FCF Payout Ratio: 101.54%
Is the FCF payout ratio high or low?
The FCF payout ratio of 101.54% is 83% above its 5-year average of 55.49%, around the middle of its 5-year range (18.16%–155.63%).
40.50% above its 12-month average of 72.27%.
E FCF Payout Ratio
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
E Average FCF Payout Ratio Chart
E Current vs Average FCF Payout Ratio Chart
E FCF Payout Ratio Metrics
FCF PAYOUT RATIO
101.54%
FCF PAYOUT RATIO AVG TTM
72.27%
FCF PAYOUT RATIO AVG 3Y
54.25%
FCF PAYOUT RATIO AVG 5Y
50.48%
FCF PAYOUT RATIO AVG 10Y
59.72%
FCF PAYOUT RATIO AVG 15Y
94.77%
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+40.50%
CURRENT VS 3Y AVG
+87.17%
CURRENT VS 5Y AVG
+101.14%
CURRENT VS 10Y AVG
+70.02%
CURRENT VS 15Y AVG
+7.14%
CURRENT VS 20Y AVG
N/A
Payout Ratio Comparison
FCF Payout Ratio TTM
101.5%
Earnings Payout Ratio
31.0%
Dividend Yield
1.36%
FCF Yield
5.12%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $5.44B | $3.62B | 66.6% |
| 2024 | $5.27B | $3.18B | 60.3% |
| 2023 | $7.04B | $3.36B | 47.7% |
| 2022 | $10.44B | $3.22B | 30.8% |
| 2021 | $9.00B | $2.68B | 29.8% |
| 2020 | $506.95M | $2.40B | 473.5% |
| 2019 | $4.86B | $3.39B | 69.7% |
| 2018 | $5.57B | $3.38B | 60.7% |
| 2017 | $1.95B | $3.46B | 177.0% |
| 2016 | ($1.47B) | $3.03B | N/A (Loss) |
| 2015 | $512.74M | $3.76B | 732.4% |
| 2014 | $5.35B | $4.85B | 90.5% |
| 2013 | $155.69M | $5.44B | n/m |
| 2012 | $1.51B | $5.06B | 334.2% |
| 2011 | $3.53B | $4.79B | 135.6% |
| 2010 | $3.20B | $4.85B | 151.8% |
| 2009 | ($1.67B) | $5.97B | N/A (Loss) |
| 2008 | $13.23B | $6.84B | 51.7% |
| 2007 | $10.19B | $6.69B | 65.6% |
| 2006 | $14.34B | $6.09B | 42.4% |
| 2005 | $9.92B | $7.44B | 75.1% |
| 2004 | $7.73B | $3.88B | 50.1% |
| 2003 | $3.75B | $3.79B | 100.9% |
| 2002 | $3.93B | $3.19B | 81.3% |
| 2001 | $2.57B | $1.55B | 60.4% |
| 2000 | $5.90B | $1.44B | 24.3% |
| 1999 | $3.85B | $1.31B | 34.1% |
| 1998 | $3.16B | $1.40B | 44.4% |
| 1997 | $3.57B | $1.13B | 31.5% |
| 1996 | $2.12B | $1.22B | 57.3% |
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 Eni S.p.A. (E)?
- The FCF payout ratio for E stock is 101.54%.
- Is Eni S.p.A.'s FCF payout ratio high or low?
- The FCF payout ratio of 101.54% is 83% above its 5-year average of 55.49%, around the middle of its 5-year range (18.16%–155.63%).
- What is the TTM average FCF payout ratio for Eni S.p.A. (E)?
- The TTM average FCF payout ratio for E stock is 72.27%.
- What is the 3Y average FCF payout ratio for Eni S.p.A. (E)?
- The 3Y average FCF payout ratio for E stock is 54.25%.
- What is the 5Y average FCF payout ratio for Eni S.p.A. (E)?
