GFI Payout Ratio: current value, 10-year range and year-by-year history
Cash & Leverage
Payout Ratio History
GFI Payout Ratio by year
Yearly range of GFI’s payout ratio from 2017 to 2026. Over the full period it ranged from 15.3% to 665.1%, averaging 68.2%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 25.5% | 25.5% | 25.5% | 25.5% |
| 2025 | 18.1% | 21.0% | 23.8% | 18.1% |
| 2024 | 28.0% | 33.0% | 38.0% | 28.0% |
| 2023 | 31.3% | 31.9% | 32.6% | 31.3% |
| 2022 | 24.7% | 26.2% | 27.7% | 27.7% |
| 2021 | 26.7% | 27.5% | 28.2% | 28.2% |
| 2020 | 15.3% | 16.3% | 17.3% | 15.3% |
| 2019 | 56.1% | 360.6% | 665.1% | 56.1% |
| 2017 | 48.3% | 50.1% | 51.9% | 51.9% |
Get notified when GFI 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.