Stock Analysis on Net

Dell Technologies Inc. (NYSE:DELL)

Analysis of Geographic Areas

Microsoft Excel

Area Asset Turnover

Dell Technologies Inc., asset turnover by geographic area

Microsoft Excel
Jan 31, 2025 Feb 2, 2024 Feb 3, 2023 Jan 28, 2022 Jan 29, 2021 Jan 31, 2020
United States 11.60 10.16 11.82 12.75 10.10 10.14
Foreign countries 22.97 21.14 25.95 31.15 25.46 27.89

Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31).

Area activity ratio Geographic area The company
Area asset turnover United States United States area asset turnover ratio deteriorated from 2023 to 2024 but then improved from 2024 to 2025 not reaching 2023 level.
Foreign countries Foreign countries area asset turnover ratio deteriorated from 2023 to 2024 but then slightly improved from 2024 to 2025.

Area Asset Turnover: United States

Dell Technologies Inc.; United States; area asset turnover calculation

Microsoft Excel
Jan 31, 2025 Feb 2, 2024 Feb 3, 2023 Jan 28, 2022 Jan 29, 2021 Jan 31, 2020
Selected Financial Data (US$ in millions)
Net revenue 51,014 43,986 49,201 46,752 45,671 43,829
Property, plant, and equipment, net 4,396 4,330 4,163 3,667 4,524 4,322
Area Activity Ratio
Area asset turnover1 11.60 10.16 11.82 12.75 10.10 10.14

Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31).

1 2025 Calculation
Area asset turnover = Net revenue ÷ Property, plant, and equipment, net
= 51,014 ÷ 4,396 = 11.60

Area activity ratio Geographic area The company
Area asset turnover United States United States area asset turnover ratio deteriorated from 2023 to 2024 but then improved from 2024 to 2025 not reaching 2023 level.

Area Asset Turnover: Foreign countries

Dell Technologies Inc.; Foreign countries; area asset turnover calculation

Microsoft Excel
Jan 31, 2025 Feb 2, 2024 Feb 3, 2023 Jan 28, 2022 Jan 29, 2021 Jan 31, 2020
Selected Financial Data (US$ in millions)
Net revenue 44,553 44,439 53,100 54,445 48,553 48,325
Property, plant, and equipment, net 1,940 2,102 2,046 1,748 1,907 1,733
Area Activity Ratio
Area asset turnover1 22.97 21.14 25.95 31.15 25.46 27.89

Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31).

1 2025 Calculation
Area asset turnover = Net revenue ÷ Property, plant, and equipment, net
= 44,553 ÷ 1,940 = 22.97

Area activity ratio Geographic area The company
Area asset turnover Foreign countries Foreign countries area asset turnover ratio deteriorated from 2023 to 2024 but then slightly improved from 2024 to 2025.

Net revenue

Dell Technologies Inc., net revenue by geographic area

US$ in millions

Microsoft Excel
Jan 31, 2025 Feb 2, 2024 Feb 3, 2023 Jan 28, 2022 Jan 29, 2021 Jan 31, 2020
United States 51,014 43,986 49,201 46,752 45,671 43,829
Foreign countries 44,553 44,439 53,100 54,445 48,553 48,325
Total 95,567 88,425 102,301 101,197 94,224 92,154

Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31).


Property, plant, and equipment, net

Dell Technologies Inc., property, plant, and equipment, net by geographic area

US$ in millions

Microsoft Excel
Jan 31, 2025 Feb 2, 2024 Feb 3, 2023 Jan 28, 2022 Jan 29, 2021 Jan 31, 2020
United States 4,396 4,330 4,163 3,667 4,524 4,322
Foreign countries 1,940 2,102 2,046 1,748 1,907 1,733
Total 6,336 6,432 6,209 5,415 6,431 6,055

Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31).