The Walt Disney Company (DIS) FCF Payout Ratio: 31.72%
Is The Walt Disney Company’s FCF payout ratio high or low?
The Walt Disney Company's FCF payout ratio of 31.72% is 22% above its 5-year average of 25.99%, around the middle of its 5-year range (15.96%–44.13%).
The FCF payout ratio for The Walt Disney Company (DIS) is 31.72%. It is above its 12-month average by 87.40% (16.93%).
DIS FCF Payout Ratio Chart
DIS Average FCF Payout Ratio Chart
DIS Current vs Average FCF Payout Ratio Chart
DIS FCF Payout Ratio Metrics
FCF PAYOUT RATIO
31.72%
FCF PAYOUT RATIO AVG TTM
16.93%
FCF PAYOUT RATIO AVG 3Y
16.93%
FCF PAYOUT RATIO AVG 5Y
25.99%
FCF PAYOUT RATIO AVG 10Y
46.56%
FCF PAYOUT RATIO AVG 15Y
36.77%
FCF PAYOUT RATIO AVG 20Y
31.16%
CURRENT VS TTM AVG
+87.40%
CURRENT VS 3Y AVG
+87.40%
CURRENT VS 5Y AVG
+22.02%
CURRENT VS 10Y AVG
-31.87%
CURRENT VS 15Y AVG
-13.73%
CURRENT VS 20Y AVG
+1.80%
Payout Ratio Comparison
FCF Payout Ratio
31.7%
Earnings Payout Ratio
18.2%
Dividend Yield
1.27%
FCF Yield
4.07%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $10.08B | $1.80B | 17.9% |
| 2024 | $8.56B | $1.37B | 16.0% |
| 2023 | $4.90B | $0 | 0.0% |
| 2022 | $1.07B | $0 | 0.0% |
| 2021 | $1.99B | $0 | 0.0% |
| 2020 | $3.60B | $1.59B | 44.1% |
| 2019 | $1.73B | $2.90B | 167.3% |
| 2018 | $9.83B | $2.52B | 25.6% |
| 2017 | $8.72B | $2.44B | 28.0% |
| 2016 | $8.44B | $2.31B | 27.4% |
| 2015 | $6.64B | $3.06B | 46.1% |
| 2014 | $6.47B | $1.51B | 23.3% |
| 2013 | $6.66B | $1.32B | 19.9% |
| 2012 | $4.18B | $1.08B | 25.7% |
| 2011 | $3.44B | $756.00M | 22.0% |
| 2010 | $4.47B | $653.00M | 14.6% |
| 2009 | $3.57B | $648.00M | 18.2% |
| 2008 | $3.86B | $664.00M | 17.2% |
| 2007 | $3.85B | $637.00M | 16.5% |
| 2006 | $4.76B | $519.00M | 10.9% |
| 2005 | $2.45B | $490.00M | 20.0% |
| 2004 | $3.22B | $430.00M | 13.4% |
| 2003 | $1.85B | $429.00M | 23.2% |
| 2002 | $1.20B | $428.00M | 35.7% |
| 2001 | $1.25B | $438.00M | 35.0% |
| 2000 | $4.33B | $434.00M | 10.0% |
| 1999 | $3.13B | $0 | 0.0% |
| 1998 | $2.59B | $412.00M | 15.9% |
| 1997 | $5.14B | $342.00M | 6.7% |
| 1996 | $2.88B | $271.00M | 9.4% |
Formula: FCF Payout Ratio = Dividends Paid / 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.
The Walt Disney Company FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The Walt Disney Company FCF Payout Ratio FAQ
- What is the FCF payout ratio for The Walt Disney Company (DIS)?
- The FCF payout ratio for DIS stock is 31.72%.
- Is The Walt Disney Company's FCF payout ratio high or low?
- The Walt Disney Company's FCF payout ratio of 31.72% is 22% above its 5-year average of 25.99%, around the middle of its 5-year range (15.96%–44.13%).
