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) Return on invested capital

Alert me on Return on invested capital

Dell Technologies Inc.'s return on invested capital over the twelve months to 31 July 2026 was 68.6%, up 15.0 percentage points from fiscal 2026 (53.5%). Over the past ten years it has ranged from −5.54% (fiscal 2016) to 53.5% (fiscal 2026) — the current reading is the highest in ten years. That is above the Computer Hardware industry median of 0.00% and above the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2026 53.5% 26.35
FY2025 27.2% (8.37)
FY2024 35.6% 3.86
FY2023 31.7% 2.79
FY2022 28.9% 21.45
FY2021 7.45% 3.58
FY2020 3.87% 4.18
FY2019 −0.31% 3.02
FY2018 −3.33% (0.38)
FY2017 −2.95% 2.59

Against its own ten years

Low −5.54% High 53.5%
Ten-year median 5.66%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
ANET Arista Networks, Inc. compare 156.0%
SNDK Sandisk Corporation compare 100.9%
LOGI Logitech International S.A. compare 84.0%
STX Seagate Technology Holdings PLC compare 75.1%
DELL Dell Technologies Inc. 68.6%
HPQ HP Inc. compare 55.8%
WDC Western Digital Corporation compare 40.4%
P Everpure, Inc. compare 26.3%
SMCI Super Micro Computer, Inc. compare 16.3%
Computer Hardware industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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