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 408.87% is 418% above its 5-year average of 78.96%, near the high end of its 5-year range (0.04%–408.87%).
As of the fiscal period ended Tuesday, December 31, 2024. 164.91% above its 12-month average of 154.34%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
408.87%
FCF PAYOUT RATIO AVG TTM
154.34%
FCF PAYOUT RATIO AVG 3Y
96.86%
FCF PAYOUT RATIO AVG 5Y
78.96%
FCF PAYOUT RATIO AVG 10Y
73.30%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+164.91%
CURRENT VS 3Y AVG
+322.13%
CURRENT VS 5Y AVG
+417.82%
CURRENT VS 10Y AVG
+457.83%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
408.9%
Earnings Payout Ratio
67.8%
Dividend Yield
1.10%
FCF Yield
N/A
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | ($637.59M) | $738.00M | N/A (Loss) |
| 2024 | $90.30M | $698.13M | 773.1% |
| 2023 | $1.66B | $1.22B | 73.1% |
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 |
|---|---|
| 2024-12-31 | 408.87% |
| 2024-09-30 | 83.22% |
| 2024-06-30 | 100.56% |
| 2024-03-31 | 102.96% |
| 2023-12-31 | 76.10% |
| 2023-09-30 | 63.79% |
| 2023-06-30 | 66.59% |
| 2023-03-31 | 72.32% |
| 2022-12-31 | 81.76% |
| 2022-09-30 | 180.05% |
| 2022-06-30 | 128.29% |
| 2022-03-31 | 109.81% |
| 2021-12-31 | 235.25% |
| 2021-09-30 | 302.36% |
| 2021-06-30 | 129.82% |
| 2021-03-31 | 75.97% |
| 2020-12-31 | 79.78% |
| 2020-09-30 | 70.10% |
| 2020-06-30 | 0.05% |
| 2020-03-31 | 0.07% |
| 2019-12-31 | 0.04% |
| 2019-09-30 | 0.54% |
| 2019-06-30 | 66.21% |
| 2019-03-31 | 88.97% |
| 2018-12-31 | 114.59% |
| 2018-09-30 | 89.16% |
| 2018-06-30 | 89.94% |
| 2018-03-31 | 62.15% |
| 2017-12-31 | 48.56% |
| 2017-09-30 | 50.71% |
| 2017-06-30 | 50.17% |
| 2017-03-31 | 46.76% |
| 2016-12-31 | 46.28% |
| 2016-09-30 | 37.07% |
| 2016-06-30 | 46.73% |
| 2016-03-31 | 54.89% |
| 2015-12-31 | 56.09% |
| 2015-09-30 | 100.94% |
| 2015-06-30 | 364.33% |
| 2015-03-31 | 210.33% |
| 2014-12-31 | 167.61% |
| 2014-09-30 | 144.62% |
| 2014-06-30 | 59.10% |
| 2014-03-31 | 49.57% |
| 2013-12-31 | 65.99% |
| 2013-09-30 | 100.04% |
| 2013-06-30 | 94.02% |
| 2013-03-31 | 295.98% |
| 2022 |
| $1.01B |
| $990.39M |
| 98.0% |
| 2021 | $275.00M | $645.97M | 234.9% |
| 2020 | $362.13M | $289.02M | 79.8% |
| 2019 | $300.90M | $351.16M | 116.7% |
| 2018 | $311.22M | $353.56M | 113.6% |
| 2017 | $766.19M | $374.27M | 48.8% |
| 2016 | $751.25M | $377.88M | 50.3% |
| 2015 | $726.45M | $480.96M | 66.2% |
| 2014 | $173.77M | $318.23M | 183.1% |
| 2013 | $397.84M | $258.24M | 64.9% |
| 2012 | ($204.77M) | $144.22M | N/A (Loss) |
| 2011 | $68.47M | $130.12M | 190.0% |
| 2010 | $93.28M | $61.76M | 66.2% |
| 2009 | $138.41M | $78.20M | 56.5% |
| 2008 | $348.73M | $277.79M | 79.7% |
| 2007 | $340.23M | $211.60M | 62.2% |
| 2006 | $515.98M | $0 | 0.0% |
| 2005 | $151.92M | $12.38M | 8.2% |
| 2004 | ($265.85M) | $0 | N/A (Loss) |
| 2003 | ($131.89M) | $0 | N/A (Loss) |
| 2002 | ($42.07M) | $0 | N/A (Loss) |
| 2001 | $4.42M | $0 | 0.0% |
| 2000 | ($387.87M) | $0 | N/A (Loss) |
| 1999 | ($72.45M) | $0 | 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.
