HPQ FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
HPQ's fcf yield is higher than 65% of the last 10 years.
FCF Yield History
HPQ FCF Yield by year
Yearly range of HPQ’s fcf yield from 2016 to 2026. Over the full period it ranged from 6.7% to 23.0%, averaging 11.8%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 11.8% | 15.5% | 19.7% | 13.2% |
| 2025 | 9.4% | 11.3% | 15.6% | 13.3% |
| 2024 | 8.1% | 9.8% | 11.3% | 9.8% |
| 2023 | 6.7% | 9.0% | 14.0% | 9.8% |
| 2022 | 12.3% | 14.8% | 18.0% | 14.0% |
| 2021 | 7.9% | 12.9% | 16.5% | 13.6% |
| 2020 | 8.4% | 12.7% | 23.0% | 11.2% |
| 2019 | 10.1% | 13.1% | 18.1% | 13.0% |
| 2018 | 8.1% | 10.0% | 12.9% | 12.2% |
| 2017 | 7.8% | 10.1% | 14.3% | 9.2% |
| 2016 | 10.0% | 10.6% | 11.3% | 10.9% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is HPQ FCF Yield High or Low Right Now?
HP Inc.'s FCF Yield is currently 13.2%, which is above average relative to its 10-year historical range. The 10-year median FCF Yield for HPQ is approximately 11.3%. See all HPQ valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.