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 4.80% is 71% above its 5-year average of 2.80%, near the low end of its 5-year range (1.94%–17.46%).
As of the fiscal period ended Sunday, July 5, 2026. 44.57% above its 12-month average of 3.32%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted. Q2 FY2026 (2026-07-05): 4.80%.
FCF PAYOUT RATIO
4.80%
FCF PAYOUT RATIO AVG TTM
3.32%
FCF PAYOUT RATIO AVG 3Y
2.31%
FCF PAYOUT RATIO AVG 5Y
2.80%
FCF PAYOUT RATIO AVG 10Y
13.37%
FCF PAYOUT RATIO AVG 15Y
14.30%
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+44.57%
CURRENT VS 3Y AVG
+107.97%
CURRENT VS 5Y AVG
+71.26%
CURRENT VS 10Y AVG
-64.11%
CURRENT VS 15Y AVG
-66.43%
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
4.8%
Earnings Payout Ratio
4.5%
Dividend Yield
0.31%
FCF Yield
6.10%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $121.71M | $3.56M | 2.9% |
| 2024 | $114.64M | $2.34M | 2.0% |
| 2023 | $24.62M | $2.35M | 9.6% |
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 |
|---|---|
| 2026-07-05 | 4.80% |
| 2026-04-05 | 3.02% |
| 2025-12-28 | 2.92% |
| 2025-09-28 | 2.54% |
| 2025-06-29 | 1.97% |
| 2025-03-30 | 2.16% |
| 2024-12-29 | 2.04% |
| 2024-09-29 | 2.14% |
| 2024-06-30 | 2.34% |
| 2024-03-31 | 2.31% |
| 2023-12-31 | 2.00% |
| 2023-10-01 | 1.94% |
| 2023-07-02 | 2.80% |
| 2023-04-02 | 3.32% |
| 2022-12-31 | 9.56% |
| 2022-10-02 | 17.46% |
| 2022-07-03 | 17.21% |
| 2022-04-03 | 14.32% |
| 2021-12-31 | 4.03% |
| 2021-10-03 | 4.50% |
| 2021-07-04 | 2.85% |
| 2021-04-04 | 4.90% |
| 2020-12-31 | 9.92% |
| 2020-10-04 | 10.77% |
| 2020-07-05 | 15.29% |
| 2020-04-05 | 18.82% |
| 2019-12-31 | 22.88% |
| 2019-09-29 | 35.79% |
| 2019-06-30 | 45.87% |
| 2019-03-31 | 84.02% |
| 2018-12-31 | 40.69% |
| 2018-09-30 | 26.43% |
| 2018-07-01 | 27.93% |
| 2018-04-01 | 24.62% |
| 2017-12-31 | 20.88% |
| 2017-10-01 | 26.50% |
| 2017-07-02 | 27.42% |
| 2017-04-02 | 20.36% |
| 2016-12-31 | 20.48% |
| 2016-10-02 | 15.74% |
| 2016-07-03 | 16.17% |
| 2016-04-03 | 16.35% |
| 2015-12-31 | 12.11% |
| 2015-10-04 | 15.26% |
| 2015-07-05 | 15.75% |
| 2015-04-05 | 27.16% |
| 2014-12-31 | 123.66% |
| 2012-12-31 | 129.23% |
| 2012-09-30 | 25.03% |
| 2012-07-01 | 18.64% |
| 2012-04-01 | 18.22% |
| 2010-03-12 | 1.27% |
| 2023 |
| $115.93M |
| $2.32M |
| 2.0% |
| 2022 | $58.62M | $2.36M | 4.0% |
| 2021 | $56.12M | $5.57M | 9.9% |
| 2019 | $67.12M | $15.36M | 22.9% |
| 2018 | $36.91M | $15.47M | 41.9% |
| 2017 | $72.88M | $15.49M | 21.3% |
| 2016 | $69.99M | $14.29M | 20.4% |
| 2015 | $98.21M | $11.88M | 12.1% |
| 2014 | $7.48M | $9.30M | 124.3% |
| 2013 | ($24.35M) | $7.28M | N/A (Loss) |
| 2012 | $4.47M | $5.92M | 132.5% |
| 2011 | ($13.69M) | $5.23M | N/A (Loss) |
| 2010 | $15.66M | $2.72M | 17.4% |
| 2009 | $25.80M | $7.56M | 29.3% |
| 2009 | $45.70M | $0.63M | 1.4% |
| 2007 | $25.12M | $4.92M | 19.6% |
| 2006 | ($3.96M) | $0 | N/A (Loss) |
| 2005 | $35.82M | $0 | 0.0% |
| 2004 | ($6.24M) | $0 | N/A (Loss) |
| 2003 | ($24.82M) | $2.30M | N/A (Loss) |
| 2002 | $43.03M | $2.30M | 5.3% |
| 2001 | ($11.73M) | $7.63M | N/A (Loss) |
| 2000 | $40.94M | $9.24M | 22.6% |
| 1999 | $33.79M | $9.45M | 28.0% |
| 1998 | ($44.80M) | $8.50M | N/A (Loss) |
| 1997 | $1.40M | $6.44M | 459.7% |
| 1996 | $18.60M | $6.60M | 35.5% |
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.
