Dell Technologies (DELL) FCF Margin (2015 - 2026)
Dell Technologies (DELL) posted FCF Margin of 2.1% for Q3 2026, down 70.48% quarter-over-quarter from 7.11% in Q2 2026, and down 417.0% YoY from 0.66% in Q3 2025.
Analysis
Dell Technologies (DELL) FCF Margin (2015 - 2026) Analysis & Trends
Dell Technologies (DELL) has 12 years of FCF Margin data on file, last reported at 2.1% in Q3 2026.
- For the quarter ending Q3 2026, FCF Margin fell 417.0% year-over-year to 2.1%; the trailing twelve-month figure through Jul 2026 stood at 5.66% (up 87.0% YoY), and the FY2026 full-year result was 7.53%, up 558.0% from the prior year.
- FCF Margin was 2.1% for Q3 2026 at Dell Technologies, down from 7.11% 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 4.41% and a median of 3.75% in 2024 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin sank 1387 bps in 2022 and jumped 1247 bps in 2026, its largest moves.
- Dell Technologies' FCF Margin stood at 1.42% in 2022, then jumped by 558 bps to 6.51% in 2023, then tumbled by 42 bps to 3.75% in 2024, then sank by 50 bps to 1.86% in 2025, then increased by 13 bps to 2.1% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 2.1% in Q3 2026, 7.11% in Q2 2026, and 11.84% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 362.97 Bn | 351.40 Bn | 9.83 Bn | 2.10% |
| 2 | Arista Networks | 251.55 Bn | 238.20 Bn | 1.91 Bn | 34.70% |
| 3 | Sandisk | 238.47 Bn | 233.71 Bn | 7.58 Bn | 79.01% |
| 4 | Seagate Technology Holdings | 188.28 Bn | 186.57 Bn | 1.90 Bn | 30.81% |
| 5 | Western Digital | 161.43 Bn | 159.85 Bn | 2.03 Bn | 34.19% |
| 6 | Hewlett Packard Enterprise | 82.45 Bn | 76.23 Bn | 4.93 Bn | 7.34% |
| 7 | NetApp | 39.14 Bn | 35.57 Bn | 1.42 Bn | 19.80% |
| 8 | Everpure | 32.71 Bn | 31.71 Bn | 811.39 Mn | -20.04% |
| 9 | Super Micro Computer | 26.34 Bn | 18.82 Bn | 1.94 Bn | 6.46% |
| 10 | Penguin Solutions | 2.62 Bn | 2.38 Bn | 133.21 Mn | -16.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.10% |
| 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% |