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 53.21% is 78% above its 5-year average of 29.90%, near the low end of its 5-year range (12.23%–297.06%).
As of the fiscal period ended Saturday, May 2, 2026. 0.90% above its 12-month average of 52.73%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
53.21%
FCF PAYOUT RATIO AVG TTM
52.73%
FCF PAYOUT RATIO AVG 3Y
87.40%
FCF PAYOUT RATIO AVG 5Y
29.90%
FCF PAYOUT RATIO AVG 10Y
23.75%
FCF PAYOUT RATIO AVG 15Y
23.14%
FCF PAYOUT RATIO AVG 20Y
25.16%
CURRENT VS TTM AVG
+0.90%
CURRENT VS 3Y AVG
-39.12%
CURRENT VS 5Y AVG
+77.94%
CURRENT VS 10Y AVG
+124.01%
CURRENT VS 15Y AVG
+129.93%
CURRENT VS 20Y AVG
+111.46%
FCF Payout Ratio TTM
53.2%
Earnings Payout Ratio
N/A
Dividend Yield
1.22%
FCF Yield
2.69%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $15.60M | $8.30M | 53.2% |
| 2025 | ($15.20M) | $20.40M | N/A (Loss) |
| 2024 | ($2.70M) | $19.90M | N/A (Loss) |
| 2023 | $90.80M | $19.80M | 21.8% |
| 2022 | $60.80M | $20.40M | 33.6% |
| 2021 | $154.90M | $17.40M | 11.2% |
| 2020 | $95.50M | $16.30M | 17.1% |
| 2019 | $52.20M | $16.30M | 31.2% |
| 2018 | $69.40M | $14.70M | 21.2% |
| 2017 | $122.80M | $13.70M | 11.2% |
| 2016 | $87.50M | $13.50M | 15.4% |
| 2015 | $100.40M | $13.80M | 13.7% |
| 2014 | $43.40M | $11.30M | 26.0% |
| 2013 | ($5.31M) | $10.38M | N/A (Loss) |
| 2012 | ($0.92M) | $10.36M | N/A (Loss) |
| 2011 | $1.82M | $10.33M | 568.5% |
| 2010 | $17.46M | $10.41M | 59.7% |
| 2009 | $24.53M | $9.78M | 39.9% |
| 2008 | $58.98M | $7.58M | 12.8% |
| 2007 | $45.59M | $7.47M | 16.4% |
| 2006 | $8.89M | $7.46M | 84.0% |
| 2005 | $25.97M | $7.25M | 27.9% |
| 2004 | $24.82M | $8.57M | 34.5% |
| 2003 | $29.56M | $7.24M | 24.5% |
| 2002 | $24.54M | $7.19M | 29.3% |
| 2001 | $16.92M | $7.14M | 42.2% |
| 2000 | $32.11M | $7.11M | 22.1% |
| 1999 | $6.30M | $7.10M | 112.7% |
| 1998 | $11.20M | $7.10M | 63.4% |
| 1997 | ($16.30M) | $7.10M | 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 |
|---|---|
| 2026-05-02 | 53.21% |
| 2026-01-31 | 27.10% |
| 2025-11-01 | 17.81% |
| 2025-08-02 | 47.63% |
| 2025-05-03 | 117.92% |
| 2025-02-01 | 297.06% |
| 2024-07-27 | 140.71% |
| 2024-01-27 | 103.11% |
| 2023-10-28 | 40.00% |
| 2023-07-29 | 29.43% |
| 2023-04-30 | 21.81% |
| 2023-01-28 | 22.98% |
| 2022-10-29 | 36.04% |
| 2022-07-30 | 28.82% |
| 2022-04-30 | 33.55% |
| 2022-01-29 | 33.56% |
| 2021-10-30 | 14.44% |
| 2021-07-31 | 12.23% |
| 2021-04-30 | 11.23% |
| 2021-01-30 | 10.09% |
| 2020-10-31 | 17.92% |
| 2020-08-01 | 18.22% |
| 2020-04-30 | 17.07% |
| 2020-02-01 | 21.76% |
| 2019-10-26 | 18.57% |
| 2019-07-27 | 28.95% |
| 2019-04-30 | 31.23% |
| 2019-01-26 | 37.92% |
| 2018-10-27 | 34.23% |
| 2018-07-28 | 27.70% |
| 2018-04-30 | 21.18% |
| 2018-01-27 | 17.14% |
| 2017-10-28 | 14.27% |
| 2017-07-29 | 12.75% |
| 2017-04-30 | 11.16% |
| 2017-01-28 | 11.89% |
| 2016-10-29 | 12.93% |
| 2016-07-30 | 12.72% |
| 2016-04-30 | 15.43% |
| 2016-01-30 | 19.24% |
| 2015-10-31 | 15.75% |
| 2015-08-01 | 16.63% |
| 2015-04-30 | 13.75% |
| 2015-01-31 | 12.11% |
| 2014-11-01 | 15.93% |
| 2014-08-02 | 16.36% |
| 2014-04-30 | 26.04% |
| 2014-02-01 | 59.38% |
| 2013-10-26 | 105.29% |
| 2013-01-26 | 156.48% |
| 2012-10-27 | 185.28% |
| 2011-07-30 | 130.37% |
| 2011-04-30 | 568.46% |
| 2011-01-29 | 52.54% |
| 2010-10-30 | 170.66% |
| 2010-07-31 | 115.86% |
| 2010-04-30 | 59.66% |
| 2010-01-30 | 150.88% |
| 2009-10-31 | 73.34% |
| 2009-08-01 | 49.95% |
| 2009-04-30 | 39.86% |
| 2009-01-31 | 20.87% |
| 2008-11-01 | 19.02% |
| 2008-08-02 | 14.79% |
| 2008-04-30 | 12.84% |
| 2008-02-02 | 15.68% |
| 2007-10-27 | 12.72% |
| 2007-07-28 | 16.07% |
| 2007-04-30 | 16.39% |
| 2007-01-27 | 18.61% |
| 2006-10-31 | 36.15% |
| 2006-07-31 | 33.03% |
| 2006-04-30 | 83.95% |
| 2006-01-31 | 55.12% |
| 2005-10-31 | 25.39% |
| 2005-07-31 | 39.66% |
| 2005-04-30 | 27.92% |
| 2005-01-31 | 33.41% |
| 2004-10-31 | 41.21% |
| 2004-07-31 | 45.45% |
| 2004-04-30 | 34.54% |
| 2004-01-31 | 30.53% |
| 2003-10-31 | 33.62% |
| 2003-07-31 | 25.12% |
| 2003-04-30 | 24.48% |
