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Principal Financial Group, Inc. (PFG) is a financial services company in the multi-strategy investment services industry, based in Des Moines, United States, with about 19,700 full-time employees.
It reported revenue of $15.63 billion for fiscal year 2025, down 3.1% from fiscal year 2024, and net income of $1.19 billion. In Q2 2026 (the quarter ended June 30, 2026) revenue was $3.91 billion, up 6.4% from a year before. Its largest business segment, Retirement and Income Solutions, brought in 51% of segment revenue in fiscal year 2025. Its market capitalization was $22.96 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
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 Asset Management, and Benefits and Protection segments.
Principal Financial reported $15.63 billion in revenue for fiscal year 2025, down 3.1% from $16.13 billion in fiscal year 2024. In Q2 2026 revenue was $3.91 billion.
Retirement and Income Solutions, with $8.18 billion or 51% of segment revenue in fiscal year 2025. Next: Benefits and Protection (31%) and Principal Asset Management (18%).
$22.96 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (multi-strategy investment services) include Morgan Stanley (MS), BlackRock New York Municipal Income Trust (BNY), Ares Capital Corporation (ARCC), Invesco Ltd. (IVZ).