, 2-year raise streak, vs PFG's 3.0% |
| Momentum (1Y) | PFG | +33.0% vs FGN's +4.4% |
| Efficiency (ROA) | FGN | 0.5% ROA vs PFG's 0.4%, ROIC 19.4% vs 9.0% |
FGN vs PFG — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2024
FY 2025
FGN vs PFG — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLFGNLAGGINGPFG
PFGPrincipal Financial G…
1leads
FGNF&G Annuities & Life,…
2leads
6 Total Categories
CATEGORYLEADERvs PFGMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
FGN5/6
Valuation MetricsMultiples, price ratios, and targets
FGN6/6
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
Tied
—
Total Returns1Y, 3Y, 5Y total returns with dividends
PFG6/6
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
Tied
—
Income & Cash Flow (Last 12 Months)
FGN leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
PFG is the larger business by revenue, generating $15.6B annually — 2.8x FGN's $5.5B. Profitability is closely matched — net margins range from 8.4% (FGN) to 7.6% (PFG). On growth, FGN holds the edge at +16.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | FGNF&G Annuities & L… | PFGPrincipal Financi… |
|---|---|---|
| RevenueTrailing 12 months | $5.5B | $15.6B |
| EBITDAEarnings before interest/tax | $4.0B | $1.4B |
| Net IncomeAfter-tax profit | $464M | $1.2B |
| Free Cash FlowCash after capex | $5.2B | $4.4B |
| Gross MarginGross profit ÷ Revenue | +96.0% | +45.2% |
| Operating MarginEBIT ÷ Revenue | +62.2% | +9.1% |
| Net MarginNet income ÷ Revenue | +8.4% | +7.6% |
| FCF MarginFCF ÷ Revenue | +93.5% | +28.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +16.5% | -3.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -43.7% | -40.8% |
FGN leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
FGN leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 5.3x trailing earnings, FGN trades at a 72% valuation discount to PFG's 19.1x P/E. On an enterprise value basis, FGN's 2.2x EV/EBITDA is more attractive than PFG's 12.9x.
| Metric | FGNF&G Annuities & L… | PFGPrincipal Financi… |
|---|---|---|
| Market CapShares × price | $3.4B | $21.7B |
| Enterprise ValueMkt cap + debt − cash | $3.3B | $21.4B |
| Trailing P/EPrice ÷ TTM EPS | 5.27x | 19.05x |
| Forward P/EPrice ÷ next-FY EPS est. | 4.54x | 10.75x |
| PEG RatioP/E ÷ EPS growth rate | — | 13.78x |
| EV / EBITDAEnterprise value multiple | 2.17x | 12.86x |
| Price / SalesMarket cap ÷ Revenue | 0.59x | 1.39x |
| Price / BookPrice ÷ Book value/share | 0.80x | 1.82x |
| Price / FCFMarket cap ÷ FCF | 0.56x | 4.88x |
FGN leads this category, winning 6 of 6 comparable metrics.
Profitability & Efficiency
Evenly matched — FGN and PFG each lead in 4 of 8 comparable metrics.
Profitability & Efficiency
PFG delivers a 9.9% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $9 for FGN. PFG carries lower financial leverage with a 0.34x debt-to-equity ratio, signaling a more conservative balance sheet compared to FGN's 0.53x.
| Metric | FGNF&G Annuities & L… | PFGPrincipal Financi… |
|---|---|---|
| ROE (TTM)Return on equity | +9.4% | +9.9% |
| ROA (TTM)Return on assets | +0.5% | +0.4% |
| ROICReturn on invested capital | +19.4% | +9.0% |
| ROCEReturn on capital employed | +1.8% | +0.4% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 6 |
| Debt / EquityFinancial leverage | 0.53x | 0.34x |
| Net DebtTotal debt minus cash | -$93M | -$227M |
| Cash & Equiv.Liquid assets | $2.3B | $4.4B |
| Total DebtShort + long-term debt | $2.2B | $4.2B |
| Interest CoverageEBIT ÷ Interest expense | 2.63x | 644.64x |
Evenly matched — FGN and PFG each lead in 4 of 8 comparable metrics.
Total Returns (Dividends Reinvested)
PFG leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in PFG five years ago would be worth $17,072 today (with dividends reinvested), compared to $11,504 for FGN. Over the past 12 months, PFG leads with a +33.0% total return vs FGN's +4.4%. The 3-year compound annual growth rate (CAGR) favors PFG at 15.0% vs FGN's 4.8% — a key indicator of consistent wealth creation.
| Metric | FGNF&G Annuities & L… | PFGPrincipal Financi… |
|---|---|---|
| YTD ReturnYear-to-date | -0.5% | +12.8% |
| 1-Year ReturnPast 12 months | +4.4% | +33.0% |
| 3-Year ReturnCumulative with dividends | +15.0% | +52.3% |
| 5-Year ReturnCumulative with dividends | +15.0% | +70.7% |
| 10-Year ReturnCumulative with dividends | +15.0% | +195.8% |
| CAGR (3Y)Annualised 3-year return | +4.8% | +15.0% |
PFG leads this category, winning 6 of 6 comparable metrics.
Risk & Volatility
Evenly matched — FGN and PFG each lead in 1 of 2 comparable metrics.
