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HP HPQ Quick ratio

Quick ratio at other companies

Apple logo
AppleAAPL
+0.2×
Dell Technologies logo
Dell TechnologiesDELL
0.7×0.0×
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
0.8×-0.2×
TD SYNNEX logo
TD SYNNEXSNX
0.7×0.0×
International Business Machines logo
International Business MachinesIBM
0.8×-0.2×
Best Buy logo
Best BuyBBY
0.4×+0.1×

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 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 quick ratio?
HP (HPQ) reported quick ratio of 0.5× in Q1 2026.
How has HP's quick ratio changed year-over-year?
HP's quick ratio increased by 15.2% year-over-year, from 0.4× to 0.5×.
What is the long-term trend for HP's quick ratio?
Over 4 years (2021 to 2025), HP's quick ratio has grown at a -1.7% compound annual growth rate (CAGR), from 1.9× to 1.8×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.