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Company profile

Principal Financial Group

TypeListed United States retirement, benefits, insurance, and asset-management groupHeadquarters / anchor marketUnited StatesLinesLife and healthThemesCompany referencesInsurance groupsSource reviewLast reviewed

Principal Financial Group is a listed U.S. retirement, benefits, insurance, and asset-management group, headquartered in the United States. Principal combines retirement, workplace benefits, investment management, and international pensions, making metric-denominator discipline especially important across AUM, AUA, insurance capital, and segment earnings.

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Business And Entity Overview

Principal's FY2025 release, 10-K, published annual reports, and SEC filing provide current group, segment, capital, and asset-management information. Group, parent-company, segment, and legal-entity figures below apply only to the perimeter stated in each disclosure; they do not automatically apply to every licensed insurer, branch, brand, or subsidiary.

Financial And Reporting Context

  • Full-Year and Fourth Quarter 2025 Results / full-year results (FY2025 and Q4 2025). Net income attributable to PFG was USD 1.185 billion, non-GAAP operating earnings USD 1.866 billion, AUM USD 781 billion, AUA USD 1.815 trillion, and Principal Life RBC 406%. Scope: Principal Financial Group consolidated and named segments. Operating earnings are non-GAAP; RBC belongs to Principal Life.
  • 2025 Form 10-K Filing Detail / annual report (FY2025, filed 2026-02-18). The filing provides audited statements, segment data, insurance and asset-management risks, capital, and legal-entity context. Scope: Principal Financial Group consolidated registrant.
  • Proxy and Published Annual Reports / annual reporting (2025 annual report and 2026 proxy). The 2025 annual report and 2026 proxy cover distinct financial-reporting and governance periods. Scope: Principal Financial Group parent and consolidated reporting.
  • Principal Financial Group Filing Record / regulatory filing (2025 Form 10-K filed 2026). The SEC filing independently identifies the registrant and annual filing period. Scope: Principal Financial Group, Inc. registrant.

Entity Boundary

Principal Financial Group, Inc. is the listed parent and consolidated group reporting entity. Principal Life Insurance Company, Principal Global Investors, international pension businesses, and other subsidiaries remain separate legal, regulated, and segment scopes. Assets under management are included within assets under administration, so adding them would double count. Principal Life's RBC ratio is not a parent solvency ratio.

Lines And Geographic Context

Principal Financial Group is linked to Life and Health. United States is its home jurisdiction; activities elsewhere are reported through the relevant segment or legal entity.