Principal Financial Group (PFG) Revenue & Revenue Breakdown

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Principal Financial Group Revenue Highlights

Latest Revenue (Y)

$16.13B

Latest Revenue (Q)

$3.67B

Main Segment (Y)

Segment Retirement and Investor Services

Principal Financial Group Revenue by Period

Principal Financial Group Revenue by Year

Date	Revenue	Change
2024-12-31	$16.13B	18.02%
2023-12-31	$13.67B	-21.87%
2022-12-31	$17.49B	22.64%
2021-12-31	$14.26B	-3.25%
2020-12-31	$14.74B	-9.13%
2019-12-31	$16.22B	13.94%
2018-12-31	$14.24B	1.02%
2017-12-31	$14.09B	13.71%
2016-12-31	$12.39B	3.59%
2015-12-31	$11.96B	13.36%
2014-12-31	$10.55B	9.87%
2013-12-31	$9.61B	4.70%
2012-12-31	$9.18B	5.35%
2011-12-31	$8.71B	8.30%
2010-12-31	$8.04B	-9.12%
2009-12-31	$8.85B	-10.94%
2008-12-31	$9.94B	-8.90%
2007-12-31	$10.91B	10.50%
2006-12-31	$9.87B	9.58%
2005-12-31	$9.01B	8.48%
2004-12-31	$8.30B	-11.70%
2003-12-31	$9.40B	6.59%
2002-12-31	$8.82B	0.06%
2001-12-31	$8.82B	7.46%
2000-12-31	$8.21B	-

Principal Financial Group generated $16.13B in revenue during NA 2024, up 18.02% compared to the previous quarter, and up 99.42% compared to the same period a year ago.

Principal Financial Group Revenue by Quarter

Date	Revenue	Change
2025-06-30	$3.67B	-0.67%
2025-03-31	$3.70B	-22.22%
2024-12-31	$4.75B	57.79%
2024-09-30	$3.01B	-30.14%
2024-06-30	$4.31B	6.35%
2024-03-31	$4.05B	50.64%
2023-12-31	$2.69B	-41.49%
2023-09-30	$4.60B	29.28%
2023-06-30	$3.56B	26.19%
2023-03-31	$2.82B	-9.71%
2022-12-31	$3.12B	-32.50%
2022-09-30	$4.63B	-30.60%
2022-06-30	$6.66B	115.30%
2022-03-31	$3.10B	-24.34%
2021-12-31	$4.09B	19.49%
2021-09-30	$3.42B	-3.27%
2021-06-30	$3.54B	10.31%
2021-03-31	$3.21B	-14.78%
2020-12-31	$3.77B	13.73%
2020-09-30	$3.31B	6.30%
2020-06-30	$3.11B	-31.57%
2020-03-31	$4.55B	12.46%
2019-12-31	$4.05B	-9.22%
2019-09-30	$4.46B	12.23%
2019-06-30	$3.97B	6.11%
2019-03-31	$3.74B	-0.71%
2018-12-31	$3.77B	-13.28%
2018-09-30	$4.35B	34.41%
2018-06-30	$3.23B	12.18%
2018-03-31	$2.88B	-10.94%
2017-12-31	$3.24B	-30.04%
2017-09-30	$4.63B	45.61%
2017-06-30	$3.18B	4.23%
2017-03-31	$3.05B	-13.22%
2016-12-31	$3.51B	24.69%
2016-09-30	$2.82B	-6.86%
2016-06-30	$3.03B	-0.36%
2016-03-31	$3.04B	8.18%
2015-12-31	$2.81B	-13.39%
2015-09-30	$3.24B	-0.56%
2015-06-30	$3.26B	22.65%
2015-03-31	$2.66B	-8.62%
2014-12-31	$2.91B	17.06%
2014-09-30	$2.48B	-4.70%
2014-06-30	$2.61B	5.17%
2014-03-31	$2.48B	100.00%
2013-12-31	-	-100.00%
2013-09-30	$2.24B	1.31%
2013-06-30	$2.21B	2.03%
2013-03-31	$2.17B	-5.63%
2012-12-31	$2.30B	-15.11%
2012-09-30	$2.70B	27.66%
2012-06-30	$2.12B	1.08%
2012-03-31	$2.10B	1.79%
2011-12-31	$2.06B	-1.43%
2011-09-30	$2.09B	-10.81%
2011-06-30	$2.34B	5.51%
2011-03-31	$2.22B	-6.44%
2010-12-31	$2.37B	3.67%
2010-09-30	$2.29B	2.46%
2010-06-30	$2.23B	-1.34%
2010-03-31	$2.26B	1.42%
2009-12-31	$2.23B	-1.67%
2009-09-30	$2.27B	5.21%
2009-06-30	$2.16B	-1.41%
2009-03-31	$2.19B	-3.98%
2008-12-31	$2.28B	-8.75%
2008-09-30	$2.50B	-6.03%
2008-06-30	$2.66B	6.30%
2008-03-31	$2.50B	-2.49%
2007-12-31	$2.56B	-

Principal Financial Group generated $3.67B in revenue during Q2 2025, up -0.67% compared to the previous quarter, and up 90.58% compared to the same period a year ago.

