Dell Technologies DELL Ratios & Valuation
| TTM Q1 '27 | TTM Q4 '26 | TTM Q3 '26 | TTM Q2 '26 | TTM Q1 '26 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 81%-3.0pp | 84%-2.2pp | 86.2%-1.5pp | 87.7%-1.5pp | 89.2%-1.2pp | |
| Operating margin | 28.8%+1.3pp | 27.5%+0.7pp | 26.8%+0.9pp | 25.9%+0.8pp | 25.1%+0.8pp | |
| Net margin | 21.3%+1.6pp | 19.7%+0.4pp | 19.3%+0.5pp | 18.8%+0.3pp | 18.6%+0.5pp | |
| EBITDA margin | 39.6%+0.4pp | 39.2%+0.1pp | 39.2%+0.5pp | 38.7%+0.3pp | 38.5%+0.3pp | |
| Free cash flow margin | 23.9%+3.1pp | 20.8%+5.4pp | 15.4%+1.4pp | 14%+1.3pp | 12.7%-2.0pp | |
| Returns | ||||||
| Return on assets | 26.7%+2.9pp | 23.8%+0.9pp | 22.9%+1.0pp | 21.9%+0.7pp | 21.2%+0.9pp | |
| Return on invested capital | 142.5%+17.8pp | 124.7%+4.4pp | 120.3%-0.5pp | 120.7%-0.3pp | 121.1%+1.4pp | |
| Efficiency | ||||||
| Asset turnover | 5×+0.2× | 4.8×+0.1× | 4.7×+0.1× | 4.7×+0.1× | 4.6×+0.1× | |
| Inventory turnover | 44.5×-2.7× | 47.2×-3.8× | 51×-2.4× | 53.4×-2.7× | 56.2×-3.3× | |
| Liquidity | ||||||
| Current ratio | 3.5×+0.1× | 3.4×+0.1× | 3.3×+0.1× | 3.2×+0.1× | 3.1×+0.1× | |
| Quick ratio | 2.9×0.0× | 2.9×+0.1× | 2.8×+0.1× | 2.7×+0.1× | 2.6×+0.1× | |
| Cash ratio | 0.7×0.0× | 0.7×+0.1× | 0.6×+0.1× | 0.5×+0.1× | 0.4×0.0× | |
| Leverage | ||||||
| Debt-to-assets | 1.3×-0.1× | 1.4×0.0× | 1.4×+0.1× | 1.3×0.0× | 1.3×0.0× | |
| Net debt / EBITDA | 7.7×-0.8× | 8.5×-0.5× | 9×-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 / earnings | 68.3×+1.7× | 66.6×-3.0× | 69.6×+0.3× | 69.2×-0.9× | 70.1×-9.1× | |
| Price / sales | 3.6×+0.3× | 3.3×-0.1× | 3.4×+0.1× | 3.3×0.0× | 3.2×-0.3× | |
| EV / EBITDA | 44.1×+2.2× | 41.9×-1.4× | 43.3×+0.5× | 42.8×-0.4× | 43.2×-3.5× | |
| EV / sales | 4.4×+0.3× | 4.1×-0.1× | 4.2×+0.1× | 4.1×0.0× | 4.1×-0.3× | |
| Free cash flow yield | 28%+1.2pp | 26.9%+8.5pp | 18.4%+1.0pp | 17.4%+1.4pp | 16%-0.2pp | |
| Earnings yield | 24.2%-0.7pp | 24.9%+1.5pp | 23.5%-0.1pp | 23.5%+0.2pp | 23.3%+2.7pp | |
| Dividend yield | 5.9%-0.9pp | 6.8%+0.2pp | 6.6%-0.1pp | 6.7%+0.1pp | 6.7%+0.7pp | |
| PEG ratio | 2.7×-0.5× | 3.2×0.0× | 3.2×+0.6× | 2.6×+0.9× | 1.7×+0.4× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
