Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
The FCF payout ratio is N/A as of the fiscal period ended Tuesday, March 31, 2026.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-03-31): 12.09%.
FCF PAYOUT RATIO
N/A
FCF PAYOUT RATIO AVG TTM
14.62%
FCF PAYOUT RATIO AVG 3Y
14.62%
FCF PAYOUT RATIO AVG 5Y
14.62%
FCF PAYOUT RATIO AVG 10Y
13.91%
FCF PAYOUT RATIO AVG 15Y
16.37%
FCF PAYOUT RATIO AVG 20Y
35.72%
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
N/A
Earnings Payout Ratio
95.2%
Dividend Yield
0.52%
FCF Yield
N/A
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $14.62M | $1.53M | 10.5% |
| 2024 | ($48.37M) | $1.52M | N/A (Loss) |
| 2023 | ($22.91M) | $4.93M | N/A (Loss) |
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 |
|---|---|
| 2026-03-31 | 12.09% |
| 2025-12-31 | 7.93% |
| 2025-09-30 | 10.45% |
| 2025-06-30 | 28.02% |
| 2020-06-30 | 38.21% |
| 2020-03-31 | 5.99% |
| 2019-12-31 | 5.23% |
| 2019-09-30 | 6.38% |
| 2019-06-30 | 7.30% |
| 2019-03-31 | 31.37% |
| 2018-09-30 | 86.80% |
| 2018-06-30 | 139.19% |
| 2018-03-31 | 13.21% |
| 2017-12-31 | 9.26% |
| 2017-09-30 | 13.36% |
| 2017-06-30 | 23.62% |
| 2017-03-31 | 96.89% |
| 2016-12-31 | 14.17% |
| 2016-09-30 | 12.42% |
| 2016-06-30 | 6.48% |
| 2016-03-31 | 4.98% |
| 2015-12-31 | 26.15% |
| 2015-09-30 | 43.91% |
| 2015-06-30 | 20.86% |
| 2014-12-31 | 65.03% |
| 2014-09-30 | 19.39% |
| 2014-06-30 | 442.72% |
| 2012-09-30 | 22.87% |
| 2012-06-30 | 7.55% |
| 2012-03-31 | 13.97% |
| 2011-12-31 | 20.27% |
| 2011-09-30 | 16.44% |
| 2011-03-31 | 67.29% |
| 2010-12-31 | 74.19% |
| 2010-06-30 | 69.95% |
| 2010-03-31 | 96.27% |
| 2009-12-31 | 50.64% |
| 2009-09-30 | 62.82% |
| 2008-09-30 | 106.57% |
| 2004-11-30 | 1.05% |
| 2004-08-31 | 66.69% |
| 2004-05-31 | 78.66% |
| 2004-02-29 | 60.99% |
| 2003-11-30 | 108.78% |
| 2003-08-31 | 63.17% |
| 2003-05-31 | 54.02% |
| 2022 |
| ($14.21M) |
| $15.10M |
| N/A (Loss) |
| 2021 | ($5.75M) | $7.14M | N/A (Loss) |
| 2020 | ($21.11M) | $2.47M | N/A (Loss) |
| 2019 | $28.72M | $1.83M | 6.4% |
| 2018 | $2.27M | $1.97M | 86.8% |
| 2017 | $14.88M | $1.99M | 13.4% |
| 2016 | $16.05M | $1.99M | 12.4% |
| 2015 | $21.92M | $1.88M | 8.6% |
| 2014 | $14.34M | $2.78M | 19.4% |
| 2013 | ($8.00M) | $2.05M | N/A (Loss) |
| 2012 | $7.71M | $1.76M | 22.9% |
| 2011 | $4.48M | $0.74M | 16.4% |
| 2010 | ($1.09M) | $1.01M | N/A (Loss) |
| 2009 | $9.70M | $6.09M | 62.8% |
| 2008 | $7.64M | $8.14M | 106.6% |
| 2007 | ($62.06M) | $8.11M | N/A (Loss) |
| 2006 | ($23.68M) | $7.37M | N/A (Loss) |
| 2005 | ($0.82M) | $7.37M | N/A (Loss) |
| 2004 | $6.43M | $4.28M | 66.6% |
| 2003 | $3.93M | $2.48M | 63.1% |
| 2002 | ($9.52M) | $7.06M | N/A (Loss) |
| 2001 | ($0.09M) | $7.03M | N/A (Loss) |
| 2000 | ($7.45M) | $2.11M | N/A (Loss) |
| 1999 | ($24.20M) | $3.50M | N/A (Loss) |
| 1998 | ($8.20M) | $4.20M | N/A (Loss) |
| 1997 | ($4.50M) | $1.10M | N/A (Loss) |
| 1996 | ($3.10M) | $2.50M | N/A (Loss) |
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.
