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. In the quarter to July 2026, revenue grew 57.8%, EPS grew 277.1%, free cash flow fell 47.2% and total debt rose 20.7%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years.

451.71 21.68 −4.58%
Market cap
$301.0B
P/E
26.0×
Fwd P/E
22.9×
Dividend yield
0.65%
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 16 October 2026, Dell Technologies Inc. (DELL) trades at a EV/EBITDA of 17.7×. Over the past ten years it has ranged from 4.4× (October 2022) to 23.0× (June 2026); the current reading is higher than 94% of that period. That is above the Computer Hardware industry median of 14.9× and above the Technology sector median of 15.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2026 8.3× (12.82%)
FY2025 9.5× 15.88%
FY2024 8.2× 65.21%
FY2023 5.0× (16.96%)
FY2022 6.0× 5.65%
FY2021 5.6× (9.20%)
FY2020 6.2× (20.05%)
FY2019 7.8× 11.53%
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 7.2×
Current reading's percentile 94

EV/EBITDA against peers

Company EV/EBITDA
SMCI Super Micro Computer, Inc. compare 7.0×
HPQ HP Inc. compare 7.5×
LOGI Logitech International S.A. compare 14.0×
SNDK Sandisk Corporation compare 14.9×
DELL Dell Technologies Inc. 17.7×
WDC Western Digital Corporation compare 24.2×
STX Seagate Technology Holdings PLC compare 32.4×
ANET Arista Networks, Inc. compare 45.2×
P Everpure, Inc. compare 105×
Computer Hardware industry median 14.9×
Technology sector median 15.3×
Market median 11.0×

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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