Top 100 Stocks by Share Buybacks
Top companies ranked by share buybacks, latest annual filings.
What Share Buybacks Mean for US-listed Companies
Share buybacks are the dollars a company spends repurchasing its own stock on the open market or through tender offers. The mechanic concentrates ownership for remaining holders and returns capital without triggering the dividend tax treatment. Buybacks leave the income statement untouched but show up prominently in cash-flow-from-financing, and the resulting reduction in share count lifts per-share earnings even when net income is flat.
Why Share Buybacks Matter
Buybacks can signal management confidence that the stock is undervalued and offer flexibility that a committed dividend cannot match. Yet gross buybacks often mask dilution from stock-based compensation, and net repurchases tell a different story than headline totals. Buybacks can also be debt-funded, which levers up the balance sheet, and timing tends to peak at market peaks rather than troughs, leaving some programs historically poorly timed from a capital-allocation perspective.
What to Read Alongside
Read buybacks alongside Free Cash Flow to see whether repurchases are self-funded, Net Income since buybacks boost EPS without growing earnings, and Return on Equity which buybacks inflate by shrinking the equity base.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc. | Technology | $90.71B | $5.02T |
| 2 | GOOG | Alphabet Inc. | Communication Services | $45.71B | $3.84T |
| 3 | NVDA | NVIDIA Corporation | Technology | $40.09B | $5.22T |
| 4 | JPM | JPMorgan Chase & Co. | Financial Services | $31.59B | $887.08B |
| 5 | META | Meta Platforms, Inc. | Communication Services | $26.25B | $1.61T |
| 6 | MSFT | Microsoft Corporation | Technology | $22.27B | $3.95T |
| 7 | BAC | Bank of America Corporation | Financial Services | $21.43B | $349.73B |
| 8 | XOM | ExxonMobil Holdings Corporation | Energy | $20.27B | $758.81B |
| 9 | V | Visa Inc. | Financial Services | $18.32B | $758.75B |
| 10 | WFC | Wells Fargo & Company | Financial Services | $17.52B | $248.09B |
| 11 | SHEL | Shell plc | Energy | $14.07B | $303.61B |
| 12 | C | Citigroup Inc. | Financial Services | $13.25B | $200.35B |
| 13 | CRM | Salesforce, Inc. | Technology | $12.60B | $203.78B |
| 14 | GS | The Goldman Sachs Group, Inc. | Financial Services | $12.36B | $260.10B |
| 15 | CVX | Chevron Corporation | Energy | $12.08B | $455.11B |
| 16 | MA | Mastercard Incorporated | Financial Services | $11.73B | $537.43B |
| 17 | ADBE | Adobe Inc. | Technology | $11.28B | $100.65B |
| 18 | HCA | HCA Healthcare, Inc. | Healthcare | $10.07B | $100.73B |
| 19 | TMUS | T-Mobile US, Inc. | Communication Services | $9.97B | $157.61B |
| 20 | NFLX | Netflix, Inc. | Communication Services | $9.13B | $266.08B |
| 21 | NVS | Novartis AG | Healthcare | $9.12B | $292.35B |
| 22 | QCOM | QUALCOMM Incorporated | Technology | $8.79B | $191.78B |
| 23 | WMT | Walmart Inc. | Consumer Defensive | $8.09B | $954.35B |
| 24 | GE | GE Aerospace | Industrials | $7.55B | $299.26B |
| 25 | TTE | TotalEnergies SE | Energy | $7.53B | $206.72B |
| 26 | ACN | Accenture plc | Technology | $7.52B | $151.29B |
| 27 | SCHW | The Charles Schwab Corporation | Financial Services | $7.35B | $155.17B |
| 28 | CMCSA | Comcast Corporation | Communication Services | $7.16B | $78.30B |
| 29 | ASML | ASML Holding N.V. | Technology | $6.98B | $613.16B |
| 30 | UBER | Uber Technologies, Inc. | Technology | $6.52B | $135.07B |
| 31 | BKNG | Booking Holdings Inc. | Consumer Cyclical | $6.44B | $115.07B |
| 32 | CSCO | Cisco Systems, Inc. | Technology | $6.11B | $434.63B |
| 33 | PYPL | PayPal Holdings, Inc. | Financial Services | $6.05B | $47.04B |
| 34 | DELL | Dell Technologies Inc. | Technology | $6.01B | $296.98B |
| 35 | GM | General Motors Company | Consumer Cyclical | $6.01B | $64.79B |
