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Side-by-side financial comparison of Principal Financial Group (PFG) and WOLVERINE WORLD WIDE INC (WWW). Click either name above to swap in a different company.
Principal Financial Group is the larger business by last-quarter revenue ($750.8M vs $517.5M, roughly 1.5× WOLVERINE WORLD WIDE INC). WOLVERINE WORLD WIDE INC runs the higher net margin — 6.1% vs 0.3%, a 5.9% gap on every dollar of revenue. On growth, WOLVERINE WORLD WIDE INC posted the faster year-over-year revenue change (25.5% vs 4.0%). Over the past eight quarters, WOLVERINE WORLD WIDE INC's revenue compounded faster (14.5% CAGR vs -58.3%).
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.
Wolverine World Wide is a global designer, manufacturer and marketer of branded footwear, apparel and accessories. It owns popular brands including Merrell, Sperry, Saucony and Hush Puppies, serving outdoor, casual, workwear and athletic segments via e-commerce, retail stores and global wholesale networks.
PFG vs WWW — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $750.8M | $517.5M |
| Net Profit | $1.9M | $31.8M |
| Gross Margin | — | 47.3% |
| Operating Margin | — | 9.7% |
| Net Margin | 0.3% | 6.1% |
| Revenue YoY | 4.0% | 25.5% |
| Net Profit YoY | 783.0% | 162.8% |
| EPS (diluted) | — | $0.37 |
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.
| Q1 26 | $750.8M | $517.5M | ||
| Q4 25 | $4.6B | — | ||
| Q3 25 | $3.7B | $470.3M | ||
| Q2 25 | $3.7B | $474.2M | ||
| Q1 25 | $3.7B | $412.3M | ||
| Q4 24 | $4.8B | $494.7M | ||
| Q3 24 | $3.0B | $440.2M | ||
| Q2 24 | $4.3B | $425.2M |
| Q1 26 | $1.9M | $31.8M | ||
| Q4 25 | $517.0M | — | ||
| Q3 25 | $213.8M | $25.1M | ||
| Q2 25 | $406.2M | $26.8M | ||
| Q1 25 | $48.1M | $12.1M | ||
| Q4 24 | $905.4M | $23.1M | ||
| Q3 24 | $-220.0M | $23.2M | ||
| Q2 24 | $353.1M | $13.8M |
| Q1 26 | — | 47.3% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 47.5% | ||
| Q2 25 | — | 47.2% | ||
| Q1 25 | — | 47.2% | ||
| Q4 24 | — | 43.4% | ||
| Q3 24 | — | 45.1% | ||
| Q2 24 | — | 43.1% |
| Q1 26 | — | 9.7% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 8.4% | ||
| Q2 25 | — | 8.6% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | 7.4% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | — | 6.8% |
| Q1 26 | 0.3% | 6.1% | ||
| Q4 25 | 11.3% | — | ||
| Q3 25 | 5.8% | 5.3% | ||
| Q2 25 | 11.1% | 5.7% | ||
| Q1 25 | 1.3% | 2.9% | ||
| Q4 24 | 19.1% | 4.7% | ||
| Q3 24 | -7.3% | 5.3% | ||
| Q2 24 | 8.2% | 3.2% |
| Q1 26 | — | $0.37 | ||
| Q4 25 | $2.30 | — | ||
| Q3 25 | $0.95 | $0.30 | ||
| Q2 25 | $1.79 | $0.32 | ||
| Q1 25 | $0.21 | $0.15 | ||
| Q4 24 | $3.92 | $0.29 | ||
| Q3 24 | $-0.95 | $0.28 | ||
| Q2 24 | $1.49 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | — | $621.7M |
| Stockholders' EquityBook value | — | $408.0M |
| Total Assets | — | $1.7B |
| Debt / EquityLower = less leverage | — | 1.52× |
8-quarter trend — quarters aligned by calendar period.
| 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 | — |
| Q1 26 | — | $621.7M | ||
| Q4 25 | $3.9B | — | ||
| Q3 25 | $3.9B | $676.4M | ||
| Q2 25 | $3.9B | $708.5M | ||
| Q1 25 | $4.3B | $710.8M | ||
| Q4 24 | $4.0B | $648.0M | ||
| Q3 24 | $3.9B | $702.8M | ||
| Q2 24 | $3.9B | $814.7M |
| Q1 26 | — | $408.0M | ||
| Q4 25 | $11.9B | — | ||
| Q3 25 | $11.7B | $376.7M | ||
| Q2 25 | $11.4B | $344.0M | ||
| Q1 25 | $11.2B | $310.6M | ||
| Q4 24 | $11.1B | $312.9M | ||
| Q3 24 | $11.2B | $295.2M | ||
| Q2 24 | $11.0B | $262.1M |
| Q1 26 | — | $1.7B | ||
| Q4 25 | $341.4B | — | ||
| Q3 25 | $334.5B | $1.7B | ||
| Q2 25 | $323.1B | $1.8B | ||
| Q1 25 | $313.0B | $1.7B | ||
| Q4 24 | $313.7B | $1.7B | ||
| Q3 24 | $322.9B | $1.8B | ||
| Q2 24 | $308.8B | $1.8B |
| Q1 26 | — | 1.52× | ||
| Q4 25 | 0.33× | — | ||
| Q3 25 | 0.34× | 1.80× | ||
| Q2 25 | 0.34× | 2.06× | ||
| Q1 25 | 0.39× | 2.29× | ||
| Q4 24 | 0.36× | 2.07× | ||
| Q3 24 | 0.35× | 2.38× | ||
| Q2 24 | 0.36× | 3.11× |
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 | — | $146.2M |
| Free Cash FlowOCF − Capex | — | $145.6M |
| FCF MarginFCF / Revenue | — | 28.1% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | 4.60× |
| TTM Free Cash FlowTrailing 4 quarters | — | $125.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $146.2M | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.0B | $33.0M | ||
| Q2 25 | $811.9M | $44.6M | ||
| Q1 25 | $977.3M | $-83.8M | ||
| Q4 24 | $1.5B | $82.4M | ||
| Q3 24 | $1.1B | $108.2M | ||
| Q2 24 | $1.4B | $26.7M |
| Q1 26 | — | $145.6M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $30.1M | ||
| Q2 25 | — | $41.2M | ||
| Q1 25 | — | $-91.4M | ||
| Q4 24 | — | $74.4M | ||
| Q3 24 | — | $104.1M | ||
| Q2 24 | — | $23.7M |
| Q1 26 | — | 28.1% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | — | 8.7% | ||
| Q1 25 | — | -22.2% | ||
| Q4 24 | — | 15.0% | ||
| Q3 24 | — | 23.6% | ||
| Q2 24 | — | 5.6% |
| Q1 26 | — | 0.1% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 0.7% |
| Q1 26 | — | 4.60× | ||
| Q4 25 | 3.37× | — | ||
| Q3 25 | 4.70× | 1.31× | ||
| Q2 25 | 2.00× | 1.66× | ||
| Q1 25 | 20.32× | -6.93× | ||
| Q4 24 | 1.61× | 3.57× | ||
| Q3 24 | — | 4.66× | ||
| Q2 24 | 4.05× | 1.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PFG
Segment breakdown not available.
WWW
| Sales Channel Through Intermediary | $230.2M | 44% |
| Sales Channel Directly To Consumer | $142.6M | 28% |
| Work Group | $134.0M | 26% |
| Other | $10.7M | 2% |
