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Side-by-side financial comparison of Principal Financial Group (PFG) and Parker Hannifin (PH). Click either name above to swap in a different company.

Parker Hannifin is the larger business by last-quarter revenue ($5.2B vs $4.6B, roughly 1.1× Principal Financial Group). On growth, Parker Hannifin posted the faster year-over-year revenue change (9.1% vs -3.7%). Over the past eight quarters, Principal Financial Group's revenue compounded faster (6.3% CAGR vs 1.0%).

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

Parker-Hannifin Corporation, originally Parker Appliance Company, usually referred to as just Parker, is an American corporation specializing in motion and control technologies. Its corporate headquarters are in Mayfield Heights, Ohio, in Greater Cleveland.

PFG vs PH — Head-to-Head

Bigger by revenue
PH
PH
1.1× larger
PH
$5.2B
$4.6B
PFG
Growing faster (revenue YoY)
PH
PH
+12.8% gap
PH
9.1%
-3.7%
PFG
Faster 2-yr revenue CAGR
PFG
PFG
Annualised
PFG
6.3%
1.0%
PH

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
PFG
PFG
PH
PH
Revenue
$4.6B
$5.2B
Net Profit
$517.0M
Gross Margin
37.3%
Operating Margin
22.8%
Net Margin
11.3%
Revenue YoY
-3.7%
9.1%
Net Profit YoY
-42.9%
EPS (diluted)
$2.30
$6.60

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
PFG
PFG
PH
PH
Q4 25
$4.6B
$5.2B
Q3 25
$3.7B
$5.1B
Q2 25
$3.7B
$5.2B
Q1 25
$3.7B
$5.0B
Q4 24
$4.8B
$4.7B
Q3 24
$3.0B
$4.9B
Q2 24
$4.3B
$5.2B
Q1 24
$4.1B
$5.1B
Net Profit
PFG
PFG
PH
PH
Q4 25
$517.0M
Q3 25
$213.8M
Q2 25
$406.2M
$923.6M
Q1 25
$48.1M
$961.2M
Q4 24
$905.4M
$948.6M
Q3 24
$-220.0M
$698.5M
Q2 24
$353.1M
$785.1M
Q1 24
$532.5M
$726.7M
Gross Margin
PFG
PFG
PH
PH
Q4 25
37.3%
Q3 25
37.5%
Q2 25
37.3%
Q1 25
36.9%
Q4 24
36.3%
Q3 24
36.8%
Q2 24
35.9%
Q1 24
35.4%
Operating Margin
PFG
PFG
PH
PH
Q4 25
22.8%
Q3 25
23.3%
Q2 25
22.7%
Q1 25
22.3%
Q4 24
20.9%
Q3 24
21.6%
Q2 24
21.1%
Q1 24
20.4%
Net Margin
PFG
PFG
PH
PH
Q4 25
11.3%
Q3 25
5.8%
Q2 25
11.1%
17.6%
Q1 25
1.3%
19.4%
Q4 24
19.1%
20.0%
Q3 24
-7.3%
14.2%
Q2 24
8.2%
15.1%
Q1 24
13.1%
14.3%
EPS (diluted)
PFG
PFG
PH
PH
Q4 25
$2.30
$6.60
Q3 25
$0.95
$6.29
Q2 25
$1.79
$7.16
Q1 25
$0.21
$7.37
Q4 24
$3.92
$7.25
Q3 24
$-0.95
$5.34
Q2 24
$1.49
$6.06
Q1 24
$2.22
$5.56

