Heritage Financial Corporation (HFWA) — Free Cash Flow Generation Index
Heritage Financial Corporation (HFWA) has a Free Cash Flow Generation Index of 1.00x as of March 2026. Free cash flow of $13.97 Million represents 1% of operating cash flow ($13.97 Million). See HFWA net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. Explore HFWA operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Heritage Financial Corporation (1997–2025)
Year-by-year Free Cash Flow Generation Index for Heritage Financial Corporation. For the full company profile including market capitalisation, see market value of Heritage Financial Corporation.
| 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 | — |