Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the FCF payout ratio high or low?
The FCF payout ratio of 4.96% is 90% below its 5-year average of 49.44%, near the low end of its 5-year range (4.96%–200.69%).
As of the fiscal period ended Saturday, January 30, 2021. 91.31% below its 12-month average of 57.10%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
4.96%
FCF PAYOUT RATIO AVG TTM
57.10%
FCF PAYOUT RATIO AVG 3Y
29.27%
FCF PAYOUT RATIO AVG 5Y
49.44%
FCF PAYOUT RATIO AVG 10Y
44.85%
FCF PAYOUT RATIO AVG 15Y
33.13%
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-91.31%
CURRENT VS 3Y AVG
-83.05%
CURRENT VS 5Y AVG
-89.96%
CURRENT VS 10Y AVG
-88.93%
CURRENT VS 15Y AVG
-85.02%
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
5.0%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
8.59%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $378.37M | $0 | 0.0% |
| 2025 | $527.47M | $0 | 0.0% |
| 2024 | $495.63M | $0 | 0.0% |
FCF Payout Ratio measures trailing dividends paid as a percentage of trailing free cash flow. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2021-01-30 | 4.96% |
| 2020-10-31 | 8.28% |
| 2020-08-01 | 18.95% |
| 2020-05-02 | 200.69% |
| 2020-02-01 | 52.61% |
| 2019-11-02 | 153.98% |
| 2019-08-03 | 71.64% |
| 2019-05-04 | 42.58% |
| 2019-02-02 | 26.78% |
| 2018-11-03 | 25.34% |
| 2018-08-04 | 19.05% |
| 2018-05-05 | 21.35% |
| 2018-02-03 | 30.44% |
| 2017-10-28 | 86.74% |
| 2017-07-29 | 110.71% |
| 2017-04-29 | 182.50% |
| 2017-01-28 | 123.59% |
| 2016-10-29 | 41.52% |
| 2016-07-30 | 38.62% |
| 2016-04-30 | 29.09% |
| 2016-01-30 | 33.07% |
| 2015-10-31 | 27.52% |
| 2015-08-01 | 36.51% |
| 2015-05-02 | 61.40% |
| 2015-01-31 | 41.61% |
| 2014-11-01 | 22.34% |
| 2014-08-02 | 30.45% |
| 2014-05-03 | 50.92% |
| 2014-02-01 | 535.25% |
| 2013-11-02 | 124.26% |
| 2013-08-03 | 21.44% |
| 2013-05-04 | 19.08% |
| 2013-02-02 | 16.74% |
| 2012-10-27 | 38.92% |
| 2012-01-28 | 130.75% |
| 2011-10-29 | 57.08% |
| 2011-07-30 | 34.38% |
| 2011-04-30 | 26.07% |
| 2011-01-29 | 26.71% |
| 2010-10-30 | 38.34% |
| 2010-07-31 | 30.06% |
| 2010-05-01 | 29.75% |
| 2010-01-30 | 27.13% |
| 2009-10-31 | 22.92% |
| 2009-08-01 | 32.03% |
| 2009-05-02 | 32.96% |
| 2009-01-31 | 49.31% |
| 2008-11-01 | 32.83% |
| 2008-08-02 | 18.11% |
| 2008-05-03 | 14.56% |
| 2008-02-02 | 14.80% |
| 2007-11-03 | 19.05% |
| 2007-08-04 | 26.50% |
| 2007-05-05 | 62.12% |
| 2007-02-03 | 34.49% |
| 2006-10-28 | 38.74% |
| 2006-07-29 | 38.02% |
| 2006-04-29 | 32.49% |
| 2006-01-28 | 26.48% |
| 2005-10-29 | 36.19% |
| 2005-07-30 | 40.28% |
| 2005-04-30 | 23.37% |
| 2005-01-29 | 19.26% |
| 2004-10-30 | 14.63% |
| 2004-07-31 | 10.54% |
| 2004-05-01 | 5.37% |
| 2023 |
| ($166.91M) |
| $0 |
| N/A (Loss) |
| 2022 | $180.80M | $0 | 0.0% |
| 2021 | $303.01M | $12.56M | 4.1% |
| 2020 | $97.90M | $51.51M | 52.6% |
| 2019 | $200.54M | $53.71M | 26.8% |
| 2018 | $178.70M | $54.39M | 30.4% |
| 2017 | $43.75M | $54.07M | 123.6% |
| 2016 | $166.74M | $55.15M | 33.1% |
| 2015 | $137.86M | $57.36M | 41.6% |
| 2014 | $11.57M | $61.92M | 535.2% |
| 2013 | $344.31M | $57.63M | 16.7% |
| 2012 | $46.62M | $60.96M | 130.7% |
| 2011 | $230.85M | $61.66M | 26.7% |
| 2010 | $226.73M | $61.50M | 27.1% |
| 2009 | $123.23M | $60.77M | 49.3% |
| 2008 | $414.48M | $61.33M | 14.8% |
| 2007 | $178.69M | $61.62M | 34.5% |
| 2006 | $197.17M | $52.22M | 26.5% |
| 2005 | $241.06M | $46.44M | 19.3% |
| 2004 | $182.77M | $0 | 0.0% |
| 2003 | $200.17M | $0 | 0.0% |
| 2002 | $106.69M | $0 | 0.0% |
| 2001 | ($2.29M) | $0 | N/A (Loss) |
| 2000 | $69.98M | $0 | 0.0% |
| 1999 | $131.21M | $0 | 0.0% |
| 1998 | $70.71M | $0 | 0.0% |
| 1997 | $22.51M | $27.00M | 119.9% |
Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100
FCF payout and earnings payout:
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
