Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
The FCF payout ratio is 686.69% as of the fiscal period ended Thursday, March 31, 2022.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
686.69%
FCF PAYOUT RATIO AVG TTM
368.45%
FCF PAYOUT RATIO AVG 3Y
242.75%
FCF PAYOUT RATIO AVG 5Y
203.89%
FCF PAYOUT RATIO AVG 10Y
199.38%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+86.38%
CURRENT VS 3Y AVG
+182.88%
CURRENT VS 5Y AVG
+236.80%
CURRENT VS 10Y AVG
+244.42%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
686.7%
Earnings Payout Ratio
689.2%
Dividend Yield
2.78%
FCF Yield
N/A
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | ($931.63M) | $919.39M | N/A (Loss) |
| 2024 | ($657.24M) | $789.53M | N/A (Loss) |
| 2023 | ($231.53M) | $737.65M | N/A (Loss) |
| 2022 | $44.11M | $724.39M | n/m |
| 2021 | $134.53M | $718.34M | 534.0% |
| 2020 | $534.40M | $716.29M | 134.0% |
| 2019 | $218.20M | $704.53M | 322.9% |
| 2018 | $403.01M | $673.63M | 167.2% |
| 2017 | $302.65M | $440.00M | 145.4% |
| 2016 | $164.53M | $505.87M | 307.5% |
| 2015 | $196.40M | $406.51M | 207.0% |
| 2014 | $76.58M | $542.30M | 708.2% |
| 2013 | $190.06M | $206.80M | 108.8% |
| 2012 | $163.18M | $318.85M | 195.4% |
| 2011 | $384.58M | $172.62M | 44.9% |
| 2010 | $353.09M | $37.89M | 10.7% |
| 2009 | $293.39M | $0 | 0.0% |
| 2008 | $135.78M | $0 | 0.0% |
| 2007 | $98.20M | $0 | 0.0% |
| 2006 | ($21.94M) | $0 | N/A (Loss) |
| 2005 | $91.62M | $0 | 0.0% |
| 2004 | $73.40M | $0 | 0.0% |
| 2003 | $84.22M | $0 | 0.0% |
| 2002 | $57.95M | $0 | 0.0% |
| 2001 | ($36.13M) | $0 | N/A (Loss) |
| 2000 | ($11.10M) | $0 | N/A (Loss) |
| 1999 | ($255.50M) | $0 | N/A (Loss) |
| 1998 | ($178.50M) | $0 | N/A (Loss) |
| 1997 | ($208.10M) | $0 | N/A (Loss) |
| 1996 | ($2.67M) | $0.60M | N/A (Loss) |
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 |
|---|---|
| 2022-03-31 | 686.69% |
| 2021-12-31 | 533.98% |
| 2021-09-30 | 273.21% |
| 2021-06-30 | 183.05% |
| 2021-03-31 | 165.29% |
| 2020-12-31 | 134.04% |
| 2020-09-30 | 154.99% |
| 2020-06-30 | 167.65% |
| 2020-03-31 | 211.38% |
| 2019-12-31 | 322.89% |
| 2019-09-30 | 320.42% |
| 2019-06-30 | 248.10% |
| 2019-03-31 | 198.03% |
| 2018-12-31 | 167.15% |
| 2018-09-30 | 195.36% |
| 2018-06-30 | 193.74% |
| 2018-03-31 | 253.67% |
| 2017-12-31 | 145.38% |
| 2017-09-30 | 177.45% |
| 2017-06-30 | 159.26% |
| 2017-03-31 | 202.77% |
| 2016-12-31 | 307.47% |
| 2016-09-30 | 185.48% |
| 2016-06-30 | 211.01% |
| 2016-03-31 | 152.62% |
| 2015-12-31 | 206.98% |
| 2015-09-30 | 429.79% |
| 2015-06-30 | 621.37% |
| 2014-12-31 | 708.17% |
| 2014-09-30 | 276.39% |
| 2014-06-30 | 157.48% |
| 2014-03-31 | 168.11% |
| 2013-12-31 | 108.81% |
| 2013-09-30 | 221.19% |
| 2013-06-30 | 295.17% |
| 2013-03-31 | 213.58% |
| 2012-12-31 | 195.39% |
| 2012-09-30 | 68.73% |
| 2012-06-30 | 52.64% |
| 2012-03-31 | 52.97% |
| 2011-12-31 | 44.86% |
| 2011-09-30 | 39.83% |
| 2011-06-30 | 28.85% |
| 2011-03-31 | 20.74% |
| 2010-12-31 | 14.62% |
| 2010-09-30 | 11.62% |
| 2010-06-30 | 8.08% |
| 2010-03-31 | 4.43% |
