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Hewlett Packard Enterprise Co (FRA:2HP) 1-Year ROIIC % : 33.95% (As of Jan. 2024)


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What is Hewlett Packard Enterprise Co 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Hewlett Packard Enterprise Co's 1-Year ROIIC % for the quarter that ended in Jan. 2024 was 33.95%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Hewlett Packard Enterprise Co's 1-Year ROIIC % or its related term are showing as below:

FRA:2HP's 1-Year ROIIC % is ranked better than
70.66% of 2355 companies
in the Hardware industry
Industry Median: 1.8 vs FRA:2HP: 33.95

Hewlett Packard Enterprise Co 1-Year ROIIC % Historical Data

The historical data trend for Hewlett Packard Enterprise Co's 1-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hewlett Packard Enterprise Co 1-Year ROIIC % Chart

Hewlett Packard Enterprise Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 153.81 -94.33 68.32 9.95 11.41

Hewlett Packard Enterprise Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -24.67 28.27 33.82 11.41 33.95

Competitive Comparison of Hewlett Packard Enterprise Co's 1-Year ROIIC %

For the Communication Equipment subindustry, Hewlett Packard Enterprise Co's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hewlett Packard Enterprise Co's 1-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hewlett Packard Enterprise Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Hewlett Packard Enterprise Co's 1-Year ROIIC % falls into.



Hewlett Packard Enterprise Co 1-Year ROIIC % Calculation

Hewlett Packard Enterprise Co's 1-Year ROIIC % for the quarter that ended in Jan. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 1988.5563 (Jan. 2024) - 1911.235 (Jan. 2023) )/( 44119.08 (Jan. 2024) - 44101.344 (Jan. 2023) )
=77.3213/17.736000000004
=435.96%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Hewlett Packard Enterprise Co  (FRA:2HP) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Hewlett Packard Enterprise Co 1-Year ROIIC % Related Terms

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Hewlett Packard Enterprise Co (FRA:2HP) Business Description

Address
1701 East Mossy Oaks Road, Spring, TX, USA, 77389
Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.

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