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DELL · NYSE

Dell Technologies Inc.

Computer Hardware · United States

USD 568.06-3.5% daily changeQuote 2026-09-18 · USD
Market cap (USD)
US$361.18B
Trailing P/E
33.01x
Forward P/E
19.53x
Quarterly revenue growth
57.7%
Trailing net margin
7.5%
Indicated dividend yield
0.4%

Snapshot 2026-09-20 · Latest financial period 2026-07-31 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-27 (provider estimate, not issuer-confirmed).

Company background

Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG) segments. The ISG segment provides modern and traditional storage solutions, including all-flash, purpose-built, hyper-converged infrastructure, software-defined storage, and general-purpose and AI-optimized servers. This segment also offers networking products and services comprising wide area network infrastructure, data center and edge networking switches, and cables and optics that help its business customers to transform and modernize their infrastructure and complementing its server and storage solutions; and software, peripherals, and services, including consulting and support, and deployment. The CSG segment provides notebooks, desktops, and workstations and branded peripherals that include displays, docking stations, keyboards, mice, webcam and audio devices, and third-party software and peripherals; and configuration, and extended warranties services. The company is involved in originating, collecting, and servicing customer financing arrangements and offers payment and consumption solutions and services, such utility, subscription, as-a-service, leases, and loans, as well as fixed-term leases and loans. It serves enterprises, governmental agencies and other public institutions, educational institutions, healthcare organizations, small and medium-sized businesses, and consumers. The company has a strategic alliance with Rafay Systems for the development of AI infrastructure solutions. The company was formerly known as Denali Holding Inc. and changed its name to Dell Technologies Inc. in March 2013. Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas.

Company website

Q2 FY2027

Go beyond the headline.

DELL Stock: Revenue +58%, But Free Cash Flow Fell 47% (Dell Q2 FY2027 Earnings)

Published 2026-09-03

Comparable businesses

DELL peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricDELLDell Technologies Inc.Snapshot 2026-09-20Financial period: 2026-07-31ANETArista Networks, Inc.Snapshot 2026-09-20Financial period: 2026-06-30HPQHP Inc.Snapshot 2026-09-20Financial period: 2026-07-31
Market capMarket value, converted to USDUS$361.18BUS$251.48BUS$31.02B
Forward P/EProvider forward earnings estimate19.53x38.64x10.96x
EV / EBITDAEnterprise value / trailing EBITDA21.71x51.33x8.02x
Revenue growthLatest quarter vs prior-year quarter57.7%37.7%12.5%
Operating marginLatest reported quarter12.0%45.4%5.4%
Free cash flow yieldTrailing cash flow / market cap1.7%1.5%10.9%
Net debt / EBITDANet debt / trailing EBITDA1.34x-2.88x1.33x
Debt / equityTotal debt / positive book equity
Trailing P/ETrailing twelve-month earnings33.01x63.30x13.13x
Price / bookPrice / positive book equity per share16.99x
EV / salesEnterprise value / trailing revenue2.55x22.59x0.63x
Earnings growthLatest quarter vs prior-year quarter272.9%35.7%-11.3%
Gross marginTrailing twelve months19.9%63.0%19.7%
Net marginTrailing twelve months7.5%38.4%4.1%
Return on equityProvider trailing return; positive equity only31.5%
Free cash flow marginTrailing free cash flow / revenue4.0%36.9%5.7%
Dividend yieldIndicated annual dividend / price0.4%3.5%
Earnings payoutProvider trailing dividend payout13.4%0.0%45.4%
Current ratioCurrent assets / current liabilities0.96x2.96x0.79x
BetaProvider historical market sensitivity1.411.621.21

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

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Market context

Valuation & price history

Adjusted closing price

Price history

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for DELL

All available reporting periods
Q2 FY20272026-09-03

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.