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 39.59% is 76% below its 5-year average of 165.16%, near the low end of its 5-year range (23.72%–780.00%).
As of the fiscal period ended Tuesday, June 30, 2026. 90.34% below its 12-month average of 409.80%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 39.59%.
FCF PAYOUT RATIO
39.59%
FCF PAYOUT RATIO AVG TTM
409.80%
FCF PAYOUT RATIO AVG 3Y
177.63%
FCF PAYOUT RATIO AVG 5Y
165.16%
FCF PAYOUT RATIO AVG 10Y
25.06%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-90.34%
CURRENT VS 3Y AVG
-77.71%
CURRENT VS 5Y AVG
-76.03%
CURRENT VS 10Y AVG
+57.98%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
39.6%
Earnings Payout Ratio
26.3%
Dividend Yield
1.03%
FCF Yield
2.82%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.00M | $7.80M | 780.0% |
| 2024 | ($1.60M) | $6.70M | N/A (Loss) |
| 2023 | $22.30M | $7.40M | 33.2% |
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 | 39.59% |
| 2025-12-31 | 780.00% |
| 2024-09-30 | 159.09% |
| 2024-06-30 | 34.20% |
| 2024-03-31 | 23.72% |
| 2023-12-31 | 29.15% |
| 2021-06-30 | 90.38% |
| 2021-03-31 | 5.81% |
| 2020-12-31 | 7.44% |
| 2020-09-30 | 7.83% |
| 2020-06-30 | 12.98% |
| 2020-03-31 | 35.64% |
| 2019-12-31 | 29.66% |
| 2019-09-30 | 27.63% |
| 2019-06-30 | 41.56% |
| 2019-03-31 | 108.06% |
| 2018-12-31 | 65.98% |
| 2018-03-31 | 28.05% |
| 2017-12-31 | 36.70% |
| 2017-09-30 | 20.19% |
| 2017-06-30 | 22.55% |
| 2017-03-31 | 17.07% |
| 2016-12-31 | 13.96% |
| 2016-09-30 | 13.10% |
| 2016-06-30 | 13.52% |
| 2016-03-31 | 31.16% |
| 2015-12-31 | 76.83% |
| 2015-03-31 | 38.41% |
| 2014-12-31 | 16.91% |
| 2014-09-30 | 8.31% |
| 2014-06-30 | 10.81% |
| 2022 |
| ($54.50M) |
| $6.40M |
| N/A (Loss) |
| 2021 | ($65.60M) | $7.00M | N/A (Loss) |
| 2020 | $43.00M | $3.20M | 7.4% |
| 2019 | $23.60M | $7.00M | 29.7% |
| 2018 | $9.70M | $6.40M | 66.0% |
| 2017 | $18.80M | $6.90M | 36.7% |
| 2016 | $44.40M | $6.20M | 14.0% |
| 2015 | $8.20M | $6.30M | 76.8% |
| 2014 | $27.80M | $4.70M | 16.9% |
| 2013 | $30.20M | $0 | 0.0% |
| 2012 | $26.26M | $0 | 0.0% |
| 2011 | $23.19M | $0 | 0.0% |
| 2010 | $63.11M | $0 | 0.0% |
| 2009 | $38.29M | $0 | 0.0% |
| 2008 | ($8.92M) | $0 | N/A (Loss) |
| 2007 | $9.59M | $0 | 0.0% |
| 2006 | ($14.69M) | $0 | N/A (Loss) |
| 2005 | $14.21M | $0 | 0.0% |
| 2004 | ($10.32M) | $0 | N/A (Loss) |
| 2003 | $2.44M | $0 | 0.0% |
| 2002 | $13.85M | $0 | 0.0% |
| 2001 | $9.84M | $0 | 0.0% |
| 2000 | ($0.94M) | $0 | N/A (Loss) |
| 1999 | ($88.80M) | $0 | N/A (Loss) |
| 1998 | ($59.30M) | $0 | N/A (Loss) |
| 1997 | ($25.90M) | $0 | N/A (Loss) |
| 1996 | ($7.90M) | $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.
