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 13.64% is 82% below its 4-year average of 77.68%, near the low end of its 4-year range (10.92%–217.27%).
As of the fiscal period ended Tuesday, December 31, 2019. 2.59% above its 12-month average of 13.29%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
13.64%
FCF PAYOUT RATIO AVG TTM
13.29%
FCF PAYOUT RATIO AVG 3Y
13.29%
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
+2.59%
CURRENT VS 3Y AVG
+2.59%
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
13.6%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
N/A
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | ($6.28M) | $0 | N/A (Loss) |
| 2024 | $10.24M | $0 | 0.0% |
| 2023 | $42.14M | $0 | 0.0% |
| 2022 | $2.02M | $0 | 0.0% |
| 2021 | ($5.57M) | $0 | N/A (Loss) |
| 2020 | $27.96M | $0 | 0.0% |
| 2019 | $44.81M | $0 | 0.0% |
| 2018 |
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 |
|---|---|
| 2019-12-31 | 13.64% |
| 2019-09-27 | 12.79% |
| 2019-06-28 | 15.83% |
| 2019-03-29 | 10.92% |
| 2016-06-30 | 114.11% |
| 2016-03-31 | 149.52% |
| 2015-12-31 | 87.38% |
| 2015-09-25 | 217.27% |
| $46.55M |
| $0 |
| 0.0% |
| 2017 | $30.43M | $0 | 0.0% |
| 2016 | $23.46M | $0 | 0.0% |
| 2015 | $25.32M | $22.13M | 87.4% |
| 2014 | $4.62M | $0 | 0.0% |
| 2013 | $9.19M | $0 | 0.0% |
