FCF Payout Ratio: 20.49%
Is the FCF payout ratio high or low?
The FCF payout ratio of 20.49% is 29% below its 5-year average of 28.98%, near the low end of its 5-year range (14.73%–44.67%).
7.30% below its 12-month average of 22.10%.
GEN FCF Payout Ratio
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
GEN Average FCF Payout Ratio Chart
GEN Current vs Average FCF Payout Ratio Chart
GEN FCF Payout Ratio Metrics
FCF PAYOUT RATIO
20.49%
FCF PAYOUT RATIO AVG TTM
22.10%
FCF PAYOUT RATIO AVG 3Y
23.66%
FCF PAYOUT RATIO AVG 5Y
28.98%
FCF PAYOUT RATIO AVG 10Y
27.34%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-7.30%
CURRENT VS 3Y AVG
-13.40%
CURRENT VS 5Y AVG
-29.30%
CURRENT VS 10Y AVG
-25.06%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Payout Ratio Comparison
FCF Payout Ratio TTM
20.5%
Earnings Payout Ratio
31.4%
Dividend Yield
2.04%
FCF Yield
10.22%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $1.52B | $312.00M | 20.5% |
| 2025 | $1.21B | $313.00M | 26.0% |
| 2024 | $2.04B | $323.00M | 15.8% |
| 2023 | $751.00M | $314.00M | 41.8% |
| 2022 | $968.00M | $303.00M | 31.3% |
| 2021 | $700.00M | $373.00M | 53.3% |
| 2020 | ($950.00M) | $7.48B | N/A (Loss) |
| 2019 | $1.29B | $217.00M | 16.8% |
| 2018 | $808.00M | $211.00M | 26.1% |
| 2017 | ($290.00M) | $222.00M | N/A (Loss) |
| 2016 | $566.00M | $3.03B | 535.3% |
| 2015 | $931.00M | $413.00M | 44.4% |
| 2014 | $1.02B | $418.00M | 40.9% |
| 2013 | $1.26B | $0 | 0.0% |
| 2012 | $1.61B | $0 | 0.0% |
| 2011 | $1.53B | $0 | 0.0% |
| 2010 | $1.45B | $0 | 0.0% |
| 2009 | $1.40B | $0 | 0.0% |
| 2008 | $1.54B | $0 | 0.0% |
| 2007 | $1.23B | $0 | 0.0% |
| 2006 | $1.26B | $0 | 0.0% |
| 2005 | $1.12B | $0 | 0.0% |
| 2004 | $791.39M | $0 | 0.0% |
| 2003 | $389.51M | $0 | 0.0% |
| 2002 | $370.34M | $0 | 0.0% |
| 2001 | $263.35M | $0 | 0.0% |
| 2000 | $195.77M | $0 | 0.0% |
| 1999 | $18.10M | $0 | 0.0% |
| 1998 | $103.60M | $0 | 0.0% |
| 1997 | $66.50M | $0 | 0.0% |
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 Gen Digital Inc. (GEN)?
- The FCF payout ratio for GEN stock is 20.49%.
- Is Gen Digital Inc.'s FCF payout ratio high or low?
- The FCF payout ratio of 20.49% is 29% below its 5-year average of 28.98%, near the low end of its 5-year range (14.73%–44.67%).
- What is the TTM average FCF payout ratio for Gen Digital Inc. (GEN)?
- The TTM average FCF payout ratio for GEN stock is 22.10%.
- What is the 3Y average FCF payout ratio for Gen Digital Inc. (GEN)?
- The 3Y average FCF payout ratio for GEN stock is 23.66%.
- What is the 5Y average FCF payout ratio for Gen Digital Inc. (GEN)?
- The 5Y average FCF payout ratio for GEN stock is 28.98%.
- What is the 10Y average FCF payout ratio for Gen Digital Inc. (GEN)?
- The 10Y average FCF payout ratio for GEN stock is 27.34%.
GEN FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-04-03 | 20.49% |
| 2026-01-02 | 20.63% |
| 2025-10-03 | 24.08% |
| 2025-07-04 | 23.20% |
| 2025-03-28 | 25.95% |
| 2024-12-27 | 14.73% |
| 2024-09-27 | 15.00% |
| 2024-06-28 | 15.45% |
| 2024-03-29 | 15.80% |
| 2023-12-29 | 33.44% |
| 2023-09-29 | 33.51% |
| 2023-06-30 | 41.58% |
| 2023-03-31 | 41.81% |
| 2022-12-30 | 40.82% |
| 2022-09-30 | 38.58% |
| 2022-06-30 | 32.47% |
| 2022-03-31 | 31.30% |
| 2021-12-31 | 30.33% |
| 2021-09-30 | 35.65% |
| 2021-06-30 | 44.67% |
| 2021-03-31 | 53.29% |
| 2019-12-31 | 17.15% |
| 2019-09-30 | 16.51% |
| 2019-06-30 | 16.29% |
| 2019-03-31 | 17.04% |
| 2018-12-31 | 21.42% |
| 2018-09-30 | 21.67% |
| 2018-06-30 | 22.32% |
| 2018-03-31 | 26.11% |
| 2017-12-31 | 23.07% |
| 2017-09-30 | 27.55% |
| 2017-06-30 | 32.84% |
| 2016-03-31 | 578.24% |
| 2015-12-31 | 56.87% |
| 2015-09-30 | 43.84% |
| 2015-06-30 | 43.70% |
| 2015-03-31 | 44.36% |
| 2014-12-31 | 46.32% |
| 2014-09-30 | 45.96% |
| 2014-06-30 | 42.95% |
| 2014-03-31 | 40.94% |
| 2013-12-31 | 26.84% |
| 2013-09-30 | 16.25% |
| 2013-06-30 | 8.42% |
About Gen Digital Inc.
Gen Digital Inc. delivers a wide array of cyber safety solutions for individual users across the globe, with operations spanning the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific region, and Japan. Its flagship offering, Norton 360, is a subscription-based, all-in-one cyber protection platform safeguarding PCs, Macs, and mobile devices from a wide spectrum of online dangers like malware, viruses, ransomware, and adware. The company also offers Norton and LifeLock's identity theft protection, which includes proactive monitoring, timely alerts, and professional restoration assistance should identity fraud occur. To bolster online privacy and security, its Norton Secure VPN creates an encrypted tunnel for data, ensuring anonymity. The Privacy Monitor Assistant provides a specialized service where experts assist users in removing their personal data from online data brokers. Home Title Protect helps safeguard property by detecting potential fraud and alerting homeowners. Furthermore, Gen Digital provides Avira Security, another robust portfolio of cybersecurity and privacy tools tailored for consumers. Additional products include Dark Web Monitoring, which continuously scans illicit online spaces for the personal information of Norton 360 subscribers. Its Social Media Monitoring tool enhances the security of social profiles by watching for account takeovers, suspicious activity, and unsuitable content. AntiTrack is designed to preserve digital privacy by blocking online trackers and obscuring users' unique digital fingerprints. An Online Reputation Management service also aids in controlling personal search results, managing digital branding, and maintaining privacy. The company distributes and sells its offerings through a diverse network, including traditional retailers, telecommunications companies, hardware manufacturers (OEMs), employee benefit programs, and its own e-commerce platform. Founded in 1982 and headquartered in Tempe, Arizona, the company adopted its current name, Gen Digital Inc., in November 2022, having previously operated as NortonLifeLock Inc.
- Sector
- Technology
- Industry
- Software - Infrastructure
- CEO
- Vincent Pilette