HPE vs. LITE: Hewlett Packard Enterprise vs. Lumentum Stock Comparison
How do Hewlett Packard Enterprise (HPE) and Lumentum (LITE) 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 Lumentum (LITE) both fall under the Technology Hardware & Equipment industry group, but HPE is classified in Technology Hardware, Storage & Peripherals while LITE is classified in Communications Equipment.
| Profile Item | HPE | LITE |
|---|---|---|
| Name | Hewlett Packard Enterprise Company | Lumentum Holdings Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Technology Hardware, Storage & Peripherals | Communications Equipment |
| GICS Sub-Industry | Technology Hardware, Storage & Peripherals | Communications Equipment |
| Market Capitalization | 59.43 billion USD | 48.84 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | October 19, 2015 | July 23, 2015 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HPE | LITE |
|---|---|---|
| Total Return (1Y) | 110.12% | 150.31% |
| Total Return (3Y, Annualized) | 49.38% | 147.76% |
| Total Return (5Y, Annualized) | 28.98% | 45.47% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | HPE | LITE |
|---|---|---|
| Volatility (1Y, Annualized) | 61.60% | 101.27% |
| Beta (5Y) | 1.49 | 1.73 |
| Max Drawdown (5Y) | -48.36% | -66.48% |
| Avg. Volume (3M) | 20.47M | 5.27M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | HPE | LITE |
|---|---|---|
| Sharpe Ratio (1Y) | 1.72 | 1.44 |
| Sortino Ratio (1Y) | 2.76 | 2.14 |
Profitability
ROE (TTM)
Lumentum (LITE) reports a negative ROE of -245.79%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Hewlett Packard Enterprise (HPE) reports 10.94%, ranking against industry peers normally.
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%
LITE
Technology Hardware & Equipment industry group
-245.79%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
- LITE
- -245.79%
Net Margin (TTM)
Lumentum (LITE) reports a negative net margin of -175.78%, usually indicating a net loss over the period. Meanwhile Hewlett Packard Enterprise (HPE) reports 6.67%, ranking against industry peers normally.
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%
LITE
Technology Hardware & Equipment industry group
-175.78%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
- LITE
- -175.78%
Operating Margin (TTM)
Lumentum (LITE) at 27.95% operates in the top operating margin quartile, ahead of Hewlett Packard Enterprise (HPE) at 12.56%, which runs around its industry’s norm.
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%
LITE
Technology Hardware & Equipment industry group
27.95%
- Max
- 36.27%
- LITE
- 27.95%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | HPE | LITE |
|---|---|---|
| ROE (TTM) | 10.94% | -245.79% |
| ROA (TTM) | 2.64% | 9.19% |
| Net Margin (TTM) | 6.67% | -175.78% |
| Operating Margin (TTM) | 12.56% | 27.95% |
| Gross Margin (TTM) | 36.62% | 47.98% |
Growth
Revenue Growth
Lumentum (LITE) at 83.22% 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.
EPS Growth
Neither side shows strong earnings momentum: Hewlett Packard Enterprise (HPE) at -102.07% sits in the bottom EPS growth quartile, and Lumentum (LITE) at -25,224.32% is weaker still, below its industry range.
Growth Metrics
| Metric | HPE | LITE |
|---|---|---|
| Revenue Growth (YoY) | 13.84% | 83.22% |
| Revenue Growth (3Y CAGR) | 6.37% | 19.48% |
| EPS Growth (YoY) | -102.07% | -25,224.32% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Lumentum (LITE) at 1.61 keeps current ratio within its industry’s typical mid-range, while Hewlett Packard Enterprise (HPE) at 1.11 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for HPE.
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
LITE
Technology Hardware & Equipment industry group
1.61
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- LITE
- 1.61
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Both Hewlett Packard Enterprise (HPE) at 0.76 and Lumentum (LITE) at 0.31 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
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
LITE
Technology Hardware & Equipment industry group
0.31
- Max
- 1.76
- Q3
- 0.78
- LITE
- 0.31
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | HPE | LITE |
|---|---|---|
| Current Ratio (MRQ) | 1.11 | 1.61 |
| Debt / Equity (MRQ) | 0.76 | 0.31 |
| Net Debt / EBITDA | 2.05 | -0.48 |
Dividends
Dividend Yield (TTM)
Lumentum (LITE) 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%
LITE
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- LITE
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Lumentum (LITE) 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%
LITE
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- LITE
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | HPE | LITE |
|---|---|---|
| Dividend Yield (TTM) | 1.26% | 0.00% |
| Dividend Payout Ratio (TTM) | 28.74% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Hewlett Packard Enterprise (HPE) trades at 23.08 times trailing earnings, ranked against its peers, while Lumentum (LITE) has no P/E ratio this period.
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
LITE
Technology Hardware & Equipment industry group
--
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
- LITE
- --
P/S Ratio (TTM)
Hewlett Packard Enterprise (HPE) at 1.42 prices around its industry’s typical P/S ratio, while Lumentum (LITE) at 13.05 clears its benchmark range — LITE 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
LITE
Technology Hardware & Equipment industry group
13.05
- LITE
- 13.05
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
Hewlett Packard Enterprise (HPE) at 2.24 is valued about in line with its industry on P/B ratio, while Lumentum (LITE) at 10.67 carries an above-peer premium to book — LITE is pricier on assets.
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
LITE
Technology Hardware & Equipment industry group
10.67
- Max
- 10.75
- LITE
- 10.67
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | HPE | LITE |
|---|---|---|
| P/E Ratio (TTM) | 23.08 | -- |
| P/S Ratio (TTM) | 1.42 | 13.05 |
| P/B Ratio (MRQ) | 2.24 | 10.67 |
| Free Cash Flow Yield (TTM) | 7.97% | 0.29% |