Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It focuses on premium and commercial personal computers, as well as enterprise on-premises data center hardware.
It is a $372B technology company. Revenue grew 49.0% over the last year, it keeps 8¢ of every dollar of sales as profit, and its net debt equals ~2.3 years of free cash flow. It trades at 32.7× earnings — near the highest of its own history.
- Website
- dell.com
- Location
- Round Rock, TX
- Employees
- 97 000
- Sector
- Technology
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong profitability and quality; Valuation, Health and Moat lag behind.
Valuation37
- P/E vs own history97th pct · 0/25
- FCF yield2.3% · 5/25
- P/S2.5x · 20/25
- EV/EBITDA23.9x · 12/25
Growth57
- Revenue CAGR2.9% · 6/25
- Net income CAGR1.6% · 6/25
- EPS CAGR ~5Y12.9% · 20/25
- Fwd implied growth71.1% · 25/25
Profitability75
- ROIC33.9% · 25/25
- ROE130.7% · 25/25
- Net margin7.5% · 13/25
- Operating margin9.4% · 12/25
Health36
- Altman Zn/a · 0/25
- Current ratio0.96 · 6/25
- Interest coverage7.3x · 18/25
- Net cash / debtD/A 20% · 12/25
Quality82
- Piotroski F7/9 · 22/25
- Beneish M-2.24 · 20/25
- FCF conversion75% · 15/25
- Margin stabilityσ 4.3% · 25/25
Moat49
- ROIC >12% years5/10 yrs · 13/25
- Median gross margin22.9% · 6/25
- FCF-positive years10/10 yrs · 25/25
- Worst-year net marginworst -4.7% · 5/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2026FinancialBest year on record$5.94B net income
- FY2022FinancialRevenue crossed $100B$101B for the year
- FY2020FinancialTurned profitable$4.62B net income after a loss year
- FY2017FinancialRevenue already above $50B$61.6B in first reported year
- FY2017FinancialPositive free cash flow every year since10-year streak
- 2015AcquisitionDell acquired the enterprise technology firm EMC Corporation, together becoming divisions of Dell Technologies
- 2009AcquisitionDell was a pure hardware vendor until 2009 when it acquired Perot Systems
- 2006AcquisitionUnder Rollins, Dell purchased the computer hardware manufacturer Alienware in 2006
- 2002AcquisitionWhen Compaq merged with Hewlett-Packard (the fourth-place PC maker), the newly combined Hewlett-Packard…
- 2001MilestoneThe company rose rapidly during the 1990s and in 2001 became the largest global PC vendor for the first time
- 1993ProductAfter discontinuing its unsuccessful existing products in 1993
- 1989ProductThe company launched its first laptop product, the Dell 316LT
- Jun 22, 1988IPOThe company went public on NASDAQ under the ticker symbol DELL
- 1987MilestoneThe company was renamed Dell Computer Corporation and began expanding globally
- 1985ProductPC's Limited launched its first computer — the Turbo PC — priced at US$795 ( )
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Revenue growing 49.0% year over year
- Interest covered 7.3× by operating earnings
- High returns on invested capital (ROIC 33.9%)
- Piotroski F-Score 7/9 — fundamentally strong checklist
Watch-outs
- Loss-making in 3 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+49.0% YoY
- Profitable — makes more than it spends$11.4B TTM
- Profit growing — earnings are higher than last year+38.8% YoY
- Generates cash — cash left after running and investing$8.56B TTM
- Debt under control — could handle its obligations~2.3y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$372B market cap
- Not printing shares — share count not ballooning — you keep your slice-10.7% shares over ~5y
- Proven track record — years of profitability behind it7/10 profitable years
- Financially stable — balance sheet not near distresshealth score 24/100
- Pays a dividend — returns cash to shareholdersyield 0.42%
- Valuation not extreme — price not wildly above earningsP/E 32.7
Peer comparisonDell Technologies Inc. vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| DELL this company | $372.3B | 32.7 | +49.0% | 7.5% | Strained |
| NVDA Nvidia Corp | $5.5T | 28.6 | +83.4% | 63.7% | Mixed |
| AAPL Apple Inc. | $4.9T | 38.1 | +14.2% | 27.6% | Strong |
| GOOGL Alphabet Inc. | $4.3T | 17.6 | +20.1% | 54.8% | Mixed |
| MSFT Microsoft Corp | $4.0T | 29.7 | +17.8% | 40.3% | Strong |
| SPCX Space Exploration Technologies Corp. | $2.1T | — | +33.2% | -34.0% | Strained |
| META Meta Platforms, Inc. | $1.8T | 26.9 | +27.7% | 29.8% | Mixed |
Head-to-head: DELL vs NVDA · DELL vs AAPL · DELL vs GOOGL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2017–FY2026. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/DELL
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of DELL on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $585.50 · market cap $372B.