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HP

NYSE: HPQ · USD

HP debt and dilution47

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$9,160M
Jul 31, 2009 through Jul 31, 2026

Cash & equivalents

USD millions

$4,169M

Net debt

USD millions

$4,991M

Debt / equity

×

—

Unavailable for FY 2026 Q3.

Debt / assets

%

20.04%

Net debt / EBITDA

× · TTM

1.2×

Debt / FCF

× · TTM

2.36×

Interest coverage

× · TTM

8.18×

Current ratio

×

0.79×

Diluted shares

Million shares

927M shares

Basic shares

Million shares

919M shares

Share count growth

%

-2.96%

Share repurchases

USD millions

$300M

Quarterly data

HP capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal periodEndedTotal debtUSD millionsCash & equivalentsUSD millionsNet debtUSD millionsDebt / equity×Debt / assets%Net debt / EBITDA×Debt / FCF×Interest coverage×Current ratio×Diluted sharesMillion sharesBasic sharesMillion sharesShare count growth%Share repurchasesUSD millions
FY 2026 Q3Jul 31, 20269,1604,1694,991—20.04%1.2×2.36×8.18×0.79×927919-2.96%300
FY 2026 Q2Apr 30, 20269,6663,7035,963—22.51%1.48×2.56×7.45×0.79×925922-2.95%100
FY 2026 Q1Jan 31, 20269,6993,1546,545—23.35%1.63×3.37×7.27×0.76×932926-2.32%325
FY 2025 Q4Oct 31, 20259,6663,6905,976—23.14%1.46×3.45×7.38×0.77×947.07940.07-1.89%500
FY 2025 Q3Jul 31, 20259,6022,8716,731—24.09%1.63×3.38×7.32×0.74×954947-3.27%200
FY 2025 Q2Apr 30, 202510,7372,6978,040—27.67%1.89×4.04×7.83×0.73×956950-3.46%100
FY 2025 Q1Jan 31, 20259,6912,8806,811—24.89%1.5×2.97×8.36×0.72×957948-4.72%100
FY 2024 Q4Oct 31, 20249,6693,2386,431—24.23%1.38×3.06×8.45×0.72×974.11958.15-3.7%900
FY 2024 Q3Jul 31, 20249,6252,7856,840—25.29%1.46×2.74×8.21×0.71×990979-1.41%600
FY 2024 Q2Apr 30, 20249,5922,4427,150—25.62%1.52×3.11×7.85×0.75×990984-0.71%100
FY 2024 Q1Jan 31, 20249,6602,2637,397—26.95%1.64×3.08×7.02×0.71×1,0029950.61%500
FY 2023 Q4Oct 31, 20239,4843,1076,377—25.63%1.48×3.2×6.31×0.73×1,002.97994.97-0.15%0
FY 2023 Q3Jul 31, 20239,6791,6738,006—26.42%1.96×3.34×5.8×0.69×1,002993-3.03%0
FY 2023 Q2Apr 30, 202310,6001,9238,677—29.15%1.98×4.7×6.83×0.71×998991-5.62%0
FY 2023 Q1Jan 31, 202310,7591,4059,354—29.76%1.92×5.17×9.21×0.69×996989-8.51%100
FY 2022 Q4Oct 31, 202211,0143,1457,869—28.54%1.44×3×13.03×0.76×1,008.46996.46-11.65%750
FY 2022 Q3Jul 31, 202210,9995,3865,613—28.03%0.95×2.4×17.63×0.86×1,0351,024-13.59%1,000
FY 2022 Q2Apr 30, 20228,9984,4774,521—22.55%0.75×1.69×19.91×0.81×1,0621,050-14.91%1,000
FY 2022 Q1Jan 31, 20227,0573,3943,663—18.14%0.6×1.12×21.02×0.74×1,0941,081-15.88%1,508
FY 2021 Q4Oct 31, 20217,4924,2993,193—19.4%0.52×1.29×20.87×0.76×1,139.881,127.88-16.3%1,754
FY 2021 Q3Jul 31, 20217,1123,4393,673—20.02%0.63×1.45×19.6×0.74×1,1991,185-16.37%1,500
FY 2021 Q2Apr 30, 20216,1393,4242,715—17.77%0.52×1.11×18.18×0.72×1,2471,234-14.01%1,600
FY 2021 Q1Jan 31, 20216,1774,1602,017—17.78%0.43×1.74×15.99×0.73×1,2931,285-11.62%1,378
FY 2020 Q4Oct 31, 20206,2174,8641,353—17.93%0.32×1.66×14.49×0.79×1,357.461,347.48-8.73%1,340
FY 2020 Q3Jul 31, 20206,2574,6791,578—18.27%0.37×2.64×14.41×0.81×1,4231,417-5.47%1,000
FY 2020 Q2Apr 30, 20205,4924,0541,438—16.26%0.32×1.84×15.54×0.78×1,4401,435-6.15%100
FY 2020 Q1Jan 31, 20204,8554,205650—15.34%0.14×1.1×16.17×0.73×1,4601,454-6.56%691
FY 2019 Q4Oct 31, 20195,1374,537600—15.35%0.13×1.29×16.02×0.8×1,485.421,476.42-6.52%461
FY 2019 Q3Jul 31, 20195,0584,919139—15.61%0.03×1.16×15.73×0.8×1,5081,499-6.37%500
FY 2019 Q2Apr 30, 20195,0393,5561,483—15.77%0.32×1.4×15.19×0.79×1,5361,529-6.2%700
FY 2019 Q1Jan 31, 20195,0033,3671,636—15.4%0.36×1.32×13.9×0.78×1,5671,556-5.7%720
FY 2018 Q4Oct 31, 20185,9875,166821—17.29%0.18×1.5×13.03×0.85×1,601.361,579.39-5.44%598
FY 2018 Q3Jul 31, 20187,1846,195989—20.97%0.23×1.93×12.02×0.85×1,6181,601-4.76%700
FY 2018 Q2Apr 30, 20186,1114,2471,864—19.05%0.44×1.52×11.19×0.84×1,6461,630-3.44%800
FY 2018 Q1Jan 31, 20187,8695,4752,394—22.33%0.59×2.26×11.26×0.91×1,6691,650-3.17%462
FY 2017 Q4Oct 31, 20177,8196,997822—23.76%0.21×2.39×11.39×1×1,693.11,670.2-2.62%501
FY 2017 Q3Jul 31, 20177,8066,967839—24.44%0.23×2.36×11.16×0.97×1,6951,681-1.75%300
FY 2017 Q2Apr 30, 20176,8206,223597—23.77%0.16×2.64×12.03×0.98×1,7091,688-1.86%200
FY 2017 Q1Jan 31, 20176,7886,331457—24.08%0.12×1.84×12.78×0.96×1,7211,704-4.05%386
FY 2016 Q4Oct 31, 20166,8366,288548—23.56%0.14×2.44×13×0.98×1,731.091,715.11—2
FY 2016 Q3Jul 31, 20166,8355,6361,199—25.11%0.24×1.76×10.42×0.96×1,7251,711-56.95%100
FY 2016 Q2Apr 30, 20166,7724,6362,136—26.53%0.35×1.85×8.98×0.91×1,7311,720-56.94%300
FY 2016 Q1Jan 31, 20166,7323,6883,044—26.38%0.4×2.35×8.77×0.9×1,7851,776-56%797
FY 2015 Q4Oct 31, 201524,66517,4337,2320.88×23.08%0.76×8.54×9.65×1.23×-4,751.86-4,675.79-214.09%301
FY 2015 Q3Jul 31, 201525,50217,1718,3310.93×23.83%0.79×8.55×11.85×1.06×4,025.263,974.61-3.48%400
FY 2015 Q2Apr 30, 201521,05814,7686,2900.78×20.77%0.58×4.37×13.82×1.13×4,042.873,994.43-4.02%600
FY 2015 Q1Jan 31, 201519,06112,9196,1420.71×18.9%0.54×3.03×16.12×1.13×4,097.924,036.27-3.88%1,571
FY 2014 Q4Oct 31, 201419,52515,1334,3920.72×18.92%0.38×2.3×11.57×1.15×4,203.694,098.42-3.02%750
FY 2014 Q3Jul 31, 201419,83314,4745,3590.69×19.22%0.46×2.3×36.36×1.16×4,181.64,117.74-3.06%582
FY 2014 Q2Apr 30, 201422,58615,0967,4900.79×21.72%0.62×2.88×25.16×1.15×4,219.034,161.78-2.33%831
