Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
The FCF payout ratio is 39.01% as of the fiscal period ended Tuesday, March 31, 2026.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
39.01%
FCF PAYOUT RATIO AVG TTM
N/A
FCF PAYOUT RATIO AVG 3Y
N/A
FCF PAYOUT RATIO AVG 5Y
N/A
FCF PAYOUT RATIO AVG 10Y
20.62%
FCF PAYOUT RATIO AVG 15Y
23.64%
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
+89.14%
CURRENT VS 15Y AVG
+65.03%
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
39.0%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
0.16%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | ($5.48M) | $0 | N/A (Loss) |
| 2024 | $7.46M | $0 | 0.0% |
| 2023 | $36.26M | $0 | 0.0% |
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 |
|---|---|
| 2026-03-31 | 39.01% |
| 2019-09-30 | 0.35% |
| 2019-03-31 | 4.59% |
| 2018-12-31 | 0.47% |
| 2018-09-30 | 0.53% |
| 2018-06-30 | 19.19% |
| 2018-03-31 | 127.71% |
| 2017-12-31 | 140.60% |
| 2017-09-30 | 68.98% |
| 2017-06-30 | 37.18% |
| 2017-03-31 | 14.68% |
| 2016-12-31 | 13.13% |
| 2016-09-30 | 11.96% |
| 2016-06-30 | 16.09% |
| 2016-03-31 | 41.97% |
| 2015-12-31 | 67.18% |
| 2015-06-30 | 48.32% |
| 2015-03-31 | 41.26% |
| 2014-12-31 | 39.29% |
| 2014-09-30 | 30.73% |
| 2014-06-30 | 33.76% |
| 2014-03-31 | 31.18% |
| 2013-12-31 | 19.02% |
| 2013-09-30 | 29.72% |
| 2013-06-30 | 20.00% |
| 2013-03-31 | 16.63% |
| 2012-12-31 | 14.86% |
| 2012-09-30 | 11.96% |
| 2012-06-30 | 12.44% |
| 2012-03-31 | 8.39% |
| 2011-12-31 | 9.30% |
| 2011-09-30 | 7.00% |
| 2022 |
| $26.27M |
| $0 |
| 0.0% |
| 2021 | $10.68M | $0 | 0.0% |
| 2020 | $0.48M | $0 | 0.0% |
| 2019 | $4.57M | $0 | 0.0% |
| 2018 | $18.86M | $0 | 0.0% |
| 2017 | $5.54M | $7.79M | 140.6% |
| 2016 | $68.52M | $8.99M | 13.1% |
| 2015 | $11.87M | $7.98M | 67.2% |
| 2014 | $15.11M | $5.94M | 39.3% |
| 2013 | $22.80M | $4.34M | 19.0% |
| 2012 | $16.56M | $2.46M | 14.9% |
| 2011 | $7.83M | $0.73M | 9.3% |
| 2010 | $2.28M | $0 | 0.0% |
| 2009 | $13.89M | $0 | 0.0% |
| 2008 | $2.83M | $0 | 0.0% |
| 2007 | $2.27M | $0 | 0.0% |
| 2006 | ($5.05M) | $0 | N/A (Loss) |
| 2005 | $1.93M | $0 | 0.0% |
| 2004 | $1.41M | $0 | 0.0% |
| 2003 | $1.48M | $0 | 0.0% |
| 2002 | $3.70M | $0 | 0.0% |
| 2001 | $3.59M | $0 | 0.0% |
| 2000 | $2.07M | $0 | 0.0% |
| 1999 | ($1.00M) | $0 | N/A (Loss) |
| 1998 | ($1.00M) | $0 | N/A (Loss) |
| 1997 | $1.85M | $0 | 0.0% |
| 1996 | $0.03M | $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.
