Hess Corporation (HES) — Capital Reinvestment Ratio
Latest as of March 2025:
0.72x
Hess Corporation (HES) has a Capital Reinvestment Ratio of 0.72x as of March 2025, meaning it reinvests 1% of its operating cash flow ($1.40 Billion) in capital expenditures ($1.01 Billion). See Hess Corporation (HES) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.72x
Capex / Operating Cash Flow
Operating Cash Flow
$1.40 Billion
USD
Capital Expenditures
$1.01 Billion
USD
Data as of
Mar 2025
Most recent filing
Hess Corporation Capital Reinvestment Ratio (1989–2024)
This chart tracks Hess Corporation's Capital Reinvestment Ratio across 36 annual periods.
Annual Capital Reinvestment Ratio for Hess Corporation (1989–2024)
Year-by-year Capital Reinvestment Ratio for Hess Corporation from 1989 to 2024. For live market cap and broader valuation context, see Hess Corporation market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.88x | $5.60 Billion | $4.95 Billion | ▼ -15.2% |
| 2023 | 1.04x | $3.94 Billion | $4.11 Billion | ▲ +50.8% |
| 2022 | 0.69x | $3.94 Billion | $2.73 Billion | ▲ +14.3% |
| 2021 | 0.60x | $2.89 Billion | $1.75 Billion | ▼ -63.3% |
| 2020 | 1.65x | $1.33 Billion | $2.20 Billion | ▼ -4.3% |
| 2019 | 1.72x | $1.64 Billion | $2.83 Billion | ▲ +59.3% |
| 2018 | 1.08x | $1.94 Billion | $2.10 Billion | ▼ -47.2% |
| 2017 | 2.05x | $945.00 Million | $1.94 Billion | ▼ -27.6% |
| 2016 | 2.83x | $795.00 Million | $2.25 Billion | ▲ +29.8% |
| 2015 | 2.18x | $1.98 Billion | $4.32 Billion | ▲ +84.6% |
| 2014 | 1.18x | $4.46 Billion | $5.27 Billion | ▼ -1.5% |
| 2013 | 1.20x | $4.87 Billion | $5.84 Billion | ▼ -12.9% |
| 2012 | 1.38x | $5.66 Billion | $7.79 Billion | ▼ -2.0% |
| 2011 | 1.41x | $4.98 Billion | $7.01 Billion | ▲ +15.9% |
| 2010 | 1.21x | $4.53 Billion | $5.49 Billion | ▲ +26.6% |
| 2009 | 0.96x | $3.05 Billion | $2.92 Billion | ▼ -1.4% |
| 2008 | 0.97x | $4.57 Billion | $4.44 Billion | ▼ -4.8% |
| 2007 | 1.02x | $3.51 Billion | $3.58 Billion | ▼ -7.3% |
| 2006 | 1.10x | $3.49 Billion | $3.84 Billion | ▼ -13.5% |
| 2005 | 1.27x | $1.84 Billion | $2.34 Billion | ▲ +59.2% |
| 2004 | 0.80x | $1.90 Billion | $1.52 Billion | ▼ -6.9% |
| 2003 | 0.86x | $1.58 Billion | $1.36 Billion | ▲ +10.0% |
| 2002 | 0.78x | $1.97 Billion | $1.53 Billion | ▼ -38.8% |
| 2001 | 1.28x | $1.96 Billion | $2.50 Billion | ▲ +150.7% |
| 2000 | 0.51x | $1.84 Billion | $938.00 Million | ▼ -50.8% |
| 1999 | 1.03x | $770.00 Million | $796.70 Million | ▼ -62.7% |
| 1998 | 2.77x | $518.80 Million | $1.44 Billion | ▲ +157.6% |
| 1997 | 1.08x | $1.25 Billion | $1.35 Billion | ▲ +1.0% |
| 1996 | 1.07x | $807.70 Million | $860.60 Million | ▲ +91.1% |
| 1995 | 0.56x | $1.24 Billion | $692.10 Million | ▼ -10.5% |
| 1994 | 0.62x | $957.00 Million | $596.30 Million | ▼ -62.1% |
| 1993 | 1.65x | $819.40 Million | $1.35 Billion | ▲ +20.1% |
| 1992 | 1.37x | $1.14 Billion | $1.56 Billion | ▲ +9.1% |
| 1991 | 1.26x | $1.36 Billion | $1.71 Billion | ▲ +13.9% |
| 1990 | 1.10x | $1.33 Billion | $1.46 Billion | ▼ -51.5% |
| 1989 | 2.27x | $805.80 Million | $1.83 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow