Dell Technologies (DELL) Invested Capital (2016 - 2026)
Dell Technologies' Invested Capital was $33.04 billion in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 27.5% from $25.92 billion a year earlier and up 11.0% from the prior quarter.
Dell Technologies (DELL) Invested Capital (2016 - 2026) Analysis & Trends
For FY2026 (ended Jan 30, 2026), Invested Capital at Dell Technologies came in at $29.03 billion, up 25.8% from FY2025.
- Invested Capital shows a five-year compound annual growth rate of -9.1% (FY2021 to FY2026).
- In earlier fiscal years, Invested Capital was $23.09 billion in FY2025 (-2.9%), $23.77 billion in FY2024 (-10.2%), $26.47 billion in FY2023 (+4.3%) and $25.37 billion in FY2022 (-45.8%).
- The fiscal Q2 2027 figure marks the highest quarterly Invested Capital since fiscal Q3 2022.
- Compared with a year earlier, Invested Capital has increased for six straight quarters, with growth averaging 14.6% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was fiscal Q2 2027 (growth of 27.5%); the worst was fiscal Q3 2023 (a decline of 61.6%).
- Per Business Quant data, DELL's Invested Capital in the three fiscal quarters before Q2 2027 was $29.76 billion (Q1 2027), $29.03 billion (Q4 2026) and $28.62 billion (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 191.86 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 79.82 Bn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 33.04 Bn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | - |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 15.74 Bn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 5.73 Bn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 9.92 Bn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 60.06 Bn |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 6.28 Bn |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 46.82 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 33.04 Bn |
| May 1, 2026 | 29.76 Bn |
| Jan 30, 2026 | 29.03 Bn |
| Oct 31, 2025 | 28.62 Bn |
| Aug 1, 2025 | 25.92 Bn |
| May 2, 2025 | 25.76 Bn |
| Jan 31, 2025 | 23.09 Bn |
| Nov 1, 2024 | 22.74 Bn |
| Aug 2, 2024 | 21.98 Bn |
| May 3, 2024 | 22.97 Bn |
| Feb 2, 2024 | 23.77 Bn |
| Nov 3, 2023 | 23.95 Bn |
| Aug 4, 2023 | 24.46 Bn |
| May 5, 2023 | 25.51 Bn |
| Feb 3, 2023 | 26.47 Bn |
| Oct 28, 2022 | 23.86 Bn |
| Jul 29, 2022 | 24.18 Bn |
| Apr 29, 2022 | 24.77 Bn |
| Jan 28, 2022 | 25.37 Bn |
| Oct 29, 2021 | 62.17 Bn |
Dell Technologies Invested Capital 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=invested-capital&ticker=DELL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=DELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();