Principal Financial (PFG) Gross Margin (2009 - 2026)
Principal Financial's (PFG) quarterly Gross Margin came in at 49.0% in Q2 2026, down 89.0% year-over-year from 445.42% in Q2 2025, and down 9.85% quarter-over-quarter from 54.35% in Q1 2026.
Analysis
Principal Financial (PFG) Gross Margin (2009 - 2026) Analysis & Trends
Principal Financial (PFG) has reported Gross Margin for 18 consecutive years, with 49.0% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 89.0% year-over-year to 49.0% in Q2 2026; TTM through Jun 2026 was 48.34%, a 111.0% increase from a year earlier, with the FY2025 full-year figure at 45.19%, down 476.0% from the prior year.
- Gross Margin was 49.0% for Q2 2026 at Principal Financial, down from 54.35% in the prior quarter.
- Over five years, Gross Margin peaked at 78.34% in Q2 2022 and troughed at 8.22% in Q4 2023.
- A 5-year average of 48.25% and a median of 48.97% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin plunged 3161 bps in 2023 and jumped 4660 bps in 2024, its largest moves.
- Over 5 years, Gross Margin stood at 39.83% in 2022, then slumped by 79 bps to 8.22% in 2023, then surged by 567 bps to 54.82% in 2024, then retreated by 19 bps to 44.49% in 2025, then climbed by 10 bps to 49.0% in 2026.
- The last three Gross Margin figures came in at 49.0% (Q2 2026), 54.35% (Q1 2026), and 44.49% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.98 Bn | 151.11 Bn | - | - |
| 2 | Spdr Gold Trust | 143.46 Bn | -414.54 Bn | - | - |
| 3 | Ishares Gold Trust | 30.01 Bn | -30.09 Bn | - | - |
| 4 | World Gold Trust | 29.01 Bn | -74.06 Bn | - | - |
| 5 | Principal Financial | 24.83 Bn | -28.13 Bn | 1.91 Bn | 49.00% |
| 6 | iShares Silver Trust | 21.45 Bn | -6.76 Bn | - | - |
| 7 | Franklin Resources | 17.39 Bn | 13.67 Bn | - | - |
| 8 | Invesco | 14.41 Bn | 13.50 Bn | 1.79 Bn | 97.99% |
| 9 | Affiliated Managers | 9.35 Bn | 8.94 Bn | - | - |
| 10 | Voya Financial | 9.32 Bn | 6.97 Bn | 1.34 Bn | 70.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.00% |
| Mar 31, 2026 | 54.35% |
| Dec 31, 2025 | 44.49% |
| Sep 30, 2025 | 46.65% |
| Jun 30, 2025 | 49.88% |
| Mar 31, 2025 | 39.93% |
| Dec 31, 2024 | 54.82% |
| Sep 30, 2024 | 40.96% |
| Jun 30, 2024 | 51.80% |
| Mar 31, 2024 | 48.94% |
| Dec 31, 2023 | 8.22% |
| Sep 30, 2023 | 62.80% |
| Jun 30, 2023 | 48.44% |
| Mar 31, 2023 | 37.07% |
| Dec 31, 2022 | 39.83% |
| Sep 30, 2022 | 61.05% |
| Jun 30, 2022 | 78.34% |
| Mar 31, 2022 | 51.84% |
| Dec 31, 2021 | 45.97% |
| Sep 30, 2021 | 48.28% |