Dell Technologies Inc. DELL

562.89 26.87 5.01% as of 25 Sep
Market cap
$348.7B
P/E
32.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Dell Technologies Inc. (DELL) Operating margin

Dell Technologies Inc.'s operating margin over the twelve months to 31 July 2026 was 9.43%, up 2.2 percentage points from fiscal 2026 (7.18%). Over the past ten years it has ranged from −3.84% (fiscal 2017) to 7.18% (fiscal 2026) — the current reading is the highest in ten years. That is above the Computer Hardware industry median of −0.80% and above the Technology sector median of 0.08%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2026 7.18% 0.65
FY2025 6.53% 0.41
FY2024 6.12% 0.48
FY2023 5.64% 1.04
FY2022 4.60% 0.35
FY2021 4.25% 1.46
FY2020 2.79% 3.00
FY2019 −0.21% 2.85
FY2018 −3.06% 0.78
FY2017 −3.84% (2.83)

Quarterly

Period Operating margin Change (points)
Jul 2026 11.5% 3.12
Apr 2026 8.34% (0.92)
Jan 2026 9.26% 1.41
Oct 2025 7.85% 1.90
42 more quarters

Against its own ten years

Low −3.84% High 7.18%
Ten-year median 3.52%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
SNDK Sandisk Corporation compare 61.2%
ANET Arista Networks, Inc. compare 43.1%
WDC Western Digital Corporation compare 34.5%
STX Seagate Technology Holdings PLC compare 33.6%
DELL Dell Technologies Inc. 9.43%
SMCI Super Micro Computer, Inc. compare 7.09%
HPQ HP Inc. compare 5.45%
P Everpure, Inc. compare 5.26%
IONQ IonQ, Inc. compare −408.2%
Computer Hardware industry median −0.80%
Technology sector median 0.08%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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