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PFG

PFG - Principal Financial Group Inc Stock Price, Fair Value and News

78.97USD+0.49 (+0.62%)Market Closed

Market Summary

PFG
USD78.97+0.49
Market Closed
0.62%

PFG Stock Price

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PFG RSI Chart

PFG Valuation

Market Cap

18.6B

Price/Earnings (Trailing)

29.89

Price/Sales (Trailing)

1.36

Price/Free Cashflow

4.91

PFG Price/Sales (Trailing)

PFG Profitability

Return on Equity

5.71%

Return on Assets

0.2%

Free Cashflow Yield

20.36%

PFG Fundamentals

PFG Revenue

Revenue (TTM)

13.7B

Rev. Growth (Yr)

-14.6%

Rev. Growth (Qtr)

-41.49%

PFG Earnings

Earnings (TTM)

623.2M

Earnings Growth (Yr)

-5.3K%

Earnings Growth (Qtr)

-169.95%

Breaking Down PFG Revenue

Last 7 days

-3.4%

Last 30 days

-4.6%

Last 90 days

1.6%

Trailing 12 Months

2.0%

How does PFG drawdown profile look like?

PFG Financial Health

Debt/Equity

0.36

Debt/Cashflow

0.96

PFG Investor Care

Dividend Yield

2.57%

Dividend/Share (TTM)

2.05

Buy Backs (1Y)

2.98%

Diluted EPS (TTM)

2.56

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202317.3B14.2B14.1B13.7B
202214.3B17.4B18.6B17.5B
202113.4B13.8B13.9B14.4B
202017.0B16.2B15.0B14.7B
201915.1B15.8B15.9B16.2B
201813.9B14.0B13.7B14.2B
201712.4B12.6B14.4B14.1B
201612.3B12.1B11.7B12.4B
201510.7B11.3B12.1B12.0B
20149.6B10.0B10.2B10.5B
20139.3B9.4B8.9B9.3B
20128.5B8.4B9.0B9.2B
20119.1B9.2B9.0B8.7B
20108.9B9.0B9.0B9.2B
20099.6B9.1B8.9B8.8B
2008010.6B10.3B9.9B
200700010.9B

Tracking the Latest Insider Buys and Sells of Principal Financial Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 28, 2024
bhatia kamal
acquired
-
-
308
president and ceo - pam
Mar 28, 2024
houston daniel joseph
acquired
-
-
1,278
chairman, president & ceo
Mar 28, 2024
richer clare stack
acquired
-
-
103
-
Mar 28, 2024
nordin diane c
acquired
-
-
176
-
Mar 28, 2024
rivera alfredo
acquired
-
-
78.00
-
Mar 28, 2024
mitchell h elizabeth
acquired
-
-
43.00
-
Mar 28, 2024
strable-soethout deanna d
acquired
-
-
93.00
evp & chief financial officer
Mar 28, 2024
mills scott
acquired
-
-
211
-
Mar 28, 2024
strable-soethout deanna d
acquired
-
-
288
evp & chief financial officer
Mar 28, 2024
halter patrick gregory
acquired
-
-
244
president and ceo - pam

1–10 of 50

Which funds bought or sold PFG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 17, 2024
HARTFORD INVESTMENT MANAGEMENT CO
reduced
-4.65
54,115
1,227,240
0.04%
Apr 17, 2024
Acropolis Investment Management, LLC
reduced
-6.3
6,751
247,796
0.02%
Apr 17, 2024
Stephens Consulting, LLC
unchanged
-
5,539
62,575
0.02%
Apr 17, 2024
ROMANO BROTHERS AND COMPANY
added
28.98
164,167
559,720
0.08%
Apr 17, 2024
Private Ocean, LLC
unchanged
-
4,233
47,816
-%
Apr 17, 2024
Annapolis Financial Services, LLC
sold off
-100
-29,816
-
-%
Apr 17, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
added
20.42
114,000
1,039,000
0.04%
Apr 17, 2024
Iron Horse Wealth Management, LLC
reduced
-0.83
25,137
310,630
0.12%
Apr 17, 2024
Clarius Group, LLC
reduced
-10.91
-5,211
225,528
0.02%
Apr 16, 2024
180 WEALTH ADVISORS, LLC
reduced
-8.07
1,079
360,975
0.06%

1–10 of 50

Are Funds Buying or Selling PFG?

