Hewlett Packard Enterprise Company

HPE Technology Communication Equipment

Hewlett Packard Enterprise Company’s revenue for fiscal 2025 (year ended October 2025) was $34.3 billion, up 13.8% from fiscal 2024. In the quarter to July 2026, revenue grew 33.7%, EPS grew 438.1%, free cash flow grew 20.6% and total debt rose 2.90%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for five.

55.13 3.50 −5.97%
Market cap
$77.8B
P/E
27.4×
Fwd P/E
22.3×
Dividend yield
1.03%
F-score
2/9
Altman Z
0.77
Beneish M
−2.33
Dividend safety
36/100

Hewlett Packard Enterprise Company (HPE) Free cash flow margin

Alert me on Free cash flow margin

Hewlett Packard Enterprise Company's free cash flow margin over the twelve months to 31 July 2026 was 10.9%, up 8.0 percentage points from fiscal 2025 (2.94%). Over the past ten years it has ranged from −3.89% (fiscal 2017) to 13.4% (fiscal 2021); the current reading is higher than 36% of that period. That is above the Communication Equipment industry median of 1.39% and above the Technology sector median of 1.72%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 2.94% (4.84)
FY2024 7.78% 0.22
FY2023 7.56% 0.29
FY2022 7.27% (6.13)
FY2021 13.4% 11.32
FY2020 2.08% (3.89)
FY2019 5.97% 2.40
FY2018 3.57% 7.46
FY2017 −3.89% (11.24)
FY2016 7.35% 5.11

Against its own ten years

Low −3.89% High 13.4%
Ten-year median 5.97%
Current reading's percentile 36

Free cash flow margin against peers

Company Free cash flow margin
UI Ubiquiti Inc. compare 27.8%
MSI Motorola Solutions, Inc. compare 21.9%
ZBRA Zebra Technologies Corporation compare 15.5%
CIEN Ciena Corporation compare 13.5%
ERIC Ericsson compare 12.7%
LITE Lumentum Holdings Inc. compare 11.4%
HPE Hewlett Packard Enterprise Company 10.9%
NOK Nokia Corporation compare 2.61%
ASTS AST SpaceMobile, Inc. compare −1,506.1%
Communication Equipment industry median 1.39%
Technology sector median 1.72%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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