Dell Technologies (DELL) Financials: Revenue & Earnings
DELL$495.78-6.18 -1.23%
$315.22B
Market Cap
26.71
P/E
19.13
Forward P/E
58
Score
Dell Technologies (DELL) Financials: Revenue & Earnings
DELL price $495.78 -6.18 -1.23%
- Ticker
- DELL
- Price
- $495.78
- Change
- -6.18 -1.23%
- Market cap ?
- $315.22B
- P/E ?
- 26.71
- Forward P/E ?
- 19.13
- Dividend yield ?
- 0.52%
- Beta ?
- 1.44
- Sector
- Technology
- Industry
- Computer Hardware
- Stocklytics score
- 58
- Value
- 45
- Quality
- 54
- Growth
- 76
Stocklytics score rationale: value 45, quality 54, growth 76.
Financials
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 62164000000 | 79040000000 | 90621000000 | 84815000000 | 86670000000 | 101197000000 | 102301000000 | 88425000000 | 95567000000 | 113538000000 |
Dell Technologies Inc. is a worldwide technology leader that designs, develops, manufactures, markets, sells, and provides support for a broad spectrum of information technology (IT) solutions, products, and services. The company's business activities are structured into three primary segments: the Infrastructure Solutions Group (ISG), the Client Solutions Group (CSG), and VMware. The ISG division focuses on…
Fair value
DELL fair value $565.08. Price $495.78. Price is 12% below fair value.
Around fair value, and around its usual valuation.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 8.56B. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 1.4). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 635.81M. Net debt 19.98B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-24 | — | 6.56 | — | 49.24B |
| 2026-09-01 | 7.04 | 4.91 | 46.97B | 44.89B |
| 2026-05-28 | 4.86 | 2.96 | 43.84B | 35.74B |
| 2026-02-26 | 3.89 | 3.53 | 33.38B | 31.67B |
| 2025-11-25 | 2.59 | 2.47 | 27.00B | 27.15B |
| 2025-08-28 | 2.32 | 2.29 | 29.78B | 29.02B |
| 2025-05-29 | 1.55 | 1.70 | 23.38B | 23.18B |
| 2025-02-27 | 2.68 | 2.52 | 23.93B | 24.57B |
| 2024-11-26 | 2.15 | 2.04 | 24.37B | 24.67B |
| 2024-08-29 | 1.89 | 1.70 | 25.03B | 24.14B |
| 2024-05-30 | 1.27 | 1.26 | 22.24B | 21.66B |
| 2024-02-29 | 2.20 | 1.73 | 22.32B | 22.17B |
| 2023-11-30 | 1.88 | 1.47 | 22.25B | 23.02B |
| 2023-08-31 | 1.74 | 1.13 | 22.93B | 20.86B |
| 2023-06-01 | 1.31 | 0.87 | 20.92B | 20.27B |
| 2023-03-02 | 1.80 | 1.64 | 25.04B | 23.42B |
| 2022-11-21 | 2.30 | 1.60 | 24.72B | 24.37B |
| 2022-08-25 | 1.68 | 1.63 | 26.43B | 26.50B |
| 2022-05-26 | 1.84 | 1.39 | 26.12B | 25.03B |
| 2022-02-24 | 1.72 | 1.95 | 22.19B | 27.50B |
| 2021-11-23 | 2.37 | 2.33 | 26.42B | 27.53B |
| 2021-08-26 | 2.24 | 2.05 | 24.19B | 27.18B |
| 2021-05-27 | 2.13 | 1.55 | 22.59B | 16.58B |
| 2021-02-25 | 2.70 | 2.19 | 26.11B | 19.28B |
| 2020-11-24 | 2.03 | 1.39 | 23.48B | 21.71B |
| 2020-08-27 | 1.92 | 1.47 | 22.73B | 16.58B |
| 2020-05-28 | 1.34 | 1.01 | 21.90B | 15.03B |
| 2020-02-27 | 2.00 | 2.00 | 24.03B | 24.27B |
| 2019-11-26 | 1.75 | 1.55 | 22.84B | 21.15B |
| 2019-08-29 | 2.15 | 1.46 | 23.37B | 15.98B |
| 2019-05-30 | 1.45 | 1.20 | 21.91B | 18.28B |
| 2019-03-29 | 4.58 | 1.81 | 23.84B | 23.20B |
| 2018-11-29 | 1.56 | — | 22.48B | — |
| 2018-09-06 | 1.76 | — | 22.94B | — |
| 2018-06-04 | 1.53 | 1.15 | 21.36B | 16.05B |
| 2018-03-08 | 1.43 | 1.65 | 21.93B | 25.34B |
| 2017-12-07 | 1.44 | 1.34 | 19.56B | 18.20B |
| 2017-09-07 | 1.14 | 1.09 | 19.52B | 18.66B |
| 2017-06-08 | 0.75 | 0.93 | 18.00B | 22.32B |
| 2017-03-30 | -2.72 | — | 20.07B | — |
Dividends
Yield 0.49%. Payout ratio 13.76%. Frequency Quarterly.
