HP Inc (HPQ) — Free Cash Flow Generation Index
Latest as of January 2026:
0.39x
HP Inc (HPQ) has a Free Cash Flow Generation Index of 0.39x as of January 2026. Free cash flow of $150.00 Million represents 0% of operating cash flow ($383.00 Million). Read HPQ total debt and obligations for a breakdown of total debt and financial obligations.
FCF Generation Index
0.39x
Free Cash Flow / Operating CF
Free Cash Flow
$150.00 Million
USD
Operating Cash Flow
$383.00 Million
USD
Capital Expenditures
$233.00 Million
USD
HP Inc Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for HP Inc across 37 annual periods. Explore HP Inc (HPQ) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for HP Inc (1989–2025)
Year-by-year Free Cash Flow Generation Index for HP Inc. For the full company profile including market capitalisation, see HP Inc market capitalisation.
| 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).