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 94.27% is 85% above its 5-year average of 50.99%, around the middle of its 5-year range (4.01%–244.82%).
As of the fiscal period ended Tuesday, June 30, 2026. 80.46% above its 12-month average of 52.24%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 94.27%.
FCF PAYOUT RATIO
94.27%
FCF PAYOUT RATIO AVG TTM
52.24%
FCF PAYOUT RATIO AVG 3Y
63.06%
FCF PAYOUT RATIO AVG 5Y
50.99%
FCF PAYOUT RATIO AVG 10Y
62.68%
FCF PAYOUT RATIO AVG 15Y
72.54%
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+80.46%
CURRENT VS 3Y AVG
+49.49%
CURRENT VS 5Y AVG
+84.87%
CURRENT VS 10Y AVG
+50.38%
CURRENT VS 15Y AVG
+29.96%
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
94.3%
Earnings Payout Ratio
76.1%
Dividend Yield
3.09%
FCF Yield
3.54%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $24.99M | $9.18M | 36.7% |
| 2024 | $17.04M | $9.39M | 55.1% |
| 2023 | $8.84M | $8.69M | 98.3% |
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 | 94.27% |
| 2026-03-31 | 40.98% |
| 2025-12-31 | 38.16% |
| 2025-09-30 | 43.03% |
| 2025-06-30 | 44.75% |
| 2025-03-31 | 58.25% |
| 2024-12-31 | 55.14% |
| 2024-09-30 | 37.21% |
| 2024-06-30 | 54.18% |
| 2024-03-31 | 65.06% |
| 2023-12-31 | 98.28% |
| 2023-09-30 | 127.39% |
| 2023-06-30 | 244.82% |
| 2022-12-31 | 96.61% |
| 2022-09-30 | 190.85% |
| 2022-06-30 | 28.39% |
| 2022-03-31 | 14.31% |
| 2021-12-31 | 11.20% |
| 2021-09-30 | 6.65% |
| 2021-06-30 | 4.01% |
| 2017-03-31 | 956.72% |
| 2016-12-31 | 929.29% |
| 2016-09-30 | 103.63% |
| 2016-06-30 | 104.03% |
| 2015-12-31 | 95.47% |
| 2015-09-30 | 56.92% |
| 2015-06-30 | 38.85% |
| 2015-03-31 | 52.63% |
| 2014-03-31 | 346.33% |
| 2013-12-31 | 274.89% |
| 2013-09-30 | 353.81% |
| 2013-06-30 | 451.26% |
| 2013-03-31 | 34.44% |
| 2012-12-31 | 38.19% |
| 2012-09-30 | 87.16% |
| 2012-06-30 | 55.85% |
| 2012-03-31 | 227.97% |
| 2022 |
| $7.72M |
| $7.46M |
| 96.6% |
| 2021 | $39.62M | $4.44M | 11.2% |
| 2020 | $42.79M | $0 | 0.0% |
| 2019 | $18.52M | $0 | 0.0% |
| 2018 | $15.13M | $0 | 0.0% |
| 2017 | $8.28M | $0 | 0.0% |
| 2016 | $8.30M | $0 | 0.0% |
| 2015 | $5.43M | $5.19M | 95.5% |
| 2014 | $4.84M | $0 | 0.0% |
| 2013 | $21.15M | $0 | 0.0% |
| 2012 | $8.91M | $0 | 0.0% |
| 2011 | ($0.82M) | $0 | N/A (Loss) |
| 2010 | $4.79M | $0 | 0.0% |
| 2009 | $2.82M | $0 | 0.0% |
| 2008 | $18.85M | $0 | 0.0% |
| 2007 | $5.68M | $0 | 0.0% |
| 2006 | ($0.10M) | $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.
