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 13.51% is 78% below its 5-year average of 62.61%, near the low end of its 5-year range (13.51%–165.17%).
As of the fiscal period ended Tuesday, June 30, 2026. 80.83% below its 12-month average of 70.45%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 13.51%.
FCF PAYOUT RATIO
13.51%
FCF PAYOUT RATIO AVG TTM
70.45%
FCF PAYOUT RATIO AVG 3Y
70.45%
FCF PAYOUT RATIO AVG 5Y
62.61%
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
-80.83%
CURRENT VS 3Y AVG
-80.83%
CURRENT VS 5Y AVG
-78.43%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
13.5%
Earnings Payout Ratio
28.9%
Dividend Yield
1.32%
FCF Yield
10.49%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $421.87M | $149.98M | 35.6% |
| 2024 | ($55.43M) | $0 | N/A (Loss) |
| 2023 | $275.23M | $0 | 0.0% |
| 2022 | $167.26M | $0 | 0.0% |
| 2021 | $60.47M | $0 | 0.0% |
| 2020 | $84.60M | $15.00M |
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 | 13.51% |
| 2026-03-31 | 37.55% |
| 2025-12-31 | 37.10% |
| 2025-09-30 | 98.92% |
| 2025-06-30 | 165.17% |
| 2021-06-30 | 23.44% |
| 2021-03-31 | 16.87% |
| 2020-12-31 | 17.37% |
| 17.7% |
| 2019 | $29.02M | $10.00M | 34.5% |
