vs
Side-by-side financial comparison of Emerson Electric (EMR) and Principal Financial Group (PFG). Click either name above to swap in a different company.
Principal Financial Group is the larger business by last-quarter revenue ($4.6B vs $4.3B, roughly 1.1× Emerson Electric). Emerson Electric runs the higher net margin — 13.9% vs 11.3%, a 2.6% gap on every dollar of revenue. On growth, Emerson Electric posted the faster year-over-year revenue change (4.1% vs -3.7%). Over the past eight quarters, Principal Financial Group's revenue compounded faster (6.3% CAGR vs -0.3%).
Emerson ElectricEMREarnings & Financial Report
Emerson Electric Co. is an American multinational corporation headquartered in St. Louis, Missouri. The Fortune 500 company delivers a range of engineering services, manufactures industrial automation equipment, climate control systems, and precision measurement instruments, and provides software engineering for industrial, commercial, and consumer markets.
Principal Financial GroupPFGEarnings & Financial Report
Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.
EMR vs PFG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.3B | $4.6B |
| Net Profit | $605.0M | $517.0M |
| Gross Margin | 53.2% | — |
| Operating Margin | 17.8% | — |
| Net Margin | 13.9% | 11.3% |
| Revenue YoY | 4.1% | -3.7% |
| Net Profit YoY | 3.4% | -42.9% |
| EPS (diluted) | $1.07 | $2.30 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $4.3B | $4.6B | ||
| Q3 25 | $4.9B | $3.7B | ||
| Q2 25 | $4.6B | $3.7B | ||
| Q1 25 | $4.4B | $3.7B | ||
| Q4 24 | $4.2B | $4.8B | ||
| Q3 24 | $4.6B | $3.0B | ||
| Q2 24 | $4.4B | $4.3B | ||
| Q1 24 | $4.4B | $4.1B |
| Q4 25 | $605.0M | $517.0M | ||
| Q3 25 | $637.0M | $213.8M | ||
| Q2 25 | $586.0M | $406.2M | ||
| Q1 25 | $485.0M | $48.1M | ||
| Q4 24 | $585.0M | $905.4M | ||
| Q3 24 | $996.0M | $-220.0M | ||
| Q2 24 | $329.0M | $353.1M | ||
| Q1 24 | $501.0M | $532.5M |
| Q4 25 | 53.2% | — | ||
| Q3 25 | 51.9% | — | ||
| Q2 25 | 52.6% | — | ||
| Q1 25 | 53.5% | — | ||
| Q4 24 | 53.5% | — | ||
| Q3 24 | 51.3% | — | ||
| Q2 24 | 52.8% | — | ||
| Q1 24 | 52.2% | — |
| Q4 25 | 17.8% | — | ||
| Q3 25 | 16.4% | — | ||
| Q2 25 | 16.1% | — | ||
| Q1 25 | 14.2% | — | ||
| Q4 24 | 18.6% | — | ||
| Q3 24 | 14.7% | — | ||
| Q2 24 | 10.4% | — | ||
| Q1 24 | 16.2% | — |
| Q4 25 | 13.9% | 11.3% | ||
| Q3 25 | 13.1% | 5.8% | ||
| Q2 25 | 12.9% | 11.1% | ||
| Q1 25 | 10.9% | 1.3% | ||
| Q4 24 | 14.0% | 19.1% | ||
| Q3 24 | 21.6% | -7.3% | ||
| Q2 24 | 7.5% | 8.2% | ||
| Q1 24 | 11.4% | 13.1% |
| Q4 25 | $1.07 | $2.30 | ||
| Q3 25 | $1.12 | $0.95 | ||
| Q2 25 | $1.04 | $1.79 | ||
| Q1 25 | $0.86 | $0.21 | ||
| Q4 24 | $1.02 | $3.92 | ||
| Q3 24 | $1.74 | $-0.95 | ||
| Q2 24 | $0.57 | $1.49 | ||
| Q1 24 | $0.87 | $2.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $4.4B |
| Total DebtLower is stronger | $7.6B | $3.9B |
| Stockholders' EquityBook value | $20.3B | $11.9B |
| Total Assets | $41.9B | $341.4B |
| Debt / EquityLower = less leverage | 0.37× | 0.33× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $4.4B | ||
| Q3 25 | — | $5.1B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.9B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $6.2B | ||
| Q2 24 | — | $4.8B | ||
| Q1 24 | — | $4.2B |
| Q4 25 | $7.6B | $3.9B | ||
| Q3 25 | $8.9B | $3.9B | ||
| Q2 25 | $8.3B | $3.9B | ||
| Q1 25 | $8.2B | $4.3B | ||
| Q4 24 | $6.6B | $4.0B | ||
| Q3 24 | $7.7B | $3.9B | ||
| Q2 24 | $7.1B | $3.9B | ||
| Q1 24 | $7.6B | $3.9B |
| Q4 25 | $20.3B | $11.9B | ||
| Q3 25 | $20.3B | $11.7B | ||
| Q2 25 | $19.9B | $11.4B | ||
| Q1 25 | $19.2B | $11.2B | ||
| Q4 24 | $20.5B | $11.1B | ||
| Q3 24 | $21.6B | $11.2B | ||
| Q2 24 | $20.8B | $11.0B | ||
| Q1 24 | $20.9B | $11.2B |
| Q4 25 | $41.9B | $341.4B | ||
| Q3 25 | $42.0B | $334.5B | ||
| Q2 25 | $42.5B | $323.1B | ||
| Q1 25 | $42.0B | $313.0B | ||
| Q4 24 | $42.6B | $313.7B | ||
| Q3 24 | $44.2B | $322.9B | ||
| Q2 24 | $45.6B | $308.8B | ||
| Q1 24 | $46.4B | $308.7B |
| Q4 25 | 0.37× | 0.33× | ||
| Q3 25 | 0.44× | 0.34× | ||
| Q2 25 | 0.42× | 0.34× | ||
| Q1 25 | 0.42× | 0.39× | ||
| Q4 24 | 0.32× | 0.36× | ||
| Q3 24 | 0.36× | 0.35× | ||
| Q2 24 | 0.34× | 0.36× | ||
| Q1 24 | 0.36× | 0.35× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $699.0M | $1.7B |
| Free Cash FlowOCF − Capex | $602.0M | — |
| FCF MarginFCF / Revenue | 13.9% | — |
| Capex IntensityCapex / Revenue | 2.2% | — |
| Cash ConversionOCF / Net Profit | 1.16× | 3.37× |
| TTM Free Cash FlowTrailing 4 quarters | $4.4B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $699.0M | $1.7B | ||
| Q3 25 | $3.1B | $1.0B | ||
| Q2 25 | $1.1B | $811.9M | ||
| Q1 25 | $241.0M | $977.3M | ||
| Q4 24 | $777.0M | $1.5B | ||
| Q3 24 | $3.3B | $1.1B | ||
| Q2 24 | $1.1B | $1.4B | ||
| Q1 24 | $743.0M | $584.2M |
| Q4 25 | $602.0M | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $977.0M | — | ||
| Q1 25 | $154.0M | — | ||
| Q4 24 | $694.0M | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $998.0M | — | ||
| Q1 24 | $661.0M | — |
| Q4 25 | 13.9% | — | ||
| Q3 25 | 54.9% | — | ||
| Q2 25 | 21.5% | — | ||
| Q1 25 | 3.5% | — | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 63.1% | — | ||
| Q2 24 | 22.8% | — | ||
| Q1 24 | 15.1% | — |
| Q4 25 | 2.2% | — | ||
| Q3 25 | 8.9% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 9.1% | — | ||
| Q2 24 | 2.1% | — | ||
| Q1 24 | 1.9% | — |
| Q4 25 | 1.16× | 3.37× | ||
| Q3 25 | 4.86× | 4.70× | ||
| Q2 25 | 1.83× | 2.00× | ||
| Q1 25 | 0.50× | 20.32× | ||
| Q4 24 | 1.33× | 1.61× | ||
| Q3 24 | 3.35× | — | ||
| Q2 24 | 3.31× | 4.05× | ||
| Q1 24 | 1.48× | 1.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EMR
| Other | $1.8B | 41% |
| Software And Systems | $1.0B | 24% |
| Intelligent Devices | $996.0M | 23% |
| Safety And Productivity | $503.0M | 12% |
PFG
| Segment Retirement And Income Solutions | $1.6B | 36% |
| Segment Benefits And Protection | $1.1B | 23% |
| Other | $582.8M | 13% |
| Segment Principal Asset Management | $465.6M | 10% |
| Subsegment Investment Management | $449.4M | 10% |
| Administrative Service | $152.2M | 3% |
| Subsegment International Pension | $91.2M | 2% |
| Segment Corporate | $73.0M | 2% |
| Subsegment Life Insurance | $26.1M | 1% |
| Financial Service Other | $25.1M | 1% |
| Residential Mortgage | $7.4M | 0% |
| Subsegment Specialty Benefits | $3.7M | 0% |
| Deposit Account | $3.4M | 0% |
| Commission Income | $1.8M | 0% |
