PFGPRBCL.PFD (Principal Financial Group) Net Margin %: 12.03% (As of Mar. 2026) — 18% Above Median


PFGPRBCL.PFD Principal Financial Group Inc PFGPRBCL.PFD
71 GF Score
Price $25.02
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What is Principal Financial Group Net Margin %?

Principal Financial Group PFGPRBCL.PFD 71 Net Margin % is 12.03% as of Mar. 2026, which is 18% above its 10-year median of 10.18. GuruFocus rates PFGPRBCL.PFD with a GF Score™ of 71/100. The stock has 7 warning signs investors should review. Among 1,580 Asset Management companies, Principal Financial Group ranks worse than 77.28% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Principal Financial Group's Net Income for the three months ended in Mar. 2026 was $424.60 Mil. Principal Financial Group's Revenue for the three months ended in Mar. 2026 was $3,529.10 Mil. Therefore, Principal Financial Group's net margin for the quarter that ended in Mar. 2026 was 12.03%.

The historical rank and industry rank for Principal Financial Group's Net Margin % or its related term are showing as below:

PFGPRBCL.PFD' s Net Margin % Range Over the Past 10 Years
Min: 4.56   Med: 10.18   Max: 27.13
Current: 10.1


PFGPRBCL.PFD's Net Margin % is ranked worse than
77.28% of 1580 companies
in the Asset Management industry
Industry Median: 84.895 vs PFGPRBCL.PFD: 10.10

Principal Financial Group  (NYSE:PFGPRBCL.PFD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Principal Financial Group Net Margin % Related Terms


Principal Financial Group Net Margin % Historical Data

* Premium members only.

The historical data trend for Principal Financial Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Principal Financial Group Net Margin % Chart

Principal Financial Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.95 27.13 4.56 9.74 7.58

Principal Financial Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.30 11.06 5.81 11.30 12.03

PFGPRBCL.PFD vs TROW, RJF, CG: Net Margin % Comparison

For the Asset Management subindustry, Principal Financial Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Principal Financial Group Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Principal Financial Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Principal Financial Group's Net Margin % falls into.


PFGPRBCL.PFD
71GF Score
Principal Financial Group Inc PFGPRBCL.PFD
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Principal Financial Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Principal Financial Group's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1185.1/15625.5
=7.58 %

Principal Financial Group's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=424.6/3529.1
=12.03 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 12.03% mean?
Principal Financial Group (PFGPRBCL.PFD) has a Net Margin % of 12.03% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Principal Financial Group and its competitors. This is 18% above median its historical median of 10.18. Over the past decade, Principal Financial Group's Net Margin % has ranged from 4.56 to 27.13. According to the industry distribution chart, Principal Financial Group ranks #1221 out of 1580 companies in the Asset Management industry, placing it in the top 77.3%.
Is Principal Financial Group's Net Margin % too high?
Principal Financial Group's current Net Margin % of 12.03% is 18% above median its 10-year median of 10.18. Over the past 10 years, this metric has ranged from a low of 4.56 to a high of 27.13. The Asset Management industry median Net Margin % is 84.90. Principal Financial Group's value of 12.03% is 85.8% below this industry median. Based on the distribution chart, Principal Financial Group ranks #1221 out of 1580 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Principal Financial Group has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Principal Financial Group's Net Margin % compare to TROW and RJF?
According to the Asset Management industry distribution chart, Principal Financial Group ranks #1221 out of 1580 companies for Net Margin %. This places Principal Financial Group in the lower half of its industry. The industry median Net Margin % is 84.90. Principal Financial Group's value of 12.03% is 85.8% below this benchmark. Historically, Principal Financial Group's own Net Margin % has ranged from 4.56 to 27.13 over the past decade. While the company's 10-year median is 10.18 vs. the industry median of 84.90, Principal Financial Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 84.90, based on 1,580 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Principal Financial Group's current Net Margin % of 12.03% is 85.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Principal Financial Group and its competitors. For the Asset Management industry, the median Net Margin % is 84.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Principal Financial Group's current Net Margin % is 12.03%, which is 18% above median its own 10-year median of 10.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Principal Financial Group stock overvalued right now?
Principal Financial Group (PFGPRBCL.PFD) has a current Net Margin % of 12.03%. The current Net Margin % is 12.03%, which is 18% above median its 10-year median of 10.18 and 85.8% below the Asset Management industry median of 84.90. Principal Financial Group's overall GF Score™ is 71/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Principal Financial Group (PFGPRBCL.PFD), the current Net Margin % is 12.03% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Principal Financial Group Business Description

Other Exchanges PFG:USA0KO5:UKPG4:Germany
Address 711 High Street, Des Moines, IA, USA, 50392
Principal Financial Group Inc is a financial services provider. It offers various financial products and services including retirement, asset management, and workplace benefits and protection solutions to individuals and institutional clients. The company, along with its subsidiaries, operates in the following reportable segments; Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. Maximum revenue is generated from the Retirement and Income Solutions segment which provides workplace savings and retirement solutions, banking, trust and custodial services, individual variable annuities (including RILAs), pension risk transfer, and investment services to businesses, their employees, and other individuals.
71GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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