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HPE vs. IONQ: Hewlett Packard Enterprise vs. IonQ Stock Comparison

How do Hewlett Packard Enterprise (HPE) and IonQ (IONQ) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Hewlett Packard Enterprise (HPE) and IonQ (IONQ) are both classified in the Technology Hardware, Storage & Peripherals sub-industry within the broader Technology Hardware, Storage & Peripherals industry, placing them in the closest GICS peer bucket.

Company profile comparison for Hewlett Packard Enterprise (HPE) and IonQ (IONQ)
Profile ItemHPEIONQ
NameHewlett Packard Enterprise CompanyIonQ, Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & PeripheralsTechnology Hardware, Storage & Peripherals
GICS Sub-IndustryTechnology Hardware, Storage & PeripheralsTechnology Hardware, Storage & Peripherals
Market Capitalization59.43 billion USD15.16 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateOctober 19, 2015January 4, 2021
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

HPE
IONQ
GSPC
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Hewlett Packard Enterprise (HPE) vs. IonQ (IONQ), with S&P 500 (GSPC) for reference: 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 IonQ (IONQ). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Hewlett Packard Enterprise (HPE) and IonQ (IONQ). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Hewlett Packard Enterprise (HPE) and IonQ (IONQ)
MetricHPEIONQ
Total Return (1Y)110.12%-40.10%
Total Return (3Y, Annualized)49.38%46.76%
Total Return (5Y, Annualized)28.98%9.52%

Risk Profile

Drawdown History

HPE
IONQ
GSPC
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Hewlett Packard Enterprise (HPE) vs. IonQ (IONQ), with S&P 500 (GSPC) for reference: 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 IonQ (IONQ). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Hewlett Packard Enterprise (HPE) and IonQ (IONQ)
MetricHPEIONQ
Volatility (1Y, Annualized)61.60%94.72%
Beta (5Y)1.493.33
Max Drawdown (5Y)-48.36%-90.00%
Avg. Volume (3M)20.47M22.02M

Risk-Adjusted Performance

Risk-Return Positioning

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HPE and IONQ are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Hewlett Packard Enterprise (HPE) and IonQ (IONQ)
MetricHPEIONQ
Sharpe Ratio (1Y)1.72-0.47
Sortino Ratio (1Y)2.76-0.74

Profitability

ROE (TTM)

Both Hewlett Packard Enterprise (HPE) at 10.94% and IonQ (IONQ) at 6.90% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

HPE

Technology Hardware & Equipment industry group

10.94%

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

IONQ

Technology Hardware & Equipment industry group

6.90%

Max
42.47%
Q3
19.13%
Median
11.00%
IONQ
6.90%
Q1
1.63%
Min
-20.62%
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Hewlett Packard Enterprise (HPE) vs. IonQ (IONQ): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

IonQ (IONQ) at 67.09% converts revenue to bottom-line profit above its industry’s benchmark range, while Hewlett Packard Enterprise (HPE) at 6.67% keeps roughly the typical share for its industry.

HPE

Technology Hardware & Equipment industry group

6.67%

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

IONQ

Technology Hardware & Equipment industry group

67.09%

IONQ
67.09%
Max
27.60%
Q3
11.66%
Median
4.08%
Q1
0.00%
Min
-11.02%
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Hewlett Packard Enterprise (HPE) vs. IonQ (IONQ): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

IonQ (IONQ) reports a negative operating margin of -249.14%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Hewlett Packard Enterprise (HPE) reports 12.56%, ranking against industry peers normally.

HPE

Technology Hardware & Equipment industry group

12.56%

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

IONQ

Technology Hardware & Equipment industry group

-249.14%

Max
36.27%
Q3
18.36%
Median
8.84%
Q1
1.46%
Min
-21.39%
IONQ
-249.14%
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Hewlett Packard Enterprise (HPE) vs. IonQ (IONQ): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Hewlett Packard Enterprise (HPE) and IonQ (IONQ)
MetricHPEIONQ
ROE (TTM)10.94%6.90%
ROA (TTM)2.64%-12.60%
Net Margin (TTM)6.67%67.09%
Operating Margin (TTM)12.56%-249.14%
Gross Margin (TTM)36.62%24.67%

Growth

Revenue Growth

IonQ (IONQ) at 201.85% clears its industry range for revenue growth, far stronger top-line momentum than Hewlett Packard Enterprise (HPE) at 13.84%, which is closer to a typical peer reading.

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Hewlett Packard Enterprise (HPE) vs. IonQ (IONQ): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Hewlett Packard Enterprise (HPE) reports EPS growth of -102.07%, ranked against its industry; IonQ (IONQ) has no EPS growth figure this period.

