Basis: Latest reported fiscal quarter. 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 Thursday, December 31, 2020.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q3 FY2021 (2020-12-31): 12.05%.
FCF PAYOUT RATIO
N/A
FCF PAYOUT RATIO AVG TTM
56.55%
FCF PAYOUT RATIO AVG 3Y
40.18%
FCF PAYOUT RATIO AVG 5Y
39.42%
FCF PAYOUT RATIO AVG 10Y
42.12%
FCF PAYOUT RATIO AVG 15Y
35.82%
FCF PAYOUT RATIO AVG 20Y
N/A
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
6.90%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $420.72M | $0 | 0.0% |
| 2025 | $314.35M | $0 | 0.0% |
| 2024 | $65.97M | $0 | 0.0% |
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 |
|---|---|
| 2020-12-31 | 12.05% |
| 2020-09-30 | 20.25% |
| 2020-06-30 | 40.37% |
| 2020-03-31 | 70.49% |
| 2019-12-31 | 139.58% |
| 2019-06-30 | 85.80% |
| 2019-03-31 | 52.42% |
| 2018-12-31 | 43.25% |
| 2018-09-30 | 39.59% |
| 2018-06-30 | 47.93% |
| 2018-03-31 | 41.27% |
| 2017-12-31 | 34.21% |
| 2017-09-30 | 37.41% |
| 2017-06-30 | 53.76% |
| 2017-03-31 | 35.78% |
| 2016-12-31 | 71.63% |
| 2016-09-30 | 41.62% |
| 2016-06-30 | 23.04% |
| 2016-03-31 | 28.67% |
| 2015-12-31 | 15.81% |
| 2015-09-30 | 24.89% |
| 2015-06-30 | 69.40% |
| 2015-03-31 | 51.94% |
| 2014-12-31 | 126.30% |
| 2014-06-30 | 50.67% |
| 2014-03-31 | 37.98% |
| 2013-12-31 | 27.38% |
| 2013-09-30 | 14.84% |
| 2013-06-30 | 25.67% |
| 2013-03-31 | 122.88% |
| 2011-12-31 | 44.56% |
| 2011-09-30 | 49.17% |
| 2011-06-30 | 81.79% |
| 2011-03-31 | 31.06% |
| 2010-12-31 | 43.05% |
| 2010-09-30 | 45.30% |
| 2010-06-30 | 24.44% |
| 2010-03-31 | 20.75% |
| 2009-12-31 | 35.68% |
| 2009-09-30 | 32.28% |
| 2009-06-30 | 754.47% |
| 2008-12-31 | 89.26% |
| 2008-09-30 | 29.97% |
| 2008-06-30 | 13.80% |
| 2008-03-31 | 12.75% |
| 2007-12-31 | 25.81% |
| 2007-09-30 | 32.53% |
| 2007-03-31 | 12.80% |
| 2006-12-31 | 10.07% |
| 2006-09-30 | 6.49% |
| 2006-06-30 | 5.47% |
| 2006-03-31 | 4.89% |
| 2005-12-31 | 5.14% |
| 2005-09-30 | 9.95% |
| 2005-06-30 | 14.91% |
| 2005-03-31 | 25.01% |
| 2004-12-31 | 32.84% |
| 2023 |
| ($12.50M) |
| $0 |
| N/A (Loss) |
| 2022 | $44.28M | $0 | 0.0% |
| 2021 | $161.55M | $0 | 0.0% |
| 2020 | $114.47M | $78.80M | 68.8% |
| 2019 | $143.85M | $74.85M | 52.0% |
| 2018 | $166.36M | $69.69M | 41.9% |
| 2017 | $171.48M | $60.54M | 35.3% |
| 2016 | $163.53M | $43.65M | 26.7% |
| 2015 | $82.40M | $36.51M | 44.3% |
| 2014 | $94.98M | $36.27M | 38.2% |
| 2013 | $28.42M | $36.48M | 128.4% |
| 2012 | $8.11M | $33.43M | 412.3% |
| 2011 | $136.13M | $39.06M | 28.7% |
| 2010 | $133.98M | $29.83M | 22.3% |
| 2009 | ($6.49M) | $23.43M | N/A (Loss) |
| 2008 | $69.54M | $9.54M | 13.7% |
| 2007 | $67.76M | $8.49M | 12.5% |
| 2006 | $92.51M | $8.29M | 9.0% |
| 2005 | $74.07M | $19.84M | 26.8% |
| 2004 | ($67.72M) | $20.90M | N/A (Loss) |
| 2003 | ($68.20M) | $17.85M | N/A (Loss) |
| 2002 | ($63.29M) | $15.54M | N/A (Loss) |
| 2001 | $63.43M | $13.45M | 21.2% |
| 2000 | $135.72M | $14.02M | 10.3% |
| 1999 | ($117.81M) | $11.68M | N/A (Loss) |
| 1998 | $23.05M | $12.19M | 52.9% |
| 1997 | ($71.51M) | $12.50M | 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.
