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Hewlett Packard Enterprise Company (HPE) 10-Year Financial Performance & Capital Metrics

HPE • • Industrial / General
TechnologyCommunication EquipmentEnterprise Networking & Unified CommunicationsEnterprise Network Equipment
AboutHewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers general purpose servers for multi-workload computing and workload-optimized servers; HPE ProLiant rack and tower servers; HPE BladeSystem and HPE Synergy; and solutions for secondary workloads and traditional tape, storage networking, and disk products, such as HPE Modular Storage Arrays and HPE XP. It also offers HPE Apollo and Cray products; and HPE Superdome Flex, HPE Nonstop, HPE Integrity, and HPE Edgeline products. In addition, the company provides HPE Aruba product portfolio that includes wired and wireless local area network hardware products, such as Wi-Fi access points, switches, routers, and sensors; HPE Aruba software and services comprising cloud-based management, network management, network access control, analytics and assurance, and location; and professional and support services, as well as as-a-service and consumption models for the intelligent edge portfolio of products. Further, it offers various leasing, financing, IT consumption, and utility programs and asset management services for customers to facilitate technology deployment models and the acquisition of complete IT solutions, including hardware, software, and services from Hewlett Packard Enterprise and others. Additionally, the company invests in communications and media solutions. It has a partnership with Striim, Inc. to offer high performance and mission-critical solutions with real-time analytics. It serves commercial and large enterprise groups, such as business and public sector enterprises; and through various partners comprising resellers, distribution partners, original equipment manufacturers, independent software vendors, systems integrators, and advisory firms. Hewlett Packard Enterprise Company was founded in 1939 and is headquartered in Houston, Texas.Show more
  • Revenue $34.3B +13.8%
  • EBITDA $4.38B -7.8%
  • Net Income $57M -97.8%
  • EPS (Diluted) -0.04 -102.3%
  • Gross Margin 28.77% -12.3%
  • EBITDA Margin 12.77% -19.0%
  • Operating Margin 4.79% -34.1%
  • Net Margin 0.17% -98.1%
  • ROE 0.23% -97.9%
  • ROIC 3.46% -36.4%
  • Debt/Equity 0.90 +13.4%
  • Interest Coverage 9.39 -49.8%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Healthy dividend yield of 2.7%
  • ✓Trading at only 1.2x book value

✗Weaknesses

  • ✗Dividend payout exceeds 100% of earnings

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-4.05%
5Y4.94%
3Y6.86%
TTM14.06%

Profit (Net Income) CAGR

10Y-31.38%
5Y-
3Y-59.66%
TTM-97.79%

EPS CAGR

10Y-
5Y-
3Y-
TTM-104.19%

ROCE

10Y Avg5.21%
5Y Avg5.41%
3Y Avg5.27%
Latest3.41%

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
NTGRNETGEAR, Inc.644.17M22.6854-9.05%-3.73%-5.15%24.19%0.06
CSCOCisco Systems, Inc.297.32B75.2529.515.3%17.9%22.04%4.47%0.63
SILCSilicom Ltd.88.97M15.68-6.88-53.18%-25.41%-12.24%19.51%0.05
EXTRExtreme Networks, Inc.2.15B16.09-285.282.05%0.81%13.88%5.92%3.41
HPEHewlett Packard Enterprise Company29.29B21.95-492.1513.84%0.17%0.23%2.14%0.90

