FCF Payout Ratio: 16.17%
Is the FCF payout ratio high or low?
The FCF payout ratio of 16.17% is 58% below its 4-year average of 38.49%, near the low end of its 4-year range (5.02%–171.53%).
37.95% below its 12-month average of 26.06%.
DELL FCF Payout Ratio
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
DELL Average FCF Payout Ratio Chart
DELL Current vs Average FCF Payout Ratio Chart
DELL FCF Payout Ratio Metrics
FCF PAYOUT RATIO
16.17%
FCF PAYOUT RATIO AVG TTM
26.06%
FCF PAYOUT RATIO AVG 3Y
26.72%
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
-37.95%
CURRENT VS 3Y AVG
-39.47%
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
16.2%
Earnings Payout Ratio
28.1%
Dividend Yield
0.63%
FCF Yield
3.60%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $8.55B | $1.46B | 17.1% |
| 2025 | $1.87B | $1.27B | 68.2% |
| 2024 | $5.92B | $1.07B | 18.1% |
| 2023 | $562.00M | $964.00M | 171.5% |
| 2022 | $7.51B | $0 | 0.0% |
| 2021 | $9.32B | $0 | 0.0% |
| 2020 | $6.70B | $0 | 0.0% |
| 2019 | $5.49B | $2.13B | 38.8% |
| 2018 | $5.26B | $0 | 0.0% |
| 2017 | $1.46B | $0 | 0.0% |
| 2016 | $1.68B | $0 | 0.0% |
| 2015 | $2.07B | $0 | 0.0% |
| 2014 | $2.15B | $653.00M | 30.3% |
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 Dell Technologies Inc. (DELL)?
- The FCF payout ratio for DELL stock is 16.17%.
- Is Dell Technologies Inc.'s FCF payout ratio high or low?
- The FCF payout ratio of 16.17% is 58% below its 4-year average of 38.49%, near the low end of its 4-year range (5.02%–171.53%).
- What is the TTM average FCF payout ratio for Dell Technologies Inc. (DELL)?
- The TTM average FCF payout ratio for DELL stock is 26.06%.
- What is the 3Y average FCF payout ratio for Dell Technologies Inc. (DELL)?
- The 3Y average FCF payout ratio for DELL stock is 26.72%.
DELL FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-05-01 | 16.17% |
| 2026-01-30 | 17.06% |
| 2025-10-31 | 32.01% |
| 2025-08-01 | 28.50% |
| 2025-05-02 | 36.58% |
| 2025-01-31 | 68.22% |
| 2024-11-01 | 43.36% |
| 2024-08-02 | 35.10% |
| 2024-05-03 | 21.39% |
| 2024-01-31 | 18.11% |
| 2023-11-03 | 14.81% |
| 2023-08-04 | 19.34% |
| 2023-05-05 | 38.20% |
| 2023-01-31 | 171.53% |
| 2022-10-28 | 75.83% |
| 2022-07-29 | 13.02% |
| 2022-04-29 | 5.02% |
About Dell Technologies Inc.
Dell Technologies Inc. is a worldwide technology leader that designs, develops, manufactures, markets, sells, and provides support for a broad spectrum of information technology (IT) solutions, products, and services. The company's business activities are structured into three primary segments: the Infrastructure Solutions Group (ISG), the Client Solutions Group (CSG), and VMware. The ISG division focuses on delivering enterprise-grade offerings, including both traditional and next-generation storage solutions, alongside various server configurations such as rack, blade, tower, and hyperscale models. This segment also provides networking products and related services aimed at helping corporate clients modernize their IT infrastructure, enrich end-user experiences, and accelerate critical business applications and processes. Complementary software, peripherals, and extensive support services—encompassing deployment, configuration, and extended warranties—are also part of its portfolio. The CSG segment addresses end-user computing requirements by offering personal computers like desktops, workstations, and notebooks, as well as displays and projectors. It further includes proprietary and third-party software, peripheral devices, and a full suite of support, installation, setup, and extended warranty services. The VMware division specializes in assisting customers with managing intricate IT landscapes, particularly concerning hybrid and multi-cloud environments, modern applications, network infrastructure, security protocols, and digital workspaces. Its services enable efficient resource management across private, multi-cloud, and multi-device setups. Furthermore, Dell Technologies offers information security solutions and cloud software, including Infrastructure-as-a-Service (IaaS), which empower customers to migrate, operate, and manage mission-critical applications within cloud-based IT environments. Founded in 1984, the company was initially known as Denali Holding Inc. before officially changing its name to Dell Technologies Inc. in August 2016. Its global headquarters are situated in Round Rock, Texas.
- Sector
- Technology
- Industry
- Computer Hardware
- CEO
- Michael Saul Dell