Dell Technologies (DELL) FCF Margin (2015 - 2026)
Dell Technologies (DELL) reported FCF Margin of 2.10% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 4.17 percentage points from 6.27% a year earlier and down 5.01 percentage points from the prior quarter.
Dell Technologies (DELL) FCF Margin (2015 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Dell Technologies' FCF Margin came in at 5.66%, up 0.87 percentage points year-over-year; for FY2026 (ended Jan 30, 2026), it came in at 7.53%, up 5.58 percentage points from FY2025.
- FCF Margin has a five-year change of -3.23 percentage points (FY2021 to FY2026).
- By fiscal year, FCF Margin came in at 1.96% in FY2025 (-4.74 pp), 6.69% in FY2024 (+6.15 pp), 0.55% in FY2023 (-6.87 pp) and 7.42% in FY2022 (-3.34 pp).
- Five-year quarterly FCF Margin spans a low of -3.67% in fiscal Q1 2023 and a high of 11.84% in fiscal Q4 2026.
- Year over year, FCF Margin gained in three of the last eight quarters, with an average year-over-year change of +1.02 percentage points.
- The high point for year-over-year FCF Margin in five years was fiscal Q4 2026 (a gain of 12.47 percentage points); the low point was fiscal Q4 2022 (a drop of 13.87 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 7.11% (Q1 2027), 11.84% (Q4 2026) and 1.86% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 29.17% |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 28.96% |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 2.10% |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 34.70% |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 79.01% |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 30.81% |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 34.19% |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 6.96% |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 19.50% |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 7.34% |
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% |
Dell Technologies FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=DELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "DELL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=DELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();