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 2.07% is 85% below its 5-year average of 14.08%, near the low end of its 5-year range (2.07%–669.25%).
As of the fiscal period ended Tuesday, June 30, 2026. 78.24% below its 12-month average of 9.49%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 2.07%.
FCF PAYOUT RATIO
2.07%
FCF PAYOUT RATIO AVG TTM
9.49%
FCF PAYOUT RATIO AVG 3Y
123.76%
FCF PAYOUT RATIO AVG 5Y
14.08%
FCF PAYOUT RATIO AVG 10Y
13.96%
FCF PAYOUT RATIO AVG 15Y
13.10%
FCF PAYOUT RATIO AVG 20Y
9.59%
CURRENT VS TTM AVG
-78.24%
CURRENT VS 3Y AVG
-98.33%
CURRENT VS 5Y AVG
-85.33%
CURRENT VS 10Y AVG
-85.21%
CURRENT VS 15Y AVG
-84.23%
CURRENT VS 20Y AVG
-78.45%
FCF Payout Ratio TTM
2.1%
Earnings Payout Ratio
3.1%
Dividend Yield
0.09%
FCF Yield
4.47%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $310.25M | $10.38M | 3.3% |
| 2024 | $3.79M | $25.33M | 669.2% |
| 2023 | ($148.39M) | $15.71M | N/A (Loss) |
| 2022 | ($59.49M) | $12.93M | N/A (Loss) |
| 2021 | $111.29M | $20.67M | 18.6% |
| 2020 | $89.78M | $9.15M | 10.2% |
| 2019 | ($0.56M) | $5.47M | N/A (Loss) |
| 2018 | ($42.71M) | $4.95M | N/A (Loss) |
| 2017 | $17.84M | $4.53M | 25.4% |
| 2016 | $60.54M | $4.42M | 7.3% |
| 2015 | ($31.00M) | $4.29M | N/A (Loss) |
| 2014 | ($39.41M) | $4.10M | N/A (Loss) |
| 2013 | ($124.09M) | $6.54M | N/A (Loss) |
| 2012 | ($44.08M) | $17.67M | N/A (Loss) |
| 2011 | ($17.66M) | $9.41M | N/A (Loss) |
| 2010 | $130.40M | $4.51M | 3.5% |
| 2009 | $91.46M | $0 | 0.0% |
| 2008 | ($53.89M) | $7.43M | N/A (Loss) |
| 2007 | $23.96M | $0.55M | 2.3% |
| 2006 | $34.15M | $0.69M | 2.0% |
| 2005 | ($50.83M) | $2.90M | N/A (Loss) |
| 2004 | ($28.04M) | $0 | N/A (Loss) |
| 2003 | $6.44M | $0 | 0.0% |
| 2002 | $9.02M | $0 | 0.0% |
| 2001 | ($9.85M) | $0 | N/A (Loss) |
| 2000 | ($20.94M) | $6.04M | N/A (Loss) |
| 1999 | ($19.69M) | $8.05M | N/A (Loss) |
| 1998 | ($20.50M) | $8.10M | N/A (Loss) |
| 1997 | ($18.80M) | $8.10M | N/A (Loss) |
| 1996 | ($11.40M) | $8.10M | 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.
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 | 2.07% |
| 2026-03-31 | 2.28% |
| 2025-12-31 | 3.53% |
| 2025-09-30 | 9.83% |
| 2025-06-30 | 29.76% |
| 2025-03-31 | 149.64% |
| 2024-12-31 | 669.25% |
| 2022-06-30 | 26.67% |
| 2022-03-31 | 17.41% |
| 2021-12-31 | 18.58% |
| 2021-09-30 | 19.09% |
| 2021-06-30 | 11.58% |
| 2021-03-31 | 10.34% |
| 2020-12-31 | 10.19% |
| 2020-09-30 | 6.05% |
| 2020-06-30 | 7.61% |
| 2018-09-30 | 78.53% |
| 2018-06-30 | 20.96% |
| 2017-12-31 | 25.38% |
| 2017-09-30 | 39.65% |
| 2017-06-30 | 8.76% |
| 2017-03-31 | 4.79% |
| 2016-12-31 | 7.30% |
| 2016-09-30 | 11.42% |
| 2011-09-30 | 3.79% |
| 2011-06-30 | 4.17% |
| 2011-03-31 | 4.48% |
| 2010-12-31 | 3.46% |
| 2010-09-30 | 0.89% |
| 2010-06-30 | 0.75% |
| 2010-03-31 | 0.78% |
| 2007-12-31 | 2.30% |
| 2007-09-30 | 2.08% |
| 2007-06-30 | 2.48% |
| 2007-03-31 | 1.36% |
| 2006-12-31 | 2.02% |
| 2006-09-30 | 4.11% |
