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 103.22% is 101% above its 2-year average of 51.28%, near the high end of its 2-year range (0.30%–109.86%).
As of the fiscal period ended Thursday, September 30, 2010. 26.39% above its 12-month average of 81.67%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
103.22%
FCF PAYOUT RATIO AVG TTM
81.67%
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
+26.39%
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
103.2%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
3.60%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $9.46B | $0 | 0.0% |
| 2024 | $6.92B | $0 | 0.0% |
| 2023 | $6.93B | $0 | 0.0% |
| 2022 | $1.62B | $0 | 0.0% |
| 2021 | ($131.97M) | $0 | N/A (Loss) |
| 2020 | $1.93B | $0 | 0.0% |
| 2019 | ($3.14B) | $0 | N/A (Loss) |
| 2018 |
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 |
|---|---|
| 2010-09-30 | 103.22% |
| 2010-06-30 | 109.86% |
| 2010-03-31 | 103.46% |
| 2009-12-31 | 91.51% |
| 2009-09-30 | 0.30% |
| 2009-06-30 | 0.30% |
| 2009-03-31 | 0.84% |
| 2008-12-31 | 0.77% |
| ($2.89B) |
| $0 |
| N/A (Loss) |
| 2017 | ($2.01B) | $0 | N/A (Loss) |
| 2016 | ($1.66B) | $0 | N/A (Loss) |
| 2015 | ($918.64M) | $0 | N/A (Loss) |
| 2014 | ($128.03M) | $0 | N/A (Loss) |
| 2013 | ($22.24M) | $0 | N/A (Loss) |
| 2012 | ($66.97M) | $0 | N/A (Loss) |
| 2011 | $182.88M | $0 | 0.0% |
| 2010 | $242.06M | $0 | 0.0% |
| 2009 | $85.89M | $0 | 0.0% |
| 2008 | $76.34M | $0 | 0.0% |
| 2007 | $247.02M | $0 | 0.0% |
| 2006 | $50.42M | $0 | 0.0% |
| 2005 | $132.36M | $0 | 0.0% |
| 2004 | $132.61M | $0 | 0.0% |
| 2003 | $25.30M | $0 | 0.0% |
| 2002 | $13.29M | $0 | 0.0% |
| 2001 | ($7.24M) | $0 | N/A (Loss) |
