Heritage Financial Corporation (HFWA) — Cash Flow Reinvestment Rate
Heritage Financial Corporation (HFWA) has a Cash Flow Reinvestment Rate of 5.67x as of March 2026, reinvesting $79.16 Million (capex $1.30 Million plus investments $-77.86 Million) from operating cash flow of $13.97 Million. Check cash flow quality index of Heritage Financial Corporation to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Heritage Financial Corporation Cash Flow Reinvestment Rate (1997–2025)
Historical reinvestment intensity for Heritage Financial Corporation across 29 annual periods. Explore HFWA long-term investments to assets to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Heritage Financial Corporation (1997–2025)
Year-by-year capital reinvestment analysis for Heritage Financial Corporation. For live market cap and broader valuation context, see how much is Heritage Financial Corporation worth.
| 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 | — |