Analysis of Reportable Segments
Hewlett Packard Enterprise Co. operates in 6 segments: Compute; High Performance Computing & Artificial Intelligence (HPC & AI); Storage; Intelligent Edge; Financial Services (FS); and Corporate Investments and Other.
Segment Profit Margin
Hewlett Packard Enterprise Co., profit margin by reportable segment
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Compute | 13.72% | 13.97% | 10.79% | 8.20% | 12.52% | — |
| High Performance Computing & Artificial Intelligence (HPC & AI) | 1.20% | 0.34% | 7.34% | 9.18% | 12.24% | — |
| Storage | 9.72% | 14.48% | 16.33% | 17.35% | 19.20% | — |
| Intelligent Edge | 27.27% | 14.94% | 15.21% | 11.80% | 7.42% | — |
| Financial Services (FS) | 9.11% | 11.95% | 11.47% | 8.47% | 8.66% | — |
| Corporate Investments and Other | -13.76% | -7.33% | -7.01% | -15.87% | -24.38% | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Compute | Compute segment profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
| High Performance Computing & Artificial Intelligence (HPC & AI) | High Performance Computing & Artificial Intelligence (HPC & AI) segment profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. | |
| Storage | Storage segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023. | |
| Intelligent Edge | Intelligent Edge segment profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. | |
| Financial Services (FS) | Financial Services (FS) segment profit margin ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. | |
| Corporate Investments and Other | Corporate Investments and Other segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Profit Margin: Compute
Hewlett Packard Enterprise Co.; Compute; segment profit margin calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Earnings (loss) from operations | 1,569) | 1,780) | 1,326) | 1,007) | 1,719) | —) |
| Net revenue | 11,436) | 12,742) | 12,292) | 12,285) | 13,730) | —) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 13.72% | 13.97% | 10.79% | 8.20% | 12.52% | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment profit margin = 100 × Earnings (loss) from operations ÷ Net revenue
= 100 × 1,569 ÷ 11,436 = 13.72%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Compute | Compute segment profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
Segment Profit Margin: High Performance Computing & Artificial Intelligence (HPC & AI)
Hewlett Packard Enterprise Co.; High Performance Computing & Artificial Intelligence (HPC & AI); segment profit margin calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Earnings (loss) from operations | 47) | 11) | 234) | 285) | 365) | —) |
| Net revenue | 3,913) | 3,192) | 3,188) | 3,105) | 2,983) | —) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 1.20% | 0.34% | 7.34% | 9.18% | 12.24% | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment profit margin = 100 × Earnings (loss) from operations ÷ Net revenue
= 100 × 47 ÷ 3,913 = 1.20%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | High Performance Computing & Artificial Intelligence (HPC & AI) | High Performance Computing & Artificial Intelligence (HPC & AI) segment profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
Segment Profit Margin: Storage
Hewlett Packard Enterprise Co.; Storage; segment profit margin calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Earnings (loss) from operations | 429) | 682) | 778) | 813) | 1,009) | —) |
| Net revenue | 4,415) | 4,711) | 4,763) | 4,685) | 5,255) | —) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 9.72% | 14.48% | 16.33% | 17.35% | 19.20% | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment profit margin = 100 × Earnings (loss) from operations ÷ Net revenue
= 100 × 429 ÷ 4,415 = 9.72%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Storage | Storage segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Profit Margin: Intelligent Edge
Hewlett Packard Enterprise Co.; Intelligent Edge; segment profit margin calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Earnings (loss) from operations | 1,419) | 549) | 500) | 337) | 216) | —) |
| Net revenue | 5,204) | 3,674) | 3,287) | 2,855) | 2,913) | —) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 27.27% | 14.94% | 15.21% | 11.80% | 7.42% | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment profit margin = 100 × Earnings (loss) from operations ÷ Net revenue
= 100 × 1,419 ÷ 5,204 = 27.27%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Intelligent Edge | Intelligent Edge segment profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Segment Profit Margin: Financial Services (FS)
Hewlett Packard Enterprise Co.; Financial Services (FS); segment profit margin calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Earnings (loss) from operations | 317) | 399) | 390) | 284) | 310) | —) |
