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 3.29% is 36% below its 1-year average of 5.14%, near the low end of its 1-year range (2.07%–8.37%).
As of the fiscal period ended Tuesday, June 30, 2026. 42.83% below its 12-month average of 5.75%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 3.29%.
FCF PAYOUT RATIO
3.29%
FCF PAYOUT RATIO AVG TTM
5.75%
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
-42.83%
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
3.3%
Earnings Payout Ratio
5.0%
Dividend Yield
0.18%
FCF Yield
4.94%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $3.71B | $275.00M | 7.4% |
| 2024 | $1.70B | $0 | 0.0% |
| 2023 | $442.00M | $0 | 0.0% |
| 2022 | ($627.00M) | $0 | N/A (Loss) |
| 2021 | ($2.24B) | $0 | 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.
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 | 3.29% |
| 2026-03-31 | 4.56% |
| 2025-12-31 | 7.41% |
| 2025-09-30 | 8.37% |
| 2025-06-30 | 5.13% |
| 2025-03-31 | 2.07% |
