EMN Payout Ratio: current value, 10-year range and year-by-year history
Cash & Leverage
Payout Ratio History
EMN Payout Ratio by year
Yearly range of EMN’s payout ratio from 2016 to 2026. Over the full period it ranged from 27.2% to 136.9%, averaging 55.5%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 71.7% | 74.4% | 77.1% | 71.7% |
| 2025 | 67.3% | 86.8% | 96.0% | 90.2% |
| 2024 | 55.9% | 64.2% | 73.0% | 55.9% |
| 2023 | 69.8% | 97.8% | 136.9% | 69.8% |
| 2022 | 46.0% | 85.7% | 130.5% | 105.4% |
| 2021 | 32.7% | 34.1% | 36.6% | 36.6% |
| 2020 | 27.2% | 29.2% | 34.1% | 34.1% |
| 2019 | 30.6% | 31.3% | 32.0% | 32.0% |
| 2018 | 32.0% | 33.8% | 37.2% | 32.0% |
| 2017 | 30.0% | 38.6% | 44.4% | 30.0% |
| 2016 | 28.5% | 32.5% | 36.5% | 36.5% |
Get notified when EMN 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.