Hewlett Packard Enterprise Co (HPE)
Net profit margin
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,025,000 | 868,000 | 3,427,000 | -322,000 | 1,049,000 |
| Revenue | US$ in thousands | 29,135,000 | 28,496,000 | 27,784,000 | 26,982,000 | 29,135,000 |
| Net profit margin | 6.95% | 3.05% | 12.33% | -1.19% | 3.60% |
October 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $2,025,000K ÷ $29,135,000K
= 6.95%
The net profit margin of Hewlett Packard Enterprise Co has experienced fluctuating trends over the past five years. In 2023, the net profit margin stood at 6.95%, marking a significant increase from the previous year's 3.05%. This improvement indicates a positive shift in the company's ability to convert revenue into profit. However, it is important to note that the net profit margin was notably higher at 12.33% in 2021, suggesting a potential decline in profitability in 2020 when the margin was negative at -1.19%. The company's ability to generate profits relative to its revenue has shown variability, reflecting the impact of internal and external factors on its financial performance. Further analysis of the contributing factors behind these fluctuations would provide a deeper understanding of the company's profitability.
Peer comparison
Oct 31, 2023