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Gilead Sciences, Inc. (GILD) FCF Payout Ratio: 38.80%

Is Gilead Sciences, Inc.’s FCF payout ratio high or low?

Gilead Sciences, Inc.'s FCF payout ratio of 38.80% is in line with its 5-year average of 42.56%, around the middle of its 5-year range (33.36%–51.33%).

The FCF payout ratio for Gilead Sciences, Inc. (GILD) is 38.80%. It is below its 12-month average by 3.43% (40.18%).

GILD FCF Payout Ratio Chart

GILD FCF Payout Ratio
42.33%+11.34% 1Y
Zoom

GILD Average FCF Payout Ratio Chart

GILD Current vs Average FCF Payout Ratio Chart

GILD FCF Payout Ratio Metrics

FCF PAYOUT RATIO

38.80%

FCF PAYOUT RATIO AVG TTM

40.18%

FCF PAYOUT RATIO AVG 3Y

44.03%

FCF PAYOUT RATIO AVG 5Y

42.56%

FCF PAYOUT RATIO AVG 10Y

34.75%

FCF PAYOUT RATIO AVG 15Y

34.75%

FCF PAYOUT RATIO AVG 20Y

34.75%

CURRENT VS TTM AVG

-3.43%

CURRENT VS 3Y AVG

-11.88%

CURRENT VS 5Y AVG

-8.84%

CURRENT VS 10Y AVG

+11.67%

CURRENT VS 15Y AVG

+11.67%

CURRENT VS 20Y AVG

+11.67%

Payout Ratio Comparison

FCF Payout Ratio

38.8%

Earnings Payout Ratio

46.6%

Dividend Yield

2.54%

FCF Yield

6.50%

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2025$9.46B$4.00B42.3%
2024$10.30B$3.92B38.0%
2023$7.42B$3.81B51.3%
2022$8.34B$3.71B44.5%
2021$10.80B$3.60B33.4%
2020$7.52B$3.45B45.9%
2019$8.32B$3.22B38.7%
2018$7.48B$2.97B39.7%
2017$11.31B$2.73B24.2%
2016$16.30B$2.46B15.1%
2015$20.50B$1.87B9.1%
2014$12.26B$00.0%
2013$2.92B$00.0%
2012$2.80B$00.0%
2011$3.51B$00.0%
2010$2.77B$00.0%
2009$2.85B$00.0%
2008$2.03B$00.0%
2007$1.69B$00.0%
2006$1.11B$00.0%
2005$657.69M$00.0%
2004$456.60M$00.0%
2003$196.00M$00.0%
2002$56.81M$00.0%
2001($153.31M)$0N/A (Loss)
2000($53.82M)$0N/A (Loss)
1999($75.10M)$0N/A (Loss)
1998($62.30M)$0N/A (Loss)
1997($68.30M)$0N/A (Loss)
1996($20.20M)$0N/A (Loss)

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.

Gilead Sciences, 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

Gilead Sciences, Inc. FCF Payout Ratio FAQ

What is the FCF payout ratio for Gilead Sciences, Inc. (GILD)?
The FCF payout ratio for GILD stock is 38.80%.
Is Gilead Sciences, Inc.'s FCF payout ratio high or low?
Gilead Sciences, Inc.'s FCF payout ratio of 38.80% is in line with its 5-year average of 42.56%, around the middle of its 5-year range (33.36%–51.33%).
What is the TTM average FCF payout ratio for Gilead Sciences, Inc. (GILD)?
The TTM average FCF payout ratio for GILD stock is 40.18%.
What is the 3Y average FCF payout ratio for Gilead Sciences, Inc. (GILD)?
The 3Y average FCF payout ratio for GILD stock is 44.03%.
What is the 5Y average FCF payout ratio for Gilead Sciences, Inc. (GILD)?
The 5Y average FCF payout ratio for GILD stock is 42.56%.
What is the 10Y average FCF payout ratio for Gilead Sciences, Inc. (GILD)?
The 10Y average FCF payout ratio for GILD stock is 34.75%.
What is the 15Y average FCF payout ratio for Gilead Sciences, Inc. (GILD)?
The 15Y average FCF payout ratio for GILD stock is 34.75%.
What is the 20Y average FCF payout ratio for Gilead Sciences, Inc. (GILD)?
The 20Y average FCF payout ratio for GILD stock is 34.75%.

Gilead Sciences, Inc. FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2025-12-3142.33%
2024-12-3138.02%
2023-12-3151.33%
2022-12-3144.45%
2021-12-3133.36%
2020-12-3145.88%
2019-12-3138.73%
2018-12-3139.74%
2017-12-3124.15%
2016-12-3115.06%
2015-12-319.14%

About Gilead Sciences, Inc.

Gilead Sciences, Inc. is a global biopharmaceutical enterprise, with operations spanning the United States, Europe, and numerous international markets. Its core mission involves discovering, developing, and commercializing innovative medications to address critical health needs. The company's extensive product portfolio encompasses treatments for a variety of severe conditions. For HIV/AIDS, it supplies key therapies such as Biktarvy, Genvoya, Descovy, Odefsey, Truvada, Complera/Eviplera, Stribild, and Atripla. In response to the 2019 coronavirus pandemic, Gilead provides Veklury, an injectable drug for intravenous administration. Its offerings for liver diseases include Epclusa, Harvoni, Vosevi, Vemlidy, and Viread. Furthermore, Gilead assists patients battling hematological disorders, various cancers, and those undergoing cell therapy, through products like Yescarta, Tecartus, Trodelvy, and Zydelig. Other specialized medicines include Letairis, an oral drug for pulmonary arterial hypertension; Ranexa, also an oral medication, for chronic angina; and AmBisome, a liposomal formulation designed to combat serious invasive fungal infections. Gilead Sciences, Inc. actively engages in collaboration agreements with a diverse range of partners to advance its therapeutic pipeline. These include Arcus Biosciences, Inc., Pionyr Immunotherapeutics Inc., Tizona Therapeutics, Inc., Tango Therapeutics, Inc., Jounce Therapeutics, Inc., Galapagos NV, Janssen Sciences Ireland Unlimited Company, Japan Tobacco, Inc., Gadeta B.V., Bristol-Myers Squibb Company, Dragonfly Therapeutics, Inc., and Merck & Co, Inc. The company was founded in 1987 and its corporate headquarters are situated in Foster City, California.

Foster City, CA
17,600 employees
Healthcare / Drug Manufacturers - General
Sector
Healthcare
Industry
Drug Manufacturers - General
CEO
Daniel O'Day