Dell Technologies reported a gross margin of 17.75% and a net margin of 7.84% for the quarter ended May 2026. These financial ratios cover 45 quarters of results from May 2015 through May 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | May2015 | Jul2015 | Oct2015 | Jan2016 | Apr2016 | Jul2016 | Oct2016 | Feb2017 | May2017 | Aug2017 | Nov2017 | Feb2018 | May2018 | Aug2018 | Nov2018 | Feb2019 | May2019 | Aug2019 | Nov2019 | Jan2020 | May2020 | Jul2020 | Oct2020 | Jan2021 | Apr2021 | Jul2021 | Oct2021 | Jan2022 | Apr2022 | Jul2022 | Oct2022 | Feb2023 | May2023 | Aug2023 | Nov2023 | Feb2024 | May2024 | Aug2024 | Nov2024 | Jan2025 | May2025 | Aug2025 | Oct2025 | Jan2026 | May2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||||||||||||||||||||||||||||||
| Gross Margin | 22.63% | 20.94% | 20.07% | 22.15% | 20.58% | 23.09% | 22.99% | 24.28% | 23.62% | 23.37% | 24.07% | 21.81% | 21.42% | 22.00% | 23.73% | 21.12% | 18.29% | 20.71% | 20.16% | 17.75% | |||||||||||||||||||||||||
| EBT Margin | 3.00% | 17.21% | -0.17% | 4.64% | 2.40% | 1.84% | 3.69% | 3.67% | 3.24% | 5.54% | 6.02% | 2.66% | 4.15% | 5.93% | 8.24% | 4.63% | 4.84% | 7.19% | 8.39% | 9.01% | |||||||||||||||||||||||||
| EBIT Margin | 4.20% | 3.96% | 5.75% | 5.94% | 4.81% | 7.13% | 4.75% | 5.41% | 5.21% | 6.92% | 6.93% | 4.34% | 5.56% | 7.06% | 9.02% | 4.98% | 5.95% | 7.85% | 9.26% | 8.34% | |||||||||||||||||||||||||
| EBITDA Margin | 4.20% | 3.96% | 5.75% | 5.94% | 4.81% | 7.13% | 4.75% | 5.41% | 5.21% | 6.92% | 6.93% | 4.34% | 5.56% | 7.06% | 9.02% | 4.98% | 5.95% | 7.85% | 9.26% | 8.34% | |||||||||||||||||||||||||
| Operating Margin | 4.20% | 3.96% | 5.75% | 5.94% | 4.81% | 7.13% | 4.75% | 5.41% | 5.21% | 6.92% | 6.93% | 4.34% | 5.56% | 7.06% | 9.02% | 4.98% | 5.95% | 7.85% | 9.26% | 8.34% | |||||||||||||||||||||||||
| Net Margin | 1.04% | 0.78% | 0.11% | 3.02% | 2.10% | 4.72% | 5.41% | 4.46% | 3.52% | 4.80% | 6.40% | 4.13% | 3.91% | 5.73% | 6.77% | 7.84% | |||||||||||||||||||||||||||||
| FCF Margin | 4.52% | 9.28% | 8.41% | -3.67% | -0.31% | -1.42% | 7.81% | 5.14% | 11.29% | 6.51% | 3.61% | 2.01% | 2.63% | 3.75% | -0.63% | 9.53% | 6.27% | 1.86% | 11.84% | 7.11% | |||||||||||||||||||||||||
| Efficiency | |||||||||||||||||||||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 4.03B | 4.83B | 5.67B | 6.09B | 6.08B | 6.03B | 5.47B | 4.40B | 3.80B | 3.48B | 3.50B | 4.20B | 5.37B | 6.30B | 6.68B | 7.07B | 7.31B | 7.08B | 8.69B | 12.74B | |||||||||||||||||||||||||
| Assets AverageAssets Avg. | 122.22B | 129.18B | 114.21B | 90.57B | 88.59B | 86.97B | 87.39B | 86.85B | 84.88B | 84.46B | 82.69B | 81.16B | 81.44B | 82.32B | 80.85B | 83.31B | 88.02B | 88.33B | 94.38B | 108.10B | |||||||||||||||||||||||||
| Invested CapitalInvested Cap. | 6.43B | 16.28B | 1.41B | 5.92B | 1.27B | 0.71B | 6.57B | 0.59B | 6.96B | 6.50B | 6.98B | 6.10B | 6.71B | 5.61B | 5.20B | 4.84B | 7.15B | 7.39B | 7.99B | 7.55B | |||||||||||||||||||||||||
| Asset Utilization RatioAsset Util. | 0.76 | 0.75 | 0.89 | 1.16 | 1.21 | 1.21 | 1.17 | 1.12 | 1.10 | 1.08 | 1.07 | 1.11 | 1.13 | 1.14 | 1.18 | 1.16 | 1.15 | 1.18 | 1.20 | 1.24 | |||||||||||||||||||||||||
| Leverage & Solvency | |||||||||||||||||||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | 1.19 | 1.22 | 1.38 | 4.29 | 3.52 | 4.88 | 3.07 | 2.79 | 3.18 | 4.15 | 1.21 | 2.81 | 3.60 | 5.36 | 1.58 | 3.29 | 4.44 | 2.52 | 2.67 | 9.35 | |||||||||||||||||||||||||
| Debt Ratio | 0.36 | 0.35 | 0.24 | 0.31 | 0.32 | 0.25 | 0.33 | 0.35 | 0.32 | 0.40 | 0.32 | 0.32 | 0.38 | 0.37 | 0.31 | 0.39 | 0.40 | 0.36 | 0.31 | 0.27 | |||||||||||||||||||||||||
| Times Interest Earned | 1.19 | 1.22 | 1.38 | 4.29 | 3.52 | 4.88 | 3.07 | 2.79 | 3.18 | 4.15 | 1.21 | 2.81 | 3.60 | 5.36 | 1.58 | 3.29 | 4.44 | 2.52 | 2.67 | 9.35 | |||||||||||||||||||||||||
| Dividends & Payouts | |||||||||||||||||||||||||||||||||||||||||||||
| FCF Payout RatioFCF Cover | -0.40 | 0.95 | -0.26 | -2.99 | -0.69 | 0.12 | 0.26 | 0.11 | 0.19 | 0.37 | 0.74 | 0.49 | 0.35 | -1.99 | 0.18 | 0.20 | 0.71 | 0.09 | 0.13 | ||||||||||||||||||||||||||
| Valuation | |||||||||||||||||||||||||||||||||||||||||||||
| Enterprise Value | -6.60B | -17.17B | -9.98B | -6.55B | -5.40B | -5.12B | -8.80B | -7.83B | -8.55B | -8.35B | -7.41B | -5.86B | -4.57B | -5.31B | -3.72B | -7.85B | -8.14B | -9.57B | -11.53B | -11.58B | |||||||||||||||||||||||||
| Return Ratios | |||||||||||||||||||||||||||||||||||||||||||||
| Return on SalesROS | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||||||||||||||||||||||
| Return on Capital EmployedROCE | 5.77% | 6.34% | 8.03% | 13.92% | 16.20% | 17.71% | 16.15% | 13.37% | 15.55% | 14.20% | 15.76% | 15.69% | 18.51% | 17.14% | 18.17% | 19.57% | 20.56% | 19.08% | 26.19% | 31.76% | |||||||||||||||||||||||||
| Return on Invested CapitalROIC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||||||||||||||||||||||
| Return on AssetsROA | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |