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 29.78% is 61% above its 5-year average of 18.51%, near the high end of its 5-year range (0.02%–38.16%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.38% below its 12-month average of 31.47%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 29.78%.
FCF PAYOUT RATIO
29.78%
FCF PAYOUT RATIO AVG TTM
31.47%
FCF PAYOUT RATIO AVG 3Y
33.36%
FCF PAYOUT RATIO AVG 5Y
18.51%
FCF PAYOUT RATIO AVG 10Y
22.16%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-5.38%
CURRENT VS 3Y AVG
-10.75%
CURRENT VS 5Y AVG
+60.84%
CURRENT VS 10Y AVG
+34.39%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
29.8%
Earnings Payout Ratio
1255.6%
Dividend Yield
1.79%
FCF Yield
6.04%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $4.72M | $1.43M | 30.2% |
| 2024 | ($5.46M) | $1.41M | N/A (Loss) |
| 2023 | $3.63M | $1.38M | 38.2% |
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 | 29.78% |
| 2026-03-31 | 31.97% |
| 2025-12-31 | 32.66% |
| 2023-12-31 | 38.16% |
| 2023-09-30 | 34.73% |
| 2023-06-30 | 32.86% |
| 2023-03-31 | 14.87% |
| 2022-12-31 | 20.75% |
| 2022-09-30 | 11.26% |
| 2022-06-30 | 8.66% |
| 2022-03-31 | 3.43% |
| 2021-12-31 | 0.02% |
| 2021-09-30 | 0.02% |
| 2021-06-30 | 0.02% |
| 2021-03-31 | 0.21% |
| 2020-12-31 | 235.11% |
| 2018-12-31 | 145.06% |
| 2018-09-30 | 53.79% |
| 2018-06-30 | 12.84% |
| 2018-03-31 | 32.76% |
| 2017-12-31 | 29.10% |
| 2017-09-30 | 25.15% |
| 2017-06-30 | 52.25% |
| 2016-12-31 | 462.74% |
| 2016-03-31 | 135.05% |
| 2013-06-30 | 557.25% |
| 2013-03-31 | 61.79% |
| 2012-12-31 | 35.32% |
| 2022 |
| $6.22M |
| $1.36M |
| 21.9% |
| 2021 | $9.72M | $0.00M | 0.0% |
| 2020 | ($0.41M) | $0.33M | N/A (Loss) |
| 2019 | ($8.43M) | $1.28M | N/A (Loss) |
| 2018 | $0.83M | $1.21M | 145.1% |
| 2017 | $3.30M | $0.96M | 29.1% |
| 2016 | $0.51M | $1.29M | 252.5% |
| 2015 | ($0.17M) | $1.06M | N/A (Loss) |
| 2014 | ($1.07M) | $0 | N/A (Loss) |
| 2013 | ($0.77M) | $0 | N/A (Loss) |
| 2012 | $2.94M | $2.07M | 70.6% |
| 2011 | $2.72M | $0 | 0.0% |
| 2010 | ($0.05M) | $0 | N/A (Loss) |
| 2009 | $0.89M | $0 | 0.0% |
| 2008 | ($0.46M) | $1.01M | N/A (Loss) |
| 2007 | $2.46M | $1.03M | 41.7% |
| 2006 | $1.90M | $1.01M | 53.2% |
| 2005 | $1.14M | $0.97M | 85.2% |
| 2004 | $1.95M | $0.95M | 48.6% |
| 2003 | $1.06M | $0.55M | 51.9% |
| 2002 | $0.47M | $0.90M | 188.8% |
| 2001 | $1.71M | $0 | 0.0% |
| 2000 | ($0.60M) | $0 | N/A (Loss) |
| 1999 | $0.50M | $0 | 0.0% |
| 1998 | $1.10M | $0 | 0.0% |
| 1997 | ($0.10M) | $0 | N/A (Loss) |
| 1996 | $0.60M | $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.
