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 26.01% is 48% below its 5-year average of 50.46%, near the low end of its 5-year range (19.67%–986.82%).
As of the fiscal period ended Saturday, June 27, 2026. 31.16% below its 12-month average of 37.78%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
26.01%
FCF PAYOUT RATIO AVG TTM
37.78%
FCF PAYOUT RATIO AVG 3Y
28.69%
FCF PAYOUT RATIO AVG 5Y
50.46%
FCF PAYOUT RATIO AVG 10Y
184.55%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-31.16%
CURRENT VS 3Y AVG
-9.35%
CURRENT VS 5Y AVG
-48.46%
CURRENT VS 10Y AVG
-85.91%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
FCF Payout Ratio TTM
26.0%
Earnings Payout Ratio
19.3%
Dividend Yield
1.10%
FCF Yield
4.31%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $105.62M | $32.38M | 30.7% |
| 2024 | $105.68M | $28.87M | 27.3% |
| 2023 | $80.77M | $24.91M | 30.8% |
| 2022 | $52.30M | $141.28M | 270.1% |
| 2021 | $20.86M | $19.82M | 95.0% |
| 2020 | $59.48M | $163.79M | 275.4% |
| 2019 | $16.10M | $11.74M | 72.9% |
| 2018 | $34.79M | $190.74M | 548.3% |
| 2017 | $24.51M | $4.07M | 16.6% |
| 2016 | $20.11M | $83.27M | 414.1% |
| 2015 | $11.13M | $48.00M | 431.2% |
| 2014 | $12.86M | $0 | 0.0% |
| 2013 | $8.76M | $38.53M | 439.8% |
| 2012 | $8.80M | $19.28M | 219.0% |
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.
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 |
|---|---|
| 2026-06-27 | 26.01% |
| 2026-03-28 | 24.87% |
| 2025-12-27 | 30.66% |
| 2025-09-27 | 51.02% |
| 2025-06-28 | 56.32% |
| 2025-03-29 | 33.88% |
| 2024-12-28 | 27.32% |
| 2024-09-28 | 19.67% |
| 2024-06-29 | 23.95% |
| 2024-03-30 | 30.68% |
| 2023-12-31 | 30.84% |
| 2023-09-30 | 32.80% |
| 2023-07-01 | 34.90% |
| 2023-04-01 | 204.11% |
| 2022-12-31 | 270.14% |
| 2022-09-24 | 801.73% |
| 2022-06-25 | 986.82% |
| 2022-03-26 | 85.29% |
| 2021-12-31 | 95.04% |
| 2021-09-25 | 311.14% |
| 2021-06-26 | 277.48% |
| 2021-03-27 | 277.55% |
| 2020-12-31 | 275.38% |
| 2020-09-26 | 27.01% |
| 2020-06-27 | 43.39% |
| 2020-03-28 | 68.73% |
| 2019-12-31 | 72.95% |
| 2019-09-28 | 685.37% |
| 2019-06-29 | 359.06% |
| 2019-03-30 | 283.77% |
| 2018-12-31 | 548.28% |
| 2018-09-29 | 281.13% |
| 2018-06-30 | 321.79% |
| 2018-03-31 | 346.11% |
| 2017-12-31 | 16.60% |
| 2017-09-30 | 8.98% |
| 2017-07-01 | 394.21% |
| 2017-04-01 | 464.69% |
| 2016-12-31 | 414.06% |
| 2016-09-24 | 457.82% |
| 2015-12-31 | 431.18% |
| 2015-09-26 | 485.67% |
| 2015-06-27 | 711.20% |
| 2015-03-31 | 482.01% |
