Hess Corporation Financial Flexibility Index
Hess Corporation financial flexibility index. Hess Corporation (HES) has a Financial Flexibility Index of 0.16x as of March 2025. Free cash flow of $2.41 Billion (operating CF $1.40 Billion minus capex $1.01 Billion) represents 0% of total liabilities ($14.75 Billion). See HES free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Hess Corporation (1989–2024)
Financial flexibility index of Hess Corporation from 1989 to 2024. Historical Financial Flexibility Index trend for Hess Corporation across 36 annual periods. Check Hess Corporation cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Hess Corporation Financial Flexibility Index by Year (1989–2024)
Hess Corporation financial flexibility index by year from 1989 to 2024. Year-by-year free cash flow to debt coverage for Hess Corporation. For the full cash flow conversion analysis, see Hess Corporation operating cash flow efficiency.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.72x | $10.55 Billion | $5.60 Billion | $14.55 Billion | ▲ +29.7% |
| 2023 | 0.56x | $8.05 Billion | $3.94 Billion | $14.40 Billion | ▲ +10.6% |
| 2022 | 0.51x | $6.67 Billion | $3.94 Billion | $13.20 Billion | ▲ +47.0% |
| 2021 | 0.34x | $4.64 Billion | $2.89 Billion | $13.49 Billion | ▲ +21.6% |
| 2020 | 0.28x | $3.53 Billion | $1.33 Billion | $12.49 Billion | ▼ -23.6% |
| 2019 | 0.37x | $4.47 Billion | $1.64 Billion | $12.08 Billion | ▼ -3.3% |
| 2018 | 0.38x | $4.04 Billion | $1.94 Billion | $10.54 Billion | ▲ +42.9% |
| 2017 | 0.27x | $2.88 Billion | $945.00 Million | $10.76 Billion | ▲ +14.6% |
| 2016 | 0.23x | $3.05 Billion | $795.00 Million | $13.03 Billion | ▼ -48.8% |
| 2015 | 0.46x | $6.30 Billion | $1.98 Billion | $13.79 Billion | ▼ -23.7% |
| 2014 | 0.60x | $9.74 Billion | $4.46 Billion | $16.26 Billion | ▲ +0.7% |
| 2013 | 0.59x | $10.71 Billion | $4.87 Billion | $18.01 Billion | ▼ -1.9% |
| 2012 | 0.61x | $13.46 Billion | $5.66 Billion | $22.20 Billion | ▲ +3.0% |
| 2011 | 0.59x | $11.99 Billion | $4.98 Billion | $20.38 Billion | ▲ +8.5% |
| 2010 | 0.54x | $10.02 Billion | $4.53 Billion | $18.47 Billion | ▲ +44.6% |
| 2009 | 0.38x | $5.96 Billion | $3.05 Billion | $15.89 Billion | ▼ -32.1% |
| 2008 | 0.55x | $9.01 Billion | $4.57 Billion | $16.28 Billion | ▲ +27.7% |
| 2007 | 0.43x | $7.08 Billion | $3.51 Billion | $16.36 Billion | ▼ -15.6% |
| 2006 | 0.51x | $7.33 Billion | $3.49 Billion | $14.29 Billion | ▲ +57.5% |
| 2005 | 0.33x | $4.18 Billion | $1.84 Billion | $12.83 Billion | ▲ +2.0% |
| 2004 | 0.32x | $3.42 Billion | $1.90 Billion | $10.71 Billion | ▼ -6.0% |
| 2003 | 0.34x | $2.94 Billion | $1.58 Billion | $8.64 Billion | ▼ -12.4% |
| 2002 | 0.39x | $3.50 Billion | $1.97 Billion | $9.01 Billion | ▼ -9.0% |
| 2001 | 0.43x | $4.46 Billion | $1.96 Billion | $10.46 Billion | ▼ -2.0% |
| 2000 | 0.44x | $2.78 Billion | $1.84 Billion | $6.39 Billion | ▲ +30.2% |
| 1999 | 0.33x | $1.57 Billion | $770.00 Million | $4.69 Billion | ▼ -10.6% |
| 1998 | 0.37x | $1.96 Billion | $518.80 Million | $5.24 Billion | ▼ -32.1% |
| 1997 | 0.55x | $2.60 Billion | $1.25 Billion | $4.72 Billion | ▲ +45.1% |
| 1996 | 0.38x | $1.67 Billion | $807.70 Million | $4.40 Billion | ▼ -0.1% |
| 1995 | 0.38x | $1.93 Billion | $1.24 Billion | $5.10 Billion | ▲ +27.9% |
| 1994 | 0.30x | $1.55 Billion | $957.00 Million | $5.24 Billion | ▼ -23.2% |
| 1993 | 0.39x | $2.17 Billion | $819.40 Million | $5.61 Billion | ▼ -23.6% |
| 1992 | 0.51x | $2.70 Billion | $1.14 Billion | $5.33 Billion | ▼ -6.2% |
| 1991 | 0.54x | $3.08 Billion | $1.36 Billion | $5.71 Billion | ▲ +15.0% |
| 1990 | 0.47x | $2.79 Billion | $1.33 Billion | $5.95 Billion | ▼ -23.4% |
| 1989 | 0.61x | $2.63 Billion | $805.80 Million | $4.31 Billion | — |