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 83.70% is 30% above its 1-year average of 64.49%, around the middle of its 1-year range (1.93%–162.83%).
As of the fiscal period ended Thursday, June 30, 2022. 5.36% below its 12-month average of 88.44%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
83.70%
FCF PAYOUT RATIO AVG TTM
88.44%
FCF PAYOUT RATIO AVG 3Y
N/A
FCF PAYOUT RATIO AVG 5Y
N/A
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
-5.36%
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
83.7%
Earnings Payout Ratio
33.3%
Dividend Yield
0.70%
FCF Yield
2.83%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $69.30M | $0 | 0.0% |
| 2024 | ($76.71M) | $0 | N/A (Loss) |
| 2023 | ($9.02M) | $0 | N/A (Loss) |
| 2022 | ($38.05M) | $10.35M | N/A (Loss) |
| 2021 | $7.17M | $11.39M | 158.7% |
| 2020 | $73.58M | $1.48M | 2.0% |
| 2019 | $61.67M | $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.
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 |
|---|---|
| 2022-06-30 | 83.70% |
| 2022-03-31 | 76.20% |
| 2021-12-31 | 162.83% |
| 2021-09-30 | 107.94% |
| 2021-06-30 | 11.53% |
| 2021-03-31 | 7.32% |
| 2020-12-31 | 1.93% |
| 2018 |
| $44.14M |
| $0 |
| 0.0% |
| 2017 | $25.56M | $0 | 0.0% |
| 2016 | $16.56M | $0 | 0.0% |
| 2015 | $20.30M | $0 | 0.0% |
| 2014 | ($21.38M) | $0 | N/A (Loss) |
| 2013 | ($28.98M) | $0 | N/A (Loss) |
| 2012 | ($46.22M) | $0 | N/A (Loss) |
| 2011 | ($75.60M) | $0 | N/A (Loss) |
| 2010 | ($0.21M) | $0 | N/A (Loss) |
| 2010 | ($8.56M) | $0 | N/A (Loss) |
| 2009 | ($0.56M) | $0 | N/A (Loss) |
| 2008 | ($0.01M) | $0 | N/A (Loss) |
| 2007 | ($0.02M) | $0 | N/A (Loss) |
| 2006 | ($0.03M) | $0 | N/A (Loss) |
| 2005 | $2.58M | $0 | 0.0% |
| 2004 | $2.57M | $0 | 0.0% |
| 2003 | ($0.02M) | $0 | N/A (Loss) |
| 2002 | $0.01M | $0 | 0.0% |
