Principal Financial (PFG) Shares Outstanding (Diluted) (2009 - 2026)
Principal Financial (PFG) posted Shares Outstanding (Diluted) of 218.7 million for Q2 2026, down 3.4% from 226.5 million a year earlier and down 0.7% from the prior quarter.
Principal Financial (PFG) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Principal Financial's Shares Outstanding (Diluted) came in at 225.7 million, down 4.1% from FY2024.
- Annual Shares Outstanding (Diluted) has declined for eight consecutive years, with a five-year compound annual growth rate of -4.0% (FY2020 to FY2025).
- In prior years, Principal Financial's Shares Outstanding (Diluted) was 235.3 million in FY2024 (-3.8%), 244.6 million in FY2023 (-4.2%), 255.3 million in FY2022 (-6.4%) and 272.9 million in FY2021 (-1.3%).
- The Q2 2026 figure stands as the lowest quarterly Shares Outstanding (Diluted) in data going back to Q1 2009.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined in each of the last 33 quarters, with an average decline of 4.0% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding (Diluted) ranged from 1.3% (Q4 2021) to 7.7% (Q1 2023).
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 220.3 million (Q1 2026), 225.7 million (Q4 2025) and 225.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.19 Bn | 124.32 Bn | - | 164.65 Mn |
| 2 | Spdr Gold Trust | 137.10 Bn | -420.90 Bn | - | - |
| 3 | Blackstone | 87.94 Bn | 77.92 Bn | - | 799.90 Mn |
| 4 | Brookfield | 84.29 Bn | -99.03 Bn | - | 2.37 Bn |
| 5 | Kkr | 80.45 Bn | 600.79 Mn | - | 945.58 Mn |
| 6 | Brookfield Asset Management | 73.60 Bn | 68.41 Bn | - | 1.61 Bn |
| 7 | Apollo Global Management | 66.12 Bn | -16.68 Bn | 10.56 Bn | 610.22 Mn |
| 8 | Wheaton Precious Metals | 59.86 Bn | 55.29 Bn | 687.86 Mn | 454.69 Mn |
| 9 | Franco Nevada | 46.95 Bn | 44.31 Bn | 451.00 Mn | 193.00 Mn |
| 10 | Principal Financial | 23.43 Bn | -411.29 Mn | 1.91 Bn | 218.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 218.70 Mn |
| Mar 31, 2026 | 220.30 Mn |
| Dec 31, 2025 | 225.70 Mn |
| Sep 30, 2025 | 225.20 Mn |
| Jun 30, 2025 | 226.50 Mn |
| Mar 31, 2025 | 228.80 Mn |
| Dec 31, 2024 | 235.30 Mn |
| Sep 30, 2024 | 230.70 Mn |
| Jun 30, 2024 | 236.60 Mn |
| Mar 31, 2024 | 239.40 Mn |
| Dec 31, 2023 | 244.60 Mn |
| Sep 30, 2023 | 244.30 Mn |
| Jun 30, 2023 | 245.50 Mn |
| Mar 31, 2023 | 243.40 Mn |
| Dec 31, 2022 | 255.30 Mn |
| Sep 30, 2022 | 251.90 Mn |
| Jun 30, 2022 | 256.30 Mn |
| Mar 31, 2022 | 263.80 Mn |
| Dec 31, 2021 | 272.90 Mn |
| Sep 30, 2021 | 271.90 Mn |
Principal Financial Shares Outstanding (Diluted) 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-diluted&ticker=PFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=PFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();