Risk & Volatility
FGN is the less volatile stock with a 0.67 beta — it tends to amplify market swings less than PFG's 1.00 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. PFG currently trades 97.1% from its 52-week high vs FGN's 90.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | FGNF&G Annuities & L… | PFGPrincipal Financi… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.67x | 1.00x |
| 52-Week HighHighest price in past year | $27.60 | $103.00 |
| 52-Week LowLowest price in past year | $7.56 | $75.00 |
| % of 52W HighCurrent price vs 52-week peak | +90.7% | +97.1% |
| RSI (14)Momentum oscillator 0–100 | 64.5 | 69.4 |
| Avg Volume (50D)Average daily shares traded | 49K | 1.5M |
Evenly matched — FGN and PFG each lead in 1 of 2 comparable metrics.
Analyst Outlook
Evenly matched — FGN and PFG each lead in 1 of 2 comparable metrics.
Analyst Outlook
For income investors, FGN offers the higher dividend yield at 3.69% vs PFG's 3.03%.
| Metric | FGNF&G Annuities & L… | PFGPrincipal Financi… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Hold |
| Price TargetConsensus 12-month target | — | $94.50 |
| # AnalystsCovering analysts | — | 25 |
| Dividend YieldAnnual dividend ÷ price | +3.7% | +3.0% |
| Dividend StreakConsecutive years of raises | 2 | 17 |
| Dividend / ShareAnnual DPS | $0.92 | $3.03 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.4% | +4.2% |
Evenly matched — FGN and PFG each lead in 1 of 2 comparable metrics.
Key Takeaway
FGN leads in 2 of 6 categories (Income & Cash Flow, Valuation Metrics). PFG leads in 1 (Total Returns). 3 tied.
Best OverallF&G Annuities & Life, Inc. (FGN)Leads 2 of 6 categories
Loading custom metrics...
FGN vs PFG: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is FGN or PFG a better buy right now?
For growth investors, F&G Annuities & Life, Inc.
(FGN) is the stronger pick with 26. 6% revenue growth year-over-year, versus -3. 1% for Principal Financial Group, Inc. (PFG). F&G Annuities & Life, Inc. (FGN) offers the better valuation at 5. 3x trailing P/E (4. 5x forward), making it the more compelling value choice. Analysts rate Principal Financial Group, Inc. (PFG) a "Hold" — based on 25 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — FGN or PFG?
On trailing P/E, F&G Annuities & Life, Inc.
(FGN) is the cheapest at 5. 3x versus Principal Financial Group, Inc. at 19. 1x. On forward P/E, F&G Annuities & Life, Inc. is actually cheaper at 4. 5x.
03Which is the better long-term investment — FGN or PFG?
Over the past 5 years, Principal Financial Group, Inc.
(PFG) delivered a total return of +70. 7%, compared to +15. 0% for F&G Annuities & Life, Inc. (FGN). Over 10 years, the gap is even starker: PFG returned +195. 8% versus FGN's +15. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — FGN or PFG?
By beta (market sensitivity over 5 years), F&G Annuities & Life, Inc.
(FGN) is the lower-risk stock at 0. 67β versus Principal Financial Group, Inc. 's 1. 00β — meaning PFG is approximately 49% more volatile than FGN relative to the S&P 500. On balance sheet safety, Principal Financial Group, Inc. (PFG) carries a lower debt/equity ratio of 34% versus 53% for F&G Annuities & Life, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — FGN or PFG?
By revenue growth (latest reported year), F&G Annuities & Life, Inc.
(FGN) is pulling ahead at 26. 6% versus -3. 1% for Principal Financial Group, Inc. (PFG). On earnings-per-share growth, the picture is similar: F&G Annuities & Life, Inc. grew EPS 1111% year-over-year, compared to -21. 4% for Principal Financial Group, Inc.. Over a 3-year CAGR, FGN leads at 13. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — FGN or PFG?
F&G Annuities & Life, Inc.
(FGN) is the more profitable company, earning 10. 8% net margin versus 7. 6% for Principal Financial Group, Inc. — meaning it keeps 10. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FGN leads at 16. 4% versus 9. 1% for PFG. At the gross margin level — before operating expenses — FGN leads at 100. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is FGN or PFG more undervalued right now?
On forward earnings alone, F&G Annuities & Life, Inc.
(FGN) trades at 4. 5x forward P/E versus 10. 7x for Principal Financial Group, Inc. — 6. 2x cheaper on a one-year earnings basis.
08Which pays a better dividend — FGN or PFG?
All stocks in this comparison pay dividends.
F&G Annuities & Life, Inc. (FGN) offers the highest yield at 3. 7%, versus 3. 0% for Principal Financial Group, Inc. (PFG).
09Is FGN or PFG better for a retirement portfolio?
For long-horizon retirement investors, F&G Annuities & Life, Inc.
(FGN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 67), 3. 7% yield). Both have compounded well over 10 years (FGN: +15. 0%, PFG: +195. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between FGN and PFG?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: FGN is a small-cap high-growth stock; PFG is a mid-cap income-oriented stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
Revenue Growth>
%
(FGN: 16.5% · PFG: -3.7%)Net Margin>
%
(FGN: 8.4% · PFG: 7.6%)P/E Ratio<
x
(FGN: 5.3x · PFG: 19.1x)You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.