Homepage

Dell Technologies Inc.

DELL NYSE Categories PDF
Technology · Computer Hardware · United States · Updated Apr 28, 7:56am
$215.97
Price
$145.8B
Market Cap
108,000
Employees
0.95
Beta
Michael Saul Dell
CEO
Business Description

Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports information technology (IT) solutions, products, and services worldwide. The company operates through three segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The ISG segment provides traditional and next-generation storage solutions; and rack, blade, tower, and hyperscale servers. This segment also offers networking products and services that help its business customers to transform and modernize their infrastructure, mobilize and enrich end-user experiences, and accelerate business applications and processes; attached software and peripherals; and support and deployment, configuration, and extended warranty services. The CSG segment provides desktops, workstations, and notebooks; displays and projectors; attached and third-party software and peripherals, as well as support and deployment, configuration, and extended warranty services. The VMware segment supports customers in the areas of hybrid and multi-cloud, modern applications, networking, security, and digital workspaces, helping customers to manage IT resource across private clouds and complex multi-cloud, multi-device environments. Dell Technologies Inc. also provides information security; and cloud software and infrastructure-as-a-service solutions that enable customers to migrate, run, and manage mission-critical applications in cloud-based IT environments. The company was formerly known as Denali Holding Inc. and changed its name to Dell Technologies Inc. in August 2016. Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas.

Business History
Price Overview
Last updated: Apr 29, 2026 6:22am (just now)
$205.93
-10.04 (-4.65%)
Day Range
$201.56 – $210.51
52-Week Range
$86.76 – $221.50
50-Day MA
$162.66
200-Day MA
$140.14
Volume
4,417,158.00
Analyst Price Targets
Low $101.00
Consensus $168.50
High $215.00
(71 analysts)
Share Structure
Outstanding 675,001,776.00
Float 616,095,046.00
Free Float 91.3%
High free float — 91.3% of shares trade freely, ~8.7% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
Industry comparison last run: Apr 13, 2026 4:53pm
P/E Ratio (Price per dollar of earnings)
API
Stock Price / EPS (Diluted)
22.61
Stock Price: $215.97
EPS (Diluted): 8.96
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
-30.70
Stock Price: $215.97
Total Equity: -$2.47B
Shares: 683,871,000
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
17.35
Market Cap: $145.78B
Total Debt: $31.50B
Cash: $11.53B
EBITDA: $11.85B
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$95.8B
Market Cap: $145.78B
Total Debt: $31.50B
Cash: $11.53B
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
20.0%
Gross Profit: $22.71B
Revenue: $113.54B
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
7.4%
Operating Income: $8.45B
Revenue: $113.54B
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
5.2%
Net Income: $5.94B
Revenue: $113.54B
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
-218.2%
Net Income: $5.94B
Total Equity: -$2.47B
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
14.6%
Operating Income: $8.45B
Tax Rate: 18.3%
Equity: -$2.47B
Total Debt: $31.50B
Cash: $11.53B
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
0.91
Current Assets: $57.60B
Current Liabilities: $63.27B
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
-12.75
Short-Term Debt: $7.99B
Long-Term Debt: $23.51B
Total Debt: $31.50B
Total Equity: -$2.47B
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$166.02
Revenue: $113.54B
Shares: 683,871,000
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$-3.61
Total Equity: -$2.47B
Shares: 683,871,000
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$12.51
Operating CF: $11.19B
CapEx: -$2.63B
Shares: 683,871,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
1.9%
Last Dividend: N/A
Stock Price: $215.97
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $5.94B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares DELL against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis
Last run: Apr 13, 2026 4:55:04 pm