| 36 | JCI | Johnson Controls International plc | Industrials | $5.99B | $89.35B |
| 37 | JNJ | Johnson & Johnson | Healthcare | $5.95B | $641.07B |
| 38 | SNY | Sanofi | Healthcare | $5.89B | $100.13B |
| 39 | AIG | American International Group, Inc. | Financial Services | $5.84B | $42.42B |
| 40 | AXP | American Express Company | Financial Services | $5.81B | $211.26B |
| 41 | UNH | UnitedHealth Group Incorporated | Healthcare | $5.54B | $368.64B |
| 42 | UBS | UBS Group AG | Financial Services | $5.44B | $142.25B |
| 43 | INTU | Intuit Inc. | Technology | $5.41B | $90.83B |
| 44 | CAT | Caterpillar Inc. | Industrials | $5.19B | $318.15B |
| 45 | CHTR | Charter Communications, Inc. | Communication Services | $5.13B | $11.70B |
| 46 | MRK | Merck & Co., Inc. | Healthcare | $5.08B | $346.91B |
| 47 | PG | The Procter & Gamble Company | Consumer Defensive | $5.03B | $370.66B |
| 48 | COP | ConocoPhillips | Energy | $5.02B | $181.85B |
| 49 | SPGI | S&P Global Inc. | Financial Services | $5.00B | $132.85B |
| 50 | AMAT | Applied Materials, Inc. | Technology | $4.89B | $307.59B |
| 51 | HMC | Honda Motor Co., Ltd. | Consumer Cyclical | $4.82B | $44.59B |
| 52 | SAN | Banco Santander, S.A. | Financial Services | $4.79B | $178.74B |
| 53 | MCK | McKesson Corporation | Healthcare | $4.75B | $115.76B |
| 54 | LIN | Linde plc | Basic Materials | $4.60B | $233.98B |
| 55 | SNDK | Sandisk Corporation | Technology | $4.52B | $181.47B |
| 56 | T | AT&T Inc. | Communication Services | $4.50B | $140.46B |
| 57 | DHI | D.R. Horton, Inc. | Consumer Cyclical | $4.30B | $40.98B |
| 58 | LLY | Eli Lilly and Company | Healthcare | $4.11B | $1.14T |
| 59 | COF | Capital One Financial Corporation | Financial Services | $4.10B | $124.14B |
| 60 | LRCX | Lam Research Corporation | Technology | $3.85B | $297.21B |
| 61 | HON | Honeywell International Inc. | Industrials | $3.80B | $69.50B |
| 62 | ABNB | Airbnb, Inc. | Consumer Cyclical | $3.79B | $100.85B |
| 63 | CB | Chubb Limited | Financial Services | $3.69B | $137.63B |
| 64 | CI | The Cigna Group | Healthcare | $3.62B | $80.80B |
| 65 | BNY | The Bank of New York Mellon Corporation | Financial Services | $3.54B | $99.03B |
| 66 | AFL | Aflac Incorporated | Financial Services | $3.53B | $60.63B |
| 67 | DIS | The Walt Disney Company | Communication Services | $3.50B | $190.63B |
| 68 | MPC | Marathon Petroleum Corporation | Energy | $3.49B | $132.17B |
| 69 | REGN | Regeneron Pharmaceuticals, Inc. | Healthcare | $3.44B | $83.15B |
| 70 | GEV | GE Vernova Inc. | Industrials | $3.32B | $227.75B |
| 71 | MAR | Marriott International, Inc. | Consumer Cyclical | $3.30B | $102.94B |
| 72 | MMM | 3M Company | Industrials | $3.25B | $89.11B |
| 73 | ZTS | Zoetis Inc. | Healthcare | $3.23B | $33.46B |
| 74 | HLT | Hilton Worldwide Holdings Inc. | Consumer Cyclical | $3.18B | $79.20B |
| 75 | MUFG | Mitsubishi UFJ Financial Group, Inc. | Financial Services | $3.14B | $237.38B |
| 76 | DHR | Danaher Corporation | Healthcare | $3.09B | $163.77B |
| 77 | JD | JD.com, Inc. | Consumer Cyclical | $3.06B | $34.09B |
| 78 | FCNCA | First Citizens BancShares, Inc. | Financial Services | $3.03B | $26.06B |
| 79 | BCS | Barclays PLC | Financial Services | $3.01B | $74.04B |
| 80 | TRV | The Travelers Companies, Inc. | Financial Services | $3.00B | $81.99B |
| 81 | LMT | Lockheed Martin Corporation | Industrials | $3.00B | $146.73B |
| 82 | TMO | Thermo Fisher Scientific Inc. | Healthcare | $3.00B | $253.24B |
| 83 | SYF | Synchrony Financial | Financial Services | $2.94B | $24.35B |
| 84 | AMP | Ameriprise Financial, Inc. | Financial Services | $2.91B | $43.60B |
| 85 | WDAY | Workday, Inc. | Technology | $2.90B | $50.25B |
| 86 | CARR | Carrier Global Corporation | Industrials | $2.89B | $46.52B |
| 87 | MET | MetLife, Inc. | Financial Services | $2.88B | $63.57B |
| 88 | CP | Canadian Pacific Kansas City Limited | Industrials | $2.87B | $78.96B |
