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HP (HPQ) Financials

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$24.56 -0.68 (-2.67%)
Closing price 03:59 PM Eastern
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$24.56 -0.01 (-0.02%)
As of 07:59 PM Eastern
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Annual Income Statements for HP

Annual Income Statements for HP

This table shows HP's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 10/31/2015 10/31/2016 10/31/2017 10/31/2018 10/31/2019 10/31/2020 10/31/2021 10/31/2022 10/31/2023 10/31/2024 10/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 4,554 2,496 2,526 5,327 3,152 2,815 6,541 3,132 3,263 2,775 2,529
Consolidated Net Income / (Loss)		 4,554 2,496 2,526 5,327 3,152 2,815 6,541 3,132 3,263 2,775 2,529
Net Income / (Loss) Continuing Operations		 3,718 2,666 2,526 5,327 3,152 2,815 6,541 3,132 3,263 2,775 2,529
Total Pre-Tax Income 		3,532 3,761 3,276 3,013 2,523 3,211 7,568 4,324 2,937 3,279 2,668
Total Operating Income		 3,920 3,549 3,368 3,831 3,877 3,442 5,359 4,559 3,456 3,818 3,174
Total Gross Profit		 9,939 8,998 9,578 10,669 11,170 10,421 13,407 12,263 11,508 11,818 11,392
Total Revenue		 51,463 48,238 52,056 58,472 58,756 56,638 63,460 62,910 53,718 53,559 55,295
Operating Revenue		 51,463 48,238 52,056 58,472 58,756 56,638 63,460 62,910 53,718 53,559 55,295
Total Cost of Revenue		 41,524 39,240 42,478 47,803 47,586 46,217 50,053 50,647 42,210 41,741 43,903
Operating Cost of Revenue		 41,524 39,240 42,478 47,803 47,586 46,217 50,053 50,647 42,210 41,741 43,903
Total Operating Expenses		 6,019 5,449 6,210 6,838 7,293 6,979 8,048 7,704 8,052 8,000 8,218
Selling, General & Admin Expense		 4,719 3,833 4,532 5,099 5,368 4,901 5,727 5,264 5,357 5,658 5,821
Research & Development Expense		 1,191 1,209 1,190 1,404 1,499 1,477 1,848 1,653 1,578 1,640 1,602
Amortization Expense		 102 16 1.00 80 116 113 154 228 350 318 345
Restructuring Charge		 64 212 487 255 310 488 319 559 767 384 450
Total Other Income / (Expense), net		 -388 212 -92 -818 -1,354 -231 2,209 -235 -519 -539 -506
Other Income / (Expense), net		 -388 212 -92 -818 -1,354 -231 2,209 -235 -519 -539 -506
Income Tax Expense		 -186 1,095 750 -2,314 -629 396 1,027 1,192 -326 504 139
Basic Earnings per Share		 $2.51 $1.44 $1.50 $3.30 $2.08 $1.99 $5.41 $3.02 $3.29 $2.83 $2.67
Weighted Average Basic Shares Outstanding		 1.81B 1.73B 1.69B 1.62B 1.52B 1.41B 1.21B 1.04B 992M 979M 946M
Diluted Earnings per Share		 $2.48 $1.43 $1.48 $3.26 $2.07 $1.98 $5.36 $2.98 $3.26 $2.81 $2.65
Weighted Average Diluted Shares Outstanding		 1.84B 1.74B 1.70B 1.63B 1.52B 1.42B 1.22B 1.05B 1B 989M 953M
Weighted Average Basic & Diluted Shares Outstanding		 1.81B 1.73B 1.68B 1.61B 1.45B 1.29B 1.08B 982.15M 990.90M 937.80M 917.98M
Cash Dividends to Common per Share		 $0.67 $0.50 $0.53 $0.56 $0.64 $0.70 $0.78 $1.00 $1.05 $1.10 $1.16

Quarterly Income Statements for HP

This table shows HP's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 10/31/2023 1/31/2024 4/30/2024 7/31/2024 10/31/2024 1/31/2025 4/30/2025 7/31/2025 10/31/2025 1/31/2026 4/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 974 622 607 640 906 565 406 763 795 545 450
Consolidated Net Income / (Loss)		 974 622 607 640 906 565 406 763 795 545 450
Net Income / (Loss) Continuing Operations		 974 622 607 640 906 565 406 763 795 545 450
Total Pre-Tax Income 		852 793 797 827 862 704 506 624 834 671 493
Total Operating Income		 1,014 935 952 940 991 845 654 716 959 759 612
Total Gross Profit		 2,985 2,888 3,023 2,906 3,001 2,840 2,739 2,851 2,962 2,835 3,016
Total Revenue		 13,817 13,185 12,800 13,519 14,055 13,504 13,220 13,932 14,639 14,438 14,408
Operating Revenue		 13,817 13,185 12,800 13,519 14,055 13,504 13,220 13,932 14,639 14,438 14,408
Total Cost of Revenue		 10,832 10,297 9,777 10,613 11,054 10,664 10,481 11,081 11,677 11,603 11,392
Operating Cost of Revenue		 10,832 10,297 9,777 10,613 11,054 10,664 10,481 11,081 11,677 11,603 11,392
Total Operating Expenses		 1,971 1,953 2,071 1,966 2,010 1,995 2,085 2,135 2,003 2,076 2,404
Selling, General & Admin Expense		 1,327 1,383 1,462 1,404 1,409 1,459 1,480 1,452 1,430 1,504 1,514
Research & Development Expense		 411 399 436 413 392 397 401 406 398 392 432
Amortization Expense		 88 81 80 81 76 63 65 159 58 56 89
Restructuring Charge		 145 90 93 68 133 76 139 118 117 124 369
Total Other Income / (Expense), net		 -162 -142 -155 -113 -129 -141 -148 -92 -125 -88 -119
Other Income / (Expense), net		 -162 -142 -155 -113 -129 -141 -148 -92 -125 -88 -119
Income Tax Expense		 -122 171 190 187 -44 139 100 -139 39 126 43
Basic Earnings per Share		 $0.99 $0.63 $0.62 $0.65 $0.93 $0.60 $0.43 $0.81 $0.83 $0.59 $0.49
Weighted Average Basic Shares Outstanding		 992M 995M 984M 979M 979M 948M 950M 947M 946M 926M 922M
Diluted Earnings per Share		 $0.97 $0.62 $0.61 $0.65 $0.93 $0.59 $0.42 $0.80 $0.84 $0.58 $0.49
Weighted Average Diluted Shares Outstanding		 1B 1.00B 990M 990M 989M 957M 956M 954M 953M 932M 925M
Weighted Average Basic & Diluted Shares Outstanding		 990.90M 980.73M 978.56M 963.72M 937.80M 942.70M 939.27M 934.70M 917.98M 914.55M 914.52M

