Hewlett Packard Enterprise Co (HPE) Financials & Stock Analysis

Hewlett Packard Enterprise Co

NYSE: HPE · USD

Revenue

USD millions

$12,213M

Hewlett Packard Enterprise Co Revenue. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
Period	Revenue
FY 2016 Q1	$12,724M; Change unavailable vs FY 2015 Q4
FY 2016 Q2	$12,711M; −0.1% vs FY 2016 Q1
FY 2016 Q3	$12,210M; −3.9% vs FY 2016 Q2
FY 2016 Q4	$12,478M; +2.2% vs FY 2016 Q3
FY 2017 Q1	$11,407M; −8.6% vs FY 2016 Q4
FY 2017 Q2	$7,445M; −34.7% vs FY 2017 Q1
FY 2017 Q3	$8,209M; +10.3% vs FY 2017 Q2
FY 2017 Q4	$7,660M; −6.7% vs FY 2017 Q3
FY 2018 Q1	$7,674M; +0.2% vs FY 2017 Q4
FY 2018 Q2	$7,468M; −2.7% vs FY 2018 Q1
FY 2018 Q3	$7,764M; +4.0% vs FY 2018 Q2
FY 2018 Q4	$7,946M; +2.3% vs FY 2018 Q3
FY 2019 Q1	$7,553M; −4.9% vs FY 2018 Q4
FY 2019 Q2	$7,150M; −5.3% vs FY 2019 Q1
FY 2019 Q3	$7,217M; +0.9% vs FY 2019 Q2
FY 2019 Q4	$7,215M; 0.0% vs FY 2019 Q3
FY 2020 Q1	$6,949M; −3.7% vs FY 2019 Q4
FY 2020 Q2	$6,009M; −13.5% vs FY 2020 Q1
FY 2020 Q3	$6,816M; +13.4% vs FY 2020 Q2
FY 2020 Q4	$7,208M; +5.8% vs FY 2020 Q3
FY 2021 Q1	$6,833M; −5.2% vs FY 2020 Q4
FY 2021 Q2	$6,700M; −1.9% vs FY 2021 Q1
FY 2021 Q3	$6,897M; +2.9% vs FY 2021 Q2
FY 2021 Q4	$7,354M; +6.6% vs FY 2021 Q3
FY 2022 Q1	$6,961M; −5.3% vs FY 2021 Q4
FY 2022 Q2	$6,713M; −3.6% vs FY 2022 Q1
FY 2022 Q3	$6,951M; +3.5% vs FY 2022 Q2
FY 2022 Q4	$7,871M; +13.2% vs FY 2022 Q3
FY 2023 Q1	$7,809M; −0.8% vs FY 2022 Q4
FY 2023 Q2	$6,973M; −10.7% vs FY 2023 Q1
FY 2023 Q3	$7,002M; +0.4% vs FY 2023 Q2
FY 2023 Q4	$7,351M; +5.0% vs FY 2023 Q3
FY 2024 Q1	$6,755M; −8.1% vs FY 2023 Q4
FY 2024 Q2	$7,204M; +6.6% vs FY 2024 Q1
FY 2024 Q3	$7,710M; +7.0% vs FY 2024 Q2
FY 2024 Q4	$8,458M; +9.7% vs FY 2024 Q3
FY 2025 Q1	$7,854M; −7.1% vs FY 2024 Q4
FY 2025 Q2	$7,627M; −2.9% vs FY 2025 Q1
FY 2025 Q3	$9,136M; +19.8% vs FY 2025 Q2
FY 2025 Q4	$9,679M; +5.9% vs FY 2025 Q3
FY 2026 Q1	$9,301M; −3.9% vs FY 2025 Q4
FY 2026 Q2	$10,678M; +14.8% vs FY 2026 Q1
FY 2026 Q3	$12,213M; +14.4% vs FY 2026 Q2

Free cash flow

USD millions

$896M

Hewlett Packard Enterprise Co Free cash flow. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
Period	Free cash flow
FY 2016 Q1	$-907M; Change unavailable vs FY 2015 Q4
FY 2016 Q2	$387M; +142.7% vs FY 2016 Q1
FY 2016 Q3	$854M; +120.7% vs FY 2016 Q2
FY 2016 Q4	$1,344M; +57.4% vs FY 2016 Q3
FY 2017 Q1	$-2,387M; −277.6% vs FY 2016 Q4
FY 2017 Q2	$-122M; +94.9% vs FY 2017 Q1
FY 2017 Q3	$167M; +236.9% vs FY 2017 Q2
FY 2017 Q4	$94M; −43.7% vs FY 2017 Q3
FY 2018 Q1	$-527M; −660.6% vs FY 2017 Q4
FY 2018 Q2	$-446M; +15.4% vs FY 2018 Q1
FY 2018 Q3	$482M; +208.1% vs FY 2018 Q2
FY 2018 Q4	$499M; +3.5% vs FY 2018 Q3
FY 2019 Q1	$-347M; −169.5% vs FY 2018 Q4
FY 2019 Q2	$188M; +154.2% vs FY 2019 Q1
FY 2019 Q3	$571M; +203.7% vs FY 2019 Q2
FY 2019 Q4	$729M; +27.7% vs FY 2019 Q3
FY 2020 Q1	$-647M; −188.8% vs FY 2019 Q4
FY 2020 Q2	$-491M; +24.1% vs FY 2020 Q1
FY 2020 Q3	$852M; +273.5% vs FY 2020 Q2
FY 2020 Q4	$143M; −83.2% vs FY 2020 Q3
FY 2021 Q1	$450M; +214.7% vs FY 2020 Q4
FY 2021 Q2	$287M; −36.2% vs FY 2021 Q1
FY 2021 Q3	$446M; +55.4% vs FY 2021 Q2
FY 2021 Q4	$2,186M; +390.1% vs FY 2021 Q3
FY 2022 Q1	$-700M; −132.0% vs FY 2021 Q4
FY 2022 Q2	$-346M; +50.6% vs FY 2022 Q1
FY 2022 Q3	$481M; +239.0% vs FY 2022 Q2
FY 2022 Q4	$2,036M; +323.3% vs FY 2022 Q3
FY 2023 Q1	$-1,623M; −179.7% vs FY 2022 Q4
FY 2023 Q2	$201M; +112.4% vs FY 2023 Q1
FY 2023 Q3	$854M; +324.9% vs FY 2023 Q2
FY 2023 Q4	$2,168M; +153.9% vs FY 2023 Q3
FY 2024 Q1	$-592M; −127.3% vs FY 2023 Q4
FY 2024 Q2	$533M; +190.0% vs FY 2024 Q1
FY 2024 Q3	$611M; +14.6% vs FY 2024 Q2
FY 2024 Q4	$1,422M; +132.7% vs FY 2024 Q3
FY 2025 Q1	$-918M; −164.6% vs FY 2024 Q4
FY 2025 Q2	$-1,008M; −9.8% vs FY 2025 Q1
FY 2025 Q3	$729M; +172.3% vs FY 2025 Q2
FY 2025 Q4	$1,824M; +150.2% vs FY 2025 Q3
FY 2026 Q1	$609M; −66.6% vs FY 2025 Q4
FY 2026 Q2	$827M; +35.8% vs FY 2026 Q1
FY 2026 Q3	$896M; +8.3% vs FY 2026 Q2

