Apple (AAPL) Stock Buyback History
TTM buyback yield 2.28% · Shareholder yield (TTM) 2.28%.
Apple
AAPL
TTM buyback yield
2.28%
Shareholder yield (TTM)
2.28%
5Y share count change
-14.4%
TTM buyback spend
$91.81B
SBC coverage (TTM)
6.97x
Diluted vs basic shares (annual)
Weighted average shares from the income statement: diluted (EPS denominator and typical buyback-yield basis) compared with basic.
Shares outstanding (annual)
Year-over-year change in diluted weighted average shares (industry-standard for EPS and per-share capital return). Green is fewer shares vs the prior fiscal year; red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield
Buybacks vs stock-based compensation
TTM coverage: 6.97x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $90.71B | $12.86B | $77.85B | 15.00B | -2.6% | 2.38% |
| 2024 | $94.95B | $11.69B | $83.26B | 15.41B | -2.6% | 2.75% |
| 2023 | $77.55B | $10.83B | $66.72B | 15.81B | -3.1% | 2.90% |
| 2022 | $89.40B | $9.04B | $80.36B | 16.33B | -3.2% | 3.71% |
| 2021 | $85.97B | $7.91B | $78.06B | 16.86B | -3.8% | 3.55% |
| 2020 | $72.36B | $6.83B | $65.53B | 17.53B | -5.7% | 3.78% |
| 2019 | $66.90B | $6.07B | $60.83B | 18.60B | -7.0% | 6.62% |
| 2018 | $72.74B | $5.34B | $67.40B | 20.00B | -4.8% | 6.71% |
| 2017 | $32.90B | $4.84B | $28.06B | 21.01B | -4.5% | 4.15% |
| 2016 | $29.72B | $4.21B | $25.51B | 22.00B | -5.1% | 4.91% |
| 2015 | $35.25B | $3.59B | $31.67B | 23.17B | -5.4% | 5.42% |
| 2014 | $45.00B | $2.86B | $42.14B | 24.49B | -6.1% | 7.53% |
| 2013 | $22.86B | $2.25B | $20.61B | 26.09B | -1.4% | 5.12% |
| 2012 | $0.00 | $1.74B | −$1.74B | 26.47B | 0.9% | — |
| 2011 | $0.00 | $1.17B | −$1.17B | 26.23B | 1.3% | — |
| 2010 | $0.00 | $879.00M | −$879.00M | 25.89B | 2.0% | — |
| 2009 | $0.00 | $710.00M | −$710.00M | 25.40B | 0.5% | — |
| 2008 | $0.00 | $516.00M | −$516.00M | 25.26B | 1.4% | — |
| 2007 | $3.00M | $242.00M | −$239.00M | 24.90B | 1.3% | 0.00% |
| 2006 | $355.00M | $163.00M | $192.00M | 24.57B | 2.4% | 0.54% |
| 2005 | $0.00 | $49.00M | −$49.00M | 23.99B | 10.6% | — |
| 2004 | $0.00 | $46.00M | −$46.00M | 21.69B | 6.6% | — |
| 2003 | $26.00M | $16.00M | $10.00M | 20.35B | 0.5% | 0.35% |
| 2002 | $0.00 | $5.00M | −$5.00M | 20.26B | 4.7% | — |
| 2001 | $0.00 | $2.00M | −$2.00M | 19.35B | -4.1% | — |
| 2000 | $116.00M | $0.00 | $116.00M | 20.18B | 3.4% | — |
| 1999 | $75.00M | $0.00 | $75.00M | 19.51B | 3.7% | — |
| 1998 | $0.00 | $0.00 | $0.00 | 18.81B | 33.2% | — |
| 1997 | $0.00 | $0.00 | $0.00 | 14.12B | 1.9% | — |
| 1996 | $0.00 | $0.00 | $0.00 | 13.86B | — | — |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1993 | $273.00M | $0.00 | $273.00M | — | — | — |
| 1992 | $212.63M | $0.00 | $212.63M | — | — | — |
| 1991 | $184.70M | $0.00 | $184.70M | — | — | — |
| 1990 | $569.60M | $0.00 | $569.60M | — | — | — |
| 1989 | $12.90M | $0.00 | $12.90M | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)85% of headroom
Headroom $107.84B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Apple buy back its own stock?
- Yes, Apple (AAPL) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Apple spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $91.81B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Apple's buyback yield?
- TTM buyback yield is about 2.28% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Apple's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 2.28% combined (TTM-based where available).
Is Apple diluting shareholders?
- Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Apple's share count changed?
- Diluted weighted average shares changed by about -14.4% over roughly five fiscal years (annual income statement data).