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Dell Technologies Inc.(DELL)Earnings, Financials & Key Ratios
DELL•NYSE
$216.39
$72.26B mkt cap·Price updated May 6, 2026
AboutDell Technologies Inc. designs, develops, manufactures, markets, sells, and supports information technology (IT) solutions, products, and services worldwide. The company operates through three segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The ISG segment provides traditional and next-generation storage solutions; and rack, blade, tower, and hyperscale servers. This segment also offers networking products and services that help its business customers to transform and modernize their infrastructure, mobilize and enrich end-user experiences, and accelerate business applications and processes; attached software and peripherals; and support and deployment, configuration, and extended warranty services. The CSG segment provides desktops, workstations, and notebooks; displays and projectors; attached and third-party software and peripherals, as well as support and deployment, configuration, and extended warranty services. The VMware segment supports customers in the areas of hybrid and multi-cloud, modern applications, networking, security, and digital workspaces, helping customers to manage IT resource across private clouds and complex multi-cloud, multi-device environments. Dell Technologies Inc. also provides information security; and cloud software and infrastructure-as-a-service solutions that enable customers to migrate, run, and manage mission-critical applications in cloud-based IT environments. The company was formerly known as Denali Holding Inc. and changed its name to Dell Technologies Inc. in August 2016. Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas.Show more
- Revenue$113.54B+18.8%
- EBITDA$8.15B-12.9%
- Net Income$5.94B+29.3%
- EPS (Diluted)0.00-100.0%
- Gross Margin20%-10.1%
- EBITDA Margin7.18%-26.7%
- Operating Margin7.18%+10.0%
- Net Margin5.23%+8.8%
- ROIC32.99%+27.1%
DELL Key Insights
Dell Technologies Inc. (DELL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 89 (top 11%)
- ✓Share count reduced 100.0% through buybacks
- ✓Trading near 52-week high
- ✓Efficient asset utilization: 1.1x turnover
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
DELL Price & Volume
Dell Technologies Inc. (DELL) stock price & volume — 10-year historical chart
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DELL Growth Metrics
Dell Technologies Inc. (DELL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years8.35%
5 Years5.55%
3 Years3.53%
TTM18.96%
Profit CAGR
10 Years-
5 Years12.8%
3 Years34.46%