Net margin

12.61%

Hewlett Packard Enterprise Co Net margin. Reported fiscal history.
Fiscal period	%
FY 2016 Q1	2.1%
FY 2016 Q2	2.52%
FY 2016 Q3	18.61%
FY 2016 Q4	2.42%
FY 2017 Q1	2.34%
FY 2017 Q2	-8.22%
FY 2017 Q3	2.01%
FY 2017 Q4	6.84%
FY 2018 Q1	18.71%
FY 2018 Q2	10.42%
FY 2018 Q3	5.81%
FY 2018 Q4	-9.53%
FY 2019 Q1	2.34%
FY 2019 Q2	5.86%
FY 2019 Q3	-0.37%
FY 2019 Q4	6.65%
FY 2020 Q1	4.79%
FY 2020 Q2	-13.66%
FY 2020 Q3	0.13%
FY 2020 Q4	2.18%
FY 2021 Q1	3.26%
FY 2021 Q2	3.87%
FY 2021 Q3	5.68%
FY 2021 Q4	34.72%
FY 2022 Q1	7.37%
FY 2022 Q2	3.72%
FY 2022 Q3	5.88%
FY 2022 Q4	-3.86%
FY 2023 Q1	6.42%
FY 2023 Q2	5.99%
FY 2023 Q3	6.63%
FY 2023 Q4	8.73%
FY 2024 Q1	5.73%
FY 2024 Q2	4.36%
FY 2024 Q3	6.64%
FY 2024 Q4	16.15%
FY 2025 Q1	7.98%
FY 2025 Q2	-13.77%
FY 2025 Q3	3.34%
FY 2025 Q4	1.81%
FY 2026 Q1	4.86%
FY 2026 Q2	5.84%
FY 2026 Q3	12.61%

