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 9.72% is 80% below its 5-year average of 48.39%, near the low end of its 5-year range (0.54%–147.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 24.12% below its 12-month average of 12.81%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 9.72%.
FCF PAYOUT RATIO
9.72%
FCF PAYOUT RATIO AVG TTM
12.81%
FCF PAYOUT RATIO AVG 3Y
22.43%
FCF PAYOUT RATIO AVG 5Y
48.39%
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
-24.12%
CURRENT VS 3Y AVG
-56.64%
CURRENT VS 5Y AVG
-79.91%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
9.7%
Earnings Payout Ratio
194.4%
Dividend Yield
8.82%
FCF Yield
82.76%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $45.57M | $4.78M | 10.5% |
| 2024 | ($22.83M) | $1.51M | N/A (Loss) |
| 2023 | $60.70M | $5.74M | 9.5% |
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 | 9.72% |
| 2026-03-31 | 9.82% |
| 2025-12-31 | 10.79% |
| 2025-09-30 | 15.53% |
| 2025-06-30 | 18.20% |
| 2024-06-30 | 112.29% |
| 2024-03-31 | 15.61% |
| 2023-12-31 | 9.32% |
| 2023-09-30 | 0.54% |
| 2022-06-30 | 147.68% |
| 2022-03-31 | 110.36% |
| 2021-12-31 | 70.22% |
| 2021-09-30 | 90.67% |
| 2021-06-30 | 56.71% |
| 2021-03-31 | 69.41% |
| 2020-12-31 | 208.41% |
| 2022 |
| $48.20M |
| $0 |
| 0.0% |
| 2021 | $62.46M | $135.45M | 216.9% |
| 2020 | $55.59M | $101.77M | 183.1% |
| 2019 | $53.27M | $20.47M | 38.4% |
| 2018 | $74.99M | $22.02M | 29.4% |
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.
