Hewlett Packard Enterprise Company (HPE) Key Metrics
HPE valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $73.18B
- Enterprise value
- $96.77B
- P/E (TTM)
- 28.4 10-yr median 12.4
- Forward P/E
- 13.6
- PEG ratio
- 0.50
- Price / sales
- 1.7 10-yr median 0.8
- Price / book
- 3.1 10-yr median 1.0
- EV / EBITDA
- 14.3 10-yr median 6.8
- Dividend yield
- 1.03% $0.57 a year
- Beta
- 1.40
HPE key metrics, FY2016–FY2025
Fiscal year ended October 31, 2025 · U.S. dollarsHPE valuation Price multiples at each fiscal year-end price.
HPE returns How much profit the business earns on the capital it uses.
HPE per-share figures Results divided by the shares outstanding at year-end.
HPE financial health Debt, liquidity and how easily interest is covered.
HPE efficiency & capital use Working capital cycle and where the cash goes.
HPE valuation history
HPE returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
HPE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
HPE cash returned to shareholders
HPE price vs earnings per share
HPE key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $32.33B | $26.06B | $20.24B | $18.86B | $19.48B | $11.18B | $22.42B | $23.68B | $23.30B | $22.71B |
| Enterprise value | $50.64B | $31.03B | $29.49B | $28.19B | $30.07B | $23.59B | $32.48B | $30.94B | $27.76B | $25.42B |
| P/E ratio | 567.2 | 10.1 | 10.0 | 21.7 | 5.7 | — | 21.4 | 12.4 | 67.7 | 7.2 |
| Price / sales | 0.9 | 0.9 | 0.7 | 0.7 | 0.7 | 0.4 | 0.8 | 0.8 | 0.8 | 0.7 |
| Price / book | 1.3 | 1.1 | 1.0 | 0.9 | 1.0 | 0.7 | 1.3 | 1.1 | 1.0 | 0.7 |
| Price / free cash flow | 51.6 | 13.2 | 12.7 | 12.8 | 5.8 | — | 19.6 | — | — | 13.5 |
| Price / operating cash flow | 11.1 | 6.0 | 4.6 | 4.1 | 3.3 | 5.0 | 5.6 | 8.0 | 26.2 | 4.6 |
| EV / sales | 1.5 | 1.0 | 1.0 | 1.0 | 1.1 | 0.9 | 1.1 | 1.0 | 1.0 | 0.8 |
| EV / EBITDA | 19.3 | 5.6 | 6.1 | 6.4 | 4.8 | 9.7 | 7.4 | 9.9 | 7.3 | 3.2 |
| EV / free cash flow | 80.8 | 15.7 | 18.4 | 19.2 | 8.9 | — | 28.5 | — | — | 15.1 |
| Earnings yield | 0.2% | 9.9% | 10.0% | 4.6% | 17.6% | −2.9% | 4.7% | 8.1% | 1.5% | 13.9% |
| Free cash flow yield | 1.9% | 7.6% | 7.9% | 7.8% | 17.3% | −1.3% | 5.1% | 0.0% | −9.6% | 7.4% |
| Dividend yield | 2.5% | 2.6% | 3.1% | 3.3% | 3.2% | 5.5% | 2.7% | 2.4% | 1.8% | 1.6% |
| Shareholder yield (dividends + buybacks) | 3.1% | 3.2% | 5.1% | 6.0% | 4.3% | 8.7% | 12.7% | 17.5% | 12.8% | 13.4% |
| Share price at fiscal year-end | $24.42 | $19.49 | $15.38 | $14.27 | $14.65 | $8.64 | $16.41 | $15.25 | $13.92 | $13.06 |
| Per share | ||||||||||
| Revenue per share | $25.90 | $22.49 | $22.12 | $21.26 | $20.95 | $20.82 | $21.16 | $19.88 | $17.29 | $17.44 |
| Earnings per share | $0.04 | $1.93 | $1.54 | $0.66 | $2.58 | −$0.25 | $0.77 | $1.23 | $0.21 | $1.82 |
| Operating cash flow per share | $2.20 | $3.25 | $3.36 | $3.47 | $4.41 | $1.73 | $2.93 | $1.91 | $0.53 | $2.85 |
