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 0.03% is 100% below its 5-year average of 56.62%, near the low end of its 5-year range (0.03%–127.14%).
As of the fiscal period ended Wednesday, September 30, 2020. 14.56% below its 12-month average of 0.03%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
0.03%
FCF PAYOUT RATIO AVG TTM
0.03%
FCF PAYOUT RATIO AVG 3Y
0.03%
FCF PAYOUT RATIO AVG 5Y
56.62%
FCF PAYOUT RATIO AVG 10Y
65.50%
FCF PAYOUT RATIO AVG 15Y
52.27%
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-14.56%
CURRENT VS 3Y AVG
-14.56%
CURRENT VS 5Y AVG
-99.95%
CURRENT VS 10Y AVG
-99.96%
CURRENT VS 15Y AVG
-99.95%
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
0.0%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
N/A
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | ($8.06M) | $0 | N/A (Loss) |
| 2024 | $5.83M | $0 | 0.0% |
| 2023 | ($24.13M) | $0 | 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 |
|---|---|
| 2020-09-30 | 0.03% |
| 2020-06-30 | 0.04% |
| 2016-03-31 | 127.14% |
| 2015-12-31 | 67.69% |
| 2015-09-30 | 88.19% |
| 2015-06-30 | 66.64% |
| 2015-03-31 | 76.52% |
| 2014-12-31 | 112.35% |
| 2014-09-30 | 110.74% |
| 2014-06-30 | 120.57% |
| 2014-03-31 | 44.16% |
| 2013-12-31 | 28.71% |
| 2013-09-30 | 26.85% |
| 2013-06-30 | 33.09% |
| 2013-03-31 | 61.13% |
| 2012-12-31 | 47.17% |
| 2012-06-30 | 106.82% |
| 2012-03-31 | 54.71% |
| 2011-12-31 | 114.17% |
| 2011-09-30 | 30.46% |
| 2011-06-30 | 35.28% |
| 2011-03-31 | 61.15% |
| 2010-12-31 | 92.81% |
| 2009-09-30 | 33.23% |
| 2009-06-30 | 26.49% |
| 2009-03-31 | 22.42% |
| 2008-12-31 | 29.43% |
| 2008-09-30 | 60.29% |
| 2008-07-31 | 68.24% |
| 2008-03-31 | 44.15% |
| 2007-12-31 | 35.81% |
| 2007-09-30 | 16.27% |
| 2007-06-30 | 20.63% |
| 2007-03-31 | 23.09% |
| 2006-12-31 | 20.80% |
| 2006-09-30 | 22.26% |
| 2006-06-30 | 18.68% |
| 2006-03-31 | 26.75% |
| 2005-12-31 | 63.78% |
| 2004-12-31 | 171.87% |
| 2003-09-30 | 45.04% |
| 2003-06-30 | 31.10% |
| 2003-03-31 | 40.05% |
| 2022 |
| ($43.90M) |
| $0 |
| N/A (Loss) |
| 2021 | ($31.10M) | $0 | N/A (Loss) |
| 2020 | $25.17M | $0 | 0.0% |
| 2019 | ($18.06M) | $0 | N/A (Loss) |
| 2018 | ($16.44M) | $0.04M | N/A (Loss) |
| 2017 | ($30.74M) | $2.24M | N/A (Loss) |
| 2016 | ($16.20M) | $5.21M | N/A (Loss) |
| 2015 | $11.10M | $7.51M | 67.7% |
| 2014 | $6.67M | $7.49M | 112.3% |
| 2013 | $25.97M | $7.46M | 28.7% |
| 2012 | $15.78M | $7.44M | 47.2% |
| 2011 | $6.51M | $7.43M | 114.2% |
| 2010 | $7.95M | $7.38M | 92.8% |
| 2009 | $0.43M | $7.34M | n/m |
| 2008 | $23.86M | $7.02M | 29.4% |
| 2007 | $15.40M | $5.51M | 35.8% |
| 2006 | $18.88M | $3.93M | 20.8% |
| 2005 | $6.12M | $3.88M | 63.4% |
| 2004 | $2.26M | $3.88M | 171.9% |
| 2003 | ($4.42M) | $3.85M | N/A (Loss) |
| 2002 | $15.73M | $3.85M | 24.5% |
| 2001 | $0.47M | $3.84M | 817.4% |
| 2000 | $2.63M | $3.84M | 146.3% |
| 1999 | ($15.90M) | $3.80M | N/A (Loss) |
| 1998 | $12.70M | $3.40M | 26.8% |
| 1997 | ($0.90M) | $3.30M | N/A (Loss) |
| 1996 | $8.90M | $1.40M | 15.7% |
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.
