The venerable information technology giant kept its position steady as demand for its products stayed up during the pandemic’s second calendar year. The stickiness of remote working has encouraged more people to deck out their home office with printers and faster personal computers—demand that HP has been able to capitalize on. HP’s revenues went up 12.1% in 2021, and its profit more than doubled, as the company captured a 20.5% market share in PCs.
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Company Information

As of 3/29/23
Country
U.S.
Headquarters
Palo Alto
Industry
Computers, Office Equipment
CEO
Enrique J. Lores
Website
Company Type
Public
Ticker
HPQ
Revenues ($M)
$62,983
Profits ($M)
$3,203
Market Value ($M)
$27,855
Employees
58,000
Figures are for the latest twelve months ended Jan. 31, 2023. Market value as of March 8, 2023. Sources: S&P Global; Bloomberg.

Key Financials (Last Fiscal Year)

$ millions
% change
Revenues ($M)
$63,487
12.1%
Profits ($M)
$6,503
128.7%
Assets ($M)
$38,610
-
Total Stockholder Equity ($M)
$-1,650
-

Profit Ratios

Profit as % of Revenues
10.2%
Profits as % of Assets
16.8%
Profits as % of Stockholder Equity
-

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)
533
EPS % Change (from 2020)
166.5%
EPS % Change (5 year annual rate)
30.1%
EPS % Change (10 year annual rate)
4.8%

Total Return

Total Return to Investors (2021)
57.4%
Total Return to Investors (5 year, annualized)
24.2%
Total Return to Investors (10 year, annualized)
14.9%

HP Rank History

Historical Data

YearRevenues ($M)Profits ($M)Assets ($M)Total Stockholder Equity ($M)
2021$56,639-3.6%$2,844-9.8%$34,681$-2,228
2020$58,7560.5%$3,152-40.8%$33,467$-1,193
2019$58,47212.3%$5,327110.9%$34,622$-639
2018$52,0567.9%$2,5261.2%$32,913$-3,408
2017$48,238-53.3%$2,496-45.2%$29,010$-3,889
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