Are funds buying PFG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PFG
No. of Funds

Unveiling Principal Financial Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
12.00%
28,605,789
SC 13G/A
Feb 09, 2024
managed account advisors llc
3.4%
8,051,105
SC 13G/A
Jan 26, 2024
blackrock inc.
7.9%
18,885,042
SC 13G/A
Feb 13, 2023
capital research global investors
3.5%
8,498,045
SC 13G/A
Feb 09, 2023
vanguard group inc
11.56%
28,280,358
SC 13G/A
Feb 07, 2023
managed account advisors llc
5.2%
12,763,055
SC 13G
Feb 06, 2023
state street corp
4.87%
11,927,414
SC 13G
Jan 24, 2023
blackrock inc.
9.6%
23,502,359
SC 13G/A
Feb 11, 2022
capital research global investors
5.7%
15,228,210
SC 13G/A
Feb 10, 2022
state street corp
5.11%
13,547,492
SC 13G

Recent SEC filings of Principal Financial Group Inc

View All Filings
Date Filed Form Type Document
Apr 17, 2024
8-K
Current Report
Apr 08, 2024
DEF 14A
DEF 14A
Apr 08, 2024
DEFA14A
DEFA14A
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading

Peers (Alternatives to Principal Financial Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
111.3B
17.9B
-5.80% 8.61%
20.22
6.23
-0.08% 6.26%
86.0B
8.0B
-0.13% 34.72%
61.8
10.71
-5.81% -20.41%
41.7B
20.6B
-0.86% 21.34%
12.68
2.02
87.93% 27.71%
40.2B
3.6B
1.20% 53.50%
84.74
11.07
18.87% 183.11%
13.2B
7.9B
-7.67% -8.08%
13.61
1.67
-1.81% -3.56%
MID-CAP
6.9B
5.7B
-0.26% -12.52%
-20.56
1.2
-5.50% -148.79%
5.2B
2.1B
-1.44% 10.44%
7.74
2.53
-11.67% -41.28%
3.7B
-
-3.20% -10.42%
14.06
-
- -3.64%
3.4B
975.1M
-1.40% 18.65%
15.19
3.46
-1.83% 7.51%
3.3B
489.6M
-5.32% 8.64%
25.63
6.76
-13.63% -24.55%
2.6B
708.5M
-3.05% 8.32%
20.93
3.64
15.83% 19.23%
SMALL-CAP
860.3M
241.7M
-7.06% -27.88%
-125.02
3.56
21.87% -123.56%
856.2M
426.6M
-0.13% -
13.01
2.01
2.25% -34.59%
16.5M
746.8M
152.88% -55.89%
-3.57
0.02
15.88% -226.93%
695.7K
25.3M
-2.79% -12.08%
0.02
0.03
137.10% 176.58%

Principal Financial Group Inc News

Latest updates
Yahoo Finance9 hours ago
Nasdaq16 Apr 202405:10 pm
Zacks Investment Research15 Apr 202412:30 pm

