Principal Financial (PFG) Tax Rate (2009 - 2026)
Principal Financial (PFG) reported Tax Rate of 14.3% for Q1 2026, up 13195.0% year-over-year from N/an in Q1 2025, and down 66.23% on a QoQ basis from 42.35% in Q4 2025.
Principal Financial (PFG) has 18 years of Tax Rate data on file, last reported at 14.3% in Q1 2026.
- Quarterly Tax Rate rose 13195.0% year-over-year to 14.3% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.63% (up 504.0% YoY) and the FY2025 annual result came in at 15.42%, down 2.0% from the prior year.
- Tax Rate retreated to 14.3% in Q1 2026 per PFG's latest filing, from 42.35% 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.
- The 5-year median for Tax Rate is 18.87% (2024), against an average of 38.2%.
- The widest annual swing landed in 2022, when Tax Rate soared 45257 bps; it then plunged 45280 bps in 2023.
- Tracing PFG's Tax Rate over 5 years: stood at 466.67% in 2022, then plunged by 97 bps to 13.87% in 2023, then soared by 36 bps to 18.87% in 2024, then soared by 124 bps to 42.35% in 2025, then tumbled by 66 bps to 14.3% in 2026.
- Per Business Quant, the three latest PFG Tax Rate figures stand at 14.3% (Q1 2026), 42.35% (Q4 2025), and 5.84% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 18.16 |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 13.55 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 40.05 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 15.80 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 598.59 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 21.16 |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 20.02 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 24.99 |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 19.13 |
| 10 | Principal Financial | 22.35 Bn | 18.84 Bn | -463.00 Mn | 14.30 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.30 |
| Mar 31, 2026 | 14.30 |
| Dec 31, 2025 | 42.35 |
| Dec 31, 2025 | 42.35 |
| Sep 30, 2025 | 5.84 |
| Sep 30, 2025 | 5.84 |
| Jun 30, 2025 | 13.83 |
| Jun 30, 2025 | 13.83 |
| Mar 31, 2025 | -117.65 |
| Mar 31, 2025 | -117.65 |
| Dec 31, 2024 | 18.87 |
| Dec 31, 2024 | 18.87 |
| Sep 30, 2024 | 34.17 |
| Sep 30, 2024 | 34.17 |
| Jun 30, 2024 | 19.62 |
| Jun 30, 2024 | 19.62 |
| Mar 31, 2024 | 15.17 |
| Mar 31, 2024 | 15.17 |
| Dec 31, 2023 | 13.87 |
| Dec 31, 2023 | 13.87 |
| Sep 30, 2023 | 22.11 |
| Sep 30, 2023 | 22.11 |
| Jun 30, 2023 | 13.21 |
| Jun 30, 2023 | 13.21 |
| Mar 31, 2023 | 36.71 |
| Mar 31, 2023 | 36.71 |
| Dec 31, 2022 | 466.67 |
| Dec 31, 2022 | 466.67 |
| Sep 30, 2022 | 20.04 |
| Sep 30, 2022 | 20.04 |
| Jun 30, 2022 | 21.07 |
| Jun 30, 2022 | 21.07 |
