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

RH is the larger business by last-quarter revenue ($883.8M vs $750.8M, roughly 1.2× Principal Financial Group). RH runs the higher net margin — 4.1% vs 0.3%, a 3.8% gap on every dollar of revenue. On growth, RH posted the faster year-over-year revenue change (8.9% vs 4.0%). Over the past eight quarters, RH's revenue compounded faster (9.4% CAGR vs -58.3%).

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

RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.

PFG vs RH — Head-to-Head

Bigger by revenue
RH
RH
1.2× larger
RH
$883.8M
$750.8M
PFG
Growing faster (revenue YoY)
RH
RH
+4.9% gap
RH
8.9%
4.0%
PFG
Higher net margin
RH
RH
3.8% more per $
RH
4.1%
0.3%
PFG
Faster 2-yr revenue CAGR
RH
RH
Annualised
RH
9.4%
-58.3%
PFG

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
PFG
PFG
RH
RH
Revenue
$750.8M
$883.8M
Net Profit
$1.9M
$36.3M
Gross Margin
44.1%
Operating Margin
12.0%
Net Margin
0.3%
4.1%
Revenue YoY
4.0%
8.9%
Net Profit YoY
783.0%
9.3%
EPS (diluted)
$1.83

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
RH
RH
Q1 26
$750.8M
Q4 25
$4.6B
$883.8M
Q3 25
$3.7B
$899.2M
Q2 25
$3.7B
$814.0M
Q1 25
$3.7B
$812.4M
Q4 24
$4.8B
$811.7M
Q3 24
$3.0B
$829.7M
Q2 24
$4.3B
$727.0M
Net Profit
PFG
PFG
RH
RH
Q1 26
$1.9M
Q4 25
$517.0M
$36.3M
Q3 25
$213.8M
$51.7M
Q2 25
$406.2M
$8.0M
Q1 25
$48.1M
$13.9M
Q4 24
$905.4M
$33.2M
Q3 24
$-220.0M
$29.0M
Q2 24
$353.1M
$-3.6M
Gross Margin
PFG
PFG
RH
RH
Q1 26
Q4 25
44.1%
Q3 25
45.5%
Q2 25
43.7%
Q1 25
44.7%
Q4 24
44.5%
Q3 24
45.2%
Q2 24
43.5%
Operating Margin
PFG
PFG
RH
RH
Q1 26
Q4 25
12.0%
Q3 25
14.3%
Q2 25
6.9%
Q1 25
8.7%
Q4 24
12.5%
Q3 24
11.6%
Q2 24
7.5%
Net Margin
PFG
PFG
RH
RH
Q1 26
0.3%
Q4 25
11.3%
4.1%
Q3 25
5.8%
5.8%
Q2 25
11.1%
1.0%
Q1 25
1.3%
1.7%
Q4 24
19.1%
4.1%
Q3 24
-7.3%
3.5%
Q2 24
8.2%
-0.5%
EPS (diluted)
PFG
PFG
RH
RH
Q1 26
Q4 25
$2.30
$1.83
Q3 25
$0.95
$2.62
Q2 25
$1.79
$0.40
Q1 25
$0.21
$0.71
Q4 24
$3.92
$1.66
Q3 24
$-0.95
$1.45
Q2 24
$1.49
$-0.20

Balance Sheet & Financial Strength

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

Metric
PFG
PFG
RH
RH
Cash + ST InvestmentsLiquidity on hand
$43.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.3M
Total Assets
$4.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PFG
PFG
RH
RH
Q1 26
Q4 25
$4.4B
$43.1M
Q3 25
$5.1B
$34.6M
Q2 25
$3.7B
$46.1M
Q1 25
$3.9B
$30.4M
Q4 24
$4.2B
$87.0M
Q3 24
$6.2B
$78.3M
Q2 24
$4.8B
$101.8M
Total Debt
PFG
PFG
RH
RH
Q1 26
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
PFG
PFG
RH
RH
Q1 26
Q4 25
$11.9B
$3.3M
Q3 25
$11.7B
$-40.9M
Q2 25
$11.4B
$-110.8M
Q1 25
$11.2B
$-163.6M
Q4 24
$11.1B
$-183.0M
Q3 24
$11.2B
$-234.7M
Q2 24
$11.0B
$-289.9M
Total Assets
PFG
PFG
RH
RH
Q1 26
Q4 25
$341.4B
$4.8B
Q3 25
$334.5B
$4.7B
Q2 25
$323.1B
$4.7B
Q1 25
$313.0B
$4.6B
Q4 24
$313.7B
$4.5B
Q3 24
$322.9B
$4.4B
Q2 24
$308.8B
$4.2B
Debt / Equity
PFG
PFG
RH
RH
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
PFG
PFG
RH
RH
Operating Cash FlowLast quarter
$131.9M
Free Cash FlowOCF − Capex
$83.0M
FCF MarginFCF / Revenue
9.4%
Capex IntensityCapex / Revenue
5.5%
Cash ConversionOCF / Net Profit
3.64×
TTM Free Cash FlowTrailing 4 quarters
$128.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PFG
PFG
RH
RH
Q1 26
Q4 25
$1.7B
$131.9M
Q3 25
$1.0B
$137.7M
Q2 25
$811.9M
$86.6M
Q1 25
$977.3M
$-18.8M
Q4 24
$1.5B
$-31.4M
Q3 24
$1.1B
$11.2M
Q2 24
$1.4B
$56.1M
Free Cash Flow
PFG
PFG
RH
RH
Q1 26
Q4 25
$83.0M
Q3 25
$80.7M
Q2 25
$34.1M
Q1 25
$-69.7M
Q4 24
$-96.0M
Q3 24
$-37.9M
Q2 24
$-10.1M
FCF Margin
PFG
PFG
RH
RH
Q1 26
Q4 25
9.4%
Q3 25
9.0%
Q2 25
4.2%
Q1 25
-8.6%
Q4 24
-11.8%
Q3 24
-4.6%
Q2 24
-1.4%
Capex Intensity
PFG
PFG
RH
RH
Q1 26
Q4 25
5.5%
Q3 25
6.3%
Q2 25
6.5%
Q1 25
6.3%
Q4 24
8.0%
Q3 24
5.9%
Q2 24
9.1%
Cash Conversion
PFG
PFG
RH
RH
Q1 26
Q4 25
3.37×
3.64×
Q3 25
4.70×
2.66×
Q2 25
2.00×
10.78×
Q1 25
20.32×
-1.35×
Q4 24
1.61×
-0.95×
Q3 24
0.39×
Q2 24
4.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PFG
PFG

Segment breakdown not available.

RH
RH

RH Segment$835.8M95%
Waterworks Segment$48.0M5%
Gift Card And Merchandise Credit$4.5M1%

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