PFG's Growth Comparisons in I. Quarter 2026
Although the Accident & Health Insurance industry saw advancing Revenue by 6.14%, Principal Financial Group Inc announced -4.51% year on year sales decline in the first quarter 2026, to $ 3.53 billions, and underperformed the 8.92% Revenue growth in the Financial sector. Weak first quarter sales, in Accident & Health Insurance industry and within the Financial sector, were reflected in Principal Financial Group Inc results which underperformed overall market.
Comparing company's Revenue to the fourth quarter results, sales were lower by -22.89% . On the annual basis, average annual sales growth for Principal Financial Group Inc is 1.17%, while S & P 500's including only Businesses with the first quarter 2026 results, average yearly sales growth is 10.59% over the past five years.
| Segment Name |
Y / Y |
Sequential |
| Universal life Benefits and Protection Life Insurance |
|
1.05 % |
- |
| Revenue And Profit Loss From To Consolidated pfg OperatingRevenueAndProfitLossFromSegmentsToConsolidatedLineItems |
|
-12.4 % |
- |
| Retirement and Income Solutions |
|
-26.8 % |
- |
| Principal Asset Management |
|
2.41 % |
- |
| Benefits and Protection |
|
-38.31 % |
- |
| Corporate |
|
26.9 % |
- |
| Inter-eliminations |
|
-2.57 % |
- |
| Inter-eliminations Retirement and Income Solutions |
|
-75 % |
- |
| Inter-eliminations Principal Asset Management |
|
8.31 % |
- |
| Inter-eliminations Benefits and Protection |
|
14.29 % |
- |
| Inter-eliminations Corporate |
|
-2.65 % |
- |
| Reconciling items |
|
4.8 % |
- |
| Investment Management Principal Asset Management |
|
2.89 % |
- |
| International Pension Principal Asset Management |
|
3.74 % |
- |
| Specialty Benefits Benefits and Protection |
|
-4.82 % |
- |
| Life Insurance Benefits and Protection |
|
-2.89 % |
- |
| Principal Asset Management Eliminations Principal Asset Management |
|
- |
- |
| Benefits and Protection Specialty Benefits |
|
3.73 % |
- |
| Benefits and Protection Specialty Benefits Administrative service fee revenue |
|
-2.7 % |
- |
| Benefits and Protection Life Insurance |
|
1.97 % |
- |
| Benefits and Protection Life Insurance Administrative service fee revenue |
|
7.34 % |
- |
| Principal Asset Management Investment Management |
|
2.73 % |
- |
| Principal Asset Management Investment Management Management fee revenue |
|
2.44 % |
- |
| Principal Asset Management Investment Management Other fee revenue |
|
1.6 % |
- |
| Principal Asset Management International Pension |
|
-6.22 % |
- |
| Principal Asset Management International Pension Management fee revenue |
|
3.48 % |
- |
| Principal Asset Management International Pension Other fee revenue |
|
18.75 % |
- |
| Retirement and Income Solutions Administrative service fee revenue |
|
2.76 % |
- |
| Retirement and Income Solutions Deposit account fee revenue |
|
5.88 % |
- |
| Retirement and Income Solutions Commission income |
|
72.73 % |
- |
| Corporate Other fee revenue |
|
16.74 % |
- |
| Corporate Commission income |
|
-2.36 % |
- |
| Corporate Revenue by type - Eliminations |
|
- |
- |
| Total |
|
-4.51 % |
- |
| Segment Corporate |
|
- |
- |
| Intersegment Elimination |
|
- |
- |
| Segment Retirement and Income Solutions |
|
- |
- |
| Segment Principal Asset Management |
|
- |
- |
| Segment Benefits and Protection |
|
- |
- |
| Member |
|
- |
- |
| Subsegment Investment Management |
|
- |
- |
| Subsegment International Pension |
|
- |
- |
| Subsegment Principal Asset Management Eliminations |
|
- |
- |
| Subsegment Specialty Benefits |
|
- |
- |
| Subsegment Life Insurance |
|
- |
- |
Reporting 819.05% surge year on year in the first quarterEPS, Principal Financial Group Inc led the 13.58% rise in the Accident & Health Insurance industry, and 14.19% improvement in the Financial sector. Despite modest earnings per share rises in the Financial sector and Accident & Health Insurance industry, Principal Financial Group Inc reported above average market earnings per share growth.
Bottom-line fell by -25.77% from the fourth quarter results. Comparing the annual growth, income per share of 0.78% on average in last five years, to the S & P 500's, including only Businesses with the first quarter 2026 earnings, average yearly income per share growth is 22.96%. Principal Financial Group Inc grew less than the market.