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 0.15% is 89% below its 3-year average of 1.39%, near the low end of its 3-year range (0.15%–4.35%).
As of the fiscal period ended Saturday, September 28, 2019. 65.20% below its 12-month average of 0.43%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
0.15%
FCF PAYOUT RATIO AVG TTM
0.43%
FCF PAYOUT RATIO AVG 3Y
1.06%
FCF PAYOUT RATIO AVG 5Y
N/A
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
-65.20%
CURRENT VS 3Y AVG
-86.01%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
0.1%
Earnings Payout Ratio
N/A
Dividend Yield
N/A
FCF Yield
0.32%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | ($104.70M) | $0 | N/A (Loss) |
| 2024 | ($111.30M) | $0 | N/A (Loss) |
| 2023 | $51.30M | $0 | 0.0% |
| 2022 | $368.10M | $0 | 0.0% |
| 2021 | $643.90M | $0 | 0.0% |
| 2020 | $438.30M | $0 | 0.0% |
| 2019 | $164.10M | $0.70M | 0.4% |
| 2018 | $154.30M | $0.70M | 0.5% |
| 2017 | ($53.10M) | $0.90M | N/A (Loss) |
| 2016 | $4.60M | $0.50M | 10.9% |
| 2015 | ($44.40M) | $0 | N/A (Loss) |
| 2014 | ($1.40M) | $0 | N/A (Loss) |
| 2013 | $23.00M | $0 | 0.0% |
| 2012 | ($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.
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 |
|---|---|
| 2019-09-28 | 0.15% |
| 2019-06-30 | 0.43% |
| 2019-03-30 | 0.50% |
| 2018-12-29 | 0.61% |
| 2018-09-29 | 0.44% |
| 2018-06-30 | 0.45% |
| 2018-03-31 | 0.89% |
| 2017-12-30 | 3.45% |
| 2016-10-01 | 2.61% |
| 2016-06-30 | 4.35% |
