Last 47 quarters of trend data · Financial Services · Insurance - Diversified
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Principal Financial Group, Inc.'s quarterly P/E stands at 9.5x, up 92.5% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 90.7% YoY to 7.6x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 19.05 | 9.51 | 22.05 | 11.09 | 100.44 | 4.94 | — | 13.16 | 9.72 | — | 3.53 | 12.00 | — |
| — | +92.5% | — | -15.7% | +933.4% | — | — | +9.7% | — | — | +2.2% | +774.6% | — | |
| P/S Ratio | 1.39 | 1.07 | 1.28 | 1.23 | 1.28 | 0.94 | 1.65 | 1.08 | 1.27 | 1.73 | 0.96 | 1.31 | 1.60 |
| — | +13.8% | -22.5% | +13.8% | +0.7% | -45.5% | +71.9% | -17.7% | -20.6% | +5.6% | -2.6% | +103.8% | +2.6% | |
| P/B Ratio | 1.82 | 1.58 | 1.55 | 1.52 | 1.64 | 1.56 | 1.71 | 1.64 | 1.78 | 1.66 | 1.60 | 1.75 | 1.72 |
| — | +1.5% | -9.4% | -7.3% | -7.7% | -5.9% | +6.6% | -6.3% | +3.7% | -16.3% | -14.1% | +15.8% | +8.7% | |
| P/FCF | 4.88 | 2.87 | 4.79 | 5.70 | 4.94 | 3.10 | 4.46 | 3.28 | 9.10 | 5.08 | 4.28 | 4.30 | 6.81 |
| — | -7.5% | +7.4% | +73.7% | -45.8% | -38.9% | +4.2% | -23.7% | +33.7% | +12.6% | +7.0% | -21.5% | -99.1% | |
| EV / EBITDA | 12.86 | 7.63 | 17.69 | 9.08 | 168.30 | 4.00 | — | 9.98 | 8.16 | — | 2.65 | 10.23 | — |
| — | +90.7% | — | -9.0% | +1961.7% | — | — | -2.4% | — | — | -3.4% | +788.3% | — | |
| EV / EBIT | 15.15 | 7.63 | 17.69 | 9.08 | 168.30 | 4.00 | — | 9.98 | 8.16 | — | 2.65 | 10.23 | — |
| — | +90.7% | — | -9.0% | +1961.7% | — | — | -2.4% | — | — | -3.4% | +788.3% | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Principal Financial Group, Inc.'s operating margin was 13.9% in Q4 2025, up 7.1 pp QoQ and down 9.5 pp YoY. The trailing four-quarter average of 8.8% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 11.1% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.2% | 46.9% | 44.9% | 49.6% | 38.9% | 52.8% | 35.1% | 41.5% | 49.3% | 7.6% | 63.3% | 48.6% | 37.4% |
| — | -11.1% | +27.9% | +19.6% | -21.1% | +592.4% | -44.6% | -14.7% | +32.0% | -80.6% | +1.8% | -39.2% | -26.9% | |
| Operating Margin | 9.1% | 13.9% | 6.7% | 13.7% | 0.8% | 23.4% | -9.8% | 10.3% | 15.5% | -41.1% | 34.9% | 12.8% | -7.5% |
| — | -40.7% | +169.2% | +33.1% | -94.9% | +156.9% | -128.0% | -19.2% | +305.2% | -26308.7% | -1.6% | -78.6% | -161.7% | |
| Net Margin | 7.6% | 11.3% | 5.8% | 11.1% | 1.3% | 19.1% | -7.3% | 8.2% | 13.1% | -32.4% | 27.1% | 10.9% | -5.0% |
| — | -40.7% | +179.5% | +35.1% | -90.1% | +158.8% | -127.0% | -25.1% | +364.3% | -10545.9% | -4.7% | -76.6% | -145.4% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.9% | 4.2% | 1.8% | 3.5% | 0.4% | 7.9% | -1.9% | 3.1% | 4.7% | -7.9% | 11.5% | 3.7% | -1.3% |
| — | -46.3% | +192.9% | +12.8% | -91.0% | +200.0% | -116.7% | -16.1% | +447.2% | -8186.5% | -7.7% | -86.1% | -157.0% | |
| ROA | 0.4% | 0.2% | 0.1% | 0.1% | 0.0% | 0.3% | -0.1% | 0.1% | 0.2% | -0.3% | 0.4% | 0.1% | -0.0% |
| — | -46.2% | +193.3% | +11.6% | -91.1% | +196.8% | -116.4% | -11.9% | +473.1% | -9087.5% | -7.1% | -87.8% | -140.9% | |
| ROIC | 9.0% | 4.1% | 1.6% | 3.1% | 0.2% | 8.0% | -2.2% | 3.0% | 4.3% | -8.0% | 11.5% | 3.2% | -1.6% |
| — | -48.6% | +172.9% | +2.8% | -95.7% | +201.0% | -119.3% | -5.3% | +371.3% | -20772.7% | +3.0% | -85.7% | -190.8% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Principal Financial Group, Inc.'s Debt/EBITDA ratio is 6.6x, down from 15.9x last quarter — elevated, raising questions about debt serviceability.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.34 | 0.34 | 0.32 | 0.33 | 0.38 | 0.36 | 0.34 | 0.35 | 0.34 | 0.36 | 0.36 | 0.38 | 0.45 |
| — | -5.3% | -5.2% | -5.2% | +9.8% | +0.6% | -4.9% | -6.9% | -23.3% | -10.0% | -13.3% | -1.6% | +20.3% | |
| Debt / EBITDA | 2.52 | 6.61 | 15.85 | 7.85 | 150.53 | 3.69 | — | 8.97 | 6.35 | — | 2.46 | 8.86 | — |
| — | +79.1% | — | -12.5% | +2270.4% | — | — | +1.2% | — | — | -0.1% | +709.2% | — | |
| Current Ratio | 2.35 | 2.35 | 0.28 | 309.08 | 0.21 | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Quick Ratio | 2.35 | 2.35 | 0.28 | 309.08 | 0.21 | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Interest Coverage | 644.64 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Principal Financial Group, Inc.'s current P/E is 19.1x. The average P/E over the last 4 quarters is 35.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Principal Financial Group, Inc.'s current operating margin is 9.1%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Principal Financial Group, Inc.'s business trajectory between earnings reports.