McKesson (MCK) Stock Buyback History
TTM buyback yield 2.12% · Shareholder yield (TTM) 2.12%.

McKesson
MCK
TTM buyback yield
2.12%
Shareholder yield (TTM)
2.12%
5Y share count change
-29.6%
TTM buyback spend
$2.14B
SBC coverage (TTM)
N/A
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: N/A (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $3.15B | $0.00 | $3.15B | 0.13B | -4.5% | 3.73% |
| 2024 | $3.02B | $0.00 | $3.02B | 0.13B | -5.7% | 4.31% |
| 2023 | $3.64B | $162.00M | $3.48B | 0.14B | -7.7% | 7.46% |
| 2022 | $3.52B | $161.00M | $3.35B | 0.15B | -4.0% | 7.80% |
| 2021 | $742.00M | $0.00 | $742.00M | 0.16B | -11.8% | 2.40% |
| 2020 | $1.93B | $0.00 | $1.93B | 0.18B | -7.8% | 8.26% |
| 2019 | $1.64B | $0.00 | $1.64B | 0.20B | -5.6% | 7.22% |
| 2018 | $1.71B | $69.00M | $1.64B | 0.21B | -6.3% | 5.92% |
| 2017 | $2.31B | $115.00M | $2.20B | 0.22B | -4.3% | 7.35% |
| 2016 | $1.61B | $123.00M | $1.49B | 0.23B | -0.9% | 4.52% |
| 2015 | $450.00M | $174.00M | $276.00M | 0.23B | 0.9% | 0.86% |
| 2014 | $130.00M | $160.00M | −$30.00M | 0.23B | -2.5% | 0.32% |
| 2013 | $1.21B | $167.00M | $1.05B | 0.24B | -4.8% | 4.96% |
| 2012 | $1.87B | $154.00M | $1.72B | 0.25B | -4.6% | 9.05% |
| 2011 | $2.05B | $137.00M | $1.91B | 0.26B | -3.7% | 10.41% |
| 2010 | $323.00M | $114.00M | $209.00M | 0.27B | -2.2% | 1.85% |
| 2009 | $502.00M | $99.00M | $403.00M | 0.28B | -6.4% | 5.31% |
| 2008 | $1.70B | $91.00M | $1.61B | 0.30B | -2.3% | 11.71% |
| 2007 | $1.00B | $0.00 | $1.00B | 0.30B | -3.5% | 5.81% |
| 2006 | $958.00M | $0.00 | $958.00M | 0.32B | 7.5% | 6.09% |
| 2005 | $0.00 | $0.00 | $0.00 | 0.29B | -1.7% | — |
| 2004 | $156.80M | $0.00 | $156.80M | 0.30B | 0.1% | 1.80% |
| 2003 | $25.00M | $0.00 | $25.00M | 0.30B | 0.2% | 0.35% |
| 2002 | $44.20M | $0.00 | $44.20M | 0.30B | 5.3% | 0.41% |
| 2001 | $65.60M | $0.00 | $65.60M | 0.28B | -0.4% | 0.87% |
| 2000 | $0.00 | $0.00 | $0.00 | 0.28B | 3.3% | — |
| 1999 | $0.00 | $0.00 | $0.00 | 0.28B | 187.8% | — |
| 1998 | $0.00 | $0.00 | $0.00 | 0.10B | 13.3% | — |
| 1997 | $157.90M | $0.00 | $157.90M | 0.08B | -9.6% | — |
| 1996 | $62.70M | $0.00 | $62.70M | 0.09B | — | — |
| 1995 | $3.10M | $0.00 | $3.10M | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)22% of headroom
Headroom $9.72B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does McKesson buy back its own stock?
- Yes, McKesson (MCK) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does McKesson spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $2.14B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is McKesson's buyback yield?
- TTM buyback yield is about 2.12% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is McKesson's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 2.12% combined (TTM-based where available).
Is McKesson 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 McKesson's share count changed?
- Diluted weighted average shares changed by about -29.6% over roughly five fiscal years (annual income statement data).