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 8.23% is 78% below its 4-year average of 36.97%, near the low end of its 4-year range (4.78%–215.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 71.11% below its 12-month average of 28.50%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 8.23%.
FCF PAYOUT RATIO
8.23%
FCF PAYOUT RATIO AVG TTM
28.50%
FCF PAYOUT RATIO AVG 3Y
82.08%
FCF PAYOUT RATIO AVG 5Y
36.97%
FCF PAYOUT RATIO AVG 10Y
32.38%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-71.11%
CURRENT VS 3Y AVG
-89.97%
CURRENT VS 5Y AVG
-77.73%
CURRENT VS 10Y AVG
-74.57%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
8.2%
Earnings Payout Ratio
309.7%
Dividend Yield
11.59%
FCF Yield
21.86%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $96.77M | $38.27M | 39.5% |
| 2024 | $7.39M | $82.57M | n/m |
| 2023 | $250.19M | $83.74M | 33.5% |
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 | 8.23% |
| 2026-03-29 | 21.41% |
| 2025-12-28 | 39.54% |
| 2025-09-28 | 44.83% |
| 2025-06-29 | 95.69% |
| 2025-03-30 | 161.32% |
| 2024-12-29 | 215.33% |
| 2024-09-29 | 187.08% |
| 2024-06-30 | 73.96% |
| 2024-03-31 | 57.81% |
| 2023-12-31 | 33.47% |
| 2023-09-24 | 46.30% |
| 2023-06-25 | 38.27% |
| 2023-03-26 | 30.70% |
| 2022-12-31 | 29.05% |
| 2022-09-25 | 17.34% |
| 2022-06-26 | 13.16% |
| 2022-03-27 | 4.78% |
| 2020-12-31 | 34.27% |
| 2020-09-27 | 32.62% |
| 2020-06-28 | 73.38% |
| 2020-03-29 | 39.86% |
| 2019-12-31 | 22.95% |
| 2019-09-29 | 26.25% |
| 2019-06-30 | 28.19% |
| 2019-03-31 | 29.42% |
| 2018-12-31 | 41.72% |
| 2018-09-30 | 27.42% |
| 2018-07-01 | 35.26% |
| 2018-04-01 | 42.24% |
| 2017-12-31 | 20.88% |
| 2017-09-24 | 38.26% |
| 2017-06-25 | 61.97% |
| 2017-03-26 | 44.34% |
| 2016-12-31 | 39.22% |
| 2016-09-25 | 21.55% |
| 2016-06-26 | 15.36% |
| 2016-03-27 | 13.34% |
| 2015-12-31 | 15.67% |
| 2015-09-27 | 28.45% |
| 2015-06-28 | 26.44% |
| 2015-03-29 | 27.72% |
| 2014-12-31 | 32.82% |
| 2014-09-28 | 45.75% |
| 2014-06-29 | 53.00% |
| 2014-03-30 | 46.09% |
| 2013-12-31 | 53.78% |
| 2022 |
| $171.23M |
| $49.74M |
| 29.0% |
| 2021 | $279.63M | $0 | 0.0% |
| 2020 | $51.01M | $17.48M | 34.3% |
| 2019 | $155.68M | $35.73M | 23.0% |
| 2018 | $79.85M | $33.31M | 41.7% |
| 2017 | $148.41M | $30.99M | 20.9% |
| 2016 | $80.00M | $31.38M | 39.2% |
| 2015 | $187.17M | $29.33M | 15.7% |
| 2014 | $114.14M | $0 | 0.0% |
| 2013 | $140.05M | $0 | 0.0% |
| 2012 | $161.37M | $0 | 0.0% |
| 2011 | $201.54M | $0 | 0.0% |
| 2010 | $214.68M | $0 | 0.0% |
| 2009 | $138.01M | $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.