| Free cash flow per share | $0.47 | $1.48 | $1.22 | $1.11 | $2.53 | −$0.11 | $0.84 | $0.01 | −$1.34 | $0.96 |
| Cash per share | $4.36 | $11.10 | $3.24 | $3.15 | $3.00 | $3.57 | $2.75 | $3.14 | $5.72 | $7.47 |
| Book value per share | $18.65 | $18.56 | $16.10 | $15.03 | $15.02 | $12.40 | $12.52 | $13.68 | $14.02 | $18.08 |
| Tangible book value per share | −$4.12 | $4.65 | $1.93 | $1.31 | $0.48 | −$2.37 | −$1.71 | $1.88 | $2.93 | $3.56 |
| Dividends per share | $0.60 | $0.51 | $0.47 | $0.47 | $0.47 | $0.48 | $0.45 | $0.37 | $0.26 | $0.21 |
| Capex per share | $1.73 | $1.77 | $2.15 | $2.36 | $1.88 | $1.84 | $2.09 | $1.90 | $1.87 | $1.89 |
| Debt per share | $18.19 | $14.82 | $10.27 | $10.20 | $10.96 | $13.16 | $10.12 | $7.82 | $8.38 | $9.02 |
| Shares outstanding | 1.32B | 1.34B | 1.32B | 1.32B | 1.33B | 1.29B | 1.37B | 1.55B | 1.67B | 1.74B |
| Change in shares outstanding | −1.0% | +1.6% | −0.5% | −0.6% | +2.8% | −5.3% | −12.0% | −7.2% | −3.7% | −5.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 0.2% | 11.2% | 9.9% | 4.4% | 19.0% | −1.9% | 5.5% | 8.5% | 1.3% | 9.7% |
| Return on invested capital (ROIC) | 3.6% | 7.1% | 7.4% | 6.1% | 7.1% | 4.4% | 5.4% | 8.4% | 6.5% | 5.6% |
| Return on assets (ROA) | 0.1% | 4.0% | 3.5% | 1.5% | 6.1% | −0.6% | 2.0% | 3.3% | 0.5% | 3.9% |
| Return on tangible assets | 0.1% | 4.9% | 5.3% | 2.2% | 8.9% | −0.9% | 3.2% | 5.1% | 0.8% | 5.8% |
| Free cash flow margin | 1.8% | 6.6% | 5.5% | 5.2% | 12.1% | −0.5% | 3.9% | 0.0% | −7.8% | 5.5% |
| Income quality (OCF / net income) | 51.21 | 1.68 | 2.19 | 5.29 | 1.71 | — | 3.81 | 1.55 | 2.58 | 1.57 |
| Financial health | ||||||||||
| Total debt | $24.08B | $19.82B | $13.52B | $13.48B | $14.58B | $17.03B | $13.82B | $12.14B | $14.03B | $15.69B |
| Cash & short-term investments | $5.77B | $14.85B | $4.27B | $4.16B | $4.00B | $4.62B | $3.75B | $4.88B | $9.58B | $12.99B |
| Net debt | $18.30B | $4.97B | $9.24B | $9.32B | $10.58B | $12.41B | $10.07B | $7.26B | $4.45B | $2.71B |
| Debt / equity | 0.98 | 0.80 | 0.64 | 0.68 | 0.73 | 1.06 | 0.81 | 0.57 | 0.60 | 0.50 |
| Debt / assets | 0.32 | 0.28 | 0.24 | 0.24 | 0.25 | 0.32 | 0.27 | 0.22 | 0.23 | 0.20 |
| Net debt / EBITDA | 6.97 | 0.89 | 1.91 | 2.12 | 1.67 | 5.09 | 2.29 | 2.32 | 1.17 | 0.34 |
| Current ratio | 1.01 | 1.29 | 0.87 | 0.88 | 0.91 | 0.88 | 0.79 | 1.00 | 1.13 | 1.28 |
| Quick ratio | 0.76 | 0.99 | 0.66 | 0.66 | 0.69 | 0.74 | 0.67 | 0.86 | 1.01 | 1.20 |
| Interest coverage | 9.4 | 20.8 | 23.2 | 1.8 | 15.9 | 6.1 | 7.1 | 8.2 | 4.1 | 8.2 |
| Working capital | $351.0M | $7.48B | −$2.93B | −$2.67B | −$1.81B | −$2.18B | −$4.02B | $74.0M | $2.52B | $6.39B |
| Invested capital | $42.99B | $29.79B | $30.43B | $29.18B | $30.55B | $28.45B | $27.16B | $28.50B | $27.92B | $34.15B |
