Hewlett Packard Enterprise Co HPE
Hewlett Packard Enterprise is a global technology leader focused on developing intelligent solutions that allow customers to capture, analyze and act upon data seamlessly from edge to cloud. We enable our customers to accelerate business outcomes by driving new business models, creating new customer and employee experiences, and increasing operational efficiency today and into the future. Our customers range from small-and-medium-sized businesses to large global enterprises and governmental entities. Our legacy dates back to a partnership founded in 1939 by William R. Hewlett and David Packard, and we strive every day to uphold and enhance that legacy through our dedication to providing innovative technological solutions to our customers.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- U.S.
- Europe, Middle East and Africa
- Asia Pacific and Japan
- Americas excluding U.S.
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| U.S. | $13.40B | $10.89B | $10.37B |
| Europe, Middle East and Africa | $11.51B | $10.19B | $10.15B |
| Asia Pacific and Japan | $6.94B | $6.70B | $6.41B |
| Americas excluding U.S. | $2.45B | $2.35B | $2.21B |
As the company reported it, from the “Segment Information - Revenue by Geographic Region (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.30B | $30.13B | $29.14B | $28.50B | $27.78B | $26.98B | $29.14B | $30.85B | $28.87B | $30.28B |
| Cost of revenue | — | — | — | — | — | — | — | $7.20B | $7.20B | $7.22B |
| Gross profit | — | — | — | — | — | — | — | $23.65B | $21.67B | $23.06B |
| R&D | $2.52B | $2.25B | $2.35B | $2.04B | $1.98B | $1.87B | $1.84B | $1.67B | $1.49B | $1.71B |
| SG&A | $5.70B | $4.87B | $5.16B | $4.94B | $4.93B | $4.62B | $4.91B | $4.92B | $5.01B | $5.38B |
| Total operating expenses | $34.73B | $27.94B | $27.05B | $27.71B | $26.65B | $27.31B | $27.86B | $29.11B | $28.31B | $26.38B |
| Operating income | -$437.0M | $2.19B | $2.09B | $782.0M | $1.13B | -$329.0M | $1.27B | $1.74B | $564.0M | $3.90B |
| Interest expense | $1.10B | $777.0M | $709.0M | $471.0M | $501.0M | $603.0M | $608.0M | $631.0M | $599.0M | $547.0M |
| Pre-tax income | -$285.0M | $2.95B | $2.23B | $876.0M | $3.59B | -$442.0M | $1.55B | $268.0M | $272.0M | $3.86B |
| Income tax | $342.0M | $374.0M | $205.0M | $8.0M | $160.0M | $120.0M | $504.0M | $1.74B | $164.0M | $623.0M |
| Net income | $57.0M | $2.58B | $2.02B | $868.0M | $3.43B | -$322.0M | $1.05B | $1.91B | $344.0M | $3.16B |
| EPS, basic | -0.04 | 1.95 | 1.56 | 0.67 | 2.62 | -0.25 | 0.78 | 1.25 | 0.21 | 1.84 |
| EPS, diluted | -0.04 | 1.93 | 1.54 | 0.66 | 2.58 | -0.25 | 0.77 | 1.23 | 0.21 | 1.82 |
| Shares, diluted (wtd. avg.) | 1.32B | 1.34B | 1.32B | 1.32B | 1.33B | 1.29B | 1.37B | 1.55B | 1.67B | 1.74B |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $5.77B | $14.85B | $4.58B | $4.76B | $4.33B | $4.62B | $4.08B | $5.08B | $9.59B | $13.44B |
| Receivables | $5.29B | $3.55B | $3.48B | $4.10B | $3.98B | $3.39B | $2.96B | $3.26B | $3.07B | $3.15B |
| Inventory | $6.35B | $7.81B | $4.61B | $5.16B | $4.51B | $2.67B | $2.39B | $2.45B | $2.31B | $1.72B |
