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Side-by-side financial comparison of Principal Financial Group (PFG) and Stryker Corporation (SYK). Click either name above to swap in a different company.
Stryker Corporation is the larger business by last-quarter revenue ($7.2B vs $4.6B, roughly 1.6× Principal Financial Group). Stryker Corporation runs the higher net margin — 11.8% vs 11.3%, a 0.5% gap on every dollar of revenue. On growth, Stryker Corporation posted the faster year-over-year revenue change (11.4% vs -3.7%). Over the past eight quarters, Stryker Corporation's revenue compounded faster (16.9% CAGR vs 6.3%).
Principal Financial GroupPFGEarnings & Financial Report
Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.
The Stryker is a family of eight-wheeled armored fighting vehicles derived from the Canadian LAV III, which in turn derived from the Swiss Mowag Piranha. Stryker vehicles are produced by General Dynamics Land Systems-Canada (GDLS-C) for the United States Army in a plant in London, Ontario. It has four-wheel drive (8×4) and can be switched to all-wheel drive (8×8).
PFG vs SYK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.6B | $7.2B |
| Net Profit | $517.0M | $849.0M |
| Gross Margin | — | 64.5% |
| Operating Margin | — | 25.2% |
| Net Margin | 11.3% | 11.8% |
| Revenue YoY | -3.7% | 11.4% |
| Net Profit YoY | -42.9% | 55.5% |
| EPS (diluted) | $2.30 | $2.20 |
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.
| Q4 25 | $4.6B | $7.2B | ||
| Q3 25 | $3.7B | $6.1B | ||
| Q2 25 | $3.7B | $6.0B | ||
| Q1 25 | $3.7B | $5.9B | ||
| Q4 24 | $4.8B | $6.4B | ||
| Q3 24 | $3.0B | $5.5B | ||
| Q2 24 | $4.3B | $5.4B | ||
| Q1 24 | $4.1B | $5.2B |
| Q4 25 | $517.0M | $849.0M | ||
| Q3 25 | $213.8M | $859.0M | ||
| Q2 25 | $406.2M | $884.0M | ||
| Q1 25 | $48.1M | $654.0M | ||
| Q4 24 | $905.4M | $546.0M | ||
| Q3 24 | $-220.0M | $834.0M | ||
| Q2 24 | $353.1M | $825.0M | ||
| Q1 24 | $532.5M | $788.0M |
| Q4 25 | — | 64.5% | ||
| Q3 25 | — | 63.6% | ||
| Q2 25 | — | 63.8% | ||
| Q1 25 | — | 63.8% | ||
| Q4 24 | — | 64.9% | ||
| Q3 24 | — | 64.0% | ||
| Q2 24 | — | 63.0% | ||
| Q1 24 | — | 63.6% |
| Q4 25 | — | 25.2% | ||
| Q3 25 | — | 18.7% | ||
| Q2 25 | — | 18.5% | ||
| Q1 25 | — | 14.3% | ||
| Q4 24 | — | 9.0% | ||
| Q3 24 | — | 19.7% | ||
| Q2 24 | — | 19.4% | ||
| Q1 24 | — | 18.5% |
| Q4 25 | 11.3% | 11.8% | ||
| Q3 25 | 5.8% | 14.2% | ||
| Q2 25 | 11.1% | 14.7% | ||
| Q1 25 | 1.3% | 11.1% | ||
| Q4 24 | 19.1% | 8.5% | ||
| Q3 24 | -7.3% | 15.2% | ||
| Q2 24 | 8.2% | 15.2% | ||
| Q1 24 | 13.1% | 15.0% |
| Q4 25 | $2.30 | $2.20 | ||
| Q3 25 | $0.95 | $2.22 | ||
| Q2 25 | $1.79 | $2.29 | ||
| Q1 25 | $0.21 | $1.69 | ||
| Q4 24 | $3.92 | $1.41 | ||
| Q3 24 | $-0.95 | $2.16 | ||
| Q2 24 | $1.49 | $2.14 | ||
| Q1 24 | $2.22 | $2.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.4B | $4.0B |
| Total DebtLower is stronger | $3.9B | — |
| Stockholders' EquityBook value | $11.9B | $22.4B |
| Total Assets | $341.4B | $47.8B |
| Debt / EquityLower = less leverage | 0.33× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.4B | $4.0B | ||
| Q3 25 | $5.1B | $3.3B | ||
| Q2 25 | $3.7B | $2.4B | ||
| Q1 25 | $3.9B | $2.3B | ||
| Q4 24 | $4.2B | $3.7B | ||
| Q3 24 | $6.2B | $3.9B | ||
| Q2 24 | $4.8B | $1.9B | ||
| Q1 24 | $4.2B | $2.3B |
| 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 | — |
| Q4 25 | $11.9B | $22.4B | ||
| Q3 25 | $11.7B | $21.8B | ||
| Q2 25 | $11.4B | $21.2B | ||
| Q1 25 | $11.2B | $20.9B | ||
| Q4 24 | $11.1B | $20.6B | ||
| Q3 24 | $11.2B | $20.1B | ||
| Q2 24 | $11.0B | $19.8B | ||
| Q1 24 | $11.2B | $19.2B |
| Q4 25 | $341.4B | $47.8B | ||
| Q3 25 | $334.5B | $47.1B | ||
| Q2 25 | $323.1B | $46.3B | ||
| Q1 25 | $313.0B | $46.0B | ||
| Q4 24 | $313.7B | $43.0B | ||
| Q3 24 | $322.9B | $43.8B | ||
| Q2 24 | $308.8B | $39.1B | ||
| Q1 24 | $308.7B | $39.4B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.7B | $2.1B |
| Free Cash FlowOCF − Capex | — | $1.9B |
| FCF MarginFCF / Revenue | — | 26.1% |
| Capex IntensityCapex / Revenue | — | 3.7% |
| Cash ConversionOCF / Net Profit | 3.37× | 2.52× |
| TTM Free Cash FlowTrailing 4 quarters | — | $4.3B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | $2.1B | ||
| Q3 25 | $1.0B | $1.5B | ||
| Q2 25 | $811.9M | $1.1B | ||
| Q1 25 | $977.3M | $250.0M | ||
| Q4 24 | $1.5B | $1.9B | ||
| Q3 24 | $1.1B | $1.5B | ||
| Q2 24 | $1.4B | $633.0M | ||
| Q1 24 | $584.2M | $204.0M |
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $928.0M | ||
| Q1 25 | — | $127.0M | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $481.0M | ||
| Q1 24 | — | $37.0M |
| Q4 25 | — | 26.1% | ||
| Q3 25 | — | 22.3% | ||
| Q2 25 | — | 15.4% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 25.9% | ||
| Q3 24 | — | 23.7% | ||
| Q2 24 | — | 8.9% | ||
| Q1 24 | — | 0.7% |
| Q4 25 | — | 3.7% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 4.1% | ||
| Q3 24 | — | 3.1% | ||
| Q2 24 | — | 2.8% | ||
| Q1 24 | — | 3.2% |
| Q4 25 | 3.37× | 2.52× | ||
| Q3 25 | 4.70× | 1.79× | ||
| Q2 25 | 2.00× | 1.26× | ||
| Q1 25 | 20.32× | 0.38× | ||
| Q4 24 | 1.61× | 3.54× | ||
| Q3 24 | — | 1.77× | ||
| Q2 24 | 4.05× | 0.77× | ||
| Q1 24 | 1.10× | 0.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PFG
| Segment Retirement And Income Solutions | $1.6B | 36% |
| Segment Benefits And Protection | $1.1B | 23% |
| Other | $582.8M | 13% |
| Segment Principal Asset Management | $465.6M | 10% |
| Subsegment Investment Management | $449.4M | 10% |
| Administrative Service | $152.2M | 3% |
| Subsegment International Pension | $91.2M | 2% |
| Segment Corporate | $73.0M | 2% |
| Subsegment Life Insurance | $26.1M | 1% |
| Financial Service Other | $25.1M | 1% |
| Residential Mortgage | $7.4M | 0% |
| Subsegment Specialty Benefits | $3.7M | 0% |
| Deposit Account | $3.4M | 0% |
| Commission Income | $1.8M | 0% |
SYK
| Medical | $1.3B | 18% |
| Endoscopy | $1.1B | 16% |
| Traumaand Extremities | $1.1B | 15% |
| Instruments | $925.0M | 13% |
| Knees | $749.0M | 10% |
| Neuro Cranial | $669.0M | 9% |
| Neurovascular | $539.0M | 8% |
| Hips | $499.0M | 7% |
| Other Orthopaedics | $267.0M | 4% |
| Spine | $8.0M | 0% |
