Dell Technologies (DELL) FCF Margin (2015 - 2026)

Dell Technologies' (DELL) quarterly FCF Margin came in at 7.11% in Q2 2026, down 242.0% YoY from 5.01% in Q2 2025, and down 39.95% on a QoQ basis from 11.84% in Q1 2026.

Dell Technologies (DELL) FCF Margin (2015 - 2026) Analysis & Trends

Dell Technologies (DELL) has 12 years of FCF Margin data on file, last reported at 7.11% in Q2 2026.

  • Quarterly FCF Margin fell 242.0% year-over-year to 7.11% in Q2 2026, while the trailing twelve-month figure through May 2026 was 7.05% (up 327.0% YoY) and the FY2026 annual result came in at 7.53%, up 558.0% from the prior year.
  • FCF Margin fell to 7.11% in Q2 2026, from 11.84% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 11.84% in Q1 2026 to a low of 3.67% in Q2 2022.
  • A 5-year average of 4.54% and a median of 4.45% in 2024 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2022 — FCF Margin tumbled 1387 bps — and 2026, when it surged 1247 bps.
  • Tracing DELL's FCF Margin over 5 years: stood at 1.42% in 2022, then surged by 558 bps to 6.51% in 2023, then slumped by 42 bps to 3.75% in 2024, then plunged by 50 bps to 1.86% in 2025, then surged by 282 bps to 7.11% in 2026.
  • The last three FCF Margin figures came in at 7.11% (Q2 2026), 11.84% (Q1 2026), and 1.86% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 7.11%
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn 60.50%
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn 50.30%
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn 42.83%
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn 29.31%
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn 14.92%
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn 5.25%
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn -64.58%
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn 12.22%
10 IonQ 13.97 Bn 11.94 Bn 15.41 Mn -246.48%

Historic Data

Download Data
DateValue
May 1, 2026 7.11%
Jan 30, 2026 11.84%
Oct 31, 2025 1.86%
Aug 1, 2025 6.27%
May 2, 2025 9.53%
Jan 31, 2025 -0.63%
Nov 1, 2024 3.75%
Aug 2, 2024 2.63%
May 3, 2024 2.01%
Feb 2, 2024 3.61%
Nov 3, 2023 6.51%
Aug 4, 2023 11.29%
May 5, 2023 5.14%
Feb 3, 2023 7.81%
Oct 28, 2022 -1.42%
Jul 29, 2022 -0.31%
Apr 29, 2022 -3.67%
Jan 28, 2022 8.41%
Oct 29, 2021 9.28%
Jul 30, 2021 4.52%