HP HPQ
- Market cap
- $30.3B
- PE
- 12.8×
- 10y median 9.7×
- Forward PE
- 11.2×
- 10y median 9.3×
- Price to sales
- 0.5×
- EV/EBIT
- 10.9×
- Revenue, 12 months
- $59.2B
- +8% on a year ago
- Net margin
- 4.1%
- Free cash flow yield
- 12.8%
HP trades at 12.8× trailing earnings, pricier than 87% of the last ten years. Revenue was $59.2B over the last twelve months, up 8% on a year earlier with a 4% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $13.8B−7% | $13.2B−4% | $12.8B−1% | $13.5B+2% | $14.1B+2% | $13.5B+2% | $13.2B+3% | $13.9B+3% | $14.6B+4% | $14.4B+7% | $14.4B+9% | $15.7B+13% | |
| Cost of revenue | $10.8B−10% | $10.3B−7% | $9.8B−2% | $10.6B+2% | $11.1B+2% | $10.7B+4% | $10.5B+7% | $11.1B+4% | $11.7B+6% | $11.6B+9% | $11.4B+9% | $12.7B+15% |
| Gross profit | $3B+11% | $2.9B+4% | $3B+4% | $2.9B+3% | $3B+1% | $2.8B−2% | $2.7B−9% | $2.9B−2% | $3B−1% | $2.8B−0% | $3B+10% | $2.9B+3% |
| R&D | $411M+8% | $399M−1% | $436M+6% | $413M+17% | $392M−5% | $397M−1% | $401M−8% | $406M−2% | $398M+2% | $392M−1% | $432M+8% | $389M−4% |
| SG&A | $1.3B+12% | $1.4B+4% | $1.5B+5% | $1.4B+8% | $1.4B+6% | $1.5B+6% | $1.5B+1% | $1.5B+3% | $1.4B+2% | $1.5B+3% | $1.5B+2% | $1.5B+6% |
| $1B+37% | $935M+26% | $952M+27% | $940M−1% | $991M−2% | $845M−10% | $654M−31% | $716M−24% | $959M−3% | $759M−10% | $612M−6% | $892M+25% | |
| Interest expense | $119M−9% | $116M−19% | $122M−20% | $111M−17% | $109M−8% | $104M−10% | $114M−7% | $111M+0% | $101M−7% | $99M−5% | $98M−14% | $96M−14% |
| Pre-tax income | $852M+32% | $793M+41% | $797M+36% | $827M−12% | $862M+1% | $704M−11% | $506M−37% | $624M−25% | $834M−3% | $671M−5% | $493M−3% | $798M+28% |
| −$122M | $171M+84% | $190M | $187M+10% | −$44M−64% | $139M−19% | $100M−47% | −$139M | $39M | $126M−9% | $43M−57% | $137M | |
| Net income | $974M | $622M+33% | $607M−42% | $640M−16% | $906M−7% | $565M−9% | $406M−33% | $763M+19% | $795M−12% | $545M−4% | $450M+11% | $661M−13% |
| $0.97 | $0.62+32% | $0.61−43% | $0.65−15% | $0.93−4% | $0.59−5% | $0.42−31% | $0.80+23% | $0.84−10% | $0.58−2% | $0.49+17% | $0.71−11% | |
| 1B+1% | 1B+1% | 990M−1% | 990M−1% | 974M−3% | 957M−5% | 956M−3% | 954M−4% | 947M−3% | 932M−3% | 925M−3% | 927M−3% |
Gross profit: 62 periods, Q3 FY08 to Q4 FY23: not printed by the filing, worked out from its own lines.
Net income: 16 periods, Q1 FY12 to Q4 FY15: not printed by the filing, worked out from its own lines.
EPS, diluted: 18 periods, Q4 FY08 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 16 periods, Q4 FY08 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY12 and Q4 FY22: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q4 FY26 | $15.4B | $15.3B to $15.8B | $0.75 | $0.74 to $0.77 | 9 |
| Q1 FY27 | $14.6B | $14.1B to $15.1B | $0.70 | $0.64 to $0.76 | 7 |
| Q2 FY27 | $14.4B | $13.7B to $14.9B | $0.73 | $0.69 to $0.76 | 3 |
| Q3 FY27 | $15.6B | $14.9B to $16.2B | $0.81 | $0.76 to $0.84 | 3 |
| Q4 FY27 | $15.6B | $14.9B to $16.1B | $0.86 | $0.81 to $0.90 | 2 |
| Q1 FY28 | $14.9B | $14.2B to $15.4B | $0.77 | $0.72 to $0.81 | 3 |
| Q2 FY28 | $14.7B | $14B to $15.2B | $0.78 | $0.73 to $0.81 | 3 |
| Q3 FY28 | $15.9B | $15.1B to $16.4B | $0.89 | $0.83 to $0.93 | 3 |
Peers
Companies in Computer Hardware nearest HP's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| HPQHP | $30.3B | 12.8× | 9.7× | 11.2× | 0.5× | +8% | 4.1% |
| PEverpure | $41.1B | 169× | 172× | 37.9× | 9.6× | +27% | 5.9% |
| NTAPNetApp | $42.3B | 30.3× | 21.0× | 21.7× | 5.7× | +12% | 19.2% |
| SMCISuper Micro Computer | $21.6B | 10.7× | 19.3× | 7.6× | 0.6× | +78% | 5.7% |
| LOGILogitech International | $15.7B | 20.1× | 24.6× | n/m | 3.2× | +7% | 16.3% |
| HPEHewlett Packard Enterprise | $75.3B | 29.5× | 18.6× | 12.2× | 1.8× | +27% | 6.4% |
| WDCWestern Digital | $123.9B | 13.3× | 20.3× | 15.5× | 8.6× | +43% | 69.2% |
| STXSeagate Technology | $142.9B | 45.4× | 16.1× | 16.8× | 11.7× | +34% | 26.1% |
| SNDKSandisk | $181.3B | 17.0× | 47.1× | 5.8× | 9.0× | +175% | 56.5% |
| ANETArista Networks | $217.4B | 54.4× | 43.8× | 36.9× | 20.6× | +33% | 38.4% |
| NATLNCR Atleos | $3.5B | 18.3× | 20.6× | n/m | 0.8× | +4% | 4.4% |
| Peer median | $58.8B | 24.8× | 20.8× | 16.2× | 7.1× | +30% | 17.7% |
Investors who own it
Investors we follow who held HP at the end of Jun 30, 2026, from their 13F filings.
- Cathie WoodARK Investment Management0.0% of portfoliotrimmed
More on HP
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #2of 48Technology stocks with the highest dividend yields
- #9of 95Technology stocks with the lowest forward PE
- #2of 20Computer hardware stocks with the lowest PE ratio
- #2of 18Computer hardware stocks with the lowest EV/EBIT
- #6of 28Computer hardware stocks with the lowest price to sales ratio
- #4of 17Computer hardware stocks with the highest free cash flow yield
Its groups
About
- Industry
- Computer Hardware
- Sector
- Technology
Valuation data, not investment advice. Prices as of .