TTM31.68%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-15.79%
Return on Capital
10 Years8.18%
5 Years16.18%
3 Years18.86%
Last Year22.88%
DELL Recent Earnings
Dell Technologies Inc. (DELL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 8/12 qtrs (67%)
Q1 2026Latest
Feb 26, 2026EPS
$3.89
Est $3.53
+10.2%
Revenue
$33.4B
Est $31.7B
+5.4%
Q4 2025
Nov 25, 2025EPS
$2.59
Est $2.47
+4.9%
Revenue
$27.0B
Est $27.2B
-0.6%
Q3 2025
Aug 28, 2025EPS
$2.32
Est $2.29
+1.3%
Revenue
$29.8B
Est $29.0B
+2.6%
Q2 2025
May 29, 2025EPS
$1.55
Est $1.70
-8.8%
Revenue
$23.4B
Est $23.2B
+0.9%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $3.89vs $3.53+10.2% | $33.4Bvs $31.7B+5.4% |
| Q4 2025 | Nov 25, 2025 | $2.59vs $2.47+4.9% | $27.0Bvs $27.2B-0.6% |
| Q3 2025 | Aug 28, 2025 | $2.32vs $2.29+1.3% | $29.8Bvs $29.0B+2.6% |
| Q2 2025 | May 29, 2025 | $1.55vs $1.70-8.8% | $23.4Bvs $23.2B+0.9% |
Based on last 12 quarters of dataView full earnings history →
DELL Peer Comparison
Dell Technologies Inc. (DELL) competitors in Data Center Compute and Storage — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 HPQ | 19.4B | 21.15 | 7.98 | 3.24% | 4.46% | 73.64% | 14.43% | |
 HPE | 39.92B | 30.04 | -673.54 | 14.06% | -0.44% | -0.64% | 1.57% | 0.90 |
 NTAP | 22.6B | 114.14 | 20.13 | 4.85% | 18.07% | 104.66% | 5.92% | 3.36 |
 PSTG | 21.99B | 66.97 | 142.49 | 15.61% | 5.14% | 13.02% | 2.8% | 0.15 |
 STX | 168.14B | 771.01 | 113.89 | 38.86% | 21.6% | 9.16% | 0.49% | |
 WDC | 157.74B | 465.26 | 90.87 | 50.7% | 55.07% | 91.94% | 0.81% | 0.96 |
 SMCI | 16.69B | 27.87 | 16.59 | 46.59% | 5.29% | 26.01% | 9.18% | 0.76 |
 IBM | 214.84B | 229.03 | 20.50 | 7.62% | 15.61% | 35.44% | 5.39% | 2.05 |
Compare DELL vs Peers
Dell Technologies Inc. (DELL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
DELL Income Statement
Dell Technologies Inc. (DELL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jan'18 | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 79.04B | 90.62B | 84.81B | 86.67B | 101.2B | 102.3B | 88.42B | 95.57B | 113.54B |
| Revenue Growth % | 27.15% | 14.65% | -6.41% | 2.19% | 16.76% | 1.09% | -13.56% | 8.08% | 18.8% |
| Cost of Goods Sold | 58.5B | 65.57B | 64.18B | 66.53B | 79.31B | 79.61B | 67.36B | 74.32B | 90.83B |
| COGS % of Revenue | 74.02% | 72.35% | 75.67% | 76.76% | 78.37% | 77.82% | 76.17% | 77.76% | 80% |
| Gross Profit | 20.54B▲ 0% | 25.05B▲ 22.0% | 20.64B▼ 17.6% | 20.14B▼ 2.4% | 21.89B▲ 8.7% | 22.69B▲ 3.6% | 21.07B▼ 7.1% | 21.25B▲ 0.9% | 22.71B▲ 6.9% |
| Gross Margin % | 25.98% | 27.65% | 24.33% | 23.24% | 21.63% | 22.18% | 23.83% | 22.24% | 20% |
| Gross Profit Growth % | 50.47% | 21.99% | -17.62% | -2.42% | 8.69% | 3.63% | -7.13% | 0.86% | 6.86% |
