Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
The FCF payout ratio is 73.02% as of the fiscal period ended Tuesday, June 30, 2026.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
73.02%
FCF PAYOUT RATIO AVG TTM
61.35%
FCF PAYOUT RATIO AVG 3Y
71.71%
FCF PAYOUT RATIO AVG 5Y
71.71%
FCF PAYOUT RATIO AVG 10Y
54.79%
FCF PAYOUT RATIO AVG 15Y
52.35%
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+19.03%
CURRENT VS 3Y AVG
+1.83%
CURRENT VS 5Y AVG
+1.83%
CURRENT VS 10Y AVG
+33.29%
CURRENT VS 15Y AVG
+39.49%
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
73.0%
Earnings Payout Ratio
101.1%
Dividend Yield
2.88%
FCF Yield
4.72%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $114.89M | $231.22M | 201.3% |
| 2024 | $134.85M | $193.48M | 143.5% |
| 2023 | ($59.62M) | $169.37M | 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 |
|---|---|
| 2026-06-30 | 73.02% |
| 2026-03-31 | 60.38% |
| 2025-12-31 | 58.29% |
| 2025-09-30 | 61.98% |
| 2025-06-30 | 53.07% |
| 2025-03-31 | 59.73% |
| 2024-12-31 | 62.54% |
| 2024-09-30 | 144.71% |
| 2019-12-31 | 749.45% |
| 2019-09-30 | 46.28% |
| 2019-06-30 | 48.08% |
| 2019-03-31 | 51.64% |
| 2018-12-31 | 52.09% |
| 2018-09-30 | 54.99% |
| 2018-06-30 | 54.77% |
| 2018-03-31 | 54.83% |
| 2017-12-31 | 52.51% |
| 2017-09-30 | 50.57% |
| 2017-06-30 | 49.32% |
| 2017-03-31 | 49.15% |
| 2016-12-31 | 47.71% |
| 2014-09-30 | 315.10% |
| 2014-06-30 | 448.83% |
| 2014-03-31 | 570.92% |
| 2013-09-30 | 17.66% |
| 2013-06-30 | 16.44% |
| 2013-03-31 | 19.59% |
| 2012-12-31 | 17.05% |
| 2012-03-31 | 266.90% |
| 2011-09-30 | 242.67% |
| 2011-06-30 | 200.72% |
| 2010-09-30 | 17.54% |
| 2010-06-30 | 16.31% |
| 2010-03-31 | 13.86% |
| 2009-12-31 | 23.15% |
| 2022 |
| ($111.47M) |
| $155.33M |
| N/A (Loss) |
| 2021 | $33.85M | $139.71M | 412.7% |
| 2020 | $79.96M | $127.34M | 159.3% |
| 2019 | ($8.59M) | $117.21M | N/A (Loss) |
| 2018 | ($144.73M) | $109.65M | N/A (Loss) |
| 2017 | $45.42M | $100.52M | 221.3% |
| 2016 | ($6.66M) | $82.70M | N/A (Loss) |
| 2015 | ($155.93M) | $55.81M | N/A (Loss) |
| 2014 | ($79.40M) | $46.62M | N/A (Loss) |
| 2013 | ($62.55M) | $37.76M | N/A (Loss) |
| 2012 | ($2.03M) | $23.26M | N/A (Loss) |
| 2011 | ($2.99M) | $15.25M | N/A (Loss) |
| 2010 | ($6.55M) | $19.68M | N/A (Loss) |
| 2009 | $142.18M | $32.91M | 23.1% |
| 2008 | ($512.23M) | $164.78M | N/A (Loss) |
| 2007 | ($584.73M) | $172.68M | N/A (Loss) |
| 2006 | ($754.29M) | $163.11M | N/A (Loss) |
| 2005 | ($871.36M) | $145.83M | N/A (Loss) |
| 2004 | ($407.74M) | $13.26M | N/A (Loss) |
| 2003 | ($212.80M) | $146.09M | N/A (Loss) |
| 2002 | ($205.80M) | $149.31M | N/A (Loss) |
| 2001 | ($252.92M) | $160.41M | N/A (Loss) |
| 2000 | ($333.84M) | $138.26M | N/A (Loss) |
| 1999 | ($56.54M) | $141.37M | N/A (Loss) |
| 1998 | ($475.93M) | $122.41M | N/A (Loss) |
| 1997 | ($725.24M) | $79.96M | N/A (Loss) |
| 1996 | ($194.53M) | $52.38M | 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.
