APH Payout Ratio: current value, 10-year range and year-by-year history
Cash & Leverage
Payout Ratio History
APH Payout Ratio by year
Yearly range of APH’s payout ratio from 2016 to 2026. Over the full period it ranged from 20.2% to 68.9%, averaging 32.4%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 46.2% | 48.1% | 50.1% | 50.1% |
| 2025 | 43.9% | 55.0% | 68.9% | 43.9% |
| 2024 | 23.8% | 42.2% | 64.9% | 64.9% |
| 2023 | 24.5% | 25.7% | 26.4% | 24.5% |
| 2022 | 28.0% | 32.2% | 35.7% | 28.0% |
| 2021 | 27.3% | 30.3% | 33.8% | 33.8% |
| 2020 | 23.1% | 23.8% | 24.6% | 24.6% |
| 2019 | 24.5% | 26.3% | 28.5% | 24.5% |
| 2018 | 28.7% | 31.3% | 34.0% | 34.0% |
| 2017 | 20.5% | 22.5% | 24.7% | 24.2% |
| 2016 | 20.2% | 20.4% | 20.6% | 20.6% |
Get notified when APH Payout Ratio crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
What fraction of free cash flow is paid out as dividends. More reliable than the earnings-based payout ratio because cash is harder to manipulate through accounting choices. Low ratio = room to grow the dividend and absorb an earnings dip. High ratio = dividend is consuming most of the cash generated.
TTM Dividends Per Share / (TTM FCF ÷ Shares) × 100%A steadily rising FCF payout ratio warrants scrutiny only if FCF itself is flat or falling — that means the company is paying out a larger slice of shrinking cash. A high but stable ratio in a capital-light business (e.g. consumer staples) can be perfectly sustainable.
- FCF can be lumpy: large one-off capex or working-capital swings distort a single year. Look at the multi-year trend rather than any single data point.
- Utilities and REITs naturally sustain 60–90% FCF payout ratios; industrials and tech companies typically run 20–50%. Always compare to sector context.
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.