Hewlett Packard Enterprise Company (HPE) Balance Sheet
HPE balance sheet, FY2025
October 31, 2025 · U.S. dollars$75.91B assets = $51.15B liabilities + $24.75B equity
Both columns are drawn to the same scale: what HPE owns equals what it owes plus shareholders’ equity. Hover a block for its value.
HPE financial health
Descriptive bands, not a rating. Fiscal FY2025.
HPE balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $79.68BFY2016 | $75.91BFY2025 | −0.5%/yr | |
| Total liabilities | $48.16BFY2016 | $51.15BFY2025 | +0.7%/yr | |
| Shareholders’ equity | $31.45BFY2016 | $24.69BFY2025 | −2.7%/yr | |
| Cash & short-term investments | $12.99BFY2016 | $5.77BFY2025 | −8.6%/yr | |
| Total debt | $15.69BFY2016 | $24.08BFY2025 | +4.9%/yr | |
| Net cash (debt) | −$2.71BFY2016 | −$18.30BFY2025 | −$15.6B | |
| Working capital | $6.39BFY2016 | $351.0MFY2025 | −$6.0B | |
| Book value per share | $18.08FY2016 | $18.65FY2025 | +0.3%/yr | |
| Current ratio | 1.28FY2016 | 1.01FY2025 | −0.27 | |
| Debt / equity | 0.50FY2016 | 0.98FY2025 | +0.48 | |
| Shares outstanding | 1.74BFY2016 | 1.32BFY2025 | −3.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
HPE assets
HPE liabilities and equity
HPE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
HPE balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $5.77B | $14.85B | $4.27B | $4.16B | $4.00B | $4.62B | $3.75B | $4.88B | $9.58B | $12.99B |
| Cash & equivalents | $5.77B | $14.85B | $4.27B | $4.16B | $4.00B | $4.62B | $3.75B | $4.88B | $9.58B | $12.99B |
| Short-term investments | — | — | −$145.0M | — | $15.0M | $2.17B | — | $0 | $0 | $0 |
| Receivables | $9.12B | $7.42B | $7.02B | $7.62B | $7.91B | $7.87B | $6.53B | $8.94B | $8.46B | $8.26B |
| Inventory | $6.35B | $7.81B | $4.61B | $5.16B | $4.51B | $2.67B | $2.39B | $2.45B | $2.31B | $1.77B |
| Other current assets | $3.75B | $3.38B | $3.05B | $3.56B | $2.46B | $1.39B | $2.47B | $1.00B | $1.09B | $5.90B |
| 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 & equipment (net) | $6.00B | $7.07B | $6.97B | $6.64B | $6.50B | $6.55B | $6.05B | $6.14B | $6.27B | $6.38B |
| Goodwill & intangible assets | $30.14B | $18.60B | $18.64B | $18.14B | $19.33B | $19.12B | $19.43B | $18.33B | $18.56B | $25.26B |
| Long-term investments | $955.0M | $929.0M | $2.20B | $2.16B | $2.21B | $2.17B | $2.25B | $2.40B | $2.54B | $2.65B |
| Other non-current assets | $13.82B | $11.21B | $10.40B | $9.68B | $10.79B | $9.61B | $8.92B | $11.36B | $12.60B | $16.48B |
| Total assets | $75.91B | $71.26B | $57.15B | $57.12B | $57.70B | $54.02B | $51.80B | $55.49B | $61.41B | $79.68B |
| Liabilities | ||||||||||
| 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 | $4.92B | $5.00B | $5.06B | $4.78B | $3.74B | $3.94B | $4.42B | $2.00B | $3.85B | $3.20B |
| Deferred revenue | $5.97B | $4.19B | $4.05B | $3.45B | $3.41B | $3.43B | $3.23B | $3.18B | $3.13B | $3.00B |