Profit & Loss

Oct 2016Oct 2017Oct 2018Oct 2019Oct 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025
Sales/Revenue+30.33B28.94B30.88B28.9B26.94B27.86B28.11B29.11B30.13B34.3B
Revenue Growth %-0.41%-0.05%0.07%-0.06%-0.07%0.03%0.01%0.04%0.04%0.14%
Cost of Goods Sold+20.78B20.5B21.91B19.91B18.89B18.76B19.28B19.18B20.25B24.43B
COGS % of Revenue0.69%0.71%0.71%0.69%0.7%0.67%0.69%0.66%0.67%0.71%
Gross Profit+9.55B8.44B8.96B8.99B8.05B9.1B8.82B9.92B9.88B9.87B
Gross Margin %0.31%0.29%0.29%0.31%0.3%0.33%0.31%0.34%0.33%0.29%
Gross Profit Growth %-0.31%-0.12%0.06%0%-0.1%0.13%-0.03%0.12%-0%-0%
Operating Expenses+7.09B6.43B6.59B6.75B6.5B6.91B6.99B7.51B7.69B8.22B
OpEx % of Revenue0.23%0.22%0.21%0.23%0.24%0.25%0.25%0.26%0.26%0.24%
Selling, General & Admin7.82B5.01B4.85B4.91B4.62B4.93B4.94B5.16B4.87B5.7B
SG&A % of Revenue0.26%0.17%0.16%0.17%0.17%0.18%0.18%0.18%0.16%0.17%
Research & Development2.3B1.49B1.66B1.84B1.87B1.98B2.04B2.35B2.25B2.52B
R&D % of Revenue0.08%0.05%0.05%0.06%0.07%0.07%0.07%0.08%0.07%0.07%
Other Operating Expenses00000000571M0
Operating Income+2.46B2.01B2.37B2.24B1.55B2.19B1.84B2.41B2.19B1.64B
Operating Margin %0.08%0.07%0.08%0.08%0.06%0.08%0.07%0.08%0.07%0.05%
Operating Income Growth %-0.24%-0.18%0.18%-0.05%-0.31%0.41%-0.16%0.31%-0.09%-0.25%
EBITDA+6.23B5.06B4.95B4.78B4.18B4.79B4.32B5.03B4.75B4.38B
EBITDA Margin %0.21%0.17%0.16%0.17%0.16%0.17%0.15%0.17%0.16%0.13%
EBITDA Growth %-0.13%-0.19%-0.02%-0.03%-0.13%0.15%-0.1%0.16%-0.05%-0.08%
D&A (Non-Cash Add-back)3.77B3.05B2.58B2.54B2.63B2.6B2.48B2.62B2.56B2.74B
EBIT4.16B769M558M1.87B-186M3.73B1.92B2.23B2.49B-110M
Net Interest Income+-298M-497M-290M-315M-256M-138M-1.04B138M-117M-175M
Interest Income0000000138M00
Interest Expense298M497M290M315M256M138M1.04B0117M175M
Other Income/Expense1.41B-1.74B-2.1B-691M-2B1.39B-963M-184M763M-1.93B
Pretax Income+4.08B272M268M1.55B-442M3.59B876M2.23B2.95B-285M
Pretax Margin %0.13%0.01%0.01%0.05%-0.02%0.13%0.03%0.08%0.1%-0.01%
Income Tax+623M-164M-1.74B504M-120M160M8M205M374M-342M
Effective Tax Rate %0.77%1.26%7.12%0.68%0.73%0.96%0.99%0.91%0.87%-0.2%
Net Income+3.16B344M1.91B1.05B-322M3.43B868M2.02B2.58B57M
Net Margin %0.1%0.01%0.06%0.04%-0.01%0.12%0.03%0.07%0.09%0%
Net Income Growth %0.28%-0.89%4.55%-0.45%-1.31%11.64%-0.75%1.33%0.27%-0.98%
Net Income (Continuing)3.24B436M2.01B1.05B-322M3.43B868M2.02B2.58B57M
Discontinued Operations0000000000
Minority Interest70M39M35M51M47M46M45M56M64M66M
EPS (Diluted)+1.820.211.230.77-0.252.580.661.541.93-0.04
EPS Growth %0.36%-0.88%4.86%-0.37%-1.32%11.32%-0.74%1.33%0.25%-1.02%
EPS (Basic)1.840.211.250.78-0.252.620.671.561.95-0.04
Diluted Shares Outstanding1.74B1.67B1.55B1.37B1.29B1.33B1.32B1.32B1.34B1.32B
Basic Shares Outstanding1.72B1.65B1.53B1.35B1.29B1.31B1.3B1.3B1.31B1.32B
Dividend Payout Ratio0.12%1.24%0.3%0.58%-0.18%0.72%0.31%0.26%13.96%

