Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
The FCF payout ratio is N/A as of the fiscal period ended Wednesday, December 31, 2025.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q3 FY2026 (2025-12-31): 20.21%.
FCF PAYOUT RATIO
N/A
FCF PAYOUT RATIO AVG TTM
31.44%
FCF PAYOUT RATIO AVG 3Y
22.04%
FCF PAYOUT RATIO AVG 5Y
19.34%
FCF PAYOUT RATIO AVG 10Y
12.82%
FCF PAYOUT RATIO AVG 15Y
N/A
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
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
N/A
Earnings Payout Ratio
N/A
Dividend Yield
1.65%
FCF Yield
N/A
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | ($164.07M) | $8.04M | N/A (Loss) |
| 2025 | $24.20M | $8.04M | 33.2% |
| 2024 | $42.38M | $8.04M | 19.0% |
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 |
|---|---|
| 2025-12-31 | 20.21% |
| 2025-09-30 | 27.31% |
| 2025-06-30 | 44.04% |
| 2025-03-31 | 33.23% |
| 2024-12-31 | 32.40% |
| 2024-09-30 | 19.29% |
| 2024-06-30 | 16.27% |
| 2024-03-31 | 18.98% |
| 2023-12-31 | 10.58% |
| 2023-09-30 | 13.54% |
| 2023-06-30 | 12.80% |
| 2023-03-31 | 11.28% |
| 2022-12-31 | 26.66% |
| 2022-09-30 | 29.15% |
| 2022-06-30 | 21.78% |
| 2022-03-31 | 18.34% |
| 2021-12-31 | 18.09% |
| 2021-09-30 | 11.22% |
| 2021-06-30 | 8.56% |
| 2021-03-31 | 6.62% |
| 2020-12-31 | 5.72% |
| 2020-09-30 | 5.26% |
| 2020-06-30 | 5.18% |
| 2020-03-31 | 5.82% |
| 2019-12-31 | 6.43% |
| 2019-09-30 | 6.66% |
| 2019-06-30 | 8.54% |
| 2019-03-31 | 6.92% |
| 2018-12-31 | 7.36% |
| 2018-09-30 | 8.46% |
| 2018-06-30 | 8.07% |
| 2018-03-31 | 6.63% |
| 2017-12-31 | 7.18% |
| 2017-09-30 | 6.13% |
| 2017-06-30 | 6.15% |
| 2017-03-31 | 7.22% |
| 2016-12-31 | 6.43% |
| 2016-09-30 | 6.18% |
| 2016-06-30 | 9.43% |
| 2016-03-31 | 10.59% |
| 2015-12-31 | 16.13% |
| 2015-09-30 | 28.45% |
| 2015-06-30 | 17.50% |
| 2015-03-31 | 15.19% |
| 2014-12-31 | 10.54% |
| 2014-09-30 | 7.90% |
| 2014-06-30 | 4.94% |
| 2023 |
| $71.00M |
| $8.01M |
| 11.3% |
| 2022 | $35.78M | $6.56M | 18.3% |
| 2021 | $86.59M | $5.73M | 6.6% |
| 2020 | $97.36M | $5.67M | 5.8% |
| 2019 | $67.21M | $4.65M | 6.9% |
| 2018 | $55.15M | $3.66M | 6.6% |
| 2017 | $46.08M | $3.33M | 7.2% |
| 2016 | $30.32M | $3.21M | 10.6% |
| 2015 | $21.01M | $3.19M | 15.2% |
| 2014 | $8.66M | $0 | 0.0% |
| 2013 | $27.50M | $0 | 0.0% |
| 2012 | $9.82M | $0 | 0.0% |
| 2011 | ($9.26M) | $0 | N/A (Loss) |
| 2010 | $22.62M | $0 | 0.0% |
| 2009 | $47.99M | $0 | 0.0% |
| 2008 | $46.52M | $0 | 0.0% |
| 2007 | $34.84M | $0 | 0.0% |
| 2006 | $40.09M | $0 | 0.0% |
| 2005 | $11.88M | $0 | 0.0% |
| 2004 | $22.75M | $0 | 0.0% |
| 2003 | $9.64M | $0 | 0.0% |
| 2002 | $44.72M | $1.98M | 4.4% |
| 2001 | $17.45M | $4.00M | 22.9% |
| 2000 | $28.62M | $3.95M | 13.8% |
| 1999 | $24.50M | $3.70M | 15.1% |
| 1998 | ($138.40M) | $3.70M | N/A (Loss) |
| 1997 | $19.50M | $4.40M | 22.6% |
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.
