FCF Payout Ratio: 28.91%
Is the FCF payout ratio high or low?
The FCF payout ratio of 28.91% is 14% below its 5-year average of 33.80%, near the low end of its 5-year range (28.71%–38.20%).
2.49% below its 12-month average of 29.65%.
RSG FCF Payout Ratio
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
RSG Average FCF Payout Ratio Chart
RSG Current vs Average FCF Payout Ratio Chart
RSG FCF Payout Ratio Metrics
FCF PAYOUT RATIO
28.91%
FCF PAYOUT RATIO AVG TTM
29.65%
FCF PAYOUT RATIO AVG 3Y
32.12%
FCF PAYOUT RATIO AVG 5Y
33.80%
FCF PAYOUT RATIO AVG 10Y
38.18%
FCF PAYOUT RATIO AVG 15Y
42.42%
FCF PAYOUT RATIO AVG 20Y
42.09%
CURRENT VS TTM AVG
-2.49%
CURRENT VS 3Y AVG
-9.98%
CURRENT VS 5Y AVG
-14.45%
CURRENT VS 10Y AVG
-24.27%
CURRENT VS 15Y AVG
-31.84%
CURRENT VS 20Y AVG
-31.31%
Payout Ratio Comparison
FCF Payout Ratio TTM
28.9%
Earnings Payout Ratio
36.4%
Dividend Yield
1.16%
FCF Yield
3.88%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $2.41B | $738.00M | 30.6% |
| 2024 | $2.08B | $687.00M | 33.0% |
| 2023 | $1.99B | $638.10M | 32.1% |
| 2022 | $1.74B | $592.90M | 34.2% |
| 2021 | $1.47B | $552.60M | 37.6% |
| 2020 | $1.28B | $522.50M | 40.9% |
| 2019 | $1.15B | $491.20M | 42.9% |
| 2018 | $1.17B | $461.80M | 39.4% |
| 2017 | $920.90M | $440.50M | 47.8% |
| 2016 | $920.00M | $418.90M | 45.5% |
| 2015 | $734.10M | $399.30M | 54.4% |
| 2014 | $672.00M | $378.60M | 56.3% |
| 2013 | $667.40M | $348.50M | 52.2% |
| 2012 | $610.30M | $329.10M | 53.9% |
| 2011 | $830.20M | $309.40M | 37.3% |
| 2010 | $639.00M | $294.60M | 46.1% |
| 2009 | $570.20M | $288.30M | 50.6% |
| 2008 | $125.30M | $128.30M | 102.4% |
| 2007 | $368.80M | $93.90M | 25.5% |
| 2006 | $184.50M | $78.50M | 42.5% |
| 2005 | $438.80M | $72.20M | 16.5% |
| 2004 | $382.50M | $46.00M | 12.0% |
| 2003 | $327.30M | $19.00M | 5.8% |
| 2002 | $311.10M | $0 | 0.0% |
| 2001 | $209.90M | $0 | 0.0% |
| 2000 | $253.80M | $0 | 0.0% |
| 1999 | ($703.60M) | $0 | N/A (Loss) |
| 1998 | ($347.10M) | $0 | N/A (Loss) |
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 Republic Services, Inc. (RSG)?
- The FCF payout ratio for RSG stock is 28.91%.
- Is Republic Services, Inc.'s FCF payout ratio high or low?
- The FCF payout ratio of 28.91% is 14% below its 5-year average of 33.80%, near the low end of its 5-year range (28.71%–38.20%).
- What is the TTM average FCF payout ratio for Republic Services, Inc. (RSG)?
- The TTM average FCF payout ratio for RSG stock is 29.65%.
- What is the 3Y average FCF payout ratio for Republic Services, Inc. (RSG)?
- The 3Y average FCF payout ratio for RSG stock is 32.12%.
- What is the 5Y average FCF payout ratio for Republic Services, Inc. (RSG)?
- The 5Y average FCF payout ratio for RSG stock is 33.80%.
- What is the 10Y average FCF payout ratio for Republic Services, Inc. (RSG)?
- The 10Y average FCF payout ratio for RSG stock is 38.18%.
- What is the 15Y average FCF payout ratio for Republic Services, Inc. (RSG)?
- The 15Y average FCF payout ratio for RSG stock is 42.42%.
- What is the 20Y average FCF payout ratio for Republic Services, Inc. (RSG)?
- The 20Y average FCF payout ratio for RSG stock is 42.09%.
