Buyback yield (TTM)
4.52%
Shareholder yield (TTM)
7.99%
5Y share count change
-18.4%
Buyback spend (TTM)
$897.40M
Cumulative buybacks
$13.94B
Key takeaways
- Principal Financial Group (PFG) repurchased about $897.40M of stock over the trailing twelve months.
- Diluted share count is down 18.4% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 9.69× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +24.1% per year over the latest 5-year window.
- TTM repurchases used about 30% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Principal Financial Group (PFG)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Principal Financial Group (PFG)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Principal Financial Group (PFG)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Principal Financial Group (PFG)
Latest: $902.70M
Overview
The 2025 reading of Principal Financial Group (PFG) buyback spend is $902.70M – declined 13.4% year-over-year.
Across 2020–2025 (5 years), Principal Financial Group buyback spend produced a CAGR of +24.1% – with mixed annual results across the window.
Principal Financial Group buyback spend plunged from $1.70B in 2022 to $902.70M in 2025, a 46.7% drawdown.
Across the available history, buyback spend reached its high of $1.70B in 2022 and its low of $0.00 in 2000.
Principal Financial Group Buyback Spend 2025: $902.70M
In 2025, Principal Financial Group reported buyback spend of $902.70M, declined 13.4% below 2024.
Principal Financial Group Buyback Spend 2024: $1.04B
Principal Financial Group buyback spend in 2024 was $1.04B, surged 40.8% from 2023.
Principal Financial Group Buyback Spend 2023: $740.40M
2023's buyback spend for Principal Financial Group came in at $740.40M, plunged 56.3% below 2022.
Principal Financial Group Buyback Spend 2022: $1.70B
Principal Financial Group posted buyback spend of $1.70B in 2022, surged 80.9% from 2021. This figure represents the highest annual value in the available history.
Principal Financial Group Buyback Spend 2021: $937.20M
Principal Financial Group buyback spend in 2021 was $937.20M.
See more financial history for Principal Financial Group (PFG).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $902.70M | $0.00 | $902.70M | 4.60% | 0.23B | -0.2% | |
| 2024 | $1.04B | $108.70M | $933.70M | 5.95% | 0.23B | -7.5% | |
| 2023 | $740.40M | $99.40M | $641.00M | 3.98% | 0.24B | -4.2% | |
| 2022 | $1.70B | $91.30M | $1.60B | 8.29% | 0.26B | -6.4% | |
| 2021 | $937.20M | $96.10M | $841.10M | 4.85% | 0.27B | -1.3% | |
| 2020 | $307.00M | $87.20M | $219.80M | 2.24% | 0.28B | -1.6% | |
| 2019 | $281.00M | $82.60M | $198.40M | 1.82% | 0.28B | -2.7% | |
| 2018 | $671.60M | $77.40M | $594.20M | 5.35% | 0.29B | -1.5% | |
| 2017 | $220.40M | $82.70M | $137.70M | 1.06% | 0.29B | +0.2% | |
| 2016 | $277.30M | $84.40M | $192.90M | 1.64% | 0.29B | -1.8% | |
| 2015 | $850.60M | $84.50M | $766.10M | 6.41% | 0.30B | -0.3% | |
| 2014 | $222.70M | $75.30M | $147.40M | 1.44% | 0.30B | +0.3% | |
| 2013 | $153.60M | $68.50M | $85.10M | 1.04% | 0.30B | -0.7% | |
| 2012 | $272.70M | $63.80M | $208.90M | 3.22% | 0.30B | -5.4% | |
| 2011 | $556.40M | $43.40M | $513.00M | 7.52% | 0.32B | -1.7% | |
| 2010 | $2.60M | $47.60M | −$45.00M | 0.02% | 0.32B | +8.1% | |
| 2009 | $4.10M | $37.20M | −$33.10M | 0.05% | 0.30B | +14.5% | |
| 2008 | $6.40M | $31.50M | −$25.10M | 0.11% | 0.26B | -2.6% | |
| 2007 | $756.30M | $1.20M | $755.10M | 4.23% | 0.27B | -2.7% | |
| 2006 | $755.80M | $2.10M | $753.70M | 4.81% | 0.28B | -4.9% | |
| 2005 | $952.40M | $900.00K | $951.50M | 7.19% | 0.29B | -8.0% | |
| 2004 | $772.60M | $43.40M | $729.20M | 6.34% | 0.32B | -3.7% | |
| 2003 | $453.00M | $0.00 | $453.00M | 4.25% | 0.33B | -5.7% | |
| 2002 | $742.40M | $0.00 | $742.40M | 7.44% | 0.35B | -4.2% | |
| 2001 | $367.70M | $0.00 | $367.70M | 4.39% | 0.36B | +0.5% | |
| 2000 | $0.00 | $0.00 | $0.00 | — | 0.36B | — |
- 2025$902.70M
- 2024$1.04B
- 2023$740.40M
- 2022$1.70B
- 2021$937.20M
- 2020$307.00M
- 2019$281.00M
- 2018$671.60M
- 2017$220.40M
- 2016$277.30M
- 2015$850.60M
- 2014$222.70M
- 2013$153.60M
- 2012$272.70M
- 2011$556.40M
- 2010$2.60M
- 2009$4.10M
- 2008$6.40M
- 2007$756.30M
- 2006$755.80M
- 2005$952.40M
- 2004$772.60M
- 2003$453.00M
- 2002$742.40M
- 2001$367.70M
- 2000$0.00
Buybacks vs stock-based compensation for Principal Financial Group (PFG)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 9.69×.
Buybacks vs dividends (share of cash returned) for Principal Financial Group (PFG)
How Principal Financial Group splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Principal Financial Group, ranked by their latest buyback spend.
| $34.59B | |
| $24.10B | |
| $19.52B | |
| $13.39B | |
| $12.36B | |
| $11.73B | |
| $5.83B | |
| $0.00 |
- $34.59B
- $24.10B
- $19.52B
- $13.39B
- $12.36B
- $11.73B
- $5.83B
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $2.94B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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