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Hewlett Packard Enterprise (HPE) vs. IonQ (IONQ): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Hewlett Packard Enterprise (HPE) and IonQ (IONQ)
MetricHPEIONQ
Revenue Growth (YoY)13.84%201.85%
Revenue Growth (3Y CAGR)6.37%126.89%
EPS Growth (YoY)-102.07%--
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

IonQ (IONQ) at 4.24 carries current ratio above its industry’s typical mid-range, while Hewlett Packard Enterprise (HPE) at 1.11 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

HPE

Technology Hardware & Equipment industry group

1.11

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

IONQ

Technology Hardware & Equipment industry group

4.24

Max
5.34
IONQ
4.24
Q3
3.02
Median
1.95
Q1
1.32
Min
0.17
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Hewlett Packard Enterprise (HPE) vs. IonQ (IONQ): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

IonQ (IONQ) at 0.01 keeps leverage in the lower industry quartile, while Hewlett Packard Enterprise (HPE) at 0.76 runs a more typical debt-to-equity mix.

HPE

Technology Hardware & Equipment industry group

0.76

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

IONQ

Technology Hardware & Equipment industry group

0.01

Max
1.76
Q3
0.78
Median
0.24
Q1
0.04
IONQ
0.01
Min
0.01
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Hewlett Packard Enterprise (HPE) vs. IonQ (IONQ): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Hewlett Packard Enterprise (HPE) and IonQ (IONQ)
MetricHPEIONQ
Current Ratio (MRQ)1.114.24
Debt / Equity (MRQ)0.760.01
Net Debt / EBITDA2.05--

Dividends

Dividend Yield (TTM)

IonQ (IONQ) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Hewlett Packard Enterprise (HPE) reports a yield of 1.26%, ranking against industry peers normally.

HPE

Technology Hardware & Equipment industry group

1.26%

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

IONQ

Technology Hardware & Equipment industry group

0.00%

Max
0.73%
Q3
0.31%
IONQ
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Hewlett Packard Enterprise (HPE) vs. IonQ (IONQ): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

IonQ (IONQ) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Hewlett Packard Enterprise (HPE) reports a payout of 28.74%, ranking against industry peers normally.

HPE

Technology Hardware & Equipment industry group

28.74%

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

IONQ

Technology Hardware & Equipment industry group

0.00%

Max
32.27%
Q3
14.48%
IONQ
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Hewlett Packard Enterprise (HPE) vs. IonQ (IONQ): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Hewlett Packard Enterprise (HPE) and IonQ (IONQ)
MetricHPEIONQ
Dividend Yield (TTM)1.26%0.00%
Dividend Payout Ratio (TTM)28.74%0.00%

Valuation

P/E Ratio (TTM)

IonQ (IONQ) at 18.86 sits in the cheaper P/E ratio quartile, while Hewlett Packard Enterprise (HPE) at 23.08 is closer to its industry’s usual earnings multiple — a discount for IONQ, though growth and earnings durability still matter.

HPE

Technology Hardware & Equipment industry group

23.08

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

IONQ

Technology Hardware & Equipment industry group

18.86

Max
69.48
Q3
41.02
Median
26.39
Q1
19.36
IONQ
18.86
Min
6.07
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Hewlett Packard Enterprise (HPE) vs. IonQ (IONQ): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

Hewlett Packard Enterprise (HPE) at 1.42 prices around its industry’s typical P/S ratio, while IonQ (IONQ) at 39.84 clears its benchmark range — IONQ looks notably rich on sales.

HPE

Technology Hardware & Equipment industry group

1.42

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

IONQ

Technology Hardware & Equipment industry group

39.84

IONQ
39.84
Max
11.30
Q3
5.82
Median
2.56
Q1
1.05
Min
0.00
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Hewlett Packard Enterprise (HPE) vs. IonQ (IONQ): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Hewlett Packard Enterprise (HPE) at 2.24 and IonQ (IONQ) at 2.67 are valued close to their industries’ norm against book — neither stands out from peers.

HPE

Technology Hardware & Equipment industry group

2.24

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

IONQ

Technology Hardware & Equipment industry group

2.67

Max
10.75
Q3
5.52
Median
3.17
IONQ
2.67
Q1
1.79
Min
0.33
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Hewlett Packard Enterprise (HPE) vs. IonQ (IONQ): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Hewlett Packard Enterprise (HPE) and IonQ (IONQ)
MetricHPEIONQ
P/E Ratio (TTM)23.0818.86
P/S Ratio (TTM)1.4239.84
P/B Ratio (MRQ)2.242.67
Free Cash Flow Yield (TTM)7.97%-2.81%