Principal Financial (PFG) Return on Invested Capital [ROIC] (2009 - 2026)
Principal Financial's Return on Invested Capital [ROIC] came in at 11.96% for Q3 2026, up 1.45 percentage points from 10.51% a year earlier and up 2.04 percentage points from the prior quarter.
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Analysis
Principal Financial (PFG) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Principal Financial's Return on Invested Capital [ROIC] was 8.07%, down 2.51 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +0.84 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 10.58% in FY2024 (+5.97 pp), 4.61% in FY2023 (-26.75 pp), 31.36% in FY2022 (+22.68 pp) and 8.68% in FY2021 (+1.45 pp).
- The Q3 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q1 2023.
- Year-over-year, Return on Invested Capital [ROIC] has increased for three consecutive quarters, with an average year-over-year change of +2.37 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q3 2022 (a gain of 27.67 percentage points), and the weakest in Q4 2023 (a drop of 29.77 percentage points).
- Business Quant data shows PFG's Return on Invested Capital [ROIC] at 9.92% (Q2 2026), 10.14% (Q1 2026) and 7.96% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.98 Bn | 145.51 Bn | - | 9.65% |
| 2 | Spdr Gold Trust | 130.03 Bn | -427.97 Bn | - | - |
| 3 | Brookfield | 104.97 Bn | -79.04 Bn | - | - |
| 4 | Blackstone | 93.15 Bn | 87.36 Bn | - | 21.77% |
| 5 | Kkr | 90.40 Bn | 57.10 Bn | 1.76 Bn | -4.58% |
| 6 | Brookfield Asset Management | 85.45 Bn | 80.34 Bn | - | 39.58% |
| 7 | Apollo Global Management | 72.50 Bn | 89.29 Bn | 4.14 Bn | 1.14% |
| 8 | Wheaton Precious Metals | 62.02 Bn | 62.02 Bn | 538.50 Mn | 22.20% |
| 9 | Ares Management | 50.21 Bn | 48.79 Bn | 376.28 Mn | -19.43% |
| 10 | Principal Financial | 24.68 Bn | 2.16 Bn | 2.30 Bn | 11.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.96% |
| Jun 30, 2026 | 9.92% |
| Mar 31, 2026 | 10.14% |
| Dec 31, 2025 | 7.96% |
| Sep 30, 2025 | 10.51% |
| Jun 30, 2025 | 7.77% |
| Mar 31, 2025 | 7.32% |
| Dec 31, 2024 | 10.48% |
| Sep 30, 2024 | -0.95% |
| Jun 30, 2024 | 8.59% |
| Mar 31, 2024 | 8.86% |
| Dec 31, 2023 | 4.52% |
| Sep 30, 2023 | 10.44% |
| Jun 30, 2023 | 10.75% |
| Mar 31, 2023 | 29.72% |
| Dec 31, 2022 | 34.29% |
| Sep 30, 2022 | 36.15% |
| Jun 30, 2022 | 28.75% |
| Mar 31, 2022 | 9.34% |
| Dec 31, 2021 | 5.95% |
API Access
Principal Financial Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=PFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "PFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=PFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();