Dell Technologies (DELL) FCF Payout Ratio (2023 - 2026)
Dell Technologies' FCF Payout Ratio came in at 0.41 for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 109.6% from 0.20 a year earlier and up 176.0% from the prior quarter.
Dell Technologies (DELL) FCF Payout Ratio (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Dell Technologies reported FCF Payout Ratio of 0.18, down 35.8% year-over-year; for FY2026 (ended Jan 30, 2026), it was 0.17, down 75.0% from FY2025.
- Going back by fiscal year, FCF Payout Ratio was 0.68 in FY2025 (+276.7%), 0.18 in FY2024 (-89.4%) and 1.72 in FY2023.
- The five-year range for quarterly FCF Payout Ratio is 0.09 (fiscal Q4 2026) to 0.75 (fiscal Q1 2025).
- Year-over-year, FCF Payout Ratio increased in three of the last six quarters, with growth averaging 24.7%.
- The fastest year-over-year change in FCF Payout Ratio over five years came in fiscal Q2 2025 (growth of 362.4%), and the weakest in fiscal Q1 2026 (a decline of 76.4%).
- Business Quant data shows DELL's FCF Payout Ratio at 0.15 (Q1 2027), 0.09 (Q4 2026) and 0.70 (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | - |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | - |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 0.41 |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | - |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | - |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 0.15 |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 0.04 |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | - |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | - |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 0.21 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.41 |
| May 1, 2026 | 0.15 |
| Jan 30, 2026 | 0.09 |
| Oct 31, 2025 | 0.70 |
| Aug 1, 2025 | 0.20 |
| May 2, 2025 | 0.18 |
| Nov 1, 2024 | 0.34 |
| Aug 2, 2024 | 0.48 |
| May 3, 2024 | 0.75 |
| Feb 2, 2024 | 0.32 |
| Nov 3, 2023 | 0.18 |
| Aug 4, 2023 | 0.10 |
| May 5, 2023 | 0.26 |
| Feb 3, 2023 | 0.12 |
Dell Technologies FCF Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=DELL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "ticker": "DELL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=DELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();