Heritage Financial Corporation (HFWA) — Cash Flow Reinvestment Rate

Latest as of June 2026: 1.35x

Heritage Financial Corporation (HFWA) has a Cash Flow Reinvestment Rate of 1.35x as of June 2026, reinvesting $31.24 Million (capex $1.30 Million plus investments $29.93 Million) from operating cash flow of $23.09 Million. See Heritage Financial Corporation (HFWA) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.35x
(Capex + Investments) / Operating CF

Total Reinvested

$31.24 Million
Capex + Investments

Operating Cash Flow

$23.09 Million
USD

Capital Expenditures

$1.30 Million
USD

Heritage Financial Corporation Cash Flow Reinvestment Rate (1997–2025)

Historical reinvestment intensity for Heritage Financial Corporation across 29 annual periods. For the full cash flow conversion analysis, see Heritage Financial Corporation operating cash flow efficiency.

Annual Cash Flow Reinvestment Rate for Heritage Financial Corporation (1997–2025)

Year-by-year capital reinvestment analysis for Heritage Financial Corporation. See HFWA financial flexibility score to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 2.28x $216.46 Million $94.82 Million $9.16 Million ▲ +64.7%
2024 1.39x $89.36 Million $64.48 Million $3.46 Million ▲ +46.2%
2023 0.95x $103.82 Million $109.52 Million $10.38 Million ▼ -92.6%
2022 12.83x $1.21 Billion $94.46 Million $4.02 Million ▲ +458.6%
2021 2.30x $159.70 Million $69.53 Million $3.02 Million ▼ -70.1%
2020 7.68x $540.48 Million $70.33 Million $7.00 Million ▲ +467.9%
2019 1.35x $118.56 Million $87.61 Million $13.04 Million ▼ -44.3%
2018 2.43x $219.68 Million $90.41 Million $23.27 Million ▼ -33.8%
2017 3.67x $269.75 Million $73.51 Million $3.06 Million ▼ -20.2%
2016 4.60x $248.07 Million $53.98 Million $6.72 Million ▲ +25.2%
2015 3.67x $188.67 Million $51.40 Million $1.82 Million ▲ +34.8%
2014 2.72x $139.78 Million $51.34 Million $3.94 Million ▲ +102.5%
2013 1.34x $41.56 Million $30.90 Million $5.21 Million ▲ +409.8%
2012 0.26x $7.36 Million $27.88 Million $3.86 Million ▼ -71.3%
2011 0.92x $19.16 Million $20.87 Million $3.13 Million ▲ +259.4%
2010 0.26x $6.91 Million $27.07 Million $6.91 Million ▲ +27.5%
2009 0.20x $1.98 Million $9.87 Million $1.98 Million ▲ +43.6%
2008 0.14x $2.16 Million $15.48 Million $2.16 Million ▲ +153.4%
2007 0.06x $728.00K $13.22 Million $728.00K ▼ -57.7%
2006 0.13x $1.37 Million $10.53 Million $1.37 Million ▲ +132.7%
2005 0.06x $738.00K $13.20 Million $738.00K ▼ -25.8%
2004 0.08x $1.16 Million $15.38 Million $1.16 Million ▲ +10.5%
2003 0.07x $1.30 Million $19.15 Million $1.30 Million ▼ -33.4%
2002 0.10x $833.00K $8.13 Million $833.00K ▼ -25.8%
2001 0.14x $1.18 Million $8.56 Million $1.18 Million ▼ -72.7%
2000 0.51x $2.32 Million $4.58 Million $2.32 Million ▲ +220.3%
1999 0.16x $2.40 Million $15.20 Million $2.40 Million ▲ +75.9%
1998 0.09x $700.00K $7.80 Million $700.00K ▼ -10.3%
1997 0.10x $400.00K $4.00 Million $400.00K
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow