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 179.65% is 73% above its 5-year average of 104.12%, near the high end of its 5-year range (28.31%–206.84%).
As of the fiscal period ended Sunday, June 28, 2026. 42.39% above its 12-month average of 126.17%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-28): 179.65%.
FCF PAYOUT RATIO
179.65%
FCF PAYOUT RATIO AVG TTM
126.17%
FCF PAYOUT RATIO AVG 3Y
109.00%
FCF PAYOUT RATIO AVG 5Y
104.12%
FCF PAYOUT RATIO AVG 10Y
77.14%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+42.39%
CURRENT VS 3Y AVG
+64.82%
CURRENT VS 5Y AVG
+72.55%
CURRENT VS 10Y AVG
+132.90%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
179.7%
Earnings Payout Ratio
174.7%
Dividend Yield
7.03%
FCF Yield
5.31%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $61.30M | $61.14M | 99.7% |
| 2024 | $34.15M | $60.56M | 177.3% |
| 2023 | $116.44M | $58.45M | 50.2% |
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 |
|---|---|
| 2026-06-28 | 179.65% |
| 2026-03-29 | 170.70% |
| 2025-12-28 | 99.73% |
| 2025-09-28 | 75.65% |
| 2025-06-29 | 105.11% |
| 2025-03-30 | 111.67% |
| 2024-12-31 | 177.34% |
| 2024-09-29 | 121.95% |
| 2024-06-30 | 85.65% |
| 2024-03-31 | 63.36% |
| 2023-12-31 | 50.20% |
| 2023-09-24 | 66.95% |
| 2023-06-25 | 69.60% |
| 2023-03-26 | 121.72% |
| 2022-12-31 | 138.94% |
| 2022-06-26 | 206.84% |
| 2022-03-27 | 64.61% |
| 2021-12-31 | 40.26% |
| 2021-09-26 | 28.31% |
| 2021-06-27 | 23.39% |
| 2021-03-28 | 24.10% |
| 2020-12-31 | 28.52% |
| 2020-09-27 | 29.26% |
| 2020-06-28 | 48.08% |
| 2020-03-29 | 85.80% |
| 2019-12-31 | 160.46% |
| 2019-03-31 | 727.18% |
| 2018-12-31 | 94.21% |
| 2018-09-30 | 37.65% |
| 2018-07-01 | 35.13% |
| 2018-04-01 | 37.80% |
| 2017-12-31 | 37.29% |
| 2017-09-24 | 36.37% |
| 2017-06-25 | 34.76% |
| 2017-03-26 | 28.33% |
| 2016-12-31 | 31.52% |
| 2016-09-25 | 26.08% |
| 2016-06-26 | 24.23% |
| 2016-03-27 | 23.92% |
| 2015-12-31 | 20.47% |
| 2015-09-27 | 19.63% |
| 2015-06-28 | 20.92% |
| 2015-03-29 | 24.19% |
| 2014-12-31 | 29.38% |
| 2014-09-28 | 35.00% |
| 2014-06-29 | 37.07% |
| 2014-03-30 | 32.41% |
| 2013-12-31 | 21.33% |
| 2013-09-29 | 18.23% |
| 2022 |
| $39.42M |
| $54.77M |
| 138.9% |
| 2021 | $116.12M | $46.75M | 40.3% |
| 2020 | $150.79M | $43.01M | 28.5% |
| 2019 | $24.04M | $38.57M | 160.5% |
| 2018 | $30.77M | $28.98M | 94.2% |
| 2017 | $82.38M | $30.72M | 37.3% |
| 2016 | $88.50M | $27.90M | 31.5% |
| 2015 | $121.34M | $24.84M | 20.5% |
| 2014 | $73.98M | $21.73M | 29.4% |
| 2013 | $50.61M | $10.80M | 21.3% |
| 2012 | $61.75M | $0 | 0.0% |
| 2011 | $71.69M | $0 | 0.0% |
| 2010 | $57.97M | $0 | 0.0% |
| 2009 | $67.38M | $0 | 0.0% |
| 2008 | $43.79M | $0 | 0.0% |
| 2007 | $30.44M | $0 | 0.0% |
| 2006 | $46.25M | $0 | 0.0% |
| 2005 | $66.74M | $0 | 0.0% |
| 2004 | $20.83M | $0 | 0.0% |
| 2003 | $68.53M | $0 | 0.0% |
| 2002 | $76.75M | $0 | 0.0% |
| 2001 | $64.91M | $0 | 0.0% |
| 2000 | $17.28M | $0 | 0.0% |
| 1999 | $4.40M | $0 | 0.0% |
| 1998 | ($5.80M) | $0 | N/A (Loss) |
| 1997 | $1.60M | $0 | 0.0% |
| 1996 | $1.00M | $0 | 0.0% |
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.
