Hewlett Packard Enterprise Company (HPE) Financial Ratios
13 years of historical data (2013–2025) · Technology · Communication Equipment
EV/EBITDA
↑
12.90
↑+79% vs avg
5yr avg: 7.21
30Y Low3.0·High11.2
P/FCF
↑
63.67
↑+232% vs avg
5yr avg: 19.21
30Y Low5.8·High51.6
P/B Ratio
↑
1.61
↑+54% vs avg
5yr avg: 1.05
30Y Low0.5·High1.3
ROE
↓
0.2%
↑-97% vs avg
5yr avg: 8.9%
30Y Low-2%·High19%
Debt/EBITDA
↑
5.10
↑+42% vs avg
5yr avg: 3.58
30Y Low0.2·High5.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
HPE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Hewlett Packard Enterprise Company currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 63.7x P/FCF, 232% above the 5-year average of 19.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $39.9B | $32.3B | $26.1B | $20.2B | $18.9B | $19.5B | $11.2B | $22.4B | $23.7B | $23.3B | $22.7B |
| Enterprise Value | $56.5B | $48.9B | $31.0B | $29.5B | $28.2B | $30.1B | $24.0B | $32.5B | $30.9B | $27.8B | $25.4B |
| P/E Ratio → | -673.54 | — | 10.10 | 9.99 | 21.62 | 5.68 | — | 21.31 | 12.40 | 66.29 | 7.18 |
| P/S Ratio | 1.16 | 0.94 | 0.87 | 0.70 | 0.67 | 0.70 | 0.41 | 0.78 | 0.77 | 0.81 | 0.75 |
| P/B Ratio | 1.61 | 1.31 | 1.05 | 0.95 | 0.95 | 0.97 | 0.69 | 1.31 | 1.11 | 0.99 | 0.72 |
| P/FCF | 63.67 | 51.57 | 13.20 | 12.65 | 12.82 | 5.78 | — | 19.65 | 2960.41 | — | 13.53 |
| P/OCF | 13.68 | 11.08 | 6.00 | 4.57 | 4.11 | 3.32 | 4.99 | 5.61 | 7.99 | 26.21 | 4.58 |
P/E links to full P/E history page with 30-year chart
HPE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Hewlett Packard Enterprise Company's enterprise value stands at 12.9x EBITDA, 79% above its 5-year average of 7.2x. The Technology sector median is 17.5x, placing the stock at a 26% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.43 | 1.03 | 1.01 | 1.00 | 1.08 | 0.89 | 1.12 | 1.00 | 0.96 | 0.84 |
| EV / EBITDA | 12.90 | 11.17 | 6.21 | 5.86 | 6.53 | 6.27 | 5.74 | 6.80 | 6.25 | 5.48 | 4.08 |
| EV / EBIT | 34.38 | — | 10.35 | 13.22 | 14.67 | 8.07 | — | 17.39 | 55.46 | 36.09 | 6.11 |
| EV / FCF | — | 78.03 | 15.72 | 18.43 | 19.16 | 8.92 | — | 28.47 | 3868.03 | — | 15.15 |
HPE Profitability
Margins and return-on-capital ratios measuring operating efficiency
Hewlett Packard Enterprise Company earns an operating margin of 4.8%. Operating margins have compressed from 8.3% to 4.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 0.2% is modest. ROIC of 3.5% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 28.8% | 28.8% | 31.8% | 34.1% | 31.4% | 32.7% | 29.9% | 31.1% | 29.0% | 29.2% | 31.5% |
| Operating Margin | 4.8% | 4.8% | 8.1% | 8.3% | 6.5% | 7.9% | 5.8% | 7.8% | 7.7% | 7.0% | 8.1% |
| Net Profit Margin | 0.2% | 0.2% | 8.6% | 7.0% | 3.1% | 12.3% | -1.2% | 3.6% | 6.2% | 1.2% | 10.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 0.2% | 0.2% | 11.2% | 9.8% | 4.3% | 19.0% | -1.9% | 5.5% | 8.5% | 1.3% | 9.7% |
