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 17.32% is in line with its 5-year average of 17.84%, near the low end of its 5-year range (11.09%–332.34%).
As of the fiscal period ended Sunday, June 28, 2026. 4.86% below its 12-month average of 18.21%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q1 FY2027 (2026-06-28): 17.32%.
FCF PAYOUT RATIO
17.32%
FCF PAYOUT RATIO AVG TTM
18.21%
FCF PAYOUT RATIO AVG 3Y
16.25%
FCF PAYOUT RATIO AVG 5Y
17.84%
FCF PAYOUT RATIO AVG 10Y
27.35%
FCF PAYOUT RATIO AVG 15Y
35.65%
FCF PAYOUT RATIO AVG 20Y
40.72%
CURRENT VS TTM AVG
-4.86%
CURRENT VS 3Y AVG
+6.62%
CURRENT VS 5Y AVG
-2.92%
CURRENT VS 10Y AVG
-36.67%
CURRENT VS 15Y AVG
-51.42%
CURRENT VS 20Y AVG
-57.46%
FCF Payout Ratio TTM
17.3%
Earnings Payout Ratio
19.9%
Dividend Yield
0.58%
FCF Yield
3.30%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $86.09M | $15.66M | 18.2% |
| 2025 | $70.00M | $14.63M | 20.9% |
| 2024 | $119.35M | $13.24M | 11.1% |
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 |
|---|---|
| 2026-06-28 | 17.32% |
| 2026-03-29 | 18.20% |
| 2025-12-28 | 17.61% |
| 2025-09-28 | 19.35% |
| 2025-06-29 | 18.55% |
| 2025-03-30 | 20.91% |
| 2024-12-29 | 17.75% |
| 2024-09-29 | 16.95% |
| 2024-06-30 | 13.53% |
| 2024-03-31 | 11.09% |
| 2023-12-31 | 12.28% |
| 2023-10-01 | 11.85% |
| 2023-07-02 | 15.83% |
| 2023-04-02 | 41.27% |
| 2023-01-01 | 332.34% |
| 2022-04-03 | 77.18% |
| 2021-12-26 | 32.82% |
| 2021-09-26 | 23.61% |
| 2021-06-27 | 26.05% |
| 2021-03-28 | 43.61% |
| 2020-12-27 | 44.63% |
| 2020-09-27 | 29.63% |
| 2020-06-28 | 32.70% |
| 2020-03-29 | 28.60% |
| 2019-12-29 | 26.41% |
| 2019-09-29 | 35.18% |
| 2019-06-30 | 30.52% |
| 2019-03-31 | 33.85% |
| 2018-12-30 | 28.09% |
| 2018-09-30 | 31.93% |
| 2018-07-01 | 30.72% |
| 2018-04-01 | 119.81% |
| 2017-12-31 | 163.15% |
| 2017-04-02 | 37.36% |
| 2017-01-01 | 42.04% |
| 2016-10-02 | 44.25% |
| 2016-07-03 | 48.09% |
| 2016-04-03 | 67.96% |
| 2015-12-27 | 141.48% |
| 2015-09-27 | 59.28% |
| 2015-06-28 | 75.24% |
| 2015-03-29 | 128.58% |
| 2014-12-28 | 52.81% |
| 2014-09-28 | 43.83% |
| 2014-06-29 | 32.89% |
| 2014-03-30 | 33.15% |
| 2013-12-29 | 55.65% |
| 2013-09-29 | 130.35% |
| 2013-03-31 | 78.69% |
| 2012-12-30 | 41.00% |
| 2012-09-30 | 34.85% |
| 2012-07-01 | 33.62% |
| 2012-04-01 | 47.10% |
| 2012-01-01 | 103.62% |
| 2011-10-02 | 71.90% |
| 2011-07-03 | 39.33% |
| 2011-04-03 | 43.48% |
| 2010-12-31 | 29.28% |
| 2010-09-30 | 34.60% |
| 2010-06-30 | 29.27% |
| 2010-03-28 | 21.59% |
| 2009-12-31 | 17.29% |
| 2009-09-30 | 16.90% |
| 2009-06-30 | 30.06% |
| 2009-03-29 | 50.16% |
| 2008-09-30 | 150.82% |
| 2008-06-30 | 97.47% |
| 2008-03-30 | 73.30% |
| 2007-12-31 | 144.22% |
| 2007-09-30 | 47.32% |
| 2007-06-30 | 61.63% |
| 2007-04-01 | 105.82% |
| 2006-12-31 | 58.81% |
| 2006-09-30 | 170.21% |
| 2006-06-30 | 128.56% |
| 2006-04-02 | 155.01% |
| 2005-12-31 | 607.86% |
| 2005-09-30 | 207.35% |
| 2005-06-30 | 209.89% |
| 2005-04-03 | 55.05% |
| 2004-12-31 | 114.25% |
| 2004-09-30 | 121.15% |
| 2004-06-30 | 92.12% |
| 2004-03-28 | 149.39% |
| 2003-12-31 | 51.06% |
| 2003-09-30 | 50.58% |
| 2003-06-30 | 35.37% |
| 2023 |
| $29.08M |
| $12.00M |
| 41.3% |
| 2022 | $14.32M | $11.06M | 77.2% |
| 2021 | $23.00M | $10.03M | 43.6% |
| 2020 | $34.35M | $9.82M | 28.6% |
| 2019 | $35.37M | $11.97M | 33.9% |
| 2018 | $7.65M | $9.16M | 119.8% |
| 2017 | $23.24M | $8.68M | 37.4% |
| 2016 | $12.15M | $8.26M | 68.0% |
| 2015 | $6.11M | $7.86M | 128.6% |
| 2014 | $22.35M | $7.41M | 33.2% |
| 2013 | $8.81M | $6.94M | 78.7% |
| 2012 | $13.63M | $6.42M | 47.1% |
| 2011 | $16.11M | $7.00M | 43.5% |
| 2010 | $30.45M | $6.57M | 21.6% |
| 2009 | $10.22M | $5.13M | 50.2% |
| 2008 | $6.43M | $4.71M | 73.3% |
| 2007 | $4.04M | $4.27M | 105.7% |
| 2006 | $2.51M | $3.89M | 155.0% |
| 2005 | $6.69M | $3.69M | 55.1% |
| 2004 | $2.51M | $3.68M | 146.3% |
| 2003 | $12.24M | $3.07M | 25.0% |
| 2001 | $2.89M | $3.12M | 107.7% |
| 2000 | $2.48M | $3.11M | 125.5% |
| 1999 | $11.40M | $2.80M | 24.6% |
| 1998 | $1.10M | $2.20M | 200.0% |
| 1997 | $1.70M | $1.90M | 111.8% |
| 1996 | $2.90M | $1.60M | 55.2% |
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.
