FCF Payout Ratio: 31.01%
Is the FCF payout ratio high or low?
The FCF payout ratio of 31.01% is 18% above its 5-year average of 26.26%, near the low end of its 5-year range (1.43%–186.26%).
67.87% above its 12-month average of 18.47%.
COHR FCF Payout Ratio
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
COHR Average FCF Payout Ratio Chart
COHR Current vs Average FCF Payout Ratio Chart
COHR FCF Payout Ratio Metrics
FCF PAYOUT RATIO
31.01%
FCF PAYOUT RATIO AVG TTM
18.47%
FCF PAYOUT RATIO AVG 3Y
37.06%
FCF PAYOUT RATIO AVG 5Y
12.47%
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
+67.87%
CURRENT VS 3Y AVG
-16.33%
CURRENT VS 5Y AVG
+148.75%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Payout Ratio Comparison
FCF Payout Ratio TTM
31.0%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
N/A
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $192.76M | $11.44M | 5.9% |
| 2024 | $198.91M | $0 | 0.0% |
| 2023 | $197.97M | $27.60M | 13.9% |
| 2022 | $99.00M | $34.51M | 34.9% |
| 2021 | $428.02M | $20.32M | 4.7% |
| 2020 | $160.41M | $0 | 0.0% |
| 2019 | $41.35M | $0 | 0.0% |
| 2018 | $7.58M | $0 | 0.0% |
| 2017 | ($19.90M) | $0 | N/A (Loss) |
| 2016 | $64.80M | $0 | 0.0% |
| 2015 | $77.05M | $0 | 0.0% |
| 2014 | $66.24M | $0 | 0.0% |
| 2013 | $82.40M | $0 | 0.0% |
| 2012 | $45.27M | $0 | 0.0% |
| 2011 | $32.63M | $0 | 0.0% |
| 2010 | $58.58M | $0 | 0.0% |
| 2009 | $33.36M | $0 | 0.0% |
| 2008 | $28.06M | $0 | 0.0% |
| 2007 | $24.17M | $0 | 0.0% |
| 2006 | $25.16M | $0 | 0.0% |
| 2005 | $0.96M | $0 | 0.0% |
| 2004 | $17.67M | $0 | 0.0% |
| 2003 | $18.62M | $0 | 0.0% |
| 2002 | $7.47M | $0 | 0.0% |
| 2001 | ($28.92M) | $0 | N/A (Loss) |
| 2000 | $3.66M | $0 | 0.0% |
| 1999 | $4.40M | $0 | 0.0% |
| 1998 | ($13.60M) | $0 | N/A (Loss) |
| 1997 | $1.00M | $0 | 0.0% |
| 1996 | ($2.40M) | $0 | N/A (Loss) |
Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
FCF Payout Ratio Formula & Definition
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
FCF Payout Ratio FAQ
- What is the FCF payout ratio for Coherent, Inc. (COHR)?
- The FCF payout ratio for COHR stock is 31.01%.
- Is Coherent, Inc.'s FCF payout ratio high or low?
- The FCF payout ratio of 31.01% is 18% above its 5-year average of 26.26%, near the low end of its 5-year range (1.43%–186.26%).
- What is the TTM average FCF payout ratio for Coherent, Inc. (COHR)?
- The TTM average FCF payout ratio for COHR stock is 18.47%.
- What is the 3Y average FCF payout ratio for Coherent, Inc. (COHR)?
- The 3Y average FCF payout ratio for COHR stock is 37.06%.
- What is the 5Y average FCF payout ratio for Coherent, Inc. (COHR)?
- The 5Y average FCF payout ratio for COHR stock is 12.47%.
COHR FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-09-30 | 31.01% |
| 2025-06-30 | 5.93% |
| 2024-03-31 | 3.07% |
| 2023-12-31 | 5.39% |
| 2023-09-30 | 7.01% |
| 2023-06-30 | 13.94% |
| 2023-03-31 | 21.48% |
| 2022-12-31 | 186.26% |
| 2022-09-30 | 59.46% |
| 2022-06-30 | 34.86% |
| 2022-03-31 | 20.72% |
| 2021-12-31 | 11.90% |
| 2021-09-30 | 10.27% |
| 2021-06-30 | 4.75% |
| 2021-03-31 | 2.76% |
| 2020-12-31 | 1.43% |
About Coherent, Inc.
Coherent, Inc. specializes in advanced laser technologies, offering a comprehensive suite of products that includes lasers, laser-based solutions, and complete systems. These are deployed across a spectrum of uses, from commercial and industrial operations to critical scientific research. The company's operations are distinctly segmented into two primary areas: laser sources for Original Equipment Manufacturers (OEMs) and industrial lasers alongside integrated systems. Coherent handles the entire lifecycle of its offerings, from conceptual design and manufacturing to global marketing and ongoing service. Their product portfolio spans lasers, specialized laser tools, high-precision optical components, associated accessories, and sophisticated laser measurement and control devices. These sophisticated tools are integral to fields such as microelectronics fabrication, advanced materials processing, integration into original equipment manufacturer (OEM) components and instrumentation, scientific studies, and various governmental programs. Distribution in the U.S. is primarily managed by an in-house sales team, while international markets are reached through a combination of direct sales personnel and independent representatives. Established in 1966, Coherent, Inc. maintains its headquarters in Santa Clara, California. Notably, since July 1, 2022, the company has operated as a wholly-owned subsidiary of II-VI Incorporated.
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- CEO
- James Robert Anderson