- What is the TTM average FCF payout ratio for The Walt Disney Company (DIS)?
- The TTM average FCF payout ratio for DIS stock is 16.93%.
- What is the 3Y average FCF payout ratio for The Walt Disney Company (DIS)?
- The 3Y average FCF payout ratio for DIS stock is 16.93%.
- What is the 5Y average FCF payout ratio for The Walt Disney Company (DIS)?
- The 5Y average FCF payout ratio for DIS stock is 25.99%.
- What is the 10Y average FCF payout ratio for The Walt Disney Company (DIS)?
- The 10Y average FCF payout ratio for DIS stock is 46.56%.
- What is the 15Y average FCF payout ratio for The Walt Disney Company (DIS)?
- The 15Y average FCF payout ratio for DIS stock is 36.77%.
- What is the 20Y average FCF payout ratio for The Walt Disney Company (DIS)?
- The 20Y average FCF payout ratio for DIS stock is 31.16%.
The Walt Disney Company FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-09-27 | 17.89% |
| 2024-09-28 | 15.96% |
| 2020-10-03 | 44.13% |
| 2019-09-30 | 167.34% |
| 2018-09-30 | 25.58% |
| 2017-09-30 | 28.04% |
| 2016-09-30 | 27.41% |
| 2015-09-30 | 46.10% |
| 2014-09-30 | 23.31% |
| 2013-09-30 | 19.89% |
| 2012-09-30 | 25.73% |
| 2011-09-30 | 22.01% |
| 2010-09-30 | 14.62% |
| 2009-09-30 | 18.17% |
| 2008-09-30 | 17.20% |
| 2007-09-30 | 16.52% |
| 2006-09-30 | 10.91% |
| 2005-09-30 | 20.03% |
| 2004-09-30 | 13.37% |
| 2003-09-30 | 23.16% |
| 2002-09-30 | 35.67% |
| 2001-09-30 | 34.96% |
| 2000-09-30 | 10.02% |
| 1998-09-30 | 15.92% |
| 1997-09-30 | 6.65% |
| 1996-09-30 | 9.41% |
About The Walt Disney Company
Operating worldwide through its various subsidiaries, The Walt Disney Company (DIS) stands as a prominent global entertainment enterprise. Its vast array of activities is organized into two primary divisions: Disney Media and Entertainment Distribution, and Disney Parks, Experiences and Products. Within its media and entertainment arm, Disney is actively engaged in developing and distributing both cinematic films and television series. This segment encompasses the management of well-known broadcast networks such as ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star, as well as renowned film studios responsible for productions under banners like Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures. The company also delivers content directly to consumers through its popular streaming platforms, including Disney+, Disney+ Hotstar, ESPN+, Hulu, and Star+. Further activities involve licensing its film and television content to external broadcasters and subscription video-on-demand services, overseeing theatrical releases, home entertainment distribution, and music distribution, staging and licensing live entertainment spectacles, and offering specialized post-production services via Industrial Light & Magic and Skywalker Sound. The "Parks, Experiences and Products" segment manages a celebrated collection of global theme parks and resorts, which notably includes Walt Disney World Resort in Florida, Disneyland Resort in California, Disneyland Paris, Hong Kong Disneyland Resort, and Shanghai Disney Resort. This division also features the Disney Cruise Line, Disney Vacation Club, National Geographic Expeditions, Adventures by Disney, and Aulani, a resort and spa located in Hawaii. The company extends its brand presence by licensing its intellectual property to a third party for the operations of the Tokyo Disney Resort. A substantial part of this segment involves consumer products, where Disney licenses its iconic trade names, characters, visual elements, literary works, and other intellectual property for use on a diverse range of merchandise, published materials, and games. Moreover, it sells branded merchandise directly through its retail stores, online platforms, and wholesale channels, and actively develops and publishes various books, comic books, and magazines. The Walt Disney Company was founded in 1923 and is based in Burbank, California.
- Sector
- Communication Services
- Industry
- Entertainment
- CEO
- Josh D'Amaro