DELL vs HPE
Dell Technologies (DELL) and Hewlett Packard Enterprise (HPE) compared side by side. Dell Technologies (DELL) is larger, with a market cap of $290.2B versus $75.3B for Hewlett Packard Enterprise, about 3.9 times the size. On trailing earnings, DELL is cheaper at 26.5x versus 29.2x for HPE.
Head to head
| Metric | DELL | HPE |
|---|---|---|
| Market cap | $290.2B | $75.3B |
| P/E (TTM) | 26.5x | 29.2x |
| Forward P/E | 15.3x | 12.0x |
| Revenue (TTM) | $151.2B | $41.9B |
| Revenue growth | 57.7% | 33.7% |
| Gross margin | 19.9% | 36.6% |
| Operating margin | 12.0% | 12.6% |
| Free cash flow | $8.6B | $4.2B |
| Dividend yield | 0.55% | 1.01% |
| 1-year return | +199.1% | +148.9% |
| 5-year return (annual) | +54.0% | +33.4% |
| Max drawdown | -60% | -57% |
| FI Handbook grade | B- | C+ |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
DELL vs HPE FAQ
Which is bigger, DELL or HPE?
Dell Technologies (DELL) is larger, with a market cap of $290.2B versus $75.3B for Hewlett Packard Enterprise, about 3.9 times the size.
Is DELL or HPE cheaper?
On trailing earnings, DELL is cheaper at 26.5x versus 29.2x for HPE. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, DELL or HPE?
DELL returned +199.1% over the past year including dividends, versus +148.9% for HPE, through October 23, 2026.
Which pays a higher dividend, DELL or HPE?
HPE yields 1.01% versus 0.55% for DELL.
Full pages: Dell Technologies · Hewlett Packard Enterprise