Basis: Trailing twelve months (TTM). 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 3788.84% is 18285% above its 5-year average of 20.61%, near the high end of its 5-year range (4.83%–3788.84%).
48788.86% above its 12-month average of 7.75%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q1 FY2026 (2026-03-31): 8.53%.
FCF PAYOUT RATIO
3788.84%
FCF PAYOUT RATIO AVG TTM
7.75%
FCF PAYOUT RATIO AVG 3Y
10.39%
FCF PAYOUT RATIO AVG 5Y
20.61%
FCF PAYOUT RATIO AVG 10Y
11.48%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+48788.86%
CURRENT VS 3Y AVG
+36369.49%
CURRENT VS 5Y AVG
+18285.30%
CURRENT VS 10Y AVG
+32900.24%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
3788.8%
Earnings Payout Ratio
1630.4%
Dividend Yield
243.31%
FCF Yield
6.26%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $252.60M | $17.60M | 7.0% |
| 2024 | $247.80M | $0 | 0.0% |
| 2023 | $236.60M | $0 | 0.0% |
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 |
|---|---|
| 2026-03-31 | 8.53% |
| 2025-12-31 | 6.97% |
| 2023-06-30 | 4.83% |
| 2023-03-31 | 21.23% |
| 2022-12-31 | 16.80% |
| 2022-03-31 | 28.90% |
| 2021-09-30 | 64.75% |
| 2021-06-30 | 21.10% |
| 2021-03-31 | 12.37% |
| 2020-12-31 | 4.54% |
| 2020-09-30 | 2.42% |
| 2020-06-30 | 4.42% |
| 2020-03-31 | 9.56% |
| 2019-12-31 | 8.88% |
| 2019-09-30 | 10.19% |
| 2014-09-30 | 251.58% |
| 2014-06-30 | 421.76% |
| 2014-03-31 | 493.90% |
| 2013-12-31 | 536.24% |
| 2013-09-30 | 212.78% |
| 2013-06-30 | 283.96% |
| 2022 |
| $88.70M |
| $14.90M |
| 16.8% |
| 2021 | ($9.10M) | $43.00M | N/A (Loss) |
| 2020 | $315.00M | $14.30M | 4.5% |
| 2019 | $492.30M | $43.70M | 8.9% |
| 2018 | $411.80M | $0 | 0.0% |
| 2017 | $517.57M | $0 | 0.0% |
| 2016 | $537.91M | $0 | 0.0% |
| 2015 | $245.56M | $0 | 0.0% |
| 2014 | $252.48M | $0 | 0.0% |
| 2013 | $200.92M | $538.71M | 268.1% |
| 2012 | $258.18M | $200.00M | 77.5% |
| 2011 | $96.96M | $0 | 0.0% |
| 2010 | $190.89M | $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.
