FCF Payout Ratio: 0.32%
Is the FCF payout ratio high or low?
The FCF payout ratio of 0.32% is 50% below its 2-year average of 0.65%, near the low end of its 2-year range (0.31%–1.06%).
33.55% below its 12-month average of 0.49%.
WBD FCF Payout Ratio
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
WBD Average FCF Payout Ratio Chart
WBD Current vs Average FCF Payout Ratio Chart
WBD FCF Payout Ratio Metrics
FCF PAYOUT RATIO
0.32%
FCF PAYOUT RATIO AVG TTM
0.49%
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
-33.55%
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
Payout Ratio Comparison
FCF Payout Ratio TTM
0.3%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
3.41%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $3.09B | $0 | 0.0% |
| 2024 | $4.43B | $0 | 0.0% |
| 2023 | $6.16B | $0 | 0.0% |
| 2022 | $3.32B | $0 | 0.0% |
| 2021 | $2.42B | $0 | 0.0% |
| 2020 | $2.34B | $0 | 0.0% |
| 2019 | $3.11B | $0 | 0.0% |
| 2018 | $2.43B | $0 | 0.0% |
| 2017 | $1.49B | $0 | 0.0% |
| 2016 | $1.29B | $0 | 0.0% |
| 2015 | $1.19B | $0 | 0.0% |
| 2014 | $1.20B | $0 | 0.0% |
| 2013 | $1.17B | $0 | 0.0% |
| 2012 | $1.02B | $0 | 0.0% |
| 2011 | $1.04B | $7.00M | 0.7% |
| 2010 | $619.00M | $0 | 0.0% |
| 2009 | $587.00M | $0 | 0.0% |
| 2008 | $467.00M | $0 | 0.0% |
| 2007 | $10.00M | $0 | 0.0% |
| 2006 | ($4.00M) | $0 | N/A (Loss) |
| 2005 | ($5.24M) | $0 | N/A (Loss) |
| 2004 | $35.03M | $0 | 0.0% |
| 2003 | $3.82M | $0 | 0.0% |
Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q 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.
FCF Payout Ratio Formula & Definition
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
FCF Payout Ratio FAQ
- What is the FCF payout ratio for Warner Bros. Discovery, Inc. (WBD)?
- The FCF payout ratio for WBD stock is 0.32%.
- Is Warner Bros. Discovery, Inc.'s FCF payout ratio high or low?
- The FCF payout ratio of 0.32% is 50% below its 2-year average of 0.65%, near the low end of its 2-year range (0.31%–1.06%).
- What is the TTM average FCF payout ratio for Warner Bros. Discovery, Inc. (WBD)?
- The TTM average FCF payout ratio for WBD stock is 0.49%.
WBD FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2010-12-31 | 0.32% |
| 2010-09-30 | 0.31% |
| 2010-06-30 | 0.58% |
| 2010-03-31 | 0.36% |
| 2009-12-31 | 0.86% |
| 2009-09-30 | 1.06% |
| 2009-06-30 | 0.79% |
| 2009-03-31 | 0.90% |
About Warner Bros. Discovery, Inc.
Warner Bros. Discovery, Inc. operates as a prominent global media and entertainment conglomerate. Its operations are structured across three key divisions: Studios, Network, and Direct-to-Consumer (DTC). The Studios segment is responsible for the creation and theatrical release of feature films. It also develops and licenses television programming, serving both its internal network infrastructure and external partners, including direct-to-consumer platforms. Further, this segment manages the distribution of its film and television catalog to various third-party outlets and its proprietary television channels. Additionally, it encompasses streaming services, home entertainment distribution, licensing for themed attractions, and the creation of interactive games. The Network division oversees a comprehensive portfolio of television channels, both domestically and internationally. Its Direct-to-Consumer (DTC) segment focuses on delivering premium subscription television and streaming content directly to consumers. Beyond its operational structure, Warner Bros. Discovery commands an extensive intellectual property portfolio. This encompasses a vast array of iconic content, brands, and franchises spanning television, film, streaming, and gaming. Noteworthy examples include properties from the Warner Bros. Motion Picture Group and Television Group, DC, HBO, Max, Discovery Channel, CNN, HGTV, Food Network, TNT Sports, TBS, TLC, OWN, Warner Bros. Games, as well as beloved sagas like Batman, Superman, Wonder Woman, Harry Potter, Looney Tunes, Hanna-Barbera, Game of Thrones, and The Lord of the Rings. The company distributes its content through a multitude of channels, ranging from traditional linear, free-to-air, and broadcast television to authenticated digital applications, various digital distribution partnerships, content licensing agreements, and proprietary direct-to-consumer subscription offerings. Established in 2008, Warner Bros. Discovery, Inc. maintains its corporate headquarters in New York City.
- Sector
- Communication Services
- Industry
- Entertainment
- CEO
- David Zaslav