HP Inc (HPQ) — Financial Flexibility Index
HP Inc (HPQ) has a Financial Flexibility Index of 0.03x as of April 2026. Free cash flow of $1.10 Billion (operating CF $926.00 Million minus capex $170.00 Million) represents 0% of total liabilities ($43.08 Billion). Check HPQ total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
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. For the full cash flow conversion analysis, see HPQ cash generation efficiency.
Annual Financial Flexibility Index for HP Inc (1989–2025)
Year-by-year free cash flow to debt coverage for HP Inc. Explore cash flow to debt ratio of HP Inc to assess how comfortably operating cash covers total debt obligations.
| 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 | ▼ -13.2% |
| 2022 | 0.13x | $5.25 Billion | $4.46 Billion | $41.52 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 | — |