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 3.76% is 59% below its 3-year average of 9.11%, near the low end of its 3-year range (0.76%–44.19%).
As of the fiscal period ended Friday, July 31, 2026. 29.60% above its 12-month average of 2.90%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q3 FY2026 (2026-07-31): 3.76%.
FCF PAYOUT RATIO
3.76%
FCF PAYOUT RATIO AVG TTM
2.90%
FCF PAYOUT RATIO AVG 3Y
4.10%
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
+29.60%
CURRENT VS 3Y AVG
-8.13%
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
3.8%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
4.82%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $9.43M | $1.00M | 10.6% |
| 2024 | $18.51M | $0.14M | 0.8% |
| 2023 | $10.51M | $0.33M | 3.1% |
| 2022 | ($3.35M) | $1.43M | N/A (Loss) |
| 2021 | ($10.93M) | $0 | N/A (Loss) |
| 2020 | $4.56M | $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 |
|---|---|
| 2026-07-31 | 3.76% |
| 2026-04-30 | 3.94% |
| 2025-07-31 | 1.00% |
| 2025-04-30 | 1.41% |
| 2025-01-31 | 1.04% |
| 2024-10-31 | 0.76% |
| 2023-07-31 | 16.75% |
| 2023-04-30 | 44.19% |
| 0.0% |
| 2019 | ($18.90M) | $0 | N/A (Loss) |
| 2018 | ($9.88M) | $0.88M | N/A (Loss) |
| 2017 | $0.77M | $0.43M | 56.5% |
| 2016 | $0.21M | $0.12M | 54.1% |
