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Discontinued — last reported Q2 '26

Net debt at other companies

Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5×-5.4×
Zscaler logo
ZscalerZS
19.2×+12.3×
Citigroup logo
CitigroupC
0.1×-0.3×
Morgan Stanley logo
Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

Other financials

Income statement

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Revenue$10.7B+40.0%
Operating income$747.0M+167%
Net income$624.0M+159%
EPS (diluted)$0.44+154%

Balance sheet

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Cash & equivalents$5.4B-54.6%
Total debt$23.5B+40.3%
Total equity$25.3B+6.0%
Total assets$79.5B+17.2%

Cash flow

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Operating cash flow$1.4B+406%
CapEx$583.0M+6.6%
Free cash flow$827.0M+182%

Valuation

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Market cap$63.43B+141%
Enterprise value$81.57B+62.2%
P/E40.8×+19.7×
P/S1.6×+0.8×

Profitability

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Gross margin31.4%
Operating margin3.8%+2.0pp
Net margin4%-0.6pp
FCF margin10.3%+9.9pp

Returns & leverage

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Return on equity6.3%-0.1pp
Debt / equity0.9×+0.2×
Current ratio1.1×-0.2×

Where this comes from

Calculated from Hewlett Packard Enterprise’s reported figures.

The source filing: Hewlett Packard Enterprise’s 10-Q, filed June 2, 2026. Open the filing →

Filed
Jun 2, 2026, 8:24 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001645590-26-000055

FAQ

What is Hewlett Packard Enterprise's net debt?
Hewlett Packard Enterprise (HPE) reported net debt of $18.14B in Q1 2026.
How has Hewlett Packard Enterprise's net debt changed year-over-year?
Hewlett Packard Enterprise's net debt increased by 265.5% year-over-year, from $4.96B to $18.14B.
What is the long-term trend for Hewlett Packard Enterprise's net debt?
Over 5 years (2020 to 2025), Hewlett Packard Enterprise's net debt has grown at a 12.9% compound annual growth rate (CAGR), from $12.46B to $22.86B.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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