HPE vs NTAP vs SNOW Stock Comparison

Hewlett Packard Enterprise, NetApp and Snowflake Prices as of Oct 27, 2026 Peers: Industry group
NTAP NetApp, Inc.
$227.58 +13.1% 1M +94.2% 1Y
Market cap
$44.61B
P/E
31.5x
Revenue (TTM)
$7.39B
Div. yield
0.91%
Server and Storage Hardware Technology
4 wins
SNOW Snowflake Inc.
$337.43 +0.4% 1M +26.9% 1Y
Market cap
$118.93B
P/E
–
Revenue (TTM)
$5.43B
Div. yield
–
Data Infrastructure Technology
2 wins

Head to Head

12 decided of 12

Hewlett Packard Enterprise leads on 6 of the 12 questions below (Hewlett Packard Enterprise 6, NetApp 4, Snowflake 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHPENTAPSNOWLeader
Larger companyMarket capitalisation $80.80B $44.61B $118.93B SNOW
Cheaper on earningsLower P/E, profitable companies only 29.4x 31.5x -108.0x HPE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.1x 21.7x 157.7x HPE
Faster revenue growthRevenue growth, trailing twelve months +26.6% +12.2% +32.0% SNOW
More profitableNet margin, trailing twelve months 6.6% 19.2% -20.1% NTAP
Better return on capitalReturn on invested capital 5.6% 36.7% — NTAP
Less leveragedLower net debt / EBITDA 2.3x -0.5x — NTAP
Higher dividend yieldTrailing dividend yield 0.93% 0.91% — HPE
Better 1-year returnPrice return, last 12 months +151.6% +94.2% +26.9% HPE
Better 5-year returnAnnualised price return, 5 years +32.8%/yr +20.5%/yr -0.6%/yr HPE
Less volatileAnnualised volatility, 1 year 58.1% 44.8% 63.1% NTAP
Higher overall scoreMean of the five percentile scores vs peers 63/100 57/100 46/100 HPE

Percentile Scorecard

HPENTAPSNOW

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHPENTAPSNOW
Valuation 78 #25 of 112 42 #65 of 112 29 #89 of 124
Growth 92 #10 of 109 52 #53 of 109 68 #37 of 113
Profitability 60 #42 of 104 92 #9 of 104 50 #55 of 109
Financial Health 16 #98 of 116 28 #84 of 116 23 #98 of 127
Shareholder Returns 68 #27 of 81 70 #25 of 81 59 #27 of 65
Overall 63 57 46
  • HPE ranked among 122 companies in Computer Hardware
  • NTAP ranked among 122 companies in Computer Hardware
  • SNOW ranked among 137 companies in Infrastructure Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHPENTAPSNOWSPY
1 month -3.3%+13.1%+0.4% -0.2%
3 months +33.4%+30.4%+24.9% +3.9%
6 months +117.7%+110.2%+136.7% +8.2%
Year to date +153.3%+112.5%+53.8% +12.9%
1 year +151.6%+94.2%+26.9% +12.3%
3 years +300.0%+216.9%+135.3% +87.4%
3 years, per year +58.8%+46.9%+33.0% +23.3%
5 years +312.2%+153.7%-3.0% +67.9%
5 years, per year +32.8%+20.5%-0.6% +10.9%
10 years +371.6%+573.3%— +261.1%
10 years, per year +16.8%+21.0%— +13.7%

Risk

MeasureHPENTAPSNOWSPY
Volatility, 1Y 58.1%44.8%63.1% 12.7%
Downside volatility, 1Y 53.2%38.8%54.8% 12.7%
Beta vs S&P 500, 1Y 2.121.381.34 1.00
Return / volatility, 1Y 2.612.100.43 0.97
Max drawdown, 5Y -48.8%-43.5%-73.0% -25.4%
From 52-week high -17.2%-4.8%-8.5% -1.2%
52-week high $73.46$239.18$368.93 $779.14
52-week low $20.00$94.11$121.11 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHPENTAPSNOW
P/E now vs peer median 29.4xmedian 33.2x 31.5xmedian 33.2x -108.0xmedian 38.6x
P/S now vs peer median 1.9xmedian 2.8x 6.0xmedian 2.8x 21.9xmedian 4.4x
EV/EBITDA now vs peer median 15.6xmedian 20.0x 21.4xmedian 20.0x -148.6xmedian 34.5x
P/FCF now vs peer median 19.4xmedian 29.8x 27.0xmedian 29.8x 99.5xmedian 29.4x
P/B now vs peer median 3.0xmedian 3.0x 29.8xmedian 3.0x 55.3xmedian 3.3x
PEG now vs peer median 0.91median 1.17 3.84median 1.17 18.29median 1.28

