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 218.70% is in line with its 4-year average of 232.54%, around the middle of its 4-year range (101.21%–440.32%).
As of the fiscal period ended Wednesday, September 30, 2015.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
218.70%
FCF PAYOUT RATIO AVG TTM
N/A
FCF PAYOUT RATIO AVG 3Y
163.69%
FCF PAYOUT RATIO AVG 5Y
232.54%
FCF PAYOUT RATIO AVG 10Y
75.43%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+33.60%
CURRENT VS 5Y AVG
-5.95%
CURRENT VS 10Y AVG
+189.95%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
218.7%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
2.12%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $333.70M | $0 | 0.0% |
| 2024 | $168.10M | $0 | 0.0% |
| 2023 | ($114.80M) | $0 | N/A (Loss) |
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 |
|---|---|
| 2015-09-30 | 218.70% |
| 2012-12-31 | 168.13% |
| 2012-09-30 | 104.24% |
| 2012-06-30 | 101.21% |
| 2012-03-31 | 362.61% |
| 2011-12-31 | 440.32% |
| 2009-09-30 | 53.08% |
| 2009-06-30 | 26.54% |
| 2009-03-31 | 20.55% |
| 2008-12-31 | 29.90% |
| 2008-09-30 | 222.77% |
| 2008-06-30 | 116.84% |
| 2008-03-31 | 33.26% |
| 2007-12-31 | 22.99% |
| 2007-09-30 | 20.86% |
| 2007-06-30 | 27.42% |
| 2007-03-31 | 43.12% |
| 2006-12-31 | 58.80% |
| 2006-06-30 | 177.11% |
| 2006-03-31 | 24.43% |
| 2005-12-31 | 20.45% |
| 2005-09-30 | 18.11% |
| 2005-06-30 | 156.18% |
| 2004-06-30 | 61.78% |
| 2003-12-31 | 255.26% |
| 2003-03-31 | 34.23% |
| 2022 |
| $94.00M |
| $0 |
| 0.0% |
| 2021 | ($136.50M) | $0 | N/A (Loss) |
| 2020 | $30.40M | $0 | 0.0% |
| 2019 | $61.90M | $0 | 0.0% |
| 2018 | $253.60M | $0 | 0.0% |
| 2017 | ($100.30M) | $0 | N/A (Loss) |
| 2016 | ($245.90M) | $25.80M | N/A (Loss) |
| 2015 | ($13.20M) | $66.50M | N/A (Loss) |
| 2014 | ($169.80M) | $77.10M | N/A (Loss) |
| 2013 | ($244.30M) | $76.90M | N/A (Loss) |
| 2012 | $45.50M | $76.50M | 168.1% |
| 2011 | $18.60M | $74.70M | 401.6% |
| 2010 | ($192.00M) | $70.80M | N/A (Loss) |
| 2009 | ($196.90M) | $71.40M | N/A (Loss) |
| 2008 | $238.80M | $71.40M | 29.9% |
| 2007 | $252.70M | $58.10M | 23.0% |
| 2006 | $73.30M | $43.10M | 58.8% |
| 2005 | $132.50M | $27.10M | 20.5% |
| 2004 | ($25.80M) | $21.20M | N/A (Loss) |
| 2003 | $7.60M | $19.40M | 255.3% |
| 2002 | $155.50M | $53.20M | 34.2% |
| 2001 | $18.60M | $64.20M | 345.2% |
| 2000 | $47.20M | $66.00M | 139.8% |
| 1999 | ($1.90M) | $122.10M | N/A (Loss) |
| 1998 | $226.80M | $122.30M | 53.9% |
| 1997 | $160.40M | $112.20M | 70.0% |
| 1996 | $138.20M | $106.10M | 76.8% |
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.
