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 35.54% is 23% above its 5-year average of 28.91%, around the middle of its 5-year range (17.29%–51.43%).
As of the fiscal period ended Tuesday, June 30, 2026. 26.78% above its 12-month average of 28.04%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 35.54%.
FCF PAYOUT RATIO
35.54%
FCF PAYOUT RATIO AVG TTM
28.04%
FCF PAYOUT RATIO AVG 3Y
29.55%
FCF PAYOUT RATIO AVG 5Y
28.91%
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
+26.78%
CURRENT VS 3Y AVG
+20.29%
CURRENT VS 5Y AVG
+22.94%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
35.5%
Earnings Payout Ratio
40.7%
Dividend Yield
1.26%
FCF Yield
3.50%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $11.99M | $3.37M | 28.1% |
| 2024 | $11.97M | $3.36M | 28.1% |
| 2023 | $10.52M | $3.34M | 31.7% |
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 | 35.54% |
| 2026-03-31 | 32.36% |
| 2025-12-31 | 28.12% |
| 2025-09-30 | 24.26% |
| 2025-06-30 | 19.89% |
| 2025-03-31 | 23.31% |
| 2024-12-31 | 29.13% |
| 2024-09-30 | 28.46% |
| 2024-06-30 | 34.39% |
| 2024-03-31 | 37.15% |
| 2023-12-31 | 32.42% |
| 2023-09-30 | 49.54% |
| 2023-06-30 | 51.43% |
| 2023-03-31 | 31.84% |
| 2022-12-31 | 21.50% |
| 2022-09-30 | 27.58% |
| 2022-06-30 | 24.23% |
| 2022-03-31 | 35.14% |
| 2021-12-31 | 20.18% |
| 2021-09-30 | 17.29% |
| 2021-06-30 | 25.87% |
| 2021-03-31 | 12.84% |
| 2020-12-31 | 14.63% |
| 2020-09-30 | 5.80% |
| 2020-03-31 | 8.34% |
| 2019-12-31 | 31.24% |
| 2019-09-29 | 316.96% |
| 2019-06-28 | 151.70% |
| 2019-03-29 | 89.41% |
| 2018-12-28 | 152.75% |
| 2018-09-28 | 32.80% |
| 2018-06-29 | 27.49% |
| 2018-03-30 | 32.12% |
| 2022 |
| $15.40M |
| $3.31M |
| 21.5% |
| 2021 | $15.41M | $3.14M | 20.4% |
| 2020 | $9.12M | $1.36M | 14.9% |
| 2019 | $4.45M | $0 | 0.0% |
| 2018 | $2.46M | $7.02M | 284.7% |
| 2017 | $4.64M | $1.17M | 25.3% |
| 2016 | ($0.09M) | $0 | N/A (Loss) |
| 2015 | $3.21M | $0 | 0.0% |
| 2014 | $7.51M | $0 | 0.0% |
| 2013 | $5.15M | $0 | 0.0% |
| 2012 | ($2.13M) | $0 | N/A (Loss) |
| 2011 | ($0.91M) | $0 | N/A (Loss) |
| 2010 | $2.49M | $0 | 0.0% |
| 2009 | ($1.45M) | $0 | N/A (Loss) |
| 2008 | ($0.00M) | $0 | N/A (Loss) |
| 2007 | ($6.48M) | $0 | N/A (Loss) |
| 2006 | ($3.13M) | $0 | N/A (Loss) |
| 2005 | ($0.27M) | $0 | N/A (Loss) |
| 2004 | $0.04M | $0 | 0.0% |
| 2003 | ($0.06M) | $0 | N/A (Loss) |
| 2002 | $0.00M | $0 | 0.0% |
| 2001 | ($0.15M) | $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.
