POWER INTEGRATIONS INC (POWI) — payout ratio, three ways
Fiscal year ending 2025-12-31 · sector Technology · payout ratios computed from SEC filings, not taken from a data vendor.
| Basis | Payout | Why it differs |
|---|---|---|
| GAAP earnings | 214.7% | The figure most screeners publish. |
| Operating cash flow | 42.3% | Before capital spending, so it understates the payout that free cash flow shows. |
| Free cash flow | 54.1% | What is left after maintaining the business. |
Spread between highest and lowest: 172 percentage points. Same filings, different denominators.
Coverage rating 17 / 100 — Not covered. ? Peer standing 7/50Direction 10/30Stability 0/20
Free cash flow payout, last 6 years
| Fiscal year | Payout |
|---|---|
| 2025-12-31 | 54.1% |
| 2024-12-31 | 72.1% |
| 2023-12-31 | 98.1% |
| 2022-12-31 | 23.6% |
| 2021-12-31 | 17.8% |
| 2020-12-31 | 45.6% |
Among the 42 technology companies here, only 14% pay out a larger share on this basis — this is at the demanding end.
The arithmetic
- GAAP earnings — dividends declared per share $0.84 ÷ diluted EPS $0.39
- Operating cash flow — dividends paid $47.2m ÷ operating cash flow $111.5m
- Free cash flow — dividends paid $47.2m ÷ (operating cash flow $111.5m − capex $24.4m)
Where the figures came from
- 10-K filed 2026-02-06 · accession
0000833640-26-000037
Every one is public at sec.gov and free to check. That is the point — you should not have to take my word for any of it.
Caveats on this company
- DPS derived from dividends paid ($0.84); no per-share tag filed
Computed by an open pipeline reading SEC XBRL directly. If any number here looks wrong to you, tell me — that is more useful to me than agreement.