Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
The FCF payout ratio is 686.22% as of the fiscal period ended Sunday, June 30, 2019.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
686.22%
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
509.29%
FCF PAYOUT RATIO AVG 15Y
297.27%
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
+34.74%
CURRENT VS 15Y AVG
+130.84%
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
686.2%
Earnings Payout Ratio
94.7%
Dividend Yield
2.80%
FCF Yield
N/A
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | ($6.05B) | $1.64B | N/A (Loss) |
| 2024 | ($3.31B) | $1.54B | N/A (Loss) |
| 2023 | ($2.18B) | $1.53B | N/A (Loss) |
| 2022 | ($4.21B) | $1.47B | N/A (Loss) |
| 2021 | ($1.17B) | $1.43B | N/A (Loss) |
| 2020 | ($2.08B) | $1.33B | N/A (Loss) |
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 |
|---|---|
| 2019-06-30 | 686.22% |
| 2010-12-31 | 332.35% |
| 2007-12-31 | 298.11% |
| 2007-06-30 | 49.43% |
| 2007-03-31 | 120.24% |
| 2004-03-31 | 110.33% |
| 2003-12-31 | 287.50% |
| 2003-09-30 | 86.55% |
| 2003-06-30 | 74.73% |
| 2003-03-31 | 30.56% |
| 2019 | ($620.00M) | $1.14B | N/A (Loss) |
| 2018 | ($28.00M) | $966.00M | N/A (Loss) |
| 2017 | ($324.00M) | $756.00M | N/A (Loss) |
| 2016 | ($1.90B) | $686.00M | N/A (Loss) |
| 2015 | ($258.00M) | $629.00M | N/A (Loss) |
| 2014 | ($962.00M) | $599.00M | N/A (Loss) |
| 2013 | ($788.00M) | $606.00M | N/A (Loss) |
| 2012 | ($938.00M) | $556.00M | N/A (Loss) |
| 2011 | ($977.00M) | $448.00M | N/A (Loss) |
| 2010 | $92.00M | $374.00M | 406.5% |
| 2009 | ($37.00M) | $351.00M | N/A (Loss) |
| 2008 | ($870.00M) | $349.00M | N/A (Loss) |
| 2007 | $106.00M | $316.00M | 298.1% |
| 2006 | ($278.00M) | $283.00M | N/A (Loss) |
| 2005 | ($853.00M) | $268.00M | N/A (Loss) |
| 2004 | ($82.00M) | $195.00M | N/A (Loss) |
| 2003 | $72.00M | $182.00M | 252.8% |
| 2002 | $157.00M | $205.00M | 130.6% |
| 2001 | ($336.00M) | $203.00M | N/A (Loss) |
| 2000 | $123.00M | $244.00M | 198.4% |
| 1999 | $599.00M | $368.00M | 61.4% |
| 1998 | $885.00M | $325.00M | 36.7% |
| 1997 | $341.90M | $301.00M | 88.0% |
| 1996 | $350.50M | $181.80M | 51.9% |
