Hess Corporation (HES) — Capital Reinvestment Ratio
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 net asset quality index of Hess Corporation to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Hess Corporation Capital Reinvestment Ratio (1989–2024)
This chart tracks Hess Corporation's Capital Reinvestment Ratio across 36 annual periods. Check how aggressively does Hess Corporation reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
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 HES market cap overview.
| 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 | — |