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 107.20% is 116% above its 5-year average of 49.73%, near the low end of its 5-year range (10.00%–994.70%).
As of the fiscal period ended Saturday, July 4, 2026. 65.11% below its 12-month average of 307.25%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
107.20%
FCF PAYOUT RATIO AVG TTM
307.25%
FCF PAYOUT RATIO AVG 3Y
78.92%
FCF PAYOUT RATIO AVG 5Y
49.73%
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
-65.11%
CURRENT VS 3Y AVG
+35.83%
CURRENT VS 5Y AVG
+115.58%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
107.2%
Earnings Payout Ratio
20500.0%
Dividend Yield
0.86%
FCF Yield
0.78%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $96.36M | $54.06M | 56.1% |
| 2024 | $14.89M | $44.16M | 296.6% |
| 2023 | $129.00M | $42.04M | 32.6% |
| 2022 | $367.20M | $39.36M | 10.7% |
| 2021 | $277.26M | $33.45M | 12.1% |
| 2020 | $82.69M | $30.23M | 36.6% |
| 2019 | $54.23M | $31.57M | 58.2% |
| 2018 | $103.00M | $8.18M | 7.9% |
| 2017 | $110.72M | $0 | 0.0% |
| 2016 | $62.19M | $0 | 0.0% |
| 2015 | $77.61M | $0 | 0.0% |
| 2014 | $72.32M | $0 | 0.0% |
| 2013 | $77.65M | $0 | 0.0% |
| 2012 | $175.57M | $0 | 0.0% |
| 2011 | $192.71M | $0 | 0.0% |
| 2010 | $79.53M | $0 | 0.0% |
| 2009 | ($145.82M) | $0 | N/A (Loss) |
| 2008 | $20.21M | $0 | 0.0% |
| 2007 | $26.00M | $0 | 0.0% |
| 2006 | $53.81M | $0 | 0.0% |
| 2005 | ($10.47M) | $0 | N/A (Loss) |
| 2004 | $61.45M | $0 | 0.0% |
| 2003 | ($40.08M) | $0 | N/A (Loss) |
| 2002 | ($92.39M) | $0 | N/A (Loss) |
| 2001 | $23.23M | $0 | 0.0% |
| 2000 | $95.79M | $0 | 0.0% |
| 1999 | ($48.80M) | $0 | N/A (Loss) |
| 1998 | $5.60M | $0 | 0.0% |
| 1997 | $26.70M | $0 | 0.0% |
| 1996 | $20.90M | $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.
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 |
|---|---|
| 2026-07-04 | 107.20% |
| 2026-04-04 | 994.70% |
| 2026-01-03 | 71.00% |
| 2025-10-04 | 56.11% |
| 2025-06-28 | 36.06% |
| 2025-03-29 | 31.38% |
| 2024-12-28 | 125.18% |
| 2024-09-28 | 296.61% |
| 2024-06-29 | 81.39% |
| 2024-03-30 | 154.85% |
| 2023-12-30 | 93.48% |
| 2023-09-30 | 32.59% |
| 2023-07-01 | 25.05% |
| 2023-04-01 | 15.25% |
| 2022-12-31 | 11.71% |
| 2022-09-30 | 10.72% |
| 2022-07-02 | 10.00% |
| 2022-04-02 | 10.07% |
| 2022-01-01 | 10.97% |
| 2021-09-30 | 12.07% |
| 2021-07-03 | 17.16% |
| 2021-04-03 | 24.85% |
| 2021-01-02 | 26.45% |
| 2020-09-30 | 36.56% |
| 2020-06-27 | 85.70% |
| 2020-03-28 | 264.70% |
| 2019-12-28 | 127.95% |
| 2019-09-30 | 58.21% |
| 2019-06-29 | 24.19% |
| 2019-03-30 | 11.97% |
| 2018-12-29 | 7.29% |