| Net revenue | 3,480) | 3,339) | 3,401) | 3,352) | 3,581) | —) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 9.11% | 11.95% | 11.47% | 8.47% | 8.66% | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment profit margin = 100 × Earnings (loss) from operations ÷ Net revenue
= 100 × 317 ÷ 3,480 = 9.11%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Financial Services (FS) | Financial Services (FS) segment profit margin ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Segment Profit Margin: Corporate Investments and Other
Hewlett Packard Enterprise Co.; Corporate Investments and Other; segment profit margin calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Earnings (loss) from operations | (172) | (92) | (95) | (206) | (314) | —) |
| Net revenue | 1,250) | 1,255) | 1,356) | 1,298) | 1,288) | —) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | -13.76% | -7.33% | -7.01% | -15.87% | -24.38% | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment profit margin = 100 × Earnings (loss) from operations ÷ Net revenue
= 100 × -172 ÷ 1,250 = -13.76%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Corporate Investments and Other | Corporate Investments and Other segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Return on Assets (Segment ROA)
Hewlett Packard Enterprise Co., ROA by reportable segment
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Compute | 9.73% | 10.55% | 8.18% | 6.73% | — | — |
| High Performance Computing & Artificial Intelligence (HPC & AI) | 0.81% | 0.18% | 3.48% | 4.56% | — | — |
| Storage | 5.96% | 9.09% | 10.96% | 12.63% | — | — |
| Intelligent Edge | 26.51% | 11.94% | 11.27% | 7.74% | — | — |
| Financial Services (FS) | 2.18% | 2.69% | 2.61% | 1.92% | — | — |
| Corporate Investments and Other | -12.28% | -8.30% | -7.86% | -18.33% | — | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Compute | Compute segment ROA improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
| High Performance Computing & Artificial Intelligence (HPC & AI) | High Performance Computing & Artificial Intelligence (HPC & AI) segment ROA deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. | |
| Storage | Storage segment ROA deteriorated from 2021 to 2022 and from 2022 to 2023. | |
| Intelligent Edge | Intelligent Edge segment ROA improved from 2021 to 2022 and from 2022 to 2023. | |
| Financial Services (FS) | Financial Services (FS) segment ROA improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. | |
| Corporate Investments and Other | Corporate Investments and Other segment ROA deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment ROA: Compute
Hewlett Packard Enterprise Co.; Compute; segment ROA calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Earnings (loss) from operations | 1,569) | 1,780) | 1,326) | 1,007) | 1,719) | —) |
| Assets | 16,120) | 16,872) | 16,208) | 14,962) | —) | —) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 9.73% | 10.55% | 8.18% | 6.73% | — | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment ROA = 100 × Earnings (loss) from operations ÷ Assets
= 100 × 1,569 ÷ 16,120 = 9.73%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Compute | Compute segment ROA improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
Segment ROA: High Performance Computing & Artificial Intelligence (HPC & AI)
Hewlett Packard Enterprise Co.; High Performance Computing & Artificial Intelligence (HPC & AI); segment ROA calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Earnings (loss) from operations | 47) | 11) | 234) | 285) | 365) | —) |
| Assets | 5,787) | 5,986) | 6,726) | 6,245) | —) | —) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 0.81% | 0.18% | 3.48% | 4.56% | — | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment ROA = 100 × Earnings (loss) from operations ÷ Assets
= 100 × 47 ÷ 5,787 = 0.81%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | High Performance Computing & Artificial Intelligence (HPC & AI) | High Performance Computing & Artificial Intelligence (HPC & AI) segment ROA deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
Segment ROA: Storage
Hewlett Packard Enterprise Co.; Storage; segment ROA calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Earnings (loss) from operations | 429) | 682) | 778) | 813) | 1,009) | —) |
| Assets | 7,195) | 7,506) | 7,097) | 6,438) | —) | —) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 5.96% | 9.09% | 10.96% | 12.63% | — | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment ROA = 100 × Earnings (loss) from operations ÷ Assets
= 100 × 429 ÷ 7,195 = 5.96%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Storage | Storage segment ROA deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment ROA: Intelligent Edge
