Apple Inc. (AAPL) FCF Payout Ratio: 12.15%
Is Apple Inc.’s fcf payout ratio high or low?
Apple Inc.'s fcf payout ratio of 12.15% is 17% below its 5-year average of 14.72%, near the low end of its 5-year range (13.32%–15.61%).
The fcf payout ratio for Apple Inc. (AAPL) is 12.15%. It is below its 12-month average by 17.95% (14.81%).
AAPL FCF Payout Ratio Chart
AAPL Average FCF Payout Ratio Chart
AAPL Current vs Average FCF Payout Ratio Chart
AAPL FCF Payout Ratio Metrics
FCF PAYOUT RATIO
12.15%
FCF PAYOUT RATIO AVG TTM
14.81%
FCF PAYOUT RATIO AVG 3Y
14.90%
FCF PAYOUT RATIO AVG 5Y
14.72%
FCF PAYOUT RATIO AVG 10Y
18.60%
FCF PAYOUT RATIO AVG 15Y
18.18%
FCF PAYOUT RATIO AVG 20Y
18.18%
CURRENT VS TTM AVG
-17.95%
CURRENT VS 3Y AVG
-18.46%
CURRENT VS 5Y AVG
-17.44%
CURRENT VS 10Y AVG
-34.69%
CURRENT VS 15Y AVG
-33.18%
CURRENT VS 20Y AVG
-33.18%
Payout Ratio Comparison
FCF Payout Ratio
12.2%
Earnings Payout Ratio
14.0%
Dividend Yield
0.36%
FCF Yield
3.01%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $98.77B | $15.42B | 15.6% |
| 2024 | $108.81B | $15.23B | 14.0% |
| 2023 | $99.58B | $15.03B | 15.1% |
| 2022 | $111.44B | $14.84B | 13.3% |
| 2021 | $92.95B | $14.47B | 15.6% |
| 2020 | $73.36B | $14.08B | 19.2% |
| 2019 | $58.90B | $14.12B | 24.0% |
| 2018 | $64.12B | $13.71B | 21.4% |
| 2017 | $51.43B | $12.77B | 24.8% |
| 2016 | $52.68B | $12.15B | 23.1% |
| 2015 | $69.78B | $11.56B | 16.6% |
| 2014 | $49.90B | $11.13B | 22.3% |
| 2013 | $44.59B | $10.56B | 23.7% |
| 2012 | $41.45B | $2.49B | 6.0% |
| 2011 | $30.08B | $0 | 0.0% |
| 2010 | $16.47B | $0 | 0.0% |
| 2009 | $8.95B | $0 | 0.0% |
| 2008 | $8.40B | $0 | 0.0% |
| 2007 | $4.48B | $0 | 0.0% |
| 2006 | $1.56B | $0 | 0.0% |
| 2005 | $2.27B | $0 | 0.0% |
| 2004 | $758.00M | $0 | 0.0% |
| 2003 | $125.00M | $0 | 0.0% |
| 2002 | ($85.00M) | $0 | N/A (Loss) |
| 2001 | ($47.00M) | $0 | N/A (Loss) |
| 2000 | $761.00M | $0 | 0.0% |
| 1999 | $775.00M | $0 | 0.0% |
| 1998 | $719.00M | $0 | 0.0% |
| 1997 | $101.00M | $0 | 0.0% |
| 1996 | $341.00M | $14.00M | 4.1% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Apple Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Apple Inc. FCF Payout Ratio FAQ
- What is the fcf payout ratio for Apple Inc. (AAPL)?
- The fcf payout ratio for AAPL stock is 12.15%.
- Is Apple Inc.'s fcf payout ratio high or low?
- Apple Inc.'s fcf payout ratio of 12.15% is 17% below its 5-year average of 14.72%, near the low end of its 5-year range (13.32%–15.61%).
- What is the TTM average fcf payout ratio for Apple Inc. (AAPL)?
- The TTM average fcf payout ratio for AAPL stock is 14.81%.
- What is the 3Y average fcf payout ratio for Apple Inc. (AAPL)?
- The 3Y average fcf payout ratio for AAPL stock is 14.90%.
- What is the 5Y average fcf payout ratio for Apple Inc. (AAPL)?
- The 5Y average fcf payout ratio for AAPL stock is 14.72%.
- What is the 10Y average fcf payout ratio for Apple Inc. (AAPL)?
- The 10Y average fcf payout ratio for AAPL stock is 18.60%.
- What is the 15Y average fcf payout ratio for Apple Inc. (AAPL)?
- The 15Y average fcf payout ratio for AAPL stock is 18.18%.
- What is the 20Y average fcf payout ratio for Apple Inc. (AAPL)?
- The 20Y average fcf payout ratio for AAPL stock is 18.18%.
Apple Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-09-27 | 15.61% |
| 2024-09-28 | 14.00% |
| 2023-09-30 | 15.09% |
| 2022-09-24 | 13.32% |
| 2021-09-25 | 15.56% |
| 2020-09-26 | 19.19% |
| 2019-09-28 | 23.97% |
| 2018-09-29 | 21.38% |
| 2017-09-30 | 24.83% |
| 2016-09-24 | 23.06% |
| 2015-09-26 | 16.57% |
| 2014-09-27 | 22.30% |
| 2013-09-28 | 23.69% |
| 2012-09-29 | 6.00% |
| 1996-09-27 | 4.11% |