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

TORO CO is the larger business by last-quarter revenue ($1.1B vs $750.8M, roughly 1.5× Principal Financial Group). TORO CO runs the higher net margin — 4.7% vs 0.3%, a 4.5% gap on every dollar of revenue. On growth, Principal Financial Group posted the faster year-over-year revenue change (4.0% vs -2.2%). Over the past eight quarters, TORO CO's revenue compounded faster (-8.1% 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.

The Toro Company is an American company based in the Minneapolis suburb of Bloomington, Minnesota, that designs, manufactures, and markets lawn mowers, snow blowers, and irrigation system supplies for commercial and residential, agricultural, and public sector uses.

PFG vs TTC — Head-to-Head

Bigger by revenue
TTC
TTC
1.5× larger
TTC
$1.1B
$750.8M
PFG
Growing faster (revenue YoY)
PFG
PFG
+6.2% gap
PFG
4.0%
-2.2%
TTC
Higher net margin
TTC
TTC
4.5% more per $
TTC
4.7%
0.3%
PFG
Faster 2-yr revenue CAGR
TTC
TTC
Annualised
TTC
-8.1%
-58.3%
PFG

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
PFG
PFG
TTC
TTC
Revenue
$750.8M
$1.1B
Net Profit
$1.9M
$53.5M
Gross Margin
33.7%
Operating Margin
5.7%
Net Margin
0.3%
4.7%
Revenue YoY
4.0%
-2.2%
Net Profit YoY
783.0%
-55.2%
EPS (diluted)
$0.54

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
TTC
TTC
Q1 26
$750.8M
Q4 25
$4.6B
Q3 25
$3.7B
$1.1B
Q2 25
$3.7B
$1.3B
Q1 25
$3.7B
$995.0M
Q4 24
$4.8B
Q3 24
$3.0B
$1.2B
Q2 24
$4.3B
$1.3B
Net Profit
PFG
PFG
TTC
TTC
Q1 26
$1.9M
Q4 25
$517.0M
Q3 25
$213.8M
$53.5M
Q2 25
$406.2M
$136.8M
Q1 25
$48.1M
$52.8M
Q4 24
$905.4M
Q3 24
$-220.0M
$119.3M
Q2 24
$353.1M
$144.8M
Gross Margin
PFG
PFG
TTC
TTC
Q1 26
Q4 25
Q3 25
33.7%
Q2 25
33.1%
Q1 25
33.7%
Q4 24
Q3 24
34.8%
Q2 24
33.6%
Operating Margin
PFG
PFG
TTC
TTC
Q1 26
Q4 25
Q3 25
5.7%
Q2 25
13.3%
Q1 25
7.8%
Q4 24
Q3 24
12.8%
Q2 24
13.9%
Net Margin
PFG
PFG
TTC
TTC
Q1 26
0.3%
Q4 25
11.3%
Q3 25
5.8%
4.7%
Q2 25
11.1%
10.4%
Q1 25
1.3%
5.3%
Q4 24
19.1%
Q3 24
-7.3%
10.3%
Q2 24
8.2%
10.7%
EPS (diluted)
PFG
PFG
TTC
TTC
Q1 26
Q4 25
$2.30
Q3 25
$0.95
$0.54
Q2 25
$1.79
$1.37
Q1 25
$0.21
$0.52
Q4 24
$3.92
Q3 24
$-0.95
$1.14
Q2 24
$1.49
$1.38

Balance Sheet & Financial Strength

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

Metric
PFG
PFG
TTC
TTC
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$1.4B
Total Assets
$3.5B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PFG
PFG
TTC
TTC
Q1 26
Q4 25
$4.4B
Q3 25
$5.1B
Q2 25
$3.7B
Q1 25
$3.9B
Q4 24
$4.2B
Q3 24
$6.2B
Q2 24
$4.8B
Total Debt
PFG
PFG
TTC
TTC
Q1 26
Q4 25
$3.9B
Q3 25
$3.9B
$1.0B
Q2 25
$3.9B
$1.1B
Q1 25
$4.3B
$1.1B
Q4 24
$4.0B
Q3 24
$3.9B
$991.9M
Q2 24
$3.9B
$1.0B
Stockholders' Equity
PFG
PFG
TTC
TTC
Q1 26
Q4 25
$11.9B
Q3 25
$11.7B
$1.4B
Q2 25
$11.4B
$1.5B
Q1 25
$11.2B
$1.5B
Q4 24
$11.1B
Q3 24
$11.2B
$1.6B
Q2 24
$11.0B
$1.7B
Total Assets
PFG
PFG
TTC
TTC
Q1 26
Q4 25
$341.4B
Q3 25
$334.5B
$3.5B
Q2 25
$323.1B
$3.8B
Q1 25
$313.0B
$3.7B
Q4 24
$313.7B
Q3 24
$322.9B
$3.7B
Q2 24
$308.8B
$3.9B
Debt / Equity
PFG
PFG
TTC
TTC
Q1 26
Q4 25
0.33×
Q3 25
0.34×
0.73×
Q2 25
0.34×
0.74×
Q1 25
0.39×
0.75×
Q4 24
0.36×
Q3 24
0.35×
0.61×
Q2 24
0.36×
0.62×

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
TTC
TTC
Operating Cash FlowLast quarter
$225.8M
Free Cash FlowOCF − Capex
$207.2M
FCF MarginFCF / Revenue
18.3%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
4.22×
TTM Free Cash FlowTrailing 4 quarters
$462.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PFG
PFG
TTC
TTC
Q1 26
Q4 25
$1.7B
Q3 25
$1.0B
$225.8M
Q2 25
$811.9M
$171.7M
Q1 25
$977.3M
$-48.6M
Q4 24
$1.5B
Q3 24
$1.1B
$194.7M
Q2 24
$1.4B
$227.3M
Free Cash Flow
PFG
PFG
TTC
TTC
Q1 26
Q4 25
Q3 25
$207.2M
Q2 25
$152.4M
Q1 25
$-67.7M
Q4 24
Q3 24
$170.6M
Q2 24
$206.9M
FCF Margin
PFG
PFG
TTC
TTC
Q1 26
Q4 25
Q3 25
18.3%
Q2 25
11.6%
Q1 25
-6.8%
Q4 24
Q3 24
14.7%
Q2 24
15.3%
Capex Intensity
PFG
PFG
TTC
TTC
Q1 26
Q4 25
Q3 25
1.6%
Q2 25
1.5%
Q1 25
1.9%
Q4 24
Q3 24
2.1%
Q2 24
1.5%
Cash Conversion
PFG
PFG
TTC
TTC
Q1 26
Q4 25
3.37×
Q3 25
4.70×
4.22×
Q2 25
2.00×
1.26×
Q1 25
20.32×
-0.92×
Q4 24
1.61×
Q3 24
1.63×
Q2 24
4.05×
1.57×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PFG
PFG

Segment breakdown not available.

TTC
TTC

Equipment Products And Services$815.7M72%
Residential Segment$192.8M17%
Irrigation$115.1M10%

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