Hewlett Packard Enterprise (HPE) Return on Invested Capital [ROIC] (2016 - 2026)
Hewlett Packard Enterprise's Return on Invested Capital [ROIC] came in at 5.57% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 5.04 percentage points from 0.53% a year earlier and up 2.44 percentage points from the prior quarter.
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Analysis
Hewlett Packard Enterprise (HPE) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Hewlett Packard Enterprise's Return on Invested Capital [ROIC] was 0.00%, down 4.99 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +0.76 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Return on Invested Capital [ROIC] was 4.99% in FY2024 (-0.77 pp), 5.75% in FY2023 (+3.40 pp), 2.35% in FY2022 (-0.95 pp) and 3.30% in FY2021 (+4.06 pp).
- The fiscal Q3 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since fiscal Q4 2023.
- Year-over-year, Return on Invested Capital [ROIC] increased in two of the last eight quarters, with an average year-over-year change of -1.63 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in fiscal Q3 2026 (a gain of 5.04 percentage points), and the weakest in fiscal Q4 2025 (a drop of 4.96 percentage points).
- Business Quant data shows HPE's Return on Invested Capital [ROIC] at 3.13% (Q2 2026), -0.17% (Q1 2026) and 0.00% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,023.53 Bn | 4,771.02 Bn | 54.77 Bn | 66.86% |
| 2 | Cisco Systems | 434.59 Bn | 370.52 Bn | 11.06 Bn | 15.92% |
| 3 | Dell Technologies | 303.32 Bn | 259.08 Bn | 9.83 Bn | 37.37% |
| 4 | Arista Networks | 233.08 Bn | 186.53 Bn | 1.91 Bn | - |
| 5 | Sandisk | 204.99 Bn | 193.51 Bn | 7.58 Bn | 73.74% |
| 6 | Seagate Technology Holdings | 151.41 Bn | 146.40 Bn | 1.90 Bn | 66.09% |
| 7 | Sony | 147.67 Bn | 84.93 Bn | 6.53 Bn | 12.20% |
| 8 | Western Digital | 122.89 Bn | 111.02 Bn | 2.03 Bn | 40.01% |
| 9 | Hewlett Packard Enterprise | 78.34 Bn | 56.22 Bn | 4.93 Bn | 5.57% |
| 10 | Lumentum Holdings | 64.86 Bn | 56.67 Bn | 477.30 Mn | 8.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 5.57% |
| Apr 30, 2026 | 3.13% |
| Jan 31, 2026 | -0.17% |
| Oct 31, 2025 | 0.00% |
| Jul 31, 2025 | 0.53% |
| Apr 30, 2025 | 1.13% |
| Jan 31, 2025 | 4.28% |
| Oct 31, 2024 | 4.96% |
| Jul 31, 2024 | 5.33% |
| Apr 30, 2024 | 5.15% |
| Jan 31, 2024 | 5.45% |
| Oct 31, 2023 | 5.61% |
| Jul 31, 2023 | 2.99% |
| Apr 30, 2023 | 3.03% |
| Jan 31, 2023 | 2.41% |
| Oct 31, 2022 | 2.31% |
| Jul 31, 2022 | 4.07% |
| Apr 30, 2022 | 3.61% |
| Jan 31, 2022 | 3.84% |
| Oct 31, 2021 | 3.24% |
API Access
Hewlett Packard Enterprise Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=HPE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "HPE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=HPE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();