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 17.57% is 28% below its 4-year average of 24.29%, near the low end of its 4-year range (11.33%–72.72%).
As of the fiscal period ended Saturday, July 4, 2026. 41.50% below its 12-month average of 30.03%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-07-04): 17.57%.
FCF PAYOUT RATIO
17.57%
FCF PAYOUT RATIO AVG TTM
30.03%
FCF PAYOUT RATIO AVG 3Y
24.89%
FCF PAYOUT RATIO AVG 5Y
24.29%
FCF PAYOUT RATIO AVG 10Y
24.85%
FCF PAYOUT RATIO AVG 15Y
32.64%
FCF PAYOUT RATIO AVG 20Y
33.67%
CURRENT VS TTM AVG
-41.50%
CURRENT VS 3Y AVG
-29.40%
CURRENT VS 5Y AVG
-27.65%
CURRENT VS 10Y AVG
-29.30%
CURRENT VS 15Y AVG
-46.17%
CURRENT VS 20Y AVG
-47.81%
FCF Payout Ratio TTM
17.6%
Earnings Payout Ratio
33.0%
Dividend Yield
1.77%
FCF Yield
10.19%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $4.90M | $2.68M | 54.8% |
| 2024 | $10.84M | $2.73M | 25.2% |
| 2023 | $20.05M | $2.77M | 13.8% |
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 |
|---|---|
| 2026-07-04 | 17.57% |
| 2026-04-04 | 27.21% |
| 2026-01-03 | 54.77% |
| 2025-09-27 | 20.59% |
| 2025-06-28 | 72.72% |
| 2025-03-29 | 35.75% |
| 2024-12-28 | 23.14% |
| 2024-09-28 | 36.16% |
| 2024-06-29 | 16.41% |
| 2024-03-30 | 17.05% |
| 2023-12-30 | 13.80% |
| 2023-09-30 | 11.33% |
| 2023-07-01 | 11.88% |
| 2023-04-01 | 15.78% |
| 2022-12-31 | 38.58% |
| 2021-07-03 | 18.41% |
| 2021-04-03 | 15.13% |
| 2021-01-02 | 15.80% |
| 2020-10-03 | 12.79% |
| 2020-06-27 | 16.88% |
| 2020-03-28 | 15.63% |
| 2019-12-28 | 15.66% |
| 2019-09-28 | 18.14% |
| 2019-06-29 | 23.23% |
| 2019-03-30 | 29.88% |
| 2018-12-29 | 37.59% |
| 2018-09-29 | 110.22% |
| 2018-06-30 | 47.93% |
| 2018-03-31 | 52.29% |
| 2017-12-30 | 32.73% |
| 2017-09-30 | 24.79% |
| 2017-07-01 | 27.11% |
| 2017-04-01 | 24.71% |
| 2016-12-31 | 28.80% |
| 2016-10-01 | 22.63% |
| 2016-07-02 | 23.74% |
| 2016-04-02 | 37.95% |
| 2016-01-02 | 42.62% |
| 2015-10-03 | 108.10% |
| 2015-07-04 | 76.26% |
| 2015-04-04 | 54.39% |
| 2015-01-03 | 52.28% |
| 2014-09-27 | 44.05% |
| 2014-06-28 | 49.64% |
| 2014-03-29 | 44.09% |
| 2013-12-28 | 45.10% |
| 2013-09-28 | 53.39% |
| 2013-06-29 | 37.84% |
| 2013-03-30 | 37.18% |
| 2012-12-29 | 32.97% |
| 2012-09-29 | 36.97% |
| 2012-06-30 | 70.81% |
| 2011-04-02 | 251.68% |
| 2011-01-01 | 66.73% |
| 2010-10-02 | 89.99% |
| 2010-07-03 | 34.25% |
| 2010-04-03 | 21.75% |
| 2010-01-02 | 19.39% |
| 2009-10-03 | 15.34% |
| 2009-07-04 | 16.74% |
| 2009-04-04 | 23.83% |
| 2009-01-03 | 36.69% |
| 2008-09-27 | 42.58% |
| 2008-06-28 | 166.26% |
| 2008-03-29 | 66.08% |
| 2007-12-29 | 30.58% |
| 2007-09-29 | 25.68% |
| 2007-06-30 | 22.29% |
| 2007-03-31 | 44.51% |
| 2006-12-30 | 150.26% |
| 2006-09-30 | 421.54% |
| 2006-07-01 | 66.17% |
| 2006-04-01 | 38.80% |
| 2005-12-31 | 46.40% |
| 2005-10-01 | 45.67% |
| 2005-07-02 | 126.22% |
| 2005-04-02 | 58.43% |
| 2005-01-01 | 57.17% |
| 2004-10-02 | 63.03% |
| 2004-07-03 | 47.52% |
| 2004-04-03 | 116.70% |
| 2004-01-03 | 44.17% |
| 2003-09-27 | 33.73% |
| 2003-06-28 | 20.53% |
| 2022 |
| ($5.74M) |
| $2.76M |
| N/A (Loss) |
| 2022 | $7.10M | $2.74M | 38.6% |
| 2021 | $17.59M | $2.75M | 15.7% |
| 2019 | $17.52M | $2.74M | 15.7% |
| 2018 | $7.47M | $2.76M | 36.9% |
| 2017 | $8.42M | $2.75M | 32.7% |
| 2016 | $6.60M | $2.81M | 42.6% |
| 2016 | $9.55M | $2.75M | 28.8% |
| 2015 | $5.71M | $2.99M | 52.3% |
| 2013 | $5.79M | $2.61M | 45.1% |
| 2012 | $9.43M | $3.11M | 33.0% |
| 2011 | $4.77M | $3.18M | 66.7% |
| 2011 | ($1.95M) | $2.22M | N/A (Loss) |
| 2010 | $11.12M | $2.16M | 19.4% |
| 2009 | $5.28M | $1.94M | 36.7% |
| 2007 | $5.89M | $1.80M | 30.6% |
| 2006 | $1.14M | $1.72M | 150.3% |
| 2005 | $2.79M | $1.60M | 57.2% |
| 2005 | $3.45M | $1.60M | 46.4% |
| 2004 | $3.61M | $1.59M | 44.2% |
| 2002 | $9.81M | $1.60M | 16.3% |
| 2001 | $5.07M | $1.60M | 31.6% |
| 2000 | $2.70M | $1.60M | 59.3% |
| 2000 | $5.34M | $1.60M | 29.9% |
| 1999 | $3.90M | $1.40M | 35.9% |
| 1998 | $4.00M | $1.30M | 32.5% |
| 1996 | ($0.40M) | $1.20M | 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.
