Stock Analysis on Net

Hewlett Packard Enterprise Co. (NYSE:HPE)

This company has been moved to the archive! The financial data has not been updated since June 5, 2024.

Analysis of Long-term (Investment) Activity Ratios
Quarterly Data

Microsoft Excel

Long-term Activity Ratios (Summary)

Hewlett Packard Enterprise Co., long-term (investment) activity ratios (quarterly data)

Microsoft Excel
Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018
Net fixed asset turnover 4.87 4.68 4.86 4.87 4.92 4.90 4.93 4.97 5.07 5.08 4.95 5.02 5.03 4.82 4.80 4.73 4.90 5.00 4.81 4.98 4.95 5.00 5.03
Total asset turnover 0.47 0.48 0.51 0.53 0.53 0.53 0.50 0.49 0.50 0.48 0.48 0.49 0.51 0.50 0.50 0.46 0.50 0.55 0.56 0.59 0.59 0.59 0.56
Equity turnover 1.31 1.31 1.38 1.44 1.45 1.47 1.43 1.36 1.36 1.37 1.39 1.62 1.66 1.66 1.68 1.67 1.69 1.66 1.70 1.70 1.67 1.68 1.45

Based on: 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Hewlett Packard Enterprise Co. net fixed asset turnover ratio deteriorated from Q4 2023 to Q1 2024 but then improved from Q1 2024 to Q2 2024 exceeding Q4 2023 level.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Hewlett Packard Enterprise Co. total asset turnover ratio deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Hewlett Packard Enterprise Co. equity turnover ratio deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.

Net Fixed Asset Turnover

Hewlett Packard Enterprise Co., net fixed asset turnover calculation (quarterly data)

Microsoft Excel
Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018
Selected Financial Data (US$ in millions)
Net revenue 7,204 6,755 7,351 7,002 6,973 7,809 7,871 6,951 6,713 6,961 7,354 6,897 6,700 6,833 7,208 6,816 6,009 6,949 7,215 7,217 7,150 7,553 7,946 7,764 7,468 7,674
Property, plant and equipment, net 5,817 5,997 5,989 6,089 6,013 5,990 5,784 5,626 5,508 5,498 5,613 5,510 5,480 5,573 5,625 5,709 5,588 5,711 6,054 6,000 6,138 6,141 6,138 6,184 6,208 6,338
Long-term Activity Ratio
Net fixed asset turnover1 4.87 4.68 4.86 4.87 4.92 4.90 4.93 4.97 5.07 5.08 4.95 5.02 5.03 4.82 4.80 4.73 4.90 5.00 4.81 4.98 4.95 5.00 5.03
Benchmarks
Net Fixed Asset Turnover, Competitors2
Apple Inc. 8.76 8.83 8.77 8.82 8.87 9.02 9.36 9.61 9.82 9.64 9.28 8.99 8.61 7.75 7.47 7.67 7.47 7.23 6.96
Arista Networks Inc. 65.55 62.08 57.69 54.54 51.74 49.98 46.11 40.75 38.14 36.13 37.49 36.78 81.23 75.84 71.90 68.00 64.39 61.85 61.38
Cisco Systems Inc. 28.55 28.96 27.34 26.82 27.07 26.52 25.82 25.21 24.09 22.69 21.31 20.64 20.13 19.93 20.10 19.95 19.67 19.48 18.61
Super Micro Computer Inc. 31.14 25.34 24.54 22.67 22.98 20.69 18.17 16.40 14.88 13.47 12.95 12.74 12.77 13.65 14.28 14.31 14.82 15.67 16.88

Based on: 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).

1 Q2 2024 Calculation
Net fixed asset turnover = (Net revenueQ2 2024 + Net revenueQ1 2024 + Net revenueQ4 2023 + Net revenueQ3 2023) ÷ Property, plant and equipment, net
= (7,204 + 6,755 + 7,351 + 7,002) ÷ 5,817 = 4.87

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Hewlett Packard Enterprise Co. net fixed asset turnover ratio deteriorated from Q4 2023 to Q1 2024 but then improved from Q1 2024 to Q2 2024 exceeding Q4 2023 level.

