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 197.27% is 133% above its 5-year average of 84.66%, around the middle of its 5-year range (39.64%–472.70%).
As of the fiscal period ended Tuesday, June 30, 2026. 99.66% above its 12-month average of 98.80%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q4 FY2026 (2026-06-30): 197.27%.
FCF PAYOUT RATIO
197.27%
FCF PAYOUT RATIO AVG TTM
98.80%
FCF PAYOUT RATIO AVG 3Y
77.36%
FCF PAYOUT RATIO AVG 5Y
84.66%
FCF PAYOUT RATIO AVG 10Y
71.76%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+99.66%
CURRENT VS 3Y AVG
+155.01%
CURRENT VS 5Y AVG
+133.03%
CURRENT VS 10Y AVG
+174.91%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
197.3%
Earnings Payout Ratio
19.7%
Dividend Yield
1.29%
FCF Yield
0.66%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $9.87M | $19.46M | 197.3% |
| 2025 | $41.83M | $19.45M | 46.5% |
| 2024 | $46.36M | $19.44M | 41.9% |
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 |
|---|---|
| 2026-06-30 | 197.27% |
| 2026-03-31 | 152.38% |
| 2025-12-31 | 41.14% |
| 2025-09-30 | 56.73% |
| 2025-06-30 | 46.49% |
| 2025-03-31 | 39.64% |
| 2024-12-31 | 126.84% |
| 2024-09-30 | 47.80% |
| 2024-06-30 | 41.94% |
| 2024-03-31 | 48.19% |
| 2023-12-31 | 52.52% |
| 2023-09-30 | 472.70% |
| 2021-12-31 | 139.70% |
| 2021-09-30 | 92.20% |
| 2021-06-30 | 102.34% |
| 2021-03-31 | 115.54% |
| 2020-12-31 | 72.54% |
| 2020-09-30 | 62.99% |
| 2020-06-30 | 76.74% |
| 2020-03-31 | 53.54% |
| 2019-12-31 | 77.16% |
| 2019-09-30 | 179.68% |
| 2019-06-30 | 107.61% |
| 2019-03-31 | 103.97% |
| 2018-12-31 | 61.10% |
| 2018-09-30 | 34.38% |
| 2018-06-30 | 31.23% |
| 2018-03-31 | 29.14% |
| 2017-12-31 | 23.25% |
| 2017-09-30 | 25.69% |
| 2017-06-30 | 20.41% |
| 2017-03-31 | 17.87% |
| 2016-12-31 | 31.47% |
| 2016-09-30 | 58.51% |
| 2015-12-31 | 84.21% |
| 2015-09-30 | 63.01% |
| 2015-06-30 | 32.06% |
| 2015-03-31 | 108.27% |
| 2014-03-31 | 454.71% |
| 2023 |
| ($38.48M) |
| $19.44M |
| N/A (Loss) |
| 2022 | ($5.39M) | $19.44M | N/A (Loss) |
| 2021 | $18.99M | $19.43M | 102.3% |
| 2020 | $25.30M | $19.42M | 76.7% |
| 2019 | $17.28M | $18.59M | 107.6% |
| 2018 | $51.46M | $16.07M | 31.2% |
| 2017 | $77.50M | $15.83M | 20.4% |
| 2016 | $0.87M | $15.71M | n/m |
| 2015 | $48.65M | $15.60M | 32.1% |
| 2014 | ($20.56M) | $25.00M | N/A (Loss) |
| 2013 | ($19.53M) | $3.00M | N/A (Loss) |
| 2012 | $17.16M | $0 | 0.0% |
| 2011 | ($26.32M) | $50.00M | N/A (Loss) |
| 2007 | ($15.35M) | $0 | N/A (Loss) |
| 2006 | ($14.28M) | $0 | N/A (Loss) |
| 2005 | ($13.65M) | $0 | N/A (Loss) |
| 2004 | ($3.27M) | $0 | N/A (Loss) |
| 2003 | $26.15M | $0 | 0.0% |
| 2002 | ($13.27M) | $0 | N/A (Loss) |
| 2001 | $6.53M | $0 | 0.0% |
| 2000 | ($30.51M) | $0 | 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.
