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) 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
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| ANET Arista Networks, Inc. compare | 195.4% |
| LOGI Logitech International S.A. compare | 90.5% |
| SNDK Sandisk Corporation compare | 70.6% |
| DELL Dell Technologies Inc. | 68.6% |
| STX Seagate Technology Holdings PLC compare | 63.5% |
| HPQ HP Inc. compare | 55.8% |
| WDC Western Digital Corporation compare | 33.4% |
| P Everpure, Inc. compare | 26.3% |
| SMCI Super Micro Computer, Inc. compare | 11.0% |
| 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)
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
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- 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