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 2.37% is 31% above its 5-year average of 1.80%, near the low end of its 5-year range (0.99%–24.65%).
As of the fiscal period ended Monday, December 31, 2007. 78.85% below its 12-month average of 11.21%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
2.37%
FCF PAYOUT RATIO AVG TTM
11.21%
FCF PAYOUT RATIO AVG 3Y
4.32%
FCF PAYOUT RATIO AVG 5Y
1.80%
FCF PAYOUT RATIO AVG 10Y
N/A
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-78.85%
CURRENT VS 3Y AVG
-45.13%
CURRENT VS 5Y AVG
+31.49%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
2.4%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
2.65%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $518.49M | $0 | 0.0% |
| 2024 | $501.61M | $0 | 0.0% |
| 2023 | $365.37M | $0 | 0.0% |
| 2022 | $294.91M | $0 | 0.0% |
| 2021 | $532.03M | $0 | 0.0% |
| 2020 | $380.01M | $0 |
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.
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 |
|---|---|
| 2007-12-31 | 2.37% |
| 2007-09-29 | 24.65% |
| 2007-03-31 | 6.62% |
| 2006-09-30 | 2.82% |
| 2006-07-01 | 2.27% |
| 2006-04-01 | 2.46% |
| 2005-12-31 | 0.99% |
| 2005-09-24 | 1.06% |
| 2005-06-25 | 1.38% |
| 2005-03-26 | 1.42% |
| 2004-12-31 | 1.51% |
| 2004-09-25 | 1.85% |
| 2004-06-26 | 1.38% |
| 2004-03-27 | 1.39% |
| 2003-12-31 | 2.09% |
| 2003-09-27 | 2.04% |
| 2003-06-28 | 2.03% |
| 0.0% |
| 2019 | $340.42M | $0 | 0.0% |
| 2018 | $301.09M | $0 | 0.0% |
| 2017 | $233.83M | $0 | 0.0% |
| 2016 | $243.03M | $0 | 0.0% |
| 2015 | $223.11M | $0 | 0.0% |
| 2014 | $194.13M | $0 | 0.0% |
| 2013 | $167.99M | $0 | 0.0% |
| 2012 | $160.37M | $0 | 0.0% |
| 2011 | $156.14M | $0 | 0.0% |
| 2010 | $126.15M | $0 | 0.0% |
| 2009 | $145.03M | $0 | 0.0% |
| 2008 | $82.87M | $0 | 0.0% |
| 2007 | $57.21M | $0 | 0.0% |
| 2006 | ($17.38M) | $1.92M | N/A (Loss) |
| 2005 | $141.15M | $1.40M | 1.0% |
| 2004 | $139.49M | $2.11M | 1.5% |
| 2003 | $91.06M | $1.90M | 2.1% |
| 2002 | $96.12M | $1.47M | 1.5% |
| 2001 | $34.64M | $0.73M | 2.1% |
| 2000 | $18.20M | $0 | 0.0% |
| 1999 | $24.62M | $0 | 0.0% |
| 1998 | $25.47M | $0 | 0.0% |
