vs

Side-by-side financial comparison of Garrett Motion Inc. (GTX) 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 $985.0M, roughly 4.6× Garrett Motion Inc.). Principal Financial Group runs the higher net margin — 11.3% vs 9.6%, a 1.7% gap on every dollar of revenue. On growth, Garrett Motion Inc. posted the faster year-over-year revenue change (12.2% vs -3.7%). Over the past eight quarters, Principal Financial Group's revenue compounded faster (6.3% CAGR vs 5.2%).

Garrett Motion Inc., formerly Honeywell Transportation Systems and Honeywell Turbo Technologies, is an American company primarily involved in engineering, development and manufacturing of turbochargers and related forced induction systems for ground vehicles from small passenger cars to large trucks and industrial equipment and construction machinery. It originated as part of Garrett AiResearch's Industrial Division in Phoenix, Arizona, in 1954, after which they entered a contract to provide ...

Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.

GTX vs PFG — Head-to-Head

Bigger by revenue
PFG
PFG
4.6× larger
PFG
$4.6B
$985.0M
GTX
Growing faster (revenue YoY)
GTX
GTX
+15.9% gap
GTX
12.2%
-3.7%
PFG
Higher net margin
PFG
PFG
1.7% more per $
PFG
11.3%
9.6%
GTX
Faster 2-yr revenue CAGR
PFG
PFG
Annualised
PFG
6.3%
5.2%
GTX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GTX
GTX
PFG
PFG
Revenue
$985.0M
$4.6B
Net Profit
$95.0M
$517.0M
Gross Margin
19.9%
Operating Margin
Net Margin
9.6%
11.3%
Revenue YoY
12.2%
-3.7%
Net Profit YoY
53.2%
-42.9%
EPS (diluted)
$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.

Revenue
GTX
GTX
PFG
PFG
Q1 26
$985.0M
Q4 25
$891.0M
$4.6B
Q3 25
$902.0M
$3.7B
Q2 25
$913.0M
$3.7B
Q1 25
$878.0M
$3.7B
Q4 24
$844.0M
$4.8B
Q3 24
$826.0M
$3.0B
Q2 24
$890.0M
$4.3B
Net Profit
GTX
GTX
PFG
PFG
Q1 26
$95.0M
Q4 25
$84.0M
$517.0M
Q3 25
$77.0M
$213.8M
Q2 25
$87.0M
$406.2M
Q1 25
$62.0M
$48.1M
Q4 24
$100.0M
$905.4M
Q3 24
$52.0M
$-220.0M
Q2 24
$64.0M
$353.1M
Gross Margin
GTX
GTX
PFG
PFG
Q1 26
19.9%
Q4 25
20.8%
Q3 25
20.6%
Q2 25
19.8%
Q1 25
20.4%
Q4 24
21.6%
Q3 24
20.1%
Q2 24
20.8%
Operating Margin
GTX
GTX
PFG
PFG
Q1 26
Q4 25
11.6%
Q3 25
11.3%
Q2 25
11.2%
Q1 25
9.7%
Q4 24
11.7%
Q3 24
9.2%
Q2 24
9.8%
Net Margin
GTX
GTX
PFG
PFG
Q1 26
9.6%
Q4 25
9.4%
11.3%
Q3 25
8.5%
5.8%
Q2 25
9.5%
11.1%
Q1 25
7.1%
1.3%
Q4 24
11.8%
19.1%
Q3 24
6.3%
-7.3%
Q2 24
7.2%
8.2%
EPS (diluted)
GTX
GTX
PFG
PFG
Q1 26
Q4 25
$0.42
$2.30
Q3 25
$0.38
$0.95
Q2 25
$0.42
$1.79
Q1 25
$0.30
$0.21
Q4 24
$0.46
$3.92
Q3 24
$0.24
$-0.95
Q2 24
$0.28
$1.49

