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HP HPQ Price / earnings

Price / earnings at other companies

Apple logo
AppleAAPL
30.4×-3.9×
Dell Technologies logo
Dell TechnologiesDELL
16.2×+1.7×
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
24.5×+9.9×
TD SYNNEX logo
TD SYNNEXSNX
12.8×-4.1×
International Business Machines logo
International Business MachinesIBM
21.2×-21.0×
Best Buy logo
Best BuyBBY
11.1×-4.7×

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/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 the most recent quarter.

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 price / earnings?
HP (HPQ) reported price / earnings of 7.5× in Q1 2026.
How has HP's price / earnings changed year-over-year?
HP's price / earnings decreased by 21.2% year-over-year, from 9.5× to 7.5×.
What is the long-term trend for HP's price / earnings?
Over 4 years (2021 to 2025), HP's price / earnings has grown at a 6.4% compound annual growth rate (CAGR), from 31× to 39.8×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.