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 851.98% is 633% above its 5-year average of 116.25%, near the high end of its 5-year range (9.05%–851.98%).
As of the fiscal period ended Saturday, May 2, 2026. 190.93% above its 12-month average of 292.84%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
851.98%
FCF PAYOUT RATIO AVG TTM
292.84%
FCF PAYOUT RATIO AVG 3Y
28.94%
FCF PAYOUT RATIO AVG 5Y
32.51%
FCF PAYOUT RATIO AVG 10Y
37.71%
FCF PAYOUT RATIO AVG 15Y
47.81%
FCF PAYOUT RATIO AVG 20Y
45.42%
CURRENT VS TTM AVG
+190.93%
CURRENT VS 3Y AVG
+2843.73%
CURRENT VS 5Y AVG
+2520.95%
CURRENT VS 10Y AVG
+2159.25%
CURRENT VS 15Y AVG
+1681.85%
CURRENT VS 20Y AVG
+1775.80%
FCF Payout Ratio TTM
852.0%
Earnings Payout Ratio
44.6%
Dividend Yield
2.94%
FCF Yield
0.51%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $195.39M | $85.26M | 43.6% |
| 2025 | $254.26M | $96.45M | 37.9% |
| 2024 | $406.27M | $83.83M | 20.6% |
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 |
|---|---|
| 2026-05-02 | 851.98% |
| 2026-01-31 | 505.94% |
| 2025-11-01 | 30.34% |
| 2025-08-02 | 31.90% |
| 2025-05-03 | 44.05% |
| 2025-02-01 | 37.94% |
| 2024-11-02 | 50.64% |
| 2024-08-03 | 31.71% |
| 2024-05-04 | 23.00% |
| 2024-02-03 | 20.63% |
| 2023-10-28 | 10.17% |
| 2023-07-29 | 9.05% |
| 2023-04-29 | 20.89% |
| 2023-01-28 | 44.39% |
| 2022-01-29 | 163.19% |
| 2021-10-30 | 63.82% |
| 2021-07-31 | 36.58% |
| 2021-05-01 | 16.24% |
| 2021-01-30 | 30.67% |
| 2020-10-31 | 31.14% |
| 2020-08-01 | 56.39% |
| 2020-02-01 | 45.25% |
| 2019-11-02 | 48.75% |
| 2019-08-03 | 39.37% |
| 2019-05-04 | 37.48% |
| 2019-02-02 | 36.31% |
| 2018-11-03 | 34.70% |
| 2018-08-04 | 30.28% |
| 2018-05-05 | 38.94% |
| 2018-02-03 | 39.84% |
| 2017-10-28 | 55.32% |
| 2017-07-29 | 69.38% |
| 2017-04-29 | 53.58% |
| 2017-01-28 | 44.76% |
| 2016-10-29 | 42.27% |
| 2016-07-30 | 38.71% |
| 2016-04-30 | 41.62% |
| 2016-01-30 | 57.53% |
| 2015-10-31 | 45.28% |
| 2015-08-01 | 54.86% |
| 2015-05-02 | 84.93% |
| 2015-01-31 | 104.40% |
| 2014-11-01 | 732.27% |
| 2013-11-02 | 95.40% |
| 2013-08-03 | 160.26% |
| 2013-05-04 | 124.43% |
| 2013-02-02 | 106.18% |
| 2012-10-27 | 95.03% |
| 2012-07-28 | 31.16% |
| 2012-04-28 | 40.05% |
| 2012-01-28 | 74.14% |
| 2011-10-29 | 277.25% |
| 2011-07-30 | 136.17% |
| 2011-04-30 | 80.11% |
| 2011-01-29 | 62.08% |
| 2010-10-30 | 30.46% |
| 2010-07-31 | 35.75% |
| 2010-05-01 | 31.53% |
| 2010-01-30 | 32.00% |
| 2009-10-31 | 44.06% |
| 2009-08-01 | 50.61% |
| 2009-05-02 | 73.37% |
| 2009-01-31 | 223.54% |
| 2008-11-01 | 79.21% |
| 2008-08-02 | 41.51% |
| 2008-05-03 | 36.50% |
| 2008-02-02 | 37.78% |
| 2007-11-03 | 30.09% |
| 2007-08-04 | 37.10% |
| 2007-05-05 | 18.68% |
| 2007-02-03 | 11.76% |
| 2006-10-28 | 10.90% |
| 2006-07-29 | 9.33% |
| 2006-04-29 | 11.13% |
| 2006-01-28 | 10.96% |
| 2005-10-29 | 9.65% |
| 2005-07-30 | 6.59% |
| 2005-04-30 | 4.16% |
| 2005-01-29 | 1.57% |
| 2023 |
| $145.92M |
| $64.77M |
| 44.4% |
| 2022 | $69.82M | $113.94M | 163.2% |
| 2021 | $74.52M | $22.85M | 30.7% |
| 2020 | $205.06M | $92.78M | 45.2% |
| 2019 | $267.62M | $97.12M | 36.3% |
| 2018 | $224.96M | $88.55M | 39.4% |
| 2017 | $202.57M | $90.68M | 44.8% |
| 2016 | $169.03M | $97.24M | 57.5% |
| 2015 | $93.12M | $97.22M | 104.4% |
| 2014 | ($76.23M) | $72.28M | N/A (Loss) |
| 2013 | $379.99M | $403.49M | 106.2% |
| 2012 | $115.61M | $85.59M | 74.0% |
| 2011 | $318.33M | $183.17M | 57.5% |
| 2010 | $259.38M | $82.98M | 32.0% |
| 2009 | $37.98M | $82.39M | 217.0% |
| 2008 | $213.86M | $80.80M | 37.8% |
| 2007 | $523.33M | $61.52M | 11.8% |
| 2006 | $384.10M | $42.06M | 10.9% |
| 2005 | $280.84M | $8.84M | 3.1% |
| 2004 | $126.04M | $0 | 0.0% |
| 2003 | $43.33M | $0 | 0.0% |
| 2002 | $55.54M | $0 | 0.0% |
| 2001 | $62.77M | $0 | 0.0% |
| 2000 | $87.36M | $0 | 0.0% |
| 1999 | $34.91M | $0 | 0.0% |
| 1998 | $13.52M | $0 | 0.0% |
| 1997 | $8.04M | $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.