P/E

× · TTM · Daily

34.09×

Hewlett Packard Enterprise Co P/E. Monthly closing observations; inspect daily values with the chart arrow keys.
Close date	× · TTM · Daily	Financials through
2015-12-31	11.33×	2015-10-31
2016-01-29	10.25×	2015-10-31
2016-02-29	9.89×	2015-10-31
2016-03-31	13.21×	2015-10-31
2016-04-29	12.42×	2015-10-31
2016-05-31	13.76×	2015-10-31
2016-06-30	13.62×	2015-10-31
2016-07-29	15.66×	2015-10-31
2016-08-31	16.01×	2015-10-31
2016-09-30	16.95×	2015-10-31
2016-10-31	16.75×	2015-10-31
2016-11-30	17.74×	2015-10-31
2016-12-30	12.53×	2016-10-31
2017-01-31	12.28×	2016-10-31
2017-02-28	12.36×	2016-10-31
2017-03-31	12.84×	2016-10-31
2017-04-28	13.47×	2016-10-31
2017-05-31	13.6×	2016-10-31
2017-06-30	12.34×	2017-04-30
2017-07-31	13.02×	2017-04-30
2017-08-31	13.43×	2017-04-30
2017-09-29	201×	2017-07-31
2017-10-31	190.2×	2017-07-31
2017-11-30	190.61×	2017-07-31
2017-12-29	196.21×	2017-07-31
2018-01-31	224.09×	2017-07-31
2018-02-28	254.01×	2017-07-31
2018-03-29	239.67×	2017-07-31
2018-04-30	232.97×	2017-07-31
2018-05-31	208.24×	2017-07-31
2018-06-29	199.63×	2017-07-31
2018-07-31	210.97×	2017-07-31
2018-08-31	225.86×	2017-07-31
2018-09-28	79.37×	2017-10-31
2018-10-31	74.21×	2017-10-31
2018-11-30	72.99×	2017-10-31
2018-12-31	6.34×	2018-07-31
2019-01-31	7.48×	2018-07-31
2019-02-28	7.86×	2018-07-31
2019-03-29	33.57×	2019-01-31
2019-04-30	34.4×	2019-01-31
2019-05-31	29.85×	2019-01-31
2019-06-28	71.24×	2019-04-30
2019-07-31	68.48×	2019-04-30
2019-08-30	65.86×	2019-04-30
2019-09-30	—	2019-07-31
2019-10-31	—	2019-07-31
2019-11-29	—	2019-07-31
2019-12-31	—	2019-07-31
2020-01-31	—	2019-07-31
2020-02-28	—	2019-07-31
2020-03-31	10.6×	2020-01-31
2020-04-30	10.98×	2020-01-31
2020-05-29	10.6×	2020-01-31
2020-06-30	—	2020-04-30
2020-07-31	—	2020-04-30
2020-08-31	—	2020-04-30
2020-09-30	12,181×	2020-07-31
2020-10-30	11,232×	2020-07-31
2020-11-30	14,352×	2020-07-31
2020-12-31	15,405×	2020-07-31
2021-01-29	16,042×	2020-07-31
2021-02-26	18,928×	2020-07-31
2021-03-31	—	2021-01-31
2021-04-30	—	2021-01-31
2021-05-28	—	2021-01-31
2021-06-30	29.95×	2021-04-30
2021-07-30	29.78×	2021-04-30
2021-08-31	31.76×	2021-04-30
2021-09-30	18.49×	2021-07-31
2021-10-29	19.01×	2021-07-31
2021-11-30	18.62×	2021-07-31
2021-12-31	20.47×	2021-07-31
2022-01-31	21.19×	2021-07-31
2022-02-28	20.66×	2021-07-31
