Latest period
$815M
YoY change
+51.5%
5Y CAGR
+9.1%
Peak year (FY2011)
$4.54B
Cumulative CapEx
$68.5B
CapEx history chart for HP (HPQ) from 2016 to 2025
Latest: $897M
CapEx growth chart for HP (HPQ) from 2016 to 2025
Latest: +51.5%
CapEx history table for HP (HPQ) from 1989 to 2025
| FY2025 | $897M | +51.5% | +$305M | ||
| FY2024 | $592M | -2.8% | -$17M | ||
| FY2023 | $609M | -23.0% | -$182M | ||
| FY2022 | $791M | +35.9% | +$209M | ||
| FY2021 | $582M | +0.3% | +$2M | ||
| FY2020 | $580M | -13.6% | -$91M | ||
| FY2019 | $671M | +22.9% | +$125M | ||
| FY2018 | $546M | +35.8% | +$144M | ||
| FY2017 | $402M | -7.2% | -$31M | ||
| FY2016 | $433M | -88.0% | -$3.17B | ||
| FY2015 | $3.6B | -6.5% | -$250M | ||
| FY2014 | $3.85B | +20.4% | +$654M | ||
| FY2013 | $3.2B | -13.7% | -$507M | ||
| FY2012 | $3.71B | -18.4% | -$833M | ||
| FY2011 | $4.54B | +9.8% | +$406M | ||
| FY2010 | $4.13B | +11.9% | +$438M | ||
| FY2009 | $3.7B | +23.6% | +$705M | ||
| FY2008 | $2.99B | -1.6% | -$50M | ||
| FY2007 | $3.04B | +19.9% | +$504M | ||
| FY2006 | $2.54B | +27.1% | +$541M | ||
| FY2005 | $2B | -6.2% | -$131M | ||
| FY2004 | $2.13B | +6.6% | +$131M | ||
| FY2003 | $2B | +16.7% | +$285M | ||
| FY2002 | $1.71B | +12.0% | +$183M | ||
| FY2001 | $1.53B | -12.1% | -$210M | ||
| FY2000 | $1.74B | +53.2% | +$603M | ||
| FY1999 | $1.13B | -43.2% | -$863M | ||
| FY1998 | $2B | -14.6% | -$341M | ||
| FY1997 | $2.34B | +6.2% | +$137M | ||
| FY1996 | $2.2B | +37.5% | +$600M | ||
| FY1995 | $1.6B | +27.4% | +$344M | ||
| FY1994 | $1.26B | -10.5% | -$148M | ||
| FY1993 | $1.41B | +36.1% | +$373M | ||
| FY1992 | $1.03B | +19.7% | +$170M | ||
| FY1991 | $862M | -9.7% | -$93M | ||
| FY1990 | $955M | +11.4% | +$98M | ||
| FY1989 | $857M | — | — |
- FY2025$897M+51.5%
- FY2024$592M-2.8%
- FY2023$609M-23.0%
- FY2022$791M+35.9%
- FY2021$582M+0.3%
- FY2020$580M-13.6%
- FY2019$671M+22.9%
- FY2018$546M+35.8%
- FY2017$402M-7.2%
- FY2016$433M-88.0%
- FY2015$3.6B-6.5%
- FY2014$3.85B+20.4%
- FY2013$3.2B-13.7%
- FY2012$3.71B-18.4%
- FY2011$4.54B+9.8%
- FY2010$4.13B+11.9%
- FY2009$3.7B+23.6%
- FY2008$2.99B-1.6%
- FY2007$3.04B+19.9%
- FY2006$2.54B+27.1%
- FY2005$2B-6.2%
- FY2004$2.13B+6.6%
- FY2003$2B+16.7%
- FY2002$1.71B+12.0%
- FY2001$1.53B-12.1%
- FY2000$1.74B+53.2%
- FY1999$1.13B-43.2%
- FY1998$2B-14.6%
- FY1997$2.34B+6.2%
- FY1996$2.2B+37.5%
- FY1995$1.6B+27.4%
- FY1994$1.26B-10.5%
- FY1993$1.41B+36.1%
- FY1992$1.03B+19.7%
- FY1991$862M-9.7%
- FY1990$955M+11.4%
- FY1989$857M—
CapEx values are taken from HP's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at HP (HPQ)
According to HP's latest reported financial statements, the company's current CapEx (TTM) is $815M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of HP (HPQ) CapEx is $897M – surged 51.5% year-over-year.
Over 2020–2025 (5 years), HP CapEx expanded at a +9.1% compound annual rate, with mixed annual results across the window.
HP CapEx peaked at $4.54B in 2011; the latest annual figure is $897M in 2025 (80.2% below peak).
The highest annual CapEx of $4.54B was reported in 2011. The lowest in the available history was $402M in 2017.
HP Capital Expenditures by Year
HP Capital Expenditures 2025: $897M
HP posted CapEx of $897M in 2025, surged 51.5% from 2024.
HP Capital Expenditures 2024: $592M
In 2024, HP reported CapEx of $592M, edged down 2.8% below 2023.
HP Capital Expenditures 2023: $609M
HP CapEx in 2023 was $609M, declined 23.0% below 2022.
HP Capital Expenditures 2022: $791M
2022's CapEx for HP came in at $791M, surged 35.9% from 2021.
HP Capital Expenditures 2021: $582M
HP CapEx in 2021 was $582M.
See more financial history for HP (HPQ).
Sector peers by CapEx
Technology peers of HP (HPQ), ranked by their latest CapEx
| $116B | |
| $41.5B | |
| $15.9B | |
| $12.7B | |
| $6.04B | |
| $974M | |
| $623M |
- $116B
- $41.5B
- $15.9B
- $12.7B
- $6.04B
- $974M
- $623M
Frequently asked questions
HP (HPQ) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks5.59% TTM
- Dividend Profile4.19% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History8 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.