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 193.42% is 21% above its 1-year average of 159.84%, near the high end of its 1-year range (148.35%–193.42%).
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2021 (2021-06-30): 159.16%.
FCF PAYOUT RATIO
193.42%
FCF PAYOUT RATIO AVG TTM
N/A
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
N/A
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
193.4%
Earnings Payout Ratio
N/A
Dividend Yield
7.33%
FCF Yield
4.51%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | ($2.29M) | $0.97M | N/A (Loss) |
| 2024 | ($5.33M) | $0.90M | N/A (Loss) |
| 2023 | ($6.72M) | $0.81M | N/A (Loss) |
| 2022 | ($18.15M) | $0.79M | N/A (Loss) |
| 2021 | ($7.76M) | $0.71M | N/A (Loss) |
| 2020 | $0.65M | $1.12M | 172.0% |
| 2019 | ($1.03M) | $1.03M | 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 |
|---|---|
| 2021-06-30 | 159.16% |
| 2021-03-31 | 148.35% |
| 2020-12-31 | 172.01% |
| 2018 |
| ($2.96M) |
| $1.02M |
| N/A (Loss) |
| 2017 | ($1.46M) | $0.70M | N/A (Loss) |
| 2016 | ($2.24M) | $0.46M | N/A (Loss) |
| 2015 | ($0.67M) | $0.06M | N/A (Loss) |
| 2014 | ($0.71M) | $0 | N/A (Loss) |
| 2013 | ($5.05M) | $0 | N/A (Loss) |
| 2012 | $1.36M | $0 | 0.0% |
| 2011 | $0.92M | $0 | 0.0% |
| 2010 | $2.32M | $0 | 0.0% |
| 2009 | ($1.78M) | $0 | N/A (Loss) |
| 2008 | ($2.09M) | $0 | N/A (Loss) |
| 2007 | ($0.39M) | $0 | N/A (Loss) |
| 2006 | $1.79M | $0 | 0.0% |
| 2005 | $2.32M | $0 | 0.0% |
| 2004 | $0.25M | $0 | 0.0% |
| 2003 | $0.74M | $0 | 0.0% |
| 2002 | ($0.31M) | $0 | N/A (Loss) |
| 2001 | $0.07M | $0 | 0.0% |
| 2000 | ($0.70M) | $0 | N/A (Loss) |
| 1999 | ($0.89M) | $0 | N/A (Loss) |
| 1998 | ($0.30M) | $0 | N/A (Loss) |
| 1997 | ($2.70M) | $0 | N/A (Loss) |
| 1996 | ($1.20M) | $0 | N/A (Loss) |
