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 63.49% is 48% below its 4-year average of 122.72%, near the low end of its 4-year range (56.17%–278.65%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.42% below its 12-month average of 67.13%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 63.49%.
FCF PAYOUT RATIO
63.49%
FCF PAYOUT RATIO AVG TTM
67.13%
FCF PAYOUT RATIO AVG 3Y
69.18%
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
-5.42%
CURRENT VS 3Y AVG
-8.22%
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
63.5%
Earnings Payout Ratio
71.0%
Dividend Yield
1.47%
FCF Yield
2.30%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $17.18M | $15.04M | 87.5% |
| 2024 | $17.62M | $13.68M | 77.6% |
| 2023 | $5.46M | $13.22M | 242.3% |
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 | 63.49% |
| 2026-03-31 | 64.05% |
| 2025-12-31 | 89.49% |
| 2025-09-30 | 58.67% |
| 2025-06-30 | 59.96% |
| 2025-03-31 | 56.17% |
| 2024-12-31 | 81.38% |
| 2024-09-30 | 68.64% |
| 2024-06-30 | 75.93% |
| 2024-03-31 | 74.04% |
| 2023-12-31 | 242.27% |
| 2023-09-30 | 278.65% |
| 2023-06-30 | 184.32% |
| 2023-03-31 | 251.61% |
| 2022-12-31 | 153.77% |
| 2022-09-30 | 142.94% |
| 2022-06-30 | 146.69% |
| 2022-03-31 | 116.84% |
| 2022 |
| $8.17M |
| $12.56M |
| 153.8% |
| 2021 | $10.52M | $0 | 0.0% |
| 2020 | $5.18M | $0 | 0.0% |
| 2019 | $9.75M | $0 | 0.0% |
| 2018 | $7.11M | $0 | 0.0% |
| 2017 | $2.59M | $0 | 0.0% |
| 2016 | $7.88M | $0 | 0.0% |
| 2015 | $7.33M | $0 | 0.0% |
| 2014 | $1.98M | $0 | 0.0% |
| 2013 | $1.28M | $0 | 0.0% |
| 2012 | $1.35M | $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.
