HP Inc (HPQ)

HP Inc. provides personal computing, printing, 3D printing, hybrid work, gaming, and other related technologies in the United States and internationally. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktops and notebooks, workstations, thin clients, retail point-of-sale systems, displays, software, hybrid systems, and endpoint security and services, as well as lifecycle services, including support and deployment, configurations, and extended warranty services. The Printing segment provides consumer and commercial printer hardware, supplies, and solutions, as well as office and home printing solutions; and focuses on graphics, 3D printing, and personalization solutions for the commercial and industrial markets. The Corporate Investments segment is involved in the business incubation and investment projects. It serves small- and medium-sized businesses, public sector, and enterprises. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.

Symbol: HPQ
Exchange: NYSE
Sector: Technology
Industry: Computer Hardware
Market cap: $29.21B
52 week range: 17.56 - 36.23

Valuation

Share price: $32.15 (close of 2026-10-01)
P/E (TTM): 12.30x
Price to book: -317.52x
Price to free cash flow: 7.53x
Enterprise value: $35.38B
Book value per share: $-0.10

Price performance

Period	Change
1 day	+2.78%
5 days	+3.24%
1 month	+2.65%
3 months	+46.00%
6 months	+69.66%
Year to date	+44.30%
1 year	+20.41%
3 years	+25.10%
5 years	+14.54%
10 years	+107.02%
All time	+8830.56%

Members of Congress who disclosed HPQ trades

Alan Armstrong · John Boozman · Robert Bresnahan

Profitability and growth

Return on equity: -730.92%
Return on invested capital: 44.33%
Return on assets: 6.05%
Return on capital employed: 25.37%
Gross margin: 20.60%
Net margin: 4.57%
EBITDA margin: 7.40%
Revenue growth: 3.24%
Net income growth: -8.86%
Free cash flow growth: -11.31%

Cash flow and balance sheet

Free cash flow yield (TTM): 13.29%
Current ratio: 0.79x
Net debt to EBITDA: 1.47x

Latest reported year

Period end: 2025-10-31
Fiscal year: 2025
Revenue: $55.30B
Cost of revenue: $43.90B
Gross profit: $11.39B
EBITDA: $4.09B
Net income: $2.53B
Earnings per share: $2.67
Research and development: $1.60B
Shares outstanding: 946.00M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2025-10-31	$55.30B	$11.39B	$2.53B	$2.67
2024-10-31	$53.56B	$11.82B	$2.77B	$2.83
2023-10-31	$53.72B	$11.51B	$3.26B	$3.29
2022-10-31	$62.91B	$12.26B	$3.13B	$3.02
2021-10-31	$63.46B	$13.41B	$6.54B	$5.41
2020-10-31	$56.64B	$10.42B	$2.81B	$1.99
2019-10-31	$58.76B	$11.17B	$3.15B	$2.08
2018-10-31	$58.47B	$10.67B	$5.33B	$3.30
2017-10-31	$52.06B	$9.58B	$2.53B	$1.50
2016-10-31	$48.24B	$9.00B	$2.50B	$1.44

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2025-10-31	20.60%	4.57%	-730.92%	44.33%
2024-10-31	22.07%	5.18%	-209.75%	52.29%
2023-10-31	21.42%	6.07%	-305.24%	52.66%
2022-10-31	19.49%	4.98%	-103.54%	54.98%
2021-10-31	21.13%	10.31%	-397.87%	152.80%
2020-10-31	18.40%	4.97%	-123.74%	1185.21%
2019-10-31	19.01%	5.36%	-264.21%	-
2018-10-31	18.25%	9.11%	-833.65%	-
2017-10-31	18.40%	4.85%	-74.12%	-
2016-10-31	18.65%	5.17%	-64.18%	-

Cash and debt by year

Period end	Cash	Debt
2025-10-31	$3.69B	$8.82B
2024-10-31	$3.24B	$8.26B
2023-10-31	$3.11B	$9.25B
2022-10-31	$3.15B	$10.80B
2021-10-31	$4.30B	$6.39B
2020-10-31	$4.86B	$5.54B
2019-10-31	$4.54B	-
2018-10-31	$5.17B	-
2017-10-31	$8.15B	-
2016-10-31	$6.29B	-

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-10-31	$2.80B	$522.00M
2024-10-31	$3.16B	$452.00M
2023-10-31	$2.98B	$438.00M
2022-10-31	$3.70B	$343.00M
2021-10-31	$5.83B	$330.00M
2020-10-31	$3.74B	$278.00M
2019-10-31	$3.98B	$297.00M
2018-10-31	$3.98B	$268.00M
2017-10-31	$3.27B	$224.00M
2016-10-31	$2.82B	$182.00M