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.
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Dell Technologies Inc. (DELL) Price to free cash flow
As of 16 October 2026, Dell Technologies Inc. (DELL) trades at a price to free cash flow of 34.0×. Over the past ten years it has ranged from 1.6× (March 2020) to 59.4× (April 2023); the current reading is higher than 94% of that period. That is above the Computer Hardware industry median of 25.5× and above the Technology sector median of 20.0×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2026 | 9.4× | (75.93%) |
| FY2025 | 39.1× | 287.69% |
| FY2024 | 10.1× | (81.00%) |
| FY2023 | 53.1× | 820.49% |
| FY2022 | 5.8× | 92.73% |
| FY2021 | 3.0× | 12.20% |
| FY2020 | 2.7× | (23.88%) |
| FY2019 | 3.5× | 15.42% |
| FY2018 | 3.0× | (62.91%) |
| FY2017 | 8.2× | 365.15% |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jul 2026 | 30.5× | 112.67% |
| Apr 2026 | 14.4× | 52.71% |
| Jan 2026 | 9.4× | (61.51%) |
| Oct 2025 | 24.4× | 32.00% |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| SMCI Super Micro Computer, Inc. compare | n/m |
| HPQ HP Inc. compare | 7.1× |
| LOGI Logitech International S.A. compare | 14.7× |
| SNDK Sandisk Corporation compare | 16.6× |
| WDC Western Digital Corporation compare | 32.7× |
| DELL Dell Technologies Inc. | 34.0× |
| ANET Arista Networks, Inc. compare | 43.3× |
| STX Seagate Technology Holdings PLC compare | 45.1× |
| P Everpure, Inc. compare | 350× |
| Computer Hardware industry median | 25.5× |
| Technology sector median | 20.0× |
| Market median | 14.2× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on DELL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement