Discontinued — last reported Q3 '23

Business Segments · Goodwill

Compute — Goodwill

Hewlett Packard Enterprise Compute — Goodwill increased by 0.1% to $7.70B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 0.1%, from $7.69B to $7.70B. Over 2 years (FY 2021 to FY 2023), Compute — Goodwill shows relatively stable performance with a 1.1% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ3 2019
Last reportedQ3 2023
Rolls up toGoodwill

How to read this metric

High levels of goodwill indicate significant past acquisition activity, while sudden decreases often signal impairment charges due to underperforming business units.

Detailed definition

This metric represents the intangible asset value recorded when the compute segment acquires other businesses for a pric...

Peer comparison

Standard accounting metric found in segments that have grown through M&A activity.

Metric ID: hpe_segment_compute_goodwill

Historical Data

11 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value$7.53B$7.53B$7.53B$7.53B$7.53B$7.53B$7.69B$7.69B$7.69B$7.69B$7.70B
QoQ Change+0.0%+0.0%+0.0%+0.0%+0.0%+2.1%+0.0%+0.0%+0.0%+0.1%
YoY Change+0.0%+0.0%+2.1%+2.1%+2.1%+2.1%+0.1%
Range$7.53B$7.70B
CAGR+0.9%
Avg YoY Growth+1.2%
Median YoY Growth+2.1%
Current Streak10+ quarters growth

Frequently Asked Questions

What is Hewlett Packard Enterprise's compute — goodwill?
Hewlett Packard Enterprise (HPE) reported compute — goodwill of $7.70B in Q3 2023.
How has Hewlett Packard Enterprise's compute — goodwill changed year-over-year?
Hewlett Packard Enterprise's compute — goodwill increased by 0.1% year-over-year, from $7.69B to $7.70B.
What is the long-term trend for Hewlett Packard Enterprise's compute — goodwill?
Over 2 years (2021 to 2023), Hewlett Packard Enterprise's compute — goodwill has grown at a 1.1% compound annual growth rate (CAGR), from $30.13B to $30.78B.
What does compute — goodwill mean?
The total value of goodwill attributed to the compute business segment from past acquisitions.