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 4.87% is 46% below its 1-year average of 9.09%, near the low end of its 1-year range (4.87%–13.30%).
As of the fiscal period ended Sunday, July 26, 2026. 46.36% below its 12-month average of 9.09%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
4.87%
FCF PAYOUT RATIO AVG TTM
9.09%
FCF PAYOUT RATIO AVG 3Y
9.09%
FCF PAYOUT RATIO AVG 5Y
9.09%
FCF PAYOUT RATIO AVG 10Y
9.09%
FCF PAYOUT RATIO AVG 15Y
9.09%
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-46.36%
CURRENT VS 3Y AVG
-46.36%
CURRENT VS 5Y AVG
-46.36%
CURRENT VS 10Y AVG
-46.36%
CURRENT VS 15Y AVG
-46.36%
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
4.9%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
33.00%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | ($22.58B) | $381.37M | N/A (Loss) |
| 2024 | ($22.14B) | $0 | N/A (Loss) |
| 2023 | ($1.89B) | $0 | N/A (Loss) |
| 2022 | ($287.20M) | $0 | N/A (Loss) |
| 2021 | ($2.54B) | $0 | N/A (Loss) |
| 2020 | ($1.08B) | $0 | N/A (Loss) |
| 2019 | $50.69M | $0 | 0.0% |
| 2018 | $3.78M | $0 | 0.0% |
| 2017 | $74.34M | $0 | 0.0% |
| 2016 | $108.25M | $0 | 0.0% |
| 2015 | $136.62M | $0 | 0.0% |
| 2014 | ($6.20M) | $0 | N/A (Loss) |
| 2013 | $13.45M | $0 | 0.0% |
| 2012 | $12.12M | $0 | 0.0% |
| 2011 | $18.22M | $0 | 0.0% |
| 2010 | $57.35M | $0 | 0.0% |
| 2009 | $73.96M | $0.06M | 0.1% |
| 2008 | $45.18M | $0 | 0.0% |
| 2007 | $91.77M | $0 | 0.0% |
| 2006 | $99.61M | $0 | 0.0% |
| 2005 | $100.64M | $0 | 0.0% |
| 2004 | $79.91M | $0 | 0.0% |
| 2003 | $32.46M | $0 | 0.0% |
| 2002 | ($6.99M) | $0 | N/A (Loss) |
| 2001 | ($6.75M) | $0.19M | N/A (Loss) |
| 2000 | ($129.89M) | $0 | N/A (Loss) |
| 1999 | ($23.64M) | $0 | N/A (Loss) |
| 1998 | ($11.84M) | $0 | N/A (Loss) |
| 1997 | ($1.00M) | $0 | N/A (Loss) |
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 |
|---|---|
| 2026-07-26 | 4.87% |
| 2026-03-31 | 13.30% |
| 2009-12-31 | 0.08% |
| 2009-09-30 | 0.13% |
| 2009-06-30 | 0.17% |
| 2009-03-31 | 0.13% |
