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 0.08% is 65% below its 5-year average of 0.22%, near the low end of its 5-year range (0.08%–9.20%).
As of the fiscal period ended Tuesday, June 30, 2026. 51.51% below its 12-month average of 0.16%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 0.08%.
FCF PAYOUT RATIO
0.08%
FCF PAYOUT RATIO AVG TTM
0.16%
FCF PAYOUT RATIO AVG 3Y
0.14%
FCF PAYOUT RATIO AVG 5Y
0.22%
FCF PAYOUT RATIO AVG 10Y
0.29%
FCF PAYOUT RATIO AVG 15Y
0.28%
FCF PAYOUT RATIO AVG 20Y
0.29%
CURRENT VS TTM AVG
-51.51%
CURRENT VS 3Y AVG
-45.68%
CURRENT VS 5Y AVG
-65.44%
CURRENT VS 10Y AVG
-74.12%
CURRENT VS 15Y AVG
-73.23%
CURRENT VS 20Y AVG
-73.56%
FCF Payout Ratio TTM
0.1%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
3.97%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $53.98M | $0.09M | 0.2% |
| 2024 | $77.14M | $0.09M | 0.1% |
| 2023 | $93.96M | $0.09M | 0.1% |
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 | 0.08% |
| 2026-03-31 | 0.09% |
| 2025-12-31 | 0.17% |
| 2025-09-30 | 0.21% |
| 2025-06-30 | 0.23% |
| 2025-03-31 | 0.25% |
| 2024-12-31 | 0.12% |
| 2024-09-30 | 0.10% |
| 2024-06-30 | 0.09% |
| 2024-03-31 | 0.09% |
| 2023-12-31 | 0.10% |
| 2023-09-30 | 0.15% |
| 2023-06-30 | 0.58% |
| 2023-03-31 | 0.42% |
| 2022-12-31 | 9.20% |
| 2022-09-30 | 0.88% |
| 2022-06-30 | 0.44% |
| 2022-03-31 | 0.36% |
| 2021-12-31 | 0.29% |
| 2021-09-30 | 0.26% |
| 2021-06-30 | 0.15% |
| 2021-03-31 | 0.08% |
| 2020-12-31 | 0.09% |
| 2020-09-30 | 0.08% |
| 2020-06-30 | 0.10% |
| 2020-03-31 | 0.41% |
| 2019-12-31 | 0.47% |
| 2019-09-30 | 0.51% |
| 2019-06-30 | 0.33% |
| 2019-03-31 | 0.44% |
| 2018-12-31 | 0.34% |
| 2018-09-30 | 1.64% |
| 2018-03-31 | 0.82% |
| 2017-12-31 | 0.92% |
| 2017-09-30 | 0.50% |
| 2017-06-30 | 0.22% |
| 2017-03-31 | 0.18% |
| 2016-12-31 | 0.21% |
| 2016-09-30 | 0.17% |
| 2016-06-30 | 0.20% |
| 2014-12-31 | 0.10% |
| 2014-09-30 | 0.13% |
| 2014-06-30 | 0.16% |
| 2014-03-31 | 0.11% |
| 2012-12-31 | 0.24% |
| 2012-09-30 | 0.60% |
| 2012-06-30 | 0.39% |
| 2012-03-31 | 0.22% |
| 2011-12-31 | 0.41% |
| 2011-09-30 | 0.45% |
| 2011-06-30 | 0.55% |
| 2011-03-31 | 0.37% |
| 2010-12-31 | 0.40% |
| 2010-09-30 | 0.32% |
| 2010-06-30 | 0.20% |
| 2010-03-31 | 0.28% |
| 2009-12-31 | 0.18% |
| 2009-09-30 | 0.17% |
| 2009-06-30 | 0.26% |
| 2009-03-31 | 0.24% |
| 2008-12-31 | 0.68% |
| 2007-09-30 | 0.83% |
| 2007-06-30 | 1.01% |
| 2005-09-30 | 2.10% |
| 2005-06-30 | 1.94% |
| 2005-03-31 | 28.66% |
| 2004-12-31 | 2.76% |
| 2004-09-30 | 2.17% |
| 2004-06-30 | 1.72% |
| 2004-03-31 | 1.06% |
| 2003-12-31 | 1.38% |
| 2003-09-30 | 2.96% |
| 2003-06-30 | 3.87% |
| 2022 |
| $0.98M |
| $0.09M |
| 9.2% |
| 2021 | $31.09M | $0.09M | 0.3% |
| 2020 | $101.00M | $0.09M | 0.1% |
| 2019 | $19.19M | $0.09M | 0.5% |
| 2018 | $26.52M | $0.09M | 0.3% |
| 2017 | $9.73M | $0.09M | 0.9% |
| 2016 | $43.14M | $0.09M | 0.2% |
| 2015 | $84.00M | $0.09M | 0.1% |
| 2014 | $87.57M | $0.09M | 0.1% |
| 2013 | $74.45M | $0.09M | 0.1% |
| 2012 | $37.10M | $0.09M | 0.2% |
| 2011 | $21.73M | $0.09M | 0.4% |
| 2010 | $22.72M | $0.09M | 0.4% |
| 2009 | $49.98M | $0.09M | 0.2% |
| 2008 | $13.32M | $0.09M | 0.7% |
| 2007 | ($2.00M) | $0.09M | N/A (Loss) |
| 2006 | ($2.38M) | $0.09M | N/A (Loss) |
| 2005 | ($7.88M) | $0.09M | N/A (Loss) |
| 2004 | $3.26M | $0.09M | 2.8% |
| 2003 | $6.50M | $0.09M | 1.4% |
| 2002 | $2.12M | $0.09M | 4.2% |
| 2001 | $6.45M | $0.09M | 1.4% |
| 2000 | ($1.55M) | $0 | N/A (Loss) |
| 1999 | $8.30M | $0.09M | 1.1% |
| 1998 | ($10.60M) | $0.10M | N/A (Loss) |
| 1997 | ($0.70M) | $0.10M | N/A (Loss) |
| 1996 | ($1.82M) | $0.12M | 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.
