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Net margin at other companies

HP logo
HPHPQ
4.4%-0.2pp
International Business Machines logo
International Business MachinesIBM
15.6%+6.9pp
NetApp logo
NetAppNTAP
18.4%+0.4pp
Amazon logo
AmazonAMZN
10.6%+0.5pp
Super Micro Computer, Inc. logo
Super Micro Computer, Inc.SMCI
3.7%-1.6pp
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
4%-0.6pp

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

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 net margin?
Dell Technologies (DELL) reported net margin of 6.3% in Q1 2026.
How has Dell Technologies's net margin changed year-over-year?
Dell Technologies's net margin increased by 33.1% year-over-year, from 4.7% to 6.3%.
What is the long-term trend for Dell Technologies's net margin?
Over 4 years (2022 to 2026), Dell Technologies's net margin has grown at a -1.6% compound annual growth rate (CAGR), from 21% to 19.7%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.