HP Inc (HPQ) — Cash Flow Reinvestment Rate

Latest as of January 2026: 0.64x

HP Inc (HPQ) has a Cash Flow Reinvestment Rate of 0.64x as of January 2026, reinvesting $247.00 Million (capex $233.00 Million plus investments $14.00 Million) from operating cash flow of $383.00 Million. Check HP Inc (HPQ) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.64x
(Capex + Investments) / Operating CF

Total Reinvested

$247.00 Million
Capex + Investments

Operating Cash Flow

$383.00 Million
USD

Capital Expenditures

$233.00 Million
USD

HP Inc Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for HP Inc across 37 annual periods. Explore HPQ long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for HP Inc (1989–2025)

Year-by-year capital reinvestment analysis for HP Inc. For live market cap and broader valuation context, see HP Inc market capitalisation.

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