Annual Cash Flow Statements for HP

This table details how cash moves in and out of HP's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 10/31/2015 10/31/2016 10/31/2017 10/31/2018 10/31/2019 10/31/2020 10/31/2021 10/31/2022 10/31/2023 10/31/2024 10/31/2025
Net Change in Cash & Equivalents		 2,300 -11,145 709 -1,831 -629 327 -565 -1,154 87 21 460
Net Cash From Operating Activities		 7,026 3,252 3,677 4,528 4,654 4,316 6,409 4,463 3,571 3,749 3,697
Net Cash From Continuing Operating Activities		 7,026 3,252 3,677 4,528 4,654 4,316 6,409 4,463 3,571 3,749 3,697
Net Income / (Loss) Continuing Operations		 4,554 2,496 2,526 5,327 3,152 2,815 6,541 3,132 3,263 2,775 2,529
Consolidated Net Income / (Loss)		 4,554 2,496 2,526 5,327 3,152 2,815 6,541 3,132 3,263 2,775 2,529
Depreciation Expense		 4,061 332 354 528 744 789 785 780 850 830 916
Non-Cash Adjustments To Reconcile Net Income		 3,152 350 720 719 826 1,137 873 881 845 550 912
Changes in Operating Assets and Liabilities, net		 -4,741 74 77 -2,046 -68 -425 -1,790 -330 -1,387 -406 -660
Net Cash From Investing Activities		 -5,534 48 -1,717 -716 -438 -1,016 -1,012 -3,549 -590 -646 -1,177
Net Cash From Continuing Investing Activities		 -5,534 48 -1,717 -716 -438 -1,016 -1,012 -3,549 -590 -646 -1,177
Purchase of Property, Plant & Equipment		 -3,603 -433 -402 -546 -671 -580 -582 -765 -593 -592 -897
Acquisitions		 -2,644 -7.00 0.00 -1,036 -458 0.00 -854 -2,755 -7.00 -58 -116
Purchase of Investments		 -259 -126 -1,400 -367 -80 -693 -28 -52 -11 -4.00 -40
Divestitures		 246 475 - - - - - - 0.00 0.00 66
Sale and/or Maturity of Investments		 302 133 231 847 771 417 304 9.00 21 8.00 74
Other Investing Activities, net		 - 0.00 -215 214 0.00 -163 148 14 0.00 0.00 -264
Net Cash From Financing Activities		 808 -14,445 -1,251 -5,643 -4,845 -2,973 -5,962 -2,068 -2,894 -3,082 -2,060
Net Cash From Continuing Financing Activities		 808 -14,445 -1,251 -5,643 -4,845 -2,973 -5,962 -2,068 -2,894 -3,082 -2,060
Repayment of Debt		 -15,867 -2,091 -87 -2,951 -1,536 -1,849 -845 -1,093 -1,710 -213 -1,387
Repurchase of Common Equity		 -2,883 -1,161 -1,412 -2,557 -2,405 -3,107 -6,249 -4,297 -100 -2,100 -850
Payment of Dividends		 -1,250 -858 -894 -899 -970 -997 -938 -1,037 -1,037 -1,075 -1,088
Issuance of Debt		 20,832 4.00 1,094 712 127 3,108 2,121 4,175 255 380 1,385
Other Financing Activities, net		 -24 -10,339 48 52 -61 -128 -51 184 -302 -74 -120
Cash Interest Paid		 532 318 322 329 240 227 261 305 548 441 437
Cash Income Taxes Paid		 1,012 587 438 951 89 464 1,548 749 398 649 535

Quarterly Cash Flow Statements for HP

This table details how cash moves in and out of HP's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 10/31/2023 1/31/2024 4/30/2024 7/31/2024 10/31/2024 1/31/2025 4/30/2025 7/31/2025 10/31/2025 1/31/2026 4/30/2026
Net Change in Cash & Equivalents		 1,514 -815 100 361 375 -359 -164 144 839 -559 549
Net Cash From Operating Activities		 1,975 121 581 1,424 1,623 374 38 1,661 1,624 383 926
Net Cash From Continuing Operating Activities		 1,975 121 581 1,424 1,623 374 38 1,661 1,624 383 926
Net Income / (Loss) Continuing Operations		 974 622 607 640 906 565 406 763 795 545 450
Consolidated Net Income / (Loss)		 974 622 607 640 906 565 406 763 795 545 450
Depreciation Expense		 212 205 209 208 208 197 205 306 208 214 264
Non-Cash Adjustments To Reconcile Net Income		 219 158 153 89 150 299 249 218 146 314 444
Changes in Operating Assets and Liabilities, net		 570 -864 -388 487 359 -687 -822 374 475 -690 -232
Net Cash From Investing Activities		 -20 -228 -49 -237 -132 -300 -833 20 -64 -269 -14
Net Cash From Continuing Investing Activities		 -20 -228 -49 -237 -132 -300 -833 20 -64 -269 -14
Purchase of Property, Plant & Equipment		 -134 -158 -119 -162 -153 -302 -183 -215 -197 -233 -170
Purchase of Investments		 -5.00 0.00 - - -4.00 -3.00 -3.00 -17 -17 -5.00 -14
Sale and/or Maturity of Investments		 3.00 0.00 - - 8.00 5.00 9.00 55 5.00 19 6.00
Other Investing Activities, net		 118 -70 70 -60 60 0.00 -540 197 79 -76 174
Net Cash From Financing Activities		 -441 -708 -432 -826 -1,116 -433 631 -1,537 -721 -673 -363
Net Cash From Continuing Financing Activities		 -441 -708 -432 -826 -1,116 -433 631 -1,537 -721 -673 -363
Repayment of Debt		 -246 51 -153 -51 -60 -50 -52 -1,210 -75 -87 -81
Repurchase of Common Equity		 - -500 -100 -600 -900 -100 -100 -150 -500 -325 -100
Payment of Dividends		 -260 -275 -269 -268 -263 -273 -273 -272 -270 -277 -274
Issuance of Debt		 78 92 94 80 114 82 1,076 90 137 89 102
Other Financing Activities, net		 -13 -76 -4.00 13 -7.00 -92 -20 5.00 -13 -73 -10

Annual Balance Sheets for HP

This table presents HP's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 10/31/2015 10/31/2016 10/31/2017 10/31/2018 10/31/2019 10/31/2020 10/31/2021 10/31/2022 10/31/2023 10/31/2024 10/31/2025
Total Assets		 106,882 28,987 32,913 34,622 33,467 34,681 38,605 38,494 37,004 39,909 41,769
Total Current Assets		 51,787 18,468 22,318 21,387 20,177 20,648 22,168 19,736 17,977 20,760 22,453
Cash & Equivalents		 - 6,288 - 5,166 4,537 4,864 4,299 3,145 3,232 3,253 3,705
Accounts Receivable		 4,825 4,114 4,414 5,113 6,031 5,381 5,536 4,546 4,237 5,117 5,692
Inventories, net		 4,288 4,484 5,786 6,062 5,734 5,963 7,930 7,614 6,862 7,720 8,512
Other Current Assets		 4,498 3,582 5,121 5,046 3,875 4,440 4,403 4,431 3,646 4,670 4,544
Plant, Property, & Equipment, net		 1,492 1,736 1,878 2,198 2,794 2,627 2,546 2,774 2,827 2,914 3,049
Total Noncurrent Assets		 7,272 8,783 8,717 11,037 10,496 11,406 13,891 15,984 16,200 16,235 16,267
Goodwill		 5,680 5,622 5,622 5,968 6,372 6,380 6,803 8,541 8,591 8,627 8,706
Other Noncurrent Operating Assets		 1,592 3,161 3,095 5,069 4,124 5,026 7,088 7,443 7,609 7,608 7,561
Total Liabilities & Shareholders' Equity		 106,882 28,987 32,913 34,622 33,467 34,681 38,605 38,494 37,004 39,909 41,769
Total Liabilities		 26,286 32,876 28,680 35,261 34,660 36,909 40,249 41,519 38,073 41,232 42,115
Total Current Liabilities		 42,191 18,808 22,412 25,131 25,293 26,220 29,061 26,189 24,488 28,687 29,258
Short-Term Debt		 2,194 78 1,072 1,463 357 674 1,106 218 230 1,406 845
Accounts Payable		 10,194 11,103 13,279 14,816 14,793 14,704 16,075 15,303 14,046 16,903 18,051
Other Current Liabilities		 6,241 5,718 6,953 8,852 10,143 10,842 11,880 10,668 10,212 10,378 10,362
Total Noncurrent Liabilities		 7,414 14,068 7,162 10,130 9,367 10,689 11,188 15,330 13,585 12,545 12,857
Long-Term Debt		 - 6,735 - 4,524 4,780 5,543 6,386 10,796 9,254 8,263 8,821
Other Noncurrent Operating Liabilities		 7,414 7,333 7,162 5,606 4,587 5,146 4,802 4,534 4,331 4,282 4,036
Total Equity & Noncontrolling Interests		 27,768 -3,889 -3,408 -639 -1,193 -2,228 -1,644 -3,025 -1,069 -1,323 -346
Total Preferred & Common Equity		 27,768 -3,889 -3,408 -639 -1,193 -2,228 -1,644 -3,025 -1,069 -1,323 -346
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 27,768 -3,889 -3,408 -639 -1,193 -2,228 -1,644 -3,025 -1,069 -1,323 -346
Common Stock		 1,981 1,047 396 679 850 976 1,071 1,182 1,515 1,787 2,138
Retained Earnings		 32,089 -3,498 -2,386 -473 -818 -1,961 -2,470 -4,492 -2,361 -2,676 -2,027
Accumulated Other Comprehensive Income / (Loss)		 -6,302 -1,438 -1,418 -845 -1,225 -1,243 -245 285 -223 -434 -457