| ROA | 0.1% | 0.1% | 4.0% | 3.5% | 1.5% | 6.1% | -0.6% | 2.0% | 3.3% | 0.5% | 3.9% |
| ROIC | 3.5% | 3.5% | 6.1% | 6.1% | 4.6% | 5.5% | 4.2% | 6.0% | 6.3% | 4.9% | 5.0% |
| ROCE | 3.4% | 3.4% | 6.0% | 7.0% | 5.2% | 6.1% | 4.6% | 6.3% | 5.9% | 4.0% | 4.2% |
HPE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Hewlett Packard Enterprise Company carries a Debt/EBITDA ratio of 5.1x, which is highly leveraged (77% above the sector average of 2.9x). Net debt stands at $16.6B ($22.4B total debt minus $5.8B cash). Interest coverage of 9.4x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.90 | 0.90 | 0.80 | 0.64 | 0.68 | 0.73 | 1.06 | 0.81 | 0.57 | 0.60 | 0.50 |
| Debt / EBITDA | 5.10 | 5.10 | 3.96 | 2.69 | 3.12 | 3.04 | 4.07 | 2.89 | 2.45 | 2.77 | 2.52 |
| Net Debt / Equity | — | 0.67 | 0.20 | 0.44 | 0.47 | 0.53 | 0.79 | 0.59 | 0.34 | 0.19 | 0.09 |
| Net Debt / EBITDA | 3.79 | 3.79 | 0.99 | 1.84 | 2.16 | 2.21 | 3.06 | 2.11 | 1.47 | 0.88 | 0.43 |
| Debt / FCF | — | 26.46 | 2.52 | 5.78 | 6.34 | 3.14 | — | 8.82 | 907.63 | — | 1.61 |
| Interest Coverage | 9.39 | 9.39 | 20.81 | — | 1.76 | 15.91 | 6.07 | 7.12 | 8.18 | 4.05 | 8.24 |
HPE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.01x means Hewlett Packard Enterprise Company can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 0.87x to 1.01x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.01 | 1.01 | 1.29 | 0.87 | 0.88 | 0.91 | 0.88 | 0.79 | 1.00 | 1.13 | 1.28 |
| Quick Ratio | 0.76 | 0.76 | 0.99 | 0.66 | 0.66 | 0.69 | 0.74 | 0.67 | 0.86 | 1.01 | 1.20 |
| Cash Ratio | 0.23 | 0.23 | 0.57 | 0.20 | 0.18 | 0.19 | 0.23 | 0.20 | 0.28 | 0.51 | 0.58 |
| Asset Turnover | — | 0.45 | 0.42 | 0.51 | 0.49 | 0.48 | 0.50 | 0.56 | 0.56 | 0.47 | 0.38 |
| Inventory Turnover | 3.85 | 3.85 | 2.63 | 4.16 | 3.74 | 4.16 | 7.07 | 8.34 | 8.96 | 8.85 | 11.71 |
| Days Sales Outstanding | — | 97.02 | 90.07 | 88.08 | 98.99 | 103.63 | 97.26 | 82.45 | 105.71 | 106.64 | 99.40 |
HPE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Hewlett Packard Enterprise Company returns 2.5% to shareholders annually — split between a 2.0% dividend yield and 0.5% buyback yield. The payout ratio exceeds 100% at 1396.5%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.0% | 2.5% | 2.6% | 3.1% | 3.3% | 3.2% | 5.5% | 2.7% | 2.4% | 1.8% | 1.6% |
| Payout Ratio | 1396.5% | 1396.5% | 26.2% | 30.6% | 71.5% | 18.2% | — | 58.0% | 29.9% | 124.4% | 11.8% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 9.9% | 10.0% | 4.6% | 17.6% | — | 4.7% | 8.1% | 1.5% | 13.9% |
| FCF Yield | 1.6% | 1.9% | 7.6% | 7.9% | 7.8% | 17.3% | — | 5.1% | 0.0% | — | 7.4% |
| Buyback Yield | 0.5% | 0.6% | 0.6% | 2.1% | 2.7% | 1.1% | 3.2% | 10.0% | 15.1% | 11.0% | 11.7% |