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHPENTAPSNOW
Revenue $41.87B $7.39B $5.43B
Gross profit $15.41B $5.22B $3.64B
Operating income $2.60B $1.85B -$1.24B
Net income $2.79B $1.42B -$1.09B
Free cash flow $4.16B $1.65B $1.20B
R&D $3.71B $1.02B $2.11B
EPS (diluted) $1.91 $7.09 $-3.12
Cash & equivalents $6.22B $1.57B $1.71B
Total debt $20.24B $2.49B –
Shares (diluted) 1.45B 200.00M 349.26M
Enterprise value $58.68B $27.42B $106.25B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHPENTAPSNOW
P/E 29.4x 31.5x -108.0x
P/FCF 19.4x 27.0x 99.5x
P/Operating cash flow 12.1x 23.5x 94.9x
P/S 1.9x 6.0x 21.9x
P/B 3.0x 29.8x 55.3x
P/Tangible book 3.8x 30.6x 69.0x
EV/EBITDA 15.6x 21.4x -148.6x
EV/EBIT 36.4x 23.5x -94.3x
EV/Revenue 2.3x 5.9x 21.5x
EV/FCF 22.8x 26.4x 97.5x
EV/Operating cash flow 14.2x 22.9x 93.0x
PEG (3Y EPS CAGR) 0.91 3.84 18.29

Growth

14 metrics
MetricHPENTAPSNOW
Revenue growth (1Y) 26.6% 12.2% 32.0%
Revenue CAGR (3Y) 12.2% 6.0% 30.5%
Gross profit growth (1Y) 71.5% 13.2% 32.9%
Gross profit CAGR (3Y) 13.3% 7.9% 31.0%
Operating income growth (1Y) 885.6% 35.6% 19.7%
Operating income CAGR (3Y) 27.9% 25.3% -7.2%
Net income growth (1Y) 123.6% 21.1% 21.1%
Net income CAGR (3Y) 37.3% 5.5% -8.2%
EPS growth (1Y) 122.2% 22.9% 24.1%
EPS CAGR (3Y) 32.5% 8.2% -5.9%
Operating cash flow growth (1Y) 169.5% 3.2% 49.6%
Operating cash flow CAGR (3Y) 13.1% 14.0% 22.7%
Free cash flow growth (1Y) 1,747% -0.5% 59.1%
Free cash flow CAGR (3Y) 41.5% 15.5% 22.4%

Profitability

14 metrics
MetricHPENTAPSNOW
Gross margin 36.8% 70.6% 67.0%
EBITDA margin 14.5% 27.5% -14.4%
Operating margin 6.2% 25.0% -22.8%
Pretax margin 6.3% 24.7% -19.8%
Net margin 6.6% 19.2% -20.1%
FCF margin 9.9% 22.3% 22.0%
Operating cash flow margin 16.0% 25.7% 23.1%
Return on equity 10.7% 99.6% -53.2%
Return on assets 3.4% 13.1% -12.6%
Return on invested capital 5.6% 36.7% –
Return on capital employed 5.1% 29.4% -25.2%
Asset turnover 0.5x 0.7x 0.6x
Cash conversion (OCF / net income) 2.4x 1.3x -1.1x
Stock comp / revenue 1.9% 5.4% 30.2%