Quarterly Balance Sheets for HP

This table presents HP's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026
Period end date 7/31/2023 10/31/2023 1/31/2024 4/30/2024 7/31/2024 10/31/2024 1/31/2025 4/30/2025 7/31/2025 1/31/2026 4/30/2026
Total Assets		 36,632 37,004 35,846 37,433 38,059 39,909 38,930 38,799 39,854 41,535 42,936
Total Current Assets		 17,463 17,977 16,858 18,593 19,315 20,760 19,834 19,458 20,574 22,226 23,984
Cash & Equivalents		 1,718 3,232 2,417 2,517 2,878 3,253 2,894 2,730 2,874 3,154 3,703
Accounts Receivable		 4,367 4,237 3,804 4,319 4,659 5,117 4,188 4,336 5,123 5,332 6,125
Inventories, net		 7,197 6,862 6,928 7,512 7,790 7,720 8,443 8,175 8,356 8,737 9,203
Other Current Assets		 4,181 3,646 3,709 4,245 3,988 4,670 4,309 4,217 4,221 5,003 4,953
Plant, Property, & Equipment, net		 2,783 2,827 2,807 2,794 2,831 2,914 2,900 2,951 2,993 3,053 3,079
Total Noncurrent Assets		 16,386 16,200 16,181 16,046 15,913 16,235 16,196 16,390 16,287 16,256 15,873
Goodwill		 8,614 8,591 8,610 8,590 8,606 8,627 8,599 8,713 8,714 8,724 8,730
Other Noncurrent Operating Assets		 7,772 7,609 7,571 7,456 7,307 7,608 7,597 7,677 7,573 7,532 7,143
Total Liabilities & Shareholders' Equity		 36,632 37,004 35,846 37,433 38,059 39,909 38,930 38,799 39,854 41,535 42,936
Total Liabilities		 38,877 38,073 37,486 38,349 39,451 41,232 40,002 40,075 40,755 42,301 43,080
Total Current Liabilities		 25,190 24,488 23,857 24,839 27,043 28,687 27,434 26,556 27,864 29,290 30,206
Short-Term Debt		 443 230 359 265 1,396 1,406 1,418 1,446 820 861 810
Accounts Payable		 14,123 14,046 13,255 14,362 15,447 16,903 16,483 15,195 16,985 18,220 19,173
Other Current Liabilities		 10,624 10,212 10,243 10,212 10,200 10,378 9,533 9,915 10,059 10,209 10,223
Total Noncurrent Liabilities		 13,687 13,585 13,629 13,510 12,408 12,545 12,568 13,519 12,891 13,011 12,874
Long-Term Debt		 9,236 9,254 9,301 9,327 8,229 8,263 8,273 9,291 8,782 8,838 8,856
Other Noncurrent Operating Liabilities		 4,451 4,331 4,328 4,183 4,179 4,282 4,295 4,228 4,109 4,173 4,018
Total Equity & Noncontrolling Interests		 -2,245 -1,069 -1,640 -916 -1,392 -1,323 -1,072 -1,276 -901 -766 -144
Total Preferred & Common Equity		 -2,245 -1,069 -1,640 -916 -1,392 -1,323 -1,072 -1,276 -901 -766 -144
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 -2,245 -1,069 -1,640 -916 -1,392 -1,323 -1,072 -1,276 -901 -766 -144
Common Stock		 1,445 1,515 1,589 1,673 1,752 1,787 1,883 2,008 2,100 2,216 2,317
Retained Earnings		 -3,336 -2,361 -2,771 -2,257 -2,729 -2,676 -2,751 -2,441 -2,360 -2,328 -1,960
Accumulated Other Comprehensive Income / (Loss)		 -354 -223 -458 -332 -415 -434 -204 -843 -641 -654 -501

