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

Principal Financial Group is the larger business by last-quarter revenue ($4.6B vs $3.9B, roughly 1.2× SOUTHERN COPPER CORP). SOUTHERN COPPER CORP runs the higher net margin — 33.9% vs 11.3%, a 22.6% gap on every dollar of revenue. On growth, SOUTHERN COPPER CORP posted the faster year-over-year revenue change (39.0% vs -3.7%). Over the past eight quarters, SOUTHERN COPPER CORP's revenue compounded faster (22.0% CAGR vs 6.3%).

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

Southern Copper Corporation, organized in Delaware and headquartered in Phoenix, Arizona, owns copper mines, smelters, and refineries in Peru and Mexico, including the Cuajone mine, the Toquepala mine, and the Tia Maria mine in Peru and the Buenavista mine and the La Caridad Mine in Mexico. In 2024, the company mined 2.1 billion pounds of copper, 21 million ounces of silver, 64 million pounds of molybdenum, and 286 million pounds of zinc.

PFG vs SCCO — Head-to-Head

Bigger by revenue
PFG
PFG
1.2× larger
PFG
$4.6B
$3.9B
SCCO
Growing faster (revenue YoY)
SCCO
SCCO
+42.7% gap
SCCO
39.0%
-3.7%
PFG
Higher net margin
SCCO
SCCO
22.6% more per $
SCCO
33.9%
11.3%
PFG
Faster 2-yr revenue CAGR
SCCO
SCCO
Annualised
SCCO
22.0%
6.3%
PFG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PFG
PFG
SCCO
SCCO
Revenue
$4.6B
$3.9B
Net Profit
$517.0M
$1.3B
Gross Margin
62.0%
Operating Margin
54.5%
Net Margin
11.3%
33.9%
Revenue YoY
-3.7%
39.0%
Net Profit YoY
-42.9%
64.7%
EPS (diluted)
$2.30
$1.49

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
SCCO
SCCO
Q4 25
$4.6B
$3.9B
Q3 25
$3.7B
$3.4B
Q2 25
$3.7B
$3.1B
Q1 25
$3.7B
$3.1B
Q4 24
$4.8B
$2.8B
Q3 24
$3.0B
$2.9B
Q2 24
$4.3B
$3.1B
Q1 24
$4.1B
$2.6B
Net Profit
PFG
PFG
SCCO
SCCO
Q4 25
$517.0M
$1.3B
Q3 25
$213.8M
$1.1B
Q2 25
$406.2M
$976.7M
Q1 25
$48.1M
$949.1M
Q4 24
$905.4M
$796.2M
Q3 24
$-220.0M
$899.8M
Q2 24
$353.1M
$953.8M
Q1 24
$532.5M
$738.8M
Gross Margin
PFG
PFG
SCCO
SCCO
Q4 25
62.0%
Q3 25
59.8%
Q2 25
60.3%
Q1 25
57.7%
Q4 24
56.5%
Q3 24
58.3%
Q2 24
59.9%
Q1 24
55.5%
Operating Margin
PFG
PFG
SCCO
SCCO
Q4 25
54.5%
Q3 25
52.4%
Q2 25
52.0%
Q1 25
49.2%
Q4 24
47.0%
Q3 24
49.5%
Q2 24
51.5%
Q1 24
45.8%
Net Margin
PFG
PFG
SCCO
SCCO
Q4 25
11.3%
33.9%
Q3 25
5.8%
32.9%
Q2 25
11.1%
32.0%
Q1 25
1.3%
30.4%
Q4 24
19.1%
28.6%
Q3 24
-7.3%
30.7%
Q2 24
8.2%
30.6%
Q1 24
13.1%
28.4%
EPS (diluted)
PFG
PFG
SCCO
SCCO
Q4 25
$2.30
$1.49
Q3 25
$0.95
$1.35
Q2 25
$1.79
$1.21
Q1 25
$0.21
$1.19
Q4 24
$3.92
$1.02
Q3 24
$-0.95
$1.15
Q2 24
$1.49
$1.22
Q1 24
$2.22
$0.95

