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| Date | Value |
|---|---|
| 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% |