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Dell Technologies DELL Ratios & Valuation

Q1 '27Q4 '26Q3 '26Q2 '26Q1 '26
Profitability
Gross margin19.1%-3.0pp20%-2.2pp20.8%-1.5pp21.1%-1.5pp22.1%-1.2pp
Operating margin7.9%+1.3pp7.2%+0.7pp6.9%+0.9pp6.7%+0.8pp6.7%+0.8pp
Net margin6.3%+1.6pp5.2%+0.4pp5%+0.5pp4.8%+0.3pp4.7%+0.5pp
EBITDA margin10.2%+0.4pp9.8%+0.1pp9.8%+0.5pp9.7%+0.3pp9.8%+0.3pp
Free cash flow margin7%+3.1pp7.5%+5.4pp4.4%+1.4pp4.9%+1.3pp3.9%-2.0pp
Returns
Return on assets8.3%+2.9pp6.6%+0.9pp6.2%+1.0pp5.6%+0.7pp5.5%+0.9pp
Return on invested capital46.8%+17.8pp34.7%+4.4pp30.6%-0.5pp30.4%-0.3pp29%+1.4pp
Efficiency
Asset turnover1.3×+0.2×1.3×+0.1×1.2×+0.1×1.2×+0.1×1.2×+0.1×
Inventory turnover9.7×-2.7×10.6×-3.8×12.1×-2.4×12.2×-2.7×12.4×-3.3×
Liquidity
Current ratio0.9×+0.1×0.9×+0.1×0.9×+0.1×0.8×+0.1×0.9×+0.1×
Quick ratio0.7×0.0×0.7×+0.1×0.7×+0.1×0.7×+0.1×0.7×+0.1×
Cash ratio0.2×0.0×0.2×+0.1×0.2×+0.1×0.1×+0.1×0.2×0.0×
Leverage
Debt-to-assets0.3×-0.1×0.3×0.0×0.4×+0.1×0.3×0.0×0.3×0.0×
Net debt / EBITDA1.5×-0.8×1.9×-0.5×2.2×-0.1×2.2×-0.2×2.3×-0.1×
Per Share
Book value per share-$2.14+50.3%-$4.31
Valuation
Market capitalization$135.86B+106%$75.84B+4.9%$108.58B+24.0%$89.75B+11.5%$65.88B-25.3%
Enterprise value$156.18B+78.0%$96.54B+2.7%$131.02B+21.2%$111.08B+9.7%$87.75B-19.2%
Price / earnings16.2×+1.7×12.8×-3.0×20.8×+0.3×18.6×-0.9×14.4×-9.1×
Price / sales+0.3×0.7×-0.1×+0.1×0.9×0.0×0.7×-0.3×
EV / EBITDA11.4×+2.2×8.6×-1.4×12.8×+0.5×11.3×-0.4×9.2×-3.5×
EV / sales1.2×+0.3×0.9×-0.1×1.3×+0.1×1.1×0.0×0.9×-0.3×
Free cash flow yield7%+1.2pp11.3%+8.5pp4.2%+1.0pp5.6%+1.4pp5.8%-0.2pp
Earnings yield6.2%-0.7pp7.8%+1.5pp4.8%-0.1pp5.4%+0.2pp6.9%+2.7pp
Dividend yield1.1%-0.9pp1.9%+0.2pp1.3%-0.1pp1.5%+0.1pp2%+0.7pp
PEG ratio0.2×-0.5×0.4×0.0×0.9×+0.6×1.1×+0.9×0.7×+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.