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
Not applicable for Mature Earner companies
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
Not applicable for Mature Earner companies
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
Not applicable for Mature Earner companies
4h Dividend Discount Model — For dividend/income stocks only
Not applicable for Mature Earner companies
4i Book Value Analysis — For deep value / turnaround stocks only
Not applicable for Mature Earner companies
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
Not applicable for Mature Earner companies
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Metric 2022 2023 2024 2025 2026
Revenue $101.2B $102.3B $88.4B $95.6B $113.5B
Cost of Revenue $79.3B $79.6B $67.4B $74.3B $90.8B
Gross Profit $21.9B $22.7B $21.1B $21.3B $22.7B
Operating Expenses $17.2B $16.9B $15.7B $15.0B $14.3B
Operating Income $4.7B $5.8B $5.4B $6.2B $8.4B
Net Income $5.6B $2.4B $3.4B $4.6B $5.9B
EBITDA $12.0B $7.7B $8.9B $9.6B $11.9B
EPS $7.30 $3.33 $4.71 $6.51 $8.96
EPS (Diluted) — — — — —
Balance Sheet (Annual)
Metric 2022 2023 2024 2025 2026
Cash & Equivalents $9.5B $8.6B $7.4B $3.6B $11.5B
Total Current Assets $45.0B $42.4B $36.0B $36.2B $57.6B
Total Assets $92.7B $89.6B $82.1B $79.7B $101.3B
Current Liabilities $56.2B $51.7B $48.4B $46.5B $63.3B
Long-Term Debt $21.1B $23.0B $19.0B $19.4B $23.5B
Total Liabilities $94.3B $92.6B $84.3B $81.1B $103.8B
Total Equity -$1.7B -$3.1B -$2.2B -$1.5B -$2.5B
Retained Earnings -$8.2B -$6.7B -$4.5B -$1.2B $3.3B
Cash Flow (Annual)
Metric 2022 2023 2024 2025 2026
Operating Cash Flow $10.3B $3.6B $8.7B $4.5B $11.2B
Capital Expenditure -$2.8B -$3.0B -$2.8B -$2.7B -$2.6B
Free Cash Flow $7.5B $562.0M $5.9B $1.9B $8.6B
Acquisitions (net) $3.9B -$70.0M -$126.0M $0 $449.0M
Debt Repayment — — — — —
Dividends Paid — — — — —
Stock Buybacks -$1.8B -$3.3B -$2.5B -$3.2B -$6.0B
Net Change in Cash -$5.1B -$1.2B -$1.4B -$3.7B $7.9B
Analyst Estimates (Annual)
Metric 2027 2028 2029 2030
Revenue $139.0B
$135.9B – $141.9B
 $154.2B
$138.7B – $164.6B
 $164.4B
$163.0B – $165.8B
 $192.3B
$178.9B – $209.7B
EBITDA $13.9B
$13.6B – $14.2B
 $15.4B
$13.8B – $16.4B
 $16.4B
$16.3B – $16.5B
 $19.2B
$17.8B – $20.9B
Net Income $8.2B
$7.4B – $9.0B
 $9.5B
$8.2B – $10.8B
 $11.7B
$11.3B – $12.1B
 $14.4B
$13.1B – $16.1B
EPS — — — —
Growth Trends (YoY %)
Metric 2023 2024 2025 2026
Revenue Growth +1.1% -13.6% +8.1% +18.8%
Gross Profit Growth +3.6% -7.1% +0.9% +6.9%
Operating Income Growth +23.9% -6.2% +15.3% +35.4%
Net Income Growth -56.1% +38.7% +35.5% +29.3%
EBITDA Growth -36.2% +16.0% +7.8% +23.7%
Insider Trading (Recent)
Date Insider Type Shares Price Value
2026-04-16 SLTA V (GP), L.L.C. M-Exempt 203,583.00 $0.00 $0
2026-04-16 SLTA V (GP), L.L.C. M-Exempt 198,319.00 $0.00 $0
2026-04-16 SLTA V (GP), L.L.C. M-Exempt 110,200.00 $0.00 $0
2026-04-16 SLTA V (GP), L.L.C. M-Exempt 2,996.00 $0.00 $0
2026-04-16 SLTA V (GP), L.L.C. M-Exempt 198,319.00 $0.01 $1,983
2026-04-16 SLTA V (GP), L.L.C. M-Exempt 203,583.00 $0.01 $2,036
2026-04-16 SLTA V (GP), L.L.C. M-Exempt 110,200.00 $0.01 $1,102
2026-04-16 SLTA V (GP), L.L.C. S-Sale 135,097.00 $176.50 $23.8M
2026-04-16 SLTA V (GP), L.L.C. M-Exempt 1,351.00 $0.00 $0
2026-04-16 SLTA V (GP), L.L.C. S-Sale 155,479.00 $176.50 $27.4M
2026-04-16 SLTA V (GP), L.L.C. S-Sale 80,077.00 $176.50 $14.1M
2026-04-16 SLTA V (GP), L.L.C. S-Sale 7,000.00 $193.58 $1.4M
2026-04-16 SLTA V (GP), L.L.C. M-Exempt 2,996.00 $0.01 $30
2026-04-16 SLTA V (GP), L.L.C. M-Exempt 1,351.00 $0.01 $14
2026-04-16 SLTA V (GP), L.L.C. S-Sale 1,351.00 $176.50 $238,452
2026-04-16 SLTA V (GP), L.L.C. J-Other 66,885.00 $0.01 $669
2026-04-15 SLTA V (GP), L.L.C. M-Exempt 248,365.00 $0.00 $0
2026-04-15 SLTA V (GP), L.L.C. M-Exempt 241,941.00 $0.00 $0
2026-04-15 SLTA V (GP), L.L.C. M-Exempt 134,439.00 $0.00 $0
2026-04-15 SLTA V (GP), L.L.C. M-Exempt 3,654.00 $0.00 $0
Dividend History (Last 20)
Date Dividend Declaration Record Payment
2026-04-21 $0.63 2026-02-26 2026-04-21 2026-05-01
2026-01-20 $0.53 2025-12-04 2026-01-20 2026-01-30
2025-10-21 $0.53 2025-09-04 2025-10-21 2025-10-31
2025-07-22 $0.53 2025-06-17 2025-07-22 2025-08-01
2025-04-22 $0.53 2025-02-27 2025-04-22 2025-05-02
2025-01-22 $0.45 2024-12-03 2025-01-22 2025-01-31
2024-10-22 $0.45 2024-09-18 2024-10-22 2024-11-01
2024-07-23 $0.45 2024-06-11 2024-07-23 2024-08-02
2024-04-22 $0.45 2024-02-29 2024-04-23 2024-05-03
2024-01-22 $0.37 2023-12-05 2024-01-23 2024-02-02
2023-10-23 $0.37 2023-09-28 2023-10-24 2023-11-03
2023-07-24 $0.37 2023-06-16 2023-07-25 2023-08-04
2023-04-24 $0.37 2023-03-02 2023-04-25 2023-05-05
2023-01-24 $0.33 2022-12-06 2023-01-25 2023-02-03
2022-10-18 $0.33 2022-09-06 2022-10-19 2022-10-28
2022-07-19 $0.33 2022-06-07 2022-07-20 2022-07-29
2022-04-19 $0.33 2022-02-24 2022-04-20 2022-04-29
Community AI Feedback
Sign in to Contribute
No community reviews yet for DELL. Be the first — export the analysis to your AI and contribute back.
My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.160 · 51706a6 · 2026-04-27 18:34:15