The PNC Financial Services Group, Inc. (PNC) FCF Payout Ratio: 39.28%
Is The PNC Financial Services Group, Inc.’s FCF payout ratio high or low?
The PNC Financial Services Group, Inc.'s FCF payout ratio of 39.28% is in line with its 5-year average of 40.17%, near the low end of its 5-year range (28.46%–67.13%).
24.31% below its 12-month average of 51.90%.
PNC FCF Payout Ratio Chart
PNC Average FCF Payout Ratio Chart
PNC Current vs Average FCF Payout Ratio Chart
PNC FCF Payout Ratio Metrics
FCF PAYOUT RATIO
39.28%
FCF PAYOUT RATIO AVG TTM
51.90%
FCF PAYOUT RATIO AVG 3Y
40.47%
FCF PAYOUT RATIO AVG 5Y
40.17%
FCF PAYOUT RATIO AVG 10Y
34.49%
FCF PAYOUT RATIO AVG 15Y
28.43%
FCF PAYOUT RATIO AVG 20Y
26.89%
CURRENT VS TTM AVG
-24.31%
CURRENT VS 3Y AVG
-2.95%
CURRENT VS 5Y AVG
-2.22%
CURRENT VS 10Y AVG
+13.89%
CURRENT VS 15Y AVG
+38.14%
CURRENT VS 20Y AVG
+46.07%
Payout Ratio Comparison
FCF Payout Ratio
39.3%
Earnings Payout Ratio
40.9%
Dividend Yield
2.86%
FCF Yield
6.98%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $4.38B | $2.94B | 67.1% |
| 2024 | $7.88B | $2.89B | 36.7% |
| 2023 | $10.11B | $2.88B | 28.5% |
| 2022 | $9.08B | $2.69B | 29.6% |
| 2021 | $7.21B | $2.29B | 31.7% |
| 2020 | $4.66B | $2.21B | 47.4% |
| 2019 | $7.36B | $2.13B | 28.9% |
| 2018 | $7.84B | $1.84B | 23.4% |
| 2017 | $5.58B | $1.50B | 26.9% |
| 2016 | $3.50B | $1.27B | 36.3% |
| 2015 | $5.53B | $1.26B | 22.8% |
| 2014 | $5.58B | $1.23B | 22.1% |
| 2013 | $5.55B | $1.15B | 20.7% |
| 2012 | $6.81B | $997.00M | 14.6% |
| 2011 | $6.03B | $660.00M | 10.9% |
| 2010 | $4.81B | $350.00M | 7.3% |
| 2009 | $5.75B | $818.00M | 14.2% |
| 2008 | $7.41B | $923.00M | 12.4% |
| 2007 | ($416.00M) | $806.00M | N/A (Loss) |
| 2006 | $2.16B | $633.00M | 29.3% |
| 2005 | ($680.00M) | $575.00M | N/A (Loss) |
| 2004 | $460.00M | $566.00M | 123.0% |
| 2003 | $1.67B | $546.00M | 32.7% |
| 2002 | $2.65B | $546.00M | 20.6% |
| 2001 | $1.27B | $569.00M | 44.9% |
| 2000 | $3.05B | $546.00M | 17.9% |
| 1999 | $1.77B | $520.00M | 29.3% |
| 1998 | $726.00M | $495.00M | 68.2% |
| 1997 | ($41.00M) | $488.00M | N/A (Loss) |
| 1996 | $210.00M | $488.00M | 232.4% |
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.
The PNC Financial Services Group, Inc. 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
The PNC Financial Services Group, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for The PNC Financial Services Group, Inc. (PNC)?
- The FCF payout ratio for PNC stock is 39.28%.
- Is The PNC Financial Services Group, Inc.'s FCF payout ratio high or low?
- The PNC Financial Services Group, Inc.'s FCF payout ratio of 39.28% is in line with its 5-year average of 40.17%, near the low end of its 5-year range (28.46%–67.13%).
