Hewlett Packard Enterprise (HPE) Stock Analysis

November 11, 2026

This is a peer-relative look at Hewlett Packard Enterprise (HPE): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Technology Hardware & Equipment peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Hewlett Packard Enterprise (HPE)
Profile Item	HPE
Name	Hewlett Packard Enterprise Company
Country/Region	United States
GICS Sector	Information Technology
GICS Industry Group	Technology Hardware & Equipment
GICS Industry	Technology Hardware, Storage & Peripherals
GICS Sub-Industry	Technology Hardware, Storage & Peripherals
Market Capitalization	59.43 billion USD
Currency	USD
Exchange	NYSE
Listing Date	October 19, 2015
Security Type	Common Stock

Price Performance

Cumulative Growth

HPE

GSPC

Hewlett Packard Enterprise (HPE) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Hewlett Packard Enterprise (HPE) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Hewlett Packard Enterprise (HPE) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Hewlett Packard Enterprise (HPE) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: HPE	Industry group median
Total Return (1Y)	110.12%	19.81%
Total Return (3Y, Annualized)	49.38%	26.50%
Total Return (5Y, Annualized)	28.98%	9.52%

Risk Profile

Drawdown History

HPE

GSPC

Hewlett Packard Enterprise (HPE) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Hewlett Packard Enterprise (HPE) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Hewlett Packard Enterprise (HPE) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: HPE	Industry group median
Volatility (1Y, Annualized)	61.60%	55.75%
Beta (5Y)	1.49	1.39
Max Drawdown (5Y)	-48.36%	-58.83%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. HPE is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Hewlett Packard Enterprise (HPE) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: HPE	Industry group median
Sharpe Ratio (1Y)	1.72	0.28
Sortino Ratio (1Y)	2.76	0.40

Profitability

ROE (TTM)

Hewlett Packard Enterprise (HPE) posts ROE of 10.94%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

HPE

Technology Hardware & Equipment industry group

10.94%

Group distribution

Max: 42.47%
Q3: 19.13%
Median: 11.00%
HPE: 10.94%
Q1: 1.63%
Min: -20.62%

Largest peers

AAPL: 142.26%
SNDK: 141.17%
APH: 40.08%
ANET: 33.52%
CSCO: 27.32%
HPE: 10.94%
DELL: --

Where Hewlett Packard Enterprise (HPE) stands on ROE within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Hewlett Packard Enterprise (HPE) keeps 6.67% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

HPE

Technology Hardware & Equipment industry group

6.67%

Group distribution

Max: 27.60%
Q3: 11.66%
HPE: 6.67%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

Largest peers

SNDK: 67.04%
ANET: 39.97%
AAPL: 27.60%
CSCO: 20.95%
APH: 17.95%
DELL: 7.53%
HPE: 6.67%

Where Hewlett Packard Enterprise (HPE) stands on net margin within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Hewlett Packard Enterprise (HPE) turns 12.56% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

HPE

Technology Hardware & Equipment industry group

12.56%

Group distribution

Max: 36.27%
Q3: 18.36%
HPE: 12.56%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

Largest peers

SNDK: 79.59%
ANET: 44.90%
AAPL: 31.13%
APH: 29.68%
CSCO: 27.72%
HPE: 12.56%
DELL: 12.02%

Where Hewlett Packard Enterprise (HPE) stands on operating margin within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Hewlett Packard Enterprise (HPE) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: HPE	Industry group median
ROE (TTM)	10.94%	11.00%
ROA (TTM)	2.64%	4.78%
Net Margin (TTM)	6.67%	4.08%
Operating Margin (TTM)	12.56%	8.84%
Gross Margin (TTM)	36.62%	39.87%

Growth

Revenue Growth

Hewlett Packard Enterprise (HPE) grew revenue 13.84%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

Hewlett Packard Enterprise (HPE): Revenue Growth across different time periods, set against Technology Hardware & Equipment industry-group medians.

EPS Growth

Hewlett Packard Enterprise (HPE) grew earnings per share -102.07%, in the lower peer quartile. Per-share profits are advancing more slowly than at most peers, so margins, costs, or share count deserve a closer look.

Hewlett Packard Enterprise (HPE): EPS Growth across different time periods, set against Technology Hardware & Equipment industry-group medians.

