HP Inc (HPQ) — Free Cash Flow Generation Index

Latest as of April 2026: 0.82x

HP Inc (HPQ) has a Free Cash Flow Generation Index of 0.82x as of April 2026. Free cash flow of $756.00 Million represents 1% of operating cash flow ($926.00 Million). Explore capital reinvestment ratio of HP Inc to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.82x
Free Cash Flow / Operating CF

Free Cash Flow

$756.00 Million
USD

Operating Cash Flow

$926.00 Million
USD

Capital Expenditures

$170.00 Million
USD

HP Inc Free Cash Flow Generation Index (1989–2025)

Historical FCF Generation Index trend for HP Inc across 37 annual periods. For the full cash flow conversion analysis, see cash flow conversion of HP Inc.

Annual Free Cash Flow Generation for HP Inc (1989–2025)

Year-by-year Free Cash Flow Generation Index for HP Inc. Check cash flow reinvestment rate of HP Inc 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 0.76x $2.80 Billion $3.70 Billion $897.00 Million ▼ -10.1%
2024 0.84x $3.16 Billion $3.75 Billion $592.00 Million ▲ +1.5%
2023 0.83x $2.96 Billion $3.57 Billion $609.00 Million ▲ +0.8%
2022 0.82x $3.67 Billion $4.46 Billion $791.00 Million ▼ -9.5%
2021 0.91x $5.83 Billion $6.41 Billion $582.00 Million ▲ +5.0%
2020 0.87x $3.74 Billion $4.32 Billion $580.00 Million ▲ +1.1%
2019 0.86x $3.98 Billion $4.65 Billion $671.00 Million ▼ -2.7%
2018 0.88x $3.98 Billion $4.53 Billion $546.00 Million ▼ -1.3%
2017 0.89x $3.27 Billion $3.68 Billion $402.00 Million ▲ +2.9%
2016 0.87x $2.80 Billion $3.23 Billion $433.00 Million ▲ +94.7%
2015 0.44x $2.89 Billion $6.49 Billion $3.60 Billion ▼ -35.3%
2014 0.69x $8.48 Billion $12.33 Billion $3.85 Billion ▼ -5.1%
2013 0.72x $8.41 Billion $11.61 Billion $3.20 Billion ▲ +11.5%
2012 0.65x $6.87 Billion $10.57 Billion $3.71 Billion ▲ +1.3%
2011 0.64x $8.10 Billion $12.64 Billion $4.54 Billion ▼ -1.9%
2010 0.65x $7.79 Billion $11.92 Billion $4.13 Billion ▼ -9.7%
2009 0.72x $9.68 Billion $13.38 Billion $3.69 Billion ▼ -9.0%
2008 0.80x $11.60 Billion $14.59 Billion $2.99 Billion ▲ +16.3%
2007 0.68x $6.58 Billion $9.62 Billion $3.04 Billion ▼ -11.9%
2006 0.78x $8.82 Billion $11.35 Billion $2.54 Billion ▲ +3.3%
2005 0.75x $6.03 Billion $8.03 Billion $2.00 Billion ▲ +29.1%
2004 0.58x $2.96 Billion $5.09 Billion $2.13 Billion ▼ -13.2%
2003 0.67x $4.06 Billion $6.06 Billion $2.00 Billion ▼ -2.2%
2002 0.69x $3.73 Billion $5.44 Billion $1.71 Billion ▲ +69.9%
2001 0.40x $1.03 Billion $2.56 Billion $1.53 Billion ▼ -33.5%
2000 0.61x $2.69 Billion $4.42 Billion $1.74 Billion ▼ -3.0%
1999 0.63x $1.90 Billion $3.03 Billion $1.13 Billion ▼ -1.1%
1998 0.63x $3.44 Billion $5.44 Billion $2.00 Billion ▲ +37.9%
1997 0.46x $1.98 Billion $4.32 Billion $2.34 Billion ▲ +26.4%
1996 0.36x $1.25 Billion $3.46 Billion $2.20 Billion ▲ +4781.2%
1995 0.01x $12.00 Million $1.61 Billion $1.60 Billion ▼ -98.3%
1994 0.43x $967.00 Million $2.22 Billion $1.26 Billion ▲ +288.8%
1993 -0.23x $-263.00 Million $1.14 Billion $1.41 Billion ▼ -215.9%
1992 0.20x $256.00 Million $1.29 Billion $1.03 Billion ▼ -55.3%
1991 0.44x $690.00 Million $1.55 Billion $862.00 Million ▲ +327.7%
1990 -0.20x $-156.00 Million $799.00 Million $955.00 Million ▲ +73.2%
1989 -0.73x $-361.00 Million $496.00 Million $857.00 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).