| 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 | $17.76B | $13.50B | $7.49B | $7.85B | $9.90B | $12.19B | $9.39B | $10.14B | $10.18B | $12.17B |
| Lease obligations | $1.71B | $1.57B | $1.16B | $1.02B | $1.13B | $1.09B | — | — | — | — |
| Other long-term liabilities | $8.75B | $6.91B | $6.55B | $6.19B | $7.10B | $7.00B | $6.10B | $6.88B | $8.79B | $13.46B |
| Total liabilities | $51.15B | $46.38B | $35.91B | $37.21B | $37.68B | $37.92B | $34.65B | $34.22B | $37.90B | $48.16B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $13.0M | $13.0M | $13.0M | $13.0M | $13.0M | $13.0M | $13.0M | $30.36B | $33.60B | $35.27B |
| Retained earnings (deficit) | −$2.81B | −$2.07B | −$3.95B | −$5.35B | −$5.60B | −$8.38B | −$7.63B | −$5.90B | −$7.24B | $2.78B |
| Treasury stock | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Accumulated other comprehensive income | −$2.75B | −$2.98B | −$3.08B | −$3.10B | −$2.92B | −$3.94B | −$3.73B | −$3.22B | −$2.90B | −$6.60B |
| Minority interest | $66.0M | $64.0M | $56.0M | $45.0M | — | — | — | $0 | $0 | $70.0M |
| Total shareholders' equity | $24.69B | $24.82B | $21.18B | $19.86B | $19.97B | $16.05B | $17.10B | $21.24B | $23.47B | $31.45B |
| Key figures | ||||||||||
| Total debt | $24.08B | $19.82B | $13.52B | $13.48B | $14.58B | $17.03B | $13.82B | $12.14B | $14.03B | $15.69B |
| Net cash (debt) | −$18.30B | −$4.97B | −$9.24B | −$9.32B | −$10.58B | −$12.41B | −$10.07B | −$7.26B | −$4.45B | −$2.71B |
| Working capital | $351.0M | $7.48B | −$2.93B | −$2.67B | −$1.81B | −$2.18B | −$4.02B | $74.0M | $2.52B | $6.39B |
| Tangible book value | −$5.45B | $6.22B | $2.54B | $1.73B | $643.0M | −$3.07B | −$2.34B | $2.91B | $4.91B | $6.19B |
| Book value per share | $18.65 | $18.56 | $16.10 | $15.03 | $15.02 | $12.40 | $12.52 | $13.68 | $14.02 | $18.08 |
| Shares outstanding | 1.32B | 1.34B | 1.32B | 1.32B | 1.33B | 1.29B | 1.37B | 1.55B | 1.67B | 1.74B |
| Current ratio | 1.01 | 1.29 | 0.87 | 0.88 | 0.91 | 0.88 | 0.79 | 1.00 | 1.13 | 1.28 |
| Quick ratio | 0.60 | 0.86 | 0.52 | 0.51 | 0.58 | 0.67 | 0.54 | 0.80 | 0.95 | 0.94 |
| Debt / equity | 0.98 | 0.80 | 0.64 | 0.68 | 0.73 | 1.06 | 0.81 | 0.57 | 0.60 | 0.50 |
| Equity / assets | 32.5% | 34.8% | 37.1% | 34.8% | 34.6% | 29.7% | 33.0% | 38.3% | 38.2% | 39.5% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $6.22B | $5.29B | $4.84B | $5.77B | $4.57B | $11.67B | $13.43B | $14.85B | $3.64B | $2.68B | $3.76B | $4.27B |
| Cash & equivalents | $6.22B | $5.29B | $4.84B | $5.77B | $4.57B | $11.67B | $13.43B | $14.85B | $3.64B | $2.68B | $3.76B | $4.27B |
| Short-term investments | — | — | — | — | — | $601.0M | $619.0M | $601.0M | $1.21B | $841.0M | $985.0M | $905.0M |
| Receivables | $10.03B | $9.98B | $8.77B | $9.12B | $9.43B | $7.81B | $7.22B | $7.42B | $7.56B | $7.49B | $7.41B | $7.02B |
| Inventory | $11.82B | $9.03B | $6.91B | $6.35B | $7.16B | $8.10B | $8.58B | $7.81B | $7.68B | $7.33B | $6.05B | $4.61B |