Balance Sheet

Oct 2016Oct 2017Oct 2018Oct 2019Oct 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025
Total Current Assets+28.92B21.44B17.27B15.14B16.56B18.88B20.51B18.95B33.46B24.99B
Cash & Short-Term Investments12.99B9.58B4.88B3.75B4.23B4B4.16B4.27B14.85B5.77B
Cash Only12.99B9.58B4.88B3.75B4.23B4B4.16B4.27B14.85B5.77B
Short-Term Investments0000000000
Accounts Receivable8.26B8.46B8.94B6.53B7.18B7.91B7.62B7.02B7.42B9.12B
Days Sales Outstanding99.4106.64105.7182.4597.26103.6398.9988.0889.997.02
Inventory1.77B2.31B2.45B2.39B2.67B4.51B5.16B4.61B7.81B6.35B
Days Inventory Outstanding31.1641.2240.7643.7651.6687.7697.6987.65140.7894.9
Other Current Assets5B14M210M6.05B6.26B2.46B3.56B3.05B3.38B3.75B
Total Non-Current Assets+50.76B39.96B38.22B36.66B37.46B38.82B36.62B38.2B37.8B50.91B
Property, Plant & Equipment6.38B6.27B6.14B6.05B6.55B6.5B6.64B6.97B7.07B6B
Fixed Asset Turnover4.76x4.62x5.03x4.77x4.11x4.29x4.23x4.18x4.26x5.71x
Goodwill24.18B17.52B17.54B18.31B18.02B18.31B17.4B17.99B18.09B30.14B
Intangible Assets1.08B1.04B789M1.13B1.1B1.02B733M654M510M0
Long-Term Investments2.65B2.54B2.4B2.25B2.17B2.21B2.16B2.2B929M955M
Other Non-Current Assets22.12B7.94B8.96B7.4B7.84B8.76B7.56B8.13B8.81B13.82B
Total Assets+79.68B61.41B55.49B51.8B54.02B57.7B57.12B57.15B71.26B75.91B
Asset Turnover0.38x0.47x0.56x0.56x0.50x0.48x0.49x0.51x0.42x0.45x
Asset Growth %-0.02%-0.23%-0.1%-0.07%0.04%0.07%-0.01%0%0.25%0.07%
Total Current Liabilities+22.53B18.92B17.2B19.16B18.74B20.69B23.17B21.88B25.97B24.64B
Accounts Payable4.95B6.07B6.09B5.59B5.38B7B8.72B7.14B11.06B7.73B
Days Payables Outstanding86.86108.12101.46102.58104136.26165135.77199.44115.51
Short-Term Debt3.2B3.85B2B4.42B3.75B3.55B4.61B4.87B4.74B4.61B
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities6.93B1.16B1.41B1.52B1.39B1.78B1.4B1.72B1.39B4.75B
Current Ratio1.28x1.13x1.00x0.79x0.88x0.91x0.88x0.87x1.29x1.01x
Quick Ratio1.20x1.01x0.86x0.67x0.74x0.69x0.66x0.66x0.99x0.76x
Cash Conversion Cycle43.739.744523.6444.9355.1331.6839.9631.2476.42
Total Non-Current Liabilities+25.63B18.98B17.02B15.49B19.18B17B14.04B14.03B20.41B26.51B
Long-Term Debt12.17B10.18B10.14B9.39B12.19B9.9B7.85B7.49B13.5B17.76B
Capital Lease Obligations0000898M938M851M966M1.31B0
Deferred Tax Liabilities143M0000494M320M326M373M0
Other Non-Current Liabilities10.94B6.31B4.24B3.35B3.31B2.69B2.06B1.97B1.65B8.75B
Total Liabilities48.16B37.9B34.22B34.65B37.92B37.68B37.21B35.91B46.38B51.15B
Total Debt+15.69B14.03B12.14B13.82B17.03B14.58B13.48B13.52B19.82B22.36B
Net Debt2.71B4.45B7.26B10.07B12.79B10.58B9.32B9.24B4.97B16.59B
Debt / Equity0.50x0.60x0.57x0.81x1.06x0.73x0.68x0.64x0.80x0.90x
Debt / EBITDA2.52x2.77x2.45x2.89x4.07x3.04x3.12x2.69x4.17x5.10x
Net Debt / EBITDA0.43x0.88x1.47x2.11x3.06x2.21x2.16x1.84x1.05x3.79x
Interest Coverage8.24x4.05x8.18x7.12x6.07x15.91x1.76x-18.72x9.39x
Total Equity+31.52B23.5B21.27B17.15B16.1B20.02B19.91B21.24B24.88B24.75B
Equity Growth %-0.07%-0.25%-0.09%-0.19%-0.06%0.24%-0.01%0.07%0.17%-0.01%
Book Value per Share18.1214.0413.7012.5512.4415.0515.0616.1418.6118.70
Total Shareholders' Equity31.45B23.47B21.24B17.1B16.05B19.97B19.86B21.18B24.82B24.69B
Common Stock17M16M14M13M13M13M13M13M13M13M
Retained Earnings2.78B-7.24B-5.9B-7.63B-8.38B-5.6B-5.35B-3.95B-2.07B-2.81B
Treasury Stock0000000000
Accumulated OCI-6.6B-2.9B-3.22B-3.73B-3.94B-2.92B-3.1B-3.08B-2.98B-2.75B
Minority Interest70M39M35M51M47M46M45M56M64M66M

