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 0.82% is 78% below its 5-year average of 3.79%, near the low end of its 5-year range (0.82%–10.45%).
As of the fiscal period ended Sunday, April 26, 2026. 29.63% below its 12-month average of 1.16%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
0.82%
FCF PAYOUT RATIO AVG TTM
1.16%
FCF PAYOUT RATIO AVG 3Y
1.20%
FCF PAYOUT RATIO AVG 5Y
3.79%
FCF PAYOUT RATIO AVG 10Y
8.31%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-29.63%
CURRENT VS 3Y AVG
-31.97%
CURRENT VS 5Y AVG
-78.46%
CURRENT VS 10Y AVG
-90.17%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
0.8%
Earnings Payout Ratio
0.6%
Dividend Yield
0.01%
FCF Yield
2.36%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $96.68B | $974.00M | 1.0% |
| 2025 | $60.85B | $834.00M | 1.4% |
| 2024 | $27.02B | $395.00M | 1.5% |
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 |
|---|---|
| 2026-04-26 | 0.82% |
| 2026-01-25 | 1.01% |
| 2025-10-26 | 1.26% |
| 2025-07-27 | 1.36% |
| 2025-04-27 | 1.36% |
| 2025-01-26 | 1.37% |
| 2024-10-27 | 1.22% |
| 2024-07-28 | 1.15% |
| 2024-04-28 | 1.00% |
| 2024-01-28 | 1.46% |
| 2023-10-29 | 2.25% |
| 2023-07-30 | 3.85% |
| 2023-04-30 | 7.78% |
| 2023-01-29 | 10.45% |
| 2022-10-30 | 8.30% |
| 2022-07-31 | 6.40% |
| 2022-05-01 | 5.05% |
| 2022-01-30 | 4.91% |
| 2021-10-31 | 5.55% |
| 2021-08-01 | 5.94% |
| 2021-05-02 | 7.18% |
| 2021-01-31 | 8.41% |
| 2020-10-25 | 9.31% |
| 2020-07-26 | 7.90% |
| 2020-04-26 | 8.82% |
| 2020-01-26 | 9.13% |
| 2019-10-27 | 10.69% |
| 2019-07-28 | 15.69% |
| 2019-04-28 | 15.66% |
| 2019-01-27 | 11.80% |
| 2018-10-28 | 10.74% |
| 2018-07-29 | 8.62% |
| 2018-04-29 | 8.73% |
| 2018-01-28 | 11.72% |
| 2017-10-29 | 12.36% |
| 2017-07-30 | 15.59% |
| 2017-04-30 | 19.25% |
| 2017-01-29 | 17.45% |
| 2016-10-30 | 18.61% |
| 2016-07-31 | 20.41% |
| 2016-05-01 | 20.14% |
| 2016-01-31 | 19.56% |
| 2015-10-25 | 19.73% |
| 2015-07-26 | 20.26% |
| 2015-04-26 | 21.10% |
| 2015-01-25 | 23.76% |
| 2014-10-26 | 26.66% |
| 2014-07-27 | 28.42% |
| 2014-04-27 | 30.76% |
| 2014-01-26 | 31.27% |
| 2013-10-27 | 20.50% |
| 2013-07-28 | 13.55% |
| 2013-04-28 | 5.86% |
| 2023 |
| $3.81B |
| $398.00M |
| 10.5% |
| 2022 | $8.13B | $399.00M | 4.9% |
| 2021 | $4.69B | $395.00M | 8.4% |
| 2020 | $4.27B | $390.00M | 9.1% |
| 2019 | $3.14B | $371.00M | 11.8% |
| 2018 | $2.91B | $341.00M | 11.7% |
| 2017 | $1.50B | $261.00M | 17.4% |
| 2016 | $1.09B | $213.00M | 19.6% |
| 2015 | $784.00M | $186.00M | 23.7% |
| 2014 | $580.00M | $181.00M | 31.2% |
| 2013 | $640.86M | $46.87M | 7.3% |
| 2012 | $770.42M | $0 | 0.0% |
| 2011 | $577.91M | $0 | 0.0% |
| 2010 | $410.21M | $0 | 0.0% |
| 2009 | ($158.31M) | $0 | N/A (Loss) |
| 2008 | $1.08B | $0 | 0.0% |
| 2007 | $441.86M | $0 | 0.0% |
| 2006 | $366.81M | $0 | 0.0% |
| 2005 | $64.94M | $0 | 0.0% |
| 2004 | ($77.93M) | $0 | N/A (Loss) |
| 2003 | $201.91M | $0 | 0.0% |
| 2002 | ($0.27M) | $0 | N/A (Loss) |
| 2001 | $231.58M | $0 | 0.0% |
| 2000 | $4.28M | $0 | 0.0% |
| 1999 | ($9.80M) | $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.