Principal Financial Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-41.5%2,6914,5993,5572,8193,1514,6256,6653,0964,2563,4243,5393,2093,7653,3113,1154,5514,0474,4583,9733,7443,771
Income Taxes-175.5%-26835560.00-78.00-11.2032983735.0062.0064.0061.0098.0010039.0083.0043.0056.0061.0058.0074.0011.00
Net Income-169.9%-8711,246389-140-16.201,3163,119339341360362517473236398289301277386430237
Net Income Margin-56.4%0.05*0.10*0.11*0.25*0.28*0.28*0.25*0.11*0.12*0.12*0.11*0.12*---------
Free Cashflow-10.1%9441,0511,1036951,1631,17180732.001,147973993141---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets5.9%305,047287,948299,187299,408290,867282,581293,220291,539304,657298,908302,166295,635296,628278,485271,309246,904276,088270,238267,918259,420243,036
    Cash Equivalents3.1%4,7084,5644,0744,6414,8484,2403,1732,7412,3323,1452,4172,0042,8503,5573,1503,4832,5163,1983,3162,2602,978
  Net PPE---------------993974968962960933767
  Goodwill0.9%1,6091,5941,6381,6361,5981,5481,5891,6611,6281,6481,7001,7011,7111,6531,6311,6161,6941,6911,1121,1111,100
Liabilities6.1%293,836276,966288,531288,875280,587272,837281,873279,279288,199282,436285,543279,909279,755262,485255,726233,692261,137254,996253,512246,120231,189
  Short Term Borrowings156.7%61.0024.0026.0024.0081.0067.0067.0027980.0074.0083.0084.0085.0077.0076.0010693.0096.0077.0044.0043.00
  Long Term Debt0.0%3,9313,9303,9934,6893,9973,9814,2814,2804,2804,2804,2804,2794,2794,2794,1633,6703,7343,7643,7623,2663,260
Shareholder's Equity2.3%10,91610,67210,39010,2619,9779,83910,33410,08412,14116,12916,29215,46216,61715,72115,31112,97314,68614,87314,10212,76211,456
  Retained Earnings-5.8%16,68417,71716,63016,39916,69717,21115,98613,09112,88512,58412,39512,19914.0011,52111,44111,19911,07410,92810,80610,57210,290
  Additional Paid-In Capital0.4%10,90910,87010,83210,79110,74010,63810,55410,40210,49510,43710,40010,35210,32210,29110,26010,21710,18310,16310,13110,09110,061
Shares Outstanding-100.0%-240242243244245250252262266269273---------
Minority Interest-10.9%46.0051.0045.0043.0041.0042.0042.0055.0056.0059.0058.0057.0058.0070.0068.0065.0068.0069.0067.0068.0066.00
Float---18,700---16,700---17,000---11,400---16,100--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-10.1%9441,0511,1036951,1631,17180732.001,1479739931415991,0644571,5891,0281,7861,5021,1761,443
  Share Based Compensation-----------------16.0021.0021.0025.0017.00
Cashflow From Investing-334.3%-215-49.5022.00-1,104569588-224127-2,826-1,92476.00-1,019-1,356-1,418-1,308-912-2,762-2,582-852-1,491-1,293
Cashflow From Financing-14.7%-585-510-1,691202-1,123-692-1502518661,679-65532.0051.007615192901,052678407-403-98.00
  Dividend Payments1.9%159156155156156157162167169168165152154154154154152153150150152
  Buy Backs24.9%25120110018925045919775435220426611675.000.00-23284.0044.000.00154210

PFG Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues   
Premiums and other considerations$ 6,470.9$ 5,339.7$ 4,841.5
Fees and other revenues4,095.94,137.85,041.3
Net investment income (loss)4,091.93,838.54,429.6
Net realized capital gains (losses)[1](72.2)(182.1)115.4
Net realized capital gains on funds withheld assets165.0749.4 
Change in fair value of funds withheld embedded derivative(1,085.7)3,652.80.0
Total revenues13,665.817,536.114,427.8
Expenses   
Benefits, claims and settlement expenses7,788.26,631.37,258.2
Liability for future policy benefits remeasurement (gain) loss(51.6)(264.5)(4.4)
Market risk benefit remeasurement (gain) loss29.1125.398.3
Dividends to policyholders89.294.894.8
Operating expenses5,072.14,962.25,070.0
Total expenses12,927.011,549.112,516.9
Income (loss) before income taxes738.85,987.01,910.9
Income taxes (benefits)68.71,189.5283.9
Net income (loss)670.14,797.51,627.0
Net income (loss) attributable to noncontrolling interest46.940.646.8
Net income (loss) attributable to Principal Financial Group, Inc.$ 623.2$ 4,756.9$ 1,580.2
Earnings per common share   
Basic earnings per common share (in dollars per share)$ 2.58$ 18.94$ 5.87
Diluted earnings per common share (in dollars per share)$ 2.55$ 18.63$ 5.79
[1]Includes realized and unrealized gains (losses). See Note 4, Investments, for further details.

