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 1.37% is 96% below its 2-year average of 34.31%, near the low end of its 2-year range (1.37%–68.55%).
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. Q2 FY2026 (2026-06-30): 1.37%.
FCF PAYOUT RATIO
1.37%
FCF PAYOUT RATIO AVG TTM
N/A
FCF PAYOUT RATIO AVG 3Y
34.31%
FCF PAYOUT RATIO AVG 5Y
34.31%
FCF PAYOUT RATIO AVG 10Y
157.49%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-96.01%
CURRENT VS 5Y AVG
-96.01%
CURRENT VS 10Y AVG
-99.13%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
1.4%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
10.96%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $64.44M | $0 | 0.0% |
| 2024 | ($125.05M) | $5.17M | N/A (Loss) |
| 2023 | ($51.75M) | $22.73M | 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 | 1.37% |
| 2024-09-30 | 49.21% |
| 2024-06-30 | 18.09% |
| 2024-03-31 | 68.55% |
| 2019-03-31 | 355.50% |
| 2018-09-30 | 722.74% |
| 2017-06-30 | 138.02% |
| 2017-03-31 | 42.14% |
| 2016-12-31 | 89.21% |
| 2016-09-30 | 90.11% |
| 2015-06-30 | 35.11% |
| 2015-03-31 | 6.32% |
| 2014-12-31 | 5.50% |
| 2014-09-30 | 4.44% |
| 2014-06-30 | 3.67% |
| 2014-03-31 | 10.74% |
| 2013-12-31 | 2.77% |
| 2013-09-30 | 1.09% |
| 2022 |
| ($142.66M) |
| $0 |
| N/A (Loss) |
| 2021 | ($182.95M) | $9.25M | N/A (Loss) |
| 2020 | ($11.68M) | $9.68M | N/A (Loss) |
| 2019 | ($85.01M) | $31.69M | N/A (Loss) |
| 2018 | ($5.22M) | $41.27M | N/A (Loss) |
| 2017 | ($206.29M) | $39.38M | N/A (Loss) |
| 2016 | $24.82M | $37.28M | 150.2% |
| 2015 | ($53.19M) | $19.80M | N/A (Loss) |
| 2014 | $162.00M | $8.91M | 5.5% |
| 2013 | $87.57M | $2.43M | 2.8% |
| 2012 | ($37.43M) | $0 | N/A (Loss) |
| 2011 | $66.41M | $0 | 0.0% |
| 2010 | $14.79M | $0 | 0.0% |
| 2009 | $39.64M | $0 | 0.0% |
| 2008 | ($124.37M) | $0 | N/A (Loss) |
| 2007 | ($109.42M) | $0 | N/A (Loss) |
| 2006 | ($36.05M) | $0 | N/A (Loss) |
| 2005 | ($0.97M) | $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.
