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 32.49% is 119% above its 1-year average of 14.85%, near the high end of its 1-year range (4.93%–32.49%).
As of the fiscal period ended Saturday, March 31, 2007. 118.78% above its 12-month average of 14.85%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
32.49%
FCF PAYOUT RATIO AVG TTM
14.85%
FCF PAYOUT RATIO AVG 3Y
14.85%
FCF PAYOUT RATIO AVG 5Y
14.85%
FCF PAYOUT RATIO AVG 10Y
12.55%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+118.78%
CURRENT VS 3Y AVG
+118.78%
CURRENT VS 5Y AVG
+118.78%
CURRENT VS 10Y AVG
+158.87%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
32.5%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
4.25%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $232.19M | $0 | 0.0% |
| 2024 | $11.18M | $0 | 0.0% |
| 2023 | ($13.72M) | $0 | N/A (Loss) |
| 2022 | $90.43M | $0 | 0.0% |
| 2021 | $84.87M | $0 | 0.0% |
| 2020 | $130.81M | $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 |
|---|---|
| 2007-03-31 | 32.49% |
| 2006-12-31 | 7.13% |
| 2006-09-30 | 4.93% |
| 1999-12-31 | 18.25% |
| 1999-09-30 | 9.00% |
| 1999-06-30 | 5.23% |
| 1999-03-31 | 6.67% |
| 1998-12-31 | 28.57% |
| 1998-09-30 | 400.00% |
| 1997-09-30 | 5.94% |
| 1997-06-30 | 8.54% |
| 1997-03-31 | 11.32% |
| 1996-12-31 | 6.67% |
| 0.0% |
| 2019 | $7.07M | $0 | 0.0% |
| 2018 | $34.09M | $0 | 0.0% |
| 2017 | ($40.04M) | $0 | N/A (Loss) |
| 2016 | $29.12M | $0 | 0.0% |
| 2015 | ($3.60M) | $0 | N/A (Loss) |
| 2014 | $15.93M | $0 | 0.0% |
| 2013 | $52.34M | $0 | 0.0% |
| 2012 | ($7.25M) | $0 | N/A (Loss) |
| 2011 | ($11.95M) | $0 | N/A (Loss) |
| 2010 | $22.94M | $0 | 0.0% |
| 2009 | ($5.77M) | $0 | N/A (Loss) |
| 2008 | $10.82M | $0 | 0.0% |
| 2007 | ($9.39M) | $50.00M | N/A (Loss) |
| 2006 | $8.12M | $0 | 0.0% |
| 2005 | $16.11M | $0 | 0.0% |
| 2004 | $1.53M | $0 | 0.0% |
| 1999 | $4.89M | $0.89M | 18.2% |
| 1998 | $2.80M | $0.80M | 28.6% |
| 1997 | ($0.50M) | $0.70M | N/A (Loss) |
| 1996 | $9.00M | $0.60M | 6.7% |
| 1995 | ($0.80M) | $0.60M | N/A (Loss) |
| 1994 | $2.20M | $0.50M | 22.7% |
| 1993 | $2.40M | $0.50M | 20.8% |
| 1992 | $2.10M | $0.50M | 23.8% |