Growth Metrics

Hewlett Packard Enterprise (HPE) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: HPE	Industry group median
Revenue Growth (YoY)	13.84%	10.87%
Revenue Growth (3Y CAGR)	6.37%	2.79%
EPS Growth (YoY)	-102.07%	14.29%
EPS Growth (3Y CAGR)	--	3.49%

Financial Strength

Current Ratio (MRQ)

Hewlett Packard Enterprise (HPE) has current ratio of 1.11, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

HPE

Technology Hardware & Equipment industry group

1.11

Group distribution

Max: 5.34
Q3: 3.02
Median: 1.95
Q1: 1.32
HPE: 1.11
Min: 0.17

Largest peers

ANET: 3.29
SNDK: 2.58
APH: 1.94
HPE: 1.11
AAPL: 1.02
DELL: 0.96
CSCO: 0.93

Where Hewlett Packard Enterprise (HPE) stands on current ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Hewlett Packard Enterprise (HPE) has debt-to-equity ratio of 0.76, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

HPE

Technology Hardware & Equipment industry group

0.76

Group distribution

Max: 1.76
Q3: 0.78
HPE: 0.76
Median: 0.24
Q1: 0.04
Min: 0.01

Largest peers

APH: 1.03
AAPL: 0.84
HPE: 0.76
CSCO: 0.62
SNDK: 0.01
ANET: --
DELL: --

Where Hewlett Packard Enterprise (HPE) stands on debt-to-equity ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Hewlett Packard Enterprise (HPE) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: HPE	Industry group median
Current Ratio (MRQ)	1.11	1.95
Debt / Equity (MRQ)	0.76	0.24
Net Debt / EBITDA	2.05	0.16

Dividends

Dividend Yield (TTM)

Hewlett Packard Enterprise (HPE) has dividend yield of 1.26%, above the entire industry range. That headline income is large, but yields this far above peers often come from a falling share price or an at-risk payout, so dividend safety matters more than the percentage itself.

HPE

Technology Hardware & Equipment industry group

1.26%

Group distribution

HPE: 1.26%
Max: 0.73%
Q3: 0.31%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

CSCO: 1.73%
HPE: 1.26%
DELL: 0.73%
APH: 0.70%
AAPL: 0.31%
ANET: 0.00%
SNDK: 0.00%

Where Hewlett Packard Enterprise (HPE) stands on dividend yield within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Hewlett Packard Enterprise (HPE) has payout ratio of 28.74%, above the industry’s usual payout band. A larger share of earnings is going to dividends, so the cushion narrows if profit weakens.

HPE

Technology Hardware & Equipment industry group

28.74%

Group distribution

Max: 32.27%
HPE: 28.74%
Q3: 14.48%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

CSCO: 49.85%
HPE: 28.74%
APH: 21.74%
DELL: 13.43%
AAPL: 11.80%
ANET: 0.00%
SNDK: 0.00%

Where Hewlett Packard Enterprise (HPE) stands on payout ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Hewlett Packard Enterprise (HPE) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: HPE	Industry group median
Dividend Yield (TTM)	1.26%	0.00%
Dividend Payout Ratio (TTM)	28.74%	0.00%

Valuation

P/E Ratio (TTM)

Hewlett Packard Enterprise (HPE) trades at P/E ratio of 23.08, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

HPE

Technology Hardware & Equipment industry group

23.08

Group distribution

Max: 69.48
Q3: 41.02
Median: 26.39
HPE: 23.08
Q1: 19.36
Min: 6.07

Largest peers

ANET: 45.79
AAPL: 38.13
APH: 32.43
CSCO: 28.18
HPE: 23.08
DELL: 19.10
SNDK: 6.67

Where Hewlett Packard Enterprise (HPE) stands on P/E ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Hewlett Packard Enterprise (HPE) trades at 1.42 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

HPE

Technology Hardware & Equipment industry group

1.42

Group distribution

Max: 11.30
Q3: 5.82
Median: 2.56
HPE: 1.42
Q1: 1.05
Min: 0.00

Largest peers

ANET: 18.15
AAPL: 10.39
CSCO: 5.84
APH: 5.57
SNDK: 4.10
HPE: 1.42
DELL: 1.38

Where Hewlett Packard Enterprise (HPE) stands on P/S ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Hewlett Packard Enterprise (HPE) trades at 2.24 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

HPE

Technology Hardware & Equipment industry group

2.24

Group distribution

Max: 10.75
Q3: 5.52
Median: 3.17
HPE: 2.24
Q1: 1.79
Min: 0.33

Largest peers

AAPL: 44.39
ANET: 13.12
APH: 10.75
CSCO: 7.36
SNDK: 6.63
HPE: 2.24
DELL: -147.32

Where Hewlett Packard Enterprise (HPE) stands on P/B ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Hewlett Packard Enterprise (HPE) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: HPE	Industry group median
P/E Ratio (TTM)	23.08	26.39
P/S Ratio (TTM)	1.42	2.56
P/B Ratio (MRQ)	2.24	3.17
Free Cash Flow Yield (TTM)	7.97%	2.83%