Skip to content

HP HPQ Operating margin

Operating margin at other companies

Apple logo
AppleAAPL
32.6%+0.8pp
Dell Technologies logo
Dell TechnologiesDELL
7.9%+1.3pp
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
3.8%+2.0pp
TD SYNNEX logo
TD SYNNEXSNX
2.5%+0.4pp
Best Buy logo
Best BuyBBY
3.7%+0.9pp
Microsoft logo
MicrosoftMSFT
46.8%+1.6pp

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

See full
Gross margin20.3%-0.8pp
Net margin4.4%-0.2pp

Returns & leverage

See full
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 →

Ask your AI about HP's operating margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is HP's operating margin?
HP (HPQ) reported operating margin of 5.3% in Q1 2026.
How has HP's operating margin changed year-over-year?
HP's operating margin decreased by 16.0% year-over-year, from 6.3% to 5.3%.
What is the long-term trend for HP's operating margin?
Over 4 years (2021 to 2025), HP's operating margin has grown at a -5.1% compound annual growth rate (CAGR), from 30.6% to 24.8%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.