Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The FCF payout ratio is N/A as of the fiscal period ended Sunday, December 31, 2023.
Reported annual FCF payout ratio; periods with losses or near-zero free cash flow are omitted. Historical series through 2023-12-31.
FCF PAYOUT RATIO
N/A
FCF PAYOUT RATIO AVG TTM
54.78%
FCF PAYOUT RATIO AVG 3Y
47.50%
FCF PAYOUT RATIO AVG 5Y
69.66%
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
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
N/A
Earnings Payout Ratio
N/A
Dividend Yield
5.90%
FCF Yield
N/A
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | ($1.45B) | $1.49B | N/A (Loss) |
| 2024 | ($151.00M) | $1.97B | N/A (Loss) |
| 2023 | $2.72B | $1.97B | 72.5% |
| 2022 | $5.42B | $2.01B | 37.0% |
| 2021 | $5.51B | $2.07B | 37.6% |
| 2020 | $4.84B | $2.07B | 42.8% |
| 2019 | $3.96B | $2.08B | 52.7% |
| 2018 | $2.12B | $3.71B | 175.3% |
| 2017 | ($7.92B) | $3.23B | N/A (Loss) |
| 2016 | ($6.95B) | $2.46B | N/A (Loss) |
| 2015 | $3.90B | $2.25B | 57.7% |
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 |
|---|---|
| 2023-12-31 | 72.53% |
| 2022-12-31 | 37.03% |
| 2021-12-31 | 37.64% |
| 2020-12-31 | 42.80% |
| 2019-12-31 | 52.65% |
| 2018-12-31 | 175.30% |
| 2015-12-31 | 57.71% |