Financial Health

11 metrics
MetricHPENTAPSNOW
Debt / assets 24.2% 22.7% –
Debt / equity 0.8x 1.7x –
Net debt / EBITDA 2.3x -0.5x –
Debt / FCF 4.9x 1.5x –
Liabilities / assets 68.2% 86.4% 75.3%
Equity / assets 31.8% 13.6% 24.7%
Interest coverage – – -148.8x
Current ratio 1.1x 1.2x 0.9x
Quick ratio 0.4x 1.0x 0.8x
Cash ratio 0.2x 0.8x 0.6x
Altman Z-score 1.49 4.21 9.38

Shareholder Returns

7 metrics
MetricHPENTAPSNOW
Dividend yield 0.9% 0.9% –
Net buyback yield 0.7% 1.7% 0.4%
Shareholder yield 1.6% 2.6% 0.4%
Payout ratio (earnings) 26.5% – –
Payout ratio (FCF) 17.8% – –
Dividend growth (1Y) 8.4% – –
Dividend CAGR (3Y) 6.1% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHPENTAPSNOW
Forward P/E 15.1xFY2026 21.7xFY2026 157.7xFY2026
EPS, next fiscal year $4.03FY2026 $10.50FY2026 $2.14FY2026
EPS growth, next FY +107.7%FY2026 +29.2%FY2026 +71.2%FY2026
EPS growth, the year after +19.4% +8.7% +36.9%
Revenue, next fiscal year $49.18BFY2026 $8.49BFY2026 $6.16BFY2026
Revenue growth, next FY +43.4%FY2026 +22.7%FY2026 +31.5%FY2026
Revenue growth, the year after +14.2% +8.6% +41.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHPENTAPSNOW
Held by institutions 88.5% 97.4% 79.8%
Institutions holding 1,439 959 1,459
Change in shares held, QoQ -1.5% -1.0% +9.1%
Institutions buying 870 501 850
Institutions selling 411 336 473
Buyers to sellers 2.12 1.49 1.80

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HPENTAPSNOW
HPE 1.00 0.64 0.18
NTAP 0.64 1.00 0.26
SNOW 0.18 0.26 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HPE, NTAP and SNOW?

Snowflake (SNOW) is the largest by market capitalisation: Hewlett Packard Enterprise (HPE) $80.80B, NetApp (NTAP) $44.61B, Snowflake (SNOW) $118.93B.

Which stock is cheaper, HPE, NTAP and SNOW?

Hewlett Packard Enterprise (HPE) trades on the lowest price-to-earnings ratio (Hewlett Packard Enterprise (HPE) 29.4x, NetApp (NTAP) 31.5x, Snowflake (SNOW) -108.0x). On next year's consensus earnings, Hewlett Packard Enterprise (HPE) is cheapest (Hewlett Packard Enterprise (HPE) 15.1x, NetApp (NTAP) 21.7x, Snowflake (SNOW) 157.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Snowflake (SNOW) grew revenue fastest over the trailing twelve months: Hewlett Packard Enterprise (HPE) +26.6%, NetApp (NTAP) +12.2%, Snowflake (SNOW) +32.0%.

Which company is more profitable?

NetApp (NTAP) has the highest net margin (Hewlett Packard Enterprise (HPE) 6.6%, NetApp (NTAP) 19.2%, Snowflake (SNOW) -20.1%). On return on invested capital, NetApp (NTAP) leads (Hewlett Packard Enterprise (HPE) 5.6%, NetApp (NTAP) 36.7%).

Which stock has performed better?

Over the past year Hewlett Packard Enterprise (HPE) returned the most: Hewlett Packard Enterprise (HPE) +151.6%, NetApp (NTAP) +94.2%, Snowflake (SNOW) +26.9%. Over five years, Hewlett Packard Enterprise (HPE) compounded fastest (Hewlett Packard Enterprise (HPE) +32.8%/yr, NetApp (NTAP) +20.5%/yr, Snowflake (SNOW) -0.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Hewlett Packard Enterprise (HPE) has the highest dividend yield: Hewlett Packard Enterprise (HPE) 0.93%, NetApp (NTAP) 0.91%. Snowflake (SNOW) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, NetApp (NTAP) has been the steadiest (Hewlett Packard Enterprise (HPE) 58.1%, NetApp (NTAP) 44.8%, Snowflake (SNOW) 63.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HPE, NTAP and SNOW?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Hewlett Packard Enterprise (HPE) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.