Principal Financial (PFG) Shares Outstanding (2009 - 2026)
Principal Financial's Shares Outstanding came in at 215.9 million for Q2 2026, down 3.7% from 224.1 million a year earlier and down 0.6% from the prior quarter.
Principal Financial (PFG) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Principal Financial's Shares Outstanding was 222.8 million, down 4.0% from FY2024.
- Shares Outstanding has declined in each of the last 11 years, with a five-year compound annual growth rate of -4.1% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 232 million in FY2024 (-3.9%), 241.3 million in FY2023 (-3.9%), 251.1 million in FY2022 (-6.7%) and 269 million in FY2021 (-2.1%).
- The Q2 2026 figure represents the lowest quarterly Shares Outstanding in data going back to Q1 2009.
- Year-over-year, Shares Outstanding has declined for 33 consecutive quarters, with an average decline of 4.0% over the last eight quarters.
- The year-over-year decline in Shares Outstanding has ranged between 2.1% (Q4 2021) and 7.5% (Q3 2022) over the last five years.
- Business Quant data shows PFG's Shares Outstanding at 217.2 million (Q1 2026), 222.8 million (Q4 2025) and 222.4 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.19 Bn | 124.32 Bn | - | 155.20 Mn |
| 2 | Spdr Gold Trust | 137.10 Bn | -420.90 Bn | - | 361.94 Mn |
| 3 | Blackstone | 87.94 Bn | 77.92 Bn | - | 799.88 Mn |
| 4 | Brookfield | 84.29 Bn | -99.03 Bn | - | 2.25 Bn |
| 5 | Kkr | 80.45 Bn | 600.79 Mn | - | 895.59 Mn |
| 6 | Brookfield Asset Management | 73.60 Bn | 68.41 Bn | - | 1.60 Bn |
| 7 | Apollo Global Management | 66.12 Bn | -16.68 Bn | 10.56 Bn | 591.80 Mn |
| 8 | Wheaton Precious Metals | 59.86 Bn | 55.29 Bn | 687.86 Mn | 453.89 Mn |
| 9 | Franco Nevada | 46.95 Bn | 44.31 Bn | 451.00 Mn | 192.70 Mn |
| 10 | Principal Financial | 23.43 Bn | -411.29 Mn | 1.91 Bn | 215.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 215.90 Mn |
| Mar 31, 2026 | 217.20 Mn |
| Dec 31, 2025 | 222.80 Mn |
| Sep 30, 2025 | 222.40 Mn |
| Jun 30, 2025 | 224.10 Mn |
| Mar 31, 2025 | 225.70 Mn |
| Dec 31, 2024 | 232.00 Mn |
| Sep 30, 2024 | 230.70 Mn |
| Jun 30, 2024 | 233.80 Mn |
| Mar 31, 2024 | 236.00 Mn |
| Dec 31, 2023 | 241.30 Mn |
| Sep 30, 2023 | 241.10 Mn |
| Jun 30, 2023 | 242.70 Mn |
| Mar 31, 2023 | 243.40 Mn |
| Dec 31, 2022 | 251.10 Mn |
| Sep 30, 2022 | 248.00 Mn |
| Jun 30, 2022 | 252.60 Mn |
| Mar 31, 2022 | 259.40 Mn |
| Dec 31, 2021 | 269.00 Mn |
| Sep 30, 2021 | 268.00 Mn |
Principal Financial Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=PFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "PFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=PFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();