Net Income for Principal Financial Group (PFG)
According to Principal Financial Group's latest reported financial statements, the company's current net income (TTM) is $1.56B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$1.56B
YoY change
-24.6%
5Y CAGR
-3.2%
Peak year (2022)
$4.76B
Cumulative net income
$29.70B
Net Income history chart for Principal Financial Group (PFG) from 2000 to 2025
Net Income history table for Principal Financial Group (PFG) from 2000 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $1.19B | -24.6% | ||
| 2024 | $1.57B | +152.1% | ||
| 2023 | $623.20M | -86.9% | ||
| 2022 | $4.76B | +201.0% | ||
| 2021 | $1.58B | +13.2% | ||
| 2020 | $1.40B | +0.1% | ||
| 2019 | $1.39B | -9.8% | ||
| 2018 | $1.55B | -33.1% | ||
| 2017 | $2.31B | +75.5% | ||
| 2016 | $1.32B | +6.7% | ||
| 2015 | $1.23B | +7.9% | ||
| 2014 | $1.14B | +25.4% | ||
| 2013 | $912.70M | +13.2% | ||
| 2012 | $806.60M | +26.4% | ||
| 2011 | $638.30M | -3.7% | ||
| 2010 | $662.90M | +6.5% | ||
| 2009 | $622.70M | +35.9% | ||
| 2008 | $458.10M | -46.8% | ||
| 2007 | $860.30M | -19.2% | ||
| 2006 | $1.06B | +15.8% | ||
| 2005 | $919.00M | +11.3% | ||
| 2004 | $825.60M | +10.6% | ||
| 2003 | $746.30M | +424.5% | ||
| 2002 | $142.30M | -60.3% | ||
| 2001 | $358.80M | -42.1% | ||
| 2000 | $620.20M | — |
Net Income 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
2025's annual net income for Principal Financial Group (PFG) came in at $1.19B – declined 24.6% year-over-year.
Over 2020–2025 (5 years), Principal Financial Group net income expanded at a -3.2% compound annual rate, with a net decline across the window.
Principal Financial Group net income peaked at $4.76B in 2022; the latest annual figure is $1.19B in 2025 (75.1% below peak).
The highest annual net income of $4.76B was reported in 2022. The lowest in the available history was $142.30M in 2002.
Principal Financial Group (PFG) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of $20.70B.
Principal Financial Group Net Income by Year
Principal Financial Group Net Income 2025: $1.19B
Principal Financial Group net income in 2025 was $1.19B, declined 24.6% below 2024.
Principal Financial Group Net Income 2024: $1.57B
Principal Financial Group net income in 2024 was $1.57B, surged 152.1% from 2023.
Principal Financial Group Net Income 2023: $623.20M
Principal Financial Group net income in 2023 was $623.20M, plunged 86.9% below 2022.
Principal Financial Group Net Income 2022: $4.76B
Principal Financial Group net income in 2022 was $4.76B, surged 201.0% from 2021. This figure represents the highest annual value in the available history.
Principal Financial Group Net Income 2021: $1.58B
Principal Financial Group net income in 2021 was $1.58B.
See more financial history for Principal Financial Group (PFG).
Sector peers — Net Income
Companies in the same sector as Principal Financial Group, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Berkshire Hathaway Inc. (BRK-B) | $66.97B | Financial Services |
| JPMorgan Chase & Co. (JPM) | $57.05B | Financial Services |
| Bank of America Corporation (BAC) | $30.51B | Financial Services |
| Wells Fargo & Company (WFC) | $21.34B | Financial Services |
| Visa Inc. (V) | $20.06B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $17.18B | Financial Services |
| Morgan Stanley (MS) | $16.86B | Financial Services |
| Mastercard Incorporated (MA) | $14.97B | Financial Services |
Frequently asked questions
What is Principal Financial Group's net income?
- Latest reported net income for Principal Financial Group (PFG) is $1.56B (period ending March 31, 2026).
How has Principal Financial Group net income changed year-over-year?
- Principal Financial Group (PFG) net income changed -24.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Principal Financial Group net income?
- Principal Financial Group (PFG) net income compound annual growth rate is -3.2% over the most recent 5 years available.
When did Principal Financial Group net income hit its highest annual value?
- Principal Financial Group net income reached its highest annual value of $4.76B in 2022.
What was Principal Financial Group net income in 2024?
- Principal Financial Group (PFG) net income in 2024 was $1.57B.
What was Principal Financial Group net income in 2025?
- Principal Financial Group (PFG) net income in 2025 was $1.19B.
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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