Walt Disney (DIS) Stock Buyback History
TTM buyback yield 4.42% · Shareholder yield (TTM) 4.42%.
DIS
TTM buyback yield
4.42%
Shareholder yield (TTM)
4.42%
5Y share count change
0.2%
TTM buyback spend
$7.21B
SBC coverage (TTM)
4.97x
YoY change in spend
+17.0%
5Y CAGR of spend
N/A
Peak year (2017)
$9.37B
Cumulative spend
$79.75B
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- Walt Disney (DIS) repurchased about $7.21B of stock over the trailing twelve months.
- Diluted share count is roughly flat (0.2%) over the last ~5 fiscal years — buybacks are offsetting dilution but not shrinking the float.
- TTM buyback ÷ stock-based-comp ratio of 4.97× — repurchases more than cover SBC dilution.
- TTM repurchases used about 148% of free cash flow remaining after dividends.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $3.50B | $1.36B | $2.14B | 1.81B | -1.1% | 1.71% |
| 2024 | $2.99B | $1.37B | $1.63B | 1.83B | 0.1% | 1.72% |
| 2023 | $0.00 | $1.14B | −$1.14B | 1.83B | 0.2% | — |
| 2022 | $0.00 | $977.00M | −$977.00M | 1.83B | -0.1% | — |
| 2021 | $0.00 | $600.00M | −$600.00M | 1.83B | 1.1% | — |
| 2020 | $0.00 | $525.00M | −$525.00M | 1.81B | 8.5% | — |
| 2019 | $318.00M | $711.00M | −$393.00M | 1.67B | 10.6% | 0.14% |
| 2018 | $3.58B | $393.00M | $3.18B | 1.51B | -4.5% | 2.07% |
| 2017 | $9.37B | $364.00M | $9.00B | 1.58B | -3.7% | 6.18% |
| 2016 | $7.50B | $393.00M | $7.11B | 1.64B | -4.1% | 5.03% |
| 2015 | $6.09B | $410.00M | $5.68B | 1.71B | -2.8% | 3.55% |
| 2014 | $6.53B | $408.00M | $6.12B | 1.76B | -3.0% | 4.27% |
| 2013 | $4.09B | $402.00M | $3.69B | 1.81B | -0.3% | 3.55% |
| 2012 | $3.02B | $408.00M | $2.61B | 1.82B | -4.8% | 3.23% |
| 2011 | $4.99B | $423.00M | $4.57B | 1.91B | -2.0% | 9.21% |
| 2010 | $2.67B | $522.00M | $2.15B | 1.95B | 3.9% | 4.26% |
| 2009 | $138.00M | $457.00M | −$319.00M | 1.88B | -3.7% | 0.27% |
| 2008 | $4.45B | $0.00 | $4.45B | 1.95B | -6.9% | 7.83% |
| 2007 | $6.92B | $0.00 | $6.92B | 2.09B | 0.8% | 10.49% |
| 2006 | $6.90B | $0.00 | $6.90B | 2.08B | -2.5% | 10.86% |
| 2005 | $2.42B | $0.00 | $2.42B | 2.13B | -2.9% | 5.18% |
| 2004 | $335.00M | $0.00 | $335.00M | 2.19B | 2.1% | 0.73% |
| 2003 | $0.00 | $0.00 | $0.00 | 2.15B | 5.1% | — |
| 2002 | $0.00 | $0.00 | $0.00 | 2.04B | -2.7% | — |
| 2001 | $1.07B | $0.00 | $1.07B | 2.10B | 30.1% | 2.92% |
| 2000 | $166.00M | $0.00 | $166.00M | 1.61B | -23.0% | — |
| 1999 | $19.00M | $0.00 | $19.00M | 2.10B | 0.9% | — |
| 1998 | $30.00M | $0.00 | $30.00M | 2.08B | 2.6% | — |
| 1997 | $633.00M | $0.00 | $633.00M | 2.02B | 0.0% | — |
| 1996 | $462.00M | $0.00 | $462.00M | 2.02B | — | — |
| 1995 | $349.00M | $0.00 | $349.00M | — | — | — |
| 1994 | $570.70M | $0.00 | $570.70M | — | — | — |
| 1993 | $31.60M | $0.00 | $31.60M | — | — | — |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1991 | $181.10M | $0.00 | $181.10M | — | — | — |
| 1990 | $427.50M | $0.00 | $427.50M | — | — | — |
| 1989 | $0.00 | $0.00 | $0.00 | — | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for Walt Disney (DIS) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for Walt Disney (DIS)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for Walt Disney (DIS)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $3.50B | +17.0% | +$508.00M | ||
| 2024 | $2.99B | — | +$2.99B | ||
| 2023 | $0 | — | $0 | ||
| 2022 | $0 | — | $0 | ||
| 2021 | $0 | — | $0 | ||
| 2020 | $0 | -100.0% | -$318.00M | ||
| 2019 | $318.00M | -91.1% | -$3.26B | ||
| 2018 | $3.58B | -61.8% | -$5.79B | ||
| 2017 | $9.37B | +24.9% | +$1.87B | ||
| 2016 | $7.50B | +23.0% | +$1.40B | ||
| 2015 | $6.09B | -6.6% | -$432.00M | ||
| 2014 | $6.53B | +59.7% | +$2.44B | ||
| 2013 | $4.09B | +35.6% | +$1.07B | ||
| 2012 | $3.02B | -39.6% | -$1.98B | ||
| 2011 | $4.99B | +87.1% | +$2.32B | ||
| 2010 | $2.67B | +1834.1% | +$2.53B | ||
| 2009 | $138.00M | -96.9% | -$4.32B | ||
| 2008 | $4.45B | -35.7% | -$2.47B | ||
| 2007 | $6.92B | +0.4% | +$25.00M | ||
| 2006 | $6.90B | +185.0% | +$4.48B | ||
| 2005 | $2.42B | +622.4% | +$2.08B | ||
| 2004 | $335.00M | — | +$335.00M | ||
| 2003 | $0 | — | $0 | ||
| 2002 | $0 | -100.0% | -$1.07B | ||
| 2001 | $1.07B | +546.4% | +$907.00M | ||
