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 0.79% is 69% below its 4-year average of 2.56%, near the low end of its 4-year range (0.50%–23.84%).
As of the fiscal period ended Friday, October 2, 2009. 12.64% above its 12-month average of 0.70%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
0.79%
FCF PAYOUT RATIO AVG TTM
0.70%
FCF PAYOUT RATIO AVG 3Y
1.97%
FCF PAYOUT RATIO AVG 5Y
2.56%
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
+12.64%
CURRENT VS 3Y AVG
-59.91%
CURRENT VS 5Y AVG
-69.11%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
0.8%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
5.89%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.42B | $0 | 0.0% |
| 2024 | $1.21B | $0 | 0.0% |
| 2023 | $438.40M | $0 | 0.0% |
| 2022 | $1.60B | $0 | 0.0% |
| 2021 | $1.29B | $0 | 0.0% |
| 2020 | $400.70M | $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 |
|---|---|
| 2009-10-02 | 0.79% |
| 2009-07-03 | 0.70% |
| 2009-04-03 | 0.82% |
| 2008-12-31 | 0.50% |
| 2008-09-26 | 1.33% |
| 2008-06-27 | 2.01% |
| 2008-03-28 | 1.90% |
| 2007-12-31 | 4.65% |
| 2007-09-28 | 2.46% |
| 2007-06-29 | 2.35% |
| 2007-03-30 | 4.12% |
| 2006-12-31 | 2.02% |
| 2006-09-29 | 6.45% |
| 2006-06-30 | 5.95% |
| 2006-03-31 | 2.00% |
| 2005-12-31 | 2.89% |
| 2005-09-30 | 23.84% |
| 2004-10-01 | 12.96% |
| 0.0% |
| 2019 | $60.10M | $0 | 0.0% |
| 2018 | $759.40M | $0 | 0.0% |
| 2017 | $706.70M | $0 | 0.0% |
| 2016 | $368.20M | $0 | 0.0% |
| 2015 | $198.40M | $0 | 0.0% |
| 2014 | $277.00M | $0 | 0.0% |
| 2013 | $170.80M | $0 | 0.0% |
| 2012 | $19.70M | $0 | 0.0% |
| 2011 | $229.10M | $0 | 0.0% |
| 2010 | $360.70M | $0 | 0.0% |
| 2009 | $218.40M | $0 | 0.0% |
| 2008 | $298.80M | $1.50M | 0.5% |
| 2007 | $176.40M | $4.10M | 2.3% |
| 2006 | $138.90M | $1.40M | 1.0% |
| 2005 | $145.30M | $4.20M | 2.9% |
| 2004 | ($43.40M) | $4.20M | N/A (Loss) |
| 2003 | ($14.10M) | $0 | N/A (Loss) |
| 2002 | $5.90M | $0 | 0.0% |
| 2001 | ($265.40M) | $0 | N/A (Loss) |
| 2000 | $102.00M | $0 | 0.0% |
