US companies buying back the most stock

Updated November 15, 2026

When a company buys back its own shares, each remaining share owns a bigger slice of the profits, like a dividend without the immediate tax. This list shows companies that have actually reduced their share count, not just announced a program.

How we pick: Companies above $10 billion in market cap whose share count fell by at least 2% a year over three years, with a buyback yield of at least 2% and an overall score of 3 or higher.
#CompanyAnnual share changeBuyback yieldMarket capScore
1EMCOR Group, Inc.EME-3.4%2.0%$28.9B4.4
2Exelixis, Inc.EXEL-4.6%5.6%$16.8B4.4
3TE Connectivity plcTEL-2.5%3.0%$62.0B4.2
4Ameriprise Financial Inc.AMP-4.8%6.5%$45.1B4.2
5CF Industries Holdings, Inc.CF-7.4%7.5%$18.3B4.0
6Logitech International SALOGI-3.3%3.7%$14.5B4.0
7Toll Brothers, Inc.TOL-5.4%4.8%$13.6B4.0
8Deckers Outdoor Corp.DECK-3.1%9.3%$11.6B4.0
9Booking Holdings Inc.BKNG-6.6%5.4%$118.7B3.8
10Tapestry, Inc.TPR-4.5%6.0%$26.0B3.8
11lululemon athletica inc.LULU-2.4%9.6%$12.2B3.8
12Universal Health Services Inc.UHS-4.4%8.6%$11.2B3.8
13Adobe Inc.ADBE-3.2%11.9%$94.6B3.6
14Eog Resources Inc.EOG-2.4%3.1%$82.1B3.6
15Horton D R Inc.DHI-4.4%10.6%$40.7B3.6
16Hartford Insurance Group, Inc.HIG-4.5%4.4%$36.8B3.6
17Jabil Inc.JBL-7.7%4.0%$26.2B3.6
18Dick's Sporting Goods, Inc.DKS-5.0%2.6%$13.3B3.6
19Globe Life Inc.GL-5.9%7.3%$12.1B3.6
20Dell Technologies Inc.DELL-3.1%2.8%$219.1B3.4
21T-Mobile US, Inc.TMUS-3.4%5.5%$180.0B3.4
22Cardinal Health Inc.CAH-3.3%2.1%$65.0B3.4
23Imperial Oil Ltd.IMO-7.7%3.9%$60.7B3.4
24NetApp, Inc.NTAP-3.0%2.7%$35.6B3.4
25TechnipFMC plcFTI-2.3%3.6%$25.8B3.4

A closer look at the top three

EMCOR Group, Inc. (EME): Its share count shrinks by 3.4% a year. It has revenue growth of 15% a year over three years, an average net margin of 6%, a P/E of about 19, an intrinsic value about 41% above the current price and an overall score of 4.4 out of 5 (strong company).

Exelixis, Inc. (EXEL): Its share count shrinks by 4.6% a year. It has revenue growth of 13% a year over three years, an average net margin of 23%, a P/E of about 21, an intrinsic value about 14% above the current price and an overall score of 4.4 out of 5 (strong company).

TE Connectivity plc (TEL): Its share count shrinks by 2.5% a year. It has revenue growth of 7% a year over three years, an average net margin of 16%, a P/E of about 20, an intrinsic value about 16% above the current price and an overall score of 4.2 out of 5 (strong company).

Frequently asked questions

Are buybacks good for shareholders?

Yes when the company buys below intrinsic value; buying back at very high prices destroys value.

What is buyback yield?

The amount spent on buybacks over a year divided by the company’s market cap.

More lists and tools

Lists are generated automatically from SEC filings and market prices and rebuilt every day. They are a starting point for research, not a recommendation to buy or sell.