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HP HPQ Return on invested capital

Return on invested capital at other companies

Eastman Kodak Company logo
Eastman Kodak CompanyKODK
1.7%+1.1pp
Apple logo
AppleAAPL
94.3%+17.4pp
Zebra Technologies logo
Zebra TechnologiesZBRA
9.5%-3.0pp
3D Systems logo
3D SystemsDDD
-22%-9.0pp
Logitech International logo
Logitech InternationalLOGI
101.7%+18.0pp
Dell Technologies logo
Dell TechnologiesDELL
46.8%+17.8pp

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$24.94B+6.3%
Enterprise value$32.94B+2.6%
P/E9.8×+0.9×
P/S0.4×0.0×

Profitability

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Gross margin20.3%-0.8pp
Operating margin5.3%-1.0pp
Net margin4.4%-0.2pp
FCF margin6.6%+1.7pp

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 source filing: HP’s 10-Q, filed May 28, 2026. Open the filing →

Filed
May 27, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000047217-26-000029

FAQ

What is HP's return on invested capital?
HP (HPQ) reported return on invested capital of 34.6% in Q1 2026.
How has HP's return on invested capital changed year-over-year?
HP's return on invested capital decreased by 0.2% year-over-year, from 34.7% to 34.6%.
What is the long-term trend for HP's return on invested capital?
Over 4 years (2021 to 2025), HP's return on invested capital has grown at a -34.4% compound annual growth rate (CAGR), from 211.1% to 39.2%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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