Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
The FCF payout ratio is 184.86% as of the fiscal period ended Tuesday, June 30, 2026.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 184.86%.
FCF PAYOUT RATIO
184.86%
FCF PAYOUT RATIO AVG TTM
177.14%
FCF PAYOUT RATIO AVG 3Y
195.53%
FCF PAYOUT RATIO AVG 5Y
158.43%
FCF PAYOUT RATIO AVG 10Y
134.14%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+4.36%
CURRENT VS 3Y AVG
-5.46%
CURRENT VS 5Y AVG
+16.68%
CURRENT VS 10Y AVG
+37.81%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
184.9%
Earnings Payout Ratio
N/A
Dividend Yield
4.73%
FCF Yield
2.71%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $208.66M | $422.52M | 202.5% |
| 2024 | $105.53M | $379.56M | 359.7% |
| 2023 | $160.98M | $314.65M | 195.5% |
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 | 184.86% |
| 2026-03-31 | 198.18% |
| 2025-12-31 | 153.06% |
| 2025-09-30 | 150.53% |
| 2025-06-30 | 199.05% |
| 2025-03-31 | 235.88% |
| 2024-12-31 | 359.68% |
| 2024-09-30 | 396.21% |
| 2024-06-30 | 293.91% |
| 2024-03-31 | 239.27% |
| 2023-12-31 | 193.46% |
| 2023-09-30 | 169.79% |
| 2023-06-30 | 132.85% |
| 2023-03-31 | 118.31% |
| 2022-12-31 | 113.67% |
| 2022-09-30 | 102.54% |
| 2022-06-30 | 96.27% |
| 2022-03-31 | 87.66% |
| 2021-12-31 | 115.34% |
| 2021-09-30 | 113.11% |
| 2021-06-30 | 112.41% |
| 2021-03-31 | 144.72% |
| 2020-12-31 | 112.41% |
| 2020-09-30 | 102.50% |
| 2020-06-30 | 113.77% |
| 2020-03-31 | 99.62% |
| 2019-12-31 | 96.91% |
| 2019-09-30 | 104.86% |
| 2019-06-30 | 115.83% |
| 2019-03-31 | 113.35% |
| 2018-12-31 | 146.06% |
| 2018-09-30 | 134.80% |
| 2018-06-30 | 143.36% |
| 2018-03-31 | 160.74% |
| 2017-12-31 | 136.32% |
| 2017-09-30 | 136.15% |
| 2017-06-30 | 141.88% |
| 2017-03-31 | 131.03% |
| 2016-12-31 | 147.06% |
| 2016-09-30 | 145.23% |
| 2016-06-30 | 161.42% |
| 2016-03-31 | 142.17% |
| 2015-12-31 | 148.07% |
| 2015-09-30 | 141.05% |
| 2015-06-30 | 152.68% |
| 2015-03-31 | 123.44% |
| 2014-12-31 | 174.22% |
| 2014-09-30 | 131.75% |
| 2014-06-30 | 107.35% |
| 2014-03-31 | 116.37% |
| 2013-12-31 | 112.37% |
| 2013-09-30 | 155.06% |
| 2022 |
| $192.60M |
| $222.87M |
| 115.7% |
| 2021 | $128.99M | $151.61M | 117.5% |
| 2020 | $104.23M | $119.71M | 114.9% |
| 2019 | $92.34M | $89.49M | 96.9% |
| 2018 | $44.82M | $65.47M | 146.1% |
| 2017 | $34.34M | $46.81M | 136.3% |
| 2016 | $24.50M | $36.04M | 147.1% |
| 2015 | $18.33M | $27.14M | 148.1% |
| 2014 | $10.54M | $18.37M | 174.2% |
| 2013 | $10.28M | $2.10M | 20.4% |
| 2012 | ($3.54M) | $2.84M | N/A (Loss) |
| 2011 | ($4.67M) | $0.82M | 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.
