Alphabet Inc. (GOOG) FCF Payout Ratio: 15.98%
Is Alphabet Inc.’s FCF payout ratio high or low?
Alphabet Inc.'s FCF payout ratio of 15.98% is 34% above its 5-year average of 11.92%, near the high end of its 5-year range (10.12%–13.72%).
The FCF payout ratio for Alphabet Inc. (GOOG) is 15.98%. It is above its 12-month average by 34.09% (11.92%).
GOOG FCF Payout Ratio Chart
GOOG Average FCF Payout Ratio Chart
GOOG Current vs Average FCF Payout Ratio Chart
GOOG FCF Payout Ratio Metrics
FCF PAYOUT RATIO
15.98%
FCF PAYOUT RATIO AVG TTM
11.92%
FCF PAYOUT RATIO AVG 3Y
11.92%
FCF PAYOUT RATIO AVG 5Y
11.92%
FCF PAYOUT RATIO AVG 10Y
11.92%
FCF PAYOUT RATIO AVG 15Y
11.92%
FCF PAYOUT RATIO AVG 20Y
11.92%
CURRENT VS TTM AVG
+34.09%
CURRENT VS 3Y AVG
+34.09%
CURRENT VS 5Y AVG
+34.09%
CURRENT VS 10Y AVG
+34.09%
CURRENT VS 15Y AVG
+34.09%
CURRENT VS 20Y AVG
+34.09%
Payout Ratio Comparison
FCF Payout Ratio
16.0%
Earnings Payout Ratio
7.8%
Dividend Yield
0.23%
FCF Yield
1.45%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $73.27B | $10.05B | 13.7% |
| 2024 | $72.76B | $7.36B | 10.1% |
| 2023 | $69.50B | $0 | 0.0% |
| 2022 | $60.01B | $0 | 0.0% |
| 2021 | $67.01B | $0 | 0.0% |
| 2020 | $42.84B | $0 | 0.0% |
| 2019 | $30.97B | $0 | 0.0% |
| 2018 | $22.83B | $0 | 0.0% |
| 2017 | $23.91B | $0 | 0.0% |
| 2016 | $25.82B | $0 | 0.0% |
| 2015 | $16.11B | $0 | 0.0% |
| 2014 | $11.42B | $0 | 0.0% |
| 2013 | $11.30B | $0 | 0.0% |
| 2012 | $13.35B | $0 | 0.0% |
| 2011 | $11.13B | $0 | 0.0% |
| 2010 | $7.06B | $0 | 0.0% |
| 2009 | $8.51B | $0 | 0.0% |
| 2008 | $5.49B | $0 | 0.0% |
| 2007 | $3.37B | $0 | 0.0% |
| 2006 | $1.68B | $0 | 0.0% |
| 2005 | $1.62B | $0 | 0.0% |
| 2004 | $658.05M | $0 | 0.0% |
| 2003 | $218.64M | $0 | 0.0% |
| 2002 | $118.07M | $0 | 0.0% |
| 2001 | $18.00M | $0 | 0.0% |
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.
Alphabet Inc. 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
Alphabet Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Alphabet Inc. (GOOG)?
- The FCF payout ratio for GOOG stock is 15.98%.
- Is Alphabet Inc.'s FCF payout ratio high or low?
- Alphabet Inc.'s FCF payout ratio of 15.98% is 34% above its 5-year average of 11.92%, near the high end of its 5-year range (10.12%–13.72%).
- What is the TTM average FCF payout ratio for Alphabet Inc. (GOOG)?
- The TTM average FCF payout ratio for GOOG stock is 11.92%.
- What is the 3Y average FCF payout ratio for Alphabet Inc. (GOOG)?
- The 3Y average FCF payout ratio for GOOG stock is 11.92%.
- What is the 5Y average FCF payout ratio for Alphabet Inc. (GOOG)?
- The 5Y average FCF payout ratio for GOOG stock is 11.92%.
- What is the 10Y average FCF payout ratio for Alphabet Inc. (GOOG)?
- The 10Y average FCF payout ratio for GOOG stock is 11.92%.
- What is the 15Y average FCF payout ratio for Alphabet Inc. (GOOG)?
- The 15Y average FCF payout ratio for GOOG stock is 11.92%.
- What is the 20Y average FCF payout ratio for Alphabet Inc. (GOOG)?
- The 20Y average FCF payout ratio for GOOG stock is 11.92%.
Alphabet Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 13.72% |
| 2024-12-31 | 10.12% |
About Alphabet Inc.
Alphabet Inc. operates globally, providing a wide array of products and digital platforms to customers across the United States, Europe, the Middle East, Africa, the Asia-Pacific region, Canada, and Latin America. The company's business is organized into three primary segments: Google Services, Google Cloud, and Other Bets. The Google Services division delivers a broad spectrum of consumer-facing offerings, which include its advertising products, the Android operating system, Chrome browser, various hardware devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search functionality, and YouTube. This segment also generates revenue through the sale of applications, in-app purchases, and digital content via Google Play and YouTube, alongside device sales and consumer subscriptions for YouTube services. Conversely, the Google Cloud segment furnishes enterprise-grade solutions such as infrastructure, cybersecurity, database management, analytics, artificial intelligence, and other professional services. This encompasses the Google Workspace suite, a collection of cloud-native communication and collaboration tools for businesses, including Gmail, Docs, Drive, Calendar, and Meet, among other offerings tailored for corporate clients. The Other Bets segment is dedicated to developing nascent ventures, particularly those focused on healthcare-related and internet services. Established in 1998, Alphabet Inc. maintains its corporate headquarters in Mountain View, California.
- Sector
- Communication Services
- Industry
- Internet Content & Information
- CEO
- Sundar Pichai