Principal Financial (PFG) Gross Margin (2009 - 2026)
Principal Financial (PFG) reported Gross Margin of 40.33% for Q1 2026, down 8026.0% year-over-year from 0.51% in Q1 2025, and down 152.52% on a QoQ basis from 76.79% in Q4 2025.
Principal Financial (PFG) has 18 years of Gross Margin data on file, last reported at 40.33% in Q1 2026.
- Quarterly Gross Margin fell 8026.0% year-over-year to 40.33% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 54.01% (up 8065.0% YoY) and the FY2025 annual result came in at 45.19%, up 6303.0% from the prior year.
- Gross Margin slipped to 40.33% in Q1 2026 per PFG's latest filing, from 76.79% in the prior quarter.
- Across five years, Gross Margin topped out at 147.44% in Q4 2024 and bottomed at 67.99% in Q1 2022.
- The 5-year median for Gross Margin is 5.64% (2022), against an average of 15.41%.
- The widest annual swing landed in 2024, when Gross Margin soared 16665 bps; it then slumped 8026 bps in 2026.
- Tracing PFG's Gross Margin over 5 years: stood at 18.52% in 2022, then fell by 4 bps to 19.21% in 2023, then soared by 868 bps to 147.44% in 2024, then plunged by 48 bps to 76.79% in 2025, then slumped by 153 bps to 40.33% in 2026.
- Per Business Quant, the three latest PFG Gross Margin figures stand at 40.33% (Q1 2026), 76.79% (Q4 2025), and 28.14% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 99.70% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 93.51% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Principal Financial | 22.35 Bn | 18.84 Bn | -463.00 Mn | -40.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -40.33% |
| Dec 31, 2025 | 76.79% |
| Sep 30, 2025 | -28.14% |
| Jun 30, 2025 | 49.88% |
| Mar 31, 2025 | 39.93% |
| Dec 31, 2024 | 147.44% |
| Sep 30, 2024 | 40.96% |
| Jun 30, 2024 | 51.80% |
| Mar 31, 2024 | -22.86% |
| Dec 31, 2023 | -19.21% |
| Sep 30, 2023 | -17.33% |
| Jun 30, 2023 | -22.87% |
| Mar 31, 2023 | 37.07% |
| Dec 31, 2022 | -18.52% |
| Sep 30, 2022 | 61.05% |
| Jun 30, 2022 | -5.64% |
| Mar 31, 2022 | -67.99% |
| Dec 31, 2021 | 45.97% |
| Sep 30, 2021 | -43.92% |
| Jun 30, 2021 | -42.77% |
| Mar 31, 2021 | -64.62% |
| Dec 31, 2020 | 47.37% |
| Sep 30, 2020 | -55.35% |
| Jun 30, 2020 | 48.59% |
| Mar 31, 2020 | 37.19% |
| Dec 31, 2019 | 40.09% |
| Sep 30, 2019 | 36.30% |
| Jun 30, 2019 | 38.43% |
| Mar 31, 2019 | 41.37% |
| Dec 31, 2018 | 35.29% |
| Sep 30, 2018 | 39.24% |
| Jun 30, 2018 | 47.47% |
| Mar 31, 2018 | 51.06% |
| Dec 31, 2017 | 44.35% |
| Sep 30, 2017 | 45.88% |
| Jun 30, 2017 | 41.52% |
| Mar 31, 2017 | 45.65% |
| Dec 31, 2016 | 39.88% |
| Sep 30, 2016 | 47.40% |
| Jun 30, 2016 | 45.14% |
| Mar 31, 2016 | 45.38% |
| Dec 31, 2015 | 45.24% |
| Sep 30, 2015 | 42.31% |
| Jun 30, 2015 | 36.96% |
| Mar 31, 2015 | 53.48% |
| Dec 31, 2014 | 44.25% |
| Sep 30, 2014 | 55.17% |
| Jun 30, 2014 | 51.34% |
| Mar 31, 2014 | 50.48% |
| Dec 31, 2013 | 47.72% |
| Sep 30, 2013 | -55.93% |
| Jun 30, 2013 | -48.63% |
| Mar 31, 2013 | 49.49% |
| Dec 31, 2012 | 49.72% |
| Sep 30, 2012 | -42.20% |
| Jun 30, 2012 | 47.61% |
| Mar 31, 2012 | -78.36% |
| Dec 31, 2011 | 45.65% |
| Sep 30, 2011 | 46.75% |
| Jun 30, 2011 | 48.01% |
| Mar 31, 2011 | 46.49% |
| Dec 31, 2010 | 46.40% |
| Sep 30, 2010 | 42.31% |
| Jun 30, 2010 | 40.14% |
| Mar 31, 2010 | 43.67% |
| Dec 31, 2009 | 38.34% |
| Sep 30, 2009 | 41.99% |
| Jun 30, 2009 | 38.16% |
| Mar 31, 2009 | 40.30% |