PFG Balance Sheet

2023-12-31
Consolidated Statements of Financial Position - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets  
Fixed maturities, available-for-sale$ 65,673.1$ 62,889.9
Fixed maturities, trading (2023 and 2022 include $81.2 million and $27.8 million related to consolidated variable interest entities)836.2760.7
Equity securities (2023 and 2022 include $394.4 million and $740.0 million related to consolidated variable interest entities)1,478.11,708.6
Mortgage loans (2023 and 2022 include $871.9 million and $1,179.7 million related to consolidated variable interest entities)20,142.820,629.8
Real estate (2023 and 2022 include $779.1 million and $649.0 million related to consolidated variable interest entities)2,345.32,239.7
Policy loans809.3784.7
Other investments (2023 and 2022 include $596.4 million and $375.9 million related to consolidated variable interest entities and $163.2 million and $0.0 million measured at fair value under the fair value option)7,035.66,122.0
Total investments98,320.495,135.4
Cash and cash equivalents (2023 and 2022 include $83.6 million and $32.4 million related to consolidated variable interest entities)4,707.74,848.0
Accrued investment income786.2742.1
Reinsurance recoverable and deposit receivable20,611.721,442.7
Premiums due and other receivables3,998.83,933.3
Deferred acquisition costs3,950.53,948.0
Market risk benefit asset153.4109.2
Property and equipment938.4996.1
Goodwill1,608.51,598.2
Other intangibles1,469.81,533.3
Separate account assets (2023 and 2022 include $34,688.3 million and $34,193.8 million related to consolidated variable interest entities)167,605.6155,375.1
Other assets895.71,205.6
Total assets305,046.7290,867.0
Liabilities  
Contractholder funds (2023 and 2022 include $0.0 million and $334.0 million related to consolidated variable interest entities)41,501.142,825.3
Future policy benefits and claims46,826.543,314.0
Market risk benefit liability133.2207.4
Other policyholder funds916.8911.5
Short-term debt61.180.7
Long-term debt3,930.93,997.0
Income taxes currently payable11.919.2
Deferred income taxes1,613.31,324.2
Separate account liabilities (2023 and 2022 include $34,688.3 million and $34,193.8 million related to consolidated variable interest entities)167,605.6155,375.1
Funds withheld payable19,629.520,436.1
Other liabilities (2023 and 2022 include $87.7 million and $86.8 million related to consolidated variable interest entities)11,606.212,096.7
Total liabilities293,836.1280,587.2
Redeemable noncontrolling interest (2023 and 2022 include $226.4 million and $235.3 million related to consolidated variable interest entities)248.9262.0
Stockholders' equity  
Common stock, par value $0.01 per share; 2,500,000,000 shares authorized; 492,279,405 and 489,809,564 shares issued as of 2023 and 2022; 236,438,294 and 243,549,782 shares outstanding as of 2023 and 20224.94.9
Additional paid-in capital10,908.610,740.4
Retained earnings16,683.516,697.3
Accumulated other comprehensive income (loss)(5,345.3)(6,879.0)
Treasury stock, at cost; 255,841,111 and 246,259,782 shares as of 2023 and 2022(11,335.7)(10,586.9)
Total stockholders' equity attributable to Principal Financial Group, Inc.10,916.09,976.7
Noncontrolling interest45.741.1
Total stockholders' equity10,961.710,017.8
Total liabilities and stockholders' equity$ 305,046.7$ 290,867.0
PFG
Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides retirement, and related financial products and services. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, and bank products, as well as trust and custody services. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products in the United States. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.
 CEO
 WEBSITEprincipal.com
 INDUSTRYAsset Management
 EMPLOYEES19300

Principal Financial Group Inc Frequently Asked Questions


What is the ticker symbol for Principal Financial Group Inc? What does PFG stand for in stocks?

PFG is the stock ticker symbol of Principal Financial Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Principal Financial Group Inc (PFG)?

As of Wed Apr 17 2024, market cap of Principal Financial Group Inc is 18.51 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PFG stock?

You can check PFG's fair value in chart for subscribers.

What is the fair value of PFG stock?

You can check PFG's fair value in chart for subscribers. The fair value of Principal Financial Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Principal Financial Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PFG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Principal Financial Group Inc a good stock to buy?

The fair value guage provides a quick view whether PFG is over valued or under valued. Whether Principal Financial Group Inc is cheap or expensive depends on the assumptions which impact Principal Financial Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PFG.

What is Principal Financial Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, PFG's PE ratio (Price to Earnings) is 29.7 and Price to Sales (PS) ratio is 1.35. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PFG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Principal Financial Group Inc's stock?

In the past 10 years, Principal Financial Group Inc has provided 0.089 (multiply by 100 for percentage) rate of return.