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 0.35% is 99% below its 5-year average of 51.72%, near the low end of its 5-year range (0.19%–874.07%).
As of the fiscal period ended Saturday, May 1, 2021. 22.57% below its 12-month average of 0.45%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
0.35%
FCF PAYOUT RATIO AVG TTM
0.45%
FCF PAYOUT RATIO AVG 3Y
144.39%
FCF PAYOUT RATIO AVG 5Y
51.72%
FCF PAYOUT RATIO AVG 10Y
30.52%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-22.57%
CURRENT VS 3Y AVG
-99.76%
CURRENT VS 5Y AVG
-99.33%
CURRENT VS 10Y AVG
-98.86%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
0.3%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
6.15%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $597.30M | $0 | 0.0% |
| 2025 | $129.60M | $0 | 0.0% |
| 2024 | ($238.60M) | $0 | N/A (Loss) |
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 |
|---|---|
| 2021-05-01 | 0.35% |
| 2021-01-31 | 0.94% |
| 2020-10-31 | 0.40% |
| 2020-08-01 | 0.19% |
| 2020-05-02 | 0.37% |
| 2019-08-03 | 874.07% |
| 2019-05-04 | 161.15% |
| 2019-01-31 | 68.02% |
| 2018-11-03 | 87.77% |
| 2018-08-04 | 74.57% |
| 2018-05-05 | 320.49% |
| 2018-01-31 | 48.27% |
| 2017-10-28 | 58.07% |
| 2017-07-29 | 28.71% |
| 2017-04-29 | 29.50% |
| 2017-01-31 | 39.43% |
| 2016-10-29 | 34.79% |
| 2016-07-30 | 195.01% |
| 2016-04-30 | 66.61% |
| 2016-01-31 | 31.87% |
| 2015-10-31 | 33.59% |
| 2015-08-01 | 27.38% |
| 2015-05-02 | 32.04% |
| 2015-01-31 | 46.37% |
| 2014-11-01 | 61.17% |
| 2014-08-02 | 26.64% |
| 2014-05-03 | 22.47% |
| 2014-01-31 | 18.15% |
| 2013-11-02 | 16.32% |
| 2013-08-03 | 21.77% |
| 2013-05-04 | 23.32% |
| 2013-01-31 | 20.70% |
| 2012-10-27 | 14.55% |
| 2012-07-28 | 7.38% |
| 2012-04-28 | 4.56% |
| 2023 |
| $52.30M |
| $0 |
| 0.0% |
| 2022 | ($496.30M) | $0 | N/A (Loss) |
| 2021 | $63.70M | $0.30M | 0.5% |
| 2020 | ($493.00M) | $40.50M | N/A (Loss) |
| 2019 | $231.40M | $157.40M | 68.0% |
| 2018 | $321.50M | $155.20M | 48.3% |
| 2017 | $394.40M | $155.50M | 39.4% |
| 2016 | $483.60M | $154.10M | 31.9% |
| 2015 | $320.90M | $148.80M | 46.4% |
| 2014 | $637.10M | $130.90M | 20.5% |
| 2013 | $470.60M | $102.00M | 21.7% |
| 2012 | $476.70M | $0 | 0.0% |
| 2011 | $393.60M | $0 | 0.0% |
| 2010 | $480.40M | $0 | 0.0% |
| 2009 | $366.04M | $0 | 0.0% |
| 2008 | $327.16M | $0 | 0.0% |
| 2007 | $289.57M | $0 | 0.0% |
| 2006 | $180.72M | $0 | 0.0% |
| 2005 | $47.68M | $0 | 0.0% |
| 2004 | $6.79M | $0 | 0.0% |
| 2003 | $53.34M | $0 | 0.0% |
| 2002 | $57.66M | $0 | 0.0% |
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.
