HPQ vs. KEYS: HP vs. Keysight Stock Comparison
How do HP (HPQ) and Keysight (KEYS) 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
HP (HPQ) and Keysight (KEYS) both fall under the Technology Hardware & Equipment industry group, but HPQ is classified in Technology Hardware, Storage & Peripherals while KEYS is classified in Electronic Equipment, Instruments & Components.
| Profile Item | HPQ | KEYS |
|---|---|---|
| Name | HP Inc. | Keysight Technologies, 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 | Electronic Equipment, Instruments & Components |
| GICS Sub-Industry | Technology Hardware, Storage & Peripherals | Electronic Equipment & Instruments |
| Market Capitalization | 25.66 billion USD | 46.33 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | October 20, 2014 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HPQ | KEYS |
|---|---|---|
| Total Return (1Y) | 15.35% | 59.88% |
| Total Return (3Y, Annualized) | 6.50% | 33.36% |
| Total Return (5Y, Annualized) | 1.86% | 9.24% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | HPQ | KEYS |
|---|---|---|
| Volatility (1Y, Annualized) | 47.36% | 47.95% |
| Beta (5Y) | 1.18 | 1.22 |
| Max Drawdown (5Y) | -51.23% | -42.62% |
| Avg. Volume (3M) | 14.43M | 1.31M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | HPQ | KEYS |
|---|---|---|
| Sharpe Ratio (1Y) | 0.23 | 1.16 |
| Sortino Ratio (1Y) | 0.38 | 1.82 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Keysight (KEYS) earns 20.90% on shareholders’ equity, ranked against its industry; HP (HPQ) has no ROE this period.
HPQ
Technology Hardware & Equipment industry group
--
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
- HPQ
- --
KEYS
Technology Hardware & Equipment industry group
20.90%
- Max
- 42.47%
- KEYS
- 20.90%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Keysight (KEYS) at 19.14% retains a top-quartile share of revenue as profit, ahead of HP (HPQ) at 4.14%, which keeps about the industry-typical share.
HPQ
Technology Hardware & Equipment industry group
4.14%
- Max
- 27.60%
- Q3
- 11.66%
- HPQ
- 4.14%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
KEYS
Technology Hardware & Equipment industry group
19.14%
- Max
- 27.60%
- KEYS
- 19.14%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Keysight (KEYS) at 25.68% operates in the top operating margin quartile, ahead of HP (HPQ) at 5.40%, which runs around its industry’s norm.
HPQ
Technology Hardware & Equipment industry group
5.40%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- HPQ
- 5.40%
- Q1
- 1.46%
- Min
- -21.39%
KEYS
Technology Hardware & Equipment industry group
25.68%
- Max
- 36.27%
- KEYS
- 25.68%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | HPQ | KEYS |
|---|---|---|
| ROE (TTM) | -- | 20.90% |
| ROA (TTM) | 5.63% | 7.23% |
| Net Margin (TTM) | 4.14% | 19.14% |
| Operating Margin (TTM) | 5.40% | 25.68% |
| Gross Margin (TTM) | 19.66% | 63.28% |
Growth
Revenue Growth
Keysight (KEYS) at 7.95% is around its peer norm for revenue growth, while HP (HPQ) at 3.24% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both HP (HPQ) at -5.69% and Keysight (KEYS) at 39.32% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | HPQ | KEYS |
|---|---|---|
| Revenue Growth (YoY) | 3.24% | 7.95% |
| Revenue Growth (3Y CAGR) | -4.21% | -0.28% |
| EPS Growth (YoY) | -5.69% | 39.32% |
| EPS Growth (3Y CAGR) | -4.58% | -7.51% |
Financial Strength
Current Ratio (MRQ)
Keysight (KEYS) at 2.02 keeps current ratio within its industry’s typical mid-range, while HP (HPQ) at 0.79 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for HPQ.
HPQ
Technology Hardware & Equipment industry group
0.79
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- HPQ
- 0.79
- Min
- 0.17
KEYS
Technology Hardware & Equipment industry group
2.02
- Max
- 5.34
- Q3
- 3.02
- KEYS
- 2.02
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Keysight (KEYS) carries debt-to-equity ratio of 0.42 against its industry range, while HP (HPQ) reports no figure this period.
HPQ
Technology Hardware & Equipment industry group
--
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
- HPQ
- --
KEYS
Technology Hardware & Equipment industry group
0.42
- Max
- 1.76
- Q3
- 0.78
- KEYS
- 0.42
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | HPQ | KEYS |
|---|---|---|
| Current Ratio (MRQ) | 0.79 | 2.02 |
| Debt / Equity (MRQ) | -- | 0.42 |
| Net Debt / EBITDA | 1.33 | 0.09 |
Dividends
Dividend Yield (TTM)
Keysight (KEYS) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile HP (HPQ) reports a yield of 4.04%, ranking against industry peers normally.
HPQ
Technology Hardware & Equipment industry group
4.04%
- HPQ
- 4.04%
- Max
- 0.73%
- Q3
- 0.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
KEYS
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- KEYS
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Keysight (KEYS) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile HP (HPQ) reports a payout of 45.40%, ranking against industry peers normally.
HPQ
Technology Hardware & Equipment industry group
45.40%
- HPQ
- 45.40%
- Max
- 32.27%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
KEYS
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- KEYS
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | HPQ | KEYS |
|---|---|---|
| Dividend Yield (TTM) | 4.04% | 0.00% |
| Dividend Payout Ratio (TTM) | 45.40% | 0.00% |
Valuation
P/E Ratio (TTM)
HP (HPQ) at 10.86 sits in the cheaper P/E ratio quartile, while Keysight (KEYS) at 36.82 is closer to its industry’s usual earnings multiple — a discount for HPQ, though growth and earnings durability still matter.
HPQ
Technology Hardware & Equipment industry group
10.86
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- HPQ
- 10.86
- Min
- 6.07
KEYS
Technology Hardware & Equipment industry group
36.82
- Max
- 69.48
- Q3
- 41.02
- KEYS
- 36.82
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
HP (HPQ) at 0.43 looks cheap on sales in the lower P/S ratio quartile, while Keysight (KEYS) at 7.04 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
HPQ
Technology Hardware & Equipment industry group
0.43
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- HPQ
- 0.43
- Min
- 0.00
KEYS
Technology Hardware & Equipment industry group
7.04
- Max
- 11.30
- KEYS
- 7.04
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
HP (HPQ) reports a negative P/B ratio of -279.02, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Keysight (KEYS) reports 7.05, ranking against industry peers normally.
HPQ
Technology Hardware & Equipment industry group
-279.02
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
- HPQ
- -279.02
KEYS
Technology Hardware & Equipment industry group
7.05
- Max
- 10.75
- KEYS
- 7.05
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | HPQ | KEYS |
|---|---|---|
| P/E Ratio (TTM) | 10.86 | 36.82 |
| P/S Ratio (TTM) | 0.43 | 7.04 |
| P/B Ratio (MRQ) | -279.02 | 7.05 |
| Free Cash Flow Yield (TTM) | 13.21% | 4.03% |