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 130.80% is 100% above its 5-year average of 65.48%, around the middle of its 5-year range (42.21%–206.58%).
As of the fiscal period ended Thursday, June 25, 2026. 60.87% above its 12-month average of 81.31%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q4 FY2026 (2026-06-25): 130.80%.
FCF PAYOUT RATIO
130.80%
FCF PAYOUT RATIO AVG TTM
81.31%
FCF PAYOUT RATIO AVG 3Y
75.67%
FCF PAYOUT RATIO AVG 5Y
65.48%
FCF PAYOUT RATIO AVG 10Y
90.78%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+60.87%
CURRENT VS 3Y AVG
+72.85%
CURRENT VS 5Y AVG
+99.77%
CURRENT VS 10Y AVG
+44.09%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
130.8%
Earnings Payout Ratio
85.5%
Dividend Yield
6.61%
FCF Yield
4.53%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $35.75M | $46.76M | 130.8% |
| 2025 | ($20.17M) | $24.40M | N/A (Loss) |
| 2024 | $73.36M | $34.80M | 47.4% |
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 |
|---|---|
| 2026-06-25 | 130.80% |
| 2026-03-26 | 59.73% |
| 2025-12-25 | 53.39% |
| 2024-12-26 | 206.58% |
| 2024-09-26 | 66.09% |
| 2024-06-27 | 47.43% |
| 2024-03-28 | 42.21% |
| 2023-12-28 | 42.83% |
| 2023-09-28 | 54.82% |
| 2023-06-29 | 52.86% |
| 2023-03-30 | 44.68% |
| 2022-12-29 | 68.22% |
| 2022-09-29 | 84.39% |
| 2021-12-23 | 180.67% |
| 2021-09-23 | 103.73% |
| 2021-06-24 | 72.26% |
| 2021-03-25 | 80.68% |
| 2020-12-24 | 77.85% |
| 2020-09-24 | 145.00% |
| 2020-06-25 | 141.47% |
| 2020-03-26 | 92.29% |
| 2019-12-26 | 74.18% |
| 2019-09-26 | 44.68% |
| 2019-06-27 | 42.52% |
| 2019-03-28 | 48.74% |
| 2018-12-27 | 71.86% |
| 2018-09-27 | 67.17% |
| 2018-06-28 | 53.60% |
| 2018-03-29 | 106.29% |
| 2017-12-28 | 166.31% |
| 2017-09-28 | 370.93% |
| 2017-06-29 | 216.46% |
| 2017-03-30 | 149.11% |
| 2016-12-29 | 134.95% |
| 2016-09-29 | 92.83% |
| 2016-06-30 | 60.58% |
| 2016-03-24 | 82.55% |
| 2015-12-24 | 94.68% |
| 2015-09-24 | 326.72% |
| 2014-12-25 | 411.02% |
| 2014-09-25 | 163.36% |
| 2014-03-27 | 871.34% |
| 2013-09-26 | 45.02% |
| 2013-06-27 | 38.15% |
| 2013-03-28 | 31.81% |
| 2023 |
| $103.92M |
| $54.93M |
| 52.9% |
| 2022 | $1.85M | $34.53M | n/m |
| 2021 | $79.52M | $57.46M | 72.3% |
| 2020 | $48.59M | $68.74M | 141.5% |
| 2019 | $68.38M | $29.07M | 42.5% |
| 2018 | $52.92M | $28.37M | 53.6% |
| 2017 | $41.78M | $56.46M | 135.1% |
| 2016 | $74.23M | $22.49M | 30.3% |
| 2015 | ($0.46M) | $16.76M | N/A (Loss) |
| 2014 | $2.02M | $16.60M | 820.9% |
| 2013 | $28.55M | $10.89M | 38.1% |
| 2012 | $8.37M | $0 | 0.0% |
| 2011 | $2.04M | $0 | 0.0% |
| 2010 | $33.44M | $0 | 0.0% |
| 2009 | $37.50M | $0 | 0.0% |
| 2008 | $18.05M | $0 | 0.0% |
| 2007 | ($13.89M) | $0 | N/A (Loss) |
| 2006 | $30.71M | $0 | 0.0% |
| 2005 | ($121.12M) | $0 | N/A (Loss) |
| 2004 | $9.08M | $0 | 0.0% |
| 2003 | ($0.52M) | $0 | N/A (Loss) |
| 2002 | $19.81M | $0 | 0.0% |
| 2001 | $10.14M | $0 | 0.0% |
| 2000 | $2.57M | $0 | 0.0% |
| 1999 | $16.20M | $0 | 0.0% |
| 1998 | ($24.10M) | $0 | N/A (Loss) |
| 1997 | $5.50M | $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.
