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 5.82% is 96% below its 5-year average of 149.87%, near the low end of its 5-year range (5.82%–550.20%).
As of the fiscal period ended Tuesday, September 30, 2014. 97.20% below its 12-month average of 207.73%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
5.82%
FCF PAYOUT RATIO AVG TTM
207.73%
FCF PAYOUT RATIO AVG 3Y
205.58%
FCF PAYOUT RATIO AVG 5Y
149.87%
FCF PAYOUT RATIO AVG 10Y
157.51%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-97.20%
CURRENT VS 3Y AVG
-97.17%
CURRENT VS 5Y AVG
-96.11%
CURRENT VS 10Y AVG
-96.30%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
5.8%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
2.69%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | ($636.00M) | $0 | N/A (Loss) |
| 2024 | $544.00M | $0 | 0.0% |
| 2023 | $1.58B | $0 | 0.0% |
| 2022 | $682.00M | $0 | 0.0% |
| 2021 | $2.04B | $0 | 0.0% |
| 2020 | $1.82B | $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 |
|---|---|
| 2014-09-30 | 5.82% |
| 2014-06-30 | 10.85% |
| 2014-03-31 | 17.13% |
| 2013-12-31 | 550.20% |
| 2013-09-30 | 454.65% |
| 2013-03-31 | 194.82% |
| 2010-06-30 | 36.55% |
| 2010-03-31 | 62.77% |
| 2009-12-31 | 16.02% |
| 2008-06-30 | 246.66% |
| 2008-03-31 | 276.22% |
| 2007-12-31 | 146.79% |
| 2004-09-30 | 29.10% |
| 2004-06-30 | 42.93% |
| 2004-03-31 | 44.83% |
| 2003-12-31 | 54.81% |
| 0.0% |
| 2019 | $370.00M | $0 | 0.0% |
| 2018 | ($344.00M) | $0 | N/A (Loss) |
| 2017 | $718.00M | $0 | 0.0% |
| 2016 | $497.00M | $0 | 0.0% |
| 2015 | $993.00M | $0 | 0.0% |
| 2014 | $945.32M | $0 | 0.0% |
| 2013 | $92.03M | $0 | 0.0% |
| 2012 | $266.15M | $0 | 0.0% |
| 2011 | $164.81M | $0 | 0.0% |
| 2010 | $113.11M | $0 | 0.0% |
| 2009 | $119.11M | $0 | 0.0% |
| 2008 | $5.74M | $0 | 0.0% |
| 2007 | $136.33M | $0 | 0.0% |
| 2006 | $82.02M | $0 | 0.0% |
| 2005 | $83.30M | $0 | 0.0% |
| 2004 | $80.28M | $0 | 0.0% |
| 2003 | $37.20M | $0 | 0.0% |
| 2002 | $39.52M | $0 | 0.0% |
