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 136.65% is 60% above its 3-year average of 85.19%, near the high end of its 3-year range (32.19%–146.99%).
As of the fiscal period ended Tuesday, June 30, 2026. 23.90% above its 12-month average of 110.29%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 136.65%.
FCF PAYOUT RATIO
136.65%
FCF PAYOUT RATIO AVG TTM
110.29%
FCF PAYOUT RATIO AVG 3Y
88.23%
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
+23.90%
CURRENT VS 3Y AVG
+54.87%
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
136.6%
Earnings Payout Ratio
48.1%
Dividend Yield
3.09%
FCF Yield
10.98%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $175.81M | $202.10M | 115.0% |
| 2024 | $246.63M | $109.97M | 44.6% |
| 2023 | $264.38M | $294.13M | 111.3% |
| 2022 | $83.91M | $0 | 0.0% |
| 2021 | ($140.74M) | $0 | N/A (Loss) |
| 2020 | $226.38M | $51.20M |
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 |
|---|---|
| 2026-06-30 | 136.65% |
| 2026-03-31 | 146.99% |
| 2025-12-31 | 114.95% |
| 2025-09-30 | 101.23% |
| 2025-06-30 | 51.62% |
| 2025-03-31 | 51.73% |
| 2024-12-31 | 44.59% |
| 2024-09-30 | 46.90% |
| 2024-06-30 | 110.33% |
| 2024-03-31 | 96.29% |
| 2023-12-31 | 111.25% |
| 2023-09-30 | 102.28% |
| 2023-06-30 | 32.19% |
| 2023-03-31 | 45.62% |
| 22.6% |
| 2019 | ($10.23M) | $0 | N/A (Loss) |
| 2018 | ($16.42M) | $0 | N/A (Loss) |