RSG FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-03-31 | 28.91% |
| 2025-12-31 | 30.64% |
| 2025-09-30 | 28.71% |
| 2025-06-30 | 30.23% |
| 2025-03-31 | 29.77% |
| 2024-12-31 | 33.01% |
| 2024-09-30 | 35.31% |
| 2024-06-30 | 34.33% |
| 2024-03-31 | 32.92% |
| 2023-12-31 | 32.12% |
| 2023-09-30 | 32.71% |
| 2023-06-30 | 32.84% |
| 2023-03-31 | 36.05% |
| 2022-12-31 | 34.15% |
| 2022-09-30 | 34.36% |
| 2022-06-30 | 37.87% |
| 2022-03-31 | 37.24% |
| 2021-12-31 | 37.58% |
| 2021-09-30 | 36.35% |
| 2021-06-30 | 36.38% |
| 2021-03-31 | 38.20% |
| 2020-12-31 | 40.92% |
| 2020-09-30 | 40.14% |
| 2020-06-30 | 39.74% |
| 2020-03-31 | 44.86% |
| 2019-12-31 | 42.90% |
| 2019-09-30 | 43.06% |
| 2019-06-30 | 44.51% |
| 2019-03-31 | 42.30% |
| 2018-12-31 | 39.44% |
| 2018-09-30 | 36.90% |
| 2018-06-30 | 37.96% |
| 2018-03-31 | 43.82% |
| 2017-12-31 | 47.83% |
| 2017-09-30 | 47.59% |
| 2017-06-30 | 44.25% |
| 2017-03-31 | 43.23% |
| 2016-12-31 | 45.53% |
| 2016-09-30 | 54.32% |
| 2016-06-30 | 61.59% |
| 2016-03-31 | 60.56% |
| 2015-12-31 | 54.39% |
| 2015-09-30 | 46.63% |
| 2015-06-30 | 47.20% |
| 2015-03-31 | 53.59% |
| 2014-12-31 | 56.34% |
| 2014-09-30 | 58.47% |
| 2014-06-30 | 59.20% |
| 2014-03-31 | 55.39% |
| 2013-12-31 | 52.22% |
| 2013-09-30 | 48.01% |
| 2013-06-30 | 49.58% |
| 2013-03-31 | 44.04% |
| 2012-12-31 | 53.92% |
| 2012-09-30 | 55.20% |
| 2012-06-30 | 42.72% |
| 2012-03-31 | 41.67% |
| 2011-12-31 | 37.27% |
| 2011-09-30 | 36.39% |
| 2011-06-30 | 40.65% |
| 2011-03-31 | 43.55% |
| 2010-12-31 | 46.10% |
| 2010-09-30 | 58.85% |
| 2010-06-30 | 63.70% |
| 2010-03-31 | 84.64% |
| 2009-12-31 | 50.56% |
| 2009-09-30 | 65.10% |
| 2009-06-30 | 68.77% |
| 2009-03-31 | 54.77% |
| 2008-12-31 | 102.39% |
| 2008-09-30 | 38.73% |
| 2008-06-30 | 36.13% |
| 2008-03-31 | 23.27% |
| 2007-12-31 | 25.46% |
| 2007-09-30 | 21.85% |
| 2007-06-30 | 19.73% |
| 2007-03-31 | 24.52% |
| 2006-12-31 | 42.55% |
| 2006-09-30 | 30.34% |
| 2006-06-30 | 35.96% |
| 2006-03-31 | 31.26% |
| 2005-12-31 | 16.45% |
| 2005-09-30 | 21.75% |
| 2005-06-30 | 18.76% |
| 2005-03-31 | 15.73% |
| 2004-12-31 | 12.03% |
| 2004-09-30 | 11.02% |
| 2004-06-30 | 6.83% |
| 2004-03-31 | 4.65% |
| 2003-12-31 | 2.87% |
About Republic Services, Inc.
Republic Services, Inc., along with its subsidiaries, delivers comprehensive environmental services across the United States. The company specializes in the collection and processing of recyclable materials, alongside the gathering, transfer, and responsible disposal of non-hazardous solid waste, in addition to other environmental solutions. Its collection activities encompass curbside pickups, facilitating transport to transfer stations, landfills, or recycling facilities; the provision of waste and recycling containers; and compactor rentals. Beyond collection, Republic Services engages in the processing and sale of commodities such as old corrugated containers, newsprint, aluminum, and glass. The company also operates landfill and transfer services, manages the disposal of non-hazardous solid and liquid industrial waste, and provides on-site logistics and transportation. Serving a broad customer base, including residential, small-container, and large-container clients, Republic Services maintains a vast operational footprint. As of December 31, 2021, this included 356 collection operations, 239 transfer stations, 198 active landfills, 71 recycling processing centers, 6 saltwater disposal wells, 7 deep injection wells, and 3 treatment, recovery, and disposal facilities across 41 states. Furthermore, it oversees 77 landfill gas-to-energy and renewable energy projects and manages 124 closed landfills. The company, founded in 1996, is headquartered in Phoenix, Arizona.
- Sector
- Industrials
- Industry
- Waste Management
- CEO
- Jon Vander Ark