Total Asset Turnover

Hewlett Packard Enterprise Co., total asset turnover calculation (quarterly data)

Microsoft Excel
Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018
Selected Financial Data (US$ in millions)
Net revenue 7,204 6,755 7,351 7,002 6,973 7,809 7,871 6,951 6,713 6,961 7,354 6,897 6,700 6,833 7,208 6,816 6,009 6,949 7,215 7,217 7,150 7,553 7,946 7,764 7,468 7,674
Total assets 59,711 58,602 57,153 56,415 55,549 55,591 57,123 57,675 56,324 57,873 57,699 56,437 54,132 53,451 54,015 58,239 54,515 52,244 51,803 50,760 51,140 51,758 55,493 57,513 59,876 61,619
Long-term Activity Ratio
Total asset turnover1 0.47 0.48 0.51 0.53 0.53 0.53 0.50 0.49 0.50 0.48 0.48 0.49 0.51 0.50 0.50 0.46 0.50 0.55 0.56 0.59 0.59 0.59 0.56
Benchmarks
Total Asset Turnover, Competitors2
Apple Inc. 1.13 1.09 1.09 1.15 1.16 1.12 1.12 1.15 1.10 0.99 1.04 1.05 0.97 0.83 0.85 0.86 0.84 0.79 0.77
Arista Networks Inc. 0.54 0.58 0.59 0.62 0.64 0.64 0.65 0.64 0.60 0.52 0.51 0.51 0.50 0.50 0.49 0.50 0.52 0.57 0.58
Cisco Systems Inc. 0.57 0.59 0.56 0.56 0.55 0.56 0.55 0.56 0.55 0.53 0.51 0.52 0.50 0.51 0.52 0.55 0.57 0.56 0.53
Super Micro Computer Inc. 1.71 1.80 1.94 2.06 2.16 1.82 1.62 1.51 1.56 1.58 1.59 1.69 1.72 1.82 1.74 1.68 1.81 1.96 2.08

Based on: 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).

1 Q2 2024 Calculation
Total asset turnover = (Net revenueQ2 2024 + Net revenueQ1 2024 + Net revenueQ4 2023 + Net revenueQ3 2023) ÷ Total assets
= (7,204 + 6,755 + 7,351 + 7,002) ÷ 59,711 = 0.47

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Hewlett Packard Enterprise Co. total asset turnover ratio deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.

Equity Turnover

Hewlett Packard Enterprise Co., equity turnover calculation (quarterly data)

Microsoft Excel
Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018
Selected Financial Data (US$ in millions)
Net revenue 7,204 6,755 7,351 7,002 6,973 7,809 7,871 6,951 6,713 6,961 7,354 6,897 6,700 6,833 7,208 6,816 6,009 6,949 7,215 7,217 7,150 7,553 7,946 7,764 7,468 7,674
Total HPE stockholders’ equity 21,680 21,416 21,182 20,622 20,366 20,011 19,864 20,611 20,532 20,318 19,971 17,020 16,560 16,212 16,049 16,155 16,210 17,189 17,098 17,533 18,198 18,293 21,239 23,426 23,932 23,951
Long-term Activity Ratio
Equity turnover1 1.31 1.31 1.38 1.44 1.45 1.47 1.43 1.36 1.36 1.37 1.39 1.62 1.66 1.66 1.68 1.67 1.69 1.66 1.70 1.70 1.67 1.68 1.45
Benchmarks
Equity Turnover, Competitors2
Apple Inc. 5.14 5.21 6.17 6.37 6.20 6.83 7.78 6.67 5.73 5.26 5.80 5.40 4.70 4.44 4.20 3.79 3.42 2.99 2.88
Arista Networks Inc. 0.75 0.77 0.81 0.86 0.90 0.91 0.90 0.90 0.87 0.76 0.74 0.72 0.71 0.71 0.70 0.72 0.75 0.82 0.83
Cisco Systems Inc. 1.24 1.28 1.29 1.30 1.28 1.30 1.30 1.28 1.31 1.19 1.21 1.21 1.23 1.26 1.30 1.42 1.45 1.51 1.55
Super Micro Computer Inc. 3.01 3.41 3.61 3.72 3.65 3.70 3.64 3.63 3.51 3.38 3.25 3.21 3.06 3.08 3.13 3.18 3.26 3.43 3.72

Based on: 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).

1 Q2 2024 Calculation
Equity turnover = (Net revenueQ2 2024 + Net revenueQ1 2024 + Net revenueQ4 2023 + Net revenueQ3 2023) ÷ Total HPE stockholders’ equity
= (7,204 + 6,755 + 7,351 + 7,002) ÷ 21,680 = 1.31

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Hewlett Packard Enterprise Co. equity turnover ratio deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.