Principal Financial Group, Inc.

Headquarters: Des Moines, IA, United States

Founded: 1879

Employees: 18,600

CEO: Mr. Daniel Joseph Houston

NASDAQ: PFG +0.71%

Market Cap

$18.93 Billion

USD as of Jan. 1, 2024

history Market Cap History

Company Description

The Principal Financial Group is a financial investment management and insurance company, headquartered in Des Moines, Iowa. It operates across four lines of business: retirement and income solutions, principal global investors, principal international, and US insurance solutions.

Principal Financial Group, Inc. market capitalization over time

Evolution of Principal Financial Group, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Principal Financial Group, Inc.

Detailed Description

Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides a portfolio of asset accumulation products and services for retirement savings and income. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, and bank products. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, India, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products in the United States. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.


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Stocks & Indices

Principal Financial Group, Inc. has the following listings and related stock indices.

Stock: NASDAQ: PFG wb_incandescent

Stock: Bovespa: P1FG34 wb_incandescent

Stock: FSX: PG4 wb_incandescent

Product & Services

retirement planning insurance asset management

Key People

Founder(s): Edward Temple

Daniel Houston (CEO)


Revenue: US$14.741 Billion (Fiscal Year Ended 31 December 2020)

Operating income: US$1.693 Billion (Fiscal Year Ended 31 December 2020)

Net income: US$1.428 Billion (Fiscal Year Ended 31 December 2020)

Total assets: US$296.627 Billion (Fiscal Year Ended 31 December 2020)

Total equity: US$16.617 Billion (Fiscal Year Ended 31 December 2020)



711 High Street

Des Moines, IA 50392

United States

Phone: 515-247-5111