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Principal Financial Group, Inc. (PFG)

NASDAQ Financial Services Asset Management
$113.98 ▼ -0.83%
Market Cap
$24.40B
Sector
Financial Services
Industry
Asset Management
Beta
0.88
52-Wk Range
77.15-116.61
CEO
Deanna Dawnette Strable-Soethout
Country
US
Currency
USD

Principal Financial Group, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in Des Moines, IA, US. The stock last traded at $113.98, down 0.83% on the session, giving a market capitalisation of $24.40B. On trailing twelve-month figures it carries a trailing P/E of 16.19, a net margin of 9.9%. Its beta of 0.88 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
16.19
Price / Sales
1.56
Price / Book
2.05
EV / EBITDA
12.34
Gross margin
48.5%
Operating margin
12.1%
Net margin
9.9%
Return on equity
Debt / equity
0.36
Current ratio
0.30
Dividend yield
2.8%
Payout ratio
44.9%
Company profile
Exchange
NASDAQ
Employees
19,700
IPO date
2001-10-23
Headquarters
Des Moines, IA, US
About Principal Financial Group, Inc.

Principal Financial Group, Inc. engages in the investment management offering business. It offers financial products and services to businesses, individuals, and institutional clients. It operates its business through the following segments: Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. The Retirement and Income Solutions Segment offers a comprehensive portfolio of products and services for retirement savings along with select products for retirement income. The Principal Asset Management segment provides global investment solutions to institutional, retirement, retail and high net worth investors in the U.S. and select emerging markets. The Benefits and Protection segment includes selling individual life insurance products. The company was founded by Edward A. Temple in 1879 and is headquartered in Des Moines, IA.

Comparable companies

Principal Financial Group, Inc. is most often compared with the following Financial Services names:

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