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 Profitability Ratios 
Quarterly Data

Microsoft Excel

Profitability Ratios (Summary)

Hewlett Packard Enterprise Co., profitability 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
Return on Sales
Gross profit margin 34.97% 35.75% 35.14% 34.64% 34.32% 33.47% 33.36% 33.35% 33.37% 33.79% 33.75% 33.15% 32.11% 31.55% 31.39% 32.07% 33.00% 33.05% 32.58% 32.00% 31.20% 30.77% 30.12%
Operating profit margin 6.81% 7.20% 7.17% 4.19% 4.18% 3.15% 2.74% 5.26% 4.61% 4.87% 4.07% 3.35% 2.38% -1.69% -1.22% -0.05% -0.37% 4.09% 4.37% 5.02% 6.87% 6.68% 6.02%
Net profit margin 6.38% 6.81% 6.95% 3.64% 3.46% 2.92% 3.05% 13.31% 13.28% 13.32% 12.33% 3.73% 2.35% -1.61% -1.19% 0.00% -0.13% 4.22% 3.60% -0.63% 0.95% 2.11% 6.18%
Return on Investment
Return on equity (ROE) 8.33% 8.92% 9.56% 5.23% 5.03% 4.28% 4.37% 18.07% 18.06% 18.29% 17.16% 6.06% 3.91% -2.66% -2.01% 0.01% -0.22% 7.01% 6.14% -1.07% 1.59% 3.55% 8.98%
Return on assets (ROA) 3.03% 3.26% 3.54% 1.91% 1.84% 1.54% 1.52% 6.46% 6.58% 6.42% 5.94% 1.83% 1.20% -0.81% -0.60% 0.00% -0.06% 2.31% 2.02% -0.37% 0.57% 1.25% 3.44%

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).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Hewlett Packard Enterprise Co. gross profit margin ratio improved from Q4 2023 to Q1 2024 but then deteriorated significantly from Q1 2024 to Q2 2024.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Hewlett Packard Enterprise Co. operating profit margin ratio improved from Q4 2023 to Q1 2024 but then deteriorated significantly from Q1 2024 to Q2 2024.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Hewlett Packard Enterprise Co. net profit margin ratio deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Hewlett Packard Enterprise Co. ROE deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
ROA A profitability ratio calculated as net income divided by total assets. Hewlett Packard Enterprise Co. ROA deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.

Gross Profit Margin

Hewlett Packard Enterprise Co., gross profit margin 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)
Gross profit 2,376 2,457 2,559 2,510 2,512 2,658 2,593 2,396 2,173 2,344 2,419 2,382 2,287 2,288 2,206 2,067 1,914 2,282 2,393 2,449 2,305 2,346 2,457 2,380 2,272 2,183
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
Profitability Ratio
Gross profit margin1 34.97% 35.75% 35.14% 34.64% 34.32% 33.47% 33.36% 33.35% 33.37% 33.79% 33.75% 33.15% 32.11% 31.55% 31.39% 32.07% 33.00% 33.05% 32.58% 32.00% 31.20% 30.77% 30.12%
Benchmarks
Gross Profit Margin, Competitors2
Apple Inc. 45.59% 45.03% 44.13% 43.45% 43.18% 43.06% 43.31% 43.31% 43.32% 43.02% 41.78% 41.01% 39.88% 38.78% 38.23% 38.19% 38.11% 37.95% 37.82%
Arista Networks Inc. 64.01% 62.94% 61.95% 60.76% 60.18% 60.27% 61.07% 61.82% 62.77% 63.64% 63.80% 63.95% 63.87% 63.72% 63.94% 64.08% 64.12% 64.24% 64.06%
Cisco Systems Inc. 64.22% 63.69% 62.73% 61.99% 61.92% 62.23% 62.55% 63.14% 63.30% 63.73% 64.02% 63.94% 64.17% 64.07% 64.26% 64.41% 63.97% 63.44% 62.94%
Super Micro Computer Inc. 16.39% 17.44% 18.01% 18.23% 17.80% 16.78% 15.40% 14.22% 13.68% 14.18% 15.03% 15.14% 16.03% 15.91% 15.76% 16.22% 15.72% 15.12% 14.16%

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
Gross profit margin = 100 × (Gross profitQ2 2024 + Gross profitQ1 2024 + Gross profitQ4 2023 + Gross profitQ3 2023) ÷ (Net revenueQ2 2024 + Net revenueQ1 2024 + Net revenueQ4 2023 + Net revenueQ3 2023)
= 100 × (2,376 + 2,457 + 2,559 + 2,510) ÷ (7,204 + 6,755 + 7,351 + 7,002) = 34.97%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Hewlett Packard Enterprise Co. gross profit margin ratio improved from Q4 2023 to Q1 2024 but then deteriorated significantly from Q1 2024 to Q2 2024.

