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 2.53% is 88% below its 4-year average of 20.31%, near the low end of its 4-year range (2.53%–71.69%).
As of the fiscal period ended Tuesday, June 30, 2026. 64.29% below its 12-month average of 7.09%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 2.53%.
FCF PAYOUT RATIO
2.53%
FCF PAYOUT RATIO AVG TTM
7.09%
FCF PAYOUT RATIO AVG 3Y
22.75%
FCF PAYOUT RATIO AVG 5Y
20.31%
FCF PAYOUT RATIO AVG 10Y
9.04%
FCF PAYOUT RATIO AVG 15Y
8.27%
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-64.29%
CURRENT VS 3Y AVG
-88.87%
CURRENT VS 5Y AVG
-87.53%
CURRENT VS 10Y AVG
-71.99%
CURRENT VS 15Y AVG
-69.37%
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
2.5%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
17.07%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $8.65M | $1.26M | 14.6% |
| 2024 | ($14.59M) | $1.27M | N/A (Loss) |
| 2023 | ($7.51M) | $1.26M | N/A (Loss) |
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 |
|---|---|
| 2026-06-30 | 2.53% |
| 2026-03-31 | 4.12% |
| 2025-12-31 | 14.63% |
| 2024-09-30 | 37.80% |
| 2024-06-30 | 71.69% |
| 2024-03-31 | 5.70% |
| 2022-09-30 | 20.21% |
| 2022-06-30 | 14.17% |
| 2022-03-31 | 10.33% |
| 2021-12-31 | 21.91% |
| 2020-12-31 | 0.48% |
| 2020-09-30 | 0.43% |
| 2020-06-30 | 1.45% |
| 2020-03-31 | 6.26% |
| 2018-09-30 | 15.44% |
| 2018-06-30 | 29.10% |
| 2018-03-31 | 10.36% |
| 2017-12-31 | 8.09% |
| 2017-09-30 | 2.95% |
| 2017-06-30 | 3.47% |
| 2017-03-31 | 3.22% |
| 2016-12-31 | 5.98% |
| 2015-06-30 | 11.73% |
| 2015-03-31 | 6.50% |
| 2014-12-31 | 4.61% |
| 2014-09-30 | 1.72% |
| 2014-06-30 | 2.12% |
| 2014-03-31 | 3.33% |
| 2013-12-31 | 12.41% |
| 2012-06-30 | 172.12% |
| 2022 |
| ($31.70M) |
| $1.26M |
| N/A (Loss) |
| 2021 | $10.44M | $2.85M | 27.3% |
| 2020 | $65.10M | $0 | 0.0% |
| 2019 | ($34.51M) | $0.95M | N/A (Loss) |
| 2018 | ($13.59M) | $1.26M | N/A (Loss) |
| 2017 | $15.64M | $1.26M | 8.1% |
| 2016 | $21.23M | $1.27M | 6.0% |
| 2015 | ($47.35M) | $1.26M | N/A (Loss) |
| 2014 | $75.07M | $3.46M | 4.6% |
| 2013 | $10.19M | $1.26M | 12.4% |
| 2012 | ($23.12M) | $1.27M | N/A (Loss) |
| 2011 | ($6.32M) | $1.26M | N/A (Loss) |
| 2010 | ($37.56M) | $2.85M | N/A (Loss) |
| 2009 | ($10.61M) | $0 | N/A (Loss) |
| 2008 | ($207.81M) | $4.10M | N/A (Loss) |
| 2007 | ($193.76M) | $4.20M | N/A (Loss) |
| 2006 | ($90.60M) | $1.95M | N/A (Loss) |
| 2005 | ($13.27M) | $0 | N/A (Loss) |
| 2004 | ($0.97M) | $0 | N/A (Loss) |
| 2003 | ($1.79M) | $0 | N/A (Loss) |
| 2002 | ($2.66M) | $0 | N/A (Loss) |
| 2001 | $0.49M | $0 | 0.0% |
| 2000 | $0.21M | $0 | 0.0% |
| 1999 | ($1.12M) | $0 | N/A (Loss) |
| 1998 | ($1.84M) | $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.
