Hewlett Packard Enterprise vs HP
HP reported revenue of $55.3 billion in fiscal 2025, 1.6 times Hewlett Packard Enterprise's $34.3 billion in fiscal 2025. Hewlett Packard Enterprise's revenue grew 13.8% in its latest year, and HP's grew 3.2%. Hewlett Packard Enterprise had an operating margin of -1.3%, against 5.7% at HP. Free cash flow was $627 million at Hewlett Packard Enterprise and $2.8 billion at HP.
Side by side
| Hewlett Packard Enterprise | HP | |
|---|---|---|
| Latest fiscal year | FY2025, Oct 31, 2025 | FY2025, Oct 31, 2025 |
| Revenue | $34.3B | $55.3B |
| Revenue growth | 13.8% | 3.2% |
| Revenue growth a year, last 5 years | 4.9% | −0.5% |
| Gross margin | — | 20.6% |
| Operating margin | −1.3% | 5.7% |
| Net margin | 0.2% | 4.6% |
| Free cash flow | $627M | $2.8B |
| Free cash flow margin | 1.8% | 5.1% |
| Return on capital | −0.9% | 55.3% |
| Net debt to EBITDA | 9.0x | 1.5x |
| Dividends and buybacks | $886M | $1.9B |
| Change in diluted share count | −1.0% | −3.6% |
| Last close | $58.72 | $34.09 |
| P/E at the last close | 30.4× | 13.1× |
| Insider trades, last 12 months | sold $73.1 million | sold $6.4 million |
| Piotroski F-score | 4 of 8 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Hewlett Packard EnterpriseHP
Operating margin
Percent of revenue
Hewlett Packard EnterpriseHP
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Hewlett Packard EnterpriseHP
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Hewlett Packard Enterprise and HP pages.