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Dell Technologies DELL Ratios & Valuation

TTM Q1 '27TTM Q4 '26TTM Q3 '26TTM Q2 '26TTM Q1 '26
Profitability
Gross margin81%-3.0pp84%-2.2pp86.2%-1.5pp87.7%-1.5pp89.2%-1.2pp
Operating margin28.8%+1.3pp27.5%+0.7pp26.8%+0.9pp25.9%+0.8pp25.1%+0.8pp
Net margin21.3%+1.6pp19.7%+0.4pp19.3%+0.5pp18.8%+0.3pp18.6%+0.5pp
EBITDA margin39.6%+0.4pp39.2%+0.1pp39.2%+0.5pp38.7%+0.3pp38.5%+0.3pp
Free cash flow margin23.9%+3.1pp20.8%+5.4pp15.4%+1.4pp14%+1.3pp12.7%-2.0pp
Returns
Return on assets26.7%+2.9pp23.8%+0.9pp22.9%+1.0pp21.9%+0.7pp21.2%+0.9pp
Return on invested capital142.5%+17.8pp124.7%+4.4pp120.3%-0.5pp120.7%-0.3pp121.1%+1.4pp
Efficiency
Asset turnover+0.2×4.8×+0.1×4.7×+0.1×4.7×+0.1×4.6×+0.1×
Inventory turnover44.5×-2.7×47.2×-3.8×51×-2.4×53.4×-2.7×56.2×-3.3×
Liquidity
Current ratio3.5×+0.1×3.4×+0.1×3.3×+0.1×3.2×+0.1×3.1×+0.1×
Quick ratio2.9×0.0×2.9×+0.1×2.8×+0.1×2.7×+0.1×2.6×+0.1×
Cash ratio0.7×0.0×0.7×+0.1×0.6×+0.1×0.5×+0.1×0.4×0.0×
Leverage
Debt-to-assets1.3×-0.1×1.4×0.0×1.4×+0.1×1.3×0.0×1.3×0.0×
Net debt / EBITDA7.7×-0.8×8.5×-0.5×-0.1×9.1×-0.2×9.4×-0.1×
Valuation
Market capitalization$410.02B+20.6%$340.04B+1.1%$336.49B+6.7%$315.44B+3.0%$306.17B-6.8%
Enterprise value$494.83B+16.0%$426.39B+0.6%$423.83B+5.7%$400.94B+2.5%$391.14B-5.1%
Price / earnings68.3×+1.7×66.6×-3.0×69.6×+0.3×69.2×-0.9×70.1×-9.1×
Price / sales3.6×+0.3×3.3×-0.1×3.4×+0.1×3.3×0.0×3.2×-0.3×
EV / EBITDA44.1×+2.2×41.9×-1.4×43.3×+0.5×42.8×-0.4×43.2×-3.5×
EV / sales4.4×+0.3×4.1×-0.1×4.2×+0.1×4.1×0.0×4.1×-0.3×
Free cash flow yield28%+1.2pp26.9%+8.5pp18.4%+1.0pp17.4%+1.4pp16%-0.2pp
Earnings yield24.2%-0.7pp24.9%+1.5pp23.5%-0.1pp23.5%+0.2pp23.3%+2.7pp
Dividend yield5.9%-0.9pp6.8%+0.2pp6.6%-0.1pp6.7%+0.1pp6.7%+0.7pp
PEG ratio2.7×-0.5×3.2×0.0×3.2×+0.6×2.6×+0.9×1.7×+0.4×

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Questions, answered.

What are Dell Technologies's profit margins?
Dell Technologies (DELL) runs a 19.1% gross margin and a 7.9% operating margin, with a 6.3% net margin.
Where do Dell Technologies's ratios come from?
Every ratio is computed from Dell Technologies's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.