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

SharkNinja, Inc. is the larger business by last-quarter revenue ($5.5B vs $4.6B, roughly 1.2× Principal Financial Group). On growth, SharkNinja, Inc. posted the faster year-over-year revenue change (30.0% vs -3.7%).

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

SharkNinja is a global product design and technology company based in Needham, Massachusetts. Founded in 1994 by Mark Rosenzweig and led by CEO Mark Barrocas, who joined the company in 2008 as president. The company's name is formed by combining its two primary brands: Shark and Ninja.

PFG vs SN — Head-to-Head

Bigger by revenue
SN
SN
1.2× larger
SN
$5.5B
$4.6B
PFG
Growing faster (revenue YoY)
SN
SN
+33.7% gap
SN
30.0%
-3.7%
PFG

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
PFG
PFG
SN
SN
Revenue
$4.6B
$5.5B
Net Profit
$517.0M
Gross Margin
48.1%
Operating Margin
11.7%
Net Margin
11.3%
Revenue YoY
-3.7%
30.0%
Net Profit YoY
-42.9%
EPS (diluted)
$2.30
$3.11

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
SN
SN
Q4 25
$4.6B
Q3 25
$3.7B
Q2 25
$3.7B
Q1 25
$3.7B
Q4 24
$4.8B
$5.5B
Q3 24
$3.0B
Q2 24
$4.3B
Q1 24
$4.1B
Net Profit
PFG
PFG
SN
SN
Q4 25
$517.0M
Q3 25
$213.8M
Q2 25
$406.2M
Q1 25
$48.1M
Q4 24
$905.4M
Q3 24
$-220.0M
Q2 24
$353.1M
Q1 24
$532.5M
Gross Margin
PFG
PFG
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
48.1%
Q3 24
Q2 24
Q1 24
Operating Margin
PFG
PFG
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
11.7%
Q3 24
Q2 24
Q1 24
Net Margin
PFG
PFG
SN
SN
Q4 25
11.3%
Q3 25
5.8%
Q2 25
11.1%
Q1 25
1.3%
Q4 24
19.1%
Q3 24
-7.3%
Q2 24
8.2%
Q1 24
13.1%
EPS (diluted)
PFG
PFG
SN
SN
Q4 25
$2.30
Q3 25
$0.95
Q2 25
$1.79
Q1 25
$0.21
Q4 24
$3.92
$3.11
Q3 24
$-0.95
Q2 24
$1.49
Q1 24
$2.22

Balance Sheet & Financial Strength

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

Metric
PFG
PFG
SN
SN
Cash + ST InvestmentsLiquidity on hand
$4.4B
$363.7M
Total DebtLower is stronger
$3.9B
Stockholders' EquityBook value
$11.9B
$1.9B
Total Assets
$341.4B
$4.4B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PFG
PFG
SN
SN
Q4 25
$4.4B
Q3 25
$5.1B
Q2 25
$3.7B
Q1 25
$3.9B
Q4 24
$4.2B
$363.7M
Q3 24
$6.2B
Q2 24
$4.8B
Q1 24
$4.2B
Total Debt
PFG
PFG
SN
SN
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
Q1 24
$3.9B
Stockholders' Equity
PFG
PFG
SN
SN
Q4 25
$11.9B
Q3 25
$11.7B
Q2 25
$11.4B
Q1 25
$11.2B
Q4 24
$11.1B
$1.9B
Q3 24
$11.2B
Q2 24
$11.0B
Q1 24
$11.2B
Total Assets
PFG
PFG
SN
SN
Q4 25
$341.4B
Q3 25
$334.5B
Q2 25
$323.1B
Q1 25
$313.0B
Q4 24
$313.7B
$4.4B
Q3 24
$322.9B
Q2 24
$308.8B
Q1 24
$308.7B
Debt / Equity
PFG
PFG
SN
SN
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×
Q1 24
0.35×

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
SN
SN
Operating Cash FlowLast quarter
$1.7B
$446.6M
Free Cash FlowOCF − Capex
$308.9M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
3.37×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PFG
PFG
SN
SN
Q4 25
$1.7B
Q3 25
$1.0B
Q2 25
$811.9M
Q1 25
$977.3M
Q4 24
$1.5B
$446.6M
Q3 24
$1.1B
Q2 24
$1.4B
Q1 24
$584.2M
Free Cash Flow
PFG
PFG
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$308.9M
Q3 24
Q2 24
Q1 24
FCF Margin
PFG
PFG
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
5.6%
Q3 24
Q2 24
Q1 24
Capex Intensity
PFG
PFG
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
2.5%
Q3 24
Q2 24
Q1 24
Cash Conversion
PFG
PFG
SN
SN
Q4 25
3.37×
Q3 25
4.70×
Q2 25
2.00×
Q1 25
20.32×
Q4 24
1.61×
Q3 24
Q2 24
4.05×
Q1 24
1.10×

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%

SN
SN

Segment breakdown not available.

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