Hess Corporation (HES) — Free Cash Flow Generation Index
Hess Corporation (HES) has a Free Cash Flow Generation Index of 0.28x as of March 2025. Free cash flow of $389.00 Million represents 0% of operating cash flow ($1.40 Billion). Explore reinvestment intensity of Hess Corporation to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Hess Corporation Free Cash Flow Generation Index (1989–2024)
Historical FCF Generation Index trend for Hess Corporation across 36 annual periods. For the full cash flow conversion analysis, see HES operating cash flow.
Annual Free Cash Flow Generation for Hess Corporation (1989–2024)
Year-by-year Free Cash Flow Generation Index for Hess Corporation. Check Hess Corporation total reinvestment intensity 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 |
|---|---|---|---|---|---|
| 2024 | 0.12x | $654.00 Million | $5.60 Billion | $4.95 Billion | ▲ +377.3% |
| 2023 | -0.04x | $-166.00 Million | $3.94 Billion | $4.11 Billion | ▼ -113.6% |
| 2022 | 0.31x | $1.22 Billion | $3.94 Billion | $2.73 Billion | ▼ -21.9% |
| 2021 | 0.40x | $1.14 Billion | $2.89 Billion | $1.75 Billion | ▲ +161.0% |
| 2020 | -0.65x | $-864.00 Million | $1.33 Billion | $2.20 Billion | ▲ +10.3% |
| 2019 | -0.72x | $-1.19 Billion | $1.64 Billion | $2.83 Billion | ▼ -787.2% |
| 2018 | -0.08x | $-158.00 Million | $1.94 Billion | $2.10 Billion | ▲ +92.2% |
| 2017 | -1.05x | $-992.00 Million | $945.00 Million | $1.94 Billion | ▲ +42.7% |
| 2016 | -1.83x | $-1.46 Billion | $795.00 Million | $2.25 Billion | ▼ -55.0% |
| 2015 | -1.18x | $-2.34 Billion | $1.98 Billion | $4.32 Billion | ▼ -551.0% |
| 2014 | -0.18x | $-810.00 Million | $4.46 Billion | $5.27 Billion | ▲ +8.9% |
| 2013 | -0.20x | $-970.00 Million | $4.87 Billion | $5.84 Billion | ▲ +47.2% |
| 2012 | -0.38x | $-2.13 Billion | $5.66 Billion | $7.79 Billion | ▲ +7.0% |
| 2011 | -0.41x | $-2.02 Billion | $4.98 Billion | $7.01 Billion | ▼ -91.0% |
| 2010 | -0.21x | $-962.00 Million | $4.53 Billion | $5.49 Billion | ▼ -605.4% |
| 2009 | 0.04x | $128.00 Million | $3.05 Billion | $2.92 Billion | ▲ +48.8% |
| 2008 | 0.03x | $129.00 Million | $4.57 Billion | $4.44 Billion | ▲ +239.5% |
| 2007 | -0.02x | $-71.00 Million | $3.51 Billion | $3.58 Billion | ▲ +80.0% |
| 2006 | -0.10x | $-353.00 Million | $3.49 Billion | $3.84 Billion | ▲ +62.9% |
| 2005 | -0.27x | $-501.00 Million | $1.84 Billion | $2.34 Billion | ▼ -235.6% |
| 2004 | 0.20x | $382.00 Million | $1.90 Billion | $1.52 Billion | ▲ +42.3% |
| 2003 | 0.14x | $223.00 Million | $1.58 Billion | $1.36 Billion | ▼ -35.7% |
| 2002 | 0.22x | $431.00 Million | $1.97 Billion | $1.53 Billion | ▲ +179.5% |
| 2001 | -0.28x | $-541.00 Million | $1.96 Billion | $2.50 Billion | ▼ -156.2% |
| 2000 | 0.49x | $905.00 Million | $1.84 Billion | $938.00 Million | ▲ +1516.1% |
| 1999 | -0.03x | $-26.70 Million | $770.00 Million | $796.70 Million | ▲ +98.0% |
| 1998 | -1.77x | $-919.90 Million | $518.80 Million | $1.44 Billion | ▼ -2218.4% |
| 1997 | -0.08x | $-95.60 Million | $1.25 Billion | $1.35 Billion | ▼ -16.8% |
| 1996 | -0.07x | $-52.90 Million | $807.70 Million | $860.60 Million | ▼ -114.8% |
| 1995 | 0.44x | $548.90 Million | $1.24 Billion | $692.10 Million | ▲ +17.4% |
| 1994 | 0.38x | $360.70 Million | $957.00 Million | $596.30 Million | ▲ +158.4% |
| 1993 | -0.65x | $-528.60 Million | $819.40 Million | $1.35 Billion | ▼ -74.7% |
| 1992 | -0.37x | $-420.10 Million | $1.14 Billion | $1.56 Billion | ▼ -44.8% |
| 1991 | -0.26x | $-348.00 Million | $1.36 Billion | $1.71 Billion | ▼ -150.6% |
| 1990 | -0.10x | $-135.00 Million | $1.33 Billion | $1.46 Billion | ▲ +92.0% |
| 1989 | -1.27x | $-1.02 Billion | $805.80 Million | $1.83 Billion | — |