FCF Payout Ratio: 27.57%
Is the FCF payout ratio high or low?
The FCF payout ratio of 27.57% is in line with its 5-year average of 28.58%, around the middle of its 5-year range (17.22%–41.88%).
8.46% below its 12-month average of 30.12%.
MAS FCF Payout Ratio
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
MAS Average FCF Payout Ratio Chart
MAS Current vs Average FCF Payout Ratio Chart
MAS FCF Payout Ratio Metrics
FCF PAYOUT RATIO
27.57%
FCF PAYOUT RATIO AVG TTM
30.12%
FCF PAYOUT RATIO AVG 3Y
27.90%
FCF PAYOUT RATIO AVG 5Y
27.91%
FCF PAYOUT RATIO AVG 10Y
24.26%
FCF PAYOUT RATIO AVG 15Y
24.68%
FCF PAYOUT RATIO AVG 20Y
28.50%
CURRENT VS TTM AVG
-8.46%
CURRENT VS 3Y AVG
-1.19%
CURRENT VS 5Y AVG
-1.21%
CURRENT VS 10Y AVG
+13.64%
CURRENT VS 15Y AVG
+11.72%
CURRENT VS 20Y AVG
-3.27%
Payout Ratio Comparison
FCF Payout Ratio TTM
27.6%
Earnings Payout Ratio
33.0%
Dividend Yield
1.60%
FCF Yield
5.81%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $866.00M | $261.00M | 30.1% |
| 2024 | $907.00M | $254.00M | 28.0% |
| 2023 | $1.17B | $257.00M | 22.0% |
| 2022 | $616.00M | $258.00M | 41.9% |
| 2021 | $802.00M | $211.00M | 26.3% |
| 2020 | $839.00M | $145.00M | 17.3% |
| 2019 | $671.00M | $144.00M | 21.5% |
| 2018 | $813.00M | $134.00M | 16.5% |
| 2017 | $578.00M | $129.00M | 22.3% |
| 2016 | $546.00M | $128.00M | 23.4% |
| 2015 | $541.00M | $126.00M | 23.3% |
| 2014 | $474.00M | $117.00M | 24.7% |
| 2013 | $519.00M | $107.00M | 20.6% |
| 2012 | $162.00M | $107.00M | 66.0% |
| 2011 | $88.00M | $125.00M | 142.0% |
| 2010 | $328.00M | $123.00M | 37.5% |
| 2009 | $580.00M | $182.00M | 31.4% |
| 2008 | $597.00M | $336.00M | 56.3% |
| 2007 | $1.02B | $347.00M | 34.0% |
| 2006 | $820.00M | $349.00M | 42.6% |
| 2005 | $1.09B | $339.00M | 31.0% |
| 2004 | $1.14B | $302.00M | 26.4% |
| 2003 | $1.15B | $286.00M | 24.9% |
| 2002 | $940.18M | $267.88M | 28.5% |
| 2001 | $692.21M | $243.81M | 35.2% |
| 2000 | $345.81M | $218.68M | 63.2% |
| 1999 | ($655.30M) | $165.00M | N/A (Loss) |
| 1998 | ($92.80M) | $145.30M | N/A (Loss) |
| 1997 | $50.70M | $131.70M | 259.8% |
| 1996 | $28.50M | $123.50M | 433.3% |
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 Masco Corporation (MAS)?
- The FCF payout ratio for MAS stock is 27.57%.
- Is Masco Corporation's FCF payout ratio high or low?
- The FCF payout ratio of 27.57% is in line with its 5-year average of 28.58%, around the middle of its 5-year range (17.22%–41.88%).
- What is the TTM average FCF payout ratio for Masco Corporation (MAS)?
- The TTM average FCF payout ratio for MAS stock is 30.12%.
- What is the 3Y average FCF payout ratio for Masco Corporation (MAS)?
- The 3Y average FCF payout ratio for MAS stock is 27.90%.
- What is the 5Y average FCF payout ratio for Masco Corporation (MAS)?
- The 5Y average FCF payout ratio for MAS stock is 27.91%.
- What is the 10Y average FCF payout ratio for Masco Corporation (MAS)?
- The 10Y average FCF payout ratio for MAS stock is 24.26%.
- What is the 15Y average FCF payout ratio for Masco Corporation (MAS)?
- The 15Y average FCF payout ratio for MAS stock is 24.68%.
- What is the 20Y average FCF payout ratio for Masco Corporation (MAS)?
- The 20Y average FCF payout ratio for MAS stock is 28.50%.
