Buyback yield (TTM)
4.42%
Shareholder yield (TTM)
5.79%
5Y share count change
0.2%
Buyback spend (TTM)
$7.21B
Cumulative buybacks
$79.75B
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.
Dividend & buyback yield over time for Walt Disney (DIS)
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 Walt Disney (DIS)
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 Walt Disney (DIS)
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 Walt Disney (DIS)
Latest: $3.50B
Overview
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 $0.00 in 1989.
Walt Disney Buyback Spend 2025: $3.50B
In 2025, Walt Disney reported buyback spend of $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: $0.00
Walt Disney buyback spend in 2023 was $0.00.
Walt Disney Buyback Spend 2022: $0.00
Walt Disney buyback spend in 2022 was $0.00.
Walt Disney Buyback Spend 2021: $0.00
Walt Disney buyback spend in 2021 was $0.00.
See more financial history for Walt Disney (DIS).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $3.50B | $1.36B | $2.14B | 1.71% | 1.81B | -1.1% | |
| 2024 | $2.99B | $1.37B | $1.63B | 1.72% | 1.83B | +0.1% | |
| 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 | 0.14% | 1.67B | +10.6% | |
| 2018 | $3.58B | $393.00M | $3.18B | 2.07% | 1.51B | -4.5% | |
| 2017 | $9.37B | $364.00M | $9.00B | 6.18% | 1.58B | -3.7% | |
| 2016 | $7.50B | $393.00M | $7.11B | 5.03% | 1.64B | -4.1% | |
| 2015 | $6.09B | $410.00M | $5.68B | 3.55% | 1.71B | -2.8% | |
| 2014 | $6.53B | $408.00M | $6.12B | 4.27% | 1.76B | -3.0% | |
| 2013 | $4.09B | $402.00M | $3.69B | 3.55% | 1.81B | -0.3% | |
| 2012 | $3.02B | $408.00M | $2.61B | 3.23% | 1.82B | -4.8% | |
| 2011 | $4.99B | $423.00M | $4.57B | 9.21% | 1.91B | -2.0% | |
| 2010 | $2.67B | $522.00M | $2.15B | 4.26% | 1.95B | +3.9% | |
| 2009 | $138.00M | $457.00M | −$319.00M | 0.27% | 1.88B | -3.7% | |
| 2008 | $4.45B | $0.00 | $4.45B | 7.83% | 1.95B | -6.9% | |
| 2007 | $6.92B | $0.00 | $6.92B | 10.49% | 2.09B | +0.8% | |
| 2006 | $6.90B | $0.00 | $6.90B | 10.86% | 2.08B | -2.5% | |
| 2005 | $2.42B | $0.00 | $2.42B | 5.18% | 2.13B | -2.9% | |
| 2004 | $335.00M | $0.00 | $335.00M | 0.73% | 2.19B | +2.1% | |
| 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 | 2.92% | 2.10B | +30.1% | |
| 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 | — | — | — |
- 2025$3.50B
- 2024$2.99B
- 2023$0.00
- 2022$0.00
- 2021$0.00
- 2020$0.00
- 2019$318.00M
- 2018$3.58B
- 2017$9.37B
- 2016$7.50B
- 2015$6.09B
- 2014$6.53B
- 2013$4.09B
- 2012$3.02B
- 2011$4.99B
- 2010$2.67B
- 2009$138.00M
- 2008$4.45B
- 2007$6.92B
- 2006$6.90B
- 2005$2.42B
- 2004$335.00M
- 2003$0.00
- 2002$0.00
- 2001$1.07B
- 2000$166.00M
- 1999$19.00M
- 1998$30.00M
- 1997$633.00M
- 1996$462.00M
- 1995$349.00M
- 1994$570.70M
- 1993$31.60M
- 1992$0.00
- 1991$181.10M
- 1990$427.50M
- 1989$0.00
Buybacks vs stock-based compensation for Walt Disney (DIS)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 4.97×.
Buybacks vs dividends (share of cash returned) for Walt Disney (DIS)
How Walt Disney splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Walt Disney, ranked by their latest buyback spend.
| $45.71B | |
| $26.25B | |
| $9.97B | |
| $9.13B | |
| $7.16B | |
| $4.50B | |
| $510.99M | |
| $0.00 |
- $45.71B
- $26.25B
- $9.97B
- $9.13B
- $7.16B
- $4.50B
- $510.99M
- $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 $4.88B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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