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MSTRStrategy Inc

FCF Payout Ratio: 13.30%

FCF Payout Ratio

MSTR FCF Payout Ratio

13.30%

Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.

+9838.73% 5Y

MSTR FCF Payout Ratio Metrics

FCF PAYOUT RATIO

13.30%

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

Payout Ratio Comparison

FCF Payout Ratio TTM

13.3%

Earnings Payout Ratio

N/A

Dividend Yield

N/A

FCF Yield

14.39%

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2025($22.58B)$381.37MN/A (Loss)
2024($22.14B)$0N/A (Loss)
2023($1.89B)$0N/A (Loss)
2022($287.20M)$0N/A (Loss)
2021($2.54B)$0N/A (Loss)
2020($1.08B)$0N/A (Loss)
2019$50.69M$00.0%
2018$3.78M$00.0%
2017$74.34M$00.0%
2016$108.25M$00.0%
2015$136.62M$00.0%
2014($6.20M)$0N/A (Loss)
2013$13.45M$00.0%
2012$12.12M$00.0%
2011$18.22M$00.0%
2010$57.35M$00.0%
2009$73.96M$0.06M0.1%
2008$45.18M$00.0%
2007$91.77M$00.0%
2006$99.61M$00.0%
2005$100.64M$00.0%
2004$79.91M$00.0%
2003$32.46M$00.0%
2002($6.99M)$0N/A (Loss)
2001($6.75M)$0.19MN/A (Loss)
2000($129.89M)$0N/A (Loss)
1999($23.64M)$0N/A (Loss)
1998($11.84M)$0N/A (Loss)
1997($1.00M)$0N/A (Loss)

Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q 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.

FCF Payout Ratio Formula & Definition

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

FCF Payout Ratio FAQ

What is the FCF payout ratio for Strategy Inc (MSTR)?
The FCF payout ratio for MSTR stock is 13.30%.

MSTR FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2026-03-3113.30%
2009-12-310.08%
2009-09-300.13%
2009-06-300.17%
2009-03-310.13%

About Strategy Inc

Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally. It offers investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments. The company also provides AI-powered enterprise analytics software, including Strategy One, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making. In addition, the company provides Strategy Mosaic, a universal intelligence layer that offers enterprises with consistent definitions and governance across data sources, regardless of where that data resides or which tools access it. The company was formerly known as MicroStrategy Incorporated and changed its name to Strategy Inc in August 2025. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.

Tysons Corner, VA
1,539 employees
Technology / Software - Application
Sector
Technology
Industry
Software - Application
CEO
Phong Le