| 89 | LNG | Cheniere Energy, Inc. | Energy | $2.72B | $62.08B |
| 90 | KR | The Kroger Co. | Consumer Defensive | $2.70B | $39.43B |
| 91 | UNP | Union Pacific Corporation | Industrials | $2.68B | $176.42B |
| 92 | MTB | M&T Bank Corporation | Financial Services | $2.63B | $31.87B |
| 93 | COKE | Coca-Cola Consolidated, Inc. | Consumer Defensive | $2.61B | $13.89B |
| 94 | ELV | Elevance Health, Inc. | Healthcare | $2.60B | $93.54B |
| 95 | BUD | Anheuser-Busch InBev SA/NV | Consumer Defensive | $2.60B | $161.43B |
| 96 | VLO | Valero Energy Corporation | Energy | $2.60B | $122.88B |
| 97 | WDC | Western Digital Corporation | Technology | $2.59B | $133.31B |
| 98 | EOG | EOG Resources, Inc. | Energy | $2.56B | $85.85B |
| 99 | LUV | Southwest Airlines Co. | Industrials | $2.55B | $20.96B |
| 100 | MFG | Mizuho Financial Group, Inc. | Financial Services | $2.54B | $114.81B |
No companies match this search.
How this ranking is built
Companies are ranked by share buybacks as reported in their most recent annual filing with the SEC. Figures shown are in US dollars (or percent, as noted), rounded to two decimals.
- Source: annual 10-K / 20-F filings from companies trading on US exchanges (NYSE, Nasdaq, AMEX).
- Fiscal year: whichever annual period the company has most recently filed. Fiscal years don't always align with the calendar year, so the "as of FY" stamp above reflects the most common year across the table.
- Filtered out: warrants, preferred shares, and duplicate listings that share a parent company's financials.
- Size floor: A company qualifies at $500 million in market cap or above. Below that, one mis-stated figure outranks the companies the list is about.
- Currency check: A company whose annual revenue runs above 15 times its market cap is left out, because at that gap the two figures are not in the same currency.
- Currency check: A company whose balance sheet runs above 150 times its market cap is left out for the same reason.
- Update cadence: refreshed as companies file new annual reports (typically within 60–90 days of fiscal year end).
Not financial advice. This is a research tool, not a recommendation.
Frequently asked questions
How do buybacks differ from dividends as a way to return capital?
Both return cash to shareholders but through different channels. Dividends pay a per-share cash amount directly to every holder and create an explicit ongoing commitment that is painful to cut. Buybacks reduce share count, concentrating ownership in remaining holders and lifting per-share earnings, and they can be paused or resumed quietly based on cash availability. The flexibility is a feature in volatile periods but also lets management defer the capital-return decision rather than commit to it.
Why does gross buyback spending often overstate actual capital return?
Many firms issue equity to employees through stock-based compensation and then repurchase shares partly to offset the resulting dilution. The gross repurchase figure captures the total spent, but the net reduction in share count can be far smaller. Reading gross buybacks alongside share count changes and the size of the stock-based compensation expense shows how much of the reported program is genuine capital return versus dilution management, which matters for long-term per-share economics.
Can buybacks be a sign of financial weakness rather than strength?
They can, particularly when funded by new debt rather than operating cash flow. A firm issuing bonds to repurchase stock lifts per-share metrics in the short term while weakening the balance sheet, which can look attractive at low interest rates and painful when rates rise or earnings soften. Buybacks timed near market peaks also destroy shareholder value in hindsight, so the source of funding and the timing discipline of the program matter as much as the headline dollar figure.