| Total Shareholder Yield | 2.5% | 3.1% | 3.2% | 5.1% | 6.0% | 4.3% | 8.7% | 12.7% | 17.5% | 12.8% | 13.4% |
| Shares Outstanding | — | $1.3B | $1.3B | $1.3B | $1.3B | $1.3B | $1.3B | $1.4B | $1.6B | $1.7B | $1.7B |
Peer Comparison
Compare HPE with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 HPEYou | $40B | -673.5 | 12.9 | 63.7 | 28.8% | 4.8% | 0.2% | 3.5% | 5.1 |
 DELL | $72B | — | 11.3 | — | 20.0% | 7.2% | — | 33.0% | 3.9 |
 IBM | $215B | 20.5 | 17.5 | 18.6 | 59.5% | 15.3% | 35.2% | 9.8% | 4.4 |
 NTAP | $23B | 20.1 | 14.8 | 16.9 | 70.2% | 20.3% | 108.5% | 54.4% | 2.2 |
 HPQ | $19B | 8.0 | 5.9 | 6.9 | 20.0% | 6.6% | — | 41.2% | 2.4 |
 CSCO | $373B | 37.0 | 26.9 | 28.1 | 64.9% | 20.8% | 22.1% | 13.0% | 2.0 |
 PSTG | $22B | 142.5 | 81.3 | 35.7 | 70.4% | 3.1% | 13.7% | 10.3% | 0.8 |
 STX | $168B | 113.9 | 80.6 | 205.5 | 35.2% | 20.8% | — | 41.4% | 2.5 |
 WDC | $158B | 90.9 | 57.7 | 122.9 | 38.8% | 24.5% | 23.1% | 13.8% | 1.8 |
 SMCI | $17B | 16.6 | 12.4 | 10.9 | 11.1% | 5.7% | 17.9% | 15.9% | 3.6 |
 INTC | $543B | -1836.7 | 49.3 | — | 34.8% | -0.0% | -0.2% | -0.0% | 4.0 |
| Technology Median | — | 26.7 | 17.5 | 19.5 | 48.9% | -0.6% | 2.5% | 3.0% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 13 years · Updated daily
Full HPE Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See HPE's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs HPE Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare HPE vs DELL
Side-by-side business, growth, and profitability comparison vs Dell Technologies Inc..
Start ComparisonHPE — Frequently Asked Questions
Quick answers to the most common questions about buying HPE stock.
What is Hewlett Packard Enterprise Company's P/E ratio?
Hewlett Packard Enterprise Company's current P/E ratio is -673.5x. The historical average is 17.9x.
What is Hewlett Packard Enterprise Company's EV/EBITDA?
Hewlett Packard Enterprise Company's current EV/EBITDA is 12.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.1x.
What is Hewlett Packard Enterprise Company's ROE?
Hewlett Packard Enterprise Company's return on equity (ROE) is 0.2%. The historical average is 6.5%.
Is HPE stock overvalued?
Based on historical data, Hewlett Packard Enterprise Company is trading at a P/E of -673.5x. Compare with industry peers and growth rates for a complete picture.
What is Hewlett Packard Enterprise Company's dividend yield?
Hewlett Packard Enterprise Company's current dividend yield is 2.00% with a payout ratio of 1396.5%.
What are Hewlett Packard Enterprise Company's profit margins?
Hewlett Packard Enterprise Company has 28.8% gross margin and 4.8% operating margin.
How much debt does Hewlett Packard Enterprise Company have?
Hewlett Packard Enterprise Company's Debt/EBITDA ratio is 5.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.