Annual Metrics And Ratios for HP

This table displays calculated financial ratios and metrics derived from HP's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 10/31/2015 10/31/2016 10/31/2017 10/31/2018 10/31/2019 10/31/2020 10/31/2021 10/31/2022 10/31/2023 10/31/2024 10/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -9.16% -6.27% 7.91% 12.33% 0.49% -3.60% 12.04% -0.87% -14.61% -0.30% 3.24%
EBITDA Growth		 -7.37% -46.10% -11.31% -2.45% -7.74% 22.44% 108.83% -38.90% -25.80% 8.50% -12.78%
EBIT Growth		 -8.57% 6.48% -12.90% -8.03% -16.26% 27.27% 135.69% -42.86% -32.08% 11.64% -18.63%
NOPAT Growth		 28.09% -39.03% 3.23% 160.82% -28.49% -37.70% 53.50% -28.71% 16.27% -15.85% -6.89%
Net Income Growth		 -9.16% -45.19% 1.20% 110.89% -40.83% -10.69% 132.36% -52.12% 4.18% -14.96% -8.86%
EPS Growth		 -9.16% -42.34% 3.50% 120.27% -36.50% -4.35% 170.71% -44.40% 9.40% -13.80% -5.69%
Operating Cash Flow Growth		 -43.03% -53.71% 13.07% 23.14% 2.78% -7.26% 48.49% -30.36% -19.99% 4.98% -1.39%
Free Cash Flow Firm Growth		 378.05% -90.44% -77.78% 429.68% 14.68% -41.27% -33.09% -99.67% 48,402.40% -5.13% -25.13%
Invested Capital Growth		 -104.56% -95.92% 49.70% 110.76% -425.82% -47.55% 277.03% 212.72% 7.00% -1.74% 10.25%
Revenue Q/Q Growth		 93.05% 41.32% 2.79% 2.52% 0.07% -0.26% 2.24% -2.89% -1.75% 0.45% 1.07%
EBITDA Q/Q Growth		 25.92% -13.03% -4.07% 6.24% -12.11% 6.81% 52.01% -36.66% 5.81% 0.15% -0.78%
EBIT Q/Q Growth		 85.80% 9.01% -4.71% 5.57% -16.95% 8.96% 60.54% -40.66% 7.50% 0.31% -1.04%
NOPAT Q/Q Growth		 158.56% -35.77% 14.00% 19.17% -11.10% 1.59% 7.24% -25.20% 45.44% -3.27% -4.17%
Net Income Q/Q Growth		 -0.15% -24.98% 7.12% 17.44% -25.22% 9.79% 61.79% -67.08% 440.96% -2.39% -4.20%
EPS Q/Q Growth		 -0.15% 123.25% 5.71% 15.19% -23.90% 11.24% 67.50% -46.69% 41.13% -1.40% -3.28%
Operating Cash Flow Q/Q Growth		 6.75% -42.72% -1.08% 6.79% -7.55% 42.44% 17.92% -17.46% 2.03% -8.58% 0.03%
Free Cash Flow Firm Q/Q Growth		 4,189.84% -90.90% -18.86% -24.18% -0.77% 38.27% -47.18% -99.15% 1,497.92% -10.27% -6.78%
Invested Capital Q/Q Growth		 -104.22% -195.61% 0.00% 123.39% 40.22% -114.46% 675.84% 47.01% -9.32% -4.89% -3.64%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 19.31% 18.65% 18.40% 18.25% 19.01% 18.40% 21.13% 19.49% 21.42% 22.07% 20.60%
EBITDA Margin		 14.75% 8.49% 6.97% 6.06% 5.56% 7.06% 13.16% 8.11% 7.05% 7.67% 6.48%
Operating Margin		 7.62% 7.36% 6.47% 6.55% 6.60% 6.08% 8.44% 7.25% 6.43% 7.13% 5.74%
EBIT Margin		 6.86% 7.80% 6.29% 5.15% 4.29% 5.67% 11.93% 6.87% 5.47% 6.12% 4.83%
Profit (Net Income) Margin		 8.85% 5.17% 4.85% 9.11% 5.36% 4.97% 10.31% 4.98% 6.07% 5.18% 4.57%
Tax Burden Percent		 128.94% 66.37% 77.11% 176.80% 124.93% 87.67% 86.43% 72.43% 111.10% 84.63% 94.79%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 -5.27% 29.11% 22.89% -76.80% -24.93% 12.33% 13.57% 27.57% -11.10% 15.37% 5.21%
Return on Invested Capital (ROIC)		 22.94% 0.00% 0.00% 0.00% 0.00% 0.00% 1,374.41% 103.31% 76.59% 62.89% 56.19%
ROIC Less NNEP Spread (ROIC-NNEP)		 18.32% 0.00% 0.00% 0.00% 0.00% 0.00% 1,458.41% 100.23% 68.42% 55.69% 48.44%
Return on Net Nonoperating Assets (RNNOA)		 -6.23% 0.00% 0.00% 0.00% 0.00% 0.00% -1,712.27% -237.47% -235.99% -294.91% -359.25%
Return on Equity (ROE)		 16.71% 20.91% -69.23% -263.26% -344.10% -164.57% -337.86% -134.16% -159.40% -232.02% -303.06%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% 2,691.88% 0.00% 0.00% 142.53% 0.23% 69.82% 64.64% 46.44%
Operating Return on Assets (OROA)		 3.36% 5.54% 10.58% 8.92% 7.41% 9.42% 20.65% 11.22% 7.78% 8.53% 6.53%
Return on Assets (ROA)		 4.34% 3.67% 8.16% 15.78% 9.26% 8.26% 17.85% 8.12% 8.64% 7.22% 6.19%
Return on Common Equity (ROCE)		 16.71% 20.91% -69.23% -263.26% -344.10% -164.57% -337.86% -134.16% -159.40% -232.02% -303.06%
Return on Equity Simple (ROE_SIMPLE)		 16.40% -64.18% -74.12% -833.65% -264.21% -126.35% -397.87% -103.54% -305.24% -209.75% 0.00%
Net Operating Profit after Tax (NOPAT)		 4,126 2,516 2,597 6,773 4,844 3,018 4,632 3,302 3,840 3,231 3,009
NOPAT Margin		 8.02% 5.22% 4.99% 11.58% 8.24% 5.33% 7.30% 5.25% 7.15% 6.03% 5.44%
Net Nonoperating Expense Percent (NNEP)		 4.62% -0.14% 6.33% 114.01% 238.08% 20.74% -84.00% 3.08% 8.17% 7.20% 7.75%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 41.33% 45.63% 38.72% 32.28%
Cost of Revenue to Revenue		 80.69% 81.35% 81.60% 81.75% 80.99% 81.60% 78.87% 80.51% 78.58% 77.93% 79.40%
SG&A Expenses to Revenue		 9.17% 7.95% 8.71% 8.72% 9.14% 8.65% 9.02% 8.37% 9.97% 10.56% 10.53%
R&D to Revenue		 2.31% 2.51% 2.29% 2.40% 2.55% 2.61% 2.91% 2.63% 2.94% 3.06% 2.90%
Operating Expenses to Revenue		 11.70% 11.30% 11.93% 11.69% 12.41% 12.32% 12.68% 12.25% 14.99% 14.94% 14.86%
Earnings before Interest and Taxes (EBIT)		 3,532 3,761 3,276 3,013 2,523 3,211 7,568 4,324 2,937 3,279 2,668
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 7,593 4,093 3,630 3,541 3,267 4,000 8,353 5,104 3,787 4,109 3,584
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.32 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 1.66 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 0.71 0.40 0.56 0.54 0.38 0.39 0.50 0.41 0.46 0.63 0.47
Price to Earnings (P/E)		 8.04 7.80 11.63 5.95 6.99 7.79 4.88 8.20 7.64 12.23 10.23
Dividend Yield		 3.30% 4.36% 3.04% 2.78% 4.31% 4.42% 2.80% 3.92% 4.16% 3.13% 4.18%
Earnings Yield		 12.44% 12.82% 8.60% 16.82% 14.30% 12.84% 20.49% 12.19% 13.08% 8.17% 9.78%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 178.57 0.00 0.00 22.67 6.93 6.02 7.93 5.67
Enterprise Value to Revenue (EV/Rev)		 0.75 0.41 0.58 0.56 0.39 0.41 0.55 0.53 0.58 0.75 0.58
Enterprise Value to EBITDA (EV/EBITDA)		 5.11 4.89 8.39 9.18 6.93 5.82 4.20 6.58 8.24 9.82 8.88
Enterprise Value to EBIT (EV/EBIT)		 10.99 5.32 9.29 10.79 8.97 7.25 4.64 7.76 10.62 12.31 11.93
Enterprise Value to NOPAT (EV/NOPAT)		 9.40 7.95 11.72 4.80 4.68 7.71 7.58 10.16 8.12 12.49 10.58
Enterprise Value to Operating Cash Flow (EV/OCF)		 5.52 6.15 8.28 7.18 4.87 5.39 5.48 7.52 8.74 10.77 8.61
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.89 4.80 32.92 6.63 4.03 7.05 15.91 4,650.35 8.91 12.15 12.80