2022-03-31	5.96×	2022-01-31
2022-04-29	5.49×	2022-01-31
2022-05-31	5.56×	2022-01-31
2022-06-30	4.75×	2022-04-30
2022-07-29	5.1×	2022-04-30
2022-08-31	4.87×	2022-04-30
2022-09-30	4.25×	2022-07-31
2022-10-31	5.07×	2022-07-31
2022-11-30	5.96×	2022-07-31
2022-12-30	5.67×	2022-07-31
2023-01-31	5.73×	2022-07-31
2023-02-28	5.54×	2022-07-31
2023-03-31	24.47×	2023-01-31
2023-04-28	22×	2023-01-31
2023-05-31	22.15×	2023-01-31
2023-06-30	21.62×	2023-04-30
2023-07-31	22.37×	2023-04-30
2023-08-31	21.87×	2023-04-30
2023-09-29	21.19×	2023-07-31
2023-10-31	18.76×	2023-07-31
2023-11-30	20.62×	2023-07-31
2023-12-29	20.71×	2023-07-31
2024-01-31	18.65×	2023-07-31
2024-02-29	18.58×	2023-07-31
2024-03-28	12.21×	2024-01-31
2024-04-30	11.71×	2024-01-31
2024-05-31	12.15×	2024-01-31
2024-06-28	15.52×	2024-04-30
2024-07-31	14.6×	2024-04-30
2024-08-30	14.2×	2024-04-30
2024-09-30	14.69×	2024-07-31
2024-10-31	13.99×	2024-07-31
2024-11-29	15.24×	2024-07-31
2024-12-31	11.48×	2024-10-31
2025-01-31	11.39×	2024-10-31
2025-02-28	10.65×	2024-10-31
2025-03-31	8.29×	2024-10-31
2025-04-30	8.72×	2024-10-31
2025-05-30	9.29×	2024-10-31
2025-06-30	10.99×	2024-10-31
2025-07-31	11.12×	2024-10-31
2025-08-29	12.13×	2024-10-31
2025-09-30	30.72×	2025-07-31
2025-10-31	30.55×	2025-07-31
2025-11-28	27.36×	2025-07-31
2025-12-31	—	2025-10-31
2026-01-30	—	2025-10-31
2026-02-27	—	2025-10-31
2026-03-31	—	2026-01-31
2026-04-30	—	2026-01-31
2026-05-29	—	2026-01-31
2026-06-30	44.86×	2026-04-30
2026-07-31	47.63×	2026-04-30
2026-08-31	51.95×	2026-04-30
2026-09-25	34.09×	2026-07-31

ROIC

% · Annual / TTM

—

Hewlett Packard Enterprise Co ROIC. Reported fiscal history.
Fiscal period	% · Annual / TTM
FY 2016 Q1	—
FY 2016 Q2	—
FY 2016 Q3	—
FY 2016 Q4	—
FY 2017 Q1	8.48%
FY 2017 Q2	6.48%
FY 2017 Q3	0.91%
FY 2017 Q4	—
FY 2018 Q1	—
FY 2018 Q2	—
FY 2018 Q3	—
FY 2018 Q4	—
FY 2019 Q1	3.21%
FY 2019 Q2	0.93%
FY 2019 Q3	—
FY 2019 Q4	3.09%
FY 2020 Q1	4.01%
FY 2020 Q2	—
FY 2020 Q3	-0%
FY 2020 Q4	—
FY 2021 Q1	—
FY 2021 Q2	—
FY 2021 Q3	—
FY 2021 Q4	3.78%
FY 2022 Q1	4.46%
FY 2022 Q2	4.2%
FY 2022 Q3	4.75%
FY 2022 Q4	2.69%
FY 2023 Q1	2.58%
FY 2023 Q2	3.26%
FY 2023 Q3	3.27%
FY 2023 Q4	6.59%
FY 2024 Q1	6.07%
FY 2024 Q2	5.64%
FY 2024 Q3	5.81%
FY 2024 Q4	6.64%
FY 2025 Q1	6.13%
FY 2025 Q2	1.59%
FY 2025 Q3	0.64%
FY 2025 Q4	—
FY 2026 Q1	—
FY 2026 Q2	—
FY 2026 Q3	—

