Heritage Financial Corporation (HFWA) — Free Cash Flow Generation Index
Heritage Financial Corporation (HFWA) has a Free Cash Flow Generation Index of 1.06x as of June 2026. Free cash flow of $24.39 Million represents 1% of operating cash flow ($23.09 Million). Explore HFWA capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Heritage Financial Corporation Free Cash Flow Generation Index (1997–2025)
Historical FCF Generation Index trend for Heritage Financial Corporation across 29 annual periods. For the full cash flow conversion analysis, see how efficiently does Heritage Financial Corporation generate cash.
Annual Free Cash Flow Generation for Heritage Financial Corporation (1997–2025)
Year-by-year Free Cash Flow Generation Index for Heritage Financial Corporation. Check HFWA cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.90x | $85.66 Million | $94.82 Million | $9.16 Million | ▼ -4.5% |
| 2024 | 0.95x | $61.02 Million | $64.48 Million | $3.46 Million | ▲ +4.5% |
| 2023 | 0.91x | $99.15 Million | $109.52 Million | $10.38 Million | ▼ -5.5% |
| 2022 | 0.96x | $90.44 Million | $94.46 Million | $4.02 Million | ▲ +0.1% |
| 2021 | 0.96x | $66.51 Million | $69.53 Million | $3.02 Million | ▲ +6.2% |
| 2020 | 0.90x | $63.33 Million | $70.33 Million | $7.00 Million | ▲ +5.8% |
| 2019 | 0.85x | $74.57 Million | $87.61 Million | $13.04 Million | ▲ +14.6% |
| 2018 | 0.74x | $67.15 Million | $90.41 Million | $23.27 Million | ▼ -22.5% |
| 2017 | 0.96x | $70.45 Million | $73.51 Million | $3.06 Million | ▲ +9.5% |
| 2016 | 0.88x | $47.26 Million | $53.98 Million | $6.72 Million | ▼ -9.2% |
| 2015 | 0.96x | $49.58 Million | $51.40 Million | $1.82 Million | ▲ +4.5% |
| 2014 | 0.92x | $47.40 Million | $51.34 Million | $3.94 Million | ▲ +11.0% |
| 2013 | 0.83x | $25.69 Million | $30.90 Million | $5.21 Million | ▼ -3.5% |
| 2012 | 0.86x | $24.02 Million | $27.88 Million | $3.86 Million | ▲ +1.3% |
| 2011 | 0.85x | $17.74 Million | $20.87 Million | $3.13 Million | ▲ +14.2% |
| 2010 | 0.74x | $20.16 Million | $27.07 Million | $6.91 Million | ▼ -6.9% |
| 2009 | 0.80x | $7.89 Million | $9.87 Million | $1.98 Million | ▼ -7.1% |
| 2008 | 0.86x | $13.32 Million | $15.48 Million | $2.16 Million | ▼ -8.9% |
| 2007 | 0.94x | $12.49 Million | $13.22 Million | $728.00K | ▲ +8.6% |
| 2006 | 0.87x | $9.16 Million | $10.53 Million | $1.37 Million | ▼ -7.9% |
| 2005 | 0.94x | $12.46 Million | $13.20 Million | $738.00K | ▲ +2.1% |
| 2004 | 0.92x | $14.22 Million | $15.38 Million | $1.16 Million | ▼ -0.8% |
| 2003 | 0.93x | $17.84 Million | $19.15 Million | $1.30 Million | ▲ +3.8% |
| 2002 | 0.90x | $7.30 Million | $8.13 Million | $833.00K | ▲ +4.1% |
| 2001 | 0.86x | $7.38 Million | $8.56 Million | $1.18 Million | ▲ +74.4% |
| 2000 | 0.49x | $2.27 Million | $4.58 Million | $2.32 Million | ▼ -41.3% |
| 1999 | 0.84x | $12.80 Million | $15.20 Million | $2.40 Million | ▼ -7.5% |
| 1998 | 0.91x | $7.10 Million | $7.80 Million | $700.00K | ▲ +1.1% |
| 1997 | 0.90x | $3.60 Million | $4.00 Million | $400.00K | — |