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 16.70% is 78% below its 4-year average of 74.85%, near the low end of its 4-year range (16.70%–145.30%).
As of the fiscal period ended Saturday, September 28, 2013. 65.05% below its 12-month average of 47.77%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
16.70%
FCF PAYOUT RATIO AVG TTM
47.77%
FCF PAYOUT RATIO AVG 3Y
82.44%
FCF PAYOUT RATIO AVG 5Y
70.94%
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
-65.05%
CURRENT VS 3Y AVG
-79.75%
CURRENT VS 5Y AVG
-76.46%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
16.7%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
0.86%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $539.81M | $0 | 0.0% |
| 2024 | $619.64M | $0 | 0.0% |
| 2023 | $442.18M | $0 | 0.0% |
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 |
|---|---|
| 2013-09-28 | 16.70% |
| 2013-06-29 | 31.02% |
| 2013-03-30 | 55.81% |
| 2012-12-31 | 71.75% |
| 2012-09-29 | 63.60% |
| 2012-06-30 | 110.40% |
| 2012-03-31 | 101.47% |
| 2011-12-31 | 145.30% |
| 2011-10-01 | 134.76% |
| 2011-07-02 | 89.64% |
| 2011-04-02 | 85.13% |
| 2010-12-31 | 79.89% |
| 2010-10-02 | 86.28% |
| 2010-07-03 | 76.92% |
| 2010-04-03 | 84.37% |
| 2009-12-31 | 56.80% |
| 2009-10-03 | 54.48% |
| 2009-07-04 | 48.76% |
| 2009-04-04 | 29.06% |
| 2008-09-27 | 5.57% |
| 2008-06-28 | 5.99% |
| 2008-03-29 | 5.98% |
| 2007-12-31 | 6.20% |
| 2007-09-29 | 7.19% |
| 2007-06-30 | 7.59% |
| 2007-03-31 | 8.96% |
| 2006-12-31 | 9.02% |
| 2006-09-30 | 63.72% |
| 2006-07-01 | 59.39% |
| 2006-04-01 | 55.17% |
| 2005-12-31 | 110.62% |
| 2005-10-01 | 54.64% |
| 2005-07-02 | 57.55% |
| 2005-04-02 | 63.79% |
| 2022 |
| $428.20M |
| $0 |
| 0.0% |
| 2021 | $579.01M | $0 | 0.0% |
| 2020 | $618.12M | $0 | 0.0% |
| 2019 | $479.26M | $0 | 0.0% |
| 2018 | $476.88M | $0 | 0.0% |
| 2017 | $607.17M | $0 | 0.0% |
| 2016 | $534.11M | $0 | 0.0% |
| 2015 | $457.28M | $0 | 0.0% |
| 2014 | $405.40M | $0 | 0.0% |
| 2013 | $366.43M | $0 | 0.0% |
| 2012 | $344.53M | $0 | 0.0% |
| 2011 | $411.94M | $0 | 0.0% |
| 2010 | $395.12M | $0 | 0.0% |
| 2009 | $324.47M | $0 | 0.0% |
| 2008 | $349.18M | $0 | 0.0% |
| 2007 | $310.17M | $0 | 0.0% |
| 2006 | $212.17M | $0 | 0.0% |
| 2005 | $247.02M | $0 | 0.0% |
| 2004 | $193.21M | $0 | 0.0% |
| 2003 | $122.42M | $0 | 0.0% |
| 2002 | $181.68M | $0 | 0.0% |
| 2001 | $146.74M | $0 | 0.0% |
| 2000 | $140.22M | $0 | 0.0% |
| 1999 | $128.40M | $0 | 0.0% |
| 1998 | $92.00M | $0 | 0.0% |
| 1997 | ($82.80M) | $0 | N/A (Loss) |
| 1996 | $45.60M | $0 | 0.0% |
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.
