PepsiCo (PEP) Stock Buyback History
TTM buyback yield 0.51% · Shareholder yield (TTM) 0.51%.
PepsiCo
PEP
TTM buyback yield
0.51%
Shareholder yield (TTM)
0.51%
5Y share count change
-1.4%
TTM buyback spend
$1.00B
SBC coverage (TTM)
3.47x
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: 3.47x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $1.00B | $288.00M | $712.00M | 1.37B | -0.4% | 0.51% |
| 2024 | $1.00B | $362.00M | $638.00M | 1.38B | -0.4% | 0.48% |
| 2023 | $1.00B | $380.00M | $620.00M | 1.38B | -0.3% | 0.43% |
| 2022 | $1.50B | $343.00M | $1.16B | 1.39B | -0.1% | 0.60% |
| 2021 | $106.00M | $301.00M | −$195.00M | 1.39B | -0.2% | 0.04% |
| 2020 | $2.00B | $264.00M | $1.74B | 1.39B | -1.1% | 0.98% |
| 2019 | $3.00B | $237.00M | $2.76B | 1.41B | -1.3% | 1.58% |
| 2018 | $2.00B | $256.00M | $1.74B | 1.43B | -0.9% | 1.28% |
| 2017 | $2.00B | $292.00M | $1.71B | 1.44B | -1.0% | 1.18% |
| 2016 | $3.01B | $284.00M | $2.72B | 1.45B | -2.2% | 2.01% |
| 2015 | $5.00B | $295.00M | $4.71B | 1.49B | -2.8% | 3.46% |
| 2014 | $5.01B | $294.00M | $4.72B | 1.53B | -2.1% | 3.56% |
| 2013 | $3.01B | $303.00M | $2.71B | 1.56B | -1.0% | 2.37% |
| 2012 | $3.23B | $273.00M | $2.95B | 1.57B | -1.4% | 3.05% |
| 2011 | $2.50B | $326.00M | $2.17B | 1.60B | -1.1% | 2.39% |
| 2010 | $4.98B | $299.00M | $4.68B | 1.61B | 2.3% | 4.82% |
| 2009 | $7.00M | $227.00M | −$220.00M | 1.58B | -1.6% | 0.01% |
| 2008 | $4.73B | $238.00M | $4.49B | 1.60B | -3.4% | 5.58% |
| 2007 | $4.31B | $260.00M | $4.05B | 1.66B | -1.7% | 3.53% |
| 2006 | $3.01B | $270.00M | $2.74B | 1.69B | -1.1% | 2.95% |
| 2005 | $3.03B | $0.00 | $3.03B | 1.71B | -1.1% | 3.06% |
| 2004 | $3.06B | $0.00 | $3.06B | 1.73B | -0.8% | 3.52% |
| 2003 | $1.95B | $0.00 | $1.95B | 1.74B | -2.5% | 2.45% |
| 2002 | $2.19B | $0.00 | $2.19B | 1.78B | -1.0% | 3.00% |
| 2001 | $1.73B | $0.00 | $1.73B | 1.80B | 0.6% | 1.98% |
| 2000 | $1.68B | $0.00 | $1.68B | 1.79B | 19.7% | — |
| 1999 | $1.67B | $0.00 | $1.67B | 1.50B | -1.5% | — |
| 1998 | $2.23B | $0.00 | $2.23B | 1.52B | -3.2% | — |
| 1997 | $2.46B | $0.00 | $2.46B | 1.57B | -2.2% | — |
| 1996 | $1.65B | $0.00 | $1.65B | 1.61B | — | — |
| 1995 | $541.00M | $0.00 | $541.00M | — | — | — |
| 1994 | $549.10M | $0.00 | $549.10M | — | — | — |
| 1993 | $463.50M | $0.00 | $463.50M | — | — | — |
| 1992 | $32.00M | $0.00 | $32.00M | — | — | — |
| 1991 | $195.20M | $0.00 | $195.20M | — | — | — |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1989 | $0.00 | $0.00 | $0.00 | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)100% of headroom
Headroom $34.00M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does PepsiCo buy back its own stock?
- Yes, PepsiCo (PEP) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does PepsiCo spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $1.00B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is PepsiCo's buyback yield?
- TTM buyback yield is about 0.51% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is PepsiCo's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 0.51% combined (TTM-based where available).
Is PepsiCo 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 PepsiCo's share count changed?
- Diluted weighted average shares changed by about -1.4% over roughly five fiscal years (annual income statement data).