HP Inc (HPQ) — Cash Flow Reinvestment Rate
Latest as of April 2026:
0.19x
HP Inc (HPQ) has a Cash Flow Reinvestment Rate of 0.19x as of April 2026, reinvesting $178.00 Million (capex $170.00 Million plus investments $-8.00 Million) from operating cash flow of $926.00 Million. See HPQ FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
0.19x
(Capex + Investments) / Operating CF
Total Reinvested
$178.00 Million
Capex + Investments
Operating Cash Flow
$926.00 Million
USD
Capital Expenditures
$170.00 Million
USD
HP Inc Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for HP Inc across 37 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of HP Inc.
Annual Cash Flow Reinvestment Rate for HP Inc (1989–2025)
Year-by-year capital reinvestment analysis for HP Inc. See HP Inc free cash flow to debt ratio 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 | 0.25x | $931.00 Million | $3.70 Billion | $897.00 Million | ▼ -23.7% |
| 2024 | 0.33x | $1.24 Billion | $3.75 Billion | $592.00 Million | ▼ -1.6% |
| 2023 | 0.34x | $1.20 Billion | $3.57 Billion | $609.00 Million | ▲ +79.7% |
| 2022 | 0.19x | $834.00 Million | $4.46 Billion | $791.00 Million | ▲ +39.6% |
| 2021 | 0.13x | $858.00 Million | $6.41 Billion | $582.00 Million | ▼ -32.5% |
| 2020 | 0.20x | $856.00 Million | $4.32 Billion | $580.00 Million | ▼ -32.2% |
| 2019 | 0.29x | $1.36 Billion | $4.65 Billion | $671.00 Million | ▲ +29.2% |
| 2018 | 0.23x | $1.03 Billion | $4.53 Billion | $546.00 Million | ▼ -53.3% |
| 2017 | 0.49x | $1.79 Billion | $3.68 Billion | $402.00 Million | ▲ +256.6% |
| 2016 | 0.14x | $440.00 Million | $3.23 Billion | $433.00 Million | ▼ -75.8% |
| 2015 | 0.56x | $3.65 Billion | $6.49 Billion | $3.60 Billion | ▲ +68.4% |
| 2014 | 0.33x | $4.11 Billion | $12.33 Billion | $3.85 Billion | ▲ +17.7% |
| 2013 | 0.28x | $3.29 Billion | $11.61 Billion | $3.20 Billion | ▼ -19.2% |
| 2012 | 0.35x | $3.71 Billion | $10.57 Billion | $3.71 Billion | ▼ -3.0% |
| 2011 | 0.36x | $4.57 Billion | $12.64 Billion | $4.54 Billion | ▲ +4.2% |
| 2010 | 0.35x | $4.13 Billion | $11.92 Billion | $4.13 Billion | ▲ +25.5% |
| 2009 | 0.28x | $3.69 Billion | $13.38 Billion | $3.69 Billion | ▲ +34.8% |
| 2008 | 0.20x | $2.99 Billion | $14.59 Billion | $2.99 Billion | ▼ -35.2% |
| 2007 | 0.32x | $3.04 Billion | $9.62 Billion | $3.04 Billion | ▲ +41.5% |
| 2006 | 0.22x | $2.54 Billion | $11.35 Billion | $2.54 Billion | ▼ -10.1% |
| 2005 | 0.25x | $2.00 Billion | $8.03 Billion | $2.00 Billion | ▼ -40.5% |
| 2004 | 0.42x | $2.13 Billion | $5.09 Billion | $2.13 Billion | ▲ +26.9% |
| 2003 | 0.33x | $2.00 Billion | $6.06 Billion | $2.00 Billion | ▲ +4.9% |
| 2002 | 0.31x | $1.71 Billion | $5.44 Billion | $1.71 Billion | ▼ -47.3% |
| 2001 | 0.60x | $1.53 Billion | $2.56 Billion | $1.53 Billion | ▲ +51.9% |
| 2000 | 0.39x | $1.74 Billion | $4.42 Billion | $1.74 Billion | ▲ +5.0% |
| 1999 | 0.37x | $1.13 Billion | $3.03 Billion | $1.13 Billion | ▲ +1.9% |
| 1998 | 0.37x | $2.00 Billion | $5.44 Billion | $2.00 Billion | ▼ -32.2% |
| 1997 | 0.54x | $2.34 Billion | $4.32 Billion | $2.34 Billion | ▼ -15.0% |
| 1996 | 0.64x | $2.20 Billion | $3.46 Billion | $2.20 Billion | ▼ -35.8% |
| 1995 | 0.99x | $1.60 Billion | $1.61 Billion | $1.60 Billion | ▲ +75.6% |
| 1994 | 0.57x | $1.26 Billion | $2.22 Billion | $1.26 Billion | ▼ -54.1% |
| 1993 | 1.23x | $1.41 Billion | $1.14 Billion | $1.41 Billion | ▲ +53.5% |
| 1992 | 0.80x | $1.03 Billion | $1.29 Billion | $1.03 Billion | ▲ +44.3% |
| 1991 | 0.56x | $862.00 Million | $1.55 Billion | $862.00 Million | ▼ -53.5% |
| 1990 | 1.20x | $955.00 Million | $799.00 Million | $955.00 Million | ▼ -30.8% |
| 1989 | 1.73x | $857.00 Million | $496.00 Million | $857.00 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow