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Dell Technologies DELL Ratios & Valuation

TTM Q1 '27TTM Q4 '26TTM Q3 '26TTM Q2 '26TTM Q1 '26
Profitability
Gross margin81%-8.2pp84%-6.4pp86.2%-5.8pp87.7%-5.5pp89.2%-4.8pp
Operating margin28.8%+3.7pp27.5%+3.2pp26.8%+3.0pp25.9%+2.5pp25.1%+2.0pp
Net margin21.3%+2.7pp19.7%+1.7pp19.3%+2.2pp18.8%+3.2pp18.6%+5.4pp
EBITDA margin39.6%+1.2pp39.2%+1.1pp39.2%+1.0pp38.7%+0.7pp38.5%+0.7pp
Free cash flow margin23.9%+11.2pp20.8%+6.1pp15.4%-3.9pp14%-10.0pp12.7%-13.3pp
Returns
Return on assets26.7%+5.4pp23.8%+3.5pp22.9%+4.3pp21.9%+5.2pp21.2%+7.1pp
Return on invested capital142.5%+21.4pp124.7%+5.1pp120.3%+6.0pp120.7%+16.5pp121.1%+27.9pp
Efficiency
Asset turnover+0.4×4.8×+0.3×4.7×+0.4×4.7×+0.4×4.6×+0.3×
Inventory turnover44.5×-11.7×47.2×-12.3×51×-10.1×53.4×-7.7×56.2×-5.2×
Liquidity
Current ratio3.5×+0.4×3.4×+0.5×3.3×+0.4×3.2×+0.3×3.1×+0.1×
Quick ratio2.9×+0.3×2.9×+0.4×2.8×+0.2×2.7×+0.1×2.6×-0.1×
Cash ratio0.7×+0.3×0.7×+0.3×0.6×+0.1×0.5×0.0×0.4×-0.2×
Leverage
Debt-to-assets1.3×0.0×1.4×+0.1×1.4×+0.1×1.3×0.0×1.3×0.0×
Net debt / EBITDA7.7×-1.7×8.5×-0.9×-0.4×9.1×-0.2×9.4×+0.2×
Valuation
Market capitalization$410.02B+33.9%$340.04B+3.5%$336.49B+6.7%$315.44B+14.2%$306.17B+30.8%
Enterprise value$494.83B+26.5%$426.39B+3.5%$423.83B+6.9%$400.94B+12.6%$391.14B+25.1%
Price / earnings68.3×-1.8×66.6×-12.6×69.6×-11.3×69.2×-8.5×70.1×-7.5×
Price / sales3.6×+0.4×3.3×-0.3×3.4×-0.1×3.3×+0.2×3.2×+0.7×
EV / EBITDA44.1×+0.9×41.9×-4.8×43.3×-2.3×42.8×+1.4×43.2×+6.7×
EV / sales4.4×+0.2×4.1×-0.3×4.2×-0.1×4.1×+0.2×4.1×+0.7×
Free cash flow yield28%+12.1pp26.9%+10.7pp18.4%-5.0pp17.4%-17.4pp16%-28.4pp
Earnings yield24.2%+0.9pp24.9%+4.3pp23.5%+3.5pp23.5%+2.6pp23.3%+2.4pp
Dividend yield5.9%-0.8pp6.8%+0.9pp6.6%+0.7pp6.7%0.0pp6.7%-1.3pp
PEG ratio2.7×+1.0×3.2×+1.9×3.2×+1.9×2.6×+1.4×1.7×

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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.