HP Inc (HPQ) — Capital Reinvestment Ratio
Latest as of April 2026:
0.18x
HP Inc (HPQ) has a Capital Reinvestment Ratio of 0.18x as of April 2026, meaning it reinvests 0% of its operating cash flow ($926.00 Million) in capital expenditures ($170.00 Million). Check HPQ tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
0.18x
Capex / Operating Cash Flow
Operating Cash Flow
$926.00 Million
USD
Capital Expenditures
$170.00 Million
USD
Data as of
Apr 2026
Most recent filing
HP Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks HP Inc's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see HPQ cash generation efficiency.
Annual Capital Reinvestment Ratio for HP Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for HP Inc from 1989 to 2025. See HPQ FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.24x | $3.70 Billion | $897.00 Million | ▲ +53.7% |
| 2024 | 0.16x | $3.75 Billion | $592.00 Million | ▼ -7.4% |
| 2023 | 0.17x | $3.57 Billion | $609.00 Million | ▼ -3.8% |
| 2022 | 0.18x | $4.46 Billion | $791.00 Million | ▲ +95.2% |
| 2021 | 0.09x | $6.41 Billion | $582.00 Million | ▼ -32.4% |
| 2020 | 0.13x | $4.32 Billion | $580.00 Million | ▼ -6.8% |
| 2019 | 0.14x | $4.65 Billion | $671.00 Million | ▲ +19.6% |
| 2018 | 0.12x | $4.53 Billion | $546.00 Million | ▲ +10.3% |
| 2017 | 0.11x | $3.68 Billion | $402.00 Million | ▼ -18.4% |
| 2016 | 0.13x | $3.23 Billion | $433.00 Million | ▼ -75.9% |
| 2015 | 0.56x | $6.49 Billion | $3.60 Billion | ▲ +77.7% |
| 2014 | 0.31x | $12.33 Billion | $3.85 Billion | ▲ +13.4% |
| 2013 | 0.28x | $11.61 Billion | $3.20 Billion | ▼ -21.4% |
| 2012 | 0.35x | $10.57 Billion | $3.71 Billion | ▼ -2.4% |
| 2011 | 0.36x | $12.64 Billion | $4.54 Billion | ▲ +3.6% |
| 2010 | 0.35x | $11.92 Billion | $4.13 Billion | ▲ +25.5% |
| 2009 | 0.28x | $13.38 Billion | $3.69 Billion | ▲ +34.8% |
| 2008 | 0.20x | $14.59 Billion | $2.99 Billion | ▼ -35.2% |
| 2007 | 0.32x | $9.62 Billion | $3.04 Billion | ▲ +41.5% |
| 2006 | 0.22x | $11.35 Billion | $2.54 Billion | ▼ -10.1% |
| 2005 | 0.25x | $8.03 Billion | $2.00 Billion | ▼ -40.5% |
| 2004 | 0.42x | $5.09 Billion | $2.13 Billion | ▲ +26.9% |
| 2003 | 0.33x | $6.06 Billion | $2.00 Billion | ▲ +4.9% |
| 2002 | 0.31x | $5.44 Billion | $1.71 Billion | ▼ -47.3% |
| 2001 | 0.60x | $2.56 Billion | $1.53 Billion | ▲ +51.9% |
| 2000 | 0.39x | $4.42 Billion | $1.74 Billion | ▲ +5.0% |
| 1999 | 0.37x | $3.03 Billion | $1.13 Billion | ▲ +1.9% |
| 1998 | 0.37x | $5.44 Billion | $2.00 Billion | ▼ -32.2% |
| 1997 | 0.54x | $4.32 Billion | $2.34 Billion | ▼ -15.0% |
| 1996 | 0.64x | $3.46 Billion | $2.20 Billion | ▼ -35.8% |
| 1995 | 0.99x | $1.61 Billion | $1.60 Billion | ▲ +75.6% |
| 1994 | 0.57x | $2.22 Billion | $1.26 Billion | ▼ -54.1% |
| 1993 | 1.23x | $1.14 Billion | $1.41 Billion | ▲ +53.5% |
| 1992 | 0.80x | $1.29 Billion | $1.03 Billion | ▲ +44.3% |
| 1991 | 0.56x | $1.55 Billion | $862.00 Million | ▼ -53.5% |
| 1990 | 1.20x | $799.00 Million | $955.00 Million | ▼ -30.8% |
| 1989 | 1.73x | $496.00 Million | $857.00 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow