InsiderClue
Stocks · Technology · Electronic Computers

Dell Technologies

DELL Clue Score43
United States Fiscal year ends January CIK 0001571996
$586.06 +2.00% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $586.06 +457.09% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 21 Dec 2018. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue79.04Operating income−2.42Net income−2.85Fiscal year 2019Revenue90.62 +14.7%Operating income−0.19Net income−2.31Fiscal year 2020Revenue84.82 −6.4%Operating income2.37Net income4.62EPS, diluted6.03Fiscal year 2021Revenue86.67 +2.2%Operating income3.69Net income3.25 −29.6%EPS, diluted4.22 −30.0%Fiscal year 2022Revenue101.20 +16.8%Operating income4.66Net income5.56 +71.2%EPS, diluted6.26 +48.3%Fiscal year 2023Revenue102.30 +1.1%Operating income5.77Net income2.44 −56.1%EPS, diluted3.24 −48.2%Fiscal year 2024Revenue88.43 −13.6%Operating income5.41Net income3.39 +38.7%EPS, diluted4.60 +42.0%Fiscal year 2025Revenue95.57 +8.1%Operating income6.24Net income4.59 +35.5%EPS, diluted6.38 +38.7%Fiscal year 2026Revenue113.54 +18.8%Operating income8.15Net income5.94 +29.3%EPS, diluted8.68 +36.1%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 79.04 90.62 84.82 86.67 101.20 102.30 88.43 95.57 113.54
Growth +14.7% −6.4% +2.2% +16.8% +1.1% −13.6% +8.1% +18.8%
Operating income −2.42 −0.19 2.37 3.69 4.66 5.77 5.41 6.24 8.15
Net income −2.85 −2.31 4.62 3.25 5.56 2.44 3.39 4.59 5.94
Growth −29.6% +71.2% −56.1% +38.7% +35.5% +29.3%
EPS, diluted n/a n/a 6.03 4.22 6.26 3.24 4.60 6.38 8.68
Growth −30.0% +48.3% −48.2% +42.0% +38.7% +36.1%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2018Gross margin26.0%Operating margin−3.1%Net margin−3.6%Free cash flow margin7.1%Fiscal year 2019Gross margin27.6%Operating margin−0.2%Net margin−2.5%Free cash flow margin6.1%Fiscal year 2020Gross margin24.3%Operating margin2.8%Net margin5.4%Free cash flow margin7.9%Fiscal year 2021Gross margin23.2%Operating margin4.3%Net margin3.7%Free cash flow margin10.8%Fiscal year 2022Gross margin21.6%Operating margin4.6%Net margin5.5%Free cash flow margin7.4%Fiscal year 2023Gross margin22.2%Operating margin5.6%Net margin2.4%Free cash flow margin0.5%Fiscal year 2024Gross margin23.8%Operating margin6.1%Net margin3.8%Free cash flow margin6.7%Fiscal year 2025Gross margin22.2%Operating margin6.5%Net margin4.8%Free cash flow margin2.0%Fiscal year 2026Gross margin20.0%Operating margin7.2%Net margin5.2%Free cash flow margin7.5%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 26.0% 27.6% 24.3% 23.2% 21.6% 22.2% 23.8% 22.2% 20.0%
Operating margin −3.1% −0.2% 2.8% 4.3% 4.6% 5.6% 6.1% 6.5% 7.2%
Net margin −3.6% −2.5% 5.4% 3.7% 5.5% 2.4% 3.8% 4.8% 5.2%
Free cash flow margin 7.1% 6.1% 7.9% 10.8% 7.4% 0.5% 6.7% 2.0% 7.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow6.84Capital expenditure−1.21Free cash flow5.63Dividends paid0.00Fiscal year 2019Operating cash flow6.99Capital expenditure−1.50Free cash flow5.49 −2.4%Buybacks−14.08Dividends paid−2.13Fiscal year 2020Operating cash flow9.29Capital expenditure−2.58Free cash flow6.72 +22.2%Buybacks−0.01Dividends paid0.00Fiscal year 2021Operating cash flow11.41Capital expenditure−2.08Free cash flow9.33 +38.9%Buybacks−0.24Dividends paid0.00Fiscal year 2022Operating cash flow10.31Capital expenditure−2.80Free cash flow7.51 −19.5%Buybacks−1.50Dividends paid0.00Fiscal year 2023Operating cash flow3.57Capital expenditure−3.00Free cash flow0.56 −92.5%Buybacks−2.88Dividends paid−0.96Fiscal year 2024Operating cash flow8.68Capital expenditure−2.76Free cash flow5.92 +953.4%Buybacks−2.08Dividends paid−1.07Fiscal year 2025Operating cash flow4.52Capital expenditure−2.65Free cash flow1.87 −68.4%Buybacks−2.59Dividends paid−1.28Fiscal year 2026Operating cash flow11.19Capital expenditure−2.63Free cash flow8.55 +357.6%Buybacks−6.01Dividends paid−1.46
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 6.84 6.99 9.29 11.41 10.31 3.57 8.68 4.52 11.19
Capital expenditure −1.21 −1.50 −2.58 −2.08 −2.80 −3.00 −2.76 −2.65 −2.63
Free cash flow 5.63 5.49 6.72 9.33 7.51 0.56 5.92 1.87 8.55
Growth −2.4% +22.2% +38.9% −19.5% −92.5% +953.4% −68.4% +357.6%
Buybacks n/a −14.08 −0.01 −0.24 −1.50 −2.88 −2.08 −2.59 −6.01
Dividends paid 0.00 −2.13 0.00 0.00 0.00 −0.96 −1.07 −1.28 −1.46

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2018Cash13.94Total debt44.00Net cash (debt)−30.06Shareholders’ equity11.72Debt to equity3.75Fiscal year 2019Cash9.68Total debt49.20Net cash (debt)−39.53Shareholders’ equity−5.77Fiscal year 2020Cash9.30Total debt44.32Net cash (debt)−35.02Shareholders’ equity−1.57Fiscal year 2021Cash9.51Total debt32.87Net cash (debt)−23.36Shareholders’ equity2.48Debt to equity13.26Fiscal year 2022Cash9.48Total debt21.13Net cash (debt)−11.65Shareholders’ equity−1.69Fiscal year 2023Cash8.61Total debt23.02Net cash (debt)−14.41Shareholders’ equity−3.12Fiscal year 2024Cash7.37Total debt19.01Net cash (debt)−11.65Shareholders’ equity−2.23Fiscal year 2025Cash3.63Total debt19.36Net cash (debt)−15.73Shareholders’ equity−1.48Fiscal year 2026Cash11.53Total debt23.51Net cash (debt)−11.99Shareholders’ equity−2.47
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 13.94 9.68 9.30 9.51 9.48 8.61 7.37 3.63 11.53
Total debt 44.00 49.20 44.32 32.87 21.13 23.02 19.01 19.36 23.51
Net cash (debt) −30.06 −39.53 −35.02 −23.36 −11.65 −14.41 −11.65 −15.73 −11.99
Shareholders’ equity 11.72 −5.77 −1.57 2.48 −1.69 −3.12 −2.23 −1.48 −2.47
Debt to equity 3.75 n/a n/a 13.26 n/a n/a n/a n/a n/a

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Balance sheet

In billions of USD, except per-share figures; shares in millions. Fiscal years ending January, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 2 Feb 2018 FY2019 1 Feb 2019 FY2020 31 Jan 2020 FY2021 29 Jan 2021 FY2022 28 Jan 2022 FY2023 3 Feb 2023 FY2024 2 Feb 2024 FY2025 31 Jan 2025 FY2026 30 Jan 2026
Assets
13.94 9.68 9.30 9.51 9.48 8.61 7.37 3.63 11.53
11.72 12.37 12.48 10.73 12.91 12.48 9.34 10.30 17.59
2.68 3.65 3.28 3.40 5.90 4.78 3.62 6.72 10.44
5.39 5.26 6.06 4.83 5.42 6.21 6.43 6.34 6.68
39.92 40.09 21.16 20.03 19.77 19.68 19.70 19.12 19.55
124.19 111.82 118.86 123.42 92.74 89.61 82.13 79.75 101.29
Growth −10.0% +6.3% +3.8% −24.9% −3.4% −8.4% −2.9% +27.0%
Liabilities
44.00 49.20 44.32 32.87 21.13 23.02 19.01 19.36 23.51
calc 44.00 49.20 44.32 32.87 21.13 23.02 19.01 19.36 23.51
106.32 111.57 115.08 115.39 94.32 92.64 84.26 81.13 103.76
Equity
−6.86 −21.35 −16.89 −13.75 −8.19 −6.73 −4.45 −1.16 3.33
11.72 −5.77 −1.57 2.48 −1.69 −3.12 −2.23 −1.48 −2.47
Growth −149.2% −168.0%
Per share and net cash
calc −30.06 −39.53 −35.02 −23.36 −11.65 −14.41 −11.65 −15.73 −11.99
769.0 719.0 743.0 753.0 757.0 716.0 705.0 696.0 652.0
calc 15.24 −8.02 −2.12 3.29 −2.23 −4.36 −3.16 −2.13 −3.79

Lines marked calc are worked out here from filed figures; point at one for how.