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 221.46% is 311% above its 5-year average of 53.90%, near the high end of its 5-year range (0.02%–221.46%).
As of the fiscal period ended Monday, June 30, 2025. 68.37% above its 12-month average of 131.53%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2025 (2025-06-30): 221.46%.
FCF PAYOUT RATIO
221.46%
FCF PAYOUT RATIO AVG TTM
131.53%
FCF PAYOUT RATIO AVG 3Y
57.88%
FCF PAYOUT RATIO AVG 5Y
53.90%
FCF PAYOUT RATIO AVG 10Y
53.17%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+68.37%
CURRENT VS 3Y AVG
+282.63%
CURRENT VS 5Y AVG
+310.84%
CURRENT VS 10Y AVG
+316.48%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
221.5%
Earnings Payout Ratio
5.8%
Dividend Yield
0.70%
FCF Yield
N/A
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $6.29M | $67.20M | n/m |
| 2024 | $32.74M | $67.25M | 205.4% |
| 2023 | $98.77M | $16.69M | 16.9% |
| 2022 | $50.95M | $49.94M | 98.0% |
| 2021 | $150.04M | $54.04M | 36.0% |
| 2020 | $97.68M | $48.90M | 50.1% |
| 2019 | $66.68M | $44.03M | 66.0% |
| 2018 | $33.39M | $43.28M | 129.6% |
| 2017 | $92.20M | $32.12M | 34.8% |
| 2016 | $113.35M | $22.90M | 20.2% |
| 2015 | $42.28M | $20.77M | 49.1% |
| 2014 | $57.13M | $20.22M | 35.4% |
| 2013 | $36.36M | $19.90M | 54.7% |
| 2012 | $64.96M | $0 | 0.0% |
| 2011 | $49.34M | $0 | 0.0% |
| 2010 | ($16.33M) | $0 | N/A (Loss) |
| 2009 | $7.01M | $0 | 0.0% |
| 2008 | $66.92M | $0 | 0.0% |
| 2007 | $42.34M | $0 | 0.0% |
| 2006 | $9.97M | $0 | 0.0% |
| 2005 | $15.13M | $0 | 0.0% |
| 2004 | $6.27M | $0 | 0.0% |
| 2003 | $3.37M | $0 | 0.0% |
| 2002 | ($1.55M) | $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.
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 |
|---|---|
| 2025-06-30 | 221.46% |
| 2025-03-30 | 90.72% |
| 2024-12-31 | 205.39% |
| 2024-09-30 | 82.58% |
| 2024-06-30 | 57.48% |
| 2024-03-31 | 32.71% |
| 2023-12-31 | 16.90% |
| 2023-09-30 | 0.02% |
| 2023-06-30 | 19.28% |
| 2023-03-31 | 56.72% |
| 2022-12-31 | 98.02% |
| 2022-09-30 | 86.04% |
| 2022-06-30 | 96.21% |
| 2022-03-31 | 48.11% |
| 2021-12-31 | 36.01% |
| 2021-09-30 | 46.00% |
| 2021-06-30 | 43.50% |
| 2021-03-31 | 62.18% |
| 2020-12-31 | 50.06% |
| 2020-09-30 | 44.74% |
| 2020-06-30 | 56.92% |
| 2020-03-31 | 46.41% |
| 2019-12-31 | 66.03% |
| 2019-09-30 | 61.55% |
| 2019-06-30 | 121.53% |
| 2019-03-31 | 118.66% |
| 2018-12-31 | 129.81% |
| 2018-09-30 | 225.56% |
| 2018-06-30 | 45.37% |
| 2018-03-31 | 62.52% |
| 2017-12-31 | 34.84% |
| 2017-09-30 | 27.04% |
| 2017-06-30 | 21.68% |
| 2017-03-31 | 18.11% |
| 2016-12-31 | 20.20% |
| 2016-09-30 | 22.34% |
| 2016-06-30 | 40.49% |
| 2016-03-31 | 50.00% |
| 2015-12-31 | 49.29% |
| 2015-09-30 | 30.29% |
| 2015-06-30 | 30.28% |
| 2015-03-31 | 30.31% |
| 2014-12-31 | 35.40% |
| 2014-09-30 | 73.73% |
| 2014-06-30 | 73.81% |
| 2014-03-31 | 55.18% |
| 2013-12-31 | 54.73% |
| 2013-09-30 | 39.26% |
| 2013-06-30 | 14.72% |
| 2013-03-31 | 7.52% |
