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 26.45% is in line with its 1-year average of 26.08%, around the middle of its 1-year range (8.25%–42.29%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.79% below its 12-month average of 29.65%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
26.45%
FCF PAYOUT RATIO AVG TTM
29.65%
FCF PAYOUT RATIO AVG 3Y
N/A
FCF PAYOUT RATIO AVG 5Y
N/A
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
-10.79%
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
26.4%
Earnings Payout Ratio
34.3%
Dividend Yield
0.80%
FCF Yield
3.01%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $227.00M | $96.00M | 42.3% |
| 2024 | $186.00M | $0 | 0.0% |
| 2023 | $145.00M | $0 | 0.0% |
| 2022 | ($32.00M) | $396.00M | N/A (Loss) |
| 2021 | $118.00M | $0 | 0.0% |
| 2020 | $69.00M | $0 | 0.0% |
| 2019 | $102.00M | $0 | 0.0% |
| 2018 |
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.
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 |
|---|---|
| 2026-06-30 | 26.45% |
| 2026-03-31 | 31.89% |
| 2025-12-31 | 42.29% |
| 2025-09-30 | 27.17% |
| 2025-06-30 | 20.43% |
| 2025-03-31 | 8.25% |
| $65.00M |
| $0 |
| 0.0% |
| 2008 | $140.15M | $4.93M | 3.5% |
| 2007 | $139.33M | $4.96M | 3.6% |
| 2006 | $113.87M | $3.71M | 3.3% |
