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

Principal Financial Group is the larger business by last-quarter revenue ($750.8M vs $749.8M, roughly 1.0× STEVEN MADDEN, LTD.). STEVEN MADDEN, LTD. runs the higher net margin — 3.3% vs 0.3%, a 3.0% gap on every dollar of revenue. On growth, STEVEN MADDEN, LTD. posted the faster year-over-year revenue change (29.5% vs 4.0%). Over the past eight quarters, STEVEN MADDEN, LTD.'s revenue compounded faster (16.7% 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.

Steven Madden, Ltd. is a publicly traded company that designs and markets shoes and fashion accessories. Based in Long Island City, New York, the company's brands include Dolce Vita, Betsey Johnson, Blondo, BB Dakota and Mad Love. Steve Madden is also a licensee of various brands, including Anne Klein and Superga.

PFG vs SHOO — Head-to-Head

Bigger by revenue
PFG
PFG
1.0× larger
PFG
$750.8M
$749.8M
SHOO
Growing faster (revenue YoY)
SHOO
SHOO
+25.5% gap
SHOO
29.5%
4.0%
PFG
Higher net margin
SHOO
SHOO
3.0% more per $
SHOO
3.3%
0.3%
PFG
Faster 2-yr revenue CAGR
SHOO
SHOO
Annualised
SHOO
16.7%
-58.3%
PFG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PFG
PFG
SHOO
SHOO
Revenue
$750.8M
$749.8M
Net Profit
$1.9M
$24.7M
Gross Margin
42.6%
Operating Margin
4.8%
Net Margin
0.3%
3.3%
Revenue YoY
4.0%
29.5%
Net Profit YoY
783.0%
-34.8%
EPS (diluted)
$0.33

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
SHOO
SHOO
Q1 26
$750.8M
Q4 25
$4.6B
$749.8M
Q3 25
$3.7B
$664.2M
Q2 25
$3.7B
$556.1M
Q1 25
$3.7B
$551.4M
Q4 24
$4.8B
$578.8M
Q3 24
$3.0B
$621.2M
Q2 24
$4.3B
$521.7M
Net Profit
PFG
PFG
SHOO
SHOO
Q1 26
$1.9M
Q4 25
$517.0M
$24.7M
Q3 25
$213.8M
$20.5M
Q2 25
$406.2M
$-38.7M
Q1 25
$48.1M
$41.3M
Q4 24
$905.4M
$37.8M
Q3 24
$-220.0M
$55.3M
Q2 24
$353.1M
$36.9M
Gross Margin
PFG
PFG
SHOO
SHOO
Q1 26
Q4 25
42.6%
Q3 25
41.8%
Q2 25
40.6%
Q1 25
41.0%
Q4 24
40.7%
Q3 24
41.8%
Q2 24
41.6%
Operating Margin
PFG
PFG
SHOO
SHOO
Q1 26
Q4 25
4.8%
Q3 25
4.7%
Q2 25
-7.2%
Q1 25
9.7%
Q4 24
8.1%
Q3 24
12.0%
Q2 24
9.0%
Net Margin
PFG
PFG
SHOO
SHOO
Q1 26
0.3%
Q4 25
11.3%
3.3%
Q3 25
5.8%
3.1%
Q2 25
11.1%
-7.0%
Q1 25
1.3%
7.5%
Q4 24
19.1%
6.5%
Q3 24
-7.3%
8.9%
Q2 24
8.2%
7.1%
EPS (diluted)
PFG
PFG
SHOO
SHOO
Q1 26
Q4 25
$2.30
$0.33
Q3 25
$0.95
$0.29
Q2 25
$1.79
$-0.56
Q1 25
$0.21
$0.57
Q4 24
$3.92
$0.49
Q3 24
$-0.95
$0.77
Q2 24
$1.49
$0.49

Balance Sheet & Financial Strength

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

Metric
PFG
PFG
SHOO
SHOO
Cash + ST InvestmentsLiquidity on hand
$112.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$866.4M
Total Assets
$1.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PFG
PFG
SHOO
SHOO
Q1 26
Q4 25
$4.4B
$112.4M
Q3 25
$5.1B
$140.0K
Q2 25
$3.7B
$111.9M
Q1 25
$3.9B
$147.2M
Q4 24
$4.2B
$203.4M
Q3 24
$6.2B
$11.1M
Q2 24
$4.8B
$192.2M
Total Debt
PFG
PFG
SHOO
SHOO
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
SHOO
SHOO
Q1 26
Q4 25
$11.9B
$866.4M
Q3 25
$11.7B
$850.8M
Q2 25
$11.4B
$833.2M
Q1 25
$11.2B
$875.3M
Q4 24
$11.1B
$847.7M
Q3 24
$11.2B
$833.9M
Q2 24
$11.0B
$808.3M
Total Assets
PFG
PFG
SHOO
SHOO
Q1 26
Q4 25
$341.4B
$1.9B
Q3 25
$334.5B
$2.0B
Q2 25
$323.1B
$1.9B
Q1 25
$313.0B
$1.4B
Q4 24
$313.7B
$1.4B
Q3 24
$322.9B
$1.5B
Q2 24
$308.8B
$1.4B
Debt / Equity
PFG
PFG
SHOO
SHOO
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
SHOO
SHOO
Operating Cash FlowLast quarter
$91.1M
Free Cash FlowOCF − Capex
$80.8M
FCF MarginFCF / Revenue
10.8%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
3.70×
TTM Free Cash FlowTrailing 4 quarters
$119.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PFG
PFG
SHOO
SHOO
Q1 26
Q4 25
$1.7B
$91.1M
Q3 25
$1.0B
$23.4M
Q2 25
$811.9M
$66.5M
Q1 25
$977.3M
$-18.8M
Q4 24
$1.5B
$103.9M
Q3 24
$1.1B
$444.0K
Q2 24
$1.4B
$109.5M
Free Cash Flow
PFG
PFG
SHOO
SHOO
Q1 26
Q4 25
$80.8M
Q3 25
$8.6M
Q2 25
$58.8M
Q1 25
$-28.7M
Q4 24
$94.6M
Q3 24
$-6.9M
Q2 24
$104.2M
FCF Margin
PFG
PFG
SHOO
SHOO
Q1 26
Q4 25
10.8%
Q3 25
1.3%
Q2 25
10.6%
Q1 25
-5.2%
Q4 24
16.3%
Q3 24
-1.1%
Q2 24
20.0%
Capex Intensity
PFG
PFG
SHOO
SHOO
Q1 26
Q4 25
1.4%
Q3 25
2.2%
Q2 25
1.4%
Q1 25
1.8%
Q4 24
1.6%
Q3 24
1.2%
Q2 24
1.0%
Cash Conversion
PFG
PFG
SHOO
SHOO
Q1 26
Q4 25
3.37×
3.70×
Q3 25
4.70×
1.14×
Q2 25
2.00×
Q1 25
20.32×
-0.46×
Q4 24
1.61×
2.75×
Q3 24
0.01×
Q2 24
4.05×
2.96×

Financial Flow Comparison

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

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