Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the FCF payout ratio high or low?
The FCF payout ratio of 0.06% is 61% below its 1-year average of 0.16%, near the low end of its 1-year range (0.06%–0.36%).
As of the fiscal period ended Thursday, September 30, 2021.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
0.06%
FCF PAYOUT RATIO AVG TTM
N/A
FCF PAYOUT RATIO AVG 3Y
N/A
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
0.1%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
N/A
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | ($2.06B) | $0 | N/A (Loss) |
| 2024 | ($4.05B) | $0 | N/A (Loss) |
| 2023 | ($3.83B) | $0 | N/A (Loss) |
| 2022 | $4.58B | $0 | 0.0% |
| 2021 | $13.34B | $0 | 0.0% |
| 2020 | $1.96B | $0 | 0.0% |
| 2019 | ($490.52M) | $0 | N/A (Loss) |
| 2018 | ($436.63M) | $0 | N/A (Loss) |
| 2017 | ($389.88M) | $1.48M | N/A (Loss) |
| 2016 | $33.59M | $0.63M | 1.9% |
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 |
|---|---|
| 2021-09-30 | 0.06% |
| 2021-06-30 | 0.08% |
| 2021-03-31 | 0.14% |
| 2020-12-31 | 0.36% |
