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Alphabet Inc. (GOOGL) 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. (GOOGL) is 15.98%. It is above its 12-month average by 34.09% (11.92%).

GOOGL FCF Payout Ratio Chart

GOOGL FCF Payout Ratio
13.72%+35.54% 6M
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GOOGL Average FCF Payout Ratio Chart

GOOGL Current vs Average FCF Payout Ratio Chart

GOOGL 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

YearFree Cash FlowDividends PaidFCF Payout Ratio
2025$73.27B$10.05B13.7%
2024$72.76B$7.36B10.1%
2023$69.50B$00.0%
2022$60.01B$00.0%
2021$67.01B$00.0%
2020$42.84B$00.0%
2019$30.97B$00.0%
2018$22.83B$00.0%
2017$23.91B$00.0%
2016$25.82B$00.0%
2015$16.11B$00.0%
2014$11.42B$00.0%
2013$11.30B$00.0%
2012$13.35B$00.0%
2011$11.13B$00.0%
2010$7.06B$00.0%
2009$8.51B$00.0%
2008$5.49B$00.0%
2007$3.37B$00.0%
2006$1.68B$00.0%
2005$1.62B$00.0%
2004$658.05M$00.0%
2003$218.64M$00.0%
2002$118.07M$00.0%
2001$18.00M$00.0%

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. (GOOGL)?
The FCF payout ratio for GOOGL 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. (GOOGL)?
The TTM average FCF payout ratio for GOOGL stock is 11.92%.
What is the 3Y average FCF payout ratio for Alphabet Inc. (GOOGL)?
The 3Y average FCF payout ratio for GOOGL stock is 11.92%.
What is the 5Y average FCF payout ratio for Alphabet Inc. (GOOGL)?
The 5Y average FCF payout ratio for GOOGL stock is 11.92%.
What is the 10Y average FCF payout ratio for Alphabet Inc. (GOOGL)?
The 10Y average FCF payout ratio for GOOGL stock is 11.92%.
What is the 15Y average FCF payout ratio for Alphabet Inc. (GOOGL)?
The 15Y average FCF payout ratio for GOOGL stock is 11.92%.
What is the 20Y average FCF payout ratio for Alphabet Inc. (GOOGL)?
The 20Y average FCF payout ratio for GOOGL stock is 11.92%.

Alphabet Inc. FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2025-12-3113.72%
2024-12-3110.12%

About Alphabet Inc.

Alphabet Inc. provides a diverse range of products and digital platforms to consumers across multiple global regions, including North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's operations are organized into three primary divisions: Google Services, Google Cloud, and "Other Bets." The Google Services segment delivers core offerings such as its advertising solutions, the Android operating system, the Chrome browser, and various hardware. It also features popular applications like Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. This division further handles the sale of applications, in-app purchases, and digital content via the Google Play store, alongside marketing devices such as Fitbit wearables, Google Nest smart home products, Pixel smartphones, and other proprietary hardware. It also provides non-advertising services for YouTube. The Google Cloud segment offers a comprehensive suite of infrastructure, platform, and other cloud computing services for businesses. This includes Google Workspace, a collection of cloud-native collaboration tools for enterprises, featuring applications like Gmail, Docs, Drive, Calendar, and Meet, among other specialized services for corporate clients. Lastly, the "Other Bets" segment is engaged in developing and selling health technology and internet services. Established in 1998, Alphabet Inc. maintains its principal executive offices in Mountain View, California.

Mountain View, CA
185,719 employees
Communication Services / Internet Content & Information
Sector
Communication Services
Industry
Internet Content & Information
CEO
Sundar Pichai