Principal Financial Group Revenue Breakdown

Principal Financial Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Principal Asset Management	$2.79B	$297.80M	-	-	-
Segment Retirement and Investor Services	$7.98B	$7.25B	-	-	-
Retirement and Income Solutions	-	$7.25B	$364.40M	$413.10M	-
Corporate	-	$179.20M	$148.10M	$204.10M	-
Principal Global Investors	-	-	$1.68B	$1.79B	-
Principal International	-	-	$426.30M	$492.70M	-
Segment Corporate	-	-	-	-	$154.90M
Segment Retirement And Income Solutions	-	-	-	-	$342.60M
Segment Principal International	-	-	-	-	$439.20M
Segment Principal Global Investors	-	-	-	-	$1.51B

Principal Financial Group's latest annual revenue breakdown by segment (product or service), as of Dec 24: Segment Retirement and Investor Services (74.08%), and Principal Asset Management (25.92%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Corporate	$79.80M	$79.10M	$89.20M	$44.90M	$45.10M	$32.20M	$40.30M	$27.70M	$47.90M	$48.20M	$51.60M	-	-	-	-	-	-	-	-	-
Segment Retirement and Investor Services	$1.72B	$2.08B	$2.16B	$1.69B	$2.19B	$1.93B	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Benefits and Protection	$1.25B	$1.21B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal Asset Management	$703.40M	$686.80M	$2.56B	$80.00M	$72.10M	$74.10M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retirement and Income Solutions	-	-	-	-	-	-	$6.98B	$139.60M	$130.20M	$88.50M	$89.90M	$88.60M	$97.40M	$105.40M	$106.00M	-	-	-	-	-
Principal Global Investors	-	-	-	-	-	-	-	-	-	$398.00M	$395.80M	$451.60M	$429.60M	$484.30M	$453.50M	-	-	-	-	-
Principal International	-	-	-	-	-	-	-	-	-	$104.40M	$102.30M	$109.20M	$110.40M	$119.20M	$125.10M	-	-	-	-	-
Segment Retirement And Income Solutions	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$102.90M	$98.80M	$93.50M	$87.50M	$77.60M
Segment Principal International	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$126.50M	$121.90M	$117.00M	$111.10M	$101.60M
Segment Corporate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$55.90M	$48.40M	$43.70M	$42.40M	$35.90M
Segment Principal Global Investors	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$444.00M	$406.10M	$403.10M	$377.00M	$348.20M

Principal Financial Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Segment Retirement and Investor Services (45.85%), Benefits and Protection (33.25%), Principal Asset Management (18.77%), and Corporate (2.13%).

Principal Financial Group Revenue Breakdown by Country

Quarterly Revenue by Country

Country	Jun 18	Mar 18
Segment Geographical Area Eliminations	$-400.00K	$-400.00K
Asia	$26.70M	$28.70M
Latin America	$96.50M	$92.50M

Principal Financial Group's latest quarterly revenue breakdown by geography, as of Jun 18: Latin America (78.58%), Asia (21.74%), and Segment Geographical Area Eliminations (-0.33%).

Principal Financial Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AEG	Aegon	$29.54B	$3.11B
EG	Everest Re Group	$17.28B	$4.49B
PFG	Principal Financial Group	$16.13B	$3.67B
L	Loews	$14.60B	$4.55B
BNT	Brookfield Wealth Solutions	$14.10B	$5.97B
UNM	Unum Group	$12.89B	$3.36B
EQH	Equitable	$12.44B	$2.36B
FNF	Fidelity National Financial	$11.83B	$3.63B
KEY	KeyCorp	$8.43B	$2.80B
RF	Regions Financial	$7.11B	$2.43B
CRBG	Corebridge Financial	-	$2.74B

PFG Revenue FAQ

What is Principal Financial Group’s yearly revenue?

Principal Financial Group's yearly revenue for 2024 was $16.13B, representing an increase of 18.02% compared to 2023. The company's yearly revenue for 2023 was $13.67B, representing a decrease of -21.87% compared to 2022. PFG's yearly revenue for 2022 was $17.49B, representing an increase of 22.64% compared to 2021.

What is Principal Financial Group’s quarterly revenue?

Principal Financial Group's quarterly revenue for Q2 2025 was $3.67B, a -0.67% decrease from the previous quarter (Q1 2025), and a -14.83% decrease year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $3.7B, a -22.22% decrease from the previous quarter (Q4 2024), and a -8.82% decrease year-over-year (Q1 2024). PFG's quarterly revenue for Q4 2024 was $4.75B, a 57.79% increase from the previous quarter (Q3 2024), and a 76.60% increase year-over-year (Q4 2023).

What is Principal Financial Group’s revenue growth rate?

Principal Financial Group's revenue growth rate for the last 3 years (2022-2024) was -7.80%, and for the last 5 years (2020-2024) was 9.40%.

What are Principal Financial Group’s revenue streams?

Principal Financial Group's revenue streams in c 24 are Principal Asset Management, and Segment Retirement and Investor Services. Principal Asset Management generated $2.79B in revenue, accounting 25.92% of the company's total revenue, up 837.00% year-over-year. Segment Retirement and Investor Services generated $7.98B in revenue, accounting 74.08% of the company's total revenue, up 10.01% year-over-year.

What is Principal Financial Group’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Principal Financial Group was Segment Retirement and Investor Services. This segment made a revenue of $7.98B, representing 74.08% of the company's total revenue.