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 18.97% is 62% below its 5-year average of 50.04%, near the low end of its 5-year range (17.17%–259.08%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.45% below its 12-month average of 21.67%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 18.97%.
FCF PAYOUT RATIO
18.97%
FCF PAYOUT RATIO AVG TTM
21.67%
FCF PAYOUT RATIO AVG 3Y
24.55%
FCF PAYOUT RATIO AVG 5Y
50.04%
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
-12.45%
CURRENT VS 3Y AVG
-22.72%
CURRENT VS 5Y AVG
-62.09%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
19.0%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
18.02%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $245.60M | $74.28M | 30.2% |
| 2024 | $20.85M | $6.44M | 30.9% |
| 2023 | ($8.24M) | $5.21M | N/A (Loss) |
| 2022 | $35.97M | $51.23M | 142.4% |
| 2021 | $136.51M | $144.34M | 105.7% |
| 2020 | $25.48M | $59.05M |
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 |
|---|---|
| 2026-06-30 | 18.97% |
| 2026-03-31 | 18.65% |
| 2025-12-31 | 17.17% |
| 2025-09-30 | 25.50% |
| 2025-06-30 | 28.06% |
| 2025-03-31 | 19.19% |
| 2024-12-31 | 30.88% |
| 2024-09-30 | 24.41% |
| 2024-06-30 | 38.14% |
| 2022-12-31 | 253.44% |
| 2022-09-30 | 158.38% |
| 2022-06-30 | 97.89% |
| 2022-03-31 | 93.24% |
| 2021-12-31 | 80.08% |
| 2021-09-30 | 259.08% |
| 231.7% |
| 2019 | ($20.15M) | $18.90M | N/A (Loss) |
| 2018 | ($0.48M) | $0 | N/A (Loss) |
| 2017 | ($0.71M) | $0 | N/A (Loss) |
| 2016 | ($0.27M) | $0 | N/A (Loss) |
| 2015 | $0.04M | $0 | 0.0% |
| 2014 | $0.16M | $0 | 0.0% |
| 2013 | ($0.18M) | $0 | N/A (Loss) |
| 2012 | ($0.53M) | $0 | N/A (Loss) |
| 2011 | ($0.68M) | $0 | N/A (Loss) |
| 2010 | ($0.89M) | $0 | N/A (Loss) |
| 2009 | ($0.98M) | $0 | N/A (Loss) |
| 2008 | ($0.27M) | $0 | N/A (Loss) |
