PRINCIPAL FINANCIAL GROUP INC
Close on Oct 19, 2026
- Market cap
- $23.54B
- P/E (TTM)
- 15.3
- Dividend yield
- 2.88%
About Principal Financial
Accident & Health Insurance, SIC 6321
Principal Financial Group, Inc. provides retirement, asset management, and workplace benefits and protection solutions. Operating across Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection segments, the company offers defined contribution and defined benefit plans, annuities, investment management, and specialty insurance including group dental, life, disability, and supplemental health coverage. Key clients include businesses of all sizes, institutional investors, employees, and individual consumers.
The company operates throughout all 50 U.S. states and the District of Columbia, with specialized banking and trust arms. Internationally, it conducts operations and joint ventures across Latin America and Asia, including Brazil, Chile, Mexico, China, Hong Kong, and Southeast Asia. The excerpt notes historical roots dating back to 1879, with retirement accumulation beginning in the 1940s, but does not explicitly name a corporate headquarters city.
Summary of the business section of Principal Financial's latest annual report, written by StockData.
Company profile
Company
- Legal name
- PRINCIPAL FINANCIAL GROUP INC
- Founded
- 1879
- Headquarters
- Des Moines, IA
- Address
- 711 High Street 50392
- Phone
- (515) 247-5111
- Website
- www.principal.com
- Employees
- 19,700, Dec 31, 2025
- Industry
- Accident & Health Insurance
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst& YoungLLP, Des Moines, Iowa
Stock & identifiers
- Ticker
- PFG
- Exchange
- Nasdaq
- Shares outstanding
- 214M, Jul 22, 2026
- Public float
- $17.70B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1126328
- CUSIP
- 74251V102
- ISIN
- US74251V1026
- LEI
- CUMYEZJOAF02RYZ1JJ85
- EIN
- 42-1520346
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Daniel Joseph Houston | Executive Chairman, Director | 400,730 |
| Christopher J. Littlefield | President - RIS | 77,290 |
| Kathleen B. Kay | EVP-Chief Information Officer | 44,683 |
| Kamal Bhatia | President and CEO - PAM | 65,869 |
| Wee Yee Cheong | President - Asia & Middle East | 67,173 |
| Kenneth A. McCullum | EVP - Chief Risk Officer | 41,141 |
| Amy Christine Friedrich | President - Benefits & Protect | 113,582 |
| Joel Pitz | EVP & CFO | 48,619 |
| Deanna D. Strable-Soethout | Chair, President and CEO | 228,044 |
| Vivek Agrawal | EVP & Chief Growth Officer | 46,762 |
| Timothy W. Brown | EVP, General Counsel and Sec | 22,442 |
| George Djurasovic | Interim General Counsel | 21,905 |
| Natalie Lamarque | EVP, General Counsel, and Secr | 100,573 |
| Jonathan Auerbach | Director | 23,112 |
| H. Elizabeth Mitchell | Director | 13,278 |
| Mary E. Beams | Director | 17,066 |
| Miller Jocelyn Carter | Director | 91,979 |
| Blair Pickerell | Director | 40,100 |
| Clare Stack Richer | Director | 21,550 |
| Scott Mills | Director | 36,386 |
| Diane C. Nordin | Director | 31,548 |
| Claudio Muruzabal | Director | 13,699 |
| Alfredo Rivera | Director | 16,624 |
| Roger C. Hochschild | Director | 41,762 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Daniel JHouston | $11.32M | $13.19M | $5.26M | $213 | $203 |
| FY2025 Deanna DStrable Soethout | $13.83M | $15.27M | $5.26M | $213 | $203 |
| FY2024 Daniel J. Houston | $16.44M | $14.20M | $4.52M | $171 | $174 |
| FY2024 Daniel JHouston | $16.44M | $14.20M | $4.52M | $171 | $174 |
| FY2023 Daniel J. Houston | $15.12M | $12.28M | $5.45M | $167 | $141 |
| FY2023 Daniel JHouston | $15.12M | $12.28M | $5.45M | $167 | $141 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed approximately 19,700 people across the globe, including approximately 11,600 employees who work in the U.S.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Dec 15, 2017 | Listing | Registration of securities on an exchange (Form 8-A) |
| Dec 11, 2017 | Delisting | Notice of delisting from exchange (Form 25) |
| Nov 30, 2017 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Jun 30, 2015 | Delisting | Notice of delisting from exchange (Form 25) |
| Jun 17, 2005 | Listing | Registration of securities on an exchange (Form 8-A) |
| Oct 10, 2001 | Listing | Registration of securities on an exchange (Form 8-A) |