Walmart (WMT) Stock Buyback History
TTM buyback yield 0.85% · Shareholder yield (TTM) 0.85%.
WMT
TTM buyback yield
0.85%
Shareholder yield (TTM)
0.85%
5Y share count change
-6.1%
TTM buyback spend
$8.09B
SBC coverage (TTM)
N/A
YoY change in spend
+80.0%
5Y CAGR of spend
+25.2%
Peak year (2011)
$14.78B
Cumulative spend
$149.35B
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- Walmart (WMT) repurchased about $8.09B of stock over the trailing twelve months.
- Diluted share count is down 6.1% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- Cash buyback spend has compounded at +25.2% per year over the latest 5-year window.
- TTM repurchases used about 109% of free cash flow remaining after dividends.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2026 | $8.09B | $0.00 | $8.09B | 8.02B | -0.7% | 0.85% |
| 2025 | $4.49B | $0.00 | $4.49B | 8.08B | -0.3% | 0.57% |
| 2024 | $2.78B | $0.00 | $2.78B | 8.11B | -1.1% | 0.63% |
| 2023 | $9.92B | $0.00 | $9.92B | 8.20B | -2.5% | 2.56% |
| 2022 | $9.79B | $0.00 | $9.79B | 8.41B | -1.5% | 2.53% |
| 2021 | $2.63B | $1.16B | $1.46B | 8.54B | -0.7% | 0.67% |
| 2020 | $5.72B | $0.00 | $5.72B | 8.60B | -2.6% | 1.76% |
| 2019 | $7.41B | $0.00 | $7.41B | 8.84B | -2.2% | 2.67% |
| 2018 | $8.30B | $626.00M | $7.67B | 9.03B | -3.3% | 2.63% |
| 2017 | $8.30B | $596.00M | $7.70B | 9.34B | -3.3% | 4.06% |
| 2016 | $4.11B | $448.00M | $3.66B | 9.65B | -0.8% | 1.91% |
| 2015 | $1.01B | $0.00 | $1.01B | 9.73B | -1.2% | 0.37% |
| 2014 | $6.68B | $388.00M | $6.29B | 9.85B | -3.1% | 2.76% |
| 2013 | $7.60B | $378.00M | $7.22B | 10.17B | -2.4% | 3.25% |
| 2012 | $6.30B | $0.00 | $6.30B | 10.42B | -5.3% | 3.00% |
| 2011 | $14.78B | $0.00 | $14.78B | 11.01B | -5.3% | 7.43% |
| 2010 | $7.28B | $0.00 | $7.28B | 11.63B | -1.9% | 3.57% |
| 2009 | $3.52B | $0.00 | $3.52B | 11.85B | -3.0% | 1.90% |
| 2008 | $7.69B | $0.00 | $7.69B | 12.22B | -2.3% | 3.83% |
| 2007 | $1.72B | $0.00 | $1.72B | 12.50B | -0.5% | 0.87% |
| 2006 | $3.58B | $0.00 | $3.58B | 12.56B | -1.8% | 1.86% |
| 2005 | $4.55B | $0.00 | $4.55B | 12.80B | -2.4% | 2.05% |
| 2004 | $5.05B | $0.00 | $5.05B | 13.12B | -1.6% | 2.18% |
| 2003 | $3.38B | $0.00 | $3.38B | 13.34B | -0.8% | 1.61% |
| 2002 | $1.21B | $0.00 | $1.21B | 13.44B | -0.1% | 0.45% |
| 2001 | $193.00M | $0.00 | $193.00M | 13.45B | 0.2% | 0.08% |
| 2000 | $101.00M | $0.00 | $101.00M | 13.42B | -0.2% | — |
| 1999 | $1.20B | $0.00 | $1.20B | 13.46B | -1.1% | — |
| 1998 | $1.57B | $0.00 | $1.57B | 13.60B | -1.3% | — |
| 1997 | $208.00M | $0.00 | $208.00M | 13.78B | — | — |
| 1996 | $105.00M | $0.00 | $105.00M | — | — | — |
| 1995 | $68.00M | $0.00 | $68.00M | — | — | — |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1991 | $25.80M | $0.00 | $25.80M | — | — | — |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for Walmart (WMT) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for Walmart (WMT)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for Walmart (WMT)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2026 | $8.09B | +80.0% | +$3.59B | ||
| 2025 | $4.49B | +61.7% | +$1.72B | ||
| 2024 | $2.78B | -72.0% | -$7.14B | ||
| 2023 | $9.92B | +1.4% | +$133.00M | ||
| 2022 | $9.79B | +272.8% | +$7.16B | ||
| 2021 | $2.63B | -54.1% | -$3.09B | ||
| 2020 | $5.72B | -22.8% | -$1.69B | ||
| 2019 | $7.41B | -10.7% | -$886.00M | ||
| 2018 | $8.30B | -0.0% | -$2.00M | ||
| 2017 | $8.30B | +101.8% | +$4.19B | ||
| 2016 | $4.11B | +305.1% | +$3.10B | ||
| 2015 | $1.01B | -84.8% | -$5.67B | ||
| 2014 | $6.68B | -12.1% | -$917.00M | ||
| 2013 | $7.60B | +20.7% | +$1.30B | ||
| 2012 | $6.30B | -57.4% | -$8.48B | ||
| 2011 | $14.78B | +103.1% | +$7.50B | ||
| 2010 | $7.28B | +106.6% | +$3.75B | ||
| 2009 | $3.52B | -54.2% | -$4.17B | ||
| 2008 | $7.69B | +347.7% | +$5.97B | ||
| 2007 | $1.72B | -52.0% | -$1.86B | ||
| 2006 | $3.58B | -21.3% | -$969.00M | ||
| 2005 | $4.55B | -9.8% | -$497.00M | ||
| 2004 | $5.05B | +49.2% | +$1.66B | ||
| 2003 | $3.38B | +178.7% | +$2.17B | ||
| 2002 | $1.21B | +529.0% | +$1.02B | ||
| 2001 | $193.00M | +91.1% | +$92.00M | ||
| 2000 | $101.00M | -91.6% | -$1.10B | ||
| 1999 | $1.20B | -23.4% | -$367.00M | ||
| 1998 | $1.57B | +654.3% | +$1.36B | ||
| 1997 | $208.00M | +98.1% | +$103.00M | ||
| 1996 | $105.00M | +54.4% | +$37.00M | ||
| 1995 | $68.00M | — | +$68.00M | ||
| 1994 | $0 | — | $0 | ||
| 1993 | $0 | — | $0 | ||
| 1992 | $0 | -100.0% | -$25.80M | ||
| 1991 | $25.80M | — | +$25.80M | ||
| 1990 | $0 | — | — |
As of the 2026 fiscal year, Walmart (WMT) reported buyback spend of $8.09B – surged 80.0% year-over-year.
