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 0.03% is 82% below its 1-year average of 0.15%, near the low end of its 1-year range (0.03%–0.35%).
As of the fiscal period ended Friday, July 31, 2026. 81.93% below its 12-month average of 0.15%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q1 FY2027 (2026-07-31): 0.03%.
FCF PAYOUT RATIO
0.03%
FCF PAYOUT RATIO AVG TTM
0.15%
FCF PAYOUT RATIO AVG 3Y
0.15%
FCF PAYOUT RATIO AVG 5Y
0.15%
FCF PAYOUT RATIO AVG 10Y
0.38%
FCF PAYOUT RATIO AVG 15Y
0.41%
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-81.93%
CURRENT VS 3Y AVG
-81.93%
CURRENT VS 5Y AVG
-81.93%
CURRENT VS 10Y AVG
-92.99%
CURRENT VS 15Y AVG
-93.53%
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
0.0%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
1786.42%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $63.15M | $0.04M | 0.1% |
| 2025 | ($52.65M) | $0.04M | N/A (Loss) |
| 2024 | ($80.08M) | $0.04M | N/A (Loss) |
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 |
|---|---|
| 2026-07-31 | 0.03% |
| 2026-04-30 | 0.06% |
| 2026-01-31 | 0.35% |
| 2020-07-31 | 0.48% |
| 2020-04-30 | 0.26% |
| 2020-01-31 | 1.67% |
| 2019-10-31 | 0.27% |
| 2019-07-31 | 0.22% |
| 2019-04-30 | 0.19% |
| 2019-01-31 | 0.25% |
| 2018-10-31 | 0.69% |
| 2018-07-31 | 0.76% |
| 2018-04-30 | 0.52% |
| 2018-01-31 | 0.44% |
| 2017-10-31 | 0.28% |
| 2017-07-31 | 0.31% |
| 2017-04-30 | 0.70% |
| 2017-01-31 | 0.44% |
| 2016-07-31 | 0.64% |
| 2016-04-30 | 0.41% |
| 2016-01-31 | 1.61% |
| 2015-10-31 | 0.32% |
| 2015-07-31 | 1.01% |
| 2015-04-30 | 0.48% |
| 2015-01-31 | 0.22% |
| 2014-10-31 | 0.25% |
| 2014-07-31 | 0.22% |
| 2014-04-30 | 0.27% |
| 2014-01-31 | 1.18% |
| 2012-10-31 | 0.45% |
| 2012-07-31 | 0.57% |
| 2012-04-30 | 0.55% |
| 2012-01-31 | 0.84% |
| 2011-10-31 | 0.40% |
| 2011-07-31 | 0.37% |
| 2011-04-30 | 0.33% |
| 2011-01-31 | 0.92% |
| 2010-10-31 | 1.20% |
| 2010-07-31 | 1.05% |
| 2010-04-30 | 2.42% |
| 2010-01-31 | 2.71% |
| 2009-10-31 | 0.37% |
| 2009-07-31 | 0.08% |
| 2023 |
| ($160.21M) |
| $0.04M |
| N/A (Loss) |
| 2022 | ($135.19M) | $0.04M | N/A (Loss) |
| 2021 | ($62.76M) | $0.04M | N/A (Loss) |
| 2020 | $15.49M | $0.04M | 0.3% |
| 2019 | $20.87M | $0.04M | 0.2% |
| 2018 | $7.74M | $0.04M | 0.5% |
| 2017 | $5.75M | $0.04M | 0.7% |
| 2016 | $9.76M | $0.04M | 0.4% |
| 2015 | $8.38M | $0.04M | 0.5% |
| 2014 | $14.78M | $0.04M | 0.3% |
| 2013 | ($7.06M) | $0.04M | N/A (Loss) |
| 2012 | $7.24M | $0.04M | 0.6% |
| 2011 | $12.06M | $0.04M | 0.3% |
| 2010 | $1.65M | $0.04M | 2.4% |
| 2009 | $11.61M | $0 | 0.0% |
| 2008 | $0.52M | $0 | 0.0% |
| 2007 | $5.59M | $0 | 0.0% |
| 2006 | ($12.77M) | $0 | N/A (Loss) |
| 2005 | ($7.69M) | $0 | N/A (Loss) |
| 2004 | $2.84M | $0 | 0.0% |
| 2003 | $3.18M | $0 | 0.0% |
| 2002 | ($0.60M) | $0 | N/A (Loss) |
| 2001 | $90.08M | $0 | 0.0% |
| 2000 | $52.38M | $0 | 0.0% |
| 1999 | ($22.10M) | $0 | N/A (Loss) |
| 1998 | ($32.00M) | $0 | N/A (Loss) |
| 1997 | ($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:
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