- The 5Y average FCF payout ratio for E stock is 50.48%.
- What is the 10Y average FCF payout ratio for Eni S.p.A. (E)?
- The 10Y average FCF payout ratio for E stock is 59.72%.
- What is the 15Y average FCF payout ratio for Eni S.p.A. (E)?
- The 15Y average FCF payout ratio for E stock is 94.77%.
E FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-03-31 | 101.54% |
| 2025-12-31 | 65.97% |
| 2025-09-30 | 69.88% |
| 2025-06-30 | 69.63% |
| 2025-03-31 | 54.32% |
| 2024-12-31 | 60.53% |
| 2024-09-30 | 54.38% |
| 2024-06-30 | 48.49% |
| 2024-03-31 | 54.85% |
| 2023-12-31 | 47.70% |
| 2023-09-30 | 46.18% |
| 2023-06-30 | 36.21% |
| 2023-03-31 | 42.85% |
| 2022-12-31 | 30.80% |
| 2022-09-30 | 18.16% |
| 2022-06-30 | 29.19% |
| 2022-03-31 | 25.85% |
| 2021-12-31 | 30.31% |
| 2021-09-30 | 67.51% |
| 2021-06-30 | 55.27% |
| 2021-03-31 | 155.63% |
| 2020-12-31 | 448.83% |
| 2020-09-30 | 91.19% |
| 2020-06-30 | 174.69% |
| 2020-03-31 | 76.89% |
| 2019-12-31 | 68.72% |
| 2019-09-30 | 67.07% |
| 2019-06-30 | 45.77% |
| 2019-03-31 | 58.15% |
| 2018-12-31 | 61.31% |
| 2018-09-30 | 67.46% |
| 2018-06-30 | 109.67% |
| 2018-03-31 | 135.80% |
| 2017-12-31 | 166.32% |
| 2017-09-30 | 196.65% |
| 2015-09-30 | 546.92% |
| 2015-06-30 | 182.02% |
| 2015-03-31 | 153.59% |
| 2014-12-31 | 149.40% |
| 2014-09-30 | 836.93% |
| 2012-06-30 | 302.80% |
| 2012-03-31 | 356.85% |
| 2011-12-31 | 173.56% |
| 2011-09-30 | 185.91% |
| 2011-06-30 | 208.66% |
| 2011-03-31 | 139.65% |
| 2010-12-31 | 240.97% |
| 2010-09-30 | 115.70% |
| 2009-12-31 | 461.81% |
| 2009-09-30 | 373.76% |
| 2009-06-30 | 90.81% |
| 2009-03-31 | 68.87% |
| 2008-12-31 | 84.46% |
About Eni S.p.A.
Eni S.p.A. is an international energy company primarily engaged in the discovery, development, and extraction of crude oil and natural gas resources. Its operations are organized into distinct divisions: Exploration & Production; Global Gas & LNG Portfolio; Refining & Marketing and Chemicals; Plenitude and Power; and Corporate and Other activities. The Exploration & Production division is responsible for the research, development, and output of oil, condensates, and natural gas, additionally undertaking initiatives in forestry conservation and carbon dioxide capture and storage. Its Global Gas & LNG Portfolio division oversees the procurement and wholesale distribution of natural gas via pipelines, including international transport, along with the acquisition and sale of liquefied natural gas (LNG). The Refining & Marketing and Chemicals segment manages the processing, supply, distribution, and commercialization of various fuels and chemical products. The Plenitude and Power segment, formerly known as Eni gas e luce, handles the retail provision of gas and electricity, alongside related services, and is involved in generating and wholesaling electricity from both thermoelectric and renewable power facilities. As of December 31, 2021, the company declared net proved reserves totaling 6,628 million barrels of oil equivalent and possessed an operational capacity of 4.5 gigawatts (GW). Established in 1953, Eni's corporate headquarters are situated in Rome, Italy.
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- CEO
- Claudio Descalzi