Principal Financial (PFG) FCF Margin (2009 - 2026)
Principal Financial (PFG) reported FCF Margin of 31.41% for Q3 2026, up 5.44 percentage points from 25.97% a year earlier but down 18.55 percentage points from the prior quarter.
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Analysis
Principal Financial (PFG) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Principal Financial's FCF Margin came in at 31.27%, up 5.79 percentage points year-over-year; for FY2025, it was 27.54%, up 0.47 percentage points from FY2024.
- FCF Margin has increased for three consecutive years, with a five-year change of +4.68 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 27.07% in FY2024 (+1.44 pp), 25.63% in FY2023 (+9.60 pp), 16.03% in FY2022 (-3.67 pp) and 19.71% in FY2021 (-3.15 pp).
- Five-year quarterly FCF Margin spans a low of -2.61% in Q1 2022 and a high of 49.96% in Q2 2026.
- Year over year, FCF Margin gained in four of the last eight quarters, with an average year-over-year change of +1.09 percentage points.
- The high point for year-over-year FCF Margin in five years was Q2 2026 (a gain of 29.35 percentage points); the low point was Q1 2026 (a drop of 21.26 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 49.96% (Q2 2026), 3.85% (Q1 2026) and 36.32% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.98 Bn | 145.51 Bn | - | 33.60% |
| 2 | Spdr Gold Trust | 130.03 Bn | -427.97 Bn | - | - |
| 3 | Brookfield | 104.97 Bn | -79.04 Bn | - | - |
| 4 | Blackstone | 93.15 Bn | 87.36 Bn | - | 62.59% |
| 5 | Kkr | 90.40 Bn | 57.10 Bn | 1.76 Bn | 46.12% |
| 6 | Brookfield Asset Management | 85.45 Bn | 80.34 Bn | - | 68.19% |
| 7 | Apollo Global Management | 72.50 Bn | 89.29 Bn | 4.14 Bn | 2.87% |
| 8 | Wheaton Precious Metals | 62.02 Bn | 62.02 Bn | 538.50 Mn | - |
| 9 | Ares Management | 50.21 Bn | 48.79 Bn | 376.28 Mn | -8.47% |
| 10 | Principal Financial | 24.68 Bn | 2.16 Bn | 2.30 Bn | 31.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 31.41% |
| Jun 30, 2026 | 49.96% |
| Mar 31, 2026 | 3.85% |
| Dec 31, 2025 | 36.32% |
| Sep 30, 2025 | 25.97% |
| Jun 30, 2025 | 20.61% |
| Mar 31, 2025 | 25.11% |
| Dec 31, 2024 | 29.16% |
| Sep 30, 2024 | 35.55% |
| Jun 30, 2024 | 31.85% |
| Mar 31, 2024 | 13.26% |
| Dec 31, 2023 | 32.19% |
| Sep 30, 2023 | 21.45% |
| Jun 30, 2023 | 28.89% |
| Mar 31, 2023 | 22.09% |
| Dec 31, 2022 | 32.59% |
| Sep 30, 2022 | 24.08% |
| Jun 30, 2022 | 11.27% |
| Mar 31, 2022 | -2.61% |
| Dec 31, 2021 | 24.27% |
API Access
Principal Financial FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=PFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "PFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=PFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();