FY 2014 Q1Jan 31, 201424,59216,1658,4270.87×23.42%0.71×2.9×18.67×1.16×4,260.874,199.21-2.36%565
FY 2013 Q4Oct 31, 201322,58712,16310,4240.82×21.37%0.89×2.69×9.66×1.11×4,280.834,226-2.34%479
FY 2013 Q3Jul 31, 201324,74813,25111,4970.99×23.39%3.37×2.55×-1.56×1.09×4,289.54,247.66-2.13%3
FY 2013 Q2Apr 30, 201326,79113,24013,5511.12×25.21%—2.71×-14×1.11×4,287.294,260.87-2.22%797
FY 2013 Q1Jan 31, 201328,22712,58915,6381.21×26.45%—3.33×-13.09×1.12×4,307.114,300.51-1.41%253
FY 2012 Q4Oct 31, 201228,43611,30117,1351.25×26.14%—4.14×-12.78×1.09×4,327.074,327.07-1.26%124
FY 2012 Q3Jul 31, 201229,7449,50920,2350.93×25.3%14.64×6.34×—1.12×4,340.144,340.14-4.04%365
FY 2012 Q2Apr 30, 201230,0778,31121,7660.72×23.55%1.72×6.27×—1.16×4,375.374,357.76-7.95%350
FY 2012 Q1Jan 31, 201230,9008,11322,7870.78×24.41%1.71×4.93×—1.1×4,399.64,362.16-9.21%780
FY 2011 Q4Oct 31, 201130,6348,04322,5910.79×23.65%1.54×3.78×17.56×1.01×4,470.234,382.29-11.58%500
FY 2011 Q3Jul 31, 201125,69612,95312,7430.66×20.57%0.74×2.85×—1.15×4,580.164,522.91-11.54%4,600
FY 2011 Q2Apr 30, 201122,91812,73810,1800.55×18.32%0.6×2.53×—1.09×4,809.174,734.3-8.32%2,700
FY 2011 Q1Jan 31, 201120,4039,93410,4690.49×17.01%0.62×2.44×—1.18×4,901.654,804.76-7.46%2,290
FY 2010 Q4Oct 31, 201022,30410,92911,3750.55×17.91%0.7×2.86×27.53×1.1×5,053.254,956.15-4.92%3,963
FY 2010 Q3Jul 31, 201020,04614,7185,3280.47×16.7%0.33×2.4×—1.1×5,231.955,113.04-2.52%2,600
FY 2010 Q2Apr 30, 201017,66214,1313,5310.4×15.23%0.22×1.97×—1.22×5,298.015,163.69—1,800
FY 2010 Q1Jan 31, 201015,90013,5472,3530.38×13.99%———1.26×5,344.255,192.32—2,713
FY 2009 Q4Oct 31, 200915,83013,2792,5510.39×13.79%0.17×1.63×16.98×1.22×5,333.65,212.64—2,102
FY 2009 Q3Jul 31, 200917,18013,5213,6590.41×15.47%———1.17×5,364.075,245.16—999
Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · HPQ, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt
Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents
Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt
Total debt − cash and equivalents. Negative means net cash.
Debt / equity
Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets
Total debt / total assets × 100.
Net debt / EBITDA
Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF
Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage
TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio
Current assets / positive current liabilities.
Diluted shares
Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares
Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth
Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases
Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.