HP Inc (HPQ) — Capital Reinvestment Ratio

Latest as of January 2026: 0.61x

HP Inc (HPQ) has a Capital Reinvestment Ratio of 0.61x as of January 2026, meaning it reinvests 1% of its operating cash flow ($383.00 Million) in capital expenditures ($233.00 Million). See HP Inc (HPQ) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

0.61x
Capex / Operating Cash Flow

Operating Cash Flow

$383.00 Million
USD

Capital Expenditures

$233.00 Million
USD

Data as of

Jan 2026
Most recent filing

HP Inc Capital Reinvestment Ratio (1989–2025)

This chart tracks HP Inc's Capital Reinvestment Ratio across 37 annual periods.

Annual Capital Reinvestment Ratio for HP Inc (1989–2025)

Year-by-year Capital Reinvestment Ratio for HP Inc from 1989 to 2025. For live market cap and broader valuation context, see HP Inc market cap and net worth.

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