Cash Flow

Oct 2016Oct 2017Oct 2018Oct 2019Oct 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025
Cash from Operations+4.96B889M2.96B4B2.24B5.87B4.59B4.43B4.34B2.92B
Operating CF Margin %0.16%0.03%0.1%0.14%0.08%0.21%0.16%0.15%0.14%0.09%
Operating CF Growth %0.35%-0.82%2.33%0.35%-0.44%1.62%-0.22%-0.04%-0.02%-0.33%
Net Income3.16B344M1.91B1.05B-322M3.43B868M2.02B2.58B57M
Depreciation & Amortization3.77B3.05B2.58B2.54B2.63B2.6B2.48B2.62B2.56B2.74B
Stock-Based Compensation558M428M286M268M274M382M391M428M430M643M
Deferred Taxes-1.34B-1.12B2.23B1.08B-294M-167M-249M-67M-64M-565M
Other Non-Cash Items-701M1.61B804M801M2.2B1B1.67B458M-480M2.75B
Working Capital Changes-490M-3.43B-4.84B-1.74B-2.25B-1.37B-570M-1.03B-688M-2.71B
Change in Receivables991M457M-220M374M-461M-591M-186M577M-83M-853M
Change in Inventory34M-542M-260M46M-527M-1.96B-713M400M-3.36B1.78B
Change in Payables66M992M-27M-525M-225M1.61B1.71B-1.66B3.93B-3.47B
Cash from Investing+419M-4.91B-2.07B-3.46B-2.58B-2.8B-2.09B-3.28B-53M-13.19B
Capital Expenditures-3.28B-3.14B-2.96B-2.86B-2.38B-2.5B-3.12B-2.83B-2.37B-2.29B
CapEx % of Revenue0.11%0.11%0.1%0.1%0.09%0.09%0.11%0.1%0.08%0.07%
Acquisitions----------
Investments----------
Other Investing450M459M1.01B938M724M256M226M311M328M-183M
Cash from Financing+-2.33B610M-5.59B-1.55B883M-3.36B-1.8B-1.36B6.28B1.05B
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-373M-428M-570M-608M-618M-625M-621M-619M-676M-796M
Share Repurchases----------
Other Financing535M4.67B222M48M-7M-18M-67M-113M-92M-299M
Net Change in Cash----------
Free Cash Flow+1.68B-2.25B8M1.14B-143M3.37B1.47B1.6B1.97B627M
FCF Margin %0.06%-0.08%0%0.04%-0.01%0.12%0.05%0.05%0.07%0.02%
FCF Growth %4.29%-2.34%1%141.63%-1.13%24.56%-0.56%0.09%0.23%-0.68%
FCF per Share0.96-1.340.010.84-0.112.531.111.221.480.47
FCF Conversion (FCF/Net Income)1.57x2.58x1.55x3.81x-6.96x1.71x5.29x2.19x1.68x51.21x
Interest Paid585M415M609M593M574M486M453M677M772M0
Taxes Paid656M836M538M518M297M398M107M307M248M0