| Operating Expenses | 22.95B | 25.24B | 18.27B | 16.45B | 17.23B | 16.91B | 15.66B | 15.01B | 14.56B |
| OpEx % of Revenue | 29.04% | 27.86% | 21.54% | 18.99% | 17.03% | 16.53% | 17.71% | 15.71% | 12.82% |
| Selling, General & Admin | 18.57B | 20.64B | 15.82B | 14B | 14.56B | 13.77B | 12.34B | 11.95B | 11.42B |
| SG&A % of Revenue | 23.49% | 22.78% | 18.65% | 16.15% | 14.38% | 13.46% | 13.95% | 12.51% | 10.05% |
| Research & Development | 4.38B | 4.6B | 2.45B | 2.46B | 2.58B | 2.78B | 2.8B | 3.06B | 3.14B |
| R&D % of Revenue | 5.55% | 5.08% | 2.89% | 2.83% | 2.55% | 2.72% | 3.17% | 3.2% | 2.77% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 98M | 363M | 522M | 0 | 0 |
| Operating Income | -2.42B▲ 0% | -191M▲ 92.1% | 2.37B▲ 1338.7% | 3.69B▲ 55.7% | 4.66B▲ 26.4% | 5.77B▲ 23.9% | 5.41B▼ 6.2% | 6.24B▲ 15.3% | 8.15B▲ 30.7% |
| Operating Margin % | -3.06% | -0.21% | 2.79% | 4.25% | 4.6% | 5.64% | 6.12% | 6.53% | 7.18% |
| Operating Income Growth % | -1.09% | 92.09% | 1338.74% | 55.75% | 26.43% | 23.87% | -6.24% | 15.27% | 30.66% |
| EBITDA | 6.22B | 7.55B | 8.51B | 9.07B | 9.21B | 8.93B | 8.71B | 9.36B | 8.15B |
| EBITDA Margin % | 7.87% | 8.34% | 10.03% | 10.47% | 9.1% | 8.73% | 9.85% | 9.79% | 7.18% |
| EBITDA Growth % | 144.03% | 21.5% | 12.63% | 6.65% | 1.49% | -3.07% | -2.39% | 7.41% | -12.94% |
| D&A (Non-Cash Add-back) | 8.63B | 7.75B | 6.14B | 5.39B | 4.55B | 3.16B | 3.3B | 3.12B | 0 |
| EBIT | -2.25B | 258M | 2.35B | 4.4B | 7.46B | 4.51B | 5.59B | 6.46B | 0 |
| Net Interest Income | -2.31B | -2.31B | -2.3B | -1.9B | -1.48B | -1.18B | -1.17B | -1.25B | 0 |
| Interest Income | 207M | 313M | 99M | 148M | 62M | 100M | 329M | 160M | 0 |
| Interest Expense | 2.52B | 2.62B | 2.4B | 2.05B | 1.54B | 1.28B | 1.5B | 1.41B | 0 |
| Other Income/Expense | -2.35B | -2.17B | -2.42B | -1.34B | 1.26B | -2.55B | -1.32B | -1.19B | -886M |
| Pretax Income | -4.77B▲ 0% | -2.36B▲ 50.5% | -51M▲ 97.8% | 2.35B▲ 4700.0% | 5.92B▲ 152.5% | 3.23B▼ 45.6% | 4.09B▲ 26.7% | 5.05B▲ 23.5% | 7.26B▲ 43.9% |
| Pretax Margin % | -6.03% | -2.61% | -0.06% | 2.71% | 5.85% | 3.15% | 4.62% | 5.28% | 6.4% |
| Income Tax | -1.84B | -180M | -572M | 101M | 981M | 803M | 715M | 472M | 1.33B |
| Effective Tax Rate % | 38.65% | 7.62% | 1121.57% | 4.31% | 16.56% | 24.9% | 17.49% | 9.35% | 18.27% |
| Net Income | -2.85B▲ 0% | -2.31B▲ 18.9% | 4.62B▲ 299.8% | 3.25B▼ 29.6% | 5.56B▲ 71.2% | 2.44B▼ 56.1% | 3.39B▲ 38.7% | 4.59B▲ 35.5% | 5.94B▲ 29.3% |
| Net Margin % | -3.6% | -2.55% | 5.44% | 3.75% | 5.5% | 2.39% | 3.83% | 4.81% | 5.23% |
| Net Income Growth % | -144.13% | 18.92% | 299.83% | -29.59% | 71.17% | -56.1% | 38.74% | 35.54% | 29.27% |
