HPE Hewlett Packard Enterprise margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 65

Gross margin

37.9%

Operating margin

7.4%

EBITDA margin

15.7%

Net margin

6.7%

The Hewlett Packard Enterprise shows a gross margin of 37.9%, an operating margin of 7.4%, an EBITDA margin of 15.7%, and a net margin of 6.7%. All reported margins improved year over year, led by gross margin with an increase of 6.9 percentage points.

HPE margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Hewlett Packard Enterprise's margins averaged 34.48% gross, 5.83% operating, 14.38% EBITDA, and 5.27% net. All four current margins are above their three-year averages.

HPE margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 6.9 percentage points, operating margin by 5.1 percentage points, EBITDA margin by 4.2 percentage points, and net margin by 2.9 percentage points, led by gross margin with an increase of 6.9 percentage points.

Gross margin expansion

6.9pp

Operating margin expansion

5.1pp

EBITDA margin expansion

4.2pp

Net margin expansion

2.9pp

HPE Gross margin

Hewlett Packard Enterprise's gross margin averaged 34.48% in the last 3 years. Currently, the current gross margin for Hewlett Packard Enterprise is 37.9%, 3.4 percentage points above its three-year average. Over the last 3 years, Hewlett Packard Enterprise's gross margin peaked at 37.9% in Jul 2026 and reached a low of 31% in Jul 2025.

HPE Operating margin

Over the last 3 years, the average operating margin for Hewlett Packard Enterprise was 5.83%. Hewlett Packard Enterprise's current operating margin is 7.4% and is 1.6 percentage points above its three-year average. Hewlett Packard Enterprise's operating margin ranged from a low of 0.2% in Oct 2025 to a high of 8.9% in Oct 2024.

HPE EBITDA margin

Over the last 3 years, the average EBITDA margin for Hewlett Packard Enterprise was 14.38%. The latest EBITDA margin for Hewlett Packard Enterprise is 15.7%, 1.3 percentage points above its three-year average. Hewlett Packard Enterprise's EBITDA margin ranged from a low of 7.5% in Jan 2026 to a high of 18.7% in Oct 2024.

HPE Net margin

Hewlett Packard Enterprise recorded an average net margin of 5.27% across the last 3 years. Hewlett Packard Enterprise currently reports a net margin of 6.7%, 1.4 percentage points above its three-year average. Over the last 3 years, Hewlett Packard Enterprise's net margin peaked at 9% in Jan 2025 and reached a low of -0.3% in Jan 2026.

HPE margin group comparison

Margins compared with peer-group, industry and sector averages

Hewlett Packard Enterprise's gross margin of 37.9% is lower than the Technology sector and the industry average. In comparison with the Technology sector average of 52%, Hewlett Packard Enterprise's gross margin is 27% lower.

HPE margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Hewlett Packard Enterprise's gross margin?

For the period ending Jul 31, 2026, HPE recorded a gross margin of 37.9%.

What is Hewlett Packard Enterprise's operating margin?

As of Jul 31, 2026, HPE has an operating margin of 7.4%.

What is Hewlett Packard Enterprise's EBITDA margin?

As of Jul 31, 2026, HPE has an EBITDA margin of 15.7%.

What is Hewlett Packard Enterprise's net margin?

For the period ending Jul 31, 2026, HPE recorded a net margin of 6.7%.

What are the average margins of HPE?

The three-year average margins for HPE were 34.5% gross, 5.8% operating, 14.4% EBITDA, and 5.3% net.

What are the highest historical margins of HPE?

Across the 5-year period, HPE posted its highest margins at 37.9% gross in Jul 2026, 14.7% operating in Jul 2022, 23.6% EBITDA in Jul 2022, and 13.3% net in Jul 2022.

What are the lowest historical margins of HPE?

Looking back across 5 years, HPE reached its lowest margins at 31% gross in Jul 2025, 0.2% operating in Oct 2025, 7.5% EBITDA in Jan 2026, and -0.3% net in Jan 2026.