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 25.46% is 61% below its 2-year average of 64.92%, near the low end of its 2-year range (23.22%–130.56%).
As of the fiscal period ended Wednesday, September 30, 2020. 53.43% below its 12-month average of 54.67%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
25.46%
FCF PAYOUT RATIO AVG TTM
54.67%
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
-53.43%
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
25.5%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
0.96%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $127.47M | $0 | 0.0% |
| 2024 | $112.14M | $60.05M | 53.5% |
| 2023 | $71.23M | $0 | 0.0% |
| 2022 | $49.60M | $0 | 0.0% |
| 2021 | $56.89M | $0 | 0.0% |
| 2020 | $23.34M | $0 | 0.0% |
| 2019 | $23.37M | $6.55M | 28.0% |
| 2018 |
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 |
|---|---|
| 2020-09-30 | 25.46% |
| 2020-06-30 | 23.22% |
| 2019-12-31 | 74.32% |
| 2019-09-30 | 95.68% |
| 2019-06-30 | 40.28% |
| 2018-06-30 | 130.56% |
| $14.55M |
| $5.06M |
| 34.8% |
| 2017 | ($1.50M) | $5.00M | N/A (Loss) |
| 2016 | ($18.64M) | $0 | N/A (Loss) |
| 2015 | ($0.48M) | $0 | N/A (Loss) |
| 2014 | $5.39M | $0 | 0.0% |
| 2013 | $2.80M | $0 | 0.0% |
| 2012 | $1.92M | $0 | 0.0% |
| 2011 | $8.25M | $0 | 0.0% |
| 2010 | ($1.93M) | $0 | N/A (Loss) |
| 2009 | $3.53M | $0 | 0.0% |
| 2008 | ($4.27M) | $0 | N/A (Loss) |
| 2007 | ($4.69M) | $0 | N/A (Loss) |
| 2006 | ($0.94M) | $0 | N/A (Loss) |
| 2005 | ($1.02M) | $0 | N/A (Loss) |
| 2004 | ($2.63M) | $0 | N/A (Loss) |
| 2003 | ($3.27M) | $0 | N/A (Loss) |
| 2002 | ($7.90M) | $0 | N/A (Loss) |
| 2001 | ($16.86M) | $0 | N/A (Loss) |
| 2000 | $8.25M | $0 | 0.0% |
| 1999 | ($1.81M) | $0 | N/A (Loss) |
