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 24.70% is 20% above its 2-year average of 20.54%, near the high end of its 2-year range (5.69%–28.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.72% below its 12-month average of 25.65%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 24.70%.
FCF PAYOUT RATIO
24.70%
FCF PAYOUT RATIO AVG TTM
25.65%
FCF PAYOUT RATIO AVG 3Y
20.54%
FCF PAYOUT RATIO AVG 5Y
20.54%
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
-3.72%
CURRENT VS 3Y AVG
+20.28%
CURRENT VS 5Y AVG
+20.28%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
24.7%
Earnings Payout Ratio
25.3%
Dividend Yield
0.86%
FCF Yield
3.34%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $68.45M | $17.46M | 25.5% |
| 2024 | $72.06M | $8.33M | 11.6% |
| 2023 | $57.96M | $0 | 0.0% |
| 2022 | $19.94M | $0 | 0.0% |
| 2021 | ($37.97M) | $0 | N/A (Loss) |
| 2020 | ($38.68M) | $2.44M |
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 | 24.70% |
| 2026-03-31 | 28.33% |
| 2025-12-31 | 25.52% |
| 2025-09-30 | 24.80% |
| 2025-06-30 | 24.92% |
| 2025-03-31 | 18.76% |
| 2024-12-31 | 11.56% |
| 2024-09-30 | 5.69% |
| 2019-03-31 | 107.05% |
| 2018-12-31 | 88.51% |
| 2018-09-30 | 110.90% |
| 2018-06-30 | 102.92% |
| 2018-03-31 | 88.64% |
| 2017-12-31 | 90.30% |
| N/A (Loss) |
| 2019 | ($9.76M) | $4.26M | N/A (Loss) |
| 2018 | $27.40M | $15.69M | 57.3% |
| 2017 | $67.44M | $60.89M | 90.3% |
| 2016 | $73.57M | $70.35M | 95.6% |
