Basis: Trailing twelve months (TTM). 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 2707.29% is 4457% above its 5-year average of 59.42%, near the high end of its 5-year range (21.06%–2707.29%).
2346.91% above its 12-month average of 110.64%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q3 FY2026 (2026-02-28): 77.89%.
FCF PAYOUT RATIO
2707.29%
FCF PAYOUT RATIO AVG TTM
110.64%
FCF PAYOUT RATIO AVG 3Y
64.05%
FCF PAYOUT RATIO AVG 5Y
59.42%
FCF PAYOUT RATIO AVG 10Y
57.21%
FCF PAYOUT RATIO AVG 15Y
47.92%
FCF PAYOUT RATIO AVG 20Y
53.26%
CURRENT VS TTM AVG
+2346.91%
CURRENT VS 3Y AVG
+4126.94%
CURRENT VS 5Y AVG
+4456.53%
CURRENT VS 10Y AVG
+4632.25%
CURRENT VS 15Y AVG
+5549.52%
CURRENT VS 20Y AVG
+4982.79%
FCF Payout Ratio TTM
2707.3%
Earnings Payout Ratio
N/A
Dividend Yield
7.47%
FCF Yield
0.27%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $0.62M | $9.39M | n/m |
| 2025 | $16.19M | $18.65M | 115.2% |
| 2024 | $20.78M | $18.82M | 90.6% |
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 |
|---|---|
| 2026-02-28 | 77.89% |
| 2025-11-29 | 57.98% |
| 2025-08-30 | 191.51% |
| 2025-05-31 | 115.18% |
| 2025-02-22 | 677.48% |
| 2024-11-23 | 82.11% |
| 2024-08-24 | 82.04% |
| 2024-05-25 | 90.61% |
| 2024-02-24 | 53.84% |
| 2023-11-25 | 34.53% |
| 2023-08-26 | 22.71% |
| 2023-05-27 | 23.59% |
| 2023-02-25 | 21.06% |
| 2022-11-26 | 27.60% |
| 2022-08-27 | 45.43% |
| 2022-05-28 | 40.01% |
| 2022-02-26 | 78.58% |
| 2021-11-27 | 194.17% |
| 2021-08-28 | 106.39% |
| 2021-05-29 | 50.50% |
| 2021-02-27 | 30.12% |
| 2020-11-28 | 30.61% |
| 2020-08-29 | 26.05% |
| 2020-05-30 | 37.27% |
| 2020-02-22 | 35.38% |
| 2019-11-23 | 30.97% |
| 2019-08-24 | 32.39% |
| 2019-05-25 | 44.00% |
| 2019-02-23 | 64.13% |
| 2018-11-24 | 145.09% |
| 2018-08-25 | 164.61% |
| 2018-05-26 | 108.45% |
| 2018-02-24 | 82.56% |
| 2017-11-25 | 72.39% |
| 2017-08-26 | 76.17% |
| 2017-05-27 | 60.28% |
| 2017-02-25 | 43.52% |
| 2016-11-26 | 46.04% |
| 2016-08-27 | 44.79% |
| 2016-05-28 | 39.25% |
| 2016-02-27 | 39.98% |
| 2015-11-28 | 37.51% |
| 2015-08-29 | 36.18% |
| 2015-05-30 | 39.98% |
| 2015-02-28 | 60.51% |
| 2014-11-29 | 41.10% |
| 2014-08-30 | 71.07% |
| 2014-05-31 | 37.55% |
| 2014-02-22 | 38.67% |
| 2013-11-23 | 29.74% |
| 2013-08-24 | 30.04% |
| 2013-05-25 | 29.85% |
| 2013-02-23 | 28.94% |
| 2012-11-24 | 27.82% |
| 2012-08-25 | 23.76% |
| 2012-05-26 | 24.73% |
| 2012-02-25 | 29.43% |
| 2011-11-26 | 43.54% |
| 2011-08-27 | 34.17% |
| 2011-05-28 | 16.61% |
| 2011-02-26 | 10.53% |
| 2009-02-28 | 86.22% |
| 2008-11-29 | 100.88% |
| 2008-08-30 | 94.62% |
| 2008-05-31 | 263.24% |
| 2008-02-29 | 102.05% |
| 2007-11-30 | 89.67% |
| 2007-08-31 | 90.93% |
| 2023 |
| $79.62M |
| $18.78M |
| 23.6% |
| 2022 | $46.48M | $18.60M | 40.0% |
| 2021 | $36.10M | $18.23M | 50.5% |
| 2020 | $47.18M | $17.58M | 37.3% |
| 2019 | $36.73M | $16.16M | 44.0% |
| 2018 | $13.16M | $14.27M | 108.5% |
| 2017 | $23.48M | $14.16M | 60.3% |
| 2016 | $35.88M | $14.09M | 39.3% |
| 2015 | $29.39M | $11.75M | 40.0% |
| 2014 | $28.29M | $10.63M | 37.6% |
| 2013 | $31.81M | $9.50M | 29.9% |
| 2012 | $33.58M | $8.31M | 24.7% |
| 2011 | $22.21M | $5.54M | 24.9% |
| 2010 | $4.31M | $0 | 0.0% |
| 2009 | $60.41M | $0 | 0.0% |
| 2008 | $46.08M | $60.65M | 131.6% |
| 2007 | $73.60M | $0 | 0.0% |
| 2006 | $50.42M | $0 | 0.0% |
| 2005 | $63.16M | $0 | 0.0% |
| 2004 | $17.42M | $0 | 0.0% |
| 2003 | $16.32M | $0 | 0.0% |
| 2002 | $13.35M | $0 | 0.0% |
| 2001 | $18.93M | $0 | 0.0% |
| 2000 | $7.21M | $0 | 0.0% |
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.
