Principal Financial Group, Inc. (PFG) Stock
Principal Financial Group, Inc. engages in the investment management offering business.
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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.
Principal Financial Group, Inc. is led by CEO Deanna Dawnette Strable-Soethout, employs 19,700 people, headquartered in Des Moines, US, publicly traded since 2001.
Principal Financial Group, Inc. (PFG) stock trades at $114.12 with a market capitalization of $24.65B. The stock is valued at a price-to-earnings (P/E) ratio of 14.47, price-to-book of 1.85, price-to-sales of 1.41. Over the past 52 weeks the stock has ranged between $75.00 and $114.12, and currently trades at its 52-week high. It pays a dividend yielding 3.10%.
On profitability, Principal Financial Group, Inc. generates a return on equity (ROE) of 13.39%, above the typical market average, return on capital employed of 11.43%, an operating margin of 14.80%, a net profit margin of 10.03%.
In its most recent fiscal year, Principal Financial Group, Inc. reported annual revenue of $15.6B, net profit of $1.2B, revenue has compounded at 1.2% a year over the last five years, profit at -3.2% a year.
The balance sheet shows a debt-to-equity ratio of 0.33 — a conservative balance sheet with little leverage risk, a current ratio of 1.53, total assets of $341.4B, $4.4B in cash and equivalents.
PFG has an average daily trading volume of 1,350,000 shares, a beta of 0.90.
Official website: www.principal.com