Last 47 quarters of trend data · Technology · Computer Hardware
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
HP Inc.'s quarterly P/E stands at 8.4x, down 39.2% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 32.5% YoY to 6.3x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 7.92 | 8.38 | 8.24 | 7.75 | 15.22 | 13.77 | 9.65 | 13.88 | 11.51 | 11.58 | 6.79 | 10.80 | 6.94 |
| — | -39.2% | -14.7% | -44.2% | +32.2% | +19.0% | +42.2% | +28.5% | +65.8% | -25.3% | — | +39.7% | -28.7% | |
| P/S Ratio | 0.35 | 0.31 | 0.45 | 0.42 | 0.46 | 0.58 | 0.62 | 0.66 | 0.54 | 0.55 | 0.48 | 0.62 | 0.57 |
| — | -45.5% | -28.3% | -35.7% | -14.9% | +5.6% | +30.6% | +6.0% | -5.4% | +3.7% | +4.6% | +5.7% | -2.6% | |
| P/B Ratio | — | 5.32 | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/FCF | 6.88 | 30.20 | 4.60 | 4.09 | — | 107.99 | 5.97 | 7.08 | 15.05 | — | 3.62 | 9.80 | 14.65 |
| — | -72.0% | -23.1% | -42.2% | — | — | +65.0% | -27.8% | +2.7% | — | -5.8% | -77.4% | -50.3% | |
| EV / EBITDA | 5.82 | 6.34 | 6.51 | 7.72 | 9.80 | 9.39 | 8.92 | 9.53 | 7.79 | 8.21 | 6.95 | 9.02 | 10.34 |
| — | -32.5% | -27.1% | -19.0% | +25.7% | +14.3% | +28.4% | +5.7% | -24.6% | -21.3% | -25.1% | +25.3% | +36.4% | |
| EV / EBIT | 7.30 | 8.12 | 8.71 | 10.29 | 12.91 | 11.58 | 10.60 | 11.21 | 9.44 | 9.86 | 8.45 | 9.52 | 12.88 |
| — | -29.8% | -17.8% | -8.2% | +36.8% | +17.4% | +25.5% | +17.7% | -26.7% | -26.8% | -25.1% | +18.0% | +51.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
HP Inc.'s operating margin was 5.3% in Q1 2026, down 2.1 pp QoQ and down 1.0 pp YoY. Gross margin contracted 6.6% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 20.0% | 19.6% | 19.8% | 20.5% | 20.7% | 21.0% | 21.4% | 21.5% | 23.6% | 21.9% | 21.6% | 21.4% | 22.6% |
| — | -6.6% | -7.1% | -4.8% | -12.3% | -4.0% | -1.2% | +0.5% | +4.6% | +8.4% | +17.7% | +8.6% | +11.7% | |
| Operating Margin | 6.6% | 5.3% | 7.4% | 5.1% | 4.9% | 6.3% | 7.1% | 7.0% | 7.4% | 7.1% | 7.3% | 7.2% | 5.8% |
| — | -16.0% | +4.2% | -26.1% | -33.5% | -11.8% | -3.9% | -3.6% | +28.5% | +31.7% | +41.6% | -15.9% | -25.3% | |
| Net Margin | 4.6% | 3.8% | 5.4% | 5.5% | 3.1% | 4.2% | 6.4% | 4.7% | 4.7% | 4.7% | 7.0% | 5.8% | 8.2% |
| — | -9.8% | -15.8% | +15.7% | -35.2% | -11.3% | -8.6% | -18.4% | -41.9% | +38.8% | +52317.0% | -24.0% | +34.7% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | 35.6% | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| ROA | 6.2% | 1.3% | 1.9% | 1.9% | 1.0% | 1.4% | 2.3% | 1.7% | 1.7% | 1.7% | 2.6% | 2.1% | 2.9% |
| — | -8.7% | -16.2% | +14.4% | -36.9% | -16.1% | -12.1% | -19.2% | -43.0% | +35.9% | +51970.6% | -25.8% | +14.6% | |
| ROIC | 41.2% | 6.8% | 11.7% | 7.2% | 6.6% | 9.5% | 11.5% | 10.0% | 9.8% | 10.3% | 11.2% | 9.8% | 7.7% |
| — | -28.9% | +1.7% | -28.1% | -33.1% | -7.6% | +2.4% | +1.9% | +27.3% | +21.1% | +3.4% | -56.8% | -74.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
HP Inc.'s Debt/EBITDA ratio is 10.0x, up from 8.5x last quarter — elevated, raising questions about debt serviceability.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | 2.85 | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Debt / EBITDA | 2.40 | 9.97 | 8.48 | 10.54 | 13.87 | 10.46 | 9.09 | 9.42 | 9.33 | 9.59 | 8.76 | 9.36 | 12.45 |
| — | -4.7% | -6.8% | +12.0% | +48.7% | +9.1% | +3.8% | +0.5% | -25.1% | -24.5% | -30.5% | +10.2% | +80.0% | |
| Current Ratio | 0.77 | 0.76 | 0.77 | 0.74 | 0.73 | 0.72 | 0.72 | 0.71 | 0.75 | 0.71 | 0.73 | 0.69 | 0.71 |
| — | +5.0% | +6.0% | +3.4% | -2.1% | +2.3% | -1.4% | +3.0% | +5.7% | +2.3% | -2.6% | -19.2% | -12.9% | |
| Quick Ratio | 0.48 | 0.46 | 0.48 | 0.44 | 0.42 | 0.42 | 0.45 | 0.43 | 0.45 | 0.42 | 0.45 | 0.41 | 0.41 |
| — | +10.9% | +4.8% | +2.9% | -4.8% | -0.2% | +0.1% | +4.6% | +9.4% | +4.7% | -1.9% | -26.2% | -19.1% | |
| Interest Coverage | 7.16 | 8.63 | 8.61 | 5.01 | 4.48 | 5.99 | 6.74 | 6.31 | 5.88 | 5.99 | 6.50 | 5.57 | 4.08 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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HP Inc.'s current P/E is 7.9x. The average P/E over the last 4 quarters is 9.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
HP Inc.'s current operating margin is 6.6%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking HP Inc.'s business trajectory between earnings reports.