Operating Profit Margin

Hewlett Packard Enterprise Co., operating profit margin 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)
Earnings (loss) from operations 425 525 507 471 520 591 (339) 466 207 448 350 282 278 222 145 12 (834) 348 460 (76) 434 456 684 516 397 261
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
Profitability Ratio
Operating profit margin1 6.81% 7.20% 7.17% 4.19% 4.18% 3.15% 2.74% 5.26% 4.61% 4.87% 4.07% 3.35% 2.38% -1.69% -1.22% -0.05% -0.37% 4.09% 4.37% 5.02% 6.87% 6.68% 6.02%
Benchmarks
Operating Profit Margin, Competitors2
Apple Inc. 30.98% 30.76% 29.82% 29.23% 29.16% 29.41% 30.29% 30.53% 30.93% 30.90% 29.78% 28.79% 27.32% 25.24% 24.15% 24.52% 24.48% 24.71% 24.57%
Arista Networks Inc. 41.23% 40.01% 38.52% 37.29% 36.12% 35.71% 34.86% 33.69% 32.55% 31.56% 31.37% 30.79% 30.76% 30.72% 30.19% 30.66% 31.77% 32.55% 33.42%
Cisco Systems Inc. 27.21% 27.17% 26.37% 25.89% 26.10% 26.91% 27.09% 27.36% 27.09% 26.98% 25.76% 25.60% 25.93% 26.23% 27.63% 27.81% 27.47% 26.91% 27.39%
Super Micro Computer Inc. 9.40% 9.65% 10.68% 10.64% 10.39% 8.75% 6.45% 4.52% 3.27% 3.20% 3.48% 2.79% 2.85% 2.52% 2.57% 3.23% 3.17% 3.05% 2.78%

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
Operating profit margin = 100 × (Earnings (loss) from operationsQ2 2024 + Earnings (loss) from operationsQ1 2024 + Earnings (loss) from operationsQ4 2023 + Earnings (loss) from operationsQ3 2023) ÷ (Net revenueQ2 2024 + Net revenueQ1 2024 + Net revenueQ4 2023 + Net revenueQ3 2023)
= 100 × (425 + 525 + 507 + 471) ÷ (7,204 + 6,755 + 7,351 + 7,002) = 6.81%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Hewlett Packard Enterprise Co. operating profit margin ratio improved from Q4 2023 to Q1 2024 but then deteriorated significantly from Q1 2024 to Q2 2024.

Net Profit Margin

Hewlett Packard Enterprise Co., net profit margin 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 earnings (loss) attributable to HPE 314 387 642 464 418 501 (304) 409 250 513 2,553 392 259 223 157 9 (821) 333 480 (27) 419 177 (757) 451 778 1,436
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
Profitability Ratio
Net profit margin1 6.38% 6.81% 6.95% 3.64% 3.46% 2.92% 3.05% 13.31% 13.28% 13.32% 12.33% 3.73% 2.35% -1.61% -1.19% 0.00% -0.13% 4.22% 3.60% -0.63% 0.95% 2.11% 6.18%
Benchmarks
Net Profit Margin, Competitors2
Apple Inc. 26.31% 26.16% 25.31% 24.68% 24.49% 24.56% 25.31% 25.71% 26.41% 26.58% 25.88% 25.00% 23.45% 21.73% 20.91% 21.33% 21.35% 21.49% 21.24%
Arista Networks Inc. 39.01% 37.64% 35.62% 33.97% 32.48% 31.24% 30.87% 29.63% 29.55% 29.54% 28.52% 28.30% 27.72% 27.48% 27.38% 32.06% 33.16% 34.10% 35.67%
Cisco Systems Inc. 23.49% 23.40% 22.13% 20.89% 21.26% 22.00% 22.91% 23.28% 22.94% 22.44% 21.26% 20.92% 21.09% 21.76% 22.75% 21.32% 21.44% 21.15% 22.39%
Super Micro Computer Inc. 7.92% 8.29% 8.98% 8.93% 8.70% 7.38% 5.49% 3.96% 3.00% 2.89% 3.14% 2.69% 2.71% 2.56% 2.52% 2.72% 2.58% 2.37% 2.05%

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 profit margin = 100 × (Net earnings (loss) attributable to HPEQ2 2024 + Net earnings (loss) attributable to HPEQ1 2024 + Net earnings (loss) attributable to HPEQ4 2023 + Net earnings (loss) attributable to HPEQ3 2023) ÷ (Net revenueQ2 2024 + Net revenueQ1 2024 + Net revenueQ4 2023 + Net revenueQ3 2023)
= 100 × (314 + 387 + 642 + 464) ÷ (7,204 + 6,755 + 7,351 + 7,002) = 6.38%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Hewlett Packard Enterprise Co. net profit margin ratio deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.

