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 60.36% is 15% above its 4-year average of 52.37%, around the middle of its 4-year range (9.96%–138.16%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.61% below its 12-month average of 75.09%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 60.36%.
FCF PAYOUT RATIO
60.36%
FCF PAYOUT RATIO AVG TTM
75.09%
FCF PAYOUT RATIO AVG 3Y
78.60%
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
-19.61%
CURRENT VS 3Y AVG
-23.21%
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
60.4%
Earnings Payout Ratio
N/A
Dividend Yield
4.13%
FCF Yield
6.31%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $5.22M | $6.00M | 114.8% |
| 2024 | ($19.73M) | $5.49M | N/A (Loss) |
| 2023 | ($0.46M) | $5.60M | N/A (Loss) |
| 2022 | $29.94M | $5.86M | 19.6% |
| 2021 | $15.12M | $0 | 0.0% |
| 2020 | $8.29M | $0 |
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 | 60.36% |
| 2026-03-31 | 64.52% |
| 2025-12-31 | 116.36% |
| 2025-09-30 | 52.57% |
| 2025-06-30 | 81.63% |
| 2023-09-30 | 138.16% |
| 2023-06-30 | 36.59% |
| 2023-03-31 | 18.11% |
| 2022-12-31 | 19.57% |
| 2022-09-30 | 15.29% |
| 2022-06-30 | 15.32% |
| 2022-03-31 | 9.96% |
| 0.0% |
| 2019 | $1.07M | $0 | 0.0% |
| 2018 | $7.92M | $0 | 0.0% |
| 2017 | ($1.72M) | $0 | N/A (Loss) |
| 2016 | $10.86M | $0 | 0.0% |
| 2015 | $6.45M | $0 | 0.0% |
| 2014 | $23.32M | $0 | 0.0% |
| 2013 | ($13.08M) | $0 | N/A (Loss) |
| 2012 | ($48.39M) | $0 | N/A (Loss) |
| 2011 | ($8.52M) | $0 | N/A (Loss) |
| 2010 | $0.23M | $0 | 0.0% |
| 2009 | ($35.85M) | $0 | N/A (Loss) |
| 2008 | ($54.21M) | $0 | N/A (Loss) |
| 2007 | ($41.38M) | $0 | N/A (Loss) |
| 2006 | ($10.56M) | $0 | N/A (Loss) |
