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Dell Technologies DELL Free cash flow yield

Free cash flow yield at other companies

HP logo
HPHPQ
19.8%+8.7pp
International Business Machines logo
International Business MachinesIBM
5.7%+0.2pp
NetApp logo
NetAppNTAP
8.6%+1.2pp
Amazon logo
AmazonAMZN
0.5%-0.6pp
Super Micro Computer, Inc. logo
Super Micro Computer, Inc.SMCI
-50.1%
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
10.4%+9.9pp

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 trailing twelve months.

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 free cash flow yield?
Dell Technologies (DELL) reported free cash flow yield of 7% in Q1 2026.
How has Dell Technologies's free cash flow yield changed year-over-year?
Dell Technologies's free cash flow yield increased by 20.5% year-over-year, from 5.8% to 7%.
What is the long-term trend for Dell Technologies's free cash flow yield?
Over 4 years (2022 to 2026), Dell Technologies's free cash flow yield has grown at a -28.5% compound annual growth rate (CAGR), from 102.9% to 26.9%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.