| Net Income (Continuing) | -2.93B | -2.18B | 521M | 2.25B | 4.94B | 2.42B | 3.37B | 4.58B | 0 |
| Discontinued Operations | 0 | 0 | 5.01B | 1B | 615M | 0 | 0 | 0 | 0 |
| Minority Interest | 5.77B | 4.82B | 4.73B | 5.07B | 105M | 97M | 95M | 95M | 0 |
| EPS (Diluted) | -3.70▲ 0% | -2.96▲ 20.0% | 6.03▲ 303.7% | 4.22▼ 30.0% | 7.02▲ 66.4% | 3.24▼ 53.8% | 4.60▲ 42.0% | 6.38▲ 38.7% | 0.00▼ 100.0% |
| EPS Growth % | -128.4% | 20% | 303.72% | -30.02% | 66.35% | -53.85% | 41.98% | 38.7% | -100% |
| EPS (Basic) | -3.70 | -2.96 | 6.38 | 4.37 | 7.30 | 3.33 | 4.71 | 6.51 | 0.00 |
| Diluted Shares Outstanding | 718.43M | 719M | 751M | 767M | 791M | 753M | 736M | 724M | 0 |
| Basic Shares Outstanding | 770M | 719M | 724M | 744M | 762M | 734M | 736M | 696.13M | 0 |
| Dividend Payout Ratio | - | - | - | - | - | 39.48% | 31.64% | 27.77% | - |
DELL Balance Sheet
Dell Technologies Inc. (DELL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jan'18 | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 40.33B | 36.14B | 36.87B | 43.57B | 45.03B | 42.35B | 35.98B | 36.23B | 57.6B |
| Cash & Short-Term Investments | 16.13B | 9.68B | 9.3B | 9.51B | 9.48B | 8.61B | 7.37B | 3.63B | 11.53B |
| Cash Only | 13.94B | 9.68B | 9.3B | 9.51B | 9.48B | 8.61B | 7.37B | 3.63B | 11.53B |
| Short-Term Investments | 2.19B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 15.64B | 16.77B | 17.38B | 15.99B | 18.13B | 18.14B | 13.99B | 15.6B | 17.59B |
| Days Sales Outstanding | 72.22 | 67.54 | 74.79 | 67.36 | 65.4 | 64.73 | 57.73 | 59.59 | 56.53 |
| Inventory | 2.68B | 3.65B | 3.28B | 3.4B | 5.9B | 4.78B | 3.62B | 6.72B | 10.44B |
| Days Inventory Outstanding | 16.71 | 20.31 | 18.66 | 18.67 | 27.15 | 21.9 | 19.63 | 32.98 | 41.94 |
| Other Current Assets | 5.88B | 6.04B | 6.91B | 14.66B | 11.53B | 10.83B | 11.01B | 10.28B | 18.05B |
| Total Non-Current Assets | 83.86B | 75.68B | 81.99B | 79.85B | 47.7B | 47.26B | 46.14B | 43.52B | 43.68B |
| Property, Plant & Equipment | 5.39B | 5.26B | 7.83B | 4.83B | 5.42B | 6.21B | 6.43B | 6.34B | 6.68B |
| Fixed Asset Turnover | 14.66x | 17.23x | 10.83x | 17.93x | 18.69x | 16.48x | 13.75x | 15.08x | 17.01x |
| Goodwill | 39.92B | 40.09B | 41.69B | 20.03B | 19.77B | 19.68B | 19.7B | 19.12B | 19.55B |
| Intangible Assets | 28.27B | 22.27B | 18.11B | 9.12B | 7.46B | 6.47B | 5.7B | 4.99B | 4.53B |
| Long-Term Investments | 4.16B | 1B | 864M | 1.33B | 1.84B | 1.52B | 1.32B | 1.5B | 1.73B |
| Other Non-Current Assets | 6.13B | 6.41B | 7.54B | 38.31B | 13.22B | 13.39B | 12.99B | 11.58B | 11.2B |
| Total Assets | 124.19B▲ 0% | 111.82B▼ 10.0% | 118.86B▲ 6.3% | 123.42B▲ 3.8% | 92.73B▼ 24.9% | 89.61B▼ 3.4% | 82.13B▼ 8.4% | 79.75B▼ 2.9% | 101.29B▲ 27.0% |
