FedEx (FDX) Stock Buyback History
TTM buyback yield 1.38% · Shareholder yield (TTM) 1.38%.

FedEx
FDX
TTM buyback yield
1.38%
Shareholder yield (TTM)
1.38%
5Y share count change
-7.3%
TTM buyback spend
$1.30B
SBC coverage (TTM)
7.45x
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: 7.45x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $3.02B | $154.00M | $2.86B | 0.24B | -3.2% | 5.81% |
| 2024 | $2.50B | $163.00M | $2.34B | 0.25B | -2.0% | 4.00% |
| 2023 | $1.50B | $182.00M | $1.32B | 0.26B | -3.8% | 2.74% |
| 2022 | $2.25B | $190.00M | $2.06B | 0.27B | -0.7% | 3.84% |
| 2021 | $0.00 | $200.00M | −$200.00M | 0.27B | 2.3% | — |
| 2020 | $3.00M | $168.00M | −$165.00M | 0.26B | -1.1% | 0.01% |
| 2019 | $1.48B | $174.00M | $1.31B | 0.27B | -2.6% | 3.69% |
| 2018 | $1.02B | $167.00M | $850.00M | 0.27B | 0.7% | 1.54% |
| 2017 | $509.00M | $154.00M | $355.00M | 0.27B | -3.2% | 0.98% |
| 2016 | $2.72B | $144.00M | $2.58B | 0.28B | -2.8% | 6.21% |
| 2015 | $1.25B | $133.00M | $1.12B | 0.29B | -7.4% | 2.53% |
| 2014 | $4.86B | $117.00M | $4.74B | 0.31B | -2.2% | 11.80% |
| 2013 | $246.00M | $109.00M | $137.00M | 0.32B | 0.0% | 0.81% |
| 2012 | $197.00M | $105.00M | $92.00M | 0.32B | 0.0% | 0.70% |
| 2011 | $0.00 | $98.00M | −$98.00M | 0.32B | 1.0% | — |
| 2010 | $0.00 | $101.00M | −$101.00M | 0.31B | 0.6% | — |
| 2009 | $0.00 | $99.00M | −$99.00M | 0.31B | 0.0% | — |
| 2008 | $0.00 | $101.00M | −$101.00M | 0.31B | 0.3% | — |
| 2007 | $0.00 | $103.00M | −$103.00M | 0.31B | 0.4% | — |
| 2006 | $0.00 | $0.00 | $0.00 | 0.31B | 0.9% | — |
| 2005 | $0.00 | $0.00 | $0.00 | 0.31B | 1.1% | — |
| 2004 | $179.00M | $0.00 | $179.00M | 0.30B | 0.2% | 0.81% |
| 2003 | $186.00M | $0.00 | $186.00M | 0.30B | -0.2% | 0.98% |
| 2002 | $177.00M | $0.00 | $177.00M | 0.30B | 3.4% | 1.10% |
| 2001 | $0.00 | $0.00 | $0.00 | 0.29B | -1.0% | — |
| 2000 | $607.00M | $0.00 | $607.00M | 0.30B | -1.4% | — |
| 1999 | $8.17M | $0.00 | $8.17M | 0.30B | 1.0% | — |
| 1998 | $0.00 | $0.00 | $0.00 | 0.30B | 1.1% | — |
| 1997 | $0.00 | $0.00 | $0.00 | 0.29B | 28.8% | — |
| 1996 | $12.40M | $0.00 | $12.40M | 0.23B | — | — |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1993 | $500.00K | $0.00 | $500.00K | — | — | — |
| 1992 | $3.10M | $0.00 | $3.10M | — | — | — |
| 1991 | $23.60M | $0.00 | $23.60M | — | — | — |
| 1990 | $17.70M | $0.00 | $17.70M | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)43% of headroom
Headroom $3.01B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does FedEx buy back its own stock?
- Yes, FedEx (FDX) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does FedEx spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $1.30B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is FedEx's buyback yield?
- TTM buyback yield is about 1.38% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is FedEx's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 1.38% combined (TTM-based where available).
Is FedEx 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 FedEx's share count changed?
- Diluted weighted average shares changed by about -7.3% over roughly five fiscal years (annual income statement data).