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.08 -1.75 -0.31 -9.37 -4.31 -2.79 -4.56 -3.64 -8.87 -7.31 -27.94
Long-Term Debt to Equity		 0.00 -1.73 0.00 -7.08 -4.01 -2.49 -3.88 -3.57 -8.66 -6.25 -25.49
Financial Leverage		 -0.34 -1.21 -0.31 -0.63 -0.78 -0.57 -1.17 -2.37 -3.45 -5.30 -7.42
Leverage Ratio		 3.85 5.69 -8.48 -16.69 -37.17 -19.92 -18.93 -16.51 -18.44 -32.15 -48.94
Compound Leverage Factor		 3.85 5.69 -8.48 -16.69 -37.17 -19.92 -18.93 -16.51 -18.44 -32.15 -48.94
Debt to Total Capital		 7.32% 233.00% -45.89% 111.95% 130.25% 155.85% 128.11% 137.86% 112.70% 115.85% 103.71%
Short-Term Debt to Total Capital		 7.32% 2.67% -45.89% 27.36% 9.05% 16.90% 18.91% 2.73% 2.73% 16.85% 9.07%
Long-Term Debt to Total Capital		 0.00% 230.34% 0.00% 84.59% 121.20% 138.96% 109.20% 135.14% 109.97% 99.01% 94.65%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 92.68% -133.00% 145.89% -11.95% -30.25% -55.85% -28.11% -37.86% -12.70% -15.85% -3.71%
Debt to EBITDA		 0.29 1.66 0.30 1.69 1.57 1.55 0.90 2.16 2.50 2.35 2.70
Net Debt to EBITDA		 0.29 0.13 0.30 0.23 0.18 0.34 0.38 1.54 1.65 1.56 1.66
Long-Term Debt to EBITDA		 0.00 1.65 0.00 1.28 1.46 1.39 0.76 2.12 2.44 2.01 2.46
Debt to NOPAT		 0.53 2.71 0.41 0.88 1.06 2.06 1.62 3.34 2.47 2.99 3.21
Net Debt to NOPAT		 0.53 0.21 0.41 0.12 0.12 0.45 0.69 2.38 1.63 1.99 1.98
Long-Term Debt to NOPAT		 0.00 2.68 0.00 0.67 0.99 1.84 1.38 3.27 2.41 2.56 2.93
Altman Z-Score		 1.95 2.26 2.42 2.37 2.17 2.02 2.46 2.01 1.81 1.77 1.64
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.23 0.98 1.00 0.85 0.80 0.79 0.76 0.75 0.73 0.72 0.77
Quick Ratio		 0.11 0.55 0.20 0.41 0.42 0.39 0.34 0.29 0.31 0.29 0.32
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 43,538 4,163 925 4,899 5,619 3,300 2,208 7.22 3,501 3,321 2,487
Operating Cash Flow to CapEx		 221.01% 761.59% 1,104.20% 1,210.70% 693.59% 748.01% 1,101.20% 583.40% 602.19% 633.28% 412.15%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.49 0.71 1.68 1.73 1.73 1.66 1.73 1.63 1.42 1.39 1.35
Accounts Receivable Turnover		 5.52 10.79 12.21 12.28 10.54 9.93 11.63 12.48 12.23 11.45 10.23
Inventory Turnover		 7.76 8.95 8.27 8.07 8.07 7.90 7.21 6.52 5.83 5.73 5.41
Fixed Asset Turnover		 8.02 29.89 28.81 28.69 23.54 20.90 24.54 23.65 19.18 18.66 18.55
Accounts Payable Turnover		 3.18 3.69 3.48 3.40 3.21 3.13 3.25 3.23 2.88 2.70 2.51
Days Sales Outstanding (DSO)		 66.16 33.82 29.90 29.74 34.61 36.77 31.40 29.25 29.84 31.87 35.67
Days Inventory Outstanding (DIO)		 47.04 40.80 44.12 45.23 45.24 46.19 50.66 56.01 62.59 63.76 67.47
Days Payable Outstanding (DPO)		 114.70 99.05 104.75 107.26 113.56 116.48 112.22 113.07 126.89 135.32 145.30
Cash Conversion Cycle (CCC)		 -1.50 -24.43 -30.73 -32.29 -33.70 -33.52 -30.17 -27.81 -34.47 -39.69 -42.15
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 -1,717 -3,364 -1,692 182 -593 -875 1,549 4,844 5,183 5,093 5,615
Invested Capital Turnover		 2.86 -18.99 -20.59 -77.45 -285.92 -77.16 188.31 19.68 10.71 10.42 10.33
Increase / (Decrease) in Invested Capital		 -39,412 -1,647 1,672 1,874 -775 -282 2,424 3,295 339 -90 522
Enterprise Value (EV)		 38,800 19,995 30,444 32,499 22,644 23,273 35,122 33,563 31,196 40,364 31,824
Market Capitalization		 36,606 19,470 29,372 31,678 22,044 21,920 31,929 25,694 24,944 33,948 25,863
Book Value per Share		 $15.44 ($2.27) ($2.02) ($0.40) ($0.81) ($1.62) ($1.43) ($3.01) ($1.08) ($1.37) ($0.37)
Tangible Book Value per Share		 $12.28 ($5.56) ($5.35) ($4.18) ($5.10) ($6.27) ($7.33) ($11.50) ($9.77) ($10.32) ($9.68)
Total Capital		 29,962 2,924 -2,336 5,348 3,944 3,989 5,848 7,989 8,415 8,346 9,320
Total Debt		 2,194 6,813 1,072 5,987 5,137 6,217 7,492 11,014 9,484 9,669 9,666
Total Long-Term Debt		 0.00 6,735 0.00 4,524 4,780 5,543 6,386 10,796 9,254 8,263 8,821
Net Debt		 2,194 525 1,072 821 600 1,353 3,193 7,869 6,252 6,416 5,961
Capital Expenditures (CapEx)		 3,179 427 333 374 671 577 582 765 593 592 897
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 11,790 -6,550 978 -7,447 -9,296 -9,762 -10,086 -9,380 -9,513 -9,774 -9,665
Debt-free Net Working Capital (DFNWC)		 11,790 -262 978 -2,281 -4,759 -4,898 -5,787 -6,235 -6,281 -6,521 -5,960
Net Working Capital (NWC)		 9,596 -340 -94 -3,744 -5,116 -5,572 -6,893 -6,453 -6,511 -7,927 -6,805
Net Nonoperating Expense (NNE)		 -428 20 71 1,446 1,692 203 -1,909 170 577 456 480
Net Nonoperating Obligations (NNO)		 -29,485 525 1,716 821 600 1,353 3,193 7,869 6,252 6,416 5,961
Total Depreciation and Amortization (D&A)		 4,061 332 354 528 744 789 785 780 850 830 916
Debt-free, Cash-free Net Working Capital to Revenue		 22.91% -13.58% 1.88% -12.74% -15.82% -17.24% -15.89% -14.91% -17.71% -18.25% -17.48%
Debt-free Net Working Capital to Revenue		 22.91% -0.54% 1.88% -3.90% -8.10% -8.65% -9.12% -9.91% -11.69% -12.18% -10.78%
Net Working Capital to Revenue		 18.65% -0.70% -0.18% -6.40% -8.71% -9.84% -10.86% -10.26% -12.12% -14.80% -12.31%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $2.51 $1.44 $1.50 $3.30 $2.08 $2.01 $5.38 $0.00 $3.29 $2.83 $2.67
Adjusted Weighted Average Basic Shares Outstanding		 1.81B 1.73B 1.69B 1.62B 1.52B 1.41B 1.21B 0.00 992M 979M 946M
Adjusted Diluted Earnings per Share		 $2.48 $1.43 $1.48 $3.26 $2.07 $2.00 $5.33 $0.00 $3.26 $2.81 $2.65
Adjusted Weighted Average Diluted Shares Outstanding		 1.84B 1.74B 1.70B 1.63B 1.52B 1.42B 1.22B 0.00 1B 989M 953M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $2.08 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 1.79B 1.71B 165.23M 1.55B 1.45B 1.29B 1.08B 0.00 990.90M 937.80M 917.98M
Normalized Net Operating Profit after Tax (NOPAT)		 2,749 2,793 2,972 2,860 2,931 3,445 4,907 3,707 2,956 3,556 3,435
Normalized NOPAT Margin		 5.34% 5.79% 5.71% 4.89% 4.99% 6.08% 7.73% 5.89% 5.50% 6.64% 6.21%
Pre Tax Income Margin		 6.86% 7.80% 6.29% 5.15% 4.29% 5.67% 11.93% 6.87% 5.47% 6.12% 4.83%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 27.45% 34.38% 35.39% 16.88% 30.77% 35.42% 14.34% 33.11% 31.78% 38.74% 43.02%
Augmented Payout Ratio		 90.76% 80.89% 91.29% 64.88% 107.07% 145.79% 109.88% 170.31% 34.85% 114.41% 76.63%