Hewlett Packard Enterprise Co.; Intelligent Edge; segment ROA calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Earnings (loss) from operations | 1,419) | 549) | 500) | 337) | 216) | —) |
| Assets | 5,352) | 4,597) | 4,435) | 4,352) | —) | —) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 26.51% | 11.94% | 11.27% | 7.74% | — | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment ROA = 100 × Earnings (loss) from operations ÷ Assets
= 100 × 1,419 ÷ 5,352 = 26.51%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Intelligent Edge | Intelligent Edge segment ROA improved from 2021 to 2022 and from 2022 to 2023. |
Segment ROA: Financial Services (FS)
Hewlett Packard Enterprise Co.; Financial Services (FS); segment ROA calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Earnings (loss) from operations | 317) | 399) | 390) | 284) | 310) | —) |
| Assets | 14,539) | 14,837) | 14,951) | 14,765) | —) | —) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 2.18% | 2.69% | 2.61% | 1.92% | — | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment ROA = 100 × Earnings (loss) from operations ÷ Assets
= 100 × 317 ÷ 14,539 = 2.18%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Financial Services (FS) | Financial Services (FS) segment ROA improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Segment ROA: Corporate Investments and Other
Hewlett Packard Enterprise Co.; Corporate Investments and Other; segment ROA calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Earnings (loss) from operations | (172) | (92) | (95) | (206) | (314) | —) |
| Assets | 1,401) | 1,108) | 1,209) | 1,124) | —) | —) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | -12.28% | -8.30% | -7.86% | -18.33% | — | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment ROA = 100 × Earnings (loss) from operations ÷ Assets
= 100 × -172 ÷ 1,401 = -12.28%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Corporate Investments and Other | Corporate Investments and Other segment ROA deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover
Hewlett Packard Enterprise Co., asset turnover by reportable segment
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Compute | 0.71 | 0.76 | 0.76 | 0.82 | — | — |
| High Performance Computing & Artificial Intelligence (HPC & AI) | 0.68 | 0.53 | 0.47 | 0.50 | — | — |
| Storage | 0.61 | 0.63 | 0.67 | 0.73 | — | — |
| Intelligent Edge | 0.97 | 0.80 | 0.74 | 0.66 | — | — |
| Financial Services (FS) | 0.24 | 0.23 | 0.23 | 0.23 | — | — |
| Corporate Investments and Other | 0.89 | 1.13 | 1.12 | 1.15 | — | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Compute | Compute segment asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
| High Performance Computing & Artificial Intelligence (HPC & AI) | High Performance Computing & Artificial Intelligence (HPC & AI) segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. | |
| Storage | Storage segment asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. | |
| Intelligent Edge | Intelligent Edge segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. | |
| Financial Services (FS) | Financial Services (FS) segment asset turnover ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. | |
| Corporate Investments and Other | Corporate Investments and Other segment asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Segment Asset Turnover: Compute
Hewlett Packard Enterprise Co.; Compute; segment asset turnover calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 11,436) | 12,742) | 12,292) | 12,285) | 13,730) | —) |
| Assets | 16,120) | 16,872) | 16,208) | 14,962) | —) | —) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 0.71 | 0.76 | 0.76 | 0.82 | — | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment asset turnover = Net revenue ÷ Assets
= 11,436 ÷ 16,120 = 0.71
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Compute | Compute segment asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover: High Performance Computing & Artificial Intelligence (HPC & AI)
Hewlett Packard Enterprise Co.; High Performance Computing & Artificial Intelligence (HPC & AI); segment asset turnover calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 3,913) | 3,192) | 3,188) | 3,105) | 2,983) | —) |
| Assets | 5,787) | 5,986) | 6,726) | 6,245) | —) | —) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 0.68 | 0.53 | 0.47 | 0.50 | — | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment asset turnover = Net revenue ÷ Assets
= 3,913 ÷ 5,787 = 0.68
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | High Performance Computing & Artificial Intelligence (HPC & AI) | High Performance Computing & Artificial Intelligence (HPC & AI) segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover: Storage
