Principal Financial Group (PFG) vs T. Rowe Price Group (TROW)
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 T. Rowe Price Group (TROW) over the past year, gaining 30.1% versus a loss of 1.6%. Over five years, PFG leads with a +58.4% price change compared with -47.9% for TROW. Principal Financial Group is the larger company by market cap ($23.28 billion vs $22.20 billion), about 1.0 times the size, while T. Rowe Price Group is growing revenue faster (+3.1% vs -3.1%).
On valuation, T. Rowe Price Group trades at a lower forward P/E (10.1x vs 10.5x for Principal Financial Group). T. Rowe Price Group offers the higher dividend yield (4.94% vs 2.93%). T. Rowe Price Group converts more of its revenue into profit, with a net margin of 28.5% 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 | TROW |
|---|---|---|
| Share price | $108.73 | $104.07 |
| Market cap | $23.28B | $22.20B |
| 1-day change | -0.88% | +0.45% |
| YTD return | +23.26% | +1.65% |
| 1-year return | +30.11% | -1.62% |
| 5-year return | +58.38% | -47.90% |
| P/E ratio (TTM) | 15.62 | 10.40 |
| Forward P/E | 10.53 | 10.09 |
| EPS (TTM) | $6.96 | $10.01 |
| Dividend yield | 2.93% | 4.94% |
| Annual dividend | $3.19 | $5.14 |
| Revenue (latest FY) | $15.63B | $7.31B |
| Revenue growth (YoY) | -3.11% | +3.12% |
| Net income (latest FY) | $1.19B | $2.09B |
| Operating margin | — | 29.92% |
| Net margin | 7.58% | 28.53% |
| 52-week high | $121.18 | $122.00 |
| 52-week low | $77.90 | $85.22 |
| Distance from 52-week high | -10.27% | -14.70% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +2.62% | +3.11% |
| Average volume | 1.39M | 1.68M |
| Shares outstanding | 214.10M | 213.32M |
| Employees | 19,700 | 7,544 |
| Sector | Finance | Finance |
| Industry | Accident &Health Insurance | Investment Managers |
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 TROW by 31.7 percentage points over the past year.
- Principal Financial Group trades at a higher earnings multiple (15.6x vs 10.4x trailing P/E).
- T. Rowe Price Group offers a meaningfully higher dividend yield (4.94% vs 2.93%).
- T. Rowe Price Group is more profitable, keeping 28.5 cents of every revenue dollar as net income versus 7.6 cents for Principal Financial Group.
- T. Rowe Price Group grew revenue faster in its latest fiscal year (+3.12% vs -3.11%).
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 T. Rowe Price Group
TROW stock →T. Rowe Price Group, Inc.
Finance · Investment Managers · 7,544 employees
PFG vs TROW FAQ
Which is bigger, Principal Financial Group or T. Rowe Price Group?
Principal Financial Group (PFG) is larger, with a market capitalization of $23.28B compared with $22.20B for T. Rowe Price Group (TROW).
Which stock has performed better over the past year, PFG or TROW?
PFG returned +30.11% over the past 12 months, compared with -1.62% for TROW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PFG or TROW?
TROW has the lower trailing P/E at 10.4, 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 T. Rowe Price Group?
T. Rowe Price Group has the higher yield at 4.94%, compared with 2.93% for Principal Financial Group.
Are Principal Financial Group and T. Rowe Price Group in the same industry?
Both are in the Finance sector, but in different industries: Accident &Health Insurance for Principal Financial Group and Investment Managers for T. Rowe Price Group.