| A | B | C | D | E | F | G | H | I | K | L | N | O | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 |  | Domestic Pre-Tax Profits | Federal Income Taxes | Effective Tax Rate | Stock Buybacks | Dividend Payouts | Total Buybacks + Dividends | Spent More on Stock Buybacks Than on Taxes | Spent More on Dividends Than on Taxes | Spent More on Buybacks AND Dividends Than on Taxes | Shareholder Spending X Taxes | |||
2 | Five-Year Total, 2018 to 2022 (millions of dollars) | |||||||||||||
3 | All Corporations in Study | $4,364,177 | $607,894 | 13.9% | $2,685,105 | $1,714,667 | $4,399,771 | 237 out of 280 (84.6%) | 207 out of 280 (73.9%) | 272 out of 280 (97.1%) | 7 | |||
4 | Alphabet | $205,189 | $33,970 | 16.6% | $168,190 | $0 | $168,190 | TRUE | TRUE | 5 | ||||
5 | JPMorgan Chase | $176,465 | $20,368 | 11.5% | $72,071 | $61,562 | $133,633 | TRUE | TRUE | TRUE | 7 | |||
6 | Microsoft | $169,280 | $33,378 | 19.7% | $124,837 | $83,404 | $208,241 | TRUE | TRUE | TRUE | 6 | |||
7 | Apple | $159,021 | $24,136 | 15.2% | $387,366 | $71,220 | $458,586 | TRUE | TRUE | TRUE | 19 | |||
8 | Bank of America | $138,911 | $5,277 | 3.8% | $85,462 | $37,187 | $122,649 | TRUE | TRUE | TRUE | 23 | |||
9 | Verizon Communications | $111,873 | $9,818 | 8.8% | $0 | $51,270 | $51,270 | TRUE | TRUE | 5 | ||||
10 | Meta Platforms | $105,547 | $20,430 | 19.4% | $95,846 | $0 | $95,846 | TRUE | TRUE | 5 | ||||
11 | AT&T | $96,280 | $2,536 | 2.6% | $9,616 | $68,181 | $77,797 | TRUE | TRUE | TRUE | 31 | |||
12 | Comcast | $84,286 | $13,315 | 15.8% | $24,358 | $20,500 | $44,858 | TRUE | TRUE | TRUE | 3 | |||
13 | Walmart | $83,420 | $13,478 | 16.2% | $35,459 | $30,532 | $65,991 | TRUE | TRUE | TRUE | 5 | |||
14 | Home Depot | $80,891 | $16,373 | 20.2% | $39,102 | $31,887 | $70,989 | TRUE | TRUE | TRUE | 4 | |||
15 | Amazon | $69,254 | $6,172 | 8.9% | $6,000 | $0 | $6,000 | 1 | ||||||
16 | Intel | $52,496 | $10,907 | 20.8% | $40,950 | $28,326 | $69,276 | TRUE | TRUE | TRUE | 6 | |||
17 | Morgan Stanley | $48,957 | $8,272 | 16.9% | $36,356 | $17,313 | $53,669 | TRUE | TRUE | TRUE | 6 | |||
18 | Procter & Gamble | $48,686 | $8,212 | 16.9% | $40,773 | $41,319 | $82,092 | TRUE | TRUE | TRUE | 10 | |||
19 | Visa | $48,482 | $8,947 | 18.5% | $44,178 | $12,852 | $57,030 | TRUE | TRUE | TRUE | 6 | |||
20 | CVS Health | $45,622 | $11,633 | 25.5% | $3,500 | $12,797 | $16,297 | TRUE | TRUE | 1 | ||||
21 | Capital One Financial | $43,677 | $7,391 | 16.9% | $16,711 | $5,413 | $22,124 | TRUE | TRUE | 3 | ||||
22 | Cisco Systems | $42,918 | $7,843 | 18.3% | $55,109 | $30,350 | $85,459 | TRUE | TRUE | TRUE | 11 | |||
23 | U.S. Bancorp | $39,895 | $6,164 | 15.5% | $12,993 | $13,925 | $26,918 | TRUE | TRUE | TRUE | 4 | |||
24 | United Parcel Service | $39,101 | $4,892 | 12.5% | $6,239 | $18,130 | $24,369 | TRUE | TRUE | TRUE | 5 | |||
25 | Union Pacific | $38,531 | $6,081 | 15.8% | $31,307 | $13,482 | $44,789 | TRUE | TRUE | TRUE | 7 | |||
26 | Walt Disney | $38,438 | $2,979 | 7.8% | $3,577 | $6,997 | $10,574 | TRUE | TRUE | TRUE | 4 | |||
27 | Lowe's | $35,804 | $7,771 | 21.7% | $39,457 | $9,131 | $48,588 | TRUE | TRUE | TRUE | 6 | |||
28 | Citigroup | $35,305 | $1,533 | 4.3% | $45,780 | $26,020 | $71,800 | TRUE | TRUE | TRUE | 47 | |||
29 | Lockheed Martin | $34,591 | $5,908 | 17.1% | $15,779 | $13,623 | $29,402 | TRUE | TRUE | TRUE | 5 | |||
30 | General Motors | $33,110 | $431 | 1.3% | $2,780 | $5,844 | $8,624 | TRUE | TRUE | TRUE | 20 | |||
31 | Texas Instruments | $32,843 | $3,975 | 12.1% | $14,755 | $17,172 | $31,927 | TRUE | TRUE | TRUE | 8 | |||
32 | PNC Financial Services Group | $32,422 | $3,726 | 11.5% | $12,889 | $11,158 | $24,047 | TRUE | TRUE | TRUE | 6 | |||
33 | Elevance Health (Anthem) | $32,018 | $6,832 | 21.3% | $10,302 | $4,955 | $15,257 | TRUE | TRUE | 2 | ||||
34 | Qualcomm | $31,639 | $6,388 | 20.2% | $33,318 | $15,536 | $48,854 | TRUE | TRUE | TRUE | 8 | |||
35 | Charles Schwab | $29,864 | $6,168 | 20.7% | $8,215 | $7,059 | $15,274 | TRUE | TRUE | TRUE | 2 | |||
36 | Gilead Sciences | $29,536 | $8,314 | 28.1% | $8,008 | $16,956 | $24,964 | TRUE | TRUE | 3 | ||||
37 | HCA Healthcare | $29,392 | $5,441 | 18.5% | $18,217 | $2,467 | $20,684 | TRUE | TRUE | 4 | ||||
38 | Cigna | $28,700 | $7,355 | 25.6% | $21,720 | $2,755 | $24,475 | TRUE | TRUE | 3 | ||||
39 | ConocoPhillips | $27,982 | $1,320 | 4.7% | $20,284 | $12,779 | $33,063 | TRUE | TRUE | TRUE | 25 | |||
40 | Truist Financial | $27,960 | $3,924 | 14.0% | $3,071 | $11,403 | $14,474 | TRUE | TRUE | 4 | ||||
41 | Northrop Grumman | $25,888 | $3,983 | 15.4% | $7,706 | $4,689 | $12,395 | TRUE | TRUE | TRUE | 3 | |||
42 | Discover Financial Services | $25,370 | $5,031 | 19.8% | $8,800 | $3,040 | $11,840 | TRUE | TRUE | 2 | ||||
43 | NextEra Energy | $23,965 | $287 | 1.2% | $0 | $13,628 | $13,628 | TRUE | TRUE | 47 | ||||
44 | Amgen | $23,671 | $6,061 | 25.6% | $40,317 | $18,980 | $59,297 | TRUE | TRUE | TRUE | 10 | |||
45 | Nucor | $23,618 | $4,346 | 18.4% | $7,231 | $2,486 | $9,717 | TRUE | TRUE | 2 | ||||
46 | Chevron | $23,121 | $1,461 | 6.3% | $10,487 | $48,259 | $58,746 | TRUE | TRUE | TRUE | 40 | |||
47 | Synchrony Financial | $22,832 | $4,607 | 20.2% | $12,667 | $2,569 | $15,236 | TRUE | TRUE | 3 | ||||
48 | PepsiCo | $22,443 | $3,371 | 15.0% | $8,608 | $27,730 | $36,338 | TRUE | TRUE | TRUE | 11 | |||
