Johnson & Johnson (JNJ) Stock Buyback History
TTM buyback yield 0.80% · Shareholder yield (TTM) 0.80%.
TTM buyback yield
0.80%
Shareholder yield (TTM)
0.80%
5Y share count change
-9.0%
TTM buyback spend
$4.05B
SBC coverage (TTM)
2.99x
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: 2.99x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $5.95B | $1.35B | $4.60B | 2.43B | 0.0% | 1.18% |
| 2024 | $2.43B | $1.18B | $1.26B | 2.43B | -5.1% | 0.70% |
| 2023 | $5.05B | $1.16B | $3.89B | 2.56B | -3.9% | 1.34% |
| 2022 | $6.04B | $1.14B | $4.90B | 2.66B | -0.4% | 1.31% |
| 2021 | $3.46B | $1.14B | $2.32B | 2.67B | 0.1% | 0.77% |
| 2020 | $3.22B | $1.00B | $2.22B | 2.67B | -0.5% | 0.78% |
| 2019 | $6.75B | $977.00M | $5.77B | 2.68B | -1.6% | 1.76% |
| 2018 | $5.87B | $978.00M | $4.89B | 2.73B | -0.6% | 1.67% |
| 2017 | $6.36B | $962.00M | $5.40B | 2.75B | -1.6% | 1.69% |
| 2016 | $8.98B | $878.00M | $8.10B | 2.79B | -0.9% | 2.88% |
| 2015 | $5.29B | $874.00M | $4.42B | 2.81B | -1.8% | 1.87% |
| 2014 | $7.12B | $792.00M | $6.33B | 2.86B | -0.5% | 2.45% |
| 2013 | $3.54B | $728.00M | $2.81B | 2.88B | 2.3% | 1.37% |
| 2012 | $12.92B | $662.00M | $12.26B | 2.81B | 1.3% | 6.63% |
| 2011 | $2.52B | $621.00M | $1.90B | 2.78B | -0.5% | 1.41% |
| 2010 | $2.80B | $614.00M | $2.18B | 2.79B | -0.0% | 1.65% |
| 2009 | $2.13B | $628.00M | $1.50B | 2.79B | -1.6% | 1.20% |
| 2008 | $6.65B | $627.00M | $6.02B | 2.84B | -2.6% | 4.01% |
| 2007 | $5.61B | $698.00M | $4.91B | 2.91B | -1.8% | 2.94% |
| 2006 | $6.72B | $0.00 | $6.72B | 2.96B | -1.3% | 3.50% |
| 2005 | $1.72B | $0.00 | $1.72B | 3.00B | 0.6% | 0.96% |
| 2004 | $1.38B | $0.00 | $1.38B | 2.99B | -5.0% | 0.74% |
| 2003 | $1.18B | $0.00 | $1.18B | 3.14B | 2.9% | 0.77% |
| 2002 | $6.54B | $0.00 | $6.54B | 3.05B | -0.9% | 4.09% |
| 2001 | $2.57B | $0.00 | $2.57B | 3.08B | -0.6% | 1.43% |
| 2000 | $973.00M | $0.00 | $973.00M | 3.10B | 0.8% | — |
| 1999 | $840.00M | $0.00 | $840.00M | 3.07B | 8.5% | — |
| 1998 | $930.00M | $0.00 | $930.00M | 2.83B | 3.4% | — |
| 1997 | $628.00M | $0.00 | $628.00M | 2.74B | 0.5% | — |
| 1996 | $412.00M | $0.00 | $412.00M | 2.73B | — | — |
| 1995 | $322.00M | $0.00 | $322.00M | — | — | — |
| 1994 | $185.00M | $0.00 | $185.00M | — | — | — |
| 1993 | $632.00M | $0.00 | $632.00M | — | — | — |
| 1992 | $740.00M | $0.00 | $740.00M | — | — | — |
| 1991 | $222.00M | $0.00 | $222.00M | — | — | — |
| 1990 | $209.00M | $0.00 | $209.00M | — | — | — |
| 1989 | $153.00M | $0.00 | $153.00M | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)55% of headroom
Headroom $7.32B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Johnson & Johnson buy back its own stock?
- Yes, Johnson & Johnson (JNJ) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Johnson & Johnson spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $4.05B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Johnson & Johnson's buyback yield?
- TTM buyback yield is about 0.80% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Johnson & Johnson's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 0.80% combined (TTM-based where available).
Is Johnson & Johnson 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 Johnson & Johnson's share count changed?
- Diluted weighted average shares changed by about -9.0% over roughly five fiscal years (annual income statement data).