Dell Technologies Inc.

DELL Technology Computer Hardware

Dell Technologies Inc.’s revenue for fiscal 2026 (year ended January 2026) was $113.5 billion, up 18.8% from fiscal 2025.

Revenue
+57.8%
EPS
+277.1%
Free cash flow
−47.2%
Total debt
+20.7%

Quarter to July 2026, against a year earlier

329.86 12.95 +4.09%
Market cap
$201.5B
P/E
18.5×
Fwd P/E
17.5×
Dividend yield
0.75%
F-score
7/9
Altman Z
1.81
Beneish M
−2.18
Dividend safety
78/100

Dell Technologies Inc. (DELL) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Dell Technologies Inc. (DELL) trades at a EV/EBITDA of 12.8×. Over the past ten years it has ranged from 4.4× (October 2022) to 23.0× (June 2026); the current reading is higher than 86% of that period. That is in line with the Computer Hardware industry median of 13.0× and below the Technology sector median of 14.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2026 8.3× (12.82%)
FY2025 9.5× 17.51%
FY2024 8.1× 62.91%
FY2023 5.0× (16.96%)
FY2022 6.0× 5.50%
FY2021 5.7× (9.14%)
FY2020 6.2× (20.04%)
FY2019 7.8× 11.62%
FY2018 7.0× (55.12%)
FY2017 15.5× 29.40%

Quarterly newest first

Period EV/EBITDA Change
Jul 2026 16.0× 47.92%
Apr 2026 10.8× 30.45%
Jan 2026 8.3× (31.12%)
Oct 2025 12.0× 14.48%
42 more quarters

Against its own ten years

Low 4.4× High 23.0×
Ten-year median 7.3×
Current reading's percentile 86

EV/EBITDA against peers

Company EV/EBITDA
SNDK Sandisk Corporation compare 5.5×
SMCI Super Micro Computer, Inc. compare 6.8×
HPQ HP Inc. compare 7.4×
DELL Dell Technologies Inc. 12.8×
LOGI Logitech International S.A. compare 13.2×
WDC Western Digital Corporation compare 16.6×
STX Seagate Technology Holdings PLC compare 18.9×
ANET Arista Networks, Inc. compare 35.6×
P Everpure, Inc. compare 80.0×
Computer Hardware industry median 13.0×
Technology sector median 14.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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