HPENYSEComputer & office EquipmentFiscal year ends October 31Also trades as HPE.PC
Hewlett Packard Enterprise Co
Financials through Q3 FY2026, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 3, 2026
$55.87+0.74 (+1.34%)
Close on Oct 19, 2026
- Market cap
- $80.96B
- P/E (TTM)
- 29.1
- Dividend yield
- 0.93%
Margins
Share of revenue, fiscal years 2012 to 2025
Gross margin
–
Operating margin
-1.3%−0.1 pts over 5 years
Net margin
0.2%+1.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +13.8% | +6.4% | +4.9% | +1.0% | |
| Net income | -97.8% | -59.7% | – | -31.4% | |
| Free cash flow | -68.2% | -24.7% | – | +7.1% | |
| Dividend per share | 0.0% | +2.7% | +7.6% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 9.7% | -1.9% | 0.2% | |
| Return on assets | 4.0% | -0.6% | 0.1% | |
| Current ratio | 1.28 | 0.88 | 1.01 | |
| Debt to equity | 0.50 | 0.99 | 0.91 | |
| Net debt to EBITDA | 0.29× | 4.93× | 7.21× | |
| Interest coverage | 7.1× | -0.5× | -0.4× | |
| Inventory turnover | 6.7× | – | – | |
| Capex to revenue | 10.8% | 8.8% | 6.7% | |
| Diluted shares | 1.74B | 1.29B | 1.32B |
Where the cash went
Fiscal 2021 to 2025, five years combined
Hewlett Packard Enterprise generated $22.15B from operations and spent $17.83B on capital expenditure, dividends and share buybacks. 74% of that went back into the business.
Generated
$22.15B
Used
$17.83B
Capital expenditure$13.11B74%Dividends$3.23B18%Share buybacks$1.50B8%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.2%
×Asset turnover0.47×
×Equity multiplier2.97×
=Return on equity, FY20250.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.2% | 0.47× | 2.97× | 0.2% |
| FY2024 | 8.6% | 0.47× | 2.79× | 11.2% |
| FY2023 | 7.0% | 0.51× | 2.78× | 9.9% |
| FY2022 | 3.0% | 0.50× | 2.88× | 4.4% |
| FY2021 | 12.3% | 0.50× | 3.10× | 19.0% |
| FY2020 | -1.2% | 0.51× | 3.19× | -1.9% |
| FY2019 | 3.6% | 0.54× | 2.80× | 5.5% |
| FY2018 | 6.2% | 0.53× | 2.61× | 8.5% |
| FY2017 | 1.2% | 0.41× | 2.57× | 1.3% |
| FY2016 | 10.4% | 0.38× | 2.46× | 9.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$57.00M
- Cash generatingOperating cash flow above zero$2.92B
- Return on assets improvedROA up on the prior year4.5% → 0.1%
- Earnings backed by cashOperating cash flow above net income$2.92B vs $57.00M
- Less leverageLong-term debt to assets fell18.9% → 23.4%
- Better liquidityCurrent ratio rose1.29 → 1.01
- No dilutionShare count did not rise1.34B → 1.32B
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.53 → 0.48