| Other current assets | $5.80B | $5.05B | $4.68B | $3.75B | $4.83B | $4.00B | $3.78B | $3.38B | $3.52B | $3.94B | $3.03B | $3.05B |
| Total current assets | $33.87B | $29.36B | $25.20B | $24.99B | $26.00B | $31.57B | $33.01B | $33.46B | $22.41B | $21.43B | $20.24B | $18.95B |
| Property, plant & equipment (net) | $5.64B | $5.60B | $5.91B | $6.00B | $6.12B | $5.41B | $5.41B | $7.07B | $5.74B | $5.82B | $6.00B | $6.97B |
| Goodwill & intangible assets | $29.45B | $29.65B | $29.93B | $30.14B | $30.40B | $17.24B | $18.59B | $18.60B | $18.46B | $18.50B | $18.57B | $18.64B |
| Long-term investments | $0 | $916.0M | $924.0M | $955.0M | $999.0M | $965.0M | $940.0M | $929.0M | $2.32B | $2.29B | $2.25B | $2.20B |
| Other non-current assets | $14.63B | $13.99B | $13.80B | $13.82B | $13.82B | $12.67B | $12.37B | $11.21B | $11.93B | $11.67B | $11.54B | $10.40B |
| Total assets | $83.60B | $79.51B | $75.77B | $75.91B | $77.34B | $67.85B | $70.33B | $71.26B | $60.85B | $59.71B | $58.60B | $57.15B |
| Liabilities | ||||||||||||
| Accounts payable | $19.91B | $11.31B | $8.38B | $7.73B | $8.66B | $9.32B | $10.75B | $11.06B | $10.09B | $10.12B | $8.12B | $7.14B |
| Short-term debt | $2.90B | $3.01B | $3.91B | $4.92B | $6.80B | $5.15B | $4.61B | $5.00B | $3.86B | $3.77B | $4.96B | $5.06B |
| Deferred revenue | $5.56B | $5.62B | $5.48B | $5.97B | $5.31B | $4.17B | $3.90B | $4.19B | $3.80B | $3.78B | $3.72B | $4.05B |
| Total current liabilities | $30.44B | $26.98B | $24.36B | $24.64B | $27.35B | $24.54B | $24.90B | $25.97B | $23.86B | $23.75B | $22.64B | $21.88B |
| Long-term debt | $17.34B | $18.24B | $17.70B | $17.76B | $16.85B | $12.38B | $13.27B | $13.50B | $7.94B | $7.49B | $7.84B | $7.49B |
| Lease obligations | — | — | — | $1.71B | — | — | — | $1.57B | — | — | — | $1.16B |
| Other long-term liabilities | $9.30B | $9.01B | $8.87B | $8.75B | $8.67B | $7.01B | $6.87B | $6.91B | $6.91B | $6.74B | $6.66B | $6.55B |
| Total liabilities | $57.08B | $54.22B | $50.99B | $51.22B | $52.94B | $43.93B | $45.05B | $46.38B | $38.72B | $37.98B | $37.13B | $35.91B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $13.0M | $13.0M | $13.0M | $13.0M | $13.0M | $13.0M | $13.0M | $13.0M | $13.0M | $13.0M | $13.0M | $13.0M |
| Retained earnings (deficit) | −$948.0M | −$2.21B | −$2.59B | −$2.81B | −$2.79B | −$2.89B | −$1.64B | −$2.07B | −$3.24B | −$3.58B | −$3.73B | −$3.95B |
| Accumulated other comprehensive income | −$2.70B | −$2.72B | −$2.77B | −$2.75B | −$3.02B | −$3.09B | −$2.93B | −$2.98B | −$3.06B | −$3.06B | −$3.11B | −$3.08B |
| Minority interest | $62.0M | $61.0M | $60.0M | $66.0M | $65.0M | — | — | — | — | — | — | — |
| Total shareholders' equity | $26.51B | $25.29B | $24.77B | $24.69B | $24.40B | $23.87B | $25.22B | $24.82B | $22.08B | $21.68B | $21.42B | $21.18B |
| Key figures | ||||||||||||
| Total debt | $20.24B | $21.25B | $21.61B | $24.08B | $23.65B | $17.53B | $17.88B | $19.82B | $11.80B | $11.26B | $12.80B | $13.52B |
