/
HP is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming and other related technologies.
$26.30
+$0.26 (+1.00%)
Last close via Marketstack
Operating margin is thin at 5.74%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 3.2%, steady but not accelerating. Free cash flow declined 11% despite revenue growth, conversion is weakening.
Free cash flow declined 11% versus the prior year, cash generation momentum has weakened. ROIC dropped from 30.77% to 28.00%, capital efficiency is deteriorating.
9.7x earnings, 6.4x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$57.42B
▲ +3.2% YoY
Net Income (TTM)
$2.55B
▼ -8.9% YoY
Op. Margin
5.31%
▼ -1.4pp YoY
ROIC
27.50%
▼ -2.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$3.78B
▼ -11.3% YoY
Op. Cash Flow (TTM)
$4.59B
▼ -1.4% YoY
Net Debt
$7.16B
Cash & Equiv.
$3.70B
5Y CAGR: -0.5%
5Y CAGR: -5.6%
Continue Research