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 10.95% is in line with its 5-year average of 10.61%, around the middle of its 5-year range (5.56%–18.20%).
As of the fiscal period ended Saturday, August 1, 2026. 24.93% below its 12-month average of 14.59%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-08-01): 10.95%.
FCF PAYOUT RATIO
10.95%
FCF PAYOUT RATIO AVG TTM
14.59%
FCF PAYOUT RATIO AVG 3Y
10.86%
FCF PAYOUT RATIO AVG 5Y
10.61%
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
-24.93%
CURRENT VS 3Y AVG
+0.88%
CURRENT VS 5Y AVG
+3.25%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
11.0%
Earnings Payout Ratio
9.3%
Dividend Yield
1.08%
FCF Yield
10.20%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $222.13M | $34.66M | 15.6% |
| 2025 | $328.49M | $31.46M | 9.6% |
| 2024 | $327.49M | $27.22M | 8.3% |
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 |
|---|---|
| 2026-08-01 | 10.95% |
| 2026-05-02 | 15.03% |
| 2026-01-31 | 15.64% |
| 2025-11-01 | 17.62% |
| 2025-08-02 | 13.70% |
| 2025-05-03 | 11.98% |
| 2025-02-01 | 9.59% |
| 2024-11-02 | 7.09% |
| 2024-08-03 | 7.17% |
| 2024-05-04 | 5.89% |
| 2024-02-03 | 8.31% |
| 2023-10-28 | 7.28% |
| 2023-07-29 | 7.00% |
| 2023-04-29 | 6.67% |
| 2023-01-28 | 5.56% |
| 2022-10-29 | 18.20% |
| 2022-07-30 | 14.09% |
| 2022-04-30 | 11.61% |
| 2022-01-29 | 8.14% |
| 2021-07-31 | 44.12% |
| 2021-05-01 | 23.54% |
| 2021-01-30 | 26.49% |
| 2020-10-31 | 25.96% |
| 2023 |
| $443.20M |
| $24.63M |
| 5.6% |
| 2022 | $597.25M | $0 | 0.0% |
| 2021 | $970.33M | $257.00M | 26.5% |
| 2020 | $200.85M | $0 | 0.0% |
| 2019 | $90.58M | $0 | 0.0% |
| 2018 | ($48.77M) | $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.
