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 68.58% is 47% above its 1-year average of 46.64%, near the high end of its 1-year range (27.81%–68.58%).
As of the fiscal period ended Tuesday, April 7, 2026. 32.51% above its 12-month average of 51.75%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
68.58%
FCF PAYOUT RATIO AVG TTM
51.75%
FCF PAYOUT RATIO AVG 3Y
N/A
FCF PAYOUT RATIO AVG 5Y
N/A
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
+32.51%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
68.6%
Earnings Payout Ratio
N/A
Dividend Yield
2.43%
FCF Yield
5.42%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $323.00M | $90.00M | 27.9% |
| 2024 | $489.00M | $168.00M | 34.4% |
| 2023 | $147.00M | $447.00M | 304.1% |
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 |
|---|---|
| 2026-04-07 | 68.58% |
| 2025-12-31 | 55.11% |
| 2025-09-30 | 55.52% |
| 2025-06-30 | 27.81% |
| 2025-03-31 | 38.46% |
| 2024-12-31 | 34.36% |
