Hewlett Packard Enterprise vs Sandisk
Hewlett Packard Enterprise reported revenue of $34.3 billion in fiscal 2025, 1.7 times Sandisk's $20.2 billion in fiscal 2026. Hewlett Packard Enterprise's revenue grew 13.8% in its latest year, and Sandisk's grew 175.3%. Hewlett Packard Enterprise had an operating margin of -1.3%, against 61.2% at Sandisk. Free cash flow was $627 million at Hewlett Packard Enterprise and $11.5 billion at Sandisk. Their fiscal years end in different months (October 31 and July 3), so the periods don't line up exactly.
Side by side
| Hewlett Packard Enterprise | Sandisk | |
|---|---|---|
| Latest fiscal year | FY2025, Oct 31, 2025 | FY2026, Jul 3, 2026 |
| Revenue | $34.3B | $20.2B |
| Revenue growth | 13.8% | 175.3% |
| Revenue growth a year, last 5 years | 4.9% | — |
| Gross margin | — | 71.5% |
| Operating margin | −1.3% | 61.2% |
| Net margin | 0.2% | 56.5% |
| Free cash flow | $627M | $11.5B |
| Free cash flow margin | 1.8% | 56.8% |
| Return on capital | −0.9% | 105.9% |
| Net debt to EBITDA | 9.0x | −0.4x |
| Dividends and buybacks | $886M | $4.5B |
| Change in diluted share count | −1.0% | 6.9% |
| Last close | $58.72 | $1,255.58 |
| P/E at the last close | 30.4× | 17.0× |
| Insider trades, last 12 months | sold $73.1 million | sold $133.8 million |
| Piotroski F-score | 4 of 8 | 7 of 9 |
Amounts in each company's own currency, US$ 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 EnterpriseSandisk
Operating margin
Percent of revenue
Hewlett Packard EnterpriseSandisk
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Hewlett Packard EnterpriseSandisk
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 Sandisk pages.