Capital allocation

% of tracked cash uses

$1,069M

Hewlett Packard Enterprise Co capital allocation. Quarterly values. Missing values are unavailable.
Period	Capex	Acquisitions	Buybacks	Dividends	Debt repayments	Tracked uses
FY 2016 Q1	39.15% · $832M	0% · $0M	56.33% · $1,197M	4.52% · $96M	Unavailable	100% · $2,125M
FY 2016 Q2	85.51% · $720M	1.54% · $13M	1.78% · $15M	11.16% · $94M	Unavailable	100% · $842M
FY 2016 Q3	35.68% · $860M	0.37% · $9M	60.17% · $1,450M	3.78% · $91M	Unavailable	100% · $2,410M
FY 2016 Q4	90.42% · $868M	0% · $0M	0% · $0M	9.58% · $92M	Unavailable	100% · $960M
FY 2017 Q1	46.97% · $923M	14.86% · $292M	32.62% · $641M	5.55% · $109M	Unavailable	100% · $1,965M
FY 2017 Q2	23.02% · $758M	53.39% · $1,758M	20.35% · $670M	3.25% · $107M	Unavailable	100% · $3,293M
FY 2017 Q3	49.73% · $724M	0% · $0M	42.93% · $625M	7.35% · $107M	Unavailable	100% · $1,456M
FY 2017 Q4	45.49% · $732M	9.45% · $152M	38.53% · $620M	6.53% · $105M	Unavailable	100% · $1,609M
FY 2018 Q1	43.7% · $669M	0% · $0M	48.47% · $742M	7.84% · $120M	Unavailable	100% · $1,531M
FY 2018 Q2	39.71% · $693M	1.66% · $29M	51.98% · $907M	6.65% · $116M	Unavailable	100% · $1,745M
FY 2018 Q3	37.4% · $767M	8.68% · $178M	45.64% · $936M	8.29% · $170M	Unavailable	100% · $2,051M
FY 2018 Q4	41.89% · $827M	0% · $0M	49.8% · $983M	8.31% · $164M	Unavailable	100% · $1,974M
FY 2019 Q1	41.05% · $729M	4.28% · $76M	45.83% · $814M	8.84% · $157M	Unavailable	100% · $1,776M
FY 2019 Q2	52.32% · $799M	0% · $0M	37.59% · $574M	10.09% · $154M	Unavailable	100% · $1,527M
FY 2019 Q3	46.06% · $625M	0.37% · $5M	42.52% · $577M	11.05% · $150M	Unavailable	100% · $1,357M
FY 2019 Q4	27.26% · $703M	56.03% · $1,445M	11.01% · $284M	5.7% · $147M	Unavailable	100% · $2,579M
FY 2020 Q1	60.81% · $568M	0.64% · $6M	21.84% · $204M	16.7% · $156M	Unavailable	100% · $934M
FY 2020 Q2	65.45% · $591M	0.78% · $7M	16.72% · $151M	17.05% · $154M	Unavailable	100% · $903M
FY 2020 Q3	80.1% · $620M	0% · $0M	0% · $0M	19.9% · $154M	Unavailable	100% · $774M
FY 2020 Q4	37.49% · $604M	52.95% · $853M	0% · $0M	9.56% · $154M	Unavailable	100% · $1,611M
FY 2021 Q1	76.8% · $513M	0% · $0M	0% · $0M	23.2% · $155M	Unavailable	100% · $668M
FY 2021 Q2	73.79% · $535M	4.69% · $34M	0% · $0M	21.52% · $156M	Unavailable	100% · $725M
FY 2021 Q3	72.77% · $684M	10.53% · $99M	0% · $0M	16.7% · $157M	Unavailable	100% · $940M
FY 2021 Q4	50.93% · $770M	24.6% · $372M	14.09% · $213M	10.38% · $157M	Unavailable	100% · $1,512M
FY 2022 Q1	68.72% · $624M	0% · $0M	14.21% · $129M	17.07% · $155M	Unavailable	100% · $908M
FY 2022 Q2	77.21% · $725M	0% · $0M	6.18% · $58M	16.61% · $156M	Unavailable	100% · $939M
FY 2022 Q3	68.65% · $773M	0% · $0M	17.5% · $197M	13.85% · $156M	Unavailable	100% · $1,126M
FY 2022 Q4	78% · $1,000M	0% · $0M	9.98% · $128M	12.01% · $154M	Unavailable	100% · $1,282M
FY 2023 Q1	75.26% · $794M	3.03% · $32M	6.92% · $73M	14.79% · $156M	Unavailable	100% · $1,055M
FY 2023 Q2	52% · $688M	28.27% · $374M	8.01% · $106M	11.72% · $155M	Unavailable	100% · $1,323M
FY 2023 Q3	49.09% · $671M	25.97% · $355M	13.68% · $187M	11.27% · $154M	Unavailable	100% · $1,367M
FY 2023 Q4	76.36% · $675M	0% · $0M	6.22% · $55M	17.42% · $154M	Unavailable	100% · $884M
FY 2024 Q1	79.23% · $656M	0% · $0M	0.36% · $3M	20.41% · $169M	Unavailable	100% · $828M
FY 2024 Q2	72.35% · $560M	0% · $0M	5.81% · $45M	21.83% · $169M	Unavailable	100% · $774M
FY 2024 Q3	71.07% · $543M	0% · $0M	6.81% · $52M	22.12% · $169M	Unavailable	100% · $764M
FY 2024 Q4	62.42% · $608M	15.09% · $147M	5.13% · $50M	17.35% · $169M	Unavailable	100% · $974M
FY 2025 Q1	70.31% · $528M	Unavailable	6.92% · $52M	22.77% · $171M	Unavailable	100% · $751M
FY 2025 Q2	71.22% · $547M	Unavailable	6.51% · $50M	22.27% · $171M	Unavailable	100% · $768M
FY 2025 Q3	77.11% · $576M	Unavailable	0% · $0M	22.89% · $171M	Unavailable	100% · $747M
FY 2025 Q4	70.29% · $641M	0% · $0M	10.96% · $100M	18.75% · $171M	Unavailable	100% · $912M
FY 2026 Q1	62.05% · $569M	Unavailable	17.23% · $158M	20.72% · $190M	Unavailable	100% · $917M
FY 2026 Q2	62.96% · $583M	Unavailable	16.63% · $154M	20.41% · $189M	Unavailable	100% · $926M
FY 2026 Q3	69.69% · $745M	Unavailable	12.63% · $135M	17.68% · $189M	Unavailable	100% · $1,069M

Sources and calculations

Company filings · USD · Last checked 2026-10-18. Missing inputs remain unavailable. Your chart selection and layout are saved in this browser for Hewlett Packard Enterprise Co.

All charts share the selected dates. Quarterly/Yearly changes fiscal charts; valuation keeps completed daily closes on a published TTM basis. Later restatements can delay that basis. Historical mean, median and pricing labels use the selected range and do not estimate intrinsic fair value.

SBC deduction is an optional economic-cost scenario for FCF-based metrics. Missing SBC never becomes zero.

Revenue: Reported revenue from company filings.
Free cash flow: Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Net margin: Reported net income / revenue × 100.
P/E: Completed closing price × diluted shares / TTM earnings attributable to common shareholders.
ROIC: NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
Capital allocation: Reported cash uses as a percentage of tracked uses. Missing categories remain unavailable; SBC is noncash and excluded.

Reported revenue and sources

Hewlett Packard Enterprise Co financials