Buyback yield (TTM)
1.18%
Shareholder yield (TTM)
6.65%
5Y share count change
2.1%
Buyback spend (TTM)
$2.50B
Cumulative buybacks
$18.76B
Key takeaways
- Verizon (VZ) repurchased about $2.50B of stock over the trailing twelve months.
- Diluted share count is up 2.1% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- TTM repurchases used about 29% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Verizon (VZ)
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 Verizon (VZ)
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 Verizon (VZ)
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 Verizon (VZ)
Latest: $0.00
Overview
As of the 2025 fiscal year, Verizon (VZ) reported buyback spend of $0.00.
Over 2015–2025 (10 years), Verizon buyback spend expanded at a -100.0% compound annual rate, with a net decline across the window.
Verizon buyback spend peaked at $5.13B in 2015; the latest annual figure is $0.00 in 2025 (100.0% below peak).
$5.13B stands as the all-time-high annual buyback spend, posted in 2015, against a low of $0.00 during 1993.
Verizon Buyback Spend 2025: $0.00
Verizon buyback spend in 2025 was $0.00.
Verizon Buyback Spend 2024: $0.00
Verizon buyback spend in 2024 was $0.00.
Verizon Buyback Spend 2023: $0.00
Verizon buyback spend in 2023 was $0.00.
Verizon Buyback Spend 2022: $0.00
Verizon buyback spend in 2022 was $0.00.
Verizon Buyback Spend 2021: $0.00
Verizon buyback spend in 2021 was $0.00.
See more financial history for Verizon (VZ).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $0.00 | $0.00 | $0.00 | — | 4.23B | +0.3% | |
| 2024 | $0.00 | $0.00 | $0.00 | — | 4.22B | +0.1% | |
| 2023 | $0.00 | $0.00 | $0.00 | — | 4.21B | +0.3% | |
| 2022 | $0.00 | $609.00M | −$609.00M | — | 4.20B | +1.3% | |
| 2021 | $0.00 | $0.00 | $0.00 | — | 4.15B | +0.2% | |
| 2020 | $0.00 | $0.00 | $0.00 | — | 4.14B | +0.0% | |
| 2019 | $0.00 | $0.00 | $0.00 | — | 4.14B | +0.2% | |
| 2018 | $0.00 | $0.00 | $0.00 | — | 4.13B | +1.1% | |
| 2017 | $0.00 | $384.00M | −$384.00M | — | 4.09B | +0.1% | |
| 2016 | $0.00 | $400.00M | −$400.00M | — | 4.09B | -0.2% | |
| 2015 | $5.13B | $300.00M | $4.83B | 2.73% | 4.09B | +2.8% | |
| 2014 | $0.00 | $300.00M | −$300.00M | — | 3.98B | +38.5% | |
| 2013 | $153.00M | $400.00M | −$247.00M | 0.11% | 2.87B | +0.4% | |
| 2012 | $0.00 | $700.00M | −$700.00M | — | 2.86B | +0.8% | |
| 2011 | $0.00 | $0.00 | $0.00 | — | 2.84B | +0.2% | |
| 2010 | $0.00 | $0.00 | $0.00 | — | 2.83B | -0.3% | |
| 2009 | $0.00 | $0.00 | $0.00 | — | 2.84B | -0.3% | |
| 2008 | $1.37B | $0.00 | $1.37B | 1.52% | 2.85B | -1.8% | |
| 2007 | $2.84B | $0.00 | $2.84B | 2.38% | 2.90B | -1.2% | |
| 2006 | $1.70B | $0.00 | $1.70B | 1.65% | 2.94B | +4.3% | |
| 2005 | $271.00M | $0.00 | $271.00M | 0.34% | 2.82B | -0.5% | |
| 2004 | $370.00M | $0.00 | $370.00M | 0.36% | 2.83B | -0.0% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 2.83B | +1.5% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 2.79B | +2.2% | |
| 2001 | $18.00M | $0.00 | $18.00M | 0.02% | 2.73B | -0.2% | |
| 2000 | $2.29B | $0.00 | $2.29B | — | 2.73B | -1.5% | |
| 1999 | $2.04B | $0.00 | $2.04B | — | 2.78B | +76.0% | |
| 1998 | $1.00B | $0.00 | $1.00B | — | 1.58B | +0.9% | |
| 1997 | $929.80M | $0.00 | $929.80M | — | 1.56B | +65.2% | |
| 1996 | $118.30M | $0.00 | $118.30M | — | 0.95B | — | |
| 1995 | $11.20M | $0.00 | $11.20M | — | — | — | |
| 1994 | $8.70M | $0.00 | $8.70M | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $100.00K | $0.00 | $100.00K | — | — | — | |
| 1991 | $15.30M | $0.00 | $15.30M | — | — | — | |
| 1990 | $103.00M | $0.00 | $103.00M | — | — | — | |
| 1989 | $380.30M | $0.00 | $380.30M | — | — | — |
- 2025$0.00
- 2024$0.00
- 2023$0.00
- 2022$0.00
- 2021$0.00
- 2020$0.00
- 2019$0.00
- 2018$0.00
- 2017$0.00
- 2016$0.00
- 2015$5.13B
- 2014$0.00
- 2013$153.00M
- 2012$0.00
- 2011$0.00
- 2010$0.00
- 2009$0.00
- 2008$1.37B
- 2007$2.84B
- 2006$1.70B
- 2005$271.00M
- 2004$370.00M
- 2003$0.00
- 2002$0.00
- 2001$18.00M
- 2000$2.29B
- 1999$2.04B
- 1998$1.00B
- 1997$929.80M
- 1996$118.30M
- 1995$11.20M
- 1994$8.70M
- 1993$0.00
- 1992$100.00K
- 1991$15.30M
- 1990$103.00M
- 1989$380.30M
Buybacks vs stock-based compensation for Verizon (VZ)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: N/A.
Buybacks vs dividends (share of cash returned) for Verizon (VZ)
How Verizon splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Verizon, ranked by their latest buyback spend.
| $45.71B | |
| $26.25B | |
| $9.97B | |
| $9.13B | |
| $7.16B | |
| $4.50B | |
| $3.50B | |
| $510.99M |
- $45.71B
- $26.25B
- $9.97B
- $9.13B
- $7.16B
- $4.50B
- $3.50B
- $510.99M
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 $8.52B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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