Principal Financial Group (PFG) Market Cap
Market Cap: $19.31B
Avg Volume: 1.48M
Industry: Insurance - Diversified
Sector: Financial Services
Market Cap Overview
Market Cap
$19.31B
Share Price
$85.6
Shares Outstanding
225.57M
What is Principal Financial Group's Market Cap?
Principal Financial Group's current Market Cap as of today is $19.31B.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of Principal Financial Group, the market cap is calculated as $85.6 x 225.57M shares = $19.31B.
As a Large Cap company, Principal Financial Group is considered a large, well-established company.
Principal Financial Group Historical Market Cap
Principal Financial Group Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Principal Financial Group, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
Principal Financial Group's enterprise value as of December 31, 2024 (Q4 2024) is calculated as:
- Market Cap: $19.31B
- Total Debt: $4.11B
- Cash and Equivalents: $4.21B
- Enterprise Value: $17.86B
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A lower enterprise value indicates a strong net cash position.
Principal Financial Group Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $19.31B | 7.52% |
| 2024 | $17.96B | -3.45% |
| 2023 | $18.60B | -11.73% |
| 2022 | $21.07B | 8.30% |
| 2021 | $19.46B | 42.77% |
| 2020 | $13.63B | -11.06% |
| 2019 | $15.32B | 21.38% |
| 2018 | $12.62B | -38.96% |
| 2017 | $20.68B | 22.18% |
| 2016 | $16.93B | 26.35% |
| 2015 | $13.40B | -13.64% |
| 2014 | $15.51B | 5.51% |
| 2013 | $14.70B | 71.95% |
| 2012 | $8.55B | 10.53% |
| 2011 | $7.74B | -25.84% |
| 2010 | $10.43B | 45.96% |
| 2009 | $7.15B | 22.12% |
| 2008 | $5.85B | -67.97% |
| 2007 | $18.27B | 14.05% |
| 2006 | $16.02B | 17.29% |
| 2005 | $13.66B | 6.68% |
| 2004 | $12.80B | 18.80% |
| 2003 | $10.78B | 3.06% |
| 2002 | $10.46B | 20.22% |
| 2001 | $8.70B | 14.86% |
| 2000 | $7.57B | N/A |
Frequently Asked Questions
Related Metrics
Explore detailed financial metrics and analysis for PFG.