Quarterly Metrics And Ratios for HP

This table displays calculated financial ratios and metrics derived from HP's official financial filings.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 10/31/2023 1/31/2024 4/30/2024 7/31/2024 10/31/2024 1/31/2025 4/30/2025 7/31/2025 10/31/2025 1/31/2026 4/30/2026
DEI Shares Outstanding		 - - - - - - - - - - 914,550,199.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 914,550,199.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 0.49
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -6.48% -4.44% -0.83% 2.45% 1.72% 2.42% 3.28% 3.06% 4.16% 6.92% 8.99%
EBITDA Growth		 24.30% 29.44% 25.91% -10.23% 0.56% -9.72% -29.32% -10.14% -2.62% -1.78% 6.47%
EBIT Growth		 31.68% 41.10% 35.78% -11.65% 1.17% -11.22% -36.51% -24.55% -3.25% -4.69% -2.57%
NOPAT Growth		 4,500.64% 18.28% -45.94% -6.63% -10.15% -7.53% -27.63% 20.35% -12.23% -9.10% 6.45%
Net Income Growth		 130.01% 32.62% -42.41% -16.45% -6.98% -9.16% -33.11% 19.22% -12.25% -3.54% 10.84%
EPS Growth		 4,750.00% 31.91% -42.45% -14.47% -4.12% -4.84% -31.15% 23.08% -9.68% -1.69% 16.67%
Operating Cash Flow Growth		 3.73% 856.25% -8.65% 45.90% -17.82% 209.09% -93.46% 16.64% 0.06% 2.41% 2,336.84%
Free Cash Flow Firm Growth		 124.69% 111.81% 133.55% 166.29% 37.97% 42.47% -106.37% -62.93% -65.34% 1.14% 3,212.49%
Invested Capital Growth		 7.00% 6.52% -0.28% -6.32% -1.74% 2.18% 9.29% 8.81% 10.25% 0.94% -13.55%
Revenue Q/Q Growth		 4.71% -4.57% -2.92% 5.62% 3.96% -3.92% -2.10% 5.39% 5.07% -1.37% -0.21%
EBITDA Q/Q Growth		 -7.72% -6.20% 0.80% 2.88% 3.38% -15.79% -21.09% 30.80% 12.04% -15.07% -14.46%
EBIT Q/Q Growth		 -8.97% -6.92% 0.50% 3.76% 4.23% -18.33% -28.13% 23.32% 33.65% -19.54% -26.53%
NOPAT Q/Q Growth		 48.79% -36.73% -1.14% 0.33% 43.18% -34.89% -22.62% 66.84% 4.42% -32.56% -9.38%
Net Income Q/Q Growth		 27.15% -36.14% -2.41% 5.44% 41.56% -37.64% -28.14% 87.93% 4.19% -31.45% -17.43%
EPS Q/Q Growth		 27.63% -36.08% -1.61% 6.56% 43.08% -36.56% -28.81% 90.48% 5.00% -30.95% -15.52%
Operating Cash Flow Q/Q Growth		 102.36% -93.87% 380.17% 145.09% 13.97% -76.96% -89.84% 4,271.05% -2.23% -76.42% 141.78%
Free Cash Flow Firm Q/Q Growth		 149.95% -52.40% 90.08% 46.68% 3.96% -50.85% -108.50% 953.97% -2.81% 43.43% 161.46%
Invested Capital Q/Q Growth		 -9.32% 8.10% 9.92% -13.05% -4.89% 12.41% 17.57% -13.43% -3.64% 2.92% 0.69%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 21.60% 21.90% 23.62% 21.50% 21.35% 21.03% 20.72% 20.46% 20.23% 19.64% 20.93%
EBITDA Margin		 7.70% 7.57% 7.86% 7.66% 7.61% 6.67% 5.38% 6.68% 7.12% 6.13% 5.25%
Operating Margin		 7.34% 7.09% 7.44% 6.95% 7.05% 6.26% 4.95% 5.14% 6.55% 5.26% 4.25%
EBIT Margin		 6.17% 6.01% 6.23% 6.12% 6.13% 5.21% 3.83% 4.48% 5.70% 4.65% 3.42%
Profit (Net Income) Margin		 7.05% 4.72% 4.74% 4.73% 6.45% 4.18% 3.07% 5.48% 5.43% 3.77% 3.12%
Tax Burden Percent		 114.32% 78.44% 76.16% 77.39% 105.10% 80.26% 80.24% 122.28% 95.32% 81.22% 91.28%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 -14.32% 21.56% 23.84% 22.61% -5.10% 19.74% 19.76% -22.28% 4.68% 18.78% 8.72%
Return on Invested Capital (ROIC)		 89.89% 54.38% 48.68% 51.83% 77.25% 47.77% 33.44% 61.49% 64.49% 41.74% 35.48%
ROIC Less NNEP Spread (ROIC-NNEP)		 87.27% 53.01% 47.17% 50.64% 75.11% 46.16% 31.87% 59.82% 62.57% 40.67% 33.92%
Return on Net Nonoperating Assets (RNNOA)		 -301.01% -160.25% -218.32% -204.80% -397.78% -238.96% -219.26% -351.56% -463.99% -295.21% -333.72%
Return on Equity (ROE)		 -211.12% -105.86% -169.65% -152.97% -320.53% -191.19% -185.82% -290.06% -399.50% -253.47% -298.24%
Cash Return on Invested Capital (CROIC)		 69.82% 66.11% 55.18% 66.87% 64.64% 53.93% 37.33% 47.71% 46.44% 50.18% 61.80%
Operating Return on Assets (OROA)		 8.77% 8.87% 8.94% 8.73% 8.54% 7.51% 5.45% 6.29% 7.71% 6.50% 4.81%
Return on Assets (ROA)		 10.03% 6.96% 6.81% 6.76% 8.98% 6.03% 4.37% 7.69% 7.35% 5.28% 4.39%
Return on Common Equity (ROCE)		 -211.12% -105.86% -169.65% -152.97% -320.53% -191.19% -185.82% -290.06% -399.50% -253.47% -298.24%
Return on Equity Simple (ROE_SIMPLE)		 0.00% -208.29% -324.13% -204.24% 0.00% -253.54% -197.26% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 1,159 733 725 727 1,042 678 525 875 914 616 559
NOPAT Margin		 8.39% 5.56% 5.66% 5.38% 7.41% 5.02% 3.97% 6.28% 6.24% 4.27% 3.88%
Net Nonoperating Expense Percent (NNEP)		 2.62% 1.37% 1.50% 1.19% 2.14% 1.61% 1.57% 1.67% 1.93% 1.07% 1.56%
Return On Investment Capital (ROIC_SIMPLE)		 13.78% 9.14% - - 12.48% 7.87% 5.55% 10.06% 9.81% 6.90% 5.87%
Cost of Revenue to Revenue		 78.40% 78.10% 76.38% 78.50% 78.65% 78.97% 79.28% 79.54% 79.77% 80.36% 79.07%
SG&A Expenses to Revenue		 9.60% 10.49% 11.42% 10.39% 10.02% 10.80% 11.20% 10.42% 9.77% 10.42% 10.51%
R&D to Revenue		 2.97% 3.03% 3.41% 3.06% 2.79% 2.94% 3.03% 2.91% 2.72% 2.72% 3.00%
Operating Expenses to Revenue		 14.27% 14.81% 16.18% 14.54% 14.30% 14.77% 15.77% 15.32% 13.68% 14.38% 16.69%
Earnings before Interest and Taxes (EBIT)		 852 793 797 827 862 704 506 624 834 671 493
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 1,064 998 1,006 1,035 1,070 901 711 930 1,042 885 757
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 0.46 0.52 0.52 0.66 0.63 0.57 0.44 0.43 0.47 0.32 0.33
Price to Earnings (P/E)		 7.64 8.03 9.21 12.42 12.23 11.21 9.58 8.82 10.23 7.11 7.47
Dividend Yield		 4.16% 3.83% 3.86% 3.02% 3.13% 3.43% 4.42% 4.61% 4.18% 6.01% 5.65%
Earnings Yield		 13.08% 12.45% 10.86% 8.05% 8.17% 8.92% 10.44% 11.33% 9.78% 14.06% 13.38%
Enterprise Value to Invested Capital (EV/IC)		 6.02 6.19 5.59 7.85 7.93 6.51 4.77 5.15 5.67 4.22 4.30
Enterprise Value to Revenue (EV/Rev)		 0.58 0.65 0.65 0.79 0.75 0.69 0.59 0.55 0.58 0.43 0.44
Enterprise Value to EBITDA (EV/EBITDA)		 8.24 8.64 8.15 10.25 9.82 9.29 8.64 8.31 8.88 6.84 6.93
Enterprise Value to EBIT (EV/EBIT)		 10.62 10.95 10.19 12.87 12.31 11.69 11.08 11.14 11.93 9.26 9.55
Enterprise Value to NOPAT (EV/NOPAT)		 8.12 8.82 10.16 12.59 12.49 11.74 10.78 9.56 10.58 8.30 8.44
Enterprise Value to Operating Cash Flow (EV/OCF)		 8.74 9.36 9.42 10.26 10.77 9.31 9.28 8.12 8.61 6.58 5.45
