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Dell Technologies DELL Price / earnings

Price / earnings at other companies

HP logo
HPHPQ
7.5×-2.0×
International Business Machines logo
International Business MachinesIBM
21.2×-21.0×
NetApp logo
NetAppNTAP
17.1×+1.8×
Amazon logo
AmazonAMZN
28.3×-2.3×
Super Micro Computer, Inc. logo
Super Micro Computer, Inc.SMCI
11×-6.7×
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
24.5×+9.9×

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/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 price / earnings?
Dell Technologies (DELL) reported price / earnings of 16.2× in Q1 2026.
How has Dell Technologies's price / earnings changed year-over-year?
Dell Technologies's price / earnings increased by 11.8% year-over-year, from 14.4× to 16.2×.
What is the long-term trend for Dell Technologies's price / earnings?
Over 4 years (2022 to 2026), Dell Technologies's price / earnings has grown at a 18.8% compound annual growth rate (CAGR), from 33.4× to 66.6×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.