Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The FCF payout ratio is N/A as of the fiscal period ended Wednesday, December 31, 2025.
Reported annual FCF payout ratio; periods with losses or near-zero free cash flow are omitted. Historical series through 2025-12-31.
FCF PAYOUT RATIO
N/A
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
22.51%
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
FCF Payout Ratio TTM
N/A
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
N/A
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.94B | $203.43M | 10.5% |
| 2024 | $2.61B | $0 | 0.0% |
| 2023 | $3.01B | $0 | 0.0% |
| 2022 | $310.54M | $0 | 0.0% |
| 2021 | $299.65M | $0 | 0.0% |
| 2020 | ($667.19M) | $0 | N/A (Loss) |
| 2019 | $933.26M | $0 | 0.0% |
| 2018 | $931.58M | $0 | 0.0% |
| 2017 | $1.01B | $0 | 0.0% |
| 2016 | $660.05M | $0 | 0.0% |
| 2015 | $368.16M | $0 | 0.0% |
| 2014 | ($457.66M) | $0 | N/A (Loss) |
| 2013 | $297.36M | $0 | 0.0% |
| 2012 | $178.24M | $0 | 0.0% |
| 2011 | $259.18M | $0 | 0.0% |
| 2010 | $209.99M | $0 | 0.0% |
| 2009 | $124.36M | $0 | 0.0% |
| 2008 | $62.14M | $16.39M | 26.4% |
| 2007 | $49.00M | $9.86M | 20.1% |
| 2006 | $28.46M | $8.62M | 30.3% |
| 2005 | $19.60M | $4.95M | 25.3% |
| 2004 | $17.73M | $0 | 0.0% |
| 2003 | $7.84M | $0 | 0.0% |
| 2002 | $1.24M | $3.30M | 267.3% |
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 |
|---|---|
| 2025-12-31 | 10.48% |
| 2008-12-31 | 26.38% |
| 2007-12-31 | 20.12% |
| 2006-12-31 | 30.29% |
| 2005-12-31 | 25.27% |
| 2002-12-31 | 267.26% |
