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 50.12% is 31% below its 5-year average of 72.15%, near the low end of its 5-year range (19.86%–310.83%).
As of the fiscal period ended Tuesday, June 30, 2026. 17.16% above its 12-month average of 42.78%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 50.12%.
FCF PAYOUT RATIO
50.12%
FCF PAYOUT RATIO AVG TTM
42.78%
FCF PAYOUT RATIO AVG 3Y
72.69%
FCF PAYOUT RATIO AVG 5Y
72.15%
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
+17.16%
CURRENT VS 3Y AVG
-31.06%
CURRENT VS 5Y AVG
-30.54%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
50.1%
Earnings Payout Ratio
157.1%
Dividend Yield
3.70%
FCF Yield
7.85%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $22.89M | $10.93M | 47.8% |
| 2024 | $10.97M | $10.90M | 99.3% |
| 2023 | $8.93M | $11.40M | 127.7% |
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 | 50.12% |
| 2026-03-31 | 48.47% |
| 2025-12-31 | 47.77% |
| 2025-09-30 | 33.95% |
| 2025-06-30 | 33.58% |
| 2025-03-31 | 72.96% |
| 2024-12-31 | 99.30% |
| 2024-09-30 | 139.89% |
| 2024-06-30 | 310.83% |
| 2024-03-31 | 73.20% |
| 2023-12-31 | 127.71% |
| 2023-06-30 | 301.95% |
| 2023-03-31 | 141.95% |
| 2022-12-31 | 170.03% |
| 2022-09-30 | 107.67% |
| 2022-06-30 | 52.55% |
| 2022-03-31 | 33.61% |
| 2021-12-31 | 23.53% |
| 2021-09-30 | 22.62% |
| 2021-06-30 | 19.86% |
| 2021-03-31 | 22.75% |
| 2020-12-31 | 22.85% |
| 2020-09-30 | 25.79% |
| 2020-06-30 | 32.40% |
| 2020-03-31 | 35.98% |
| 2019-12-31 | 31.67% |
| 2019-09-30 | 22.15% |
| 2019-06-30 | 30.20% |
| 2019-03-31 | 38.35% |
| 2018-12-31 | 23.77% |
| 2018-09-30 | 27.68% |
| 2022 |
| $6.79M |
| $11.55M |
| 170.0% |
| 2021 | $46.17M | $10.87M | 23.5% |
| 2020 | $36.95M | $8.44M | 22.8% |
| 2019 | $21.22M | $6.72M | 31.7% |
| 2018 | $24.24M | $5.76M | 23.8% |
| 2017 | $16.19M | $0 | 0.0% |
| 2016 | $16.86M | $0 | 0.0% |
| 2015 | $15.59M | $0 | 0.0% |
| 2014 | $3.32M | $0 | 0.0% |
| 2013 | $12.50M | $0 | 0.0% |
| 2012 | $0.99M | $0 | 0.0% |
| 2011 | ($2.81M) | $0 | N/A (Loss) |
| 2010 | $14.83M | $0 | 0.0% |
| 2009 | $19.70M | $0 | 0.0% |
| 2008 | $13.25M | $0 | 0.0% |
| 2007 | $9.76M | $0 | 0.0% |
| 2006 | $3.56M | $0 | 0.0% |
| 2005 | $10.92M | $0 | 0.0% |
| 2004 | ($0.80M) | $0 | N/A (Loss) |
| 2003 | ($8.43M) | $0 | N/A (Loss) |
| 2002 | ($13.80M) | $0 | N/A (Loss) |
| 2001 | ($8.49M) | $0 | N/A (Loss) |
| 2000 | $25.65M | $0 | 0.0% |
| 1999 | $9.46M | $0 | 0.0% |
| 1998 | $0.00M | $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.
