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 53.66% is 217% above its 4-year average of 16.90%, near the low end of its 4-year range (5.42%–718.75%).
As of the fiscal period ended Sunday, June 28, 2026. 165.09% above its 12-month average of 20.24%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-28): 53.66%.
FCF PAYOUT RATIO
53.66%
FCF PAYOUT RATIO AVG TTM
20.24%
FCF PAYOUT RATIO AVG 3Y
17.95%
FCF PAYOUT RATIO AVG 5Y
16.90%
FCF PAYOUT RATIO AVG 10Y
21.93%
FCF PAYOUT RATIO AVG 15Y
26.03%
FCF PAYOUT RATIO AVG 20Y
28.25%
CURRENT VS TTM AVG
+165.09%
CURRENT VS 3Y AVG
+199.01%
CURRENT VS 5Y AVG
+217.47%
CURRENT VS 10Y AVG
+144.66%
CURRENT VS 15Y AVG
+106.14%
CURRENT VS 20Y AVG
+89.96%
FCF Payout Ratio TTM
53.7%
Earnings Payout Ratio
N/A
Dividend Yield
1.90%
FCF Yield
3.73%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $114.10M | $11.00M | 9.6% |
| 2024 | $15.80M | $10.90M | 69.0% |
| 2023 | $61.40M | $11.00M | 17.9% |
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 |
|---|---|
| 2026-06-28 | 53.66% |
| 2026-03-29 | 16.47% |
| 2025-12-28 | 9.64% |
| 2025-09-28 | 10.98% |
| 2025-06-29 | 10.47% |
| 2025-03-30 | 16.57% |
| 2024-12-31 | 68.99% |
| 2024-09-29 | 25.23% |
| 2024-06-30 | 14.84% |
| 2024-03-31 | 21.76% |
| 2023-12-31 | 17.92% |
| 2023-10-01 | 22.40% |
| 2023-07-02 | 31.15% |
| 2023-04-02 | 718.75% |
| 2021-12-31 | 5.42% |
| 2020-12-31 | 1.76% |
| 2020-09-27 | 2.65% |
| 2020-06-28 | 4.79% |
| 2020-03-29 | 16.86% |
| 2019-12-31 | 14.48% |
| 2019-09-29 | 14.73% |
| 2019-06-30 | 15.19% |
| 2019-03-31 | 19.35% |
| 2018-12-31 | 32.96% |
| 2018-09-30 | 26.71% |
| 2018-07-01 | 35.67% |
| 2018-04-01 | 70.73% |
| 2017-12-31 | 24.89% |
| 2017-10-01 | 46.43% |
| 2017-07-02 | 46.61% |
| 2017-04-02 | 41.64% |
| 2016-12-31 | 42.29% |
| 2016-10-02 | 25.06% |
| 2016-07-03 | 11.34% |
| 2016-04-03 | 17.38% |
| 2015-12-31 | 116.67% |
| 2015-09-27 | 41.08% |
| 2014-06-29 | 950.00% |
| 2013-12-31 | 7.97% |
| 2013-09-29 | 17.76% |
| 2013-06-30 | 35.19% |
| 2013-03-31 | 22.82% |
| 2012-12-31 | 19.19% |
| 2012-09-30 | 50.33% |
| 2012-07-01 | 44.19% |
| 2012-04-01 | 18.45% |
| 2011-12-31 | 51.35% |
| 2009-09-27 | 11.85% |
| 2009-06-28 | 8.72% |
| 2009-03-29 | 15.04% |
| 2008-12-31 | 27.04% |
| 2008-09-28 | 25.80% |
| 2008-06-29 | 43.26% |
| 2008-03-30 | 49.30% |
| 2007-12-31 | 69.84% |
| 2007-09-30 | 34.99% |
| 2007-07-01 | 34.30% |
| 2007-04-01 | 24.48% |
| 2006-12-31 | 23.21% |
| 2006-10-01 | 54.60% |
| 2006-07-02 | 70.60% |
| 2005-10-02 | 285.63% |
| 2005-07-03 | 50.96% |
| 2005-04-03 | 32.38% |
| 2004-12-31 | 58.99% |
| 2004-09-26 | 56.68% |
| 2004-06-27 | 178.62% |
| 2004-03-28 | 493.48% |
| 2003-09-28 | 57.12% |
| 2003-06-29 | 36.84% |
| 2022 |
| ($88.30M) |
| $10.60M |
| N/A (Loss) |
| 2021 | $73.80M | $4.00M | 5.4% |
| 2020 | $170.50M | $3.00M | 1.8% |
| 2019 | $82.20M | $11.90M | 14.5% |
| 2018 | $35.80M | $11.80M | 33.0% |
| 2017 | $47.40M | $11.60M | 24.5% |
| 2016 | $25.30M | $10.70M | 42.3% |
| 2015 | $6.60M | $7.70M | 116.7% |
| 2014 | ($91.70M) | $7.60M | N/A (Loss) |
| 2013 | $95.30M | $7.60M | 8.0% |
| 2012 | $39.60M | $7.60M | 19.2% |
| 2011 | $3.70M | $3.80M | 102.7% |
| 2010 | $30.80M | $0 | 0.0% |
| 2009 | ($30.30M) | $0 | N/A (Loss) |
| 2008 | $70.46M | $19.05M | 27.0% |
| 2007 | $27.37M | $19.11M | 69.8% |
| 2006 | $70.74M | $16.42M | 23.2% |
| 2005 | ($7.76M) | $14.27M | N/A (Loss) |
| 2004 | $23.80M | $14.04M | 59.0% |
| 2003 | $0.37M | $14.14M | n/m |
| 2002 | $56.20M | $14.29M | 25.4% |
| 2001 | $90.49M | $30.41M | 33.6% |
| 2000 | $34.62M | $35.30M | 102.0% |
| 1999 | $32.10M | $34.00M | 105.9% |
| 1998 | $59.40M | $34.20M | 57.6% |
| 1997 | $108.10M | $33.20M | 30.7% |
| 1996 | ($50.10M) | $31.60M | 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.
