Principal Financial (PFG) Net Margin (2009 - 2026)
Principal Financial (PFG) reported Net Margin of 35.96% for Q1 2026, up 3426.0% year-over-year from 1.02% in Q1 2025, and up 2518.89% quarter-over-quarter from 1.37% in Q4 2025.
Principal Financial (PFG) Net Margin (2009 - 2026) Analysis & Trends
Principal Financial (PFG) has 18 years of Net Margin data on file, last reported at 35.96% in Q1 2026.
- Net Margin for Q1 2026 came in at 35.96%, up 3426.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.11% (down 1027.0% YoY), and the FY2025 annual result was 5.64%, down 1769.0% from the prior year.
- Net Margin improved to 35.96% in Q1 2026 per PFG's latest filing, from 1.37% in the prior quarter.
- Over five years, Net Margin peaked at 229.39% in Q2 2022 and troughed at 63.19% in Q4 2023.
- A 5-year average of 24.75% and a median of 11.81% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin surged 20012 bps in 2022, then plunged 20301 bps in 2023.
- A 5-year view of Net Margin shows it stood at 0.55% in 2022, then sank by 11587 bps to 63.19% in 2023, then soared by 68 bps to 19.94% in 2024, then surged by 107 bps to 1.37% in 2025, then soared by 2519 bps to 35.96% in 2026.
- Business Quant data shows PFG's Net Margin at 35.96% in Q1 2026, 1.37% in Q4 2025, and 15.26% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 34.73% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 34.77% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 8.45% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | -38.15% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 18.57% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 18.73% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 37.97% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 12.72% |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 8.40% |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn | 35.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.96% |
| Dec 31, 2025 | 1.37% |
| Sep 30, 2025 | 15.26% |
| Jun 30, 2025 | 11.81% |
| Mar 31, 2025 | 1.70% |
| Dec 31, 2024 | -19.94% |
| Sep 30, 2024 | -6.42% |
| Jun 30, 2024 | 8.28% |
| Mar 31, 2024 | 31.58% |
| Dec 31, 2023 | -63.19% |
| Sep 30, 2023 | 85.75% |
| Jun 30, 2023 | 26.38% |
| Mar 31, 2023 | -4.77% |
| Dec 31, 2022 | 0.55% |
| Sep 30, 2022 | 28.36% |
| Jun 30, 2022 | 229.39% |
| Mar 31, 2022 | 38.67% |
| Dec 31, 2021 | 8.81% |
| Sep 30, 2021 | 29.61% |
| Jun 30, 2021 | 29.27% |