Hess Corporation (HES) — Cash Flow Reinvestment Rate
Hess Corporation (HES) has a Cash Flow Reinvestment Rate of 1.44x as of March 2025, reinvesting $2.02 Billion (capex $1.01 Billion plus investments $-1.01 Billion) from operating cash flow of $1.40 Billion. Explore Hess Corporation (HES) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Hess Corporation Cash Flow Reinvestment Rate (1989–2024)
Historical reinvestment intensity for Hess Corporation across 36 annual periods. Also explore Hess Corporation (HES) total assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Hess Corporation (1989–2024)
Year-by-year capital reinvestment analysis for Hess Corporation. For live market cap and broader valuation context, see HES market cap.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 1.76x | $9.88 Billion | $5.60 Billion | $4.95 Billion | ▼ -6.3% |
| 2023 | 1.88x | $7.42 Billion | $3.94 Billion | $4.11 Billion | ▲ +40.6% |
| 2022 | 1.34x | $5.28 Billion | $3.94 Billion | $2.73 Billion | ▲ +25.9% |
| 2021 | 1.06x | $3.07 Billion | $2.89 Billion | $1.75 Billion | ▼ -63.7% |
| 2020 | 2.93x | $3.90 Billion | $1.33 Billion | $2.20 Billion | ▲ +68.0% |
| 2019 | 1.74x | $2.86 Billion | $1.64 Billion | $2.83 Billion | ▲ +56.2% |
| 2018 | 1.12x | $2.16 Billion | $1.94 Billion | $2.10 Billion | ▼ -68.0% |
| 2017 | 3.49x | $3.29 Billion | $945.00 Million | $1.94 Billion | ▼ -36.1% |
| 2016 | 5.46x | $4.34 Billion | $795.00 Million | $2.25 Billion | ▲ +146.5% |
| 2015 | 2.22x | $4.39 Billion | $1.98 Billion | $4.32 Billion | ▲ +87.5% |
| 2014 | 1.18x | $5.27 Billion | $4.46 Billion | $5.27 Billion | ▼ -1.5% |
| 2013 | 1.20x | $5.84 Billion | $4.87 Billion | $5.84 Billion | ▼ -12.9% |
| 2012 | 1.38x | $7.79 Billion | $5.66 Billion | $7.79 Billion | ▼ -2.0% |
| 2011 | 1.41x | $7.01 Billion | $4.98 Billion | $7.01 Billion | ▲ +15.9% |
| 2010 | 1.21x | $5.49 Billion | $4.53 Billion | $5.49 Billion | ▲ +26.6% |
| 2009 | 0.96x | $2.92 Billion | $3.05 Billion | $2.92 Billion | ▼ -1.4% |
| 2008 | 0.97x | $4.44 Billion | $4.57 Billion | $4.44 Billion | ▼ -4.8% |
| 2007 | 1.02x | $3.58 Billion | $3.51 Billion | $3.58 Billion | ▼ -7.3% |
| 2006 | 1.10x | $3.84 Billion | $3.49 Billion | $3.84 Billion | ▼ -13.5% |
| 2005 | 1.27x | $2.34 Billion | $1.84 Billion | $2.34 Billion | ▲ +59.2% |
| 2004 | 0.80x | $1.52 Billion | $1.90 Billion | $1.52 Billion | ▼ -6.9% |
| 2003 | 0.86x | $1.36 Billion | $1.58 Billion | $1.36 Billion | ▲ +10.0% |
| 2002 | 0.78x | $1.53 Billion | $1.97 Billion | $1.53 Billion | ▼ -38.8% |
| 2001 | 1.28x | $2.50 Billion | $1.96 Billion | $2.50 Billion | ▲ +150.7% |
| 2000 | 0.51x | $938.00 Million | $1.84 Billion | $938.00 Million | ▼ -50.8% |
| 1999 | 1.03x | $796.70 Million | $770.00 Million | $796.70 Million | ▼ -62.7% |
| 1998 | 2.77x | $1.44 Billion | $518.80 Million | $1.44 Billion | ▲ +157.6% |
| 1997 | 1.08x | $1.35 Billion | $1.25 Billion | $1.35 Billion | ▲ +1.0% |
| 1996 | 1.07x | $860.60 Million | $807.70 Million | $860.60 Million | ▲ +91.1% |
| 1995 | 0.56x | $692.10 Million | $1.24 Billion | $692.10 Million | ▼ -10.5% |
| 1994 | 0.62x | $596.30 Million | $957.00 Million | $596.30 Million | ▼ -62.1% |
| 1993 | 1.65x | $1.35 Billion | $819.40 Million | $1.35 Billion | ▲ +20.1% |
| 1992 | 1.37x | $1.56 Billion | $1.14 Billion | $1.56 Billion | ▲ +9.1% |
| 1991 | 1.26x | $1.71 Billion | $1.36 Billion | $1.71 Billion | ▲ +13.9% |
| 1990 | 1.10x | $1.46 Billion | $1.33 Billion | $1.46 Billion | ▼ -51.5% |
| 1989 | 2.27x | $1.83 Billion | $805.80 Million | $1.83 Billion | — |