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 52.78% is in line with its 2-year average of 50.01%, near the low end of its 2-year range (0.55%–242.55%).
As of the fiscal period ended Thursday, July 2, 2026. 48.54% below its 12-month average of 102.55%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-07-02): 52.78%.
FCF PAYOUT RATIO
52.78%
FCF PAYOUT RATIO AVG TTM
102.55%
FCF PAYOUT RATIO AVG 3Y
50.01%
FCF PAYOUT RATIO AVG 5Y
50.01%
FCF PAYOUT RATIO AVG 10Y
63.95%
FCF PAYOUT RATIO AVG 15Y
84.24%
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-48.54%
CURRENT VS 3Y AVG
+5.53%
CURRENT VS 5Y AVG
+5.53%
CURRENT VS 10Y AVG
-17.47%
CURRENT VS 15Y AVG
-37.35%
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
52.8%
Earnings Payout Ratio
N/A
Dividend Yield
4.18%
FCF Yield
10.66%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $2.80M | $11.40M | 407.1% |
| 2024 | $54.50M | $0.30M | 0.6% |
| 2023 | ($10.00M) | $0.50M | N/A (Loss) |
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 |
|---|---|
| 2026-07-02 | 52.78% |
| 2026-04-02 | 82.56% |
| 2026-01-01 | 242.55% |
| 2025-09-25 | 32.32% |
| 2025-06-26 | 23.55% |
| 2024-12-26 | 0.55% |
| 2024-09-26 | 0.74% |
| 2024-06-27 | 2.56% |
| 2024-03-28 | 12.50% |
| 2020-12-31 | 145.45% |
| 2020-09-24 | 94.20% |
| 2020-06-25 | 68.10% |
| 2020-03-26 | 93.06% |
| 2019-12-26 | 75.31% |
| 2019-09-26 | 57.33% |
| 2019-06-27 | 59.07% |
| 2019-03-28 | 52.82% |
| 2018-12-27 | 52.43% |
| 2018-09-27 | 53.59% |
| 2018-06-28 | 60.23% |
| 2018-03-29 | 62.75% |
| 2017-12-28 | 59.03% |
| 2017-09-28 | 104.15% |
| 2017-06-29 | 92.15% |
| 2017-03-30 | 86.09% |
| 2016-12-29 | 138.04% |
| 2016-09-29 | 101.44% |
| 2016-06-30 | 110.19% |
| 2016-03-31 | 121.17% |
| 2015-12-31 | 150.00% |
| 2015-10-01 | 162.89% |
| 2015-07-02 | 157.14% |
| 2015-04-02 | 139.34% |
| 2015-01-01 | 120.06% |
| 2014-09-25 | 124.30% |
| 2014-06-26 | 115.50% |
| 2014-03-27 | 129.07% |
| 2013-12-26 | 106.64% |
| 2013-09-26 | 73.83% |
| 2013-06-27 | 88.87% |
| 2013-03-28 | 94.89% |
| 2012-12-27 | 145.16% |
| 2012-09-27 | 143.88% |
| 2012-06-28 | 97.44% |
| 2012-03-29 | 62.58% |
| 2011-12-29 | 34.21% |
| 2011-09-29 | 34.99% |
| 2011-06-30 | 28.06% |
| 2011-03-31 | 30.68% |
| 2010-12-30 | 25.97% |
| 2010-09-30 | 86.60% |
| 2010-07-01 | 111.93% |
| 2010-04-01 | 119.28% |
| 2009-12-31 | 129.18% |
| 2009-10-01 | 61.42% |
| 2009-07-02 | 53.38% |
| 2009-04-02 | 52.31% |
| 2009-01-01 | 24.37% |
| 2008-09-25 | 34.40% |
| 2022 |
| ($50.20M) |
| $9.50M |
| N/A (Loss) |
| 2021 | ($100.90M) | $16.90M | N/A (Loss) |
| 2020 | $47.30M | $68.80M | 145.5% |
| 2019 | $129.60M | $125.50M | 96.8% |
| 2018 | $136.00M | $54.40M | 40.0% |
| 2017 | $125.20M | $58.70M | 46.9% |
| 2016 | $118.30M | $122.20M | 103.3% |
| 2015 | $106.20M | $158.50M | 149.2% |
| 2015 | $90.00M | $135.00M | 150.0% |
| 2013 | $134.10M | $143.00M | 106.6% |
| 2012 | $64.00M | $48.70M | 76.1% |
| 2011 | $132.40M | $45.30M | 34.2% |
| 2010 | $133.60M | $34.70M | 26.0% |
| 2009 | $107.90M | $26.30M | 24.4% |
| 2009 | $129.90M | $27.50M | 21.2% |
| 2007 | $23.50M | $12.60M | 53.6% |
| 2006 | $2.00M | $0 | 0.0% |
| 2005 | ($8.80M) | $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.
