Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
The FCF payout ratio is 102.92% as of the fiscal period ended Tuesday, March 31, 2026.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
102.92%
FCF PAYOUT RATIO AVG TTM
105.99%
FCF PAYOUT RATIO AVG 3Y
122.87%
FCF PAYOUT RATIO AVG 5Y
118.03%
FCF PAYOUT RATIO AVG 10Y
116.13%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-2.90%
CURRENT VS 3Y AVG
-16.24%
CURRENT VS 5Y AVG
-12.80%
CURRENT VS 10Y AVG
-11.38%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
102.9%
Earnings Payout Ratio
52.9%
Dividend Yield
2.86%
FCF Yield
2.66%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $208.46M | $203.89M | 97.8% |
| 2024 | $186.25M | $174.97M | 93.9% |
| 2023 | $126.62M | $135.85M | 107.3% |
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 |
|---|---|
| 2026-03-31 | 102.92% |
| 2025-12-31 | 97.81% |
| 2025-09-30 | 102.49% |
| 2025-06-30 | 103.80% |
| 2025-03-31 | 122.92% |
| 2024-12-31 | 152.51% |
| 2024-09-30 | 157.49% |
| 2024-06-30 | 173.28% |
| 2024-03-31 | 132.71% |
| 2023-12-31 | 107.29% |
| 2023-09-30 | 106.76% |
| 2023-06-30 | 115.21% |
| 2023-03-31 | 122.15% |
| 2022-12-31 | 140.23% |
| 2022-09-30 | 128.14% |
| 2022-06-30 | 128.06% |
| 2022-03-31 | 125.46% |
| 2021-12-31 | 104.58% |
| 2021-09-30 | 106.19% |
| 2021-06-30 | 100.50% |
| 2021-03-31 | 103.42% |
| 2020-12-31 | 107.69% |
| 2020-09-30 | 103.78% |
| 2020-06-30 | 104.72% |
| 2020-03-31 | 103.23% |
| 2019-12-31 | 101.51% |
| 2019-09-30 | 103.65% |
| 2019-06-30 | 108.74% |
| 2019-03-31 | 105.55% |
| 2018-12-31 | 105.81% |
| 2018-09-30 | 110.21% |
| 2018-06-30 | 108.56% |
| 2018-03-31 | 110.34% |
| 2017-12-31 | 104.21% |
| 2017-09-30 | 110.55% |
| 2017-06-30 | 121.41% |
| 2017-03-31 | 136.02% |
| 2016-12-31 | 164.75% |
| 2016-09-30 | 146.51% |
| 2016-06-30 | 145.66% |
| 2016-03-31 | 130.43% |
| 2015-12-31 | 133.97% |
| 2015-09-30 | 161.54% |
| 2015-06-30 | 201.25% |
| 2015-03-31 | 279.24% |
| 2014-12-31 | 201.57% |
| 2014-09-30 | 162.49% |
| 2014-06-30 | 155.66% |
| 2014-03-31 | 200.47% |
| 2013-12-31 | 333.85% |
| 2013-09-30 | 8.06% |
| 2013-06-30 | 13.11% |
| 2013-03-31 | 104.54% |
| 2022 |
| $76.60M |
| $107.41M |
| 140.2% |
| 2021 | $80.92M | $84.63M | 104.6% |
| 2020 | $69.44M | $74.78M | 107.7% |
| 2019 | $62.62M | $63.56M | 101.5% |
| 2018 | $48.62M | $51.45M | 105.8% |
| 2017 | $42.09M | $43.87M | 104.2% |
| 2016 | $22.30M | $36.75M | 164.7% |
| 2015 | $23.22M | $31.11M | 134.0% |
| 2014 | $9.59M | $19.34M | 201.6% |
| 2013 | $3.96M | $13.23M | 333.9% |
| 2012 | ($0.46M) | $7.10M | N/A (Loss) |
| 2011 | ($94.78M) | $2.79M | N/A (Loss) |
| 2010 | ($2.21M) | $0 | 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.