MAS FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-03-31 | 27.57% |
| 2025-12-31 | 30.10% |
| 2025-09-30 | 30.70% |
| 2025-06-30 | 31.85% |
| 2025-03-31 | 30.37% |
| 2024-12-31 | 28.00% |
| 2024-09-30 | 26.05% |
| 2024-06-30 | 24.78% |
| 2024-03-31 | 23.86% |
| 2023-12-31 | 21.97% |
| 2023-09-30 | 26.12% |
| 2023-06-30 | 30.96% |
| 2023-03-31 | 30.40% |
| 2022-12-31 | 41.88% |
| 2022-09-30 | 37.50% |
| 2022-06-30 | 34.17% |
| 2022-03-31 | 36.28% |
| 2021-12-31 | 26.31% |
| 2021-09-30 | 22.44% |
| 2021-06-30 | 21.54% |
| 2021-03-31 | 17.22% |
| 2020-12-31 | 17.28% |
| 2020-09-30 | 21.68% |
| 2020-06-30 | 18.99% |
| 2020-03-31 | 20.17% |
| 2019-12-31 | 21.46% |
| 2019-09-30 | 17.34% |
| 2019-06-30 | 18.17% |
| 2019-03-31 | 18.40% |
| 2018-12-31 | 16.48% |
| 2018-09-30 | 18.25% |
| 2018-06-30 | 18.84% |
| 2018-03-31 | 19.43% |
| 2017-12-31 | 22.32% |
| 2017-09-30 | 20.31% |
| 2017-06-30 | 21.90% |
| 2017-03-31 | 25.75% |
| 2016-12-31 | 23.44% |
| 2016-09-30 | 25.60% |
| 2016-06-30 | 25.05% |
| 2016-03-31 | 21.43% |
| 2015-12-31 | 23.29% |
| 2015-09-30 | 22.32% |
| 2015-06-30 | 23.32% |
| 2015-03-31 | 21.79% |
| 2014-12-31 | 24.68% |
| 2014-09-30 | 23.28% |
| 2014-06-30 | 20.34% |
| 2014-03-31 | 22.04% |
| 2013-12-31 | 20.62% |
| 2013-09-30 | 26.09% |
| 2013-06-30 | 49.54% |
| 2013-03-31 | 95.54% |
| 2012-12-31 | 66.05% |
| 2012-09-30 | 98.17% |
| 2012-06-30 | 81.54% |
| 2012-03-31 | 144.19% |
| 2011-12-31 | 142.05% |
| 2011-09-30 | 73.96% |
| 2011-06-30 | 56.00% |
| 2011-03-31 | 43.16% |
| 2010-12-31 | 37.50% |
| 2010-09-30 | 32.11% |
| 2010-06-30 | 23.43% |
| 2010-03-31 | 24.36% |
| 2009-12-31 | 31.38% |
| 2009-09-30 | 38.45% |
| 2009-06-30 | 51.93% |
| 2009-03-31 | 37.15% |
| 2008-12-31 | 42.21% |
| 2008-09-30 | 36.24% |
| 2008-06-30 | 30.30% |
| 2008-03-31 | 41.45% |
| 2007-12-31 | 33.95% |
| 2007-09-30 | 35.98% |
| 2007-06-30 | 37.80% |
| 2007-03-31 | 37.77% |
| 2006-12-31 | 42.56% |
| 2006-09-30 | 33.66% |
| 2006-06-30 | 36.15% |
| 2006-03-31 | 36.03% |
| 2005-12-31 | 31.04% |
| 2005-09-30 | 34.67% |
| 2005-06-30 | 29.71% |
| 2005-03-31 | 26.33% |
| 2004-12-31 | 26.40% |
| 2004-09-30 | 26.00% |
| 2004-06-30 | 25.19% |
| 2004-03-31 | 24.87% |
| 2003-12-31 | 24.87% |
| 2003-09-30 | 24.33% |
| 2003-06-30 | 27.70% |
| 2003-03-31 | 31.08% |
About Masco Corporation
Masco Corporation is a prominent global manufacturer and distributor of home improvement and building products, serving markets across North America, Europe, and other international regions. The company operates through two main segments. Its Plumbing Products division offers a vast array of items, from fixtures like faucets, showerheads, and valves to comprehensive bathing solutions such as tubs, shower bases, sinks, and toilets. This segment also provides high-end offerings like spas, exercise pools, and fitness systems, alongside crucial plumbing system components made from brass, copper, and composites, as well as connected water technologies, thermoplastic solutions, and PEX tubing. These products are sold under numerous recognized brands, including DELTA, HANSGROHE, KRAUS, HOT SPRING, and ENDLESS POOLS. The Decorative Architectural Products segment enhances both the aesthetic and functional aspects of homes. Its portfolio includes various paints, primers, specialty coatings, stains, and waterproofing products, along with associated applicators. It also supplies diverse cabinet and door hardware, functional hardware, wall plates, closet organization systems, and picture hanging accessories. Additionally, this segment provides decorative bath hardware, mirrors, shower doors, and a wide selection of indoor and outdoor lighting fixtures, such as ceiling fans, landscape lighting, and LED systems. Key brands in this segment include BEHR, KILZ, LIBERTY, and KICHLER. Masco distributes its extensive product range through a broad network of channels, encompassing plumbing, heating, and hardware wholesalers; home centers and online retailers; independent hardware stores; electrical and landscape distributors; lighting showrooms; building supply outlets; and various mass merchandisers. Masco Corporation was founded in 1929 and is headquartered in Livonia, Michigan.
- Sector
- Consumer Cyclical
- Industry
- Furnishings, Fixtures & Appliances
- CEO
- Jonathon J. Nudi