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 6.90% is in line with its 1-year average of 6.83%, around the middle of its 1-year range (6.23%–7.43%).
As of the fiscal period ended Monday, July 31, 2017.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
6.90%
FCF PAYOUT RATIO AVG TTM
N/A
FCF PAYOUT RATIO AVG 3Y
N/A
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
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
6.9%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
2.62%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.28B | $0 | 0.0% |
| 2024 | $898.00M | $0 | 0.0% |
| 2023 | $1.21B | $0 | 0.0% |
| 2022 | $959.00M | $0 | 0.0% |
| 2021 | $1.15B | $0 | 0.0% |
| 2020 | $899.00M | $0 | 0.0% |
| 2019 | $878.00M | $0 | 0.0% |
| 2018 | $423.00M | $0 | 0.0% |
| 2017 | $241.00M | $0 | 0.0% |
| 2016 | $325.00M | $0 | 0.0% |
| 2015 | $284.00M | $0 | 0.0% |
| 2014 | $493.00M | $0 | 0.0% |
| 2013 | $497.00M | $0 | 0.0% |
| 2012 | $621.00M | $0 | 0.0% |
| 2011 | $656.00M | $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.
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 |
|---|---|
| 2017-07-31 | 6.90% |
| 2017-04-30 | 7.43% |
| 2017-01-31 | 6.23% |
| 2016-10-31 | 6.77% |
