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 48.98% is 63% above its 1-year average of 30.09%, near the high end of its 1-year range (9.14%–48.98%).
As of the fiscal period ended Tuesday, June 30, 2026. 42.87% above its 12-month average of 34.28%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 48.98%.
FCF PAYOUT RATIO
48.98%
FCF PAYOUT RATIO AVG TTM
34.28%
FCF PAYOUT RATIO AVG 3Y
30.09%
FCF PAYOUT RATIO AVG 5Y
30.09%
FCF PAYOUT RATIO AVG 10Y
30.09%
FCF PAYOUT RATIO AVG 15Y
30.09%
FCF PAYOUT RATIO AVG 20Y
30.09%
CURRENT VS TTM AVG
+42.87%
CURRENT VS 3Y AVG
+62.76%
CURRENT VS 5Y AVG
+62.76%
CURRENT VS 10Y AVG
+62.76%
CURRENT VS 15Y AVG
+62.76%
CURRENT VS 20Y AVG
+62.76%
FCF Payout Ratio TTM
49.0%
Earnings Payout Ratio
28.6%
Dividend Yield
2.74%
FCF Yield
5.70%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $50.49M | $18.46M | 36.6% |
| 2024 | $46.42M | $4.76M | 10.3% |
| 2023 | ($23.28M) | $0 | N/A (Loss) |
| 2022 | ($10.78M) | $0 | N/A (Loss) |
| 2021 | ($4.95M) | $0 | N/A (Loss) |
| 2020 | $11.82M | $0 |
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 |
|---|---|
| 2026-06-30 | 48.98% |
| 2026-03-31 | 40.44% |
| 2025-12-31 | 37.44% |
| 2025-09-30 | 27.69% |
| 2025-06-30 | 16.86% |
| 2025-03-31 | 9.14% |
| 2005-12-31 | 0.20% |
| 2005-09-30 | 4.62% |
| 2005-06-30 | 5.39% |
| 2005-03-31 | 4.09% |
| 2004-12-31 | 6.93% |
| 2004-09-30 | 3.31% |
| 2004-06-30 | 0.60% |
| 2004-03-31 | 1.15% |
| 0.0% |
| 2019 | $10.79M | $0 | 0.0% |
| 2018 | ($4.33M) | $0 | N/A (Loss) |
| 2017 | $14.43M | $0 | 0.0% |
| 2016 | $26.23M | $0 | 0.0% |
| 2015 | $67.34M | $0 | 0.0% |
| 2014 | $40.05M | $0 | 0.0% |
| 2013 | $8.79M | $0 | 0.0% |
| 2012 | $20.40M | $0 | 0.0% |
| 2011 | $8.19M | $0 | 0.0% |
| 2010 | $19.67M | $0 | 0.0% |
| 2009 | $10.66M | $0 | 0.0% |
| 2008 | $20.69M | $0 | 0.0% |
| 2007 | $22.91M | $0 | 0.0% |
| 2006 | $4.91M | $0 | 0.0% |
| 2005 | $7.04M | $0.01M | 0.2% |
| 2004 | $2.63M | $0.18M | 6.9% |
| 2003 | $2.28M | $0 | 0.0% |
| 2002 | ($2.93M) | $0 | N/A (Loss) |
| 2001 | ($7.26M) | $0 | N/A (Loss) |
| 2000 | ($5.62M) | $0 | N/A (Loss) |
| 1999 | ($3.10M) | $0 | N/A (Loss) |
| 1998 | ($4.08M) | $0 | N/A (Loss) |
| 1997 | ($2.16M) | $0 | N/A (Loss) |