Balance Sheet & Financial Strength

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

Metric
PFG
PFG
PH
PH
Cash + ST InvestmentsLiquidity on hand
$4.4B
$427.0M
Total DebtLower is stronger
$3.9B
$7.5B
Stockholders' EquityBook value
$11.9B
$14.3B
Total Assets
$341.4B
$30.5B
Debt / EquityLower = less leverage
0.33×
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PFG
PFG
PH
PH
Q4 25
$4.4B
$427.0M
Q3 25
$5.1B
$473.0M
Q2 25
$3.7B
$467.0M
Q1 25
$3.9B
$408.7M
Q4 24
$4.2B
$395.5M
Q3 24
$6.2B
$371.1M
Q2 24
$4.8B
$422.0M
Q1 24
$4.2B
$415.5M
Total Debt
PFG
PFG
PH
PH
Q4 25
$3.9B
$7.5B
Q3 25
$3.9B
$7.5B
Q2 25
$3.9B
$7.5B
Q1 25
$4.3B
$7.4B
Q4 24
$4.0B
$6.7B
Q3 24
$3.9B
$6.7B
Q2 24
$3.9B
$7.2B
Q1 24
$3.9B
$7.3B
Stockholders' Equity
PFG
PFG
PH
PH
Q4 25
$11.9B
$14.3B
Q3 25
$11.7B
$13.8B
Q2 25
$11.4B
$13.7B
Q1 25
$11.2B
$13.4B
Q4 24
$11.1B
$13.1B
Q3 24
$11.2B
$12.9B
Q2 24
$11.0B
$12.1B
Q1 24
$11.2B
$11.6B
Total Assets
PFG
PFG
PH
PH
Q4 25
$341.4B
$30.5B
Q3 25
$334.5B
$30.7B
Q2 25
$323.1B
$29.5B
Q1 25
$313.0B
$28.9B
Q4 24
$313.7B
$28.3B
Q3 24
$322.9B
$29.6B
Q2 24
$308.8B
$29.3B
Q1 24
$308.7B
$29.6B
Debt / Equity
PFG
PFG
PH
PH
Q4 25
0.33×
0.52×
Q3 25
0.34×
0.54×
Q2 25
0.34×
0.55×
Q1 25
0.39×
0.55×
Q4 24
0.36×
0.51×
Q3 24
0.35×
0.52×
Q2 24
0.36×
0.59×
Q1 24
0.35×
0.63×

Cash Flow & Capital Efficiency

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

Metric
PFG
PFG
PH
PH
Operating Cash FlowLast quarter
$1.7B
$862.0M
Free Cash FlowOCF − Capex
$768.0M
FCF MarginFCF / Revenue
14.8%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
3.37×
TTM Free Cash FlowTrailing 4 quarters
$3.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PFG
PFG
PH
PH
Q4 25
$1.7B
$862.0M
Q3 25
$1.0B
$782.0M
Q2 25
$811.9M
$1.5B
Q1 25
$977.3M
$630.0M
Q4 24
$1.5B
$934.8M
Q3 24
$1.1B
$744.0M
Q2 24
$1.4B
$1.2B
Q1 24
$584.2M
$795.1M
Free Cash Flow
PFG
PFG
PH
PH
Q4 25
$768.0M
Q3 25
$693.0M
Q2 25
$1.3B
Q1 25
$542.4M
Q4 24
$813.6M
Q3 24
$648.7M
Q2 24
$1.1B
Q1 24
$715.9M
FCF Margin
PFG
PFG
PH
PH
Q4 25
14.8%
Q3 25
13.6%
Q2 25
25.5%
Q1 25
10.9%
Q4 24
17.2%
Q3 24
13.2%
Q2 24
21.6%
Q1 24
14.1%
Capex Intensity
PFG
PFG
PH
PH
Q4 25
1.8%
Q3 25
1.8%
Q2 25
2.5%
Q1 25
1.8%
Q4 24
2.6%
Q3 24
1.9%
Q2 24
2.3%
Q1 24
1.6%
Cash Conversion
PFG
PFG
PH
PH
Q4 25
3.37×
Q3 25
4.70×
Q2 25
2.00×
1.59×
Q1 25
20.32×
0.66×
Q4 24
1.61×
0.99×
Q3 24
1.07×
Q2 24
4.05×
1.58×
Q1 24
1.10×
1.09×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

PH
PH

Filtration And Engineered Materials$1.5B28%
Other$1.1B22%
Motion Systems$893.0M17%
Commercial Aftermarket$619.0M12%
Commercial Original Equipment Manufacturer$561.0M11%
Defense Original Equipment Manufacturer$305.0M6%
Defense Aftermarket$221.0M4%

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