| Net cash (debt) | −$14.03B | −$15.95B | −$16.77B | −$18.30B | −$19.08B | −$5.86B | −$4.45B | −$4.97B | −$8.16B | −$8.58B | −$9.04B | −$9.24B |
| Working capital | $3.43B | $2.38B | $846.0M | $351.0M | −$1.34B | $7.03B | $8.11B | $7.48B | −$1.46B | −$2.32B | −$2.39B | −$2.93B |
| Tangible book value | −$2.94B | −$4.36B | −$5.16B | −$5.45B | −$6.00B | $6.63B | $6.63B | $6.22B | $3.61B | $3.18B | $2.85B | $2.54B |
| Book value per share | $18.30 | $17.66 | $18.27 | $18.65 | $17.17 | $18.05 | $17.90 | $18.56 | $16.57 | $16.36 | $16.27 | $16.11 |
| Shares outstanding | 1.45B | 1.43B | 1.36B | 1.32B | 1.42B | 1.32B | 1.41B | 1.34B | 1.33B | 1.32B | 1.32B | 1.31B |
| Current ratio | 1.11 | 1.09 | 1.03 | 1.01 | 0.95 | 1.29 | 1.33 | 1.29 | 0.94 | 0.90 | 0.89 | 0.87 |
| Quick ratio | 0.53 | 0.57 | 0.56 | 0.60 | 0.51 | 0.79 | 0.83 | 0.86 | 0.47 | 0.43 | 0.49 | 0.52 |
| Debt / equity | 0.76 | 0.84 | 0.87 | 0.98 | 0.97 | 0.73 | 0.71 | 0.80 | 0.53 | 0.52 | 0.60 | 0.64 |
| Equity / assets | 31.7% | 31.8% | 32.7% | 32.5% | 31.6% | 35.2% | 35.9% | 34.8% | 36.3% | 36.3% | 36.5% | 37.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 18, 2025); data from EODHD.
HPE financial position
At the end of fiscal 2025 (October 31, 2025), Hewlett Packard Enterprise had total assets of $75.9 billion (up 6.5% from a year earlier), total liabilities of $51.2 billion and shareholders' equity of $24.7 billion. It held $5.8 billion in cash and short-term investments against $24.1 billion of debt, net debt of $18.3 billion. Its current ratio was 1.01. In the latest quarter (ended July 31, 2026) total assets were $83.6 billion and equity $26.5 billion.
Related: HPE income statement, HPE cash flow statement, HPE key metrics. See the HPE stock overview for the latest quote and news.
HPE balance sheet FAQ
What are Hewlett Packard Enterprise's total assets?
Hewlett Packard Enterprise reported total assets of $75.9 billion at the end of fiscal 2025 (October 31, 2025), compared with $71.3 billion a year earlier.
How much debt does Hewlett Packard Enterprise have?
Hewlett Packard Enterprise had $24.1 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.98.
How much cash does Hewlett Packard Enterprise have?
Hewlett Packard Enterprise held $5.8 billion in cash and short-term investments at the end of fiscal 2025; with $24.1 billion of debt that is net debt of $18.3 billion.
What is Hewlett Packard Enterprise's book value?
Hewlett Packard Enterprise's shareholders' equity (book value) was $24.7 billion at the end of fiscal 2025, or $18.65 per share.
What is Hewlett Packard Enterprise's current ratio?
Hewlett Packard Enterprise had current assets of $25.0 billion and current liabilities of $24.6 billion, a current ratio of 1.01 (it can cover its short-term obligations).
How much goodwill does Hewlett Packard Enterprise have?
Hewlett Packard Enterprise carried $30.1 billion of goodwill and intangible assets, 39.7% of total assets, at the end of fiscal 2025.