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 49.47% is 41% below its 5-year average of 84.38%, near the low end of its 5-year range (18.44%–628.63%).
As of the fiscal period ended Tuesday, June 30, 2026. 35.55% below its 12-month average of 76.75%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 49.47%.
FCF PAYOUT RATIO
49.47%
FCF PAYOUT RATIO AVG TTM
76.75%
FCF PAYOUT RATIO AVG 3Y
50.51%
FCF PAYOUT RATIO AVG 5Y
84.38%
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
-35.55%
CURRENT VS 3Y AVG
-2.07%
CURRENT VS 5Y AVG
-41.38%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
49.5%
Earnings Payout Ratio
69.6%
Dividend Yield
7.74%
FCF Yield
76.82%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $90.86M | $44.22M | 48.7% |
| 2024 | $76.81M | $47.87M | 62.3% |
| 2023 | $131.63M | $38.19M | 29.0% |
| 2022 | $56.21M | $48.69M | 86.6% |
| 2021 | $51.80M | $68.17M | 131.6% |
| 2020 | $60.53M | $41.71M | 68.9% |
| 2019 | $22.32M | $18.11M | 81.1% |
| 2018 | $16.13M | $11.97M | 74.2% |
| 2017 | $17.20M | $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 |
|---|---|
| 2026-06-30 | 49.47% |
| 2025-06-30 | 104.03% |
| 2025-03-31 | 82.71% |
| 2024-12-31 | 62.78% |
| 2024-09-30 | 53.32% |
| 2024-06-30 | 54.17% |
| 2024-03-31 | 34.74% |
| 2023-12-31 | 25.81% |
| 2023-09-30 | 19.63% |
| 2023-06-30 | 18.44% |
| 2023-03-31 | 35.25% |
| 2022-12-31 | 85.14% |
| 2022-09-30 | 281.67% |
| 2022-06-30 | 628.63% |
| 2022-03-31 | 237.89% |
| 2021-12-31 | 131.22% |
| 2021-09-30 | 239.84% |
| 2021-06-30 | 115.61% |
| 2021-03-31 | 93.13% |
| 2020-12-31 | 76.35% |
| 2020-09-30 | 27.54% |
| 2020-06-30 | 56.03% |
| 2019-03-31 | 88.59% |
| 2018-12-31 | 74.29% |
