Principal Financial (PFG) Net Margin (2009 - 2026)
Principal Financial (PFG) posted quarterly Net Margin of 11.02% for Q2 2026, down 64.0% year-over-year from 30.6% in Q2 2025, and down 5.84% quarter-over-quarter from 11.7% in Q1 2026.
Principal Financial (PFG) Net Margin (2009 - 2026) Analysis & Trends
Principal Financial (PFG) has reported Net Margin for 18 consecutive years, with 11.02% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin fell 64.0% year-over-year to 11.02%; the TTM figure through Jun 2026 stood at 10.05% (up 166.0% YoY), while the FY2025 annual figure was 7.32%, down 259.0% from the prior year.
- Net Margin declined to 11.02% in Q2 2026 per PFG's latest filing, from 11.7% in the prior quarter.
- Across five years, Net Margin topped out at 47.02% in Q2 2022 and bottomed at 33.31% in Q4 2023.
- Historically, Net Margin has averaged 9.67% across 5 years, with a median of 11.08% in 2022.
- Annual changes were most pronounced in 2023 — Net Margin tumbled 3596 bps — and 2024, when it jumped 5402 bps.
- Principal Financial's Net Margin stood at 0.28% in 2022, then tumbled by 12028 bps to 33.31% in 2023, then surged by 162 bps to 20.7% in 2024, then sank by 43 bps to 11.89% in 2025, then decreased by 7 bps to 11.02% in 2026.
- Business Quant data shows PFG's Net Margin at 11.02% in Q2 2026, 11.7% in Q1 2026, and 11.89% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.07 Bn | 165.20 Bn | - | 27.15% |
| 2 | Blackstone | 115.64 Bn | 113.13 Bn | - | 46.71% |
| 3 | Kkr | 98.04 Bn | -179.04 Bn | - | 11.53% |
| 4 | Brookfield | 93.64 Bn | 46.23 Bn | - | 1.88% |
| 5 | Brookfield Asset Management | 84.00 Bn | 82.50 Bn | - | 51.57% |
| 6 | Apollo Global Management | 79.05 Bn | 53.68 Bn | 10.54 Bn | 11.98% |
| 7 | Ameriprise Financial | 51.33 Bn | 40.28 Bn | 4.72 Bn | 22.20% |
| 8 | State Street | 51.16 Bn | 51.16 Bn | - | 25.35% |
| 9 | Raymond James Financial | 33.94 Bn | 20.68 Bn | - | 13.64% |
| 10 | Principal Financial | 24.02 Bn | -28.95 Bn | 1.91 Bn | 11.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.02% |
| Mar 31, 2026 | 11.70% |
| Dec 31, 2025 | 11.89% |
| Sep 30, 2025 | 5.16% |
| Jun 30, 2025 | 11.65% |
| Mar 31, 2025 | 1.56% |
| Dec 31, 2024 | 20.70% |
| Sep 30, 2024 | -6.62% |
| Jun 30, 2024 | 7.99% |
| Mar 31, 2024 | 12.08% |
| Dec 31, 2023 | -33.31% |
| Sep 30, 2023 | 27.18% |
| Jun 30, 2023 | 11.07% |
| Mar 31, 2023 | -4.77% |
| Dec 31, 2022 | 0.28% |
| Sep 30, 2022 | 28.36% |
| Jun 30, 2022 | 47.02% |
| Mar 31, 2022 | 11.09% |
| Dec 31, 2021 | 8.81% |
| Sep 30, 2021 | 10.64% |