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Dell Technologies DELL Debt-to-assets

Debt-to-assets at other companies

HP logo
HPHPQ
0.3×-0.1×
International Business Machines logo
International Business MachinesIBM
0.5×0.0×
NetApp logo
NetAppNTAP
0.3×-0.1×
Amazon logo
AmazonAMZN
0.3×0.0×
Super Micro Computer, Inc. logo
Super Micro Computer, Inc.SMCI
0.3×+0.2×
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
0.3×0.0×

Other financials

Income statement

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Revenue$43.8B+87.5%
Gross profit$7.8B+57.6%
Operating income$3.7B+214%
Net income$3.4B+256%
EPS (diluted)$5.24+282%

Balance sheet

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Cash & equivalents$11.6B+50.4%
Total debt$31.9B+7.9%
Total equity-$1.4B+53.6%
Total assets$114.91B+32.3%

Cash flow

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Operating cash flow$4.1B+46.0%
CapEx$963.0M+69.5%
Free cash flow$3.1B+40.0%

Valuation

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Market cap$271.76B+106%
Enterprise value$292.09B+78.0%
P/E32.3×+3.4×
P/S+0.7×

Profitability

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Gross margin19.1%-3.0pp
Operating margin7.9%+1.3pp
Net margin6.3%+1.6pp

Returns & leverage

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Return on equity138%
Debt / equity5.6×
Current ratio0.9×+0.1×

Where this comes from

Calculated from Dell Technologies’s reported figures.

Based on the most recent quarter.

The official record: Dell Technologies’s 10-Q, filed June 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dell Technologies's debt-to-assets?
Dell Technologies (DELL) reported debt-to-assets of 0.3× in Q1 2026.
How has Dell Technologies's debt-to-assets changed year-over-year?
Dell Technologies's debt-to-assets decreased by 18.4% year-over-year, from 0.3× to 0.3×.
What is the long-term trend for Dell Technologies's debt-to-assets?
Over 4 years (2022 to 2026), Dell Technologies's debt-to-assets has grown at a -1.6% compound annual growth rate (CAGR), from 1.4× to 1.4×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.