Principal Financial (PFG) Tax Rate (2009 - 2026)
Principal Financial (PFG) posted quarterly Tax Rate of 13.3% for Q2 2026, down 54.0% year-over-year from 28.91% in Q2 2025, and down 7.01% quarter-over-quarter from 14.3% in Q1 2026.
Principal Financial (PFG) Tax Rate (2009 - 2026) Analysis & Trends
Principal Financial (PFG) has reported Tax Rate for 18 consecutive years, with 13.3% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 54.0% year-over-year to 13.3%; the TTM figure through Jun 2026 stood at 17.22% (up 1250.0% YoY), while the FY2025 annual figure was 21.0%, up 557.0% from the prior year.
- Tax Rate fell to 13.3% in Q2 2026 per PFG's latest filing, from 14.3% in the prior quarter.
- Across five years, Tax Rate topped out at 466.67% in Q4 2022 and bottomed at 117.65% in Q1 2025.
- Historically, Tax Rate has averaged 36.76% across 5 years, with a median of 20.52% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate surged 45257 bps — and 2023, when it plunged 44763 bps.
- Principal Financial's Tax Rate stood at 466.67% in 2022, then sank by 96 bps to 19.04% in 2023, then slumped by 39 bps to 11.55% in 2024, then soared by 82 bps to 21.0% in 2025, then plunged by 37 bps to 13.3% in 2026.
- Business Quant data shows PFG's Tax Rate at 13.3% in Q2 2026, 14.3% in Q1 2026, and 21.0% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.84 Bn | 164.97 Bn | - | 24.90% |
| 2 | Blackstone | 114.93 Bn | 112.42 Bn | - | 16.11% |
| 3 | Kkr | 97.36 Bn | -179.71 Bn | - | 17.91% |
| 4 | Brookfield | 93.48 Bn | 46.08 Bn | - | - |
| 5 | Brookfield Asset Management | 83.78 Bn | 82.28 Bn | - | 12.14% |
| 6 | Apollo Global Management | 78.60 Bn | 53.23 Bn | 10.54 Bn | 15.94% |
| 7 | State Street | 51.58 Bn | 51.58 Bn | - | 21.96% |
| 8 | Ameriprise Financial | 51.28 Bn | 40.24 Bn | 4.72 Bn | 22.82% |
| 9 | Raymond James Financial | 34.02 Bn | 20.77 Bn | - | 20.67% |
| 10 | Principal Financial | 23.85 Bn | -29.11 Bn | 1.91 Bn | 13.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.30% |
| Jun 30, 2026 | 13.30% |
| Jun 30, 2026 | 13.30% |
| Mar 31, 2026 | 14.30% |
| Mar 31, 2026 | 14.30% |
| Mar 31, 2026 | 14.30% |
| Dec 31, 2025 | 21.00% |
| Dec 31, 2025 | 21.00% |
| Dec 31, 2025 | 21.00% |
| Sep 30, 2025 | 21.01% |
| Sep 30, 2025 | 21.01% |
| Sep 30, 2025 | 21.01% |
| Jun 30, 2025 | 13.83% |
| Jun 30, 2025 | 13.83% |
| Jun 30, 2025 | 13.83% |
| Mar 31, 2025 | -117.65% |
| Mar 31, 2025 | -117.65% |
| Mar 31, 2025 | -117.65% |
| Dec 31, 2024 | 11.55% |
| Dec 31, 2024 | 11.55% |