Heritage Financial Corporation (HFWA) — Capital Reinvestment Ratio
Heritage Financial Corporation (HFWA) has a Capital Reinvestment Ratio of 0.20x as of December 2025, meaning it reinvests 0% of its operating cash flow ($27.98 Million) in capital expenditures ($5.71 Million). See Heritage Financial Corporation balance sheet quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Heritage Financial Corporation Capital Reinvestment Ratio (1997–2025)
This chart tracks Heritage Financial Corporation's Capital Reinvestment Ratio across 29 annual periods. Check HFWA cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Heritage Financial Corporation (1997–2025)
Year-by-year Capital Reinvestment Ratio for Heritage Financial Corporation from 1997 to 2025. For live market cap and broader valuation context, see HFWA company net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.10x | $94.82 Million | $9.16 Million | ▲ +80.0% |
| 2024 | 0.05x | $64.48 Million | $3.46 Million | ▼ -43.4% |
| 2023 | 0.09x | $109.52 Million | $10.38 Million | ▲ +122.8% |
| 2022 | 0.04x | $94.46 Million | $4.02 Million | ▼ -2.0% |
| 2021 | 0.04x | $69.53 Million | $3.02 Million | ▼ -56.4% |
| 2020 | 0.10x | $70.33 Million | $7.00 Million | ▼ -33.2% |
| 2019 | 0.15x | $87.61 Million | $13.04 Million | ▼ -42.2% |
| 2018 | 0.26x | $90.41 Million | $23.27 Million | ▲ +517.6% |
| 2017 | 0.04x | $73.51 Million | $3.06 Million | ▼ -66.5% |
| 2016 | 0.12x | $53.98 Million | $6.72 Million | ▲ +251.5% |
| 2015 | 0.04x | $51.40 Million | $1.82 Million | ▼ -53.8% |
| 2014 | 0.08x | $51.34 Million | $3.94 Million | ▼ -54.4% |
| 2013 | 0.17x | $30.90 Million | $5.21 Million | ▲ +21.7% |
| 2012 | 0.14x | $27.88 Million | $3.86 Million | ▼ -7.6% |
| 2011 | 0.15x | $20.87 Million | $3.13 Million | ▼ -41.3% |
| 2010 | 0.26x | $27.07 Million | $6.91 Million | ▲ +27.5% |
| 2009 | 0.20x | $9.87 Million | $1.98 Million | ▲ +43.6% |
| 2008 | 0.14x | $15.48 Million | $2.16 Million | ▲ +153.4% |
| 2007 | 0.06x | $13.22 Million | $728.00K | ▼ -57.7% |
| 2006 | 0.13x | $10.53 Million | $1.37 Million | ▲ +132.7% |
| 2005 | 0.06x | $13.20 Million | $738.00K | ▼ -25.8% |
| 2004 | 0.08x | $15.38 Million | $1.16 Million | ▲ +10.5% |
| 2003 | 0.07x | $19.15 Million | $1.30 Million | ▼ -33.4% |
| 2002 | 0.10x | $8.13 Million | $833.00K | ▼ -25.8% |
| 2001 | 0.14x | $8.56 Million | $1.18 Million | ▼ -72.7% |
| 2000 | 0.51x | $4.58 Million | $2.32 Million | ▲ +220.3% |
| 1999 | 0.16x | $15.20 Million | $2.40 Million | ▲ +75.9% |
| 1998 | 0.09x | $7.80 Million | $700.00K | ▼ -10.3% |
| 1997 | 0.10x | $4.00 Million | $400.00K | — |