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 0.23% is 100% below its 3-year average of 70.01%, near the low end of its 3-year range (0.23%–269.70%).
As of the fiscal period ended Tuesday, June 30, 2026. 56.42% below its 12-month average of 0.53%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 0.23%.
FCF PAYOUT RATIO
0.23%
FCF PAYOUT RATIO AVG TTM
0.53%
FCF PAYOUT RATIO AVG 3Y
22.18%
FCF PAYOUT RATIO AVG 5Y
70.01%
FCF PAYOUT RATIO AVG 10Y
22.92%
FCF PAYOUT RATIO AVG 15Y
22.92%
FCF PAYOUT RATIO AVG 20Y
22.92%
CURRENT VS TTM AVG
-56.42%
CURRENT VS 3Y AVG
-98.95%
CURRENT VS 5Y AVG
-99.67%
CURRENT VS 10Y AVG
-98.98%
CURRENT VS 15Y AVG
-98.98%
CURRENT VS 20Y AVG
-98.98%
FCF Payout Ratio TTM
0.2%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
5.44%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $263.15M | $0.46M | 0.2% |
| 2024 | $160.85M | $1.71M | 1.1% |
| 2023 | $194.34M | $112.48M | 57.9% |
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 | 0.23% |
| 2026-03-31 | 0.24% |
| 2025-12-31 | 0.35% |
| 2025-09-30 | 0.90% |
| 2025-06-30 | 0.95% |
| 2025-03-31 | 1.13% |
| 2024-12-31 | 2.13% |
| 2024-09-30 | 58.53% |
| 2024-06-30 | 63.14% |
| 2024-03-31 | 58.52% |
| 2023-12-31 | 57.88% |
| 2023-09-30 | 169.29% |
| 2023-06-30 | 165.37% |
| 2023-03-31 | 269.70% |
| 2022-12-31 | 201.79% |
| 2019-03-31 | 0.62% |
| 2018-12-31 | 6.99% |
| 2018-09-30 | 48.09% |
| 2018-06-30 | 44.06% |
| 1997-12-31 | 2.23% |
| 1997-09-30 | 2.85% |
| 1997-06-30 | 2.12% |
| 1997-03-31 | 5.99% |
| 2022 |
| $125.40M |
| $253.19M |
| 201.9% |
| 2021 | ($206.53M) | $0 | N/A (Loss) |
| 2020 | $184.93M | $0 | 0.0% |
| 2019 | $175.04M | $0 | 0.0% |
| 2018 | $158.90M | $11.10M | 7.0% |
| 2017 | ($143.31M) | $19.37M | N/A (Loss) |
| 2016 | ($55.70M) | $1.50M | N/A (Loss) |
| 2015 | ($173.57M) | $20.47M | N/A (Loss) |
| 2014 | ($147.59M) | $6.53M | N/A (Loss) |
| 2013 | ($223.34M) | $22.87M | N/A (Loss) |
| 2012 | ($193.57M) | $15.56M | N/A (Loss) |
| 2006 | $42.08M | $0 | 0.0% |
| 2005 | $31.92M | $0 | 0.0% |
| 2004 | $23.56M | $0 | 0.0% |
| 2003 | ($22.18M) | $0 | N/A (Loss) |
| 2002 | $11.37M | $0 | 0.0% |
| 2001 | ($101.19M) | $0 | N/A (Loss) |
| 2000 | ($25.89M) | $0 | N/A (Loss) |
| 1999 | $9.71M | $0 | 0.0% |
| 1998 | ($0.17M) | $0 | N/A (Loss) |
| 1997 | $26.88M | $0 | 0.0% |
| 1996 | $10.02M | $0 | 0.0% |
| 1995 | ($7.80M) | $0 | N/A (Loss) |
| 1994 | ($9.40M) | $0 | N/A (Loss) |
| 1993 | ($2.70M) | $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.
