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 5.83% is 50% below its 3-year average of 11.74%, near the low end of its 3-year range (2.97%–48.08%).
As of the fiscal period ended Tuesday, June 30, 2026. 22.36% above its 12-month average of 4.77%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 5.83%.
FCF PAYOUT RATIO
5.83%
FCF PAYOUT RATIO AVG TTM
4.77%
FCF PAYOUT RATIO AVG 3Y
12.02%
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
+22.36%
CURRENT VS 3Y AVG
-51.45%
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
5.8%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
1.69%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $513.56M | $10.61M | 2.1% |
| 2024 | $320.29M | $10.63M | 3.3% |
| 2023 | ($92.46M) | $11.94M | N/A (Loss) |
| 2022 | $24.49M | $0 | 0.0% |
| 2021 | $86.34M | $0 | 0.0% |
| 2020 | $15.00M | $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 | 5.83% |
| 2026-03-31 | 4.72% |
| 2025-12-31 | 6.35% |
| 2025-09-30 | 2.97% |
| 2025-06-30 | 3.96% |
| 2025-03-31 | 4.74% |
| 2024-12-31 | 3.11% |
| 2024-09-30 | 28.38% |
| 2024-06-30 | 48.08% |
| 2023-03-31 | 9.23% |
| 0.0% |
| 2019 | ($5.10M) | $0 | N/A (Loss) |
| 2018 | ($4.45M) | $0 | N/A (Loss) |
| 2017 | $4.54M | $0 | 0.0% |
| 2016 | ($2.57M) | $0 | N/A (Loss) |
| 2015 | ($5.88M) | $0 | N/A (Loss) |
| 2014 | ($0.69M) | $0 | N/A (Loss) |
| 2013 | ($8.11M) | $0 | N/A (Loss) |
| 2012 | $6.09M | $0 | 0.0% |
| 2011 | ($93.69M) | $0 | N/A (Loss) |
| 2010 | ($30.62M) | $0 | N/A (Loss) |
| 2009 | ($342.52M) | $0 | N/A (Loss) |
| 2008 | ($316.67M) | $0 | N/A (Loss) |
| 2007 | ($177.66M) | $0 | N/A (Loss) |
| 2006 | ($92.97M) | $0 | N/A (Loss) |
| 2005 | $3.81M | $0 | 0.0% |
| 2004 | ($8.78M) | $0 | N/A (Loss) |
