HP INC HPQ
Last close
32.64
2026-09-04
Market cap
$29.43B
2026-07-31 share count
52-week range
17.56 - 32.78
Valuation FY2025 figures against the last close
P/S0.5x
P/E12.3x
P/FCF10.5x
EV/EBITDA8.6x
Dividend yield3.7%
Diluted EPS2.65
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $55.30B | $53.56B | $53.72B | $62.91B | $63.46B | $56.64B | $58.76B | $58.47B | $52.06B | $48.24B |
| Cost of revenue | $43.90B | $41.74B | $42.21B | $50.65B | $50.05B | $46.22B | $47.59B | $47.80B | $42.48B | $39.24B |
| Gross profit | $11.39B | $11.82B | $11.51B | $12.26B | $13.41B | $10.42B | $11.17B | $10.67B | $9.58B | $9.00B |
| R&D | $1.60B | $1.64B | $1.58B | $1.65B | $1.85B | $1.48B | $1.50B | $1.40B | $1.19B | $1.21B |
| SG&A | $5.82B | $5.66B | $5.36B | $5.26B | $5.73B | $4.90B | $5.37B | $5.10B | $4.53B | $3.83B |
| Total operating expenses | $8.22B | $8.00B | $8.05B | $7.70B | $58.10B | $53.20B | $54.88B | $54.64B | $48.69B | $44.69B |
| Operating income | $3.17B | $3.82B | $3.46B | $4.56B | $5.36B | $3.44B | $3.88B | $3.83B | $3.37B | $3.55B |
| Pre-tax income | $2.67B | $3.28B | $2.94B | $4.32B | $7.57B | $3.21B | $2.52B | $3.01B | $3.28B | $3.76B |
| Income tax | $139.0M | $504.0M | $326.0M | $1.19B | $1.03B | $396.0M | $629.0M | $2.31B | $750.0M | $1.09B |
| Net income | $2.53B | $2.77B | $3.26B | $3.13B | $6.54B | $2.81B | $3.15B | $5.33B | $2.53B | $2.50B |
| EPS, basic | 2.67 | 2.83 | 3.29 | 3.02 | 5.41 | 1.99 | 2.08 | 3.30 | 1.50 | 1.44 |
| EPS, diluted | 2.65 | 2.81 | 3.26 | 2.98 | 5.36 | 1.98 | 2.07 | 3.26 | 1.48 | 1.43 |
| Shares, diluted (wtd. avg.) | $953.0M | $989.0M | $1.00B | $1.05B | $1.22B | $1.42B | $1.52B | $1.63B | $1.70B | $1.74B |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $3.69B | $3.24B | $3.23B | $3.15B | $4.30B | $4.86B | $4.54B | $5.17B | $7.00B | $6.29B |
| Short-term investments | — | — | — | — | $5.0M | $274.0M | $0 | $711.0M | $1.15B | — |
| Receivables | $5.69B | $5.12B | $4.24B | $4.55B | $5.54B | $5.38B | $6.03B | $5.11B | $4.41B | $4.11B |
| Inventory | $8.51B | $7.72B | $6.86B | $7.61B | $7.93B | $5.96B | $5.73B | $6.06B | $5.79B | $4.48B |
| Total current assets | $22.45B | $20.76B | $17.98B | $19.74B | $22.17B | $20.65B | $20.18B | $21.39B | $22.32B | $18.47B |
| Property, plant and equipment | $3.05B | $2.91B | $2.83B | $2.77B | $2.55B | $2.63B | $2.79B | $2.20B | $1.88B | $1.74B |
| Goodwill | $8.71B | $8.63B | $8.59B | $8.54B | $6.80B | $6.38B | $6.37B | $5.97B | $5.62B | $5.62B |
| Other intangibles | $1.01B | $1.32B | $1.59B | $1.93B | $784.0M | $540.0M | $661.0M | $453.0M | $3.0M | — |
| Total assets | $41.77B | $39.91B | $37.00B | $38.49B | $38.60B | $34.68B | $33.47B | $34.62B | $32.91B | $28.99B |
| Accounts payable | $18.05B | $16.90B | $14.05B | $15.30B | $16.07B | $14.70B | $14.79B | $14.82B | $13.28B | $11.10B |
| Short-term debt | $788.0M | $1.36B | $179.0M | $165.0M | $672.0M | $674.0M | $357.0M | $1.46B | $1.07B | $78.0M |
| Total current liabilities | $29.26B | $28.69B | $24.49B | $26.19B | $29.06B | $26.22B | $25.29B | $25.13B | $22.41B | $18.81B |
| Long-term debt | $8.82B | $8.26B | $9.25B | $10.80B | $6.39B | $5.54B | — | — | — | — |
| Retained earnings | -$2.03B | -$2.68B | -$2.36B | -$4.49B | -$2.47B | -$1.96B | -$818.0M | -$473.0M | -$2.39B | -$3.50B |
| Total equity | -$346.0M | -$1.32B | -$1.07B | -$3.02B | -$1.64B | -$2.27B | -$1.21B | -$639.0M | -$3.41B | -$3.89B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.70B | $3.75B | $3.57B | $4.46B | $6.41B | $4.32B | $4.65B | $4.53B | $3.68B | $3.25B |
| Depreciation and amortisation | $916.0M | $830.0M | $850.0M | $780.0M | $785.0M | $789.0M | $744.0M | $528.0M | $354.0M | $332.0M |
| Stock-based compensation | $522.0M | $452.0M | $438.0M | $343.0M | $330.0M | $278.0M | $297.0M | $268.0M | $224.0M | $182.0M |
| Capital expenditure | $897.0M | $592.0M | $593.0M | $765.0M | $582.0M | $580.0M | $671.0M | $546.0M | $402.0M | $433.0M |
| Investing cash flow | -$1.18B | -$646.0M | -$590.0M | -$3.55B | -$1.01B | -$1.02B | -$438.0M | -$716.0M | -$1.72B | $48.0M |
| Financing cash flow | -$2.06B | -$3.08B | -$2.89B | -$2.07B | -$5.96B | -$2.97B | -$4.84B | -$5.64B | -$1.25B | -$14.45B |
| Dividends paid | $1.09B | $1.07B | $1.04B | $1.04B | $938.0M | $997.0M | $970.0M | $899.0M | $894.0M | $858.0M |
| Buybacks | $850.0M | $2.10B | $100.0M | $4.30B | $6.25B | $3.11B | $2.40B | $2.56B | $1.41B | $1.16B |
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 0000047217-25-000071.
Others in SIC 3570
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| IBM | INTERNATIONAL BUSINESS MACHINES CORP | $221.30B | 21.0x | 7.6% |
| HPE | Hewlett Packard Enterprise Co | $69.03B | — | 13.8% |