Discontinued — last reported Q3 '23

Business Segments · Goodwill

Storage — Goodwill

Hewlett Packard Enterprise Storage — Goodwill remained flat by 0.0% to $4.00B in Q3 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $4.00B to $4.00B. Over 2 years (FY 2021 to FY 2023), Storage — Goodwill shows relatively stable performance with a 0.0% CAGR.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ3 2018
Last reportedQ3 2023
Rolls up toGoodwill

How to read this metric

A stable or decreasing balance is generally expected; a significant write-down signals that the acquired businesses are underperforming expectations.

Detailed definition

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

Peer comparison

Comparable to goodwill balances reported in segment disclosures for companies with active M&A strategies.

Metric ID: hpe_segment_storage_goodwill

Historical Data

11 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value$3.95B$3.95B$4.16B$4.16B$4.16B$4.16B$4.00B$4.00B$4.00B$4.00B$4.00B
QoQ Change+0.0%+5.4%-0.1%+0.1%+0.0%-3.8%+0.0%+0.0%+0.0%+0.0%
YoY Change+5.4%+5.4%-3.8%-3.8%-3.8%-3.8%+0.0%
Range$3.95B$4.16B
CAGR+0.5%
Avg YoY Growth-0.6%
Median YoY Growth-3.8%
Current Streak4 quarters growth

Frequently Asked Questions

What is Hewlett Packard Enterprise's storage — goodwill?
Hewlett Packard Enterprise (HPE) reported storage — goodwill of $4.00B in Q3 2023.
How has Hewlett Packard Enterprise's storage — goodwill changed year-over-year?
Hewlett Packard Enterprise's storage — goodwill decreased by 0.0% year-over-year, from $4.00B to $4.00B.
What is the long-term trend for Hewlett Packard Enterprise's storage — goodwill?
Over 2 years (2021 to 2023), Hewlett Packard Enterprise's storage — goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $16.00B to $16.00B.
What does storage — goodwill mean?
The total intangible value recorded on the balance sheet from past acquisitions within the storage segment.