| Mar 31, 2022 | 9.30 |
| Mar 31, 2022 | 9.30 |
| Dec 31, 2021 | 14.10 |
| Dec 31, 2021 | 14.10 |
| Sep 30, 2021 | 14.90 |
| Sep 30, 2021 | 14.90 |
| Jun 30, 2021 | 14.10 |
| Jun 30, 2021 | 14.10 |
| Mar 31, 2021 | 15.90 |
| Mar 31, 2021 | 15.90 |
| Dec 31, 2020 | 45.23 |
| Dec 31, 2020 | 45.23 |
| Sep 30, 2020 | 14.25 |
| Sep 30, 2020 | 14.25 |
| Jun 30, 2020 | 16.55 |
| Jun 30, 2020 | 16.55 |
| Mar 31, 2020 | 13.16 |
| Mar 31, 2020 | 13.16 |
| Dec 31, 2019 | 15.08 |
| Dec 31, 2019 | 15.08 |
| Sep 30, 2019 | 17.67 |
| Sep 30, 2019 | 17.67 |
| Jun 30, 2019 | 12.92 |
| Jun 30, 2019 | 12.92 |
| Mar 31, 2019 | 14.05 |
| Mar 31, 2019 | 14.05 |
| Dec 31, 2018 | 9.36 |
| Dec 31, 2018 | 9.36 |
| Sep 30, 2018 | 19.17 |
| Sep 30, 2018 | 19.17 |
| Jun 30, 2018 | 10.85 |
| Jun 30, 2018 | 10.85 |
| Mar 31, 2018 | 11.93 |
| Mar 31, 2018 | 11.93 |
| Dec 31, 2017 | 34.43 |
| Dec 31, 2017 | 34.43 |
| Sep 30, 2017 | 29.76 |
| Sep 30, 2017 | 29.76 |
| Jun 30, 2017 | 13.89 |
| Jun 30, 2017 | 13.89 |
| Mar 31, 2017 | 14.59 |
| Mar 31, 2017 | 14.59 |
| Dec 31, 2016 | 11.30 |
| Dec 31, 2016 | 11.30 |
| Sep 30, 2016 | 11.68 |
| Sep 30, 2016 | 11.68 |
| Jun 30, 2016 | 18.23 |
| Jun 30, 2016 | 18.23 |
| Mar 31, 2016 | 16.05 |
| Mar 31, 2016 | 16.05 |
| Dec 31, 2015 | 125.03 |
| Dec 31, 2015 | 125.03 |
| Sep 30, 2015 | 18.50 |
| Sep 30, 2015 | 18.50 |
| Jun 30, 2015 | 10.05 |
| Jun 30, 2015 | 10.05 |
| Mar 31, 2015 | 6.33 |
| Mar 31, 2015 | 6.33 |
| Dec 31, 2014 | 141.92 |
| Dec 31, 2014 | 141.92 |
| Sep 30, 2014 | 35.80 |
| Sep 30, 2014 | 35.80 |
| Jun 30, 2014 | 21.67 |
| Jun 30, 2014 | 21.67 |
| Mar 31, 2014 | 13.89 |
| Mar 31, 2014 | 13.89 |
| Dec 31, 2013 | -24.39 |
| Dec 31, 2013 | -24.39 |
| Sep 30, 2013 | 19.11 |
| Sep 30, 2013 | 19.11 |
| Jun 30, 2013 | 10.92 |
| Jun 30, 2013 | 10.92 |
| Mar 31, 2013 | 16.74 |
| Mar 31, 2013 | 16.74 |
| Dec 31, 2012 | 13.11 |
| Dec 31, 2012 | 13.11 |
| Sep 30, 2012 | -3.76 |
| Sep 30, 2012 | -3.76 |
| Jun 30, 2012 | 22.18 |
| Jun 30, 2012 | 22.18 |
| Mar 31, 2012 | 20.40 |
| Mar 31, 2012 | 20.40 |
| Dec 31, 2011 | 5.33 |
| Dec 31, 2011 | 5.33 |
| Sep 30, 2011 | 50.69 |
| Sep 30, 2011 | 50.69 |
| Jun 30, 2011 | 19.66 |
| Jun 30, 2011 | 19.66 |
| Mar 31, 2011 | 20.15 |
| Mar 31, 2011 | 20.15 |
| Dec 31, 2010 | 14.32 |
| Dec 31, 2010 | 14.32 |
| Sep 30, 2010 | 7.46 |
| Sep 30, 2010 | 7.46 |
| Jun 30, 2010 | 8.62 |
| Jun 30, 2010 | 8.62 |
| Mar 31, 2010 | 20.56 |
| Mar 31, 2010 | 20.56 |
| Dec 31, 2009 | 18.64 |
| Dec 31, 2009 | 18.64 |
| Sep 30, 2009 | 17.76 |
| Sep 30, 2009 | 17.76 |
| Jun 30, 2009 | 17.13 |
| Jun 30, 2009 | 17.13 |
| Mar 31, 2009 | 5.76 |
| Mar 31, 2009 | 5.76 |