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 121.56% is 11% below its 5-year average of 135.90%, near the low end of its 5-year range (0.56%–542.83%).
As of the fiscal period ended Tuesday, June 30, 2026. 23.74% above its 12-month average of 98.24%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 121.56%.
FCF PAYOUT RATIO
121.56%
FCF PAYOUT RATIO AVG TTM
98.24%
FCF PAYOUT RATIO AVG 3Y
162.32%
FCF PAYOUT RATIO AVG 5Y
135.90%
FCF PAYOUT RATIO AVG 10Y
N/A
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+23.74%
CURRENT VS 3Y AVG
-25.11%
CURRENT VS 5Y AVG
-10.55%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
121.6%
Earnings Payout Ratio
70.6%
Dividend Yield
3.46%
FCF Yield
2.86%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $58.98M | $0.36M | 0.6% |
| 2024 | $39.74M | $70.25M | 176.8% |
| 2023 | $75.24M | $0 | 0.0% |
| 2022 | $21.80M | $0 | 0.0% |
| 2021 | $98.37M | $61.91M | 62.9% |
| 2020 | $135.25M | $8.55M |
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.
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 |
|---|---|
| 2026-06-30 | 121.56% |
| 2026-03-31 | 367.64% |
| 2025-12-31 | 0.61% |
| 2025-09-30 | 0.56% |
| 2025-06-30 | 0.83% |
| 2025-03-31 | 147.67% |
| 2024-12-31 | 176.79% |
| 2024-09-30 | 542.83% |
| 2024-06-30 | 102.41% |
| 2021-09-30 | 16.14% |
| 2021-06-30 | 17.84% |
| 2021-03-31 | 18.20% |
| 2020-12-31 | 23.48% |
| 6.3% |
| 2019 | $10.16M | $0 | 0.0% |