Safety score 84/100 · Safe. Payout ratio is 14% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 5 separate years. Yield is 0.5%, which is modest.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-10-20 | $0.63 | 2026-10-20 | 2026-10-30 | Quarterly |
| 2026-07-21 | $0.63 | 2026-07-21 | 2026-07-31 | Quarterly |
| 2026-04-21 | $0.63 | 2026-04-21 | 2026-05-01 | Quarterly |
| 2026-01-20 | $0.53 | 2026-01-20 | 2026-01-30 | Quarterly |
| 2025-10-21 | $0.53 | 2025-10-21 | 2025-10-31 | Quarterly |
| 2025-07-22 | $0.53 | 2025-07-22 | 2025-08-01 | Quarterly |
| 2025-04-22 | $0.53 | 2025-04-22 | 2025-05-02 | Quarterly |
| 2025-01-22 | $0.45 | 2025-01-22 | 2025-01-31 | Quarterly |
| 2024-10-22 | $0.45 | 2024-10-22 | 2024-11-01 | Quarterly |
| 2024-07-23 | $0.45 | 2024-07-23 | 2024-08-02 | Quarterly |
| 2024-04-22 | $0.45 | 2024-04-23 | 2024-05-03 | Quarterly |
| 2024-01-22 | $0.37 | 2024-01-23 | 2024-02-02 | Quarterly |
| 2023-10-23 | $0.37 | 2023-10-24 | 2023-11-03 | Quarterly |
| 2023-07-24 | $0.37 | 2023-07-25 | 2023-08-04 | Quarterly |
| 2023-04-24 | $0.37 | 2023-04-25 | 2023-05-05 | Quarterly |
| 2023-01-24 | $0.33 | 2023-01-25 | 2023-02-03 | Quarterly |
| 2022-10-18 | $0.33 | 2022-10-19 | 2022-10-28 | Quarterly |
| 2022-07-19 | $0.33 | 2022-07-20 | 2022-07-29 | Quarterly |
| 2022-04-19 | $0.33 | 2022-04-20 | 2022-04-29 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-22 | Radakovich Lynn Vojvodich | Sell | 2.02K | $31.14 | 62.97K |
| 2026-10-22 | Radakovich Lynn Vojvodich | Buy | 2.02K | $31.14 | 62.97K |
| 2026-10-22 | Radakovich Lynn Vojvodich | Sell | 2.02K | $460.00 | 930.12K |
| 2026-10-15 | SL SPV-2, L.P. | Sell | 21.49K | $0.01 | 215 |
| 2026-10-15 | Silver Lake Partners IV, L.P. | Sell | 18.99K | $0.01 | 190 |
| 2026-10-15 | Silver Lake Partners V DE (AIV), L.P. | Sell | 11.12K | $0.01 | 111 |
| 2026-10-15 | Sharp Richard Troy | Sell | 146 | $507.93 | 74.16K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 449 | — | — |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Buy | 449 | $0.01 | 4 |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 20 | $572.87 | 11.46K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 9 | $574.71 | 5.17K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 52 | $575.42 | 29.92K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 22 | $576.34 | 12.68K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 25 | $577.25 | 14.43K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 14 | $578.28 | 8.10K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 15 | $579.58 | 8.69K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 12 | $580.37 | 6.96K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 24 | $581.59 | 13.96K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 16 | $582.49 | 9.32K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 23 | $583.44 | 13.42K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 19 | $584.46 | 11.10K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 50 | $585.54 | 29.28K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 67 | $586.53 | 39.30K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 30 | $587.26 | 17.62K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 22 | $588.66 | 12.95K |