| Total current assets | $24.99B | $33.46B | $18.95B | $20.51B | $18.88B | $16.56B | $15.14B | $17.27B | $21.44B | $28.92B |
| Property, plant and equipment | $6.00B | $5.66B | $5.99B | $5.78B | $5.61B | $5.62B | $6.05B | $6.14B | $6.27B | $6.38B |
| Goodwill | $23.77B | $18.09B | $17.99B | $17.40B | $18.31B | $18.02B | $18.31B | $17.54B | $17.52B | $16.09B |
| Other intangibles | $6.37B | $510.0M | $654.0M | $733.0M | $1.02B | $1.10B | $1.13B | $789.0M | $1.04B | $675.0M |
| Total assets | $75.91B | $71.26B | $57.15B | $57.12B | $57.70B | $54.02B | $51.80B | $55.49B | $61.41B | $79.63B |
| Accounts payable | $7.73B | $11.06B | $7.14B | $8.72B | $7.00B | $5.38B | $5.59B | $6.09B | $6.07B | $4.95B |
| Short-term debt | $3.80B | $3.97B | $4.02B | $3.88B | $2.61B | $2.77B | $3.44B | $2.00B | $3.85B | $3.52B |
| Total current liabilities | $24.64B | $25.97B | $21.88B | $23.17B | $20.69B | $18.74B | $19.16B | $17.20B | $18.92B | $22.53B |
| Long-term debt | $21.75B | $17.66B | $11.69B | $11.94B | $12.46B | $14.80B | — | — | — | — |
| Total liabilities | — | — | — | — | — | — | — | $14.28B | — | — |
| Retained earnings | -$2.81B | -$2.07B | -$3.95B | -$5.35B | -$5.60B | -$8.38B | -$7.63B | -$5.90B | -$7.24B | $2.78B |
| Total equity | $24.69B | $24.82B | $21.18B | $19.91B | $20.02B | $16.10B | $17.15B | $21.27B | $23.50B | $31.52B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.92B | $4.34B | $4.43B | $4.59B | $5.87B | $2.24B | $4.00B | $2.96B | $1.33B | $5.06B |
| Depreciation and amortisation | $2.74B | $2.56B | $2.62B | $2.48B | $2.60B | $2.62B | $2.54B | $2.58B | $3.05B | $3.77B |
| Stock-based compensation | $643.0M | $430.0M | $428.0M | $391.0M | $382.0M | $274.0M | $268.0M | $286.0M | $428.0M | $558.0M |
| Capital expenditure | $2.29B | $2.37B | $2.83B | $3.12B | $2.50B | $2.38B | $2.86B | $2.96B | $3.14B | $3.28B |
| Investing cash flow | -$13.19B | -$53.0M | -$3.28B | -$2.09B | -$2.80B | -$2.58B | -$3.46B | -$1.88B | -$5.35B | $419.0M |
| Financing cash flow | $1.05B | $6.28B | -$1.36B | -$1.80B | -$3.36B | $883.0M | -$1.55B | -$5.59B | $164.0M | -$2.33B |
| Dividends paid | $684.0M | $676.0M | $619.0M | $621.0M | $625.0M | $618.0M | $608.0M | $570.0M | $428.0M | $373.0M |
| Buybacks | $202.0M | $150.0M | $421.0M | $512.0M | $213.0M | $355.0M | $2.25B | $3.57B | $2.56B | $2.66B |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001645590-25-000130.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $30.28B | $28.87B | $30.85B | $29.14B | $26.98B | $27.78B | $28.50B | $29.14B | $30.13B | $34.30B |
| Gross profit | $23.06B | $21.67B | $23.65B | — | — | — | — | — | — | — |
| Net income | $3.16B | $344.0M | $1.91B | $1.05B | -$322.0M | $3.43B | $868.0M | $2.02B | $2.58B | $57.0M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Regulation FD disclosure Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Results announced Item 2.02
- Officer or director change Item 5.02
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Officer or director change Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 3570
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| IBM | INTERNATIONAL BUSINESS MACHINES CORP | $238.89B | 22.7x | 7.6% |
| HPQ | HP INC | $30.34B | 12.7x | 3.2% |