JD.com, Inc. (JD) FCF Payout Ratio: 190.24%
Is JD.com, Inc.’s FCF payout ratio high or low?
JD.com, Inc.'s FCF payout ratio of 190.24% is 164% above its 3-year average of 72.04%, near the high end of its 3-year range (17.06%–215.91%).
62.20% above its 12-month average of 117.29%.
JD FCF Payout Ratio Chart
JD Average FCF Payout Ratio Chart
JD Current vs Average FCF Payout Ratio Chart
JD FCF Payout Ratio Metrics
FCF PAYOUT RATIO
190.24%
FCF PAYOUT RATIO AVG TTM
117.29%
FCF PAYOUT RATIO AVG 3Y
72.04%
FCF PAYOUT RATIO AVG 5Y
N/A
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
+62.20%
CURRENT VS 3Y AVG
+164.08%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Payout Ratio Comparison
FCF Payout Ratio
190.2%
Earnings Payout Ratio
50.8%
Dividend Yield
3.49%
FCF Yield
1.75%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $687.21M | $1.48B | 215.9% |
| 2024 | $6.06B | $1.13B | 18.7% |
| 2023 | $5.56B | $949.47M | 17.1% |
| 2022 | $5.19B | $1.90B | 36.5% |
| 2021 | $3.74B | $0 | 0.0% |
| 2020 | $5.34B | $0 | 0.0% |
| 2019 | $3.05B | $0 | 0.0% |
| 2018 | ($70.97M) | $0 | N/A (Loss) |
| 2017 | $2.07B | $0 | 0.0% |
| 2016 | $620.19M | $0 | 0.0% |
| 2015 | ($1.10B) | $0 | N/A (Loss) |
| 2014 | ($304.19M) | $0 | N/A (Loss) |
| 2013 | $376.05M | $0 | 0.0% |
| 2012 | $41.05M | $0 | 0.0% |
| 2011 | ($112.65M) | $0 | N/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.
JD.com, 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
JD.com, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for JD.com, Inc. (JD)?
- The FCF payout ratio for JD stock is 190.24%.
- Is JD.com, Inc.'s FCF payout ratio high or low?
- JD.com, Inc.'s FCF payout ratio of 190.24% is 164% above its 3-year average of 72.04%, near the high end of its 3-year range (17.06%–215.91%).
- What is the TTM average FCF payout ratio for JD.com, Inc. (JD)?
- The TTM average FCF payout ratio for JD stock is 117.29%.
- What is the 3Y average FCF payout ratio for JD.com, Inc. (JD)?
- The 3Y average FCF payout ratio for JD stock is 72.04%.
JD.com, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 215.91% |
| 2024-12-31 | 18.66% |
| 2023-12-31 | 17.06% |
| 2022-12-31 | 36.52% |
About JD.com, Inc.
JD.com, Inc. is a prominent technology and service provider based in the People's Republic of China, distinguished by its robust, supply chain-centric operations. The company's retail segment offers a comprehensive array of products. This includes computing devices, communication equipment, and various consumer electronics, alongside a broad selection of home appliances. Beyond these, JD.com provides an extensive general merchandise category, covering everything from groceries (food, beverages, fresh produce) and daily essentials (baby and maternity items, furniture, household goods, personal care, cosmetics, pharmaceuticals, health products) to specialized goods (industrial products, books, automotive accessories, apparel, footwear, bags, and jewelry). Additionally, the firm extends a variety of services, such as hosting an online marketplace for external vendors, delivering marketing solutions, providing omni-channel retail strategies for both consumers and traditional brick-and-mortar stores, and offering online healthcare services. JD.com also plays a significant role in infrastructure, developing, owning, and managing its own logistics facilities and other real estate assets. These capabilities not only support its internal operations but also serve third parties through asset management services, an integrated service platform, and the leasing and management of storage facilities. Beyond consumer and retail services, the company offers integrated industry solutions encompassing data analytics, technology, business operations, and user management, all designed to facilitate the digital transformation of various enterprises and institutions. It also delivers advanced, technology-driven supply chain and logistics services. Incorporated in 2006, JD.com, Inc. is headquartered in Beijing, the People's Republic of China. The company was formerly known as 360buy Jingdong Inc. until it officially changed its name to JD.com, Inc. in January 2014.
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- CEO
- Qiangdong Liu