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Other financials

Income statement

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Revenue$3.5B-4.5%
Net income$424.6M+783%
EPS (diluted)$1.93+819%

Balance sheet

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Cash & equivalents$4.1B+4.6%
Total debt$3.9B-9.3%
Total equity$11.8B+5.3%
Total assets$332.70B+6.3%

Cash flow

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Operating cash flow$187.1M-80.9%

Valuation

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Market cap$23.67B+2.7%
Enterprise value$23.56B-0.4%
P/E15.2×-6.1×
P/S1.5×+0.1×

Profitability

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Net margin10.1%+3.2pp

Returns & leverage

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Return on equity13.6%+3.9pp
Debt / equity0.3×-0.1×

Where this comes from

Calculated from Principal Financial Group’s reported figures.

Based on the most recent quarter.

The official record: Principal Financial Group’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Principal Financial Group's price / book?
Principal Financial Group (PFG) reported price / book of 1.7× in Q1 2026.
How has Principal Financial Group's price / book changed year-over-year?
Principal Financial Group's price / book decreased by 2.5% year-over-year, from 1.7× to 1.7×.
What is the long-term trend for Principal Financial Group's price / book?
Over 4 years (2021 to 2025), Principal Financial Group's price / book has grown at a 10.5% compound annual growth rate (CAGR), from 4.3× to 6.4×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.