CART (Maplebear) 3-Year Share Buyback Ratio: 4.20% (As of Mar. 2026) — 121% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CART Maplebear Inc CART
63 GF Score
Price $45.82
GF Value $44.01
Valuation Fairly Valued
! 2 Warning Signs
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What is Maplebear 3-Year Share Buyback Ratio?

Maplebear CART -0.89% 63 3-Year Share Buyback Ratio is 4.20 as of Mar. 2026, which is 121% above its 10-year median of 1.90. GuruFocus rates CART with a GF Score™ of 63/100 and a GF Value™ of $44.01 (Fairly Valued). The stock has 2 warning signs investors should review. Among 692 Retail - Cyclical companies, Maplebear ranks better than 94.8% on this metric.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Maplebear's current 3-Year Share Buyback Ratio was 4.20%.

The historical rank and industry rank for Maplebear's 3-Year Share Buyback Ratio or its related term are showing as below:

CART' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -0.3   Med: 1.9   Max: 4.2
Current: 4.2

During the past 6 years, Maplebear's highest 3-Year Share Buyback Ratio was 4.20%. The lowest was -0.30%. And the median was 1.90%.

CART's 3-Year Share Buyback Ratio is ranked better than
94.8% of 692 companies
in the Retail - Cyclical industry
Industry Median: -0.4 vs CART: 4.20

Maplebear (NAS:CART) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Maplebear 3-Year Share Buyback Ratio Related Terms


CART vs W, CHWY, ETSY: 3-Year Share Buyback Ratio Comparison

For the Internet Retail subindustry, Maplebear's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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.


Maplebear 3-Year Share Buyback Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maplebear's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Maplebear's 3-Year Share Buyback Ratio falls into.


CART
63GF Score
Maplebear Inc CART
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Maplebear 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Share Buyback Ratio of 4.20 mean?
Maplebear (CART) has a 3-Year Share Buyback Ratio of 4.20 as of Mar. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Maplebear and its competitors. This is 121% above median its historical median of 1.90. According to the industry distribution chart, Maplebear ranks #36 out of 692 companies in the Retail - Cyclical industry, placing it in the top 5.2%.
Is Maplebear's 3-Year Share Buyback Ratio too high?
Maplebear's current 3-Year Share Buyback Ratio of 4.20 is 121% above median its 10-year median of 1.90. Based on the distribution chart, Maplebear ranks #36 out of 692 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Maplebear has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maplebear's 3-Year Share Buyback Ratio compare to W and CHWY?
According to the Retail - Cyclical industry distribution chart, Maplebear ranks #36 out of 692 companies for 3-Year Share Buyback Ratio. This places Maplebear in the top 5% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Retail - Cyclical company?
A good 3-Year Share Buyback Ratio depends on the Retail - Cyclical industry context. However, 3-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Maplebear and its competitors. Maplebear's current 3-Year Share Buyback Ratio is 4.20, which is 121% above median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maplebear stock overvalued right now?
Based on GuruFocus' analysis, Maplebear (CART) is currently considered Fairly Valued. The stock's GF Value™ is $44.01, compared to a current price of $45.82 — trading 4.1% above its estimated fair value. The current 3-Year Share Buyback Ratio is 4.20, which is 121% above median its 10-year median of 1.90. Maplebear's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Maplebear (CART), the current 3-Year Share Buyback Ratio is 4.20 as of Mar. 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.

Is Maplebear (CART) Overvalued in 2026?

Based on GuruFocus' analysis, Maplebear stock appears to be overvalued. The current stock price of $45.82 is trading 4.1% above its estimated GF Value™ of $44.01. GuruFocus considers Maplebear to be Fairly Valued.

Key valuation signals for CART:

  • 3-Year Share Buyback Ratio: 4.20 (121% above median its 10-year median of 1.90)
  • GF Value™: $44.01 vs. price of $45.82 (4.1% above fair value)
  • GF Score™: 63/100 with 2 warning signs

No single metric tells the full story. See the CART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maplebear Business Description

Address 50 Beale Street, Suite 600, San Francisco, CA, USA, 94105
Maplebear (Instacart) is a grocery-focused delivery marketplace that connects national and regional grocers with consumers and couriers, and consumers with their favorite stores. Its app provides on-demand convenience for consumers, allows couriers to earn income, and helps grocers to scale their business through digital channels. The marketplace gathers valuable consumer behavior data, attracting consumer-packaged-goods advertisers that seek to reach consumers at the point of purchase. With approximately 600,000 shoppers and 1,800 retail partners, Instacart delivers to about 98% of households in the United States and Canada.
63GF Score

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3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$45.82
Price
$44.01
GF Value