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Founded in 1879 and headquartered in Des Moines, Iowa, Principal Financial Group, Inc. (PFG) is a leading global financial services provider with a market cap of $19 billion. Principal specializes in retirement solutions, asset management, and insurance, serving individuals, businesses, and institutional clients. With a strong focus on financial security and investment growth, the company plays a vital role in helping customers achieve long-term financial well-being.
Shares of Principal Financial Group have underperformed the broader market over the past year. The stock has gained 5.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 20.7%. However, in 2025, PFG is up 9% compared to SPX’s 2.2% rise on a YTD basis.