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 0.32% is 50% below its 2-year average of 0.65%, near the low end of its 2-year range (0.31%–1.06%).
As of the fiscal period ended Friday, December 31, 2010. 33.55% below its 12-month average of 0.49%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q4 FY2010 (2010-12-31): 0.32%.
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
FCF Payout Ratio TTM
0.3%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
2.83%
| 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 |
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 |
|---|---|
| 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% |
| 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% |