| 2026-10-09 | Silver Lake Technology Investors V, L.P. | Sell | 30 | $589.28 | 17.68K |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 36.61K | — | — |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Buy | 36.61K | $0.01 | 366 |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 1.13K | $572.87 | 649.63K |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 515 | $574.71 | 295.98K |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 2.94K | $575.42 | 1.69M |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 1.25K | $576.34 | 718.70K |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 1.43K | $577.25 | 824.89K |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 786 | $578.28 | 454.53K |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 839 | $579.58 | 486.27K |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 690 | $580.37 | 400.46K |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 1.37K | $581.59 | 797.36K |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 893 | $582.49 | 520.16K |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 1.32K | $583.44 | 768.39K |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 1.06K | $584.46 | 620.11K |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 2.86K | $585.54 | 1.68M |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 3.78K | $586.53 | 2.22M |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 1.69K | $587.26 | 992.47K |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 1.23K | $588.66 | 725.82K |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 1.71K | $589.28 | 1.01M |
| 2026-10-09 | Silver Lake Partners V DE (AIV), L.P. | Sell | 11.57K | $0.01 | 116 |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 65.89K | — | — |
| 2026-10-09 | SL SPV-2, L.P. | Buy | 65.89K | $0.01 | 659 |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 1.98K | $572.87 | 1.13M |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 898 | $574.71 | 516.09K |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 5.12K | $575.42 | 2.95M |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 2.17K | $576.34 | 1.25M |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 2.49K | $577.25 | 1.44M |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 1.37K | $578.28 | 792.24K |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 1.46K | $579.58 | 846.77K |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 1.20K | $580.37 | 697.60K |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 2.39K | $581.59 | 1.39M |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 1.55K | $582.49 | 905.77K |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 2.29K | $583.44 | 1.34M |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 1.85K | $584.46 | 1.08M |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 4.99K | $585.54 | 2.92M |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 6.58K | $586.53 | 3.86M |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 2.94K | $587.26 | 1.73M |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 2.15K | $588.66 | 1.26M |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 2.97K | $589.28 | 1.75M |
| 2026-10-09 | SL SPV-2, L.P. | Sell | 22.25K | $0.01 | 223 |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 67.64K | — | — |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 1.80K | $586.40 | 1.06M |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Buy | 67.64K | $0.01 | 676 |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 2.16K | $572.87 | 1.24M |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 984 | $574.71 | 565.51K |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 5.61K | $575.42 | 3.23M |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 2.38K | $576.34 | 1.37M |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 2.73K | $577.25 | 1.57M |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 1.50K | $578.28 | 868.00K |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 1.60K | $579.58 | 927.33K |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 1.32K | $580.37 | 764.35K |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 2.62K | $581.59 | 1.52M |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 1.70K | $582.49 | 992.56K |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 2.51K | $583.44 | 1.47M |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 2.02K | $584.46 | 1.18M |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 5.46K | $585.54 | 3.20M |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 7.21K | $586.53 | 4.23M |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 3.23K | $587.26 | 1.89M |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 2.35K | $588.66 | 1.39M |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 3.26K | $589.28 | 1.92M |