| Asset Turnover | 0.64x | 0.81x | 0.71x | 0.70x | 1.09x | 1.14x | 1.08x | 1.20x | 1.12x |
| Asset Growth % | 5.06% | -9.96% | 6.3% | 3.83% | -24.86% | -3.37% | -8.35% | -2.9% | 27.01% |
| Total Current Liabilities | 45.84B | 44.97B | 52.46B | 54.13B | 56.22B | 51.65B | 48.35B | 46.53B | 63.27B |
| Accounts Payable | 18.33B | 19.21B | 20.07B | 21.57B | 27.14B | 18.6B | 19.23B | 20.83B | 33.63B |
| Days Payables Outstanding | 114.39 | 106.95 | 114.12 | 118.35 | 124.92 | 85.26 | 104.19 | 102.31 | 135.14 |
| Short-Term Debt | 7.87B | 4.32B | 7.74B | 6.36B | 5.82B | 6.57B | 6.98B | 5.2B | 7.99B |
| Deferred Revenue (Current) | 11.61B | 12.94B | 14.88B | 13.2B | 14.26B | 15.54B | 15.32B | 13.67B | 13.33B |
| Other Current Liabilities | 6.43B | 5.54B | 5.85B | 3.94B | 0 | 0 | 0 | 221M | 41.95B |
| Current Ratio | 0.88x | 0.80x | 0.70x | 0.80x | 0.80x | 0.82x | 0.74x | 0.78x | 0.91x |
| Quick Ratio | 0.82x | 0.72x | 0.64x | 0.74x | 0.70x | 0.73x | 0.67x | 0.63x | 0.75x |
| Cash Conversion Cycle | -25.45 | -19.1 | -20.67 | -32.32 | -32.38 | 1.36 | -26.83 | -9.74 | -36.67 |
| Total Non-Current Liabilities | 60.48B | 66.59B | 62.62B | 61.26B | 38.1B | 40.98B | 35.9B | 34.61B | 40.49B |
| Long-Term Debt | 44B | 49.2B | 44.32B | 32.87B | 21.13B | 23.02B | 19.01B | 19.36B | 23.51B |
| Capital Lease Obligations | 0 | 0 | 1.36B | 1.79B | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 6.11B | 5.53B | 3.11B | 2.17B | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.17B | 800M | 913M | 12.04B | 3.65B | 3.22B | 3.06B | 2.95B | 16.97B |
| Total Liabilities | 106.32B | 111.57B | 115.08B | 115.39B | 94.31B | 92.64B | 84.26B | 81.13B | 103.76B |
| Total Debt | 51.87B | 53.52B | 53.85B | 41.45B | 26.95B | 29.59B | 25.99B | 24.57B | 31.5B |
| Net Debt | 37.93B | 43.84B | 44.55B | 31.94B | 17.48B | 20.98B | 18.63B | 20.93B | 19.98B |
| Debt / Equity | 2.90x | 210.71x | 14.23x | 5.16x | - | - | - | - | - |
| Debt / EBITDA | 8.34x | 7.08x | 6.33x | 4.57x | 2.93x | 3.31x | 2.98x | 2.62x | 3.87x |
| Net Debt / EBITDA | 6.10x | 5.80x | 5.24x | 3.52x | 1.90x | 2.35x | 2.14x | 2.24x | 2.45x |
| Interest Coverage | -0.96x | -0.07x | 0.99x | 1.80x | 3.02x | 4.51x | 3.60x | 4.41x | - |
| Total Equity | 17.87B▲ 0% | 254M▼ 98.6% | 3.78B▲ 1389.8% | 8.03B▲ 112.1% | -1.58B▼ 119.7% | -3.02B▼ 91.5% | -2.13B▲ 29.5% | -1.39B▲ 34.9% | -2.47B▼ 78.1% |
| Equity Growth % | -7.13% | -98.58% | 1389.76% | 112.08% | -119.69% | -91.46% | 29.52% | 34.94% | -78.08% |
| Book Value per Share | 24.87 | 0.35 | 5.04 | 10.46 | -2.00 | -4.02 | -2.90 | -1.92 | - |
