Buyback yield (TTM)
0.84%
Shareholder yield (TTM)
1.03%
5Y share count change
-10.9%
Buyback spend (TTM)
$12B
Cumulative buybacks
$174B
Key takeaways
- Meta (META) repurchased about $12B of stock over the trailing twelve months.
- Diluted share count is down 10.9% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 0.48× — repurchases only partially offset SBC dilution.
- Cash buyback spend has compounded at +33.1% per year over the latest 5-year window.
- TTM repurchases used about 31% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Meta (META)
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 Meta (META)
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 Meta (META)
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 Meta (META)
Latest: $26.2B
Overview
The 2025 reading of Meta (META) buyback spend is $26.2B – declined 12.9% year-over-year.
Meta buyback spend has grown on net over the period, with a +33.1% compound annual growth rate over 2020–2025 (5 years).
Between 2021 and 2025, Meta buyback spend plunged 41.1%, falling from $44.5B to $26.2B.
$44.5B stands as the all-time-high annual buyback spend, posted in 2021, against a low of $0.00 during 2009.
Meta Buyback Spend 2025: $26.2B
Meta posted buyback spend of $26.2B in 2025, declined 12.9% below 2024.
Meta Buyback Spend 2024: $30.1B
In 2024, Meta reported buyback spend of $30.1B, surged 52.3% from 2023.
Meta Buyback Spend 2023: $19.8B
Meta buyback spend in 2023 was $19.8B, declined 29.3% below 2022.
Meta Buyback Spend 2022: $28B
2022's buyback spend for Meta came in at $28B, plunged 37.2% below 2021.
Meta Buyback Spend 2021: $44.5B
Meta buyback spend in 2021 was $44.5B.
See more financial history for Meta (META).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $26.2B | $20.4B | $5.82B | 1.58% | 2.57B | -1.5% | |
| 2024 | $30.1B | $16.7B | $13.4B | 2.03% | 2.61B | -0.6% | |
| 2023 | $19.8B | $14B | $5.75B | 2.18% | 2.63B | -2.7% | |
| 2022 | $28B | $12B | $16B | 8.81% | 2.7B | -5.5% | |
| 2021 | $44.5B | $9.16B | $35.4B | 4.73% | 2.86B | -1.0% | |
| 2020 | $6.27B | $6.54B | -$264M | 0.79% | 2.89B | +0.4% | |
| 2019 | $4.2B | $4.84B | -$634M | 0.71% | 2.88B | -1.5% | |
| 2018 | $12.9B | $4.15B | $8.73B | 3.40% | 2.92B | -1.2% | |
| 2017 | $1.98B | $3.72B | -$1.75B | 0.38% | 2.96B | +1.1% | |
| 2016 | $6M | $3.22B | -$3.21B | 0.00% | 2.93B | +2.5% | |
| 2015 | $20M | $2.96B | -$2.94B | 0.01% | 2.85B | +7.1% | |
| 2014 | $0.00 | $1.79B | -$1.79B | — | 2.66B | +5.8% | |
| 2013 | $0.00 | $906M | -$906M | — | 2.52B | -21.3% | |
| 2012 | $0.00 | $1.57B | -$1.57B | — | 3.2B | +36.3% | |
| 2011 | $0.00 | $217M | -$217M | — | 2.35B | +0.0% | |
| 2010 | $0.00 | $20M | -$20M | — | 2.35B | +9.8% | |
| 2009 | $0.00 | $0.00 | $0.00 | — | 2.14B | — |
- 2025$26.2B
- 2024$30.1B
- 2023$19.8B
- 2022$28B
- 2021$44.5B
- 2020$6.27B
- 2019$4.2B
- 2018$12.9B
- 2017$1.98B
- 2016$6M
- 2015$20M
- 2014$0.00
- 2013$0.00
- 2012$0.00
- 2011$0.00
- 2010$0.00
- 2009$0.00
Buybacks vs stock-based compensation for Meta (META)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 0.48×.
Buybacks vs dividends (share of cash returned) for Meta (META)
How Meta splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Meta, ranked by their latest buyback spend.
| $45.7B | |
| $9.97B | |
| $9.13B | |
| $6.58B | |
| $3.5B | |
| $511M | |
| $0.00 | |
| $0.00 |
- $45.7B
- $9.97B
- $9.13B
- $6.58B
- $3.5B
- $511M
- $0.00
- $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 $38.3B (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
How this company returns cash to shareholders — buybacks, dividends, and stock splits.