- What is the TTM average FCF payout ratio for The PNC Financial Services Group, Inc. (PNC)?
- The TTM average FCF payout ratio for PNC stock is 51.90%.
- What is the 3Y average FCF payout ratio for The PNC Financial Services Group, Inc. (PNC)?
- The 3Y average FCF payout ratio for PNC stock is 40.47%.
- What is the 5Y average FCF payout ratio for The PNC Financial Services Group, Inc. (PNC)?
- The 5Y average FCF payout ratio for PNC stock is 40.17%.
- What is the 10Y average FCF payout ratio for The PNC Financial Services Group, Inc. (PNC)?
- The 10Y average FCF payout ratio for PNC stock is 34.49%.
- What is the 15Y average FCF payout ratio for The PNC Financial Services Group, Inc. (PNC)?
- The 15Y average FCF payout ratio for PNC stock is 28.43%.
- What is the 20Y average FCF payout ratio for The PNC Financial Services Group, Inc. (PNC)?
- The 20Y average FCF payout ratio for PNC stock is 26.89%.
The PNC Financial Services Group, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 67.13% |
| 2024-12-31 | 36.66% |
| 2023-12-31 | 28.46% |
| 2022-12-31 | 29.64% |
| 2021-12-31 | 31.73% |
| 2020-12-31 | 47.41% |
| 2019-12-31 | 28.94% |
| 2018-12-31 | 23.43% |
| 2017-12-31 | 26.92% |
| 2016-12-31 | 36.29% |
| 2015-12-31 | 22.75% |
| 2014-12-31 | 22.06% |
| 2013-12-31 | 20.67% |
| 2012-12-31 | 14.64% |
| 2011-12-31 | 10.94% |
| 2010-12-31 | 7.27% |
| 2009-12-31 | 14.22% |
| 2008-12-31 | 12.45% |
| 2006-12-31 | 29.32% |
| 2004-12-31 | 123.04% |
| 2003-12-31 | 32.73% |
| 2002-12-31 | 20.58% |
| 2001-12-31 | 44.94% |
| 2000-12-31 | 17.91% |
| 1999-12-31 | 29.35% |
| 1998-12-31 | 68.18% |
| 1996-12-31 | 232.38% |
About The PNC Financial Services Group, Inc.
PNC Financial Services Group, Inc. stands as a diversified financial institution operating across the United States. Founded in 1852 and headquartered in Pittsburgh, Pennsylvania, the company maintains an extensive physical footprint, boasting 2,591 branches and 9,502 ATMs. Its Retail Banking division delivers a full spectrum of financial solutions to individual consumers and small businesses. This includes a variety of deposit accounts such as checking, savings, money market, and certificates of deposit. Lending products span residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education financing, and personal and small business loans and credit lines. Additionally, the segment provides brokerage, insurance, investment, and cash management services, all accessible via its branch network, ATMs, call centers, and digital banking channels. The Corporate & Institutional Banking segment caters to the needs of mid-sized and large corporations, government entities, and not-for-profit organizations. It offers secured and unsecured commercial loans, letters of credit, and equipment leases. Services extend to sophisticated cash and investment management, including receivables and disbursement handling, fund transfers, international payment processing, and access to online/mobile information reporting. Furthermore, this segment provides expert advice on foreign exchange, derivatives, fixed income, securities underwriting, loan syndications, and mergers and acquisitions, alongside offering equity capital markets advisory, commercial loan servicing, and technology solutions. PNC's Asset Management Group specializes in wealth management for a diverse clientele. For high net worth and ultra high net worth individuals and their families, it delivers tailored investment and retirement planning, customized investment management, credit and cash management strategies, and trust administration. This also includes specialized multi-generational family planning services for its wealthiest clients. Institutional clients benefit from outsourced chief investment officer capabilities, custody services, private real estate investment opportunities, cash and fixed income solutions, and fiduciary retirement advisory services.
- Sector
- Financial Services
- Industry
- Banks - Regional
- CEO
- William S. Demchak