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 85.18% is 60% below its 5-year average of 214.49%, near the low end of its 5-year range (76.93%–657.72%).
As of the fiscal period ended Saturday, August 29, 2026. 33.04% below its 12-month average of 127.21%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q3 FY2026 (2026-08-29): 85.18%.
FCF PAYOUT RATIO
85.18%
FCF PAYOUT RATIO AVG TTM
127.21%
FCF PAYOUT RATIO AVG 3Y
160.69%
FCF PAYOUT RATIO AVG 5Y
214.49%
FCF PAYOUT RATIO AVG 10Y
74.56%
FCF PAYOUT RATIO AVG 15Y
52.77%
FCF PAYOUT RATIO AVG 20Y
52.23%
CURRENT VS TTM AVG
-33.04%
CURRENT VS 3Y AVG
-46.99%
CURRENT VS 5Y AVG
-60.29%
CURRENT VS 10Y AVG
+14.24%
CURRENT VS 15Y AVG
+61.42%
CURRENT VS 20Y AVG
+63.07%
FCF Payout Ratio TTM
85.2%
Earnings Payout Ratio
102.6%
Dividend Yield
3.82%
FCF Yield
4.47%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $8.96M | $6.94M | 77.4% |
| 2024 | ($1.16M) | $6.65M | N/A (Loss) |
| 2023 | $1.24M | $5.98M | 484.4% |
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 |
|---|---|
| 2026-08-29 | 85.18% |
| 2026-05-30 | 189.88% |
| 2026-02-28 | 195.19% |
| 2025-11-29 | 77.44% |
| 2025-08-30 | 88.36% |
| 2025-05-31 | 76.93% |
| 2025-03-01 | 88.15% |
| 2023-11-25 | 484.37% |
| 2023-08-26 | 657.72% |
| 2021-11-27 | 201.65% |
| 2021-08-28 | 34.50% |
| 2021-05-29 | 17.63% |
| 2021-02-27 | 16.96% |
| 2020-11-28 | 14.84% |
| 2020-08-29 | 22.42% |
| 2020-05-30 | 176.29% |
| 2020-02-29 | 71.49% |
| 2019-06-01 | 541.99% |
| 2018-11-24 | 84.64% |
| 2018-08-25 | 56.10% |
| 2018-05-26 | 66.65% |
| 2018-02-24 | 43.95% |
| 2017-11-25 | 36.99% |
| 2017-08-26 | 35.54% |
| 2017-05-27 | 35.87% |
| 2017-02-25 | 36.95% |
| 2016-11-26 | 35.94% |
| 2016-08-27 | 33.81% |
| 2016-05-28 | 43.75% |
| 2016-02-27 | 35.14% |
| 2015-11-28 | 31.40% |
| 2015-08-29 | 62.97% |
| 2015-05-30 | 46.90% |
| 2015-02-28 | 60.21% |
| 2014-11-29 | 43.03% |
| 2014-08-30 | 56.19% |
| 2013-03-02 | 181.91% |
| 2012-08-25 | 143.10% |
| 2009-11-28 | 36.21% |
| 2005-11-26 | 938.61% |
| 2004-05-29 | 60.20% |
| 2004-02-28 | 38.44% |
| 2003-11-29 | 56.66% |
| 2003-08-30 | 153.48% |
| 2022 |
| ($24.27M) |
| $20.16M |
| N/A (Loss) |
| 2021 | $3.81M | $7.69M | 201.7% |
| 2020 | $30.65M | $4.54M | 14.8% |
| 2019 | ($7.57M) | $5.13M | N/A (Loss) |
| 2018 | $10.40M | $8.80M | 84.6% |
| 2017 | $20.88M | $7.72M | 37.0% |
| 2016 | $17.56M | $6.31M | 35.9% |
| 2015 | $18.42M | $5.79M | 31.4% |
| 2014 | $11.98M | $5.16M | 43.0% |
| 2013 | ($3.66M) | $2.94M | N/A (Loss) |
| 2012 | ($1.04M) | $21.44M | N/A (Loss) |
| 2011 | ($9.60M) | $0.69M | N/A (Loss) |
| 2010 | $5.78M | $4.00B | n/m |
| 2009 | $3.15M | $1.14M | 36.2% |
| 2008 | ($23.66M) | $18.68M | N/A (Loss) |
| 2007 | ($14.01M) | $9.45M | N/A (Loss) |
| 2006 | ($12.06M) | $9.45M | N/A (Loss) |
| 2005 | $1.00M | $9.43M | 938.6% |
| 2004 | ($16.56M) | $9.36M | N/A (Loss) |
| 2003 | $16.35M | $9.26M | 56.7% |
| 2002 | $2.22M | $9.36M | 422.1% |
| 2001 | $9.95M | $9.38M | 94.2% |
| 2000 | ($22.65M) | $9.50M | N/A (Loss) |
| 1999 | ($31.10M) | $10.00M | N/A (Loss) |
| 1998 | ($18.10M) | $10.40M | N/A (Loss) |
| 1997 | $10.50M | $13.00M | 123.8% |
| 1996 | $15.90M | $10.60M | 66.7% |
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.