Enterprise Value to Free Cash Flow (EV/FCFF)		 8.91 9.66 10.11 11.36 12.15 12.20 13.35 11.26 12.80 8.45 6.46
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 -8.87 -5.89 -10.47 -6.91 -7.31 -9.04 -8.41 -10.66 -27.94 -12.66 -67.13
Long-Term Debt to Equity		 -8.66 -5.67 -10.18 -5.91 -6.25 -7.72 -7.28 -9.75 -25.49 -11.54 -61.50
Financial Leverage		 -3.45 -3.02 -4.63 -4.04 -5.30 -5.18 -6.88 -5.88 -7.42 -7.26 -9.84
Leverage Ratio		 -18.44 -13.41 -21.71 -20.54 -32.15 -27.57 -34.78 -33.98 -48.94 -43.78 -57.56
Compound Leverage Factor		 -18.44 -13.41 -21.71 -20.54 -32.15 -27.57 -34.78 -33.98 -48.94 -43.78 -57.56
Debt to Total Capital		 112.70% 120.45% 110.56% 116.91% 115.85% 112.44% 113.49% 110.36% 103.71% 108.57% 101.51%
Short-Term Debt to Total Capital		 2.73% 4.48% 3.05% 16.96% 16.85% 16.45% 15.28% 9.42% 9.07% 9.64% 8.51%
Long-Term Debt to Total Capital		 109.97% 115.97% 107.50% 99.95% 99.01% 95.99% 98.20% 100.93% 94.65% 98.94% 93.01%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 -12.70% -20.45% -10.56% -16.91% -15.85% -12.44% -13.49% -10.36% -3.71% -8.57% -1.51%
Debt to EBITDA		 2.50 2.41 2.27 2.35 2.35 2.42 2.89 2.66 2.70 2.72 2.67
Net Debt to EBITDA		 1.65 1.80 1.68 1.64 1.56 1.69 2.15 1.86 1.66 1.83 1.65
Long-Term Debt to EBITDA		 2.44 2.32 2.21 2.01 2.01 2.06 2.50 2.43 2.46 2.48 2.45
Debt to NOPAT		 2.47 2.46 2.83 2.88 2.99 3.05 3.61 3.06 3.21 3.30 3.26
Net Debt to NOPAT		 1.63 1.84 2.09 2.02 1.99 2.14 2.69 2.14 1.98 2.23 2.01
Long-Term Debt to NOPAT		 2.41 2.36 2.75 2.46 2.56 2.60 3.12 2.80 2.93 3.01 2.99
Altman Z-Score		 1.62 1.65 1.63 1.67 1.58 1.57 1.50 1.47 1.49 1.38 1.40
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 0.73 0.71 0.75 0.71 0.72 0.72 0.73 0.74 0.77 0.76 0.79
Quick Ratio		 0.31 0.26 0.28 0.28 0.29 0.26 0.27 0.29 0.32 0.29 0.33
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 820 390 742 1,088 1,132 556 -47 403 392 562 1,471
Operating Cash Flow to CapEx		 1,473.88% 76.58% 488.24% 879.01% 1,060.78% 123.84% 20.77% 772.56% 824.37% 164.38% 544.71%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.42 1.48 1.44 1.43 1.39 1.44 1.42 1.40 1.35 1.40 1.41
Accounts Receivable Turnover		 12.23 13.09 12.54 11.82 11.45 13.48 12.55 11.19 10.23 11.81 10.98
Inventory Turnover		 5.83 5.82 5.60 5.54 5.73 5.48 5.46 5.36 5.41 5.22 5.27
Fixed Asset Turnover		 19.18 19.06 19.05 19.00 18.66 18.88 18.90 18.79 18.55 18.89 19.04
Accounts Payable Turnover		 2.88 3.10 2.98 2.81 2.70 2.83 2.90 2.67 2.51 2.58 2.66
Days Sales Outstanding (DSO)		 29.84 27.89 29.12 30.89 31.87 27.07 29.09 32.63 35.67 30.90 33.25
Days Inventory Outstanding (DIO)		 62.59 62.77 65.14 65.88 63.76 66.62 66.87 68.08 67.47 69.92 69.32
Days Payable Outstanding (DPO)		 126.89 117.72 122.37 129.98 135.32 128.89 126.00 136.76 145.30 141.24 137.09
Cash Conversion Cycle (CCC)		 -34.47 -27.06 -28.12 -33.21 -39.69 -35.20 -30.04 -36.04 -42.15 -40.42 -34.52
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 5,183 5,603 6,159 5,355 5,093 5,725 6,731 5,827 5,615 5,779 5,819
Invested Capital Turnover		 10.71 9.78 8.59 9.63 10.42 9.51 8.42 9.79 10.33 9.78 9.15
Increase / (Decrease) in Invested Capital		 339 343 -17 -361 -90 122 572 472 522 54 -912
Enterprise Value (EV)		 31,196 34,690 34,415 42,063 40,364 37,275 32,112 30,022 31,824 24,391 25,041
Market Capitalization		 24,944 27,447 27,340 35,316 33,948 30,478 24,105 23,294 25,863 17,846 19,078
Book Value per Share		 ($1.08) ($1.65) ($0.93) ($1.42) ($1.37) ($1.14) ($1.35) ($0.96) ($0.37) ($0.83) ($0.16)
Tangible Book Value per Share		 ($9.77) ($10.30) ($9.69) ($10.22) ($10.32) ($10.31) ($10.60) ($10.24) ($9.68) ($10.34) ($9.70)
Total Capital		 8,415 8,020 8,676 8,233 8,346 8,619 9,461 8,701 9,320 8,933 9,522
Total Debt		 9,484 9,660 9,592 9,625 9,669 9,691 10,737 9,602 9,666 9,699 9,666
Total Long-Term Debt		 9,254 9,301 9,327 8,229 8,263 8,273 9,291 8,782 8,821 8,838 8,856
Net Debt		 6,252 7,243 7,075 6,747 6,416 6,797 8,007 6,728 5,961 6,545 5,963
Capital Expenditures (CapEx)		 134 158 119 162 153 302 183 215 197 233 170
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -9,513 -9,057 -8,498 -9,210 -9,774 -9,076 -8,382 -9,344 -9,665 -9,357 -9,115
Debt-free Net Working Capital (DFNWC)		 -6,281 -6,640 -5,981 -6,332 -6,521 -6,182 -5,652 -6,470 -5,960 -6,203 -5,412
Net Working Capital (NWC)		 -6,511 -6,999 -6,246 -7,728 -7,927 -7,600 -7,098 -7,290 -6,805 -7,064 -6,222
Net Nonoperating Expense (NNE)		 185 111 118 87 136 113 119 112 119 71 109
Net Nonoperating Obligations (NNO)		 6,252 7,243 7,075 6,747 6,416 6,797 8,007 6,728 5,961 6,545 5,963
Total Depreciation and Amortization (D&A)		 212 205 209 208 208 197 205 306 208 214 264
Debt-free, Cash-free Net Working Capital to Revenue		 -17.71% -17.05% -16.03% -17.27% -18.25% -16.85% -15.44% -17.08% -17.48% -16.64% -15.88%
Debt-free Net Working Capital to Revenue		 -11.69% -12.50% -11.29% -11.88% -12.18% -11.47% -10.41% -11.83% -10.78% -11.03% -9.43%
Net Working Capital to Revenue		 -12.12% -13.18% -11.79% -14.49% -14.80% -14.11% -13.07% -13.32% -12.31% -12.56% -10.84%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.99 $0.63 $0.62 $0.65 $0.93 $0.60 $0.43 $0.81 $0.83 $0.59 $0.49
Adjusted Weighted Average Basic Shares Outstanding		 992M 995M 984M 979M 979M 948M 950M 947M 946M 926M 922M
Adjusted Diluted Earnings per Share		 $0.97 $0.62 $0.61 $0.65 $0.93 $0.59 $0.42 $0.80 $0.84 $0.58 $0.49
Adjusted Weighted Average Diluted Shares Outstanding		 1B 1.00B 990M 990M 989M 957M 956M 954M 953M 932M 925M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 990.90M 980.73M 978.56M 963.72M 937.80M 942.70M 939.27M 934.70M 917.98M 914.55M 914.52M
Normalized Net Operating Profit after Tax (NOPAT)		 811 804 796 780 787 739 636 584 1,026 717 895
Normalized NOPAT Margin		 5.87% 6.10% 6.22% 5.77% 5.60% 5.47% 4.81% 4.19% 7.01% 4.97% 6.21%
Pre Tax Income Margin		 6.17% 6.01% 6.23% 6.12% 6.13% 5.21% 3.83% 4.48% 5.70% 4.65% 3.42%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 31.78% 30.83% 35.80% 37.71% 38.74% 39.48% 42.79% 40.95% 43.02% 43.52% 42.81%
Augmented Payout Ratio		 34.85% 45.46% 56.01% 79.92% 114.41% 102.02% 110.33% 88.30% 76.63% 86.37% 84.92%

