HP Inc. HPQ

31.30 0.16 0.51% as of 25 Sep
Market cap
$28.0B
P/E
11.8×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

HP Inc. (HPQ) Operating margin

HP Inc.'s operating margin over the twelve months to 31 July 2026 was 5.45%, down 0.3 percentage points from fiscal 2025 (5.74%). Over the past ten years it has ranged from 5.74% (fiscal 2025) to 8.44% (fiscal 2021) — the current reading is the lowest 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)
FY2025 5.74% (1.39)
FY2024 7.13% 0.70
FY2023 6.43% (0.82)
FY2022 7.25% (1.19)
FY2021 8.44% 2.36
FY2020 6.08% (0.52)
FY2019 6.60% 0.05
FY2018 6.55% 0.08
FY2017 6.47% (0.89)
FY2016 7.36% (0.26)

Quarterly

Period Operating margin Change (points)
Jul 2026 5.69% 1.44
Apr 2026 4.25% (1.01)
Jan 2026 5.26% (1.29)
Oct 2025 6.55% 1.41
43 more quarters

Against its own ten years

Low 5.74% High 8.44%
Ten-year median 6.60%
Current reading's percentile 9

Operating margin against peers

Company Operating margin
WDC Western Digital Corporation compare 34.5%
STX Seagate Technology Holdings PLC compare 33.6%
LOGI Logitech International S.A. compare 17.7%
SMCI Super Micro Computer, Inc. compare 7.09%
HPQ HP Inc. 5.45%
P Everpure, Inc. compare 5.26%
IONQ IonQ, Inc. compare −408.2%
RGTI Rigetti Computing, Inc. compare −727.6%
QBTS D-Wave Quantum Inc. compare −1,372.9%
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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