Principal Financial (PFG) Operating Margin (2009 - 2026)

Principal Financial (PFG) has reported Operating Margin for 18 consecutive years, with 33.33% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Margin rose 166.0% year-over-year to 33.33% in Q2 2026; TTM through Jun 2026 was 31.24%, a 71.0% increase from a year earlier, with the FY2025 full-year figure at 30.27%, up 269.0% from the prior year.
• Operating Margin was 33.33% for Q2 2026 at Principal Financial, down from 33.97% in the prior quarter.
• Over five years, Operating Margin peaked at 41.92% in Q4 2023 and troughed at 12.3% in Q2 2022.
• A 5-year average of 29.4% and a median of 31.34% in 2022 frame the typical range for Operating Margin.
• The widest YoY moves for Operating Margin: up 1726 bps in 2024, down 1828 bps in 2024.
• Over 5 years, Operating Margin stood at 31.15% in 2022, then surged by 35 bps to 41.92% in 2023, then sank by 44 bps to 23.64% in 2024, then climbed by 11 bps to 26.25% in 2025, then grew by 27 bps to 33.33% in 2026.
• The last three Operating Margin figures came in at 33.33% (Q2 2026), 33.97% (Q1 2026), and 26.25% (Q4 2025), per Business Quant data.