Balance Sheet & Financial Strength

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

Metric
PFG
PFG
SCCO
SCCO
Cash + ST InvestmentsLiquidity on hand
$4.4B
$4.9B
Total DebtLower is stronger
$3.9B
$6.8B
Stockholders' EquityBook value
$11.9B
$11.0B
Total Assets
$341.4B
$21.4B
Debt / EquityLower = less leverage
0.33×
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PFG
PFG
SCCO
SCCO
Q4 25
$4.4B
$4.9B
Q3 25
$5.1B
$4.5B
Q2 25
$3.7B
$4.0B
Q1 25
$3.9B
$4.3B
Q4 24
$4.2B
$3.5B
Q3 24
$6.2B
$3.0B
Q2 24
$4.8B
$2.2B
Q1 24
$4.2B
$1.6B
Total Debt
PFG
PFG
SCCO
SCCO
Q4 25
$3.9B
$6.8B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$4.3B
Q4 24
$4.0B
$6.3B
Q3 24
$3.9B
Q2 24
$3.9B
$6.3B
Q1 24
$3.9B
$6.3B
Stockholders' Equity
PFG
PFG
SCCO
SCCO
Q4 25
$11.9B
$11.0B
Q3 25
$11.7B
$10.4B
Q2 25
$11.4B
$10.0B
Q1 25
$11.2B
$9.6B
Q4 24
$11.1B
$9.2B
Q3 24
$11.2B
$8.9B
Q2 24
$11.0B
$8.5B
Q1 24
$11.2B
$7.5B
Total Assets
PFG
PFG
SCCO
SCCO
Q4 25
$341.4B
$21.4B
Q3 25
$334.5B
$20.3B
Q2 25
$323.1B
$19.6B
Q1 25
$313.0B
$19.8B
Q4 24
$313.7B
$18.7B
Q3 24
$322.9B
$18.4B
Q2 24
$308.8B
$17.8B
Q1 24
$308.7B
$16.8B
Debt / Equity
PFG
PFG
SCCO
SCCO
Q4 25
0.33×
0.61×
Q3 25
0.34×
Q2 25
0.34×
Q1 25
0.39×
Q4 24
0.36×
0.68×
Q3 24
0.35×
Q2 24
0.36×
0.74×
Q1 24
0.35×
0.83×

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
SCCO
SCCO
Operating Cash FlowLast quarter
$1.7B
$1.5B
Free Cash FlowOCF − Capex
$1.1B
FCF MarginFCF / Revenue
27.7%
Capex IntensityCapex / Revenue
10.9%
Cash ConversionOCF / Net Profit
3.37×
1.14×
TTM Free Cash FlowTrailing 4 quarters
$3.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PFG
PFG
SCCO
SCCO
Q4 25
$1.7B
$1.5B
Q3 25
$1.0B
$1.6B
Q2 25
$811.9M
$976.8M
Q1 25
$977.3M
$721.4M
Q4 24
$1.5B
$1.4B
Q3 24
$1.1B
$1.4B
Q2 24
$1.4B
$962.1M
Q1 24
$584.2M
$659.7M
Free Cash Flow
PFG
PFG
SCCO
SCCO
Q4 25
$1.1B
Q3 25
$1.2B
Q2 25
$741.1M
Q1 25
$403.6M
Q4 24
$1.1B
Q3 24
$1.2B
Q2 24
$630.3M
Q1 24
$445.9M
FCF Margin
PFG
PFG
SCCO
SCCO
Q4 25
27.7%
Q3 25
35.8%
Q2 25
24.3%
Q1 25
12.9%
Q4 24
40.4%
Q3 24
40.7%
Q2 24
20.2%
Q1 24
17.2%
Capex Intensity
PFG
PFG
SCCO
SCCO
Q4 25
10.9%
Q3 25
10.3%
Q2 25
7.7%
Q1 25
10.2%
Q4 24
8.5%
Q3 24
8.4%
Q2 24
10.6%
Q1 24
8.2%
Cash Conversion
PFG
PFG
SCCO
SCCO
Q4 25
3.37×
1.14×
Q3 25
4.70×
1.40×
Q2 25
2.00×
1.00×
Q1 25
20.32×
0.76×
Q4 24
1.61×
1.71×
Q3 24
1.60×
Q2 24
4.05×
1.01×
Q1 24
1.10×
0.89×

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%

SCCO
SCCO

Other$1.3B32%
MX$726.4M19%
CH$560.4M14%
PE$218.8M6%
Silver$201.1M5%
BR$157.9M4%
CL$149.0M4%
Molybdenum$143.3M4%
ES$130.8M3%
Mexican IMMSA Unit$129.8M3%
IT$107.1M3%
Zinc$88.8M2%

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