Return on Equity (ROE)

Hewlett Packard Enterprise Co., ROE 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 earnings (loss) attributable to HPE 314 387 642 464 418 501 (304) 409 250 513 2,553 392 259 223 157 9 (821) 333 480 (27) 419 177 (757) 451 778 1,436
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
Profitability Ratio
ROE1 8.33% 8.92% 9.56% 5.23% 5.03% 4.28% 4.37% 18.07% 18.06% 18.29% 17.16% 6.06% 3.91% -2.66% -2.01% 0.01% -0.22% 7.01% 6.14% -1.07% 1.59% 3.55% 8.98%
Benchmarks
ROE, Competitors2
Apple Inc. 135.31% 136.18% 156.08% 157.22% 151.74% 167.77% 196.96% 171.46% 151.24% 139.79% 150.07% 135.04% 110.31% 96.54% 87.87% 80.83% 72.96% 64.25% 61.06%
Arista Networks Inc. 29.20% 29.11% 28.91% 29.22% 29.18% 28.46% 27.68% 26.56% 25.84% 22.46% 21.13% 20.30% 19.70% 19.60% 19.11% 23.10% 24.79% 27.99% 29.71%
Cisco Systems Inc. 29.06% 30.04% 28.44% 27.12% 27.25% 28.56% 29.70% 29.72% 29.94% 26.69% 25.66% 25.41% 25.89% 27.42% 29.57% 30.20% 31.11% 31.95% 34.62%
Super Micro Computer Inc. 23.80% 28.29% 32.45% 33.21% 31.80% 27.33% 20.00% 14.41% 10.53% 9.77% 10.20% 8.65% 8.32% 7.88% 7.91% 8.63% 8.43% 8.12% 7.64%

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
ROE = 100 × (Net earnings (loss) attributable to HPEQ2 2024 + Net earnings (loss) attributable to HPEQ1 2024 + Net earnings (loss) attributable to HPEQ4 2023 + Net earnings (loss) attributable to HPEQ3 2023) ÷ Total HPE stockholders’ equity
= 100 × (314 + 387 + 642 + 464) ÷ 21,680 = 8.33%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Hewlett Packard Enterprise Co. ROE deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.

Return on Assets (ROA)

Hewlett Packard Enterprise Co., ROA 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 earnings (loss) attributable to HPE 314 387 642 464 418 501 (304) 409 250 513 2,553 392 259 223 157 9 (821) 333 480 (27) 419 177 (757) 451 778 1,436
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
Profitability Ratio
ROA1 3.03% 3.26% 3.54% 1.91% 1.84% 1.54% 1.52% 6.46% 6.58% 6.42% 5.94% 1.83% 1.20% -0.81% -0.60% 0.00% -0.06% 2.31% 2.02% -0.37% 0.57% 1.25% 3.44%
Benchmarks
ROA, Competitors2
Apple Inc. 29.75% 28.55% 27.51% 28.28% 28.40% 27.45% 28.29% 29.63% 29.07% 26.38% 26.97% 26.32% 22.63% 18.06% 17.73% 18.41% 17.86% 16.89% 16.32%
Arista Networks Inc. 21.18% 21.69% 20.98% 20.96% 20.88% 20.11% 19.96% 18.90% 17.77% 15.27% 14.66% 14.43% 13.99% 13.82% 13.39% 16.19% 17.36% 19.39% 20.54%
Cisco Systems Inc. 13.29% 13.75% 12.38% 11.76% 11.79% 12.36% 12.57% 12.94% 12.54% 11.87% 10.86% 10.88% 10.60% 11.01% 11.82% 11.80% 12.22% 11.89% 11.88%
Super Micro Computer Inc. 13.55% 14.96% 17.42% 18.39% 18.81% 13.45% 8.90% 5.98% 4.67% 4.56% 4.99% 4.56% 4.67% 4.65% 4.39% 4.57% 4.67% 4.64% 4.27%

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
ROA = 100 × (Net earnings (loss) attributable to HPEQ2 2024 + Net earnings (loss) attributable to HPEQ1 2024 + Net earnings (loss) attributable to HPEQ4 2023 + Net earnings (loss) attributable to HPEQ3 2023) ÷ Total assets
= 100 × (314 + 387 + 642 + 464) ÷ 59,711 = 3.03%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Hewlett Packard Enterprise Co. ROA deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.