Gross Profit for Principal Financial Group (PFG)
According to Principal Financial Group's latest reported financial statements, the company's current gross profit (TTM) is $5.76B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$5.76B
YoY change
-4.0%
5Y CAGR
+1.8%
Peak year (2022)
$11.04B
Cumulative gross profit
$134.97B
Gross Profit history chart for Principal Financial Group (PFG) from 2000 to 2025
Gross Profit history table for Principal Financial Group (PFG) from 2000 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $7.06B | -4.0% | ||
| 2024 | $7.35B | +24.6% | ||
| 2023 | $5.90B | -46.6% | ||
| 2022 | $11.04B | +56.1% | ||
| 2021 | $7.08B | +9.5% | ||
| 2020 | $6.46B | +2.3% | ||
| 2019 | $6.32B | +4.5% | ||
| 2018 | $6.04B | -3.6% | ||
| 2017 | $6.27B | +14.4% | ||
| 2016 | $5.48B | +4.1% | ||
| 2015 | $5.27B | +0.4% | ||
| 2014 | $5.25B | +13.9% | ||
| 2013 | $4.61B | +12.6% | ||
| 2012 | $4.09B | +0.9% | ||
| 2011 | $4.05B | +1.5% | ||
| 2010 | $3.99B | +13.6% | ||
| 2009 | $3.51B | -5.4% | ||
| 2008 | $3.72B | -16.9% | ||
| 2007 | $4.47B | +6.9% | ||
| 2006 | $4.18B | +12.2% | ||
| 2005 | $3.72B | +11.4% | ||
| 2004 | $3.34B | +6.8% | ||
| 2003 | $3.13B | +29.7% | ||
| 2002 | $2.41B | +20.5% | ||
| 2001 | $2.00B | -75.6% | ||
| 2000 | $8.21B | — |
Gross Profit values are taken from Principal Financial Group's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Principal Financial Group (PFG) reported gross profit of $7.06B – edged down 4.0% year-over-year.
Through 2020–2025 (5 years), Principal Financial Group gross profit delivered a +1.8% annualised rate; with the latest reading among the more recent periods of the dataset.
Principal Financial Group gross profit plunged from $11.04B in 2022 to $7.06B in 2025, a 36.1% drawdown.
The highest annual gross profit of $11.04B was reported in 2022. The lowest in the available history was $2.00B in 2001.
Among 8 Financial Services peers, Principal Financial Group (PFG) ranks 9th; the peer median for gross profit is $72.83B.
Principal Financial Group Gross Profit by Year
Principal Financial Group Gross Profit 2025: $7.06B
Principal Financial Group gross profit in 2025 was $7.06B, edged down 4.0% below 2024.
Principal Financial Group Gross Profit 2024: $7.35B
Principal Financial Group gross profit in 2024 was $7.35B, grew 24.6% from 2023.
Principal Financial Group Gross Profit 2023: $5.90B
Principal Financial Group gross profit in 2023 was $5.90B, plunged 46.6% below 2022.
Principal Financial Group Gross Profit 2022: $11.04B
Principal Financial Group gross profit in 2022 was $11.04B, surged 56.1% from 2021. This figure represents the highest annual value in the available history.
Principal Financial Group Gross Profit 2021: $7.08B
Principal Financial Group gross profit in 2021 was $7.08B.
See more financial history for Principal Financial Group (PFG).
Sector peers — Gross Profit
Companies in the same sector as Principal Financial Group, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $167.61B | Financial Services |
| Bank of America Corporation (BAC) | $107.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $87.78B | Financial Services |
| Wells Fargo & Company (WFC) | $80.04B | Financial Services |
| Morgan Stanley (MS) | $65.62B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $59.40B | Financial Services |
| Visa Inc. (V) | $32.15B | Financial Services |
| Mastercard Incorporated (MA) | $27.36B | Financial Services |
Frequently asked questions
What is Principal Financial Group's gross profit?
- Latest reported gross profit for Principal Financial Group (PFG) is $5.76B (period ending March 31, 2026).
How has Principal Financial Group gross profit changed year-over-year?
- Principal Financial Group (PFG) gross profit changed -4.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Principal Financial Group gross profit?
- Principal Financial Group (PFG) gross profit compound annual growth rate is +1.8% over the most recent 5 years available.
When did Principal Financial Group gross profit hit its highest annual value?
- Principal Financial Group gross profit reached its highest annual value of $11.04B in 2022.
What was Principal Financial Group gross profit in 2024?
- Principal Financial Group (PFG) gross profit in 2024 was $7.35B.
What was Principal Financial Group gross profit in 2025?
- Principal Financial Group (PFG) gross profit in 2025 was $7.06B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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