Principal Financial (PFG) Net Margin (2009 - 2026)
Principal Financial's (PFG) quarterly Net Margin came in at 35.96% in Q1 2026, up 3267.0% year-on-year from 1.07% in Q1 2025, and up 6992.25% on a QoQ basis from 0.51% 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.
- On a quarterly basis, Net Margin rose 3267.0% year-over-year to 35.96% in Q1 2026; TTM through Mar 2026 was 6.59%, a 1165.0% decrease from a year earlier, with the FY2025 full-year figure at 4.92%, down 2205.0% from the prior year.
- Net Margin for Q1 2026 stood at 35.96%, up from 0.51% in the prior quarter.
- Over the last five years, Net Margin for PFG reached as high as 85.75% in Q3 2023 and fell as low as 16.84% in Q3 2024.
- Historically, Net Margin has averaged 23.61% across 5 years, with a median of 26.38% in 2023.
- Across the five-year window, Net Margin soared 5739 bps in 2023 and sank 10259 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 0.1% in 2022, then surged by 18145 bps to 17.56% in 2023, then soared by 242 bps to 60.12% in 2024, then tumbled by 99 bps to 0.51% in 2025, then soared by 6992 bps to 35.96% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 35.96% in Q1 2026, 0.51% in Q4 2025, and 6.4% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 0.55% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 32.99% |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 34.77% |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -889.40% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 18.57% |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 18.73% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 37.97% |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 14.05% |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 26.07% |
| 10 | Principal Financial | 23.31 Bn | -27.00 Bn | -463.00 Mn | 35.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.96% |
| Dec 31, 2025 | 0.51% |
| Sep 30, 2025 | 6.40% |
| Jun 30, 2025 | 30.63% |
| Mar 31, 2025 | 3.29% |
| Dec 31, 2024 | 60.12% |
| Sep 30, 2024 | -16.84% |
| Jun 30, 2024 | 17.89% |
| Mar 31, 2024 | 29.06% |
| Dec 31, 2023 | 17.56% |
| Sep 30, 2023 | 85.75% |
| Jun 30, 2023 | 26.38% |
| Mar 31, 2023 | -9.28% |
| Dec 31, 2022 | -0.10% |
| Sep 30, 2022 | 28.36% |
| Jun 30, 2022 | 47.02% |
| Mar 31, 2022 | 38.67% |
| Dec 31, 2021 | 4.44% |
| Sep 30, 2021 | 29.61% |
| Jun 30, 2021 | 29.27% |