Hewlett Packard Enterprise Co.; Storage; segment asset turnover calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 4,415) | 4,711) | 4,763) | 4,685) | 5,255) | —) |
| Assets | 7,195) | 7,506) | 7,097) | 6,438) | —) | —) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 0.61 | 0.63 | 0.67 | 0.73 | — | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment asset turnover = Net revenue ÷ Assets
= 4,415 ÷ 7,195 = 0.61
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Storage | Storage segment asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover: Intelligent Edge
Hewlett Packard Enterprise Co.; Intelligent Edge; segment asset turnover calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 5,204) | 3,674) | 3,287) | 2,855) | 2,913) | —) |
| Assets | 5,352) | 4,597) | 4,435) | 4,352) | —) | —) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 0.97 | 0.80 | 0.74 | 0.66 | — | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment asset turnover = Net revenue ÷ Assets
= 5,204 ÷ 5,352 = 0.97
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Intelligent Edge | Intelligent Edge segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover: Financial Services (FS)
Hewlett Packard Enterprise Co.; Financial Services (FS); segment asset turnover calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 3,480) | 3,339) | 3,401) | 3,352) | 3,581) | —) |
| Assets | 14,539) | 14,837) | 14,951) | 14,765) | —) | —) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 0.24 | 0.23 | 0.23 | 0.23 | — | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment asset turnover = Net revenue ÷ Assets
= 3,480 ÷ 14,539 = 0.24
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Financial Services (FS) | Financial Services (FS) segment asset turnover ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Segment Asset Turnover: Corporate Investments and Other
Hewlett Packard Enterprise Co.; Corporate Investments and Other; segment asset turnover calculation
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 1,250) | 1,255) | 1,356) | 1,298) | 1,288) | —) |
| Assets | 1,401) | 1,108) | 1,209) | 1,124) | —) | —) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 0.89 | 1.13 | 1.12 | 1.15 | — | — |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
1 2023 Calculation
Segment asset turnover = Net revenue ÷ Assets
= 1,250 ÷ 1,401 = 0.89
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Corporate Investments and Other | Corporate Investments and Other segment asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Net revenue
Hewlett Packard Enterprise Co., net revenue by reportable segment
US$ in millions
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Compute | 11,436) | 12,742) | 12,292) | 12,285) | 13,730) | —) |
| High Performance Computing & Artificial Intelligence (HPC & AI) | 3,913) | 3,192) | 3,188) | 3,105) | 2,983) | —) |
| Storage | 4,415) | 4,711) | 4,763) | 4,685) | 5,255) | —) |
| Intelligent Edge | 5,204) | 3,674) | 3,287) | 2,855) | 2,913) | —) |
| Financial Services (FS) | 3,480) | 3,339) | 3,401) | 3,352) | 3,581) | —) |
| Corporate Investments and Other | 1,250) | 1,255) | 1,356) | 1,298) | 1,288) | —) |
| Total | 29,698) | 28,913) | 28,287) | 27,580) | 29,750) | —) |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
Earnings (loss) from operations
Hewlett Packard Enterprise Co., earnings (loss) from operations by reportable segment
US$ in millions
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Compute | 1,569) | 1,780) | 1,326) | 1,007) | 1,719) | —) |
| High Performance Computing & Artificial Intelligence (HPC & AI) | 47) | 11) | 234) | 285) | 365) | —) |
| Storage | 429) | 682) | 778) | 813) | 1,009) | —) |
| Intelligent Edge | 1,419) | 549) | 500) | 337) | 216) | —) |
| Financial Services (FS) | 317) | 399) | 390) | 284) | 310) | —) |
| Corporate Investments and Other | (172) | (92) | (95) | (206) | (314) | —) |
| Total | 3,609) | 3,329) | 3,133) | 2,520) | 3,305) | —) |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).
Assets
Hewlett Packard Enterprise Co., assets by reportable segment
US$ in millions
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | Oct 31, 2018 | |
|---|---|---|---|---|---|---|
| Compute | 16,120) | 16,872) | 16,208) | 14,962) | —) | —) |
| High Performance Computing & Artificial Intelligence (HPC & AI) | 5,787) | 5,986) | 6,726) | 6,245) | —) | —) |
| Storage | 7,195) | 7,506) | 7,097) | 6,438) | —) | —) |
| Intelligent Edge | 5,352) | 4,597) | 4,435) | 4,352) | —) | —) |
| Financial Services (FS) | 14,539) | 14,837) | 14,951) | 14,765) | —) | —) |
| Corporate Investments and Other | 1,401) | 1,108) | 1,209) | 1,124) | —) | —) |
| Corporate and unallocated assets | 6,759) | 6,217) | 7,073) | 6,129) | —) | —) |
| Total | 57,153) | 57,123) | 57,699) | 54,015) | —) | —) |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).