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 2.63% is 99% below its 2-year average of 312.30%, near the low end of its 2-year range (2.25%–932.01%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.79% above its 12-month average of 2.44%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 2.63%.
FCF PAYOUT RATIO
2.63%
FCF PAYOUT RATIO AVG TTM
2.44%
FCF PAYOUT RATIO AVG 3Y
312.30%
FCF PAYOUT RATIO AVG 5Y
312.30%
FCF PAYOUT RATIO AVG 10Y
190.28%
FCF PAYOUT RATIO AVG 15Y
11.68%
FCF PAYOUT RATIO AVG 20Y
24.79%
CURRENT VS TTM AVG
+7.79%
CURRENT VS 3Y AVG
-99.16%
CURRENT VS 5Y AVG
-99.16%
CURRENT VS 10Y AVG
-98.62%
CURRENT VS 15Y AVG
-77.45%
CURRENT VS 20Y AVG
-89.37%
FCF Payout Ratio TTM
2.6%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
58.94%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $71.30M | $2.19M | 3.1% |
| 2024 | ($34.68M) | $22.43M | N/A (Loss) |
| 2023 | ($1.77M) | $0 | N/A (Loss) |
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 | 2.63% |
| 2026-03-31 | 2.25% |
| 2024-09-30 | 932.01% |
| 2017-09-30 | 5.41% |
| 2017-06-30 | 9.07% |
| 2015-09-30 | 16.64% |
| 2015-06-30 | 33.02% |
| 2015-03-31 | 23.65% |
| 2014-12-31 | 32.69% |
| 2014-09-30 | 143.68% |
| 2014-06-30 | 2.60% |
| 2012-06-30 | 8.38% |
| 2012-03-31 | 2.27% |
| 2011-09-30 | 2.90% |
| 2011-06-30 | 10.33% |
| 2010-12-31 | 34.88% |
| 2010-09-30 | 38.45% |
| 2010-06-30 | 28.02% |
| 2010-03-31 | 12.10% |
| 2009-12-31 | 24.38% |
| 2009-09-30 | 42.48% |
| 2009-06-30 | 57.86% |
| 2009-03-31 | 104.44% |
| 2008-12-31 | 283.74% |
| 2007-09-30 | 168.69% |
| 2007-06-30 | 50.86% |
| 2006-03-31 | 5.92% |
| 2005-12-31 | 51.90% |
| 2005-09-30 | 6.99% |
| 2004-06-30 | 43.68% |
| 2022 |
| $27.54M |
| $0 |
| 0.0% |
| 2021 | $18.37M | $0 | 0.0% |
| 2020 | $40.86M | $0.09M | 0.2% |
| 2019 | ($5.61M) | $0 | N/A (Loss) |
| 2018 | ($13.43M) | $0 | N/A (Loss) |
| 2017 | $22.86M | $0 | 0.0% |
| 2016 | ($27.92M) | $0.54M | N/A (Loss) |
| 2015 | ($3.41M) | $0.25M | N/A (Loss) |
| 2014 | $26.28M | $4.29M | 16.3% |
| 2013 | ($2.00M) | $0.07M | N/A (Loss) |
| 2012 | ($2.87M) | $0 | N/A (Loss) |
| 2011 | $18.88M | $0 | 0.0% |
| 2010 | $10.36M | $3.61M | 34.9% |
| 2009 | $17.13M | $4.18M | 24.4% |
| 2008 | $4.00M | $6.20M | 154.8% |
| 2007 | ($2.95M) | $6.31M | N/A (Loss) |
| 2006 | $0.42M | $0 | 0.0% |
| 2005 | $2.31M | $1.20M | 51.9% |
| 2004 | $3.50M | $4.47M | 127.6% |
| 2003 | ($4.59M) | $2.65M | N/A (Loss) |
| 2002 | ($8.81M) | $0 | N/A (Loss) |
| 2001 | $0.00M | $0 | 0.0% |
| 2000 | ($0.00M) | $0 | N/A (Loss) |
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.
