Principal Financial Group Inc

Company Profile

Principal Financial Group Inc had its IPO on 2001-10-23 under the ticker symbol PFG.

The company operates in the Financial Services sector and Asset Management industry. Principal Financial Group Inc has a staff strength of 19,300 employees.

Stock update

Shares of Principal Financial Group Inc opened at $75.27 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $74.87 - $76.53, and closed at $76.03.

This is a +1.01% increase from the previous day's closing price.

A total volume of 823,809 shares were traded at the close of the day’s session.

In the last one week, shares of Principal Financial Group Inc have slipped by -2.24%.

Principal Financial Group Inc's Key Ratios

Principal Financial Group Inc has a market cap of $18.19 billion, indicating a price to book ratio of 2.2813 and a price to sales ratio of 1.1412.

In the last 12-months Principal Financial Group Inc’s revenue was $14.11 billion with a gross profit of $11.03 billion and an EBITDA of $2.14 billion. The EBITDA ratio measures Principal Financial Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Principal Financial Group Inc’s operating margin was 12.97% while its return on assets stood at 0.39% with a return of equity of 14.85%.

In Q2, Principal Financial Group Inc’s quarterly earnings growth was a negative -87% while revenue growth was a negative 46.6%.

Principal Financial Group Inc’s PE and PEG Ratio

Forward PE

12.3153

Trailing PE

11.4741

PEG

1.5

Its diluted EPS in the last 12-months stands at $6.56 per share while it has a forward price to earnings multiple of 12.3153 and a PEG multiple of 1.5. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Principal Financial Group Inc’s profitability.

Principal Financial Group Inc stock is trading at a EV to sales ratio of 1.1569 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 1.1412.

Principal Financial Group Inc stock pays annual dividends of $2.56 per share, indicating a yield of 3.45% and a payout ratio of 40.16%.

Balance sheet and cash flow metrics

Total Assets

$10.64 billion

Total Liabilities

$19.96 billion

Operating Cash Flow

$21.70 million

Capital Expenditure

$20.90 million

Dividend Payout Ratio

40.16%

Principal Financial Group Inc ended 2024 with $10.64 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $10.64 billion while shareholder equity stood at $10.39 billion.

Principal Financial Group Inc ended 2024 with $1.41 billion in deferred long-term liabilities, $19.96 billion in other current liabilities, 4900000.00 in common stock, $16.63 billion in retained earnings and $1.64 billion in goodwill. Its cash balance stood at $4.07 billion and cash and short-term investments were $4.07 billion. The company’s total short-term debt was $26,300,000 while long-term debt stood at $23.91 billion.

Principal Financial Group Inc’s total current assets stands at $4.07 billion while long-term investments were $97.57 billion and short-term investments were $64.24 billion. Its net receivables were $24.15 billion compared to accounts payable of $19.92 billion and inventory worth $0.

In 2024, Principal Financial Group Inc's operating cash flow was $21.70 million while its capital expenditure stood at $20.90 million.

Comparatively, Principal Financial Group Inc paid $0.40 in dividends in 2024.

Other key metrics

Current Trading Price

$76.03

52-Week High

$92.9619

52-Week Low

$64.6154

Analyst Target Price

$75.62

Principal Financial Group Inc stock is currently trading at $76.03 per share. It touched a 52-week high of $92.9619 and a 52-week low of $92.9619. Analysts tracking the stock have a 12-month average target price of $75.62.

Its 50-day moving average was $77.7 and 200-day moving average was $78.22 The short ratio stood at 4.1 indicating a short percent outstanding of 0%.

Around 78.7% of the company’s stock are held by insiders while 7530.1% are held by institutions.