Buyback yield (TTM)
0.43%
Shareholder yield (TTM)
1.03%
5Y share count change
15.3%
Buyback spend (TTM)
$8.51B
Cumulative buybacks
$51.15B
Key takeaways
- Broadcom (AVGO) repurchased about $8.51B of stock over the trailing twelve months.
- Diluted share count is up 15.3% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- TTM buyback ÷ stock-based-comp ratio of 0.97× — repurchases only partially offset SBC dilution.
- Cash buyback spend has compounded at +52.5% per year over the latest 5-year window.
- TTM repurchases used about 41% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Broadcom (AVGO)
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 Broadcom (AVGO)
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 Broadcom (AVGO)
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 Broadcom (AVGO)
Latest: $6.31B
Overview
Broadcom (AVGO) most recent annual buyback spend stands at $6.31B (2025) – plunged 49.1% year-over-year.
Across 2020–2025 (5 years), Broadcom buyback spend produced a CAGR of +52.5% – with mixed annual results across the window.
Broadcom buyback spend peaked at $12.39B in 2024; the latest annual figure is $6.31B in 2025 (49.1% below peak).
Across the available history, buyback spend reached its high of $12.39B in 2024 and its low of $0.00 in 2010.
Broadcom Buyback Spend 2025: $6.31B
Broadcom buyback spend in 2025 was $6.31B, plunged 49.1% below 2024.
Broadcom Buyback Spend 2024: $12.39B
2024's buyback spend for Broadcom came in at $12.39B, surged 61.2% from 2023. This figure represents the highest annual value in the available history.
Broadcom Buyback Spend 2023: $7.68B
Broadcom posted buyback spend of $7.68B in 2023, declined 9.1% below 2022.
Broadcom Buyback Spend 2022: $8.46B
In 2022, Broadcom reported buyback spend of $8.46B, surged 550.9% from 2021.
Broadcom Buyback Spend 2021: $1.30B
Broadcom buyback spend in 2021 was $1.30B.
See more financial history for Broadcom (AVGO).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $6.31B | $7.57B | −$1.26B | 0.37% | 4.85B | +1.6% | |
| 2024 | $12.39B | $5.74B | $6.65B | 1.57% | 4.78B | +11.9% | |
| 2023 | $7.68B | $2.17B | $5.51B | 2.21% | 4.27B | +0.9% | |
| 2022 | $8.46B | $1.53B | $6.92B | 4.38% | 4.23B | -1.4% | |
| 2021 | $1.30B | $1.70B | −$405.00M | 0.60% | 4.29B | +1.9% | |
| 2020 | $765.00M | $1.98B | −$1.21B | 0.54% | 4.21B | +0.5% | |
| 2019 | $6.41B | $2.19B | $4.22B | 5.29% | 4.19B | -2.8% | |
| 2018 | $7.26B | $1.23B | $6.03B | 8.00% | 4.31B | +5.4% | |
| 2017 | $0.00 | $921.00M | −$921.00M | — | 4.09B | +6.8% | |
| 2016 | $0.00 | $679.00M | −$679.00M | — | 3.83B | +36.3% | |
| 2015 | $0.00 | $232.00M | −$232.00M | — | 2.81B | +5.2% | |
| 2014 | $12.00M | $163.00M | −$151.00M | 0.05% | 2.67B | +6.0% | |
| 2013 | $95.00M | $77.00M | $18.00M | 0.84% | 2.52B | +0.8% | |
| 2012 | $110.00M | $53.00M | $57.00M | 1.36% | 2.50B | -0.8% | |
| 2011 | $93.00M | $38.00M | $55.00M | 1.12% | 2.52B | +2.4% | |
| 2010 | $0.00 | $25.00M | −$25.00M | — | 2.46B | +12.3% | |
| 2009 | $6.00M | $12.00M | −$6.00M | 0.17% | 2.19B | 0.0% | |
| 2008 | $7.00M | $15.00M | −$8.00M | 0.20% | 2.19B | +2.3% | |
| 2007 | $2.00M | $12.00M | −$10.00M | — | 2.14B | -13.1% | |
| 2006 | $249.00M | $0.00 | $249.00M | — | 2.46B | — |
- 2025$6.31B
- 2024$12.39B
- 2023$7.68B
- 2022$8.46B
- 2021$1.30B
- 2020$765.00M
- 2019$6.41B
- 2018$7.26B
- 2017$0.00
- 2016$0.00
- 2015$0.00
- 2014$12.00M
- 2013$95.00M
- 2012$110.00M
- 2011$93.00M
- 2010$0.00
- 2009$6.00M
- 2008$7.00M
- 2007$2.00M
- 2006$249.00M
Buybacks vs stock-based compensation for Broadcom (AVGO)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 0.97×.
Buybacks vs dividends (share of cash returned) for Broadcom (AVGO)
How Broadcom splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Broadcom, ranked by their latest buyback spend.
| $90.71B | |
| $40.09B | |
| $18.42B | |
| $6.65B | |
| $1.32B | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $90.71B
- $40.09B
- $18.42B
- $6.65B
- $1.32B
- $0.00
- $0.00
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 $21.00B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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