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PFG logoPrincipal Financial Group, Inc. (PFG) Earnings History

Annual and quarterly earnings data from 2000 to 2025

TTM Net Income
$1.19B
Profitable
TTM EPS
$5.33
Diluted
YoY EPS Growth
-21.4%
Declining
Net Margin
7.6%
Profitability
Operating Margin9.1%
Gross Margin45.2%
ROE9.9%
ROA0.4%
Highest Annual Net Income$4.76B (2022)
Highest Quarterly EPS$12.17 (Q2 2022)
Consecutive Profitable Years26 years
Q4 2025
Net Income$517M
EPS$2.32
QoQ Growth+141.8%Excellent

Loading earnings history...

PFG EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-21.4%
Declining
3-Year
-34.4%
Declining
5-Year
+0.8%
Solid
10-Year
+2.6%
Solid

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

PFG Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202545.2%9.1%7.6%
202445.6%11.7%9.7%
202343.2%5.4%4.6%
202263.0%34.1%27.1%
202149.0%13.2%11.0%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Principal Financial Group, Inc. (PFG) Earnings Overview

As of May 8, 2026, Principal Financial Group, Inc. (PFG) reported trailing twelve-month net income of $1.19B, reflecting -21.4% year-over-year growth. The company earned $5.33 per diluted share over the past four quarters, with a net profit margin of 7.6%.

Looking at the long-term picture, PFG's 5-year EPS compound annual growth rate (CAGR) stands at +0.8%, reflecting modest earnings expansion. The company achieved its highest annual net income of $4.76B in fiscal 2022.

Principal Financial Group, Inc. maintains positive profitability with a gross margin of 45.2%, operating margin of 9.1%, and net margin of 7.6%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including MET ($3.62B net income, 4.4% margin), PRU ($3.48B net income, 5.9% margin), LNC ($1.73B net income, 6.5% margin), PFG has outperformed on profitability metrics. Compare PFG vs MET →

PFG Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
PFG logoPFGCurrent
$1.2B$5.337.6%9.9%-21.4%—
MET logoMET
$3.6B$5.524.4%11.9%-19.2%
PRU logoPRU
$3.5B$9.955.9%10.9%+36.3%
LNC logoLNC
$1.7B-6.5%12.3%-68.3%
UNM logoUNM
$781M$4.755.7%6.7%-54.8%
VOYA logoVOYA
$693M$7.148.7%10.0%+2.4%
Best in group
Lowest in group

PFG Historical Earnings Data (2000–2025)

26 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$1.19B-24.6%$1.42B$5.257.6%9.1%
2024$1.57B+152.1%$1.89B$6.689.7%11.7%
2023$623M-86.9%$739M$2.554.6%5.4%
2022$4.76B+201.0%$5.99B$18.6327.1%34.1%
2021$1.58B+13.2%$1.91B$5.7911.0%13.2%
2020$1.40B+0.1%$1.69B$5.059.5%11.5%
2019$1.39B-9.8%$1.69B$4.968.6%10.4%
2018$1.55B-33.1%$1.78B$5.3510.9%12.5%
2017$2.31B+75.5%$2.25B$7.8816.4%16.0%
2016$1.32B+6.7%$1.59B$4.5010.6%12.8%

Full PFG Stock Analysis

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Compare PFG vs BRK-A

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PFG — Frequently Asked Questions

Quick answers to the most common questions about buying PFG stock.

Is PFG growing earnings?

PFG EPS fell to $5.33, with earnings declining -21.4%. This contrasts with the 5-year CAGR of +0.8%. TTM net income dropped to $1.2B.

What are PFG's profit margins?

Principal Financial Group, Inc. net margin is +7.6%, with operating margin at +9.1%. Margins sit within typical range for the sector.

How consistent are PFG's earnings?

PFG earnings data spans 2000-2025. The declining earnings trend is -21.4% YoY. Historical data enables comparison across business cycles.

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PFG Earnings Over Time (2014–2025)

Net income and EPS trends