US · USD

PFG

Principal Financial Group Inc

$111.03-0.83% (-$0.93)Updated 10/5/26, 5:00 PM

Day's range: $110.83 – $112.73
Day's volume: $154.6M
52-week range: $75.78 – $118.51

Follow PFG in the Fuolio

See how PFG weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

PFG in numbers

Market cap: $24B

P/E: 14.70

P/B: 2.03

Dividend yield (12m): 2.93%

The 12-month dividend yield of PFG is 2.93%, below its 5-year average of 3.38%.

PFG price history

10/06/202510/05/2026

Compare with

PFG risk and return

Monthly closes adjusted for splits and distributions.

Metric	12 months	36 months	60 months
Return	+35.41%	+65.75%	+91.44%
Volatility (annualized)	16.12%	18.44%	24.13%
Largest drawdown	-4.72%	-15.96%	-27.96%
Positive months	8/12	24/36	37/60

How much did investing in PFG return?

Amount invested

$1,000.00 invested on 11/01/2021 would be worth $1,914.42 today.

Value today in PFG: $1,914.42

Return over the period: +91.44%

Return per year: +14.09%

In the S&P 500: $1,702.20

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

PFG fundamentals

Valuation

P/E
14.70
P/B
2.03
EV/EBITDA
—
EV/EBIT
—
EV/Revenue
1.54
P/EBIT
—
P/S
1.55
P/OCF
6.40
P/FCF
—
Earnings yield
—
PEG ratio
—
Earnings per share
$7.56
Book value per share
$54.70

Debt

Net debt
-$108.1M
Net debt/EBITDA
—
Net debt/Equity
-0.01
Debt/Equity
0.33
Current ratio
—
Quick ratio
—
Cash ratio
—

Efficiency

Gross margin
—
EBITDA margin
—
Operating margin
—
Net margin
10.56%
Asset turnover
0.05

Profitability

ROE
13.81%
ROA
0.49%
ROIC
—
Payout
43.02%

Growth

Revenue CAGR (5 years)
2.90%
Earnings CAGR (5 years)
0.10%
Revenue growth (year)
—
Earnings growth (year)
—
Revenue growth (quarter)
—
Earnings growth (quarter)
—

What is PFG's fair price?

Two classic value formulas, with today's numbers. The current price is $111.03.

Graham's fair price: $96.43; 13.15% below the price

√(22.50 × $7.56 × $54.70)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price: $45.10; 59.38% below the price

$2.71 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

PFG's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator	2025	2024	2023	2022	2021	2020	2019	2018
P/E	15.23	10.93	27.69	4.20	10.75	9.69	10.84	7.95
P/B	1.61	1.58	1.70	2.04	1.18	0.82	1.03	1.08
Dividend yield	3.49%	3.68%	3.30%	3.05%	3.37%	4.52%	3.96%	4.75%
Earnings per share	$5.79	$7.08	$2.84	$19.96	$6.73	$5.12	$5.08	$5.56
Book value per share	$54.81	$49.15	$46.28	$41.04	$61.51	$60.74	$53.22	$40.93
ROE	10.56%	14.41%	6.14%	48.64%	10.94%	8.43%	9.54%	13.58%
Net margin	8.03%	9.91%	4.90%	27.67%	12.18%	9.47%	8.59%	10.86%

PFG's financial statements

Line	2025	2024	2023	2022	2021	2020
Net revenue	$15.6B	$16.1B	$13.7B	$17.5B	$14.4B	$14.7B
Cost of revenue	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—
EBITDA	—	—	—	—	—	—
EBIT	—	—	—	—	—	—
Financial result	—	—	—	—	—	—
Income before tax	—	—	—	—	—	—
Income tax	-$160.5M	-$291.7M	-$68.7M	-$1.2B	-$283.9M	-$265M
Net income	$1.3B	$1.6B	$670.1M	$4.9B	$1.8B	$1.4B

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does PFG pay dividends?

Dividend yield per year

2.65%2017
4.75%2018
3.96%2019
4.52%2020
3.37%2021
3.05%2022
3.30%2023
3.68%2024
3.49%2025
2.22%2026

Payment history
Type	Last day to own	Payment	Per share
Dividend	09/02/2026	09/25/2026	$0.84
Dividend	05/29/2026	06/26/2026	$0.82
Dividend	03/10/2026	03/27/2026	$0.80
Dividend	12/02/2025	12/19/2025	$0.79
Dividend	09/03/2025	09/26/2025	$0.78
Dividend	05/30/2025	06/27/2025	$0.76
Dividend	03/11/2025	03/28/2025	$0.75
Dividend	11/29/2024	12/18/2024	$0.73
Dividend	09/04/2024	09/27/2024	$0.72
Dividend	05/31/2024	06/27/2024	$0.71
Dividend	03/08/2024	03/28/2024	$0.69
Dividend	11/29/2023	12/20/2023	$0.67

See all 40 distributions

Earlier distributions
Type	Last day to own	Payment	Per share
Dividend	09/05/2023	09/29/2023	$0.65
Dividend	05/30/2023	06/30/2023	$0.64
Dividend	03/13/2023	03/31/2023	$0.64
Dividend	11/29/2022	12/19/2022	$0.64
Dividend	09/06/2022	09/30/2022	$0.64
Dividend	05/31/2022	06/24/2022	$0.64
Dividend	03/08/2022	03/25/2022	$0.64
Dividend	11/29/2021	12/21/2021	$0.64
Dividend	08/30/2021	09/24/2021	$0.63
Dividend	06/01/2021	06/25/2021	$0.61
Dividend	02/25/2021	03/26/2021	$0.56
Dividend	11/30/2020	12/21/2020	$0.56
Dividend	08/28/2020	09/25/2020	$0.56
Dividend	05/28/2020	06/26/2020	$0.56
Dividend	02/27/2020	03/27/2020	$0.56
Dividend	11/29/2019	12/27/2019	$0.55
Dividend	09/03/2019	09/27/2019	$0.55
Dividend	05/30/2019	06/28/2019	$0.54
Dividend	02/28/2019	03/29/2019	$0.54
Dividend	11/29/2018	12/28/2018	$0.54
Dividend	09/04/2018	09/28/2018	$0.53
Dividend	05/31/2018	06/29/2018	$0.52
Dividend	03/01/2018	03/29/2018	$0.51
Dividend	11/30/2017	12/28/2017	$0.49
Dividend	08/29/2017	09/29/2017	$0.47
Dividend	05/31/2017	06/30/2017	$0.46
Dividend	03/01/2017	03/31/2017	$0.45
Dividend	11/30/2016	12/27/2016	$0.43

About Principal Financial Group

Sector: Finance, insurance and real estate

Questions about PFG

How much is PFG today?

PFG is at $111.03 (-0.83% on the day), last traded on 10/05/2026.

How much did PFG pay in dividends in 2025?

PFG paid $3.08 per share in 2025, a dividend yield of 3.49%.

What are the P/E and P/B of PFG?

PFG trades at a P/E of 14.70 and a P/B of 2.03.

How much did PFG return in 12 months?

PFG returned 35.41% in 12 months, with annualized volatility of 16.12% and a largest drawdown of -4.72%.