| Total Shareholders' Equity | 12.1B | -4.57B | -945M | 2.95B | -1.69B | -3.12B | -2.23B | -1.48B | -2.47B |
| Common Stock | 19.89B | 16.11B | 16.09B | 16.85B | 7.9B | 8.42B | 8.93B | 9.12B | 0 |
| Retained Earnings | -6.86B | -21.35B | -16.89B | -13.75B | -8.19B | -6.73B | -4.45B | -1.16B | 3.33B |
| Treasury Stock | -1.44B | -63M | -65M | -305M | -964M | -3.81B | -5.9B | -8.5B | 0 |
| Accumulated OCI | 130M | -467M | -709M | -314M | -431M | -1B | -800M | -939M | -719M |
| Minority Interest | 5.77B | 4.82B | 4.73B | 5.07B | 105M | 97M | 95M | 95M | 0 |
DELL Cash Flow Statement
Dell Technologies Inc. (DELL) cash flow — operating, investing & free cash flow history
| Line item | Jan'18 | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 6.84B | 6.99B | 9.29B | 11.41B | 10.31B | 3.56B | 8.68B | 4.52B | 0 |
| Operating CF Margin % | 8.66% | 7.71% | 10.95% | 13.16% | 10.19% | 3.48% | 9.81% | 4.73% | - |
| Operating CF Growth % | 189.1% | 2.16% | 32.9% | 22.77% | -9.64% | -65.41% | 143.37% | -47.89% | -100% |
| Net Income | -2.93B | -2.18B | 5.53B | 3.5B | 5.71B | 2.42B | 3.37B | 4.58B | 5.94B |
| Depreciation & Amortization | 8.63B | 7.75B | 6.14B | 5.39B | 4.55B | 3.16B | 3.3B | 3.12B | 0 |
| Stock-Based Compensation | 835M | 918M | 1.26B | 1.61B | 1.62B | 931M | 878M | 785M | 0 |
| Deferred Taxes | -2.6B | -1.33B | -6.34B | -399M | -365M | -717M | -91M | -208M | 0 |
| Other Non-Cash Items | 754M | 756M | 938M | -88M | -3.13B | 961M | 609M | 453M | -5.94B |
| Working Capital Changes | 2.15B | 1.08B | 1.76B | 1.39B | 1.92B | -3.19B | 605M | -4.21B | 0 |
| Change in Receivables | -3.24B | -2.41B | -1.61B | -1.12B | -2.43B | -348M | 3.29B | -2.25B | 0 |
| Change in Inventory | -325M | -1.45B | 311M | -243M | -2.51B | 875M | 975M | -3.52B | 0 |
| Change in Payables | 3.78B | 952M | 894M | 1.6B | 5.74B | -8.55B | -498M | 1.7B | 0 |
| Cash from Investing | -2.88B | 3.39B | -4.69B | -460M | 1.31B | -3.02B | -2.78B | -2.21B | -2.06B |
| Capital Expenditures | -1.74B | -1.57B | -2.59B | -2.08B | -2.8B | -3B | -2.76B | -2.65B | 0 |
| CapEx % of Revenue | 2.2% | 1.73% | 3.05% | 2.4% | 2.76% | 2.94% | 3.12% | 2.77% | - |
| Acquisitions | -658M | -760M | -2.47B | 1.76B | 3.94B | -70M | -126M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 30M | 30M | 51M | 28M | 62M | 41M | 45M | 180M | -2.1B |
| Cash from Financing | 403M | -14.33B | -4.6B | -5.95B | -16.61B | -1.63B | -7.09B | -5.82B | -1.46B |
| Debt Issued (Net) | 2.16B | 1.59B | -1.64B | -4.53B | -6.3B | 2.65B | -3.47B | -1.31B | 0 |
| Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 0 |
| Dividends Paid | 0 | -2.13B | 0 | 0 | 0 | -964M | -1.07B | -1.27B | -1.46B |
