15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $15.6B | $1.3B | 0.0% | 0.0% | — | $4.0B | $4.4B |
| 2024 | $16.1B | $1.6B | 0.0% | 0.0% | — | $4.1B | $4.2B |
| 2023 | $13.7B | $670M | 0.0% | 0.0% | — | $4.0B | $4.7B |
| 2022 | $17.5B | $4.9B | 0.0% | 0.0% | — | $4.1B | $4.8B |
| 2021 | $14.4B | $1.8B | 0.0% | 0.0% | — | $4.4B | $2.3B |
| 2020 | $14.7B | $1.4B | 0.0% | 0.0% | — | $4.4B | $2.8B |
| 2019 | $16.2B | $1.4B | 0.0% | 0.0% | — | $3.8B | $2.5B |
| 2018 | $14.2B | $1.5B | 0.0% | 0.0% | — | $3.3B | $3.0B |
| 2017 | $14.1B | $2.3B | 0.0% | 0.0% | — | $3.2B | $2.5B |
| 2016 | $12.4B | $1.3B | 0.0% | 0.0% | — | $3.2B | $2.7B |
| 2015 | $12.0B | $1.2B | 0.0% | 0.0% | — | $3.4B | $2.6B |
| 2014 | $10.5B | $1.1B | 0.0% | 0.0% | — | $2.6B | $1.9B |
| 2013 | $9.3B | $913M | 0.0% | 0.0% | — | $2.8B | $2.4B |
| 2012 | $9.2B | $807M | 0.0% | 0.0% | — | $2.7B | $4.2B |
| 2011 | $8.7B | $638M | 0.0% | 0.0% | — | $1.7B | $2.8B |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $3.5B | $425M | 0.0% | 0.0% | — | $3.9B | $4.1B |
| Dec '25 | $4.6B | $517M | 0.0% | 0.0% | — | $4.0B | $4.4B |
| Sep '25 | $3.7B | $214M | 0.0% | 0.0% | — | $3.9B | $5.1B |
| Jun '25 | $3.7B | $406M | 0.0% | 0.0% | — | $3.9B | $3.7B |
| Mar '25 | $3.7B | $48M | 0.0% | 0.0% | — | $4.4B | $3.9B |
| Dec '24 | $4.8B | $905M | 0.0% | 0.0% | — | $4.1B | $4.2B |
| Sep '24 | $3.0B | -$220M | 0.0% | 0.0% | — | $4.0B | $6.2B |
| Jun '24 | $4.3B | $353M | 0.0% | 0.0% | — | $4.0B | $4.8B |
| Mar '24 | $4.1B | $533M | 0.0% | 0.0% | — | $4.0B | $4.2B |
| Dec '23 | $2.7B | -$872M | 0.0% | 0.0% | — | $4.0B | $4.7B |
| Sep '23 | $4.6B | $1.2B | 0.0% | 0.0% | — | $4.0B | $4.6B |
| Jun '23 | $3.6B | $389M | 0.0% | 0.0% | — | $4.0B | $4.1B |
| Mar '23 | $2.8B | -$140M | 0.0% | 0.0% | — | $4.7B | $4.6B |
| Dec '22 | $3.2B | -$16M | 0.0% | 0.0% | — | $4.1B | $4.8B |
| Sep '22 | $4.6B | $1.3B | 0.0% | 0.0% | — | $4.0B | $4.2B |
| Jun '22 | $6.7B | $3.1B | 0.0% | 0.0% | — | $4.3B | $3.2B |
| Mar '22 | $3.1B | $339M | 0.0% | 0.0% | — | $4.6B | $2.7B |
| Dec '21 | $4.1B | $472M | 0.0% | 0.0% | — | $4.4B | $2.3B |
| Sep '21 | $3.4B | $360M | 0.0% | 0.0% | — | $4.4B | $3.1B |
| Jun '21 | $3.5B | $362M | 0.0% | 0.0% | — | $4.4B | $2.4B |
How the market has priced PFG against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Principal Financial Group's revenue has grown 1.2% per year, and net income declined 2.1% per year. These are computed facts, not advice.
As of FY2025, Principal Financial Group reported $4.0B of total debt against $4.4B of cash.
In FY2025, gross margin was —, operating margin —, and net margin 8.0%.
As of Jun '26, Principal Financial Group traded at a price-to-earnings ratio of about 18.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.