Buyback yield (TTM)
5.59%
Shareholder yield (TTM)
11.27%
5Y share count change
-32.9%
Buyback spend (TTM)
$1.07B
Cumulative buybacks
$111.59B
Key takeaways
- HP (HPQ) repurchased about $1.07B of stock over the trailing twelve months.
- Diluted share count is down 32.9% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 2.22× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at -22.8% per year over the latest 5-year window.
- TTM repurchases used about 40% of free cash flow remaining after dividends.
Dividend & buyback yield over time for HP (HPQ)
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 HP (HPQ)
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 HP (HPQ)
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 HP (HPQ)
Latest: $850.00M
Overview
The 2025 reading of HP (HPQ) buyback spend is $850.00M – plunged 59.5% year-over-year.
Across 2020–2025 (5 years), HP buyback spend produced a CAGR of -22.8% – with a net decline across the window.
HP buyback spend plunged from $11.04B in 2010 to $850.00M in 2025, a 92.3% drawdown.
2010 marks the peak buyback spend at $11.04B, with the historical low of $0.00 recorded in 1990.
HP Buyback Spend 2025: $850.00M
2025's buyback spend for HP came in at $850.00M, plunged 59.5% below 2024.
HP Buyback Spend 2024: $2.10B
HP posted buyback spend of $2.10B in 2024, surged 2000.0% from 2023.
HP Buyback Spend 2023: $100.00M
In 2023, HP reported buyback spend of $100.00M, plunged 97.7% below 2022.
HP Buyback Spend 2022: $4.30B
HP buyback spend in 2022 was $4.30B, plunged 31.2% below 2021.
HP Buyback Spend 2021: $6.25B
HP buyback spend in 2021 was $6.25B.
See more financial history for HP (HPQ).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $850.00M | $522.00M | $328.00M | 3.27% | 0.95B | -3.6% | |
| 2024 | $2.10B | $452.00M | $1.65B | 6.04% | 0.99B | -1.1% | |
| 2023 | $100.00M | $438.00M | −$338.00M | 0.38% | 1.00B | -4.8% | |
| 2022 | $4.30B | $343.00M | $3.95B | 15.88% | 1.05B | -13.9% | |
| 2021 | $6.25B | $330.00M | $5.92B | 17.73% | 1.22B | -14.1% | |
| 2020 | $3.11B | $278.00M | $2.83B | 12.84% | 1.42B | -6.8% | |
| 2019 | $2.40B | $297.00M | $2.11B | 9.38% | 1.52B | -6.7% | |
| 2018 | $2.56B | $268.00M | $2.29B | 6.71% | 1.63B | -4.0% | |
| 2017 | $1.41B | $224.00M | $1.19B | 3.92% | 1.70B | -2.4% | |
| 2016 | $1.16B | $182.00M | $979.00M | 4.68% | 1.74B | -5.1% | |
| 2015 | $2.88B | $709.00M | $2.17B | 13.07% | 1.84B | -4.0% | |
| 2014 | $2.73B | $560.00M | $2.17B | 8.99% | 1.91B | -1.9% | |
| 2013 | $1.53B | $500.00M | $1.03B | 7.22% | 1.95B | -1.2% | |
| 2012 | $1.62B | $635.00M | $984.00M | 13.18% | 1.97B | -7.2% | |
| 2011 | $10.12B | $685.00M | $9.43B | 42.28% | 2.13B | -10.3% | |
| 2010 | $11.04B | $668.00M | $10.37B | 26.23% | 2.37B | -2.7% | |
| 2009 | $5.14B | $635.00M | $4.50B | 10.12% | 2.44B | -5.1% | |
| 2008 | $9.62B | $606.00M | $9.01B | 22.97% | 2.57B | -5.5% | |
| 2007 | $10.89B | $629.00M | $10.26B | 18.13% | 2.72B | -4.8% | |
| 2006 | $7.78B | $536.00M | $7.24B | 16.35% | 2.85B | -2.0% | |
| 2005 | $3.51B | $0.00 | $3.51B | 9.78% | 2.91B | -4.8% | |
| 2004 | $3.31B | $0.00 | $3.31B | 13.36% | 3.06B | -0.3% | |
| 2003 | $751.00M | $0.00 | $751.00M | 2.44% | 3.06B | +22.6% | |
| 2002 | $671.00M | $0.00 | $671.00M | 3.12% | 2.50B | +26.6% | |
| 2001 | $1.24B | $0.00 | $1.24B | 8.38% | 1.97B | -5.0% | |
| 2000 | $5.57B | $0.00 | $5.57B | — | 2.08B | -1.3% | |
| 1999 | $2.64B | $0.00 | $2.64B | — | 2.10B | -1.8% | |
| 1998 | $2.42B | $0.00 | $2.42B | — | 2.14B | +1.4% | |
| 1997 | $724.00M | $0.00 | $724.00M | — | 2.11B | +0.5% | |
| 1996 | $1.09B | $0.00 | $1.09B | — | 2.10B | — | |
| 1995 | $686.00M | $0.00 | $686.00M | — | — | — | |
| 1994 | $325.00M | $0.00 | $325.00M | — | — | — | |
| 1993 | $314.00M | $0.00 | $314.00M | — | — | — | |
| 1992 | $530.00M | $0.00 | $530.00M | — | — | — | |
| 1991 | $79.00M | $0.00 | $79.00M | — | — | — | |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1989 | $140.00M | $0.00 | $140.00M | — | — | — |
- 2025$850.00M
- 2024$2.10B
- 2023$100.00M
- 2022$4.30B
- 2021$6.25B
- 2020$3.11B
- 2019$2.40B
- 2018$2.56B
- 2017$1.41B
- 2016$1.16B
- 2015$2.88B
- 2014$2.73B
- 2013$1.53B
- 2012$1.62B
- 2011$10.12B
- 2010$11.04B
- 2009$5.14B
- 2008$9.62B
- 2007$10.89B
- 2006$7.78B
- 2005$3.51B
- 2004$3.31B
- 2003$751.00M
- 2002$671.00M
- 2001$1.24B
- 2000$5.57B
- 1999$2.64B
- 1998$2.42B
- 1997$724.00M
- 1996$1.09B
- 1995$686.00M
- 1994$325.00M
- 1993$314.00M
- 1992$530.00M
- 1991$79.00M
- 1990$0.00
- 1989$140.00M
Buybacks vs stock-based compensation for HP (HPQ)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 2.22×.
Buybacks vs dividends (share of cash returned) for HP (HPQ)
How HP splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as HP, ranked by their latest buyback spend.
| $90.71B | |
| $40.09B | |
| $18.42B | |
| $6.65B | |
| $6.31B | |
| $1.32B | |
| $0.00 | |
| $0.00 |
- $90.71B
- $40.09B
- $18.42B
- $6.65B
- $6.31B
- $1.32B
- $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 $2.69B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation