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 18.11% is 32% below its 5-year average of 26.52%, near the low end of its 5-year range (13.13%–90.26%).
As of the fiscal period ended Saturday, May 30, 2026. 39.42% below its 12-month average of 29.90%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q1 FY2027 (2026-05-30): 18.11%.
FCF PAYOUT RATIO
18.11%
FCF PAYOUT RATIO AVG TTM
29.90%
FCF PAYOUT RATIO AVG 3Y
23.27%
FCF PAYOUT RATIO AVG 5Y
26.52%
FCF PAYOUT RATIO AVG 10Y
25.51%
FCF PAYOUT RATIO AVG 15Y
27.79%
FCF PAYOUT RATIO AVG 20Y
27.45%
CURRENT VS TTM AVG
-39.42%
CURRENT VS 3Y AVG
-22.16%
CURRENT VS 5Y AVG
-31.70%
CURRENT VS 10Y AVG
-29.00%
CURRENT VS 15Y AVG
-34.81%
CURRENT VS 20Y AVG
-34.02%
FCF Payout Ratio TTM
18.1%
Earnings Payout Ratio
33.5%
Dividend Yield
3.00%
FCF Yield
16.56%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $95.16M | $22.22M | 23.3% |
| 2025 | $89.57M | $21.74M | 24.3% |
| 2024 | $160.97M | $21.13M | 13.1% |
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 |
|---|---|
| 2026-05-30 | 18.11% |
| 2026-02-28 | 23.35% |
| 2025-11-29 | 32.72% |
| 2025-08-30 | 33.00% |
| 2025-05-31 | 42.33% |
| 2025-03-01 | 30.31% |
| 2024-11-30 | 20.98% |
| 2024-08-31 | 16.61% |
| 2024-06-01 | 14.66% |
| 2024-03-02 | 13.13% |
| 2023-11-25 | 16.52% |
| 2023-08-26 | 17.56% |
| 2023-05-27 | 18.81% |
| 2023-02-25 | 34.20% |
| 2022-11-26 | 51.12% |
| 2022-08-27 | 90.26% |
| 2022-05-28 | 49.00% |
| 2022-02-26 | 25.77% |
| 2021-11-27 | 23.51% |
| 2021-08-28 | 22.28% |
| 2021-05-29 | 19.28% |
| 2021-02-27 | 16.94% |
| 2020-11-28 | 13.25% |
| 2020-08-29 | 14.63% |
| 2020-05-30 | 20.61% |
| 2020-02-29 | 33.52% |
| 2019-11-30 | 162.87% |
| 2019-08-31 | 251.26% |
| 2019-03-02 | 50.03% |
| 2018-12-01 | 21.06% |
| 2018-09-01 | 20.55% |
| 2018-06-02 | 17.57% |
| 2018-03-03 | 22.12% |
| 2017-12-02 | 29.40% |
| 2017-09-02 | 27.18% |
| 2017-06-03 | 22.91% |
| 2017-03-04 | 27.73% |
| 2016-11-26 | 29.40% |
| 2016-08-27 | 28.37% |
| 2016-05-28 | 26.41% |
| 2016-02-27 | 16.09% |
| 2015-11-28 | 15.58% |
| 2015-08-29 | 15.52% |
| 2015-05-30 | 20.02% |
| 2015-02-28 | 29.20% |
| 2014-11-29 | 291.43% |
| 2014-08-30 | 110.26% |
| 2014-05-31 | 154.80% |
| 2014-03-01 | 97.24% |
| 2013-11-30 | 34.95% |
| 2013-08-31 | 67.93% |
| 2013-06-01 | 53.06% |
| 2013-03-02 | 170.88% |
| 2012-12-01 | 32.62% |
| 2012-09-01 | 31.30% |
| 2012-06-02 | 31.25% |
| 2012-03-03 | 46.25% |
| 2011-11-26 | 660.19% |
| 2011-08-27 | 50.81% |
| 2011-05-28 | 61.07% |
| 2011-02-26 | 117.92% |
| 2010-11-27 | 67.94% |
| 2010-08-28 | 24.53% |
| 2010-05-29 | 13.08% |
| 2010-02-27 | 7.82% |
| 2009-11-28 | 6.44% |
| 2009-08-29 | 7.74% |
| 2009-05-30 | 8.39% |
| 2009-02-28 | 11.04% |
| 2008-11-29 | 15.55% |
| 2008-08-30 | 28.27% |
| 2008-05-31 | 22.68% |
| 2008-03-01 | 20.00% |
| 2007-12-01 | 18.80% |
| 2007-09-01 | 18.81% |
| 2007-06-02 | 102.96% |
| 2007-03-03 | 137.04% |
| 2006-06-03 | 854.27% |
| 2006-02-25 | 143.98% |
| 2005-08-27 | 45.83% |
| 2005-05-28 | 251.52% |
| 2005-02-26 | 40.71% |
| 2004-11-27 | 39.29% |
| 2004-08-28 | 140.86% |
| 2004-05-29 | 39.93% |
| 2004-02-28 | 112.17% |
| 2003-11-29 | 104.36% |
| 2003-08-30 | 40.75% |
| 2003-05-31 | 25.98% |
| 2023 |
| $57.52M |
| $19.67M |
| 34.2% |
| 2022 | $78.63M | $20.27M | 25.8% |
| 2021 | $115.70M | $19.60M | 16.9% |
| 2020 | $55.83M | $18.71M | 33.5% |
| 2019 | $35.71M | $17.86M | 50.0% |
| 2018 | $74.11M | $16.39M | 22.1% |
| 2017 | $52.89M | $14.67M | 27.7% |
| 2016 | $81.91M | $13.18M | 16.1% |
| 2015 | $41.34M | $12.07M | 29.2% |
| 2014 | $11.07M | $10.76M | 97.2% |
| 2013 | $6.04M | $10.32M | 170.9% |
| 2012 | $14.84M | $9.15M | 61.7% |
| 2011 | ($17.58M) | $9.16M | N/A (Loss) |
| 2010 | $87.00M | $9.11M | 10.5% |
| 2009 | $60.54M | $8.80M | 14.5% |
| 2008 | $31.16M | $8.19M | 26.3% |
| 2007 | $6.79M | $9.31M | 137.0% |
| 2006 | $4.85M | $6.99M | 144.0% |
| 2005 | $16.45M | $6.70M | 40.7% |
| 2004 | $5.75M | $6.45M | 112.2% |
| 2003 | $29.88M | $6.25M | 20.9% |
| 2002 | $41.68M | $6.08M | 14.6% |
| 2001 | $46.79M | $5.83M | 12.5% |
| 2000 | ($0.19M) | $5.83M | N/A (Loss) |
| 1999 | ($2.30M) | $5.70M | N/A (Loss) |
| 1998 | ($5.00M) | $5.30M | N/A (Loss) |
| 1997 | $6.00M | $4.80M | 80.0% |
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.
