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HP HPQ Q4 2024 Annual earnings

Reported November 26, 2024 · After market close

Revenue estimate$14.0B
EPS estimate$0.93

Next report

Aug 26, 2026 (in a month)
Revenue estimate$14.3B
EPS estimate$0.66

Financials

Q4 2024

Income statement

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Revenue$14.1B+1.7%
Gross profit$3.0B+0.5%
Operating income$991.0M-2.3%
Net income$906.0M-7.0%
EPS (diluted)$0.93-4.1%

Balance sheet

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Cash & equivalents$3.3B+0.6%
Total debt$12.3B+12.4%
Total equity-$1.3B-23.8%
Total assets$39.9B+7.9%

Cash flow

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Operating cash flow$1.6B-17.8%
CapEx$153.0M+14.2%
Free cash flow$1.5B-20.2%

Valuation & ratios

Valuation

as of 10/31/24
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Market cap$34.77B+32.7%
Enterprise value$43.81B+29.2%
P/E12.5×+4.5×
P/S0.6×+0.2×

Profitability

See full
Gross margin22.1%+0.6pp
Operating margin7.1%+0.7pp
Net margin5.2%-0.9pp
FCF margin5.9%+0.4pp

Returns & leverage

See full
Current ratio0.7×0.0×

Segments

By segment

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Personal Systems$9.6B+2.1%
Printing$4.5B+0.8%
Corporate Investments$11.0M+450%

By geography

See full
Americas$6.2B+2.0%
Europe, Middle East and Africa$4.6B+2.1%
Asia-Pacific and Japan$3.3B+0.6%

By product

See full
Services$814.0M+5.4%

Versus estimates

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Questions, answered.

When did HP report Q4 2024 earnings?
HP (HPQ) reported Q4 2024 earnings on November 26, 2024 after market close.
What were HP's Q4 2024 revenue and EPS?
HP reported revenue of $14.1B and diluted EPS of $0.93 for Q4 2024.
Did HP beat estimates in Q4 2024?
Revenue beat the consensus estimate of $14.0B by $69.1M. EPS beat the consensus estimate of $0.93 by $0.00.
Where can I find HP's Q4 2024 SEC filings?
You can read the 10-K periodic report (0000047217-24-000080) directly on SEC EDGAR. The filing index links above go to sec.gov.