Financials Breakdown Chart

Key Financial Trends

HP Inc. (NYSE: HPQ) shows a business that is still profitable, but with a noticeable step down in operating performance and a balance sheet that remains heavily levered. Over the last four years, revenue has generally been flat to slightly lower, margins have compressed from earlier highs, and liquidity remains tight because liabilities exceed assets. At the same time, HP continues to generate positive operating cash flow and returns cash to shareholders through dividends and buybacks.

  • HP remains profitable. In Q1 2026, net income was $545 million, following $795 million in Q4 2025 and $906 million in Q4 2024.
  • Operating cash flow is still positive. HP produced $383 million of operating cash flow in Q1 2026, even after a weak working-capital swing.
  • Cash generation has been strong in prior quarters. Operating cash flow reached $1.62 billion in Q4 2025 and $1.66 billion in Q3 2025, showing the business can still convert earnings into cash when working capital cooperates.
  • Gross profit dollars have held up reasonably well. Q1 2026 gross profit was $2.84 billion on $14.44 billion of revenue, near the recent range seen in 2024 and 2025.
  • HP continues to return cash to shareholders. The company paid a $0.60 quarterly dividend in Q1 2026 and has also been repurchasing shares in recent periods.
  • Revenue has been mostly range-bound. Quarterly revenue has generally clustered between about $13.2 billion and $14.6 billion over the past several years, suggesting limited top-line growth.
  • Share count has drifted downward only modestly. Diluted shares in Q1 2026 were 932 million, down from roughly 990 million in late 2024, but the reduction has not been dramatic.
  • Capital spending remains modest. HP spent $233 million on property, plant and equipment in Q1 2026, which points to a relatively light capital-intensity model.
  • Goodwill and other intangible-like assets remain sizable. Goodwill was $8.7 billion in Q1 2026, which is meaningful relative to HP’s asset base and worth monitoring for impairment risk.
  • Operating income has weakened from prior highs. Q1 2026 operating income was $759 million, down from $959 million in Q4 2025 and below the stronger levels HP posted in 2022-2024.
  • Margins have narrowed. Q1 2026 operating margin was about 5.3% ($759 million / $14.44 billion), below the stronger levels seen in periods such as Q4 2024 and Q3 2024.
  • Working capital remains a drag. In Q1 2026, changes in operating assets and liabilities reduced cash flow by $690 million, which overwhelmed the quarter’s earnings power.
  • The balance sheet is highly leveraged. As of Q1 2026, total liabilities were $42.3 billion versus total assets of $41.5 billion, leaving common equity at negative $766 million.
  • Current liabilities exceed current assets. HP had $22.2 billion in current assets against $29.3 billion in current liabilities in Q1 2026, signaling tight near-term liquidity.
  • Debt remains substantial. HP ended Q1 2026 with $861 million in short-term debt and $8.8 billion in long-term debt, while still funding dividends and buybacks.
  • Cash declined in the latest quarter. Cash and equivalents fell to $3.15 billion in Q1 2026 from $3.99 billion in Q4 2025, reflecting negative free-cash-flow pressure after financing outflows.

Bottom line: HPQ still has the hallmarks of a mature cash-generating business, but the trend over the last several years is mixed. Earnings are positive, cash flow is usually solid, and shareholder returns remain a priority. However, slower growth, softer margins, and a balance sheet with negative equity make the stock look more like a leveraged value/cash-return story than a clean growth story.

06/15/26 08:55 PM ETAI Generated. May Contain Errors.

HP Financials - Frequently Asked Questions

According to the most recent income statement we have on file, HP's financial year ends in October. Their financial year 2025 ended on October 31, 2025.

HP's net income were at $2.53 billion at the end of 2025, a 8.9% decrease from 2024, and a 44.5% decrease since 2015. See HP's forecast for analyst expectations on what's next for the company.

HP's total operating income in 2025 was $3.17 billion, based on the following breakdown:
  • Total Gross Profit: $11.39 billion
  • Total Operating Expenses: $8.22 billion

Over the last 10 years, HP's total revenue changed from $51.46 billion in 2015 to $55.30 billion in 2025, a change of 7.4%.

HP's total liabilities were at $42.12 billion at the end of 2025, a 2.1% increase from 2024, and a 60.2% increase since 2015.

In the past 10 years, HP's cash and equivalents has ranged from $0.00 in 2015 to $6.29 billion in 2016, and is currently $3.71 billion as of their latest financial filing in 2025.

Over the last 10 years, HP's book value per share changed from 15.44 in 2015 to -0.37 in 2025, a change of -102.4%.


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Financial statements for NYSE:HPQ last updated on 6/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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