What does Principal Financial Group do?

Principal Financial Group (PFG) is an Insurance: Life & Annuities company. Retirement and income solutions provider (401k recordkeeping, pension risk transfer, annuities) with a life and specialty benefits arm and Principal Asset Management. It was founded in 1879, is headquartered in Des Moines, IA and employs about 19,700 people.

How does Principal Financial Group make money?

As of 2026-Q1, Principal Financial Group's revenue breaks down across Segment Retirement and Investor Services (43%), Benefits and Protection (35%), Principal Asset Management (19%), Corporate (2%). See the revenue-by-segment chart for the full mix.

How has Principal Financial Group's revenue and profitability trended?

Track Principal Financial Group's quarterly and annual revenue, gross and net margins, and EPS in the interactive charts on this page. Data last updated September 28, 2026.

Who are Principal Financial Group's main competitors?

Sterling groups Principal Financial Group in the Insurance industry, alongside MetLife (MET), Prudential Financial (PRU), Manulife (MFC), Aflac (AFL), Globe Life (GL) and Ameriprise Financial (AMP).

If I'm investing in Principal Financial Group, what similar companies should I consider?

If you are researching Principal Financial Group, also look at MetLife (MET), Prudential Financial (PRU) and Manulife (MFC). You can compare all of them side by side or browse the full Insurance industry on Sterling.