49 | Marathon Petroleum | $22,394 | $2,390 | 10.7% | $21,813 | $6,625 | $28,438 | TRUE | TRUE | TRUE | 12 | |||
50 | CSX | $21,862 | $3,494 | 16.0% | $16,528 | $4,002 | $20,530 | TRUE | TRUE | TRUE | 6 | |||
51 | Progressive | $20,854 | $4,355 | 20.9% | $617 | $7,950 | $8,567 | TRUE | TRUE | 2 | ||||
52 | Moderna | $20,825 | $2,991 | 14.4% | $12,368 | $0 | $12,368 | TRUE | TRUE | 4 | ||||
53 | Target | $20,635 | $2,833 | 13.7% | $14,616 | $7,392 | $22,008 | TRUE | TRUE | TRUE | 8 | |||
54 | Costco Wholesale | $20,471 | $2,954 | 14.4% | $1,706 | $10,660 | $12,366 | TRUE | TRUE | 4 | ||||
55 | Publix Super Markets | $20,449 | $3,354 | 16.4% | $7,208 | $4,600 | $11,809 | TRUE | TRUE | TRUE | 4 | |||
56 | BlackRock | $20,243 | $4,346 | 21.5% | $9,624 | $11,861 | $21,485 | TRUE | TRUE | TRUE | 5 | |||
57 | D.R. Horton | $20,083 | $3,692 | 18.4% | $2,948 | $1,274 | $4,221 | TRUE | 1 | |||||
58 | Nike | $19,400 | $954 | 4.9% | $17,455 | $8,271 | $25,726 | TRUE | TRUE | TRUE | 27 | |||
59 | MasterCard | $19,312 | $3,168 | 16.4% | $30,560 | $7,638 | $38,198 | TRUE | TRUE | TRUE | 12 | |||
60 | Southern | $19,021 | $582 | 3.1% | $331 | $13,364 | $13,695 | TRUE | TRUE | 24 | ||||
61 | Lennar | $18,859 | $3,181 | 16.9% | $3,614 | $1,043 | $4,657 | TRUE | TRUE | 1 | ||||
62 | Charter Communications | $18,849 | $1,212 | 6.4% | $48,197 | $0 | $48,197 | TRUE | TRUE | 40 | ||||
63 | T-Mobile US | $17,916 | -$80 | -0.4% | $23,607 | $0 | $23,607 | TRUE | *TRUE* | TRUE | N/A | |||
64 | Centene | $17,837 | $3,489 | 19.6% | $4,239 | $0 | $4,239 | TRUE | TRUE | 1 | ||||
65 | American International Group | $17,687 | $385 | 2.2% | $10,037 | $5,529 | $15,566 | TRUE | TRUE | TRUE | 40 | |||
66 | Phillips 66 | $17,623 | $1,395 | 7.9% | $8,251 | $7,959 | $16,210 | TRUE | TRUE | TRUE | 12 | |||
67 | 3M | $17,321 | $2,888 | 16.7% | $10,308 | $16,686 | $26,994 | TRUE | TRUE | TRUE | 9 | |||
68 | Honeywell International | $17,194 | $1,480 | 8.6% | $19,694 | $12,651 | $32,345 | TRUE | TRUE | TRUE | 22 | |||
69 | Norfolk Southern | $16,948 | $2,360 | 13.9% | $12,819 | $4,948 | $17,767 | TRUE | TRUE | TRUE | 8 | |||
70 | General Dynamics | $16,842 | $2,780 | 16.5% | $5,644 | $6,151 | $11,795 | TRUE | TRUE | TRUE | 4 | |||
71 | Humana | $16,738 | $2,939 | 17.6% | $6,155 | $1,625 | $7,780 | TRUE | TRUE | 3 | ||||
72 | Travelers | $16,521 | $2,797 | 16.9% | $7,802 | $4,263 | $12,065 | TRUE | TRUE | TRUE | 4 | |||
73 | FedEx | $16,229 | $752 | 4.6% | $5,231 | $4,018 | $9,249 | TRUE | TRUE | TRUE | 12 | |||
74 | Valero Energy | $16,094 | $1,759 | 10.9% | $6,903 | $7,625 | $14,528 | TRUE | TRUE | TRUE | 8 | |||