| 2000 | $166.00M | +773.7% | +$147.00M | ||
| 1999 | $19.00M | -36.7% | -$11.00M | ||
| 1998 | $30.00M | -95.3% | -$603.00M | ||
| 1997 | $633.00M | +37.0% | +$171.00M | ||
| 1996 | $462.00M | +32.4% | +$113.00M | ||
| 1995 | $349.00M | -38.8% | -$221.70M | ||
| 1994 | $570.70M | +1706.0% | +$539.10M | ||
| 1993 | $31.60M | — | +$31.60M | ||
| 1992 | $0 | -100.0% | -$181.10M | ||
| 1991 | $181.10M | -57.6% | -$246.40M | ||
| 1990 | $427.50M | — | +$427.50M | ||
| 1989 | $0 | — | — |
The 2025 reading of Walt Disney (DIS) buyback spend is $3.50B – grew 17.0% year-over-year.
Over 2015–2025 (10 years), Walt Disney buyback spend expanded at a -5.4% compound annual rate, sustaining 2 straight years of year-over-year growth.
Walt Disney buyback spend peaked at $9.37B in 2017; the latest annual figure is $3.50B in 2025 (62.6% below peak).
The highest annual buyback spend of $9.37B was reported in 2017. The lowest in the available history was $0 in 1989.
Walt Disney (DIS) sits 7th of 8 Communication Services peers we track on this metric, against a peer median of $8.14B.
Walt Disney Buyback Spend 2025: $3.50B
Walt Disney buyback spend in 2025 was $3.50B, grew 17.0% from 2024.
Walt Disney Buyback Spend 2024: $2.99B
Walt Disney buyback spend in 2024 was $2.99B.
Walt Disney Buyback Spend 2023: $0
Walt Disney buyback spend in 2023 was $0.
Walt Disney Buyback Spend 2022: $0
Walt Disney buyback spend in 2022 was $0.
Walt Disney Buyback Spend 2021: $0
Walt Disney buyback spend in 2021 was $0.
See more financial history for Walt Disney (DIS).
Sector peers by buyback spend
Companies in the same sector as Walt Disney, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| Alphabet (GOOGL) | $45.71B | Communication Services |
| Meta (META) | $26.25B | Communication Services |
| T-Mobile US (TMUS) | $9.97B | Communication Services |
| Netflix (NFLX) | $9.13B | Communication Services |
| Comcast (CMCSA) | $7.16B | Communication Services |
| AT&T (T) | $4.50B | Communication Services |
| Spotify (SPOT) | $439.00M | Communication Services |
| Verizon (VZ) | $0 | Communication Services |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
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.
Dividend & buyback yield over time
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.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 4.97×.
Capital allocation mix
How Walt Disney splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
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 $4.88B (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from Walt Disney's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does Walt Disney buy back its own stock?
Yes, Walt Disney (DIS) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Walt Disney spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $7.21B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Walt Disney's buyback yield?
TTM buyback yield is about 4.42% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Walt Disney's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 4.42% combined (TTM-based where available).
Is Walt Disney 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 Walt Disney's share count changed?
Diluted weighted average shares changed by about 0.2% over roughly five fiscal years (annual income statement data).
What is Walt Disney's buyback spend?
Latest reported buyback spend for Walt Disney (DIS) is $7.21B (period ending March 28, 2026).
How has Walt Disney buyback spend changed year-over-year?
Walt Disney (DIS) buyback spend changed +17.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Walt Disney buyback spend?
Walt Disney (DIS) buyback spend compound annual growth rate is -5.4% over the most recent 10 years available.
When did Walt Disney buyback spend hit its highest annual value?
Walt Disney buyback spend reached its highest annual value of $9.37B in 2017.
What was Walt Disney buyback spend in 2024?
Walt Disney (DIS) buyback spend in 2024 was $2.99B.
What was Walt Disney buyback spend in 2025?
Walt Disney (DIS) buyback spend in 2025 was $3.50B.
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