| Tangible asset value | −$5.38B | $6.28B | $2.60B | $1.77B | $689.0M | −$3.02B | −$2.29B | $2.95B | $4.95B | $6.26B |
| Net current asset value | −$26.16B | −$12.93B | −$16.97B | −$16.71B | −$18.80B | −$21.36B | −$19.51B | −$16.95B | −$16.46B | −$19.24B |
| Graham number | $4.25 | $28.38 | $23.61 | $14.90 | $29.51 | — | $14.71 | $19.44 | $8.05 | $27.20 |
| Graham net-net per share | −$26.71 | −$16.50 | −$18.29 | −$18.72 | −$19.17 | −$20.14 | −$18.16 | −$13.79 | −$12.44 | −$16.15 |
| Capital allocation | ||||||||||
| Dividends paid | $796.0M | $676.0M | $619.0M | $621.0M | $625.0M | $618.0M | $608.0M | $570.0M | $428.0M | $373.0M |
| Share buybacks (net) | $202.0M | $150.0M | $421.0M | $512.0M | $213.0M | $355.0M | $2.25B | $3.57B | $2.56B | $2.66B |
| Dividend payout ratio | — | 26.2% | 30.6% | 71.5% | 18.2% | — | 58.0% | 29.9% | 124.4% | 11.8% |
| Dividends + buybacks / free cash flow | 159.2% | 41.8% | 65.0% | 77.0% | 24.9% | — | 250.4% | — | — | 180.9% |
| Capex / revenue | 6.7% | 7.9% | 9.7% | 11.1% | 9.0% | 8.8% | 9.9% | 9.6% | 10.8% | 10.8% |
| Capex / operating cash flow | 78.5% | 54.5% | 63.9% | 68.0% | 42.6% | 106.4% | 71.5% | 99.7% | 352.9% | 66.2% |
| Capex / depreciation | 0.84 | 0.92 | 1.08 | 1.26 | 0.96 | 0.91 | 1.13 | 1.15 | 1.03 | 0.87 |
| Stock-based compensation / revenue | 1.9% | 1.4% | 1.5% | 1.4% | 1.4% | 1.0% | 0.9% | 0.9% | 1.5% | 1.8% |
| R&D / revenue | 7.3% | 7.5% | 8.1% | 7.3% | 7.1% | 7.0% | 6.4% | 5.4% | 5.1% | 7.6% |
| SG&A / revenue | 16.6% | 16.2% | 17.7% | 17.6% | 17.7% | 17.2% | 17.0% | 15.9% | 17.3% | 17.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 88.0 | 87.7 | 91.8 | 100.9 | 103.3 | 97.5 | 97.7 | 102.8 | 105.4 | 139.9 |
| Days of inventory on hand | 105.8 | 110.5 | 92.9 | 91.5 | 69.9 | 48.9 | 44.3 | 39.7 | 36.4 | 34.9 |
| Days payables outstanding | 140.4 | 161.9 | 150.8 | 148.8 | 120.5 | 106.0 | 107.1 | 101.3 | 98.1 | 94.6 |
| Cash conversion cycle (days) | 53.4 | 36.2 | 33.9 | 43.6 | 52.7 | 40.3 | 34.9 | 41.2 | 43.7 | 80.1 |
| Receivables turnover | 4.15 | 4.16 | 3.97 | 3.62 | 3.53 | 3.74 | 3.74 | 3.55 | 3.46 | 2.61 |
| Payables turnover | 2.60 | 2.25 | 2.42 | 2.45 | 3.03 | 3.44 | 3.41 | 3.60 | 3.72 | 3.86 |
| Inventory turnover | 3.45 | 3.30 | 3.93 | 3.99 | 5.22 | 7.47 | 8.24 | 9.20 | 10.03 | 10.46 |
| Asset turnover | 0.47 | 0.47 | 0.51 | 0.49 | 0.50 | 0.51 | 0.54 | 0.53 | 0.41 | 0.38 |
| Average receivables | $8.27B | $7.22B | $7.32B | $7.77B | $7.89B | $7.20B | $7.74B | $8.70B | $8.36B | $11.62B |
| Average payables | $9.40B | $9.10B | $7.93B | $7.86B | $6.19B | $5.49B | $5.84B | $6.08B | $5.51B | $5.39B |
| Average inventory | $7.08B | $6.21B | $4.88B | $4.84B | $3.59B | $2.53B | $2.42B | $2.38B | $2.04B | $1.99B |
| Intangibles / total assets | 39.7% | 26.1% | 32.6% | 31.7% | 33.5% | 35.4% | 37.5% | 33.0% | 30.2% | 31.7% |
