Microsoft Corporation (MSFT) FCF Payout Ratio: 36.29%
Is Microsoft Corporation’s fcf payout ratio high or low?
Microsoft Corporation's fcf payout ratio of 36.29% is 16% above its 5-year average of 31.18%, near the high end of its 5-year range (27.84%–33.63%).
The fcf payout ratio for Microsoft Corporation (MSFT) is 36.29%. It is above its 12-month average by 15.17% (31.51%).
MSFT FCF Payout Ratio Chart
MSFT Average FCF Payout Ratio Chart
MSFT Current vs Average FCF Payout Ratio Chart
MSFT FCF Payout Ratio Metrics
FCF PAYOUT RATIO
36.29%
FCF PAYOUT RATIO AVG TTM
31.51%
FCF PAYOUT RATIO AVG 3Y
31.04%
FCF PAYOUT RATIO AVG 5Y
31.18%
FCF PAYOUT RATIO AVG 10Y
35.09%
FCF PAYOUT RATIO AVG 15Y
32.04%
FCF PAYOUT RATIO AVG 20Y
40.16%
CURRENT VS TTM AVG
+15.17%
CURRENT VS 3Y AVG
+16.92%
CURRENT VS 5Y AVG
+16.41%
CURRENT VS 10Y AVG
+3.42%
CURRENT VS 15Y AVG
+13.25%
CURRENT VS 20Y AVG
-9.64%
Payout Ratio Comparison
FCF Payout Ratio
36.3%
Earnings Payout Ratio
26.0%
Dividend Yield
0.88%
FCF Yield
2.43%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $71.61B | $24.08B | 33.6% |
| 2024 | $74.07B | $21.77B | 29.4% |
| 2023 | $59.48B | $19.80B | 33.3% |
| 2022 | $65.15B | $18.14B | 27.8% |
| 2021 | $56.12B | $16.52B | 29.4% |
| 2020 | $45.23B | $15.14B | 33.5% |
| 2019 | $38.26B | $13.81B | 36.1% |
| 2018 | $32.25B | $12.70B | 39.4% |
| 2017 | $31.38B | $11.85B | 37.7% |
| 2016 | $24.98B | $11.01B | 44.1% |
| 2015 | $23.72B | $9.88B | 41.7% |
| 2014 | $27.02B | $8.88B | 32.9% |
| 2013 | $24.58B | $7.46B | 30.3% |
| 2012 | $29.32B | $6.38B | 21.8% |
| 2011 | $24.64B | $5.18B | 21.0% |
| 2010 | $22.10B | $4.58B | 20.7% |
| 2009 | $15.92B | $4.47B | 28.1% |
| 2008 | $18.43B | $4.01B | 21.8% |
| 2007 | $15.53B | $3.81B | 24.5% |
| 2006 | $12.83B | $3.54B | 27.6% |
| 2005 | $15.79B | $36.11B | 228.7% |
| 2004 | $13.52B | $1.73B | 12.8% |
| 2003 | $14.91B | $857.00M | 5.7% |
| 2002 | $13.74B | $0 | 0.0% |
| 2001 | $12.32B | $0 | 0.0% |
| 2000 | $10.55B | $13.00M | 0.1% |
| 1999 | $12.55B | $28.00M | 0.2% |
| 1998 | $7.59B | $28.00M | 0.4% |
| 1997 | $4.19B | $15.00M | 0.4% |
| 1996 | $3.23B | $0 | 0.0% |
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.
Microsoft Corporation 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
Microsoft Corporation FCF Payout Ratio FAQ
- What is the fcf payout ratio for Microsoft Corporation (MSFT)?
- The fcf payout ratio for MSFT stock is 36.29%.
- Is Microsoft Corporation's fcf payout ratio high or low?
- Microsoft Corporation's fcf payout ratio of 36.29% is 16% above its 5-year average of 31.18%, near the high end of its 5-year range (27.84%–33.63%).
- What is the TTM average fcf payout ratio for Microsoft Corporation (MSFT)?
- The TTM average fcf payout ratio for MSFT stock is 31.51%.
- What is the 3Y average fcf payout ratio for Microsoft Corporation (MSFT)?
- The 3Y average fcf payout ratio for MSFT stock is 31.04%.
- What is the 5Y average fcf payout ratio for Microsoft Corporation (MSFT)?
- The 5Y average fcf payout ratio for MSFT stock is 31.18%.
- What is the 10Y average fcf payout ratio for Microsoft Corporation (MSFT)?
- The 10Y average fcf payout ratio for MSFT stock is 35.09%.
- What is the 15Y average fcf payout ratio for Microsoft Corporation (MSFT)?
- The 15Y average fcf payout ratio for MSFT stock is 32.04%.
- What is the 20Y average fcf payout ratio for Microsoft Corporation (MSFT)?
- The 20Y average fcf payout ratio for MSFT stock is 40.16%.
Microsoft Corporation FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-06-30 | 33.63% |
| 2024-06-30 | 29.39% |
| 2023-06-30 | 33.29% |
| 2022-06-30 | 27.84% |
| 2021-06-30 | 29.44% |
| 2020-06-30 | 33.46% |
| 2019-06-30 | 36.10% |
| 2018-06-30 | 39.37% |
| 2017-06-30 | 37.75% |
| 2016-06-30 | 44.06% |
| 2015-06-30 | 41.65% |
| 2014-06-30 | 32.86% |
| 2013-06-30 | 30.33% |
| 2012-06-30 | 21.78% |
| 2011-06-30 | 21.02% |
| 2010-06-30 | 20.72% |
| 2009-06-30 | 28.07% |
| 2008-06-30 | 21.79% |
| 2007-06-30 | 24.50% |
| 2006-06-30 | 27.64% |
| 2005-06-30 | 228.66% |
| 2004-06-30 | 12.79% |
| 2003-06-30 | 5.75% |
| 2000-06-30 | 0.12% |
| 1999-06-30 | 0.22% |
| 1998-06-30 | 0.37% |
| 1997-06-30 | 0.36% |