Principal Financial Group (PFG) vs Raymond James Financial (RJF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Principal Financial Group (PFG) has outperformed Raymond James Financial (RJF) over the past year, gaining 30.1% versus a loss of 4.0%. Over five years, PFG leads with a +58.4% price change compared with +58.3% for RJF. Raymond James Financial is the larger company by market cap ($30.47 billion vs $23.50 billion), about 1.3 times the size.
On valuation, Principal Financial Group trades at a lower forward P/E (10.7x vs 11.1x for Raymond James Financial). Principal Financial Group offers the higher dividend yield (2.91% vs 1.34%). Raymond James Financial converts more of its revenue into profit, with a net margin of 13.4% versus 7.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | PFG | RJF |
|---|---|---|
| Share price | $109.77 | $158.60 |
| Market cap | $23.50B | $30.47B |
| 1-day change | +0.96% | +0.86% |
| YTD return | +23.26% | -1.24% |
| 1-year return | +30.11% | -3.97% |
| 5-year return | +58.38% | +58.27% |
| P/E ratio (TTM) | 15.64 | 13.83 |
| Forward P/E | 10.66 | 11.12 |
| EPS (TTM) | $7.02 | $11.47 |
| Dividend yield | 2.91% | 1.34% |
| Annual dividend | $3.19 | $2.12 |
| Revenue (latest FY) | $15.63B | $15.91B |
| Revenue growth (YoY) | -3.11% | +6.63% |
| Net income (latest FY) | $1.19B | $2.13B |
| Net margin | 7.58% | 13.42% |
| 52-week high | $121.18 | $182.73 |
| 52-week low | $77.90 | $138.82 |
| Distance from 52-week high | -9.42% | -13.21% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +1.65% | +17.05% |
| Average volume | 1.39M | 1.20M |
| Shares outstanding | 214.10M | 192.10M |
| Employees | 19,700 | 19,500 |
| Sector | Finance | Financial Services |
| Industry | Accident &Health Insurance | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PFG has outperformed RJF by 34.1 percentage points over the past year.
- Principal Financial Group offers a meaningfully higher dividend yield (2.91% vs 1.34%).
- Raymond James Financial is more profitable, keeping 13.4 cents of every revenue dollar as net income versus 7.6 cents for Principal Financial Group.
- Raymond James Financial grew revenue faster in its latest fiscal year (+6.63% vs -3.11%).
- The two companies sit in different sectors: Principal Financial Group in Finance and Raymond James Financial in Financial Services.
About Principal Financial Group
PFG stock →Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.
Finance · Accident &Health Insurance · 19,700 employees
About Raymond James Financial
RJF stock →Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers financial planning, investment advisory, securities transaction, investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party mutual fund and annuity companies, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services.
Financial Services · Asset Management · 19,500 employees
PFG vs RJF FAQ
Which is bigger, Principal Financial Group or Raymond James Financial?
Raymond James Financial (RJF) is larger, with a market capitalization of $30.47B compared with $23.50B for Principal Financial Group (PFG).
Which stock has performed better over the past year, PFG or RJF?
PFG returned +30.11% over the past 12 months, compared with -3.97% for RJF (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PFG or RJF?
RJF has the lower trailing P/E at 13.8, versus 15.6 for PFG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Principal Financial Group or Raymond James Financial?
Principal Financial Group has the higher yield at 2.91%, compared with 1.34% for Raymond James Financial.
Are Principal Financial Group and Raymond James Financial in the same industry?
No. Principal Financial Group is in the Finance sector, while Raymond James Financial is in Financial Services.