Computed from HPE's annual financial statements (latest annual report filed December 18, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
HPE valuation and financial ratios
At the end of fiscal 2025 (October 31, 2025), Hewlett Packard Enterprise traded at 567.2 times earnings, against a 10-year median of 12.4. Based on the latest twelve months, the trailing P/E is 28.4 and the forward P/E is 13.6. Hewlett Packard Enterprise earned a return on equity of 0.2% and a return on invested capital of 3.6% in fiscal 2025. It ended the year with $24.1 billion of debt and $5.8 billion in cash and short-term investments, net debt of $18.3 billion. It returned $998.0 million to shareholders: $796.0 million in dividends and $202.0 million in share buybacks, 159% of free cash flow. The share count fell 23.9% from 1.74B to 1.32B over 9 years.
See the HPE income statement, the HPE chart for price history, or the HPE stock overview for the latest quote and news.
HPE key metrics FAQ
What is Hewlett Packard Enterprise's P/E ratio?
Hewlett Packard Enterprise's trailing P/E ratio is 28.4 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 13.6. At the end of fiscal 2025 it was 567.2, compared with a 10-year median of 12.4.
What is Hewlett Packard Enterprise's EV/EBITDA?
Hewlett Packard Enterprise's enterprise value was 19.3 times EBITDA at the end of fiscal 2025 (enterprise value $50.6 billion, EBITDA $2.6 billion); the current EV/EBITDA is 14.3.
What is Hewlett Packard Enterprise's return on equity?
Hewlett Packard Enterprise's return on equity (ROE) was 0.2% in fiscal 2025: net income of $57.0 million on average shareholders' equity of $24.8 billion.
What is Hewlett Packard Enterprise's ROIC?
Hewlett Packard Enterprise's return on invested capital was 3.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Hewlett Packard Enterprise have?
Hewlett Packard Enterprise had total debt of $24.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.98 and $18.3 billion of net debt (6.97 times EBITDA).
What is Hewlett Packard Enterprise's dividend yield?
Hewlett Packard Enterprise's forward dividend yield is 1.03%. Hewlett Packard Enterprise paid $796.0 million in dividends in fiscal 2025 ($0.60 per share), a payout ratio of —.
Does Hewlett Packard Enterprise buy back its shares?
Yes. Hewlett Packard Enterprise spent $202.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −1.0% over the year, to 1.32B..
What is Hewlett Packard Enterprise's free cash flow yield?
Hewlett Packard Enterprise generated $627.0 million of free cash flow in fiscal 2025, a free cash flow yield of 1.9% on its market value at year-end ($32.3 billion).
What is Hewlett Packard Enterprise's current ratio?
Hewlett Packard Enterprise's current ratio was 1.01 at the end of fiscal 2025: current assets were 1.01 times current liabilities.