| Share Repurchases | -1.83B | -14.49B | -3.56B | -1.6B | -1.84B | -3.28B | -2.45B | -3.17B | -6.01B |
| Other Financing | -432M | -104M | -620M | -270M | -8.81B | -39M | -109M | -64M | -5M |
| Net Change in Cash | 4.55B▲ 0% | -4.14B▼ 191.0% | -89M▲ 97.8% | 5.03B▲ 5755.1% | -5.1B▼ 201.4% | -1.19B▲ 76.7% | -1.39B▼ 16.8% | -3.69B▼ 165.9% | 7.89B▲ 313.9% |
| Free Cash Flow | 5.26B▲ 0% | 5.49B▲ 4.4% | 6.7B▲ 22.0% | 9.32B▲ 39.1% | 7.51B▼ 19.5% | 562M▼ 92.5% | 5.92B▲ 953.4% | 1.87B▼ 68.4% | 0▼ 100.0% |
| FCF Margin % | 6.66% | 6.06% | 7.9% | 10.76% | 7.42% | 0.55% | 6.69% | 1.96% | - |
| FCF Growth % | 260.16% | 4.41% | 22.02% | 39.1% | -19.45% | -92.52% | 953.38% | -68.43% | -100% |
| FCF per Share | 7.32 | 7.64 | 8.93 | 12.16 | 9.50 | 0.75 | 8.04 | 2.58 | - |
| FCF Conversion (FCF/Net Income) | -2.40x | -3.03x | 2.01x | 3.51x | 1.85x | 1.46x | 2.56x | 0.98x | - |
| Interest Paid | 2.19B | 2.35B | 2.5B | 2.28B | 1.82B | 1.17B | 1.44B | 1.3B | 0 |
| Taxes Paid | 924M | 747M | 1.41B | 1.42B | 1.26B | 1.21B | 1.38B | 555M | 0 |
DELL Key Ratios
Dell Technologies Inc. (DELL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -11.21% | -15.35% | -25.49% | 228.63% | 55.04% | 172.63% | - | - | - | - |
| Return on Invested Capital (ROIC) | -5.27% | -3.15% | -0.29% | 3.84% | 6.26% | 12.51% | 25.57% | 23.56% | 25.96% | 32.99% |
| Gross Margin | 21.96% | 25.98% | 27.65% | 24.33% | 23.24% | 21.63% | 22.18% | 23.83% | 22.24% | 20% |
| Net Margin | -1.88% | -3.6% | -2.55% | 5.44% | 3.75% | 5.5% | 2.39% | 3.83% | 4.81% | 5.23% |
| Debt / Equity | 2.57x | 2.90x | 210.71x | 14.23x | 5.16x | - | - | - | - | - |
| Interest Coverage | -1.33x | -0.96x | -0.07x | 0.99x | 1.80x | 3.02x | 4.51x | 3.60x | 4.41x | - |
| FCF Conversion | -2.03x | -2.40x | -3.03x | 2.01x | 3.51x | 1.85x | 1.46x | 2.56x | 0.98x | - |
| Revenue Growth | 22.1% | 27.15% | 14.65% | -6.41% | 2.19% | 16.76% | 1.09% | -13.56% | 8.08% | 18.8% |
DELL SEC Filings & Documents
Dell Technologies Inc. (DELL) SEC filings — annual & quarterly reports (10-K, 10-Q)
DELL Frequently Asked Questions
Dell Technologies Inc. (DELL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Dell Technologies Inc. (DELL) reported $113.54B in revenue for fiscal year 2026. This represents a 101% increase from $56.38B in 2014.
Dell Technologies Inc. (DELL) grew revenue by 18.8% over the past year. This is strong growth.
Yes, Dell Technologies Inc. (DELL) is profitable, generating $5.94B in net income for fiscal year 2026 (5.2% net margin).
Dividend & Returns
Dell Technologies Inc. (DELL) generated $4.60B in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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