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. Check earnings quality score of Hess Corporation to evaluate the quality of earnings relative to operating cash generation.
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. Explore HES long-term investment intensity to see how much of total assets are deployed in long-term investments.
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 Hess Corporation (HES) market capitalisation.
| 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 | — |