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 26.29% is 53% below its 5-year average of 55.71%, near the low end of its 5-year range (13.43%–190.93%).
As of the fiscal period ended Sunday, August 2, 2026. 54.30% below its 12-month average of 57.53%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2027 (2026-08-02): 26.29%.
FCF PAYOUT RATIO
26.29%
FCF PAYOUT RATIO AVG TTM
57.53%
FCF PAYOUT RATIO AVG 3Y
61.11%
FCF PAYOUT RATIO AVG 5Y
55.71%
FCF PAYOUT RATIO AVG 10Y
24.86%
FCF PAYOUT RATIO AVG 15Y
26.91%
FCF PAYOUT RATIO AVG 20Y
28.40%
CURRENT VS TTM AVG
-54.30%
CURRENT VS 3Y AVG
-56.98%
CURRENT VS 5Y AVG
-52.81%
CURRENT VS 10Y AVG
+5.74%
CURRENT VS 15Y AVG
-2.30%
CURRENT VS 20Y AVG
-7.45%
FCF Payout Ratio TTM
26.3%
Earnings Payout Ratio
N/A
Dividend Yield
3.54%
FCF Yield
17.07%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $17.21M | $8.77M | 50.9% |
| 2025 | ($26.09M) | $9.85M | N/A (Loss) |
| 2024 | $48.66M | $9.68M | 19.9% |
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 |
|---|---|
| 2026-08-02 | 26.29% |
| 2026-05-03 | 43.23% |
| 2026-02-01 | 50.94% |
| 2025-11-02 | 109.66% |
| 2024-07-28 | 190.93% |
| 2024-04-28 | 32.19% |
| 2024-01-28 | 19.90% |
| 2023-10-29 | 15.73% |
| 2023-07-30 | 13.43% |
| 2023-04-30 | 40.04% |
| 2022-01-30 | 70.48% |
| 2021-05-02 | 17.36% |
| 2021-01-31 | 11.69% |
| 2020-11-01 | 9.33% |
| 2020-08-02 | 9.15% |
| 2020-05-03 | 20.33% |
| 2020-02-02 | 19.87% |
| 2019-11-03 | 90.15% |
| 2019-02-03 | 150.94% |
| 2018-10-28 | 31.88% |
| 2018-07-29 | 23.46% |
| 2018-04-29 | 16.96% |
| 2018-01-28 | 23.66% |
| 2017-10-29 | 25.51% |
| 2017-07-30 | 29.46% |
| 2017-04-30 | 15.90% |
| 2017-01-29 | 16.86% |
| 2016-10-30 | 13.05% |
| 2016-07-31 | 12.62% |
| 2016-05-01 | 14.26% |
| 2016-01-31 | 21.41% |
| 2015-11-01 | 20.43% |
| 2015-08-02 | 36.93% |
| 2015-05-03 | 31.03% |
| 2015-02-01 | 21.78% |
| 2014-11-02 | 51.34% |
| 2014-08-03 | 33.16% |
| 2014-05-04 | 53.90% |
| 2014-02-02 | 204.81% |
| 2013-11-03 | 198.60% |
| 2012-10-28 | 75.53% |
| 2012-07-29 | 24.66% |
| 2012-04-29 | 13.20% |
| 2012-01-29 | 15.16% |
| 2011-10-30 | 27.35% |
| 2011-07-31 | 100.00% |
| 2010-08-01 | 85.55% |
| 2010-05-02 | 19.87% |
| 2010-01-31 | 12.07% |
| 2009-11-01 | 12.67% |
| 2009-08-02 | 16.85% |
| 2009-05-03 | 47.13% |
| 2009-02-01 | 305.62% |
| 2008-11-02 | 48.12% |
| 2008-08-03 | 24.25% |
| 2008-05-04 | 15.65% |
| 2008-02-03 | 12.07% |
| 2007-10-28 | 9.96% |
| 2006-11-30 | 20.42% |
| 2006-08-31 | 41.24% |
| 2006-05-31 | 48.65% |
| 2006-02-28 | 17.46% |
| 2005-11-30 | 20.49% |
| 2005-08-31 | 30.56% |
| 2005-05-31 | 50.97% |
| 2005-02-28 | 36.32% |
| 2004-11-30 | 74.35% |
| 2004-08-31 | 15.80% |
| 2004-05-31 | 7.13% |
| 2004-02-29 | 6.98% |
| 2003-11-30 | 6.44% |
| 2003-08-31 | 19.95% |
| 2023 |
| ($25.92M) |
| $9.60M |
| N/A (Loss) |
| 2022 | $12.52M | $8.82M | 70.5% |
| 2021 | $67.05M | $7.84M | 11.7% |
| 2020 | $36.30M | $7.21M | 19.9% |
| 2019 | $4.45M | $6.71M | 150.9% |
| 2018 | $24.58M | $5.82M | 23.7% |
| 2017 | $28.79M | $4.85M | 16.9% |
| 2016 | $20.19M | $4.32M | 21.4% |
| 2015 | $19.77M | $4.31M | 21.8% |
| 2014 | $2.10M | $4.30M | 204.8% |
| 2013 | ($7.39M) | $5.39M | N/A (Loss) |
| 2012 | $28.47M | $4.32M | 15.2% |
| 2011 | ($18.05M) | $4.31M | N/A (Loss) |
| 2010 | $35.75M | $4.31M | 12.1% |
| 2009 | $1.46M | $4.46M | 305.6% |
| 2008 | $41.72M | $5.04M | 12.1% |
| 2006 | $18.06M | $3.69M | 20.4% |
| 2005 | $16.03M | $3.29M | 20.5% |
| 2004 | $3.75M | $2.79M | 74.4% |
| 2003 | $38.13M | $2.46M | 6.4% |
| 2002 | ($0.39M) | $1.87M | N/A (Loss) |
| 2001 | $11.66M | $2.26M | 19.4% |
| 2000 | $4.37M | $2.48M | 56.8% |
| 1999 | $4.64M | $2.29M | 49.4% |
| 1998 | $3.65M | $2.15M | 59.0% |
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.
