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HP HPQ Free cash flow yield

Free cash flow yield at other companies

Apple logo
AppleAAPL
3.5%+0.5pp
Dell Technologies logo
Dell TechnologiesDELL
7%+1.2pp
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
10.4%+9.9pp
TD SYNNEX logo
TD SYNNEXSNX
19.1%
International Business Machines logo
International Business MachinesIBM
5.7%+0.2pp
Best Buy logo
Best BuyBBY
7.3%

Other financials

Income statement

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Revenue$14.4B+9.0%
Gross profit$3.0B+10.1%
Operating income$612.0M-6.4%
Net income$450.0M+10.8%
EPS (diluted)$0.49+16.7%

Balance sheet

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Cash & equivalents$3.7B+35.6%
Total debt$11.7B-11.8%
Total equity-$144.0M+88.7%
Total assets$42.9B+10.7%

Cash flow

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Operating cash flow$926.0M+2,337%
CapEx$170.0M-7.1%
Free cash flow$756.0M+621%

Valuation

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Market cap$21.2B-20.1%
Enterprise value$29.2B-21.3%
P/E8.3×-2.2×
P/S0.4×-0.1×

Profitability

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Gross margin20.3%-0.8pp
Operating margin5.3%-1.0pp
Net margin4.4%-0.2pp

Returns & leverage

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Return on equity-359.6%
Debt / equity0.4×
Current ratio0.8×+0.1×

Where this comes from

Calculated from HP’s reported figures.

Based on trailing twelve months.

The official record: HP’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is HP's free cash flow yield?
HP (HPQ) reported free cash flow yield of 19.8% in Q1 2026.
How has HP's free cash flow yield changed year-over-year?
HP's free cash flow yield increased by 77.9% year-over-year, from 11.1% to 19.8%.
What is the long-term trend for HP's free cash flow yield?
Over 3 years (2022 to 2025), HP's free cash flow yield has grown at a -7.3% compound annual growth rate (CAGR), from 56.3% to 44.9%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.