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 43.44% is 62% below its 5-year average of 113.84%, near the low end of its 5-year range (10.81%–691.39%).
As of the fiscal period ended Tuesday, June 30, 2026. 52.46% above its 12-month average of 28.49%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 43.44%.
FCF PAYOUT RATIO
43.44%
FCF PAYOUT RATIO AVG TTM
28.49%
FCF PAYOUT RATIO AVG 3Y
73.36%
FCF PAYOUT RATIO AVG 5Y
113.84%
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
+52.46%
CURRENT VS 3Y AVG
-40.79%
CURRENT VS 5Y AVG
-61.84%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
43.4%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
25.00%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $20.53M | $6.29M | 30.7% |
| 2024 | $18.95M | $0 | 0.0% |
| 2023 | $3.85M | $14.30M | 371.6% |
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 | 43.44% |
| 2026-03-31 | 30.66% |
| 2025-12-31 | 28.10% |
| 2025-09-30 | 23.32% |
| 2025-06-30 | 16.95% |
| 2025-03-31 | 10.81% |
| 2024-09-30 | 22.26% |
| 2024-06-30 | 88.22% |
| 2024-03-31 | 129.31% |
| 2023-12-31 | 371.62% |
| 2023-09-30 | 267.57% |
| 2023-06-30 | 146.37% |
| 2023-03-31 | 162.35% |
| 2022-12-31 | 109.78% |
| 2022-09-30 | 112.96% |
| 2022-06-30 | 146.60% |
| 2022-03-31 | 224.95% |
| 2021-12-31 | 521.19% |
| 2021-09-30 | 691.39% |
| 2019-12-31 | 120.74% |
| 2019-09-30 | 111.33% |
| 2019-06-30 | 81.02% |
| 2019-03-31 | 84.43% |
| 2018-12-31 | 70.92% |
| 2018-09-30 | 63.18% |
| 2018-06-30 | 126.26% |
| 2018-03-31 | 175.23% |
| 2022 |
| $9.38M |
| $15.31M |
| 163.2% |
| 2021 | $2.77M | $14.44M | 521.2% |
| 2020 | ($8.64M) | $11.38M | N/A (Loss) |
| 2019 | $5.06M | $6.11M | 120.7% |
| 2018 | $5.78M | $4.10M | 70.9% |
| 2017 | ($0.42M) | $1.49M | N/A (Loss) |
| 2016 | ($1.36M) | $0.71M | N/A (Loss) |
| 2015 | ($2.30M) | $0.05M | N/A (Loss) |
| 2014 | ($3.82M) | $0 | N/A (Loss) |
| 2013 | $0.64M | $0 | 0.0% |
| 2012 | $0.56M | $0 | 0.0% |
| 2011 | $0.20M | $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.
