HP Inc (HPQ) — Financial Flexibility Index
HP Inc (HPQ) has a Financial Flexibility Index of 0.02x as of January 2026. Free cash flow of $616.00 Million (operating CF $383.00 Million minus capex $233.00 Million) represents 0% of total liabilities ($38.13 Billion). Check HPQ strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
HP Inc Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for HP Inc across 37 annual periods. See HPQ net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for HP Inc (1989–2025)
Year-by-year free cash flow to debt coverage for HP Inc. For the full company profile including market capitalisation, see HP Inc (HPQ) market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.11x | $4.59 Billion | $3.70 Billion | $42.12 Billion | ▲ +3.6% |
| 2024 | 0.11x | $4.34 Billion | $3.75 Billion | $41.23 Billion | ▼ -4.1% |
| 2023 | 0.11x | $4.18 Billion | $3.57 Billion | $38.07 Billion | ▼ -13.3% |
| 2022 | 0.13x | $5.25 Billion | $4.46 Billion | $41.51 Billion | ▼ -27.1% |
| 2021 | 0.17x | $6.99 Billion | $6.41 Billion | $40.25 Billion | ▲ +30.9% |
| 2020 | 0.13x | $4.90 Billion | $4.32 Billion | $36.91 Billion | ▼ -13.7% |
| 2019 | 0.15x | $5.33 Billion | $4.65 Billion | $34.66 Billion | ▲ +6.8% |
| 2018 | 0.14x | $5.07 Billion | $4.53 Billion | $35.26 Billion | ▲ +28.1% |
| 2017 | 0.11x | $4.08 Billion | $3.68 Billion | $36.32 Billion | ▲ +0.9% |
| 2016 | 0.11x | $3.66 Billion | $3.23 Billion | $32.90 Billion | ▼ -13.1% |
| 2015 | 0.13x | $10.09 Billion | $6.49 Billion | $78.73 Billion | ▼ -39.7% |
| 2014 | 0.21x | $16.19 Billion | $12.33 Billion | $76.08 Billion | ▲ +12.1% |
| 2013 | 0.19x | $14.81 Billion | $11.61 Billion | $78.02 Billion | ▲ +14.2% |
| 2012 | 0.17x | $14.28 Billion | $10.57 Billion | $85.94 Billion | ▼ -12.5% |
| 2011 | 0.19x | $17.18 Billion | $12.64 Billion | $90.51 Billion | ▼ -1.0% |
| 2010 | 0.19x | $16.05 Billion | $11.92 Billion | $83.72 Billion | ▼ -16.6% |
| 2009 | 0.23x | $17.07 Billion | $13.38 Billion | $74.28 Billion | ▼ -2.7% |
| 2008 | 0.24x | $17.58 Billion | $14.59 Billion | $74.39 Billion | ▼ -6.3% |
| 2007 | 0.25x | $12.65 Billion | $9.62 Billion | $50.17 Billion | ▼ -20.4% |
| 2006 | 0.32x | $13.89 Billion | $11.35 Billion | $43.84 Billion | ▲ +26.9% |
| 2005 | 0.25x | $10.02 Billion | $8.03 Billion | $40.14 Billion | ▲ +33.5% |
| 2004 | 0.19x | $7.21 Billion | $5.09 Billion | $38.57 Billion | ▼ -14.2% |
| 2003 | 0.22x | $8.05 Billion | $6.06 Billion | $36.96 Billion | ▲ +4.9% |
| 2002 | 0.21x | $7.15 Billion | $5.44 Billion | $34.45 Billion | ▼ -5.4% |
| 2001 | 0.22x | $4.09 Billion | $2.56 Billion | $18.63 Billion | ▼ -29.5% |
| 2000 | 0.31x | $6.16 Billion | $4.42 Billion | $19.80 Billion | ▲ +26.9% |
| 1999 | 0.25x | $4.17 Billion | $3.03 Billion | $17.00 Billion | ▼ -44.8% |
| 1998 | 0.44x | $7.44 Billion | $5.44 Billion | $16.75 Billion | ▲ +4.0% |
| 1997 | 0.43x | $6.66 Billion | $4.32 Billion | $15.59 Billion | ▲ +7.7% |
| 1996 | 0.40x | $5.66 Billion | $3.46 Billion | $14.26 Billion | ▲ +55.4% |
| 1995 | 0.26x | $3.21 Billion | $1.61 Billion | $12.59 Billion | ▼ -29.3% |
| 1994 | 0.36x | $3.48 Billion | $2.22 Billion | $9.64 Billion | ▲ +16.6% |
| 1993 | 0.31x | $2.55 Billion | $1.14 Billion | $8.22 Billion | ▼ -17.2% |
| 1992 | 0.37x | $2.32 Billion | $1.29 Billion | $6.20 Billion | ▼ -27.1% |
| 1991 | 0.51x | $2.41 Billion | $1.55 Billion | $4.70 Billion | ▲ +47.2% |
| 1990 | 0.35x | $1.75 Billion | $799.00 Million | $5.03 Billion | ▲ +19.3% |
| 1989 | 0.29x | $1.35 Billion | $496.00 Million | $4.63 Billion | — |