Westpac Banking (ASX:STOSWG) Buyback Yield %: 0.22 (As of Jul. 02, 2026) — 175% Above Median


What is Westpac Banking Buyback Yield %?

Westpac Banking ASX:STOSWG 67 Buyback Yield % is 0.22 as of Jul. 02, 2026, which is 175% above its 10-year median of 0.08. GuruFocus rates ASX:STOSWG with a GF Score™ of 67/100. The stock has 3 warning signs investors should review. Among 626 Banks companies, Westpac Banking ranks worse than 56.39% on this metric.

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Westpac Banking's current buyback yield was 0.22%.


Westpac Banking Buyback Yield % Historical Data

* Premium members only.

The historical data trend for Westpac Banking's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Westpac Banking Buyback Yield % Chart

Westpac Banking Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Westpac Banking Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Buyback Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 1.71 1.48 0.57 0.19

ASX:STOSWG vs JPM, BAC, WFC: Buyback Yield % Comparison

For the Banks - Diversified subindustry, Westpac Banking's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Westpac Banking Buyback Yield % vs Banks Industry

For the Banks industry and Financial Services sector, Westpac Banking's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Westpac Banking's Buyback Yield % falls into.



Westpac Banking Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Westpac Banking's Buyback Yield for the fiscal year that ended in Sep. 2025 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (-759 + 0) /
=N/A%

Westpac Banking's annualized Buyback Yield for the quarter that ended in Mar. 2026 is calculated as

Buyback Yield=Net Issuance of Stock(TTM) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) (TTM)** / Market Cap
=- (-257 + 0) /
=N/A%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** If the quarter corresponds to the year-end period, we will use the annual Repurchase of Stock and Issuance of Stock data .

Frequently Asked Questions Learn more about Buyback Yield % →
What does a Buyback Yield % of 0.22 mean?
Westpac Banking (ASX:STOSWG) has a Buyback Yield % of 0.22 as of Jul. 02, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Westpac Banking and its competitors. This is 175% above median its historical median of 0.08. According to the industry distribution chart, Westpac Banking ranks #353 out of 626 companies in the Banks industry, placing it in the top 56.4%.
Is Westpac Banking's Buyback Yield % too high?
Westpac Banking's current Buyback Yield % of 0.22 is 175% above median its 10-year median of 0.08. The Banks industry median Buyback Yield % is 0.42. Westpac Banking's value of 0.22 is 47.6% below this industry median. Based on the distribution chart, Westpac Banking ranks #353 out of 626 companies in the Banks industry, which is below the industry midpoint. Overall, Westpac Banking has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Westpac Banking's Buyback Yield % compare to JPM and BAC?
According to the Banks industry distribution chart, Westpac Banking ranks #353 out of 626 companies for Buyback Yield %. This places Westpac Banking in the lower half of its industry. The industry median Buyback Yield % is 0.42. Westpac Banking's value of 0.22 is 47.6% below this benchmark. While the company's 10-year median is 0.08 vs. the industry median of 0.42, Westpac Banking has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for a Banks company?
The median Buyback Yield % among Banks companies is 0.42, based on 626 companies in the industry. Companies in the top quartile (top 25%) have a Buyback Yield % significantly above this median, while those in the bottom quartile fall well below. However, Buyback Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Westpac Banking's current Buyback Yield % of 0.22 is 47.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Westpac Banking and its competitors. For the Banks industry, the median Buyback Yield % is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westpac Banking's current Buyback Yield % is 0.22, which is 175% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westpac Banking stock overvalued right now?
Westpac Banking (ASX:STOSWG) has a current Buyback Yield % of 0.22. The current Buyback Yield % is 0.22, which is 175% above median its 10-year median of 0.08 and 47.6% below the Banks industry median of 0.42. Westpac Banking's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For Westpac Banking (ASX:STOSWG), the current Buyback Yield % is 0.22 as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Westpac Banking Business Description

Address 275 Kent Street, Level 18, Sydney, NSW, AUS, 2000
Westpac is Australia's oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.