| 2026-10-09 | Silver Lake Partners IV, L.P. | Sell | 19.76K | $0.01 | 198 |
| 2026-10-09 | Silver Lake Technology Investors IV, L.P. | Sell | 995 | — | — |
| 2026-10-09 | Silver Lake Technology Investors IV, L.P. | Buy | 995 | $0.01 | 10 |
| 2026-10-09 | Silver Lake Technology Investors IV, L.P. | Sell | 44 | $572.87 | 25.21K |
| 2026-10-09 | Silver Lake Technology Investors IV, L.P. | Sell | 20 | $574.71 | 11.49K |
| 2026-10-09 | Silver Lake Technology Investors IV, L.P. | Sell | 115 | $575.42 | 66.17K |
| 2026-10-09 | Silver Lake Technology Investors IV, L.P. | Sell | 49 | $576.34 | 28.24K |
| 2026-10-09 | Silver Lake Technology Investors IV, L.P. | Sell | 56 | $577.25 | 32.33K |
| 2026-10-09 | Silver Lake Technology Investors IV, L.P. | Sell | 31 | $578.28 | 17.93K |
| 2026-10-09 | Silver Lake Technology Investors IV, L.P. | Sell | 33 | $579.58 | 19.13K |
| 2026-10-09 | Silver Lake Technology Investors IV, L.P. | Sell | 27 | $580.37 | 15.67K |
| 2026-10-09 | Silver Lake Technology Investors IV, L.P. | Sell | 54 | $581.59 | 31.41K |
| 2026-10-09 | Silver Lake Technology Investors IV, L.P. | Sell | 35 | $582.49 | 20.39K |
| 2026-10-09 | Silver Lake Technology Investors IV, L.P. | Sell | 51 | $583.44 | 29.76K |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 2.27K, holders +516 vs prior quarter. Ownership 37.17%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 24.09M | -655.28K | -2.65% | 10.40B |
| VANGUARD CAPITAL MANAGEMENT LLC | 19.01M | -423.07K | -2.18% | 8.20B |
| STATE STREET CORP | 13.76M | -576.06K | -4.02% | 5.94B |
| BANK OF AMERICA CORP /DE/ | 10.84M | -3.55M | -24.68% | 4.68B |
| JPMORGAN CHASE & CO | 10.44M | 7.36M | +238.69% | 4.33B |
| JANE STREET GROUP, LLC | 8.67M | 4.96M | +133.26% | 3.74B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 7.67M | -347.44K | -4.33% | 3.31B |
| GEODE CAPITAL MANAGEMENT, LLC | 7.65M | -71.10K | -0.92% | 3.30B |
| MORGAN STANLEY | 7.07M | 426.58K | +6.42% | 3.05B |
| JANE STREET GROUP, LLC | 6.74M | 3.02M | +81.13% | 2.91B |
| FMR LLC | 5.65M | 1.41M | +33.30% | 2.44B |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 5.50M | 5.14M | +1399.61% | 2.37B |
| GOLDMAN SACHS GROUP INC | 5.50M | 4.51M | +456.24% | 2.37B |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 5.25M | 4.88M | +1330.72% | 2.26B |
| CITADEL ADVISORS LLC | 4.83M | 3.37M | +231.04% | 2.08B |
| NORGES BANK | 4.31M | 4.31M | New | 1.86B |
| CITADEL ADVISORS LLC | 3.78M | 2.32M | +159.28% | 1.63B |
| BOSTON PARTNERS | 3.17M | -619.57K | -16.34% | 1.37B |
| INVESCO LTD. | 3.06M | -5.86M | -65.73% | 1.32B |
| NORTHERN TRUST CORP | 2.77M | -211.94K | -7.12% | 1.19B |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 2.59M | -208.19K | -7.45% | 1.12B |
| WELLINGTON MANAGEMENT GROUP LLP | 2.53M | 1.47M | +140.06% | 1.09B |
| MICHAEL & SUSAN DELL FOUNDATION | 2.46M | -222.53K | -8.30% | 1.06B |
| UBS GROUP AG | 2.41M | 1.93M | +407.86% | 1.04B |
| LSV ASSET MANAGEMENT | 2.39M | -430.82K | -15.27% | 1.03B |
Earnings and financials
Dell Technologies Inc. (DELL) trades at $495.78, with a market cap of $315.22B and a trailing P/E of 26.71. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 62164000000 | 79040000000 | 90621000000 | 84815000000 | 86670000000 | 101197000000 | 102301000000 | 88425000000 | 95567000000 | 113538000000 |
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