diff --git a/changelogs/fragments/8708-homebrew_cask-fix-upgrade-all.yml b/changelogs/fragments/8708-homebrew_cask-fix-upgrade-all.yml
new file mode 100644
index 0000000000..6a0cd74302
--- /dev/null
+++ b/changelogs/fragments/8708-homebrew_cask-fix-upgrade-all.yml
@@ -0,0 +1,2 @@
+bugfixes:
+  - homebrew_cask - fix ``upgrade_all`` returns ``changed`` when nothing upgraded (https://github.com/ansible-collections/community.general/issues/8707, https://github.com/ansible-collections/community.general/pull/8708).
\ No newline at end of file
diff --git a/plugins/modules/homebrew_cask.py b/plugins/modules/homebrew_cask.py
index dc9aea5db8..9902cb1373 100644
--- a/plugins/modules/homebrew_cask.py
+++ b/plugins/modules/homebrew_cask.py
@@ -534,7 +534,12 @@ class HomebrewCask(object):
             rc, out, err = self.module.run_command(cmd)
 
         if rc == 0:
-            if re.search(r'==> No Casks to upgrade', out.strip(), re.IGNORECASE):
+            # 'brew upgrade --cask' does not output anything if no casks are upgraded
+            if not out.strip():
+                self.message = 'Homebrew casks already upgraded.'
+
+            # handle legacy 'brew cask upgrade'
+            elif re.search(r'==> No Casks to upgrade', out.strip(), re.IGNORECASE):
                 self.message = 'Homebrew casks already upgraded.'
 
             else: