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 21.18% is 57% below its 4-year average of 49.41%, near the low end of its 4-year range (13.63%–179.24%).
As of the fiscal period ended Tuesday, June 30, 2026. 31.40% below its 12-month average of 30.88%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 21.18%.
FCF PAYOUT RATIO
21.18%
FCF PAYOUT RATIO AVG TTM
30.88%
FCF PAYOUT RATIO AVG 3Y
59.59%
FCF PAYOUT RATIO AVG 5Y
49.41%
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
-31.40%
CURRENT VS 3Y AVG
-64.46%
CURRENT VS 5Y AVG
-57.13%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
21.2%
Earnings Payout Ratio
33.3%
Dividend Yield
2.97%
FCF Yield
11.58%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $47.24M | $16.30M | 34.5% |
| 2024 | ($3.74M) | $18.71M | N/A (Loss) |
| 2023 | $26.52M | $18.10M | 68.3% |
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 | 21.18% |
| 2026-03-31 | 24.28% |
| 2025-12-31 | 34.01% |
| 2025-09-30 | 44.03% |
| 2024-09-30 | 146.56% |
| 2024-06-30 | 37.66% |
| 2024-03-31 | 76.94% |
| 2023-12-31 | 68.26% |
| 2023-09-30 | 93.68% |
| 2023-06-30 | 49.33% |
| 2023-03-31 | 16.40% |
| 2022-12-31 | 13.63% |
| 2022-09-30 | 16.41% |
| 2022-06-30 | 179.24% |
| 2021-03-31 | 3.87% |
| 2020-12-31 | 3.03% |
| 2020-09-30 | 9.72% |
| 2020-06-30 | 55.08% |
| 2019-03-31 | 16.54% |
| 2018-12-31 | 10.05% |
| 2022 |
| $98.41M |
| $13.41M |
| 13.6% |
| 2021 | ($134.91M) | $5.54M | N/A (Loss) |
| 2020 | $17.91M | $0.54M | 3.0% |
| 2019 | ($12.53M) | $8.09M | N/A (Loss) |
| 2018 | $22.59M | $2.27M | 10.0% |
| 2017 | ($34.81M) | $1.00M | N/A (Loss) |
| 2016 | $8.96M | $0.10M | 1.1% |
| 2015 | ($46.05M) | $0.10M | N/A (Loss) |
| 2014 | ($32.98M) | $0.10M | N/A (Loss) |
| 2013 | ($60.63M) | $0.10M | N/A (Loss) |
| 2012 | ($81.49M) | $1.00M | 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.
