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 43.75% is 25% below its 5-year average of 58.25%, near the low end of its 5-year range (34.09%–196.64%).
As of the fiscal period ended Sunday, June 28, 2026. 4.03% below its 12-month average of 45.59%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q1 FY2027 (2026-06-28): 43.75%.
FCF PAYOUT RATIO
43.75%
FCF PAYOUT RATIO AVG TTM
45.59%
FCF PAYOUT RATIO AVG 3Y
42.45%
FCF PAYOUT RATIO AVG 5Y
58.25%
FCF PAYOUT RATIO AVG 10Y
67.16%
FCF PAYOUT RATIO AVG 15Y
61.69%
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-4.03%
CURRENT VS 3Y AVG
+3.06%
CURRENT VS 5Y AVG
-24.89%
CURRENT VS 10Y AVG
-34.86%
CURRENT VS 15Y AVG
-29.08%
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
43.8%
Earnings Payout Ratio
57.9%
Dividend Yield
10.98%
FCF Yield
28.71%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $8.26M | $3.33M | 40.3% |
| 2025 | $9.75M | $3.29M | 33.7% |
| 2024 | $6.30M | $3.24M | 51.5% |
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 |
|---|---|
| 2026-06-28 | 43.75% |
| 2026-03-29 | 44.96% |
| 2025-12-28 | 36.61% |
| 2025-09-28 | 50.79% |
| 2025-06-29 | 51.83% |
| 2025-03-30 | 36.72% |
| 2024-12-29 | 35.57% |
| 2024-09-30 | 37.34% |
| 2024-06-30 | 40.40% |
| 2024-03-31 | 51.48% |
| 2023-12-31 | 50.69% |
| 2023-10-01 | 37.63% |
| 2023-07-02 | 34.09% |
| 2023-03-31 | 46.87% |
| 2023-01-01 | 86.46% |
| 2022-10-02 | 93.21% |
| 2022-07-03 | 108.31% |
| 2022-03-31 | 86.91% |
| 2021-12-26 | 133.12% |
| 2021-09-26 | 196.64% |
| 2021-06-27 | 98.54% |
| 2021-03-31 | 62.61% |
| 2020-12-27 | 58.20% |
| 2020-09-27 | 51.64% |
| 2020-06-28 | 82.20% |
| 2020-03-31 | 73.95% |
| 2019-12-29 | 63.85% |
| 2019-09-29 | 42.28% |
| 2019-06-30 | 31.20% |
| 2019-03-31 | 39.26% |
| 2018-12-30 | 86.88% |
| 2018-09-30 | 135.77% |
| 2018-07-01 | 83.42% |
| 2018-03-31 | 144.31% |
| 2017-12-31 | 105.18% |
| 2017-10-01 | 72.44% |
| 2017-07-02 | 105.06% |
| 2017-03-31 | 95.30% |
| 2017-01-01 | 42.99% |
| 2016-10-02 | 54.28% |
| 2016-07-03 | 50.34% |
| 2016-03-31 | 29.78% |
| 2015-12-27 | 28.09% |
| 2015-09-27 | 38.41% |
| 2015-06-28 | 56.39% |
| 2015-03-31 | 71.06% |
| 2014-09-28 | 87.47% |
| 2014-06-29 | 47.96% |
| 2014-03-31 | 90.21% |
| 2013-12-29 | 38.36% |
| 2013-09-29 | 198.74% |
| 2013-06-30 | 101.46% |
| 2013-03-31 | 88.26% |
| 2012-12-30 | 91.89% |
| 2012-09-30 | 19.08% |
| 2012-07-01 | 17.56% |
| 2012-03-31 | 16.26% |
| 2012-01-01 | 11.66% |
| 2011-10-02 | 12.39% |
| 2011-07-03 | 45.36% |
| 2010-09-26 | 9.62% |
| 2010-06-27 | 2.42% |
| 2023 |
| $6.92M |
| $3.25M |
| 46.9% |
| 2022 | $7.73M | $6.72M | 86.9% |
| 2021 | $8.01M | $5.01M | 62.6% |
| 2020 | $7.83M | $5.79M | 73.9% |
| 2019 | $8.22M | $3.23M | 39.3% |
| 2018 | $2.23M | $3.22M | 144.3% |
| 2017 | $10.20M | $9.72M | 95.3% |
| 2016 | $10.78M | $3.21M | 29.8% |
| 2015 | $4.51M | $3.21M | 71.1% |
| 2014 | $3.49M | $3.15M | 90.2% |
| 2013 | $8.67M | $7.65M | 88.3% |
| 2012 | $7.70M | $1.25M | 16.3% |
| 2011 | ($0.27M) | $0.75M | N/A (Loss) |
| 2010 | $10.33M | $0 | 0.0% |
| 2009 | $8.02M | $0 | 0.0% |
| 2008 | $2.49M | $0 | 0.0% |
| 2007 | $11.04M | $0 | 0.0% |
| 2006 | $7.31M | $0 | 0.0% |
| 2005 | $5.95M | $0 | 0.0% |
| 2004 | $2.78M | $0 | 0.0% |
| 2003 | $5.63M | $0 | 0.0% |
| 2002 | $5.08M | $0 | 0.0% |
| 2001 | $23.69M | $0 | 0.0% |
| 2000 | ($4.03M) | $0.77M | N/A (Loss) |
| 1999 | ($24.78M) | $1.03M | N/A (Loss) |
| 1998 | ($11.70M) | $0.97M | N/A (Loss) |
| 1997 | $5.58M | $0.95M | 17.1% |
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.
