Hewlett Packard Enterprise (HPE) stock
Information Technology · Technology Hardware, Storage & Peripherals
Hewlett Packard Enterprise (HPE) is a Technology Hardware, Storage & Peripherals company in the Information Technology sector, headquartered in Houston, Texas. As of October 23, 2026, HPE closed at $56.69, a market capitalization of $75.25 billion, the 168th largest company in the S&P 500. Over the last twelve months it generated $41.87 billion in revenue (+34% year over year) and $4.16 billion in free cash flow. The stock trades at 29.2x trailing earnings and 12.0x forward earnings.
- 1-year total return: +148.9% (dividends reinvested)
- 5-year return: +33.4% a year
- 52-week range: $19.84 – $73.56
- Gross margin 36.6%, operating margin 12.6%
- Dividend yield: 1.01%, 3 straight years of increases
- FI Handbook report card: C+ across 10 metrics
- 38th largest of 75 Information Technology stocks in the S&P 500
HPE price chart
1Y price change: +144.5% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| HPE | -9.0% | +138.8% | +148.9% | +58.9% | +33.4% | +19.5% | +20.6% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2015.
HPE key statistics
- Market cap
- $75.3B
- #168 in S&P 500
- P/E (TTM)
- 29.2x
- Forward P/E
- 12.0x
- EPS (TTM)
- $1.94
- Revenue (TTM)
- $41.9B
- +34%
- Free cash flow
- $4.2B
- Gross margin
- 36.6%
- Operating margin
- 12.6%
- Return on equity
- 10.9%
- Dividend yield
- 1.01%
- 52-week range
- $19.84 – $73.56
- Beta
- 1.40
- Price / sales
- 1.8x
- EV / EBITDA
- 13.0x
- Debt / equity
- 0.76x
- Employees
- 67,000
HPE report card
C+Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth33.7%A
- Gross margin36.6%C
- Operating margin12.6%C
- FCF margin9.9%C
- Return on equity10.9%C
- Net debt / EBITDA2.0xD
- Forward P/E12.0xA
- PEG ratio0.5xA
- Shareholder yield1.3%D
- Share count change / yr0.5%C
Hewlett Packard Enterprise Comp financials
Revenue went from $30.3B in fiscal 2016 to $34.3B in fiscal 2025, growing 1.4% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $30.3B | $28.9B | $30.9B | $29.1B | $27.0B | $27.8B | $28.5B | $29.1B | $30.1B | $34.3B |
| Gross profit | $17.2B | $16.2B | $16.8B | — | — | — | — | — | — | — |
| Operating income | $3.9B | $564.0M | $1.7B | $1.3B | -$329.0M | $1.1B | $782.0M | $2.1B | $2.2B | -$437.0M |
| Net income | $3.2B | $344.0M | $1.9B | $1.0B | -$322.0M | $3.4B | $868.0M | $2.0B | $2.6B | $57.0M |
| EPS (diluted) | $1.82 | $0.21 | $1.23 | $0.77 | $-0.25 | $2.58 | $0.66 | $1.54 | $1.93 | $-0.04 |
| Free cash flow | $1.8B | -$1.8B | $8.0M | $1.1B | -$143.0M | $3.4B | $1.5B | $1.6B | $2.0B | $627.0M |
| Buybacks | $2.7B | $2.6B | $3.6B | $2.2B | $355.0M | $213.0M | $512.0M | $421.0M | $150.0M | $202.0M |
| Dividends paid | $373.0M | $428.0M | $570.0M | $608.0M | $618.0M | $625.0M | $621.0M | $619.0M | $676.0M | $684.0M |
| Diluted shares | 1.7B | 1.7B | 1.6B | 1.4B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into HPE?
A reverse DCF asks what growth the current price requires. With an enterprise value of $89.4B and $4.2B of trailing free cash flow, Hewlett Packard Enterprise Comp needs to grow free cash flow about 12.4% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
P/E ratio history
Current 12.6x vs. median 11.7x (10th–90th percentile 6.3x–26.3x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
HPE dividend
- Dividend yield
- 1.01%
- Annual dividend
- $0.57
- Years of increases
- 3
- 5-yr dividend growth
- 2.1%
- per year
- Payout ratio
- 29%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
HPE earnings
Next report: September 2, 2026. Hewlett Packard Enterprise Comp has beaten EPS estimates 5 quarters in a row.
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jun 1, 2026 | $0.53 | $0.79 | +48.0% |
| Mar 9, 2026 | $0.59 | $0.65 | +10.8% |
| Dec 4, 2025 | $0.58 | $0.62 | +6.5% |
| Sep 3, 2025 | $0.42 | $0.44 | +5.4% |
| Jun 3, 2025 | $0.33 | $0.38 | +16.3% |
| Mar 6, 2025 | $0.50 | $0.49 | -1.8% |
| Dec 5, 2024 | $0.56 | $0.58 | +3.8% |
| Sep 4, 2024 | $0.47 | $0.50 | +6.6% |
Stocks like HPE
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|---|---|---|---|---|---|
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HPE news
- Should You Buy Hewlett Packard Enterprise Stock For Its Cash? · Oct 23, 2026
- Hewlett Packard Enterprise Climbs 4% While AI Server Peers Lag; Dell Rises 2%, Super Micro Unchanged · Oct 23, 2026
- Hewlett Packard Enterprise (HPE) Tests Its Valuation Following NVIDIA AI Factory And Moon Computing News · Oct 22, 2026
- Schneider Electric, NVIDIA & HPE announce strategic collaboration to accelerate Physical AI for Process Industries · Oct 22, 2026
- HPE updates AI Factory with Nvidia for regulated sectors · Oct 22, 2026
HPE stock FAQ
What is HPE's market cap?
Hewlett Packard Enterprise's market capitalization is $75.25 billion as of October 23, 2026, ranking 168th in the S&P 500.
What is HPE's P/E ratio?
HPE trades at a trailing price-to-earnings ratio of 29.2x and a forward P/E of 12.0x. Its median P/E over the period we track is 11.7x.
Does HPE pay a dividend?
Yes. Hewlett Packard Enterprise pays $0.57 per share a year, a 1.01% yield. It has raised its dividend 3 years in a row. Dividends grew 2.1% a year over the last five years.
How much has HPE stock returned?
Including reinvested dividends, HPE returned +148.9% over one year, +33.4% a year over five years, +19.5% a year over ten years through October 23, 2026.
Is HPE stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Hewlett Packard Enterprise must grow free cash flow about 12% a year for the next decade. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
When does HPE report earnings?
Hewlett Packard Enterprise is expected to report earnings on September 2, 2026. It has beaten EPS estimates 5 quarters in a row.
How many employees does Hewlett Packard Enterprise have?
Hewlett Packard Enterprise has about 67,000 full-time employees, or $624,940 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology