Hewlett Packard Enterprise Co
HPE, HPE-PC · Computer & office Equipment · 1.32B shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: -$7M (gross $421M, SBC $428M)
Reference price $48.50 · est. market cap ~$64.2B — last insider sale, 2026-06-22 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D50Large IT infrastructure vendor with near-zero margins, a collapse in earnings, and weak coverage.
Strengths
- Revenue growth — +13.8% (56th), AI/networking demand
- Positive operating cash flow — OCF margin 8.5%
Risks
- Near-zero profitability — operating margin -1.3%, net margin 0.2%, interest coverage -0.40
- Earnings collapse — net income -97.8% (16th)
- Leverage and weak liquidity — D/E 1.07 (82nd), quick ratio 0.76 (13th)
Notable findings
- No interest coverageInterest coverage -0.40 (cannot cover interest)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Customer concentration~51% of revenue from one customer/distributor — Networking For the fiscal years ended October 31, 2025 2024 2023 2025 vs 2024 % Change Dollars in millions Net revenue $ 6,850 $ 4,532 $ 5,379 51
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Notable holderHeld by 6 notable fund(s): STATE STREET CORP, GOLDMAN SACHS GROUP INC, CITADEL ADVISORS LLC +3 more (as of 2026-03-31)
- Insider sellingInsider selling — 13 open-market sale(s) by 7 insider(s) (cluster of 7 insiders, ~$20M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
-1.3%
Net margin
0.2%
Return on equity
0.2%
Return on assets
0.1%
ROIC
-0.7%
Revenue growth (QoQ)
14.8%
Net-income growth
-97.8%
Debt / equity
1.1×
Net debt / EBITDA
8.9×
Interest coverage
-0.4×
Current ratio
1.0×
EBITDA
$2.3B
Tangible book value
-$5.5B
Cash & investments
$5.8B
Stock comp / revenue
1.9%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-22 | Karros Kirt P | Sell | 19K | $48.50 |
| 2026-06-04 | REINER GARY M | Gift | 1.7K | — |
| 2026-06-03 | REINER GARY M | Sell | 20K | $54.77 |
| 2026-05-20 | Dillow Stacy L | Option exercise | 31K | $33.80 |
| 2026-05-20 | Dillow Stacy L | Tax withheld | 12K | $33.80 |
| 2026-05-05 | Mayer Bethany | Sell | 6.5K | $29.10 |
| 2026-05-05 | MYERS MARIE | Sell | 94K | $30.01 |
| 2026-04-21 | RUSSO FIDELMA | Sell | 17K | $27.97 |
| 2026-04-20 | MacDonald Neil B | Sell | 24K | $27.01 |
| 2026-04-17 | Neri Antonio F | Sell | 150K | $26.50 |
| 2026-04-01 | NOSKI CHARLES H | Option exercise | 14K | $23.98 |
| 2026-04-01 | RUSSO PATRICIA F | Option exercise | 14K | $23.98 |
| 2026-04-01 | DAMELIO FRANK A | Option exercise | 14K | $23.98 |
| 2026-04-01 | Hobby Jean M. | Option exercise | 14K | $23.98 |
| 2026-04-01 | DUGAN REGINA E | Option exercise | 14K | $23.98 |
| 2026-04-01 | Ozzie Raymond E | Option exercise | 14K | $23.98 |
| 2026-04-01 | Mayer Bethany | Option exercise | 14K | $23.98 |
| 2026-04-01 | Carter Pamela L | Option exercise | 14K | $23.98 |
| 2026-04-01 | REINER GARY M | Option exercise | 14K | $23.98 |
| 2026-04-01 | LIVERMORE ANN M | Option exercise | 14K | $23.98 |
| 2026-04-01 | CALDERONI ROBERT | Option exercise | 8.0K | $23.98 |
| 2026-04-01 | Lane Raymond J. | Option exercise | 14K | $23.98 |
| 2026-03-31 | REINER GARY M | Grant | 1.8K | $23.81 |
| 2026-03-31 | Lane Raymond J. | Grant | 1.6K | $23.81 |
| 2026-03-31 | RUSSO PATRICIA F | Grant | 1.8K | $23.81 |
| 2026-03-25 | MacDonald Neil B | Sell | 106K | $25.03 |
| 2026-03-25 | MacDonald Neil B | Sell | 7.1K | $26.00 |
| 2026-03-25 | RUSSO FIDELMA | Sell | 17K | $24.21 |
| 2026-03-25 | RUSSO FIDELMA | Sell | 17K | $25.95 |
| 2026-03-25 | Neri Antonio F | Sell | 180K | $24.79 |
| 2026-03-25 | Neri Antonio F | Sell | 85K | $26.00 |
| 2026-02-20 | rahim rami | Option exercise | 44K | $21.37 |
| 2026-02-20 | rahim rami | Tax withheld | 22K | $21.37 |
| 2026-02-20 | rahim rami | Option exercise | 134K | $21.37 |
| 2026-02-20 | rahim rami | Tax withheld | 66K | $21.37 |
| 2026-01-20 | MYERS MARIE | Tax withheld | 27K | $20.39 |
| 2026-01-20 | MYERS MARIE | Option exercise | 68K | $20.39 |
| 2026-01-20 | MYERS MARIE | Option exercise | 90K | $20.39 |
| 2026-01-20 | MYERS MARIE | Tax withheld | 35K | $20.39 |
| 2025-12-29 | Neri Antonio F | Sell | 26K | $24.49 |
| 2025-12-24 | Karros Kirt P | Sell | 36K | $24.61 |
| 2025-12-15 | MacDonald Neil B | Option exercise | 4.2K | $24.05 |
| 2025-12-15 | MacDonald Neil B | Tax withheld | 4.2K | $24.05 |
| 2025-12-15 | Neri Antonio F | Option exercise | 10K | $24.05 |
| 2025-12-15 | Neri Antonio F | Tax withheld | 10K | $24.05 |
| 2025-12-15 | SCHULTZ JOHN F | Option exercise | 4.3K | $24.05 |
| 2025-12-15 | SCHULTZ JOHN F | Tax withheld | 4.3K | $24.05 |
| 2025-12-15 | REINER GARY M | Grant | 1.4K | $24.05 |
| 2025-12-15 | Lane Raymond J. | Grant | 1.2K | $24.05 |
| 2025-12-15 | RUSSO PATRICIA F | Grant | 1.6K | $24.05 |
| 2025-12-11 | Culloty Maeve C | Sell | 36K | $24.66 |
| 2025-12-11 | RUSSO FIDELMA | Sell | 127K | $24.61 |
| 2025-12-11 | Cox Jeremy | Sell | 13K | $24.68 |
| 2025-12-10 | SCHULTZ JOHN F | Sell | 149K | $24.99 |
| 2025-12-10 | Cox Jeremy | Sell | 13K | $24.75 |
| 2025-12-09 | MacDonald Neil B | Option exercise | 48K | $24.77 |
| 2025-12-09 | MacDonald Neil B | Tax withheld | 24K | $24.77 |
| 2025-12-09 | RUSSO FIDELMA | Option exercise | 48K | $24.77 |
| 2025-12-09 | RUSSO FIDELMA | Tax withheld | 19K | $24.77 |
| 2025-12-09 | MYERS MARIE | Option exercise | 66K | $24.77 |
| 2025-12-09 | MYERS MARIE | Tax withheld | 26K | $24.77 |
| 2025-12-09 | Cox Jeremy | Option exercise | 22K | $24.77 |
| 2025-12-09 | Cox Jeremy | Tax withheld | 8.7K | $24.77 |
| 2025-12-09 | Cox Jeremy | Sell | 50K | $23.70 |
| 2025-12-09 | Culloty Maeve C | Option exercise | 41K | $24.77 |
| 2025-12-09 | Neri Antonio F | Option exercise | 139K | $24.77 |
| 2025-12-09 | Neri Antonio F | Tax withheld | 55K | $24.77 |
| 2025-12-09 | Karros Kirt P | Option exercise | 26K | $24.77 |
| 2025-12-09 | Karros Kirt P | Tax withheld | 13K | $24.77 |
| 2025-12-09 | SCHULTZ JOHN F | Option exercise | 59K | $24.77 |
| 2025-12-09 | SCHULTZ JOHN F | Tax withheld | 23K | $24.77 |
| 2025-12-09 | SCHULTZ JOHN F | Sell | 21K | $23.70 |
| 2025-12-09 | Culloty Maeve C | Tax withheld | 29K | $24.77 |
| 2025-12-08 | Hobby Jean M. | Sell | 29K | $23.79 |
| 2025-12-08 | Culloty Maeve C | Option exercise | 3.3K | $23.86 |
| 2025-12-08 | Culloty Maeve C | Tax withheld | 811 | $23.86 |
| 2025-12-08 | MacDonald Neil B | Option exercise | 48K | $23.86 |
| 2025-12-08 | MacDonald Neil B | Tax withheld | 23K | $23.86 |
| 2025-12-08 | RUSSO FIDELMA | Option exercise | 100K | $23.86 |
| 2025-12-08 | RUSSO FIDELMA | Tax withheld | 42K | $23.86 |
| 2025-12-08 | Cox Jeremy | Option exercise | 22K | $23.86 |
| 2025-12-08 | Cox Jeremy | Tax withheld | 8.7K | $23.86 |
| 2025-12-08 | Neri Antonio F | Option exercise | 160K | $23.86 |
| 2025-12-08 | Neri Antonio F | Tax withheld | 60K | $23.86 |
| 2025-12-08 | Karros Kirt P | Option exercise | 51K | $23.86 |
| 2025-12-08 | Karros Kirt P | Tax withheld | 25K | $23.86 |
| 2025-12-08 | SCHULTZ JOHN F | Option exercise | 68K | $23.86 |
| 2025-12-08 | SCHULTZ JOHN F | Tax withheld | 25K | $23.86 |
| 2025-12-08 | SCHULTZ JOHN F | Sell | 85K | $23.15 |
| 2025-12-07 | Culloty Maeve C | Tax withheld | 1.5K | $23.33 |
| 2025-12-07 | MacDonald Neil B | Option exercise | 52K | $23.33 |
| 2025-12-07 | MacDonald Neil B | Tax withheld | 25K | $23.33 |
| 2025-12-07 | RUSSO FIDELMA | Option exercise | 65K | $23.33 |
| 2025-12-07 | RUSSO FIDELMA | Tax withheld | 26K | $23.33 |
| 2025-12-07 | MYERS MARIE | Grant | 114K | $23.33 |
| 2025-12-07 | MYERS MARIE | Tax withheld | 45K | $23.33 |
| 2025-12-07 | Cox Jeremy | Option exercise | 76K | $23.33 |
| 2025-12-07 | Cox Jeremy | Tax withheld | 26K | $23.33 |
| 2025-12-07 | Neri Antonio F | Option exercise | 168K | $23.33 |
| 2025-12-07 | Neri Antonio F | Tax withheld | 62K | $23.33 |
| 2025-12-07 | Karros Kirt P | Option exercise | 33K | $23.33 |
| 2025-12-07 | Karros Kirt P | Tax withheld | 16K | $23.33 |
| 2025-12-07 | SCHULTZ JOHN F | Option exercise | 71K | $23.33 |
| 2025-12-07 | SCHULTZ JOHN F | Tax withheld | 26K | $23.33 |
| 2025-12-07 | Culloty Maeve C | Option exercise | 6.0K | $23.33 |
| 2025-12-06 | Neri Antonio F | Grant | 192K | $23.33 |
| 2025-12-06 | Neri Antonio F | Grant | 223K | $23.33 |
| 2025-12-06 | Neri Antonio F | Tax withheld | 88K | $23.33 |
| 2025-12-06 | MacDonald Neil B | Tax withheld | 29K | $23.33 |
| 2025-12-06 | MacDonald Neil B | Grant | 70K | $23.33 |
| 2025-12-06 | MacDonald Neil B | Tax withheld | 35K | $23.33 |
| 2025-12-06 | SCHULTZ JOHN F | Tax withheld | 33K | $23.33 |
| 2025-12-06 | SCHULTZ JOHN F | Grant | 94K | $23.33 |
| 2025-12-06 | RUSSO FIDELMA | Grant | 84K | $23.33 |
| 2025-12-06 | RUSSO FIDELMA | Tax withheld | 33K | $23.33 |
| 2025-12-06 | SCHULTZ JOHN F | Tax withheld | 37K | $23.33 |
| 2025-12-06 | Neri Antonio F | Tax withheld | 76K | $23.33 |
| 2025-12-06 | SCHULTZ JOHN F | Grant | 83K | $23.33 |
| 2025-12-06 | MacDonald Neil B | Grant | 58K | $23.33 |
| 2025-09-30 | RUSSO PATRICIA F | Grant | 1.6K | $24.56 |
| 2025-09-30 | REINER GARY M | Grant | 1.4K | $24.56 |
| 2025-09-30 | Lane Raymond J. | Grant | 1.2K | $24.56 |
| 2025-09-23 | Culloty Maeve C | Sell | 3.7K | $25.12 |
| 2025-09-15 | REINER GARY M | Sell | 40K | $24.58 |
| 2025-09-12 | Neri Antonio F | Sell | 167K | $25.03 |
| 2025-09-04 | Neri Antonio F | Sell | 83K | $24.04 |
| 2025-08-28 | Neri Antonio F | Sell | 83K | $23.01 |
| 2025-08-22 | Neri Antonio F | Sell | 167K | $22.52 |
| 2025-07-02 | rahim rami | Gift | 254K | — |
| 2025-07-02 | rahim rami | Gift | 254K | — |
| 2025-07-02 | rahim rami | Option exercise | 124K | $21.25 |
| 2025-07-02 | rahim rami | Tax withheld | 65K | $21.25 |
| 2025-07-02 | rahim rami | Option exercise | 346K | $21.25 |
| 2025-07-02 | rahim rami | Tax withheld | 182K | $21.25 |
| 2025-07-02 | rahim rami | Option exercise | 66K | $21.25 |
| 2025-07-02 | rahim rami | Tax withheld | 35K | $21.25 |
| 2025-06-30 | Lane Raymond J. | Grant | 1.4K | $20.45 |
| 2025-06-30 | RUSSO PATRICIA F | Grant | 1.9K | $20.45 |
| 2025-06-30 | REINER GARY M | Grant | 1.6K | $20.45 |
| 2025-06-30 | Mottram Phil | Sell | 30K | $20.54 |
| 2025-06-27 | Cox Jeremy | Sell | 69K | $18.44 |
| 2025-06-25 | Mottram Phil | Sell | 30K | $18.50 |
| 2025-05-08 | MacDonald Neil B | Sell | 29K | $17.01 |
| 2025-04-20 | Cox Jeremy | Option exercise | 26K | $15.14 |
| 2025-04-20 | Cox Jeremy | Tax withheld | 6.4K | $15.14 |
| 2025-04-04 | Mayer Bethany | Sell | 6.4K | $13.19 |
| 2025-04-02 | Ozzie Raymond E | Option exercise | 14K | $16.12 |
| 2025-04-02 | NOSKI CHARLES H | Option exercise | 14K | $16.12 |
| 2025-04-02 | Mayer Bethany | Option exercise | 14K | $16.12 |
| 2025-04-02 | LIVERMORE ANN M | Option exercise | 14K | $16.12 |
| 2025-04-02 | Hobby Jean M. | Option exercise | 14K | $16.12 |
| 2025-04-02 | DUGAN REGINA E | Option exercise | 14K | $16.12 |
| 2025-04-02 | DAMELIO FRANK A | Option exercise | 14K | $16.12 |
| 2025-04-02 | Carter Pamela L | Option exercise | 14K | $16.12 |
| 2025-04-02 | Lane Raymond J. | Option exercise | 14K | $16.12 |
| 2025-04-02 | RUSSO PATRICIA F | Option exercise | 14K | $16.12 |
| 2025-04-02 | REINER GARY M | Option exercise | 14K | $16.12 |
| 2025-04-01 | RUSSO PATRICIA F | Grant | 2.5K | $15.64 |
| 2025-04-01 | REINER GARY M | Grant | 2.2K | $15.64 |
| 2025-04-01 | Lane Raymond J. | Grant | 1.8K | $15.64 |
| 2025-02-21 | Domenech Daniel P | Option exercise | 2.9K | $21.14 |
| 2025-02-21 | Domenech Daniel P | Tax withheld | 1.2K | $21.14 |
| 2025-01-20 | MYERS MARIE | Option exercise | 67K | $23.14 |
| 2025-01-20 | MYERS MARIE | Tax withheld | 26K | $23.14 |
| 2025-01-20 | MYERS MARIE | Option exercise | 88K | $23.14 |
| 2025-01-20 | MYERS MARIE | Tax withheld | 34K | $23.14 |
| 2025-01-06 | Cox Jeremy | Sell | 12K | $23.00 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (1)
Suppliers (0)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-01 | Material agreementResultsExec/director changeReg FDExhibits | filing ↗ |
| 2026-05-14 | Reg FD | filing ↗ |
| 2026-05-04 | Reg FD | filing ↗ |
| 2026-04-03 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-03-23 | OtherExhibits | filing ↗ |
| 2026-03-18 | OtherExhibits | filing ↗ |
| 2026-03-09 | ResultsReg FD | filing ↗ |
| 2026-02-06 | Exec/director change | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-06-02 | 2026-04-30 | 0001645590-26-000055 ↗ |
| 8-K | 2026-06-01 | 2026-06-01 | 0001645590-26-000052 ↗ |
| 8-K | 2026-05-14 | 2026-05-13 | 0001645590-26-000045 ↗ |
| 8-K | 2026-05-04 | 2026-05-04 | 0001645590-26-000040 ↗ |
| 8-K | 2026-04-03 | 2026-04-01 | 0001645590-26-000036 ↗ |
| 8-K | 2026-03-23 | 2026-03-23 | 0001140361-26-010765 ↗ |
| 8-K | 2026-03-18 | 2026-03-16 | 0001140361-26-010222 ↗ |
| 10-Q | 2026-03-10 | 2026-01-31 | 0001645590-26-000032 ↗ |
| 8-K | 2026-03-09 | 2026-03-09 | 0001645590-26-000028 ↗ |
| 8-K | 2026-02-06 | 2026-02-03 | 0001645590-26-000010 ↗ |
| 8-K | 2026-02-04 | 2026-02-04 | 0001645590-26-000006 ↗ |
| 10-K | 2025-12-18 | 2025-10-31 | 0001645590-25-000130 ↗ |