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 48.81% is 73% above its 1-year average of 28.16%, near the high end of its 1-year range (7.51%–48.81%).
As of the fiscal period ended Tuesday, June 30, 2026. 73.32% above its 12-month average of 28.16%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q1 FY2027 (2026-06-30): 48.81%.
FCF PAYOUT RATIO
48.81%
FCF PAYOUT RATIO AVG TTM
28.16%
FCF PAYOUT RATIO AVG 3Y
28.16%
FCF PAYOUT RATIO AVG 5Y
28.16%
FCF PAYOUT RATIO AVG 10Y
18.83%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+73.32%
CURRENT VS 3Y AVG
+73.32%
CURRENT VS 5Y AVG
+73.32%
CURRENT VS 10Y AVG
+159.28%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
48.8%
Earnings Payout Ratio
21.8%
Dividend Yield
1.11%
FCF Yield
2.24%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | ($120.66M) | $19.66M | N/A (Loss) |
| 2025 | $295.54M | $0 | 0.0% |
| 2024 | $239.95M | $0 | 0.0% |
| 2023 | ($24.80M) | $0 | N/A (Loss) |
| 2022 | ($43.75M) | $0 | N/A (Loss) |
| 2021 | $117.99M | $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 | 48.81% |
| 2025-09-30 | 7.51% |
| 2016-12-31 | 0.15% |
| 2015-06-30 | 0.79% |
| 2013-09-30 | 19.47% |
| 2013-06-30 | 25.75% |
| 2013-03-31 | 28.17% |
| 2012-12-31 | 740.64% |
| 0.0% |
| 2020 | ($81.18M) | $0 | N/A (Loss) |
| 2019 | $27.78M | $0 | 0.0% |
| 2018 | $75.18M | $0 | 0.0% |
| 2017 | $23.46M | $0 | 0.0% |
| 2016 | ($1.09M) | $0.08M | N/A (Loss) |
| 2015 | $2.07M | $0.09M | 4.3% |
| 2014 | ($18.18M) | $0.11M | N/A (Loss) |
| 2013 | $25.69M | $20.10M | 78.3% |
| 2012 | ($29.25M) | $0 | N/A (Loss) |
| 2011 | ($22.80M) | $0 | N/A (Loss) |
| 2010 | ($47.83M) | $0 | N/A (Loss) |
| 2009 | $16.57M | $0 | 0.0% |
| 2008 | ($0.00M) | $0 | N/A (Loss) |
| 2007 | ($61.86M) | $0 | N/A (Loss) |
| 2006 | ($72.71M) | $0 | N/A (Loss) |
| 2005 | $14.88M | $0 | 0.0% |
| 2004 | ($1.80M) | $0 | N/A (Loss) |
| 2003 | $22.61M | $0 | 0.0% |
| 2002 | $9.77M | $0 | 0.0% |
| 2001 | $4.06M | $0 | 0.0% |
| 2000 | $14.91M | $0 | 0.0% |
| 1999 | ($13.60M) | $0 | N/A (Loss) |
| 1998 | ($1.20M) | $1.10M | N/A (Loss) |
| 1997 | ($23.70M) | $0 | N/A (Loss) |
