Basis: Latest reported fiscal quarter; includes inputs from SEC filing. Source: stored company filings and market data; unavailable inputs remain N/A.
The FCF payout ratio is N/A as of the fiscal period ended Monday, June 30, 2025.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2025 (2025-06-30): 18.36%.
Includes values from SEC filing for the quarter ended 2026-06-30.
FCF PAYOUT RATIO
N/A
FCF PAYOUT RATIO AVG TTM
13.77%
FCF PAYOUT RATIO AVG 3Y
8.67%
FCF PAYOUT RATIO AVG 5Y
N/A
FCF PAYOUT RATIO AVG 10Y
N/A
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
N/A
Earnings Payout Ratio
16.5%
Dividend Yield
0.82%
FCF Yield
N/A
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $2.46B | $451.00M | 18.3% |
| 2024 | $3.16B | $412.00M | 13.1% |
| 2023 | $6.30B | $393.00M | 6.2% |
| 2022 | $8.69B | $349.00M | 4.0% |
| 2021 | $1.50B | $85.00M | 5.7% |
| 2020 | ($574.00M) | $0 |
Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100
FCF payout and earnings payout:
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
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
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-06-30 | 18.36% |
| 2025-03-31 | 13.24% |
| 2024-12-31 | 13.05% |
| 2024-09-30 | 12.91% |
| 2024-06-30 | 11.27% |
| 2024-03-31 | 9.54% |
| 2023-12-31 | 6.24% |
| 2023-09-30 | 5.03% |
| 2023-06-30 | 4.40% |
| 2023-03-31 | 4.06% |
| 2022-12-31 | 4.01% |
| 2022-09-30 | 5.22% |
| 2022-06-30 | 5.40% |
| 2022-03-31 | 5.51% |
| 2021-12-31 | 5.66% |
| N/A (Loss) |
| 2019 | ($1.22B) | $0 | N/A (Loss) |
| 2018 | ($1.65B) | $0 | N/A (Loss) |
| 2017 | ($2.13B) | $0 | N/A (Loss) |
| 2016 | ($4.76B) | $0 | N/A (Loss) |
| 2015 | ($7.34B) | $0 | N/A (Loss) |
| 2014 | ($3.09B) | $0 | N/A (Loss) |
| 2013 | ($3.17B) | $0 | N/A (Loss) |
| 2012 | ($1.23B) | $0 | N/A (Loss) |
| 2011 | ($51.70M) | $0 | N/A (Loss) |
| 2010 | ($21.14M) | $26.39M | N/A (Loss) |
| 2009 | ($211.17M) | $26.39M | N/A (Loss) |
| 2008 | ($739.39M) | $26.39M | N/A (Loss) |
| 2007 | ($914.49M) | $0 | N/A (Loss) |
| 2006 | ($535.46M) | $0 | N/A (Loss) |
| 2005 | ($257.77M) | $0 | N/A (Loss) |
| 2004 | ($3.60M) | $0 | N/A (Loss) |
| 2003 | ($10.41M) | $0 | N/A (Loss) |
| 2002 | ($4.21M) | $0 | N/A (Loss) |
| 2001 | ($6.96M) | $0 | N/A (Loss) |
| 2000 | ($1.68M) | $0 | N/A (Loss) |
| 1999 | ($9.00M) | $0 | N/A (Loss) |
| 1998 | ($4.70M) | $0 | N/A (Loss) |
| 1997 | ($3.60M) | $0 | N/A (Loss) |
| 1996 | ($0.10M) | $0 | N/A (Loss) |
