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 7.97% is 78% above its 5-year average of 4.48%, near the high end of its 5-year range (0.02%–7.97%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.02% above its 12-month average of 6.93%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 7.97%.
FCF PAYOUT RATIO
7.97%
FCF PAYOUT RATIO AVG TTM
6.93%
FCF PAYOUT RATIO AVG 3Y
6.43%
FCF PAYOUT RATIO AVG 5Y
4.48%
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
+15.02%
CURRENT VS 3Y AVG
+24.01%
CURRENT VS 5Y AVG
+77.99%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
8.0%
Earnings Payout Ratio
19.0%
Dividend Yield
0.43%
FCF Yield
5.34%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $59.63M | $3.73M | 6.3% |
| 2024 | $29.52M | $3.40M | 11.5% |
| 2023 | $61.77M | $3.06M | 5.0% |
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 | 7.97% |
| 2026-03-31 | 7.16% |
| 2025-12-31 | 6.25% |
| 2025-09-30 | 6.36% |
| 2025-06-30 | 6.92% |
| 2025-03-31 | 6.30% |
| 2024-12-31 | 6.85% |
| 2024-09-30 | 7.20% |
| 2024-06-30 | 5.57% |
| 2024-03-31 | 6.97% |
| 2023-12-31 | 5.51% |
| 2023-09-30 | 4.09% |
| 2023-06-30 | 3.28% |
| 2022-06-30 | 0.02% |
| 2022-03-31 | 0.02% |
| 2021-12-31 | 0.06% |
| 2021-09-30 | 0.05% |
| 2021-06-30 | 0.05% |
| 2021-03-31 | 0.05% |
| 2020-12-31 | 0.12% |
| 2020-09-30 | 0.11% |
| 2020-06-30 | 0.10% |
| 2020-03-31 | 0.10% |
| 2019-12-31 | 0.18% |
| 2019-09-30 | 114.53% |
| 2019-06-30 | 121.87% |
| 2019-03-31 | 316.53% |
| 2018-12-31 | 260.97% |
| 2018-09-30 | 134.16% |
| 2018-06-30 | 142.23% |
| 2022 |
| $49.42M |
| $0 |
| 0.0% |
| 2021 | $38.97M | $0.02M | 0.0% |
| 2020 | $33.89M | $0.04M | 0.1% |
| 2019 | $43.66M | $0.06M | 0.1% |
| 2018 | $24.80M | $32.36M | 130.5% |
| 2017 | $28.84M | $0 | 0.0% |
| 2016 | $9.43M | $0 | 0.0% |
| 2015 | $19.56M | $0 | 0.0% |
| 2014 | $24.05M | $0 | 0.0% |
| 2013 | $17.57M | $0 | 0.0% |
| 2012 | $13.76M | $0 | 0.0% |
| 2011 | $9.57M | $0 | 0.0% |
| 2010 | $11.45M | $0 | 0.0% |
| 2009 | $8.50M | $0 | 0.0% |
| 2008 | $3.92M | $0 | 0.0% |
| 2007 | $3.27M | $0 | 0.0% |
| 2006 | $0.32M | $0 | 0.0% |
| 2005 | $4.42M | $0 | 0.0% |
| 2004 | ($1.25M) | $0 | N/A (Loss) |
| 2003 | ($1.78M) | $0 | N/A (Loss) |
| 2002 | ($6.45M) | $0 | N/A (Loss) |
| 2001 | ($11.29M) | $0 | N/A (Loss) |
| 2000 | ($17.67M) | $0 | N/A (Loss) |
| 1999 | ($4.70M) | $0 | 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.