75 | Starbucks | $15,982 | $2,549 | 15.9% | $23,068 | $9,811 | $32,878 | TRUE | TRUE | TRUE | 13 | |||
76 | Nvidia | $15,730 | $2,415 | 15.4% | $11,618 | $1,953 | $13,571 | TRUE | TRUE | 6 | ||||
77 | Duke Energy | $15,624 | -$1,228 | -7.9% | $0 | $14,244 | $14,244 | *TRUE* | TRUE | TRUE | N/A | |||
78 | Automatic Data Processing | $15,348 | $3,143 | 20.5% | $6,407 | $7,902 | $14,309 | TRUE | TRUE | TRUE | 5 | |||
79 | Netflix | $15,080 | $236 | 1.6% | $600 | $0 | $600 | TRUE | TRUE | 3 | ||||
80 | Deere | $14,994 | $1,874 | 12.5% | $9,096 | $5,055 | $14,151 | TRUE | TRUE | TRUE | 8 | |||
81 | Thermo Fisher Scientific | $14,853 | $1,716 | 11.6% | $8,500 | $1,750 | $10,250 | TRUE | TRUE | TRUE | 6 | |||
82 | Exxon Mobil | $14,790 | $1,532 | 10.4% | $16,935 | $74,292 | $91,227 | TRUE | TRUE | TRUE | 60 | |||
83 | Fifth Third Bancorp | $14,772 | $2,941 | 19.9% | $4,709 | $4,000 | $8,709 | TRUE | TRUE | TRUE | 3 | |||
84 | TJX | $14,770 | $3,032 | 20.5% | $8,592 | $4,863 | $13,455 | TRUE | TRUE | TRUE | 4 | |||
85 | Pioneer Natural Resources | $14,583 | $241 | 1.7% | $2,964 | $8,391 | $11,355 | TRUE | TRUE | TRUE | 47 | |||
86 | Bank of New York Mellon | $13,981 | $2,345 | 16.8% | $13,859 | $6,505 | $20,364 | TRUE | TRUE | TRUE | 9 | |||
87 | Kroger | $13,977 | $2,556 | 18.3% | $6,439 | $2,728 | $9,167 | TRUE | TRUE | TRUE | 4 | |||
88 | Biogen | $13,975 | $3,084 | 22.1% | $19,450 | $0 | $19,450 | TRUE | TRUE | 6 | ||||
89 | Dollar General | $13,439 | $2,177 | 16.2% | $9,972 | $1,876 | $11,848 | TRUE | TRUE | 5 | ||||
90 | Coca-Cola | $13,417 | $1,806 | 13.5% | $4,662 | $35,404 | $40,066 | TRUE | TRUE | TRUE | 22 | |||
91 | Regeneron Pharmaceuticals | $13,369 | $3,266 | 24.4% | $9,855 | $0 | $9,855 | TRUE | TRUE | 3 | ||||
92 | Ally Financial | $13,278 | $489 | 3.7% | $5,728 | $1,679 | $7,407 | TRUE | TRUE | TRUE | 15 | |||
93 | Exelon | $13,096 | $635 | 4.8% | $0 | $7,063 | $7,063 | TRUE | TRUE | 11 | ||||
94 | Kinder Morgan | $12,867 | -$44 | -0.3% | $693 | $11,246 | $11,939 | TRUE | TRUE | TRUE | N/A | |||
95 | DISH Network | $12,783 | $90 | 0.7% | $0 | $0 | $0 | 0 | ||||||
96 | M&T Bank | $12,226 | $1,734 | 14.2% | $6,099 | $3,368 | $9,467 | TRUE | TRUE | TRUE | 5 | |||
97 | Steel Dynamics | $12,116 | $1,896 | 15.6% | $3,840 | $1,029 | $4,869 | TRUE | TRUE | 3 | ||||
98 | General Mills | $12,011 | $1,774 | 14.8% | $2,586 | $6,156 | $8,742 | TRUE | TRUE | TRUE | 5 | |||
99 | Principal Financial | $11,976 | $46 | 0.4% | $3,892 | $3,116 | $7,008 | TRUE | TRUE | TRUE | 153 | |||
100 | S&P Global | $11,897 | $2,209 | 18.6% | $16,093 | $3,475 | $19,568 | TRUE | TRUE | TRUE | 9 | |||