Over 2021–2026 (5 years), Walmart buyback spend expanded at a +25.2% compound annual rate, sustaining 2 straight years of year-over-year growth.
Walmart buyback spend plunged from $14.78B in 2011 to $8.09B in 2026, a 45.3% drawdown.
2011 marks the peak buyback spend at $14.78B, with the historical low of $0 recorded in 1990.
Among 8 Consumer Defensive peers, Walmart (WMT) ranks 1st; the peer median for buyback spend is $951.50M.
Walmart Buyback Spend 2026: $8.09B
Walmart buyback spend in 2026 was $8.09B, surged 80.0% from 2025.
Walmart Buyback Spend 2025: $4.49B
Walmart buyback spend in 2025 was $4.49B, surged 61.7% from 2024.
Walmart Buyback Spend 2024: $2.78B
Walmart buyback spend in 2024 was $2.78B, plunged 72.0% below 2023.
Walmart Buyback Spend 2023: $9.92B
Walmart buyback spend in 2023 was $9.92B, edged up 1.4% from 2022.
Walmart Buyback Spend 2022: $9.79B
Walmart buyback spend in 2022 was $9.79B.
See more financial history for Walmart (WMT).
Sector peers by buyback spend
Companies in the same sector as Walmart, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| Procter & Gamble (PG) | $6.50B | Consumer Defensive |
| Mondelez International (MDLZ) | $2.38B | Consumer Defensive |
| PepsiCo (PEP) | $1.00B | Consumer Defensive |
| Altria Group (MO) | $1.00B | Consumer Defensive |
| Costco (COST) | $903.00M | Consumer Defensive |
| Coca-Cola (KO) | $746.00M | Consumer Defensive |
| Monster Beverage (MNST) | $103.65M | Consumer Defensive |
| Philip Morris International (PM) | $0 | Consumer Defensive |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
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.
Dividend & buyback yield over time
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.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: N/A.
Capital allocation mix
How Walmart splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
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 $7.42B (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from Walmart's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does Walmart buy back its own stock?
Yes, Walmart (WMT) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Walmart spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $8.09B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Walmart's buyback yield?
TTM buyback yield is about 0.85% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Walmart's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 0.85% combined (TTM-based where available).
Is Walmart 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 Walmart's share count changed?
Diluted weighted average shares changed by about -6.1% over roughly five fiscal years (annual income statement data).
What is Walmart's buyback spend?
Latest reported buyback spend for Walmart (WMT) is $8.09B (period ending January 31, 2026).
How has Walmart buyback spend changed year-over-year?
Walmart (WMT) buyback spend changed +80.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Walmart buyback spend?
Walmart (WMT) buyback spend compound annual growth rate is +25.2% over the most recent 5 years available.
When did Walmart buyback spend hit its highest annual value?
Walmart buyback spend reached its highest annual value of $14.78B in 2011.
What was Walmart buyback spend in 2025?
Walmart (WMT) buyback spend in 2025 was $4.49B.
What was Walmart buyback spend in 2026?
Walmart (WMT) buyback spend in 2026 was $8.09B.
Explore more
WMT Overview
Company profile, financial tools, and key metrics
WMT Revenue Counter
Earns $22,614 every second. See per minute, hour, and day.
WMT Earnings Counter
Earns $694.22 per second net profit. See per minute, hour, and day.
WMT Economic Scale
Exceeds Belgium's GDP. Compare with world economies.
WMT What If Invested
What if you had invested $1,000? See historical returns from any date.
WMT How It Makes Money
Discover visual breakdown of $713.16B in revenue — where it comes from and where it goes.
WMT Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
WMT Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
WMT Daily Price Character
Steady · 47.4% historical win rate (green days). Streaks & record days.
WMT Stock Split History
10 splits on record. Dates, ratios, and cumulative multiple.
WMT Dividend Profile
Yield: 0.74%. Safety: 7/8. See full history.
WMT Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
WMT Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.
WMT Dividend Capture
Historical pre-ex touch stats, gap distribution, after-tax calculator, and a backtest simulator (limit-order vs MOC exit).
WMT Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.