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 28.91% is 23% above its 1-year average of 23.51%, near the high end of its 1-year range (0.03%–37.62%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.51% above its 12-month average of 28.20%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-06-30): 28.91%.
FCF PAYOUT RATIO
28.91%
FCF PAYOUT RATIO AVG TTM
28.20%
FCF PAYOUT RATIO AVG 3Y
23.51%
FCF PAYOUT RATIO AVG 5Y
23.51%
FCF PAYOUT RATIO AVG 10Y
22.17%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+2.51%
CURRENT VS 3Y AVG
+22.98%
CURRENT VS 5Y AVG
+22.98%
CURRENT VS 10Y AVG
+30.37%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
28.9%
Earnings Payout Ratio
96.2%
Dividend Yield
4.66%
FCF Yield
15.14%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $32.52M | $5.95M | 18.3% |
| 2024 | $10.85M | $3.90M | 35.9% |
| 2023 | $7.96M | $0 | 0.0% |
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 | 28.91% |
| 2026-03-31 | 21.09% |
| 2025-12-31 | 18.29% |
| 2025-09-30 | 35.10% |
| 2025-06-30 | 37.62% |
| 2025-03-31 | 0.03% |
| 2019-12-31 | 81.23% |
| 2019-09-30 | 65.88% |
| 2019-06-30 | 244.16% |
| 2017-06-30 | 0.02% |
| 2017-03-31 | 0.01% |
| 2016-12-31 | 0.02% |
| 2016-09-30 | 0.04% |
| 2016-06-30 | 0.03% |
| 2016-03-31 | 0.06% |
| 2015-12-31 | 0.38% |
| 2022 |
| ($7.31M) |
| $0 |
| N/A (Loss) |
| 2021 | $21.22M | $0 | 0.0% |
| 2020 | $16.92M | $0 | 0.0% |
| 2019 | $19.11M | $0 | 0.0% |
| 2018 | ($45.18M) | $0 | N/A (Loss) |
| 2017 | ($35.53M) | $0 | N/A (Loss) |
| 2016 | $24.18M | $0.00M | 0.0% |
| 2015 | $1.33M | $0.01M | 0.4% |
| 2014 | ($8.75M) | $0.01M | 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.