Key Ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)9.66%1.25%8.52%5.46%-1.94%18.98%4.35%9.84%11.18%0.23%
Return on Invested Capital (ROIC)4.97%4.86%6.3%6.04%4.15%5.53%4.61%6.06%5.44%3.46%
Gross Margin31.49%29.17%29.02%31.12%29.88%32.67%31.4%34.09%32.79%28.77%
Net Margin10.42%1.19%6.18%3.63%-1.2%12.3%3.09%6.96%8.56%0.17%
Debt / Equity0.50x0.60x0.57x0.81x1.06x0.73x0.68x0.64x0.80x0.90x
Interest Coverage8.24x4.05x8.18x7.12x6.07x15.91x1.76x-18.72x9.39x
FCF Conversion1.57x2.58x1.55x3.81x-6.96x1.71x5.29x2.19x1.68x51.21x
Revenue Growth-41.49%-4.58%6.69%-6.39%-6.77%3.42%0.87%3.55%3.5%13.84%

Revenue by Segment

2015201620172018201920202021202220232024
Server---------16.2B
Server Growth----------
Hybrid Cloud---------5.39B
Hybrid Cloud Growth----------
Intelligent Edge---2.93B2.84B2.85B3.29B3.67B5.2B4.53B
Intelligent Edge Growth-----3.14%0.63%15.13%11.77%41.64%-12.91%
Financial Services3.22B3.19B3.6B3.67B3.58B3.35B3.4B3.34B3.48B3.51B
Financial Services Growth--0.81%12.92%1.92%-2.45%-6.39%1.46%-1.82%4.22%0.92%
Compute-----12.21B12.29B12.74B11.44B-
Compute Growth------0.63%3.66%-10.25%-
Storage-----4.68B4.76B4.71B4.42B-
Storage Growth------1.75%-1.09%-6.28%-
High Performance Compute and Mission Critical Systems-----3.04B3.19B3.19B3.91B-
High Performance Compute and Mission Critical Systems Growth------5.01%0.13%22.59%-
Corporate Investments7M3M3M-1M507M490M1.36B1.25B1.25B-
Corporate Investments Growth--57.14%0.00%-133.33%50800.00%-3.35%176.73%-7.45%-0.40%-
Advisory and Professional Services-----951M----
Advisory and Professional Services Growth----------
Hybrid IT---25.03B22.82B-----
Hybrid IT Growth-----8.82%-----
Enterprise Group47.71B46.09B26.21B-------
Enterprise Group Growth--3.40%-43.13%-------
Software Services3.62B3.19B--------
Software Services Growth--11.79%--------

Revenue by Geography

2015201620172018201920202021202220232024
Americas----11.5B10.86B10.68B11.39B12.58B13.23B
Americas Growth------5.58%-1.72%6.69%10.43%5.23%
EMEA----10.83B9.74B10.33B10.29B10.15B10.19B
EMEA Growth------10.00%5.99%-0.36%-1.37%0.37%
Asia Pacific and Japan----6.8B6.38B6.78B6.82B6.41B6.7B
Asia Pacific and Japan Growth------6.29%6.35%0.52%-5.99%4.62%
Non-US--18.96B20.66B------
Non-US Growth---8.98%------
UNITED STATES-19.58B9.91B10.19B------
UNITED STATES Growth---49.37%2.81%------
Other Countries26.66B25.47B--------
Other Countries Growth--4.49%--------
UNITED KINGDOM-5.07B--------
UNITED KINGDOM Growth----------
U20.06B---------
U Growth----------
G5.38B---------
G Growth----------

Frequently Asked Questions

Growth & Financials

Hewlett Packard Enterprise Company (HPE) reported $34.30B in revenue for fiscal year 2025. This represents a 40% decrease from $57.33B in 2013.

Hewlett Packard Enterprise Company (HPE) grew revenue by 13.8% over the past year. This is steady growth.

Yes, Hewlett Packard Enterprise Company (HPE) is profitable, generating $57.0M in net income for fiscal year 2025 (0.2% net margin).

Dividend & Returns

Yes, Hewlett Packard Enterprise Company (HPE) pays a dividend with a yield of 2.74%. This makes it attractive for income-focused investors.

Hewlett Packard Enterprise Company (HPE) has a return on equity (ROE) of 0.2%. This is below average, suggesting room for improvement.

Hewlett Packard Enterprise Company (HPE) generated $2.28B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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