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GTX
GTX
PFG
PFG
Cash + ST InvestmentsLiquidity on hand
$142.0M
$4.4B
Total DebtLower is stronger
$1.4B
$3.9B
Stockholders' EquityBook value
$11.9B
Total Assets
$2.4B
$341.4B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTX
GTX
PFG
PFG
Q1 26
$142.0M
Q4 25
$177.0M
$4.4B
Q3 25
$230.0M
$5.1B
Q2 25
$232.0M
$3.7B
Q1 25
$130.0M
$3.9B
Q4 24
$125.0M
$4.2B
Q3 24
$96.0M
$6.2B
Q2 24
$98.0M
$4.8B
Total Debt
GTX
GTX
PFG
PFG
Q1 26
$1.4B
Q4 25
$3.9B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$4.3B
Q4 24
$4.0B
Q3 24
$3.9B
Q2 24
$3.9B
Stockholders' Equity
GTX
GTX
PFG
PFG
Q1 26
Q4 25
$-802.0M
$11.9B
Q3 25
$-813.0M
$11.7B
Q2 25
$-812.0M
$11.4B
Q1 25
$-700.0M
$11.2B
Q4 24
$-673.0M
$11.1B
Q3 24
$-778.0M
$11.2B
Q2 24
$-725.0M
$11.0B
Total Assets
GTX
GTX
PFG
PFG
Q1 26
$2.4B
Q4 25
$2.4B
$341.4B
Q3 25
$2.4B
$334.5B
Q2 25
$2.4B
$323.1B
Q1 25
$2.3B
$313.0B
Q4 24
$2.3B
$313.7B
Q3 24
$2.2B
$322.9B
Q2 24
$2.2B
$308.8B
Debt / Equity
GTX
GTX
PFG
PFG
Q1 26
Q4 25
0.33×
Q3 25
0.34×
Q2 25
0.34×
Q1 25
0.39×
Q4 24
0.36×
Q3 24
0.35×
Q2 24
0.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GTX
GTX
PFG
PFG
Operating Cash FlowLast quarter
$98.0M
$1.7B
Free Cash FlowOCF − Capex
$49.0M
FCF MarginFCF / Revenue
5.0%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.03×
3.37×
TTM Free Cash FlowTrailing 4 quarters
$360.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GTX
GTX
PFG
PFG
Q1 26
$98.0M
Q4 25
$99.0M
$1.7B
Q3 25
$100.0M
$1.0B
Q2 25
$158.0M
$811.9M
Q1 25
$56.0M
$977.3M
Q4 24
$131.0M
$1.5B
Q3 24
$67.0M
$1.1B
Q2 24
$126.0M
$1.4B
Free Cash Flow
GTX
GTX
PFG
PFG
Q1 26
$49.0M
Q4 25
$78.0M
Q3 25
$90.0M
Q2 25
$143.0M
Q1 25
$30.0M
Q4 24
$109.0M
Q3 24
$47.0M
Q2 24
$109.0M
FCF Margin
GTX
GTX
PFG
PFG
Q1 26
5.0%
Q4 25
8.8%
Q3 25
10.0%
Q2 25
15.7%
Q1 25
3.4%
Q4 24
12.9%
Q3 24
5.7%
Q2 24
12.2%
Capex Intensity
GTX
GTX
PFG
PFG
Q1 26
Q4 25
2.4%
Q3 25
1.1%
Q2 25
1.6%
Q1 25
3.0%
Q4 24
2.6%
Q3 24
2.4%
Q2 24
1.9%
Cash Conversion
GTX
GTX
PFG
PFG
Q1 26
1.03×
Q4 25
1.18×
3.37×
Q3 25
1.30×
4.70×
Q2 25
1.82×
2.00×
Q1 25
0.90×
20.32×
Q4 24
1.31×
1.61×
Q3 24
1.29×
Q2 24
1.97×
4.05×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GTX
GTX

Segment breakdown not available.

PFG
PFG

Segment Retirement And Income Solutions$1.6B36%
Segment Benefits And Protection$1.1B23%
Other$582.8M13%
Segment Principal Asset Management$465.6M10%
Subsegment Investment Management$449.4M10%
Administrative Service$152.2M3%
Subsegment International Pension$91.2M2%
Segment Corporate$73.0M2%
Subsegment Life Insurance$26.1M1%
Financial Service Other$25.1M1%
Residential Mortgage$7.4M0%
Subsegment Specialty Benefits$3.7M0%
Deposit Account$3.4M0%
Commission Income$1.8M0%

Related Comparisons