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 6.60% is 58% below its 1-year average of 15.56%, near the low end of its 1-year range (6.60%–24.51%).
As of the fiscal period ended Friday, July 31, 2026. 57.58% below its 12-month average of 15.56%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q3 FY2026 (2026-07-31): 6.60%.
FCF PAYOUT RATIO
6.60%
FCF PAYOUT RATIO AVG TTM
15.56%
FCF PAYOUT RATIO AVG 3Y
15.56%
FCF PAYOUT RATIO AVG 5Y
15.56%
FCF PAYOUT RATIO AVG 10Y
15.54%
FCF PAYOUT RATIO AVG 15Y
23.45%
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-57.58%
CURRENT VS 3Y AVG
-57.58%
CURRENT VS 5Y AVG
-57.58%
CURRENT VS 10Y AVG
-57.55%
CURRENT VS 15Y AVG
-71.86%
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
6.6%
Earnings Payout Ratio
9.7%
Dividend Yield
2.00%
FCF Yield
31.16%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | ($5.93M) | $0 | N/A (Loss) |
| 2024 | $5.12M | $0 | 0.0% |
| 2023 | ($0.21M) | $0 | N/A (Loss) |
| 2022 | ($6.50M) | $0.40M | N/A (Loss) |
| 2021 | $3.21M | $0 | 0.0% |
| 2020 | $3.95M | $0 |
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 |
|---|---|
| 2026-07-31 | 6.60% |
| 2026-04-30 | 24.51% |
| 2016-10-31 | 15.52% |
| 2016-04-30 | 5.27% |
| 2016-01-31 | 4.41% |
| 2014-07-31 | 24.82% |
| 2013-07-31 | 107.94% |
| 2013-04-30 | 12.99% |
| 2013-01-31 | 22.07% |
| 2012-10-31 | 10.39% |
| 2011-04-30 | 32.20% |
| 2011-01-31 | 15.23% |
| 2010-10-31 | 34.14% |
| 2010-07-31 | 33.16% |
| 0.0% |
| 2019 | ($2.89M) | $0 | N/A (Loss) |
| 2018 | $8.31M | $0 | 0.0% |
| 2017 | $0.80M | $0 | 0.0% |
| 2016 | $0.64M | $0.10M | 15.5% |
| 2015 | ($2.68M) | $0.08M | N/A (Loss) |
| 2014 | ($0.47M) | $0.05M | N/A (Loss) |
| 2013 | ($4.04M) | $0.39M | N/A (Loss) |
| 2012 | $7.46M | $0.77M | 10.4% |
| 2011 | ($4.58M) | $0.69M | N/A (Loss) |
| 2010 | $0.98M | $0.33M | 34.1% |
| 2009 | $0.20M | $0 | 0.0% |
| 2008 | ($0.79M) | $1.54M | N/A (Loss) |
| 2007 | $1.50M | $0 | 0.0% |
| 2006 | ($0.51M) | $0 | N/A (Loss) |
| 2005 | ($4.35M) | $0 | N/A (Loss) |
| 2004 | $0.58M | $0 | 0.0% |
| 2003 | ($0.81M) | $0 | N/A (Loss) |
| 2002 | $0.39M | $0 | 0.0% |
| 2001 | $0.17M | $0 | 0.0% |
| 2000 | $0.00M | $0 | 0.0% |
| 1999 | $0.70M | $0 | 0.0% |
| 1998 | $1.33M | $0.42M | 31.7% |
| 1997 | $0.36M | $0 | 0.0% |
