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 5.17% is 30% below its 5-year average of 7.34%, near the low end of its 5-year range (5.17%–39.00%).
As of the fiscal period ended Tuesday, June 30, 2026. 29.67% below its 12-month average of 7.34%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 5.17%.
FCF PAYOUT RATIO
5.17%
FCF PAYOUT RATIO AVG TTM
7.34%
FCF PAYOUT RATIO AVG 3Y
7.19%
FCF PAYOUT RATIO AVG 5Y
7.34%
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
-29.67%
CURRENT VS 3Y AVG
-28.20%
CURRENT VS 5Y AVG
-29.61%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
5.2%
Earnings Payout Ratio
11.6%
Dividend Yield
0.68%
FCF Yield
12.95%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $120.21M | $10.36M | 8.6% |
| 2024 | $150.11M | $10.51M | 7.0% |
| 2023 | $130.05M | $10.54M | 8.1% |
| 2022 | $137.73M | $10.55M | 7.7% |
| 2021 | $90.27M | $10.56M | 11.7% |
| 2020 | $155.46M | $10.55M | 6.8% |
| 2019 | $64.54M | $10.54M | 16.3% |
| 2018 | $52.86M | $7.92M | 15.0% |
| 2017 | $102.68M | $0 | 0.0% |
| 2016 | $65.77M | $0 | 0.0% |
| 2015 | $63.64M | $0 | 0.0% |
| 2014 | $66.19M | $0 | 0.0% |
| 2013 | $66.87M | $0 | 0.0% |
| 2012 | $73.68M | $0 | 0.0% |
| 2011 | $49.29M | $0 | 0.0% |
| 2010 | $60.50M | $0 | 0.0% |
| 2009 | $40.05M | $0 | 0.0% |
| 2008 | $17.78M | $0 | 0.0% |
| 2007 | $41.66M | $0 | 0.0% |
| 2006 | $15.65M | $0 | 0.0% |
| 2005 | $0.87M | $0 | 0.0% |
| 2004 | $2.11M | $0 | 0.0% |
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 | 5.17% |
| 2026-03-31 | 6.83% |
| 2025-12-31 | 8.61% |
| 2025-09-30 | 7.38% |
| 2025-06-30 | 8.74% |
| 2025-03-31 | 8.14% |
| 2024-12-31 | 7.00% |
| 2024-09-30 | 6.45% |
| 2024-06-30 | 6.43% |
| 2024-03-31 | 7.63% |
| 2023-12-31 | 8.10% |
| 2023-09-30 | 5.98% |
| 2023-06-30 | 7.07% |
| 2023-03-31 | 8.24% |
| 2022-12-31 | 7.66% |
| 2022-09-30 | 39.00% |
| 2022-06-30 | 12.17% |
| 2022-03-31 | 14.01% |
| 2021-12-31 | 11.70% |
| 2021-09-30 | 8.41% |
| 2021-06-30 | 6.92% |
| 2021-03-31 | 5.97% |
| 2020-12-31 | 6.79% |
| 2020-09-30 | 6.54% |
| 2020-06-30 | 8.18% |
| 2020-03-31 | 16.26% |
| 2019-12-31 | 16.33% |
| 2019-09-30 | 24.10% |
| 2019-06-30 | 49.07% |
| 2019-03-31 | 25.29% |
| 2018-12-31 | 14.97% |
| 2018-09-30 | 14.79% |
| 2018-06-30 | 4.36% |
