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 8.20% is 35% below its 5-year average of 12.65%, near the low end of its 5-year range (4.94%–148.76%).
As of the fiscal period ended Saturday, June 27, 2026. 80.09% below its 12-month average of 41.20%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q3 FY2026 (2026-06-27): 8.20%.
FCF PAYOUT RATIO
8.20%
FCF PAYOUT RATIO AVG TTM
41.20%
FCF PAYOUT RATIO AVG 3Y
24.92%
FCF PAYOUT RATIO AVG 5Y
12.65%
FCF PAYOUT RATIO AVG 10Y
21.28%
FCF PAYOUT RATIO AVG 15Y
27.24%
FCF PAYOUT RATIO AVG 20Y
33.79%
CURRENT VS TTM AVG
-80.09%
CURRENT VS 3Y AVG
-67.08%
CURRENT VS 5Y AVG
-35.18%
CURRENT VS 10Y AVG
-61.45%
CURRENT VS 15Y AVG
-69.89%
CURRENT VS 20Y AVG
-75.72%
FCF Payout Ratio TTM
8.2%
Earnings Payout Ratio
12.1%
Dividend Yield
0.76%
FCF Yield
9.22%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $39.60M | $12.27M | 31.0% |
| 2024 | $51.66M | $12.27M | 23.7% |
| 2023 | $92.82M | $12.26M | 13.2% |
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 |
|---|---|
| 2026-06-27 | 8.20% |
| 2026-03-28 | 8.11% |
| 2025-12-27 | 9.97% |
| 2025-09-27 | 30.99% |
| 2025-06-28 | 148.76% |
| 2025-03-29 | 57.12% |
| 2024-12-28 | 68.55% |
| 2024-09-28 | 23.75% |
| 2024-06-29 | 12.37% |
| 2024-03-30 | 15.85% |
| 2023-12-30 | 25.96% |
| 2023-09-30 | 13.21% |
| 2023-06-24 | 17.19% |
| 2023-03-25 | 12.07% |
| 2022-12-24 | 8.50% |
| 2022-09-30 | 5.57% |
| 2022-06-25 | 4.94% |
| 2022-03-26 | 5.07% |
| 2021-12-25 | 5.77% |
| 2021-09-30 | 7.62% |
| 2021-06-26 | 7.00% |
| 2021-03-27 | 8.44% |
| 2020-12-26 | 4.89% |
| 2020-09-30 | 5.72% |
| 2020-06-27 | 7.29% |
| 2020-03-28 | 8.43% |
| 2019-12-28 | 30.77% |
| 2019-09-30 | 26.14% |
| 2019-06-29 | 28.91% |
| 2019-03-30 | 28.42% |
| 2018-12-29 | 57.10% |
| 2018-09-30 | 120.92% |
| 2018-03-31 | 837.12% |
| 2017-12-30 | 60.91% |
| 2017-09-30 | 45.37% |
| 2017-06-24 | 30.75% |
| 2017-03-25 | 31.64% |
| 2016-12-24 | 29.91% |
| 2016-09-30 | 60.74% |
| 2016-06-25 | 74.04% |
| 2016-03-26 | 61.24% |
| 2015-12-26 | 27.23% |
| 2015-09-30 | 26.26% |
| 2015-06-27 | 18.35% |
| 2015-03-28 | 22.23% |
| 2014-12-27 | 40.35% |
| 2014-09-30 | 31.44% |
| 2014-06-28 | 36.71% |
| 2014-03-29 | 32.85% |
| 2013-12-28 | 54.13% |
| 2013-09-30 | 69.59% |
| 2013-06-29 | 166.75% |
| 2011-06-25 | 45.73% |
| 2011-03-26 | 95.75% |
| 2010-12-25 | 34.56% |
| 2010-09-30 | 43.26% |
| 2010-06-26 | 34.84% |
| 2010-03-27 | 37.88% |
| 2007-09-30 | 114.36% |
| 2007-03-31 | 90.84% |
| 2006-12-30 | 275.32% |
| 2006-06-24 | 189.45% |
| 2006-03-25 | 299.13% |
| 2005-12-24 | 147.22% |
| 2005-09-30 | 116.34% |
| 2005-06-25 | 59.59% |
| 2005-03-26 | 43.36% |
| 2004-12-25 | 56.42% |
| 2004-09-30 | 88.60% |
| 2022 |
| $219.89M |
| $12.26M |
| 5.6% |
| 2021 | $165.70M | $12.63M | 7.6% |
| 2020 | $227.35M | $13.01M | 5.7% |
| 2019 | $49.75M | $13.01M | 26.1% |
| 2018 | $10.75M | $13.00M | 120.9% |
| 2017 | $28.64M | $13.00M | 45.4% |
| 2016 | $21.39M | $12.99M | 60.7% |
| 2015 | $49.41M | $12.98M | 26.3% |
| 2014 | $46.01M | $14.46M | 31.4% |
| 2013 | $43.75M | $30.45M | 69.6% |
| 2012 | ($46.88M) | $15.36M | N/A (Loss) |
| 2011 | ($0.28M) | $15.44M | N/A (Loss) |
| 2010 | $33.26M | $15.47M | 46.5% |
| 2009 | ($38.11M) | $15.48M | N/A (Loss) |
| 2008 | ($159.16M) | $15.45M | N/A (Loss) |
| 2007 | $11.24M | $15.44M | 137.3% |
| 2006 | $4.95M | $15.41M | 311.6% |
| 2005 | $13.08M | $15.22M | 116.3% |
| 2004 | $16.61M | $14.72M | 88.6% |
| 2003 | ($20.10M) | $14.32M | N/A (Loss) |
| 2002 | $2.30M | $14.24M | 619.4% |
| 2001 | ($25.77M) | $14.14M | N/A (Loss) |
| 2000 | ($60.26M) | $14.12M | N/A (Loss) |
| 1999 | $7.20M | $14.00M | 194.4% |
| 1998 | ($84.50M) | $13.80M | N/A (Loss) |
| 1997 | ($77.10M) | $12.90M | N/A (Loss) |
| 1996 | ($65.00M) | $11.10M | 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.
