HP Net Income vs. Shares Outstanding
| HPQ Stock | USD 18.27 0.05 0.27% |
Net Income | First Reported 1985-10-31 | Previous Quarter 795 M | Current Value 545 M | Quarterly Volatility 1.2 B |
Macro event markers
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.33 | 0.23 |
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This profitability view for HP Inc summarizes relationships between earnings and core financial drivers. All figures are sourced from financial reporting disclosures. The dataset reflects how earnings scale across financial statement components. All figures reflect the latest available reporting inputs.
HP's Revenue Mix by Segment
HP's revenue is distributed across 2 distinct product categories. The largest contributor is Personal Systems Group at 10.25 Billion (71.0% of revenue), with Printing accounting for 4.19 Billion (29.0%). Revenue concentration above 60% in one segment means HP's performance is closely tied to that product's market dynamics.
Risk vs Return Analysis.
Macro event markers
Earnings Segment Revenue Breakdown for HP View
The pie chart below visualizes HP's revenue allocation across its reported product segments. Printing rounds out the mix at 29.0%, representing HP's smallest reported product line.
These projections help frame the earnings trajectory for HP across periods. The data is presented for reference alongside other available performance metrics.
Quarterly Earnings Growth -0.02 | Dividend Share 1.168 | Earnings Share 2.64 | Revenue Per Share | Quarterly Revenue Growth 0.069 |
HP's market capitalization and book value each provide useful but distinct information about the business. HP's market capitalization is 16.73 B. A P/B ratio of 0.61 suggests HP trades near or below book value. Enterprise value stands at 24.93 B. The relationship between HP's intrinsic value, market price, and book value adds depth to the analysis.
Distinguishing between HP's value and market price helps frame analytical expectations. For HP, key inputs include a P/E ratio of 9.89, a P/B ratio of 0.61, a profit margin of 4.46%, and revenue of 55.3 B.
HP Inc Shares Outstanding vs. Net Income Fundamental Analysis
Cross-company financial ratios help determine HP's valuation standing. HP Inc is ranked third for net income against industry peers. It also is ranked third for shares outstanding against industry peers with Shares Outstanding measuring nearly 0.36 against Net Income. Net Income runs about 2.77 times Shares Outstanding for HP Inc. According to the latest estimates, Net Income is gaining momentum with a magnitude of about 7.13%. Year-ago financials show HP with Net Income of 2.91 Billion. Multiples-driven valuation aligns HP with peer performance.HP Shares Outstanding vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
HP |
| = | 2.53 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertible bonds.
HP |
| = | 914.55 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
HP Shares Outstanding Comparison
HP is currently under evaluation for shares outstanding against industry peers.
HP Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in HP, profitability is also one of the essential criteria for including it into their portfolios because, without profit, HP will eventually generate negative long term returns. The profitability progress is the general direction of HP's change in net profit over the period of time. It can combine multiple indicators of HP, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | End Of Year Estimate | ||
| Accumulated Other Comprehensive Income | -525.5 M | -551.8 M | |
| Operating Income | 4.2 B | 3.9 B | |
| Income Before Tax | 3.1 B | 3.8 B | |
| Net Income | 2.9 B | 3.4 B | |
| Income Tax Expense | 125.1 M | 118.8 M | |
| Total Other Income Expense Net | -860.4 M | -817.4 M | |
| Net Income Applicable To Common Shares | 2.3 B | 3.6 B | |
| Net Income From Continuing Ops | 2.3 B | 3.2 B | |
| Non Operating Income Net Other | -270.2 M | -283.8 M | |
| Interest Income | 581.9 M | 559 M | |
| Net Interest Income | -499.5 M | -474.5 M | |
| Change To Netincome | 28.8 M | 27.4 M | |
| Net Income Per Share | 2.41 | 1.24 | |
| Income Quality | 1.32 | 1.09 | |
| Net Income Per E B T | 0.85 | 0.68 |
HP Profitability Driver Comparison
The profitability drivers of HP are among the most important inputs for investors evaluating its long-term potential. A wide range of unpredictable external events can affect earnings and create sudden volatility in HP's market value and investment attractiveness.
Earnings Estimation Breakdown
Analyst consensus for HP Inc places the projected EPS at 0.71 for the upcoming period. This estimate is bounded by a low of 0.69 and a high of 0.77 across all analyst models covering HP. Trailing twelve-month reporting data forms the basis of this projection, with non-recurring items excluded from the calculation.Last Reported EPS
0.69 Lowest | Expected EPS | 0.77 Highest |
Earnings Projection Consensus
Valuation signals derived from HP's consensus EPS estimate versus market price offer a directional view of relative attractiveness. A positive gap may indicate room for repricing toward the estimate; a negative gap may suggest the market has already priced in growth fully. These scenarios should be reviewed within the context of earnings quality, sector dynamics, and macroeconomic conditions.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of April 2026 | Current EPS (TTM) | |
| 17 | 97.98% | 0.81 | 0.71 | 2.64 |
Earnings History
Analyst earnings forecasts for HP are built from detailed financial models and direct company interaction through earnings calls and investor days. When actual EPS aligns with or exceeds consensus, it generally reinforces positive market sentiment. We recommend pairing this consensus view with peer comparisons and historical EPS accuracy data.HP Quarterly Gross Profit | 2.83 Billion |
The mean reversion framework for HP is built on the premise that markets are not perfectly efficient and that prices periodically overshoot their intrinsic value in both directions.
Earnings per Share Projection vs Actual
Actual EPS for HP is reported directly from its income statement at each quarterly disclosure event. Analyst-projected EPS for HP Inc represents the consensus expectation for what HP will earn in future quarters. A rising EPS trend generally signals improving profitability; the weighted average adjusts for changes in share count through the period.Estimated Months Earnings per Share
EPS is a cornerstone metric for income-focused investors in HP, offering a direct read on per-share profitability and dividend coverage capacity. A growing EPS trajectory suggests the company is better positioned to sustain and increase distributions over time. Investors should always evaluate HP's EPS relative to peers and in combination with cash flow and balance sheet data.Quarterly Analyst Estimates and Surprise Metrics
Analysts spend considerable effort projecting HP's quarterly EPS using management guidance, industry data, and financial models. When results deviate materially from these projections, markets reprice quickly and decisively. Understanding the surprise history gives investors a data-driven framework for setting expectations around upcoming reporting events.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2026-02-24 | 2026-01-31 | 0.77 | 0.81 | 0.04 | 5 | ||
2025-11-25 | 2025-10-31 | 0.92 | 0.93 | 0.01 | 1 | ||
2025-08-27 | 2025-07-31 | 0.75 | 0.75 | 0.0 | 0 | ||
2025-05-28 | 2025-04-30 | 0.8 | 0.71 | -0.09 | 11 | ||
2025-02-27 | 2025-01-31 | 0.74 | 0.74 | 0.0 | 0 | ||
2024-11-26 | 2024-10-31 | 0.93 | 0.93 | 0.0 | 0 | ||
2024-08-28 | 2024-07-31 | 0.86 | 0.83 | -0.03 | 3 | ||
2024-05-29 | 2024-04-30 | 0.81 | 0.82 | 0.01 | 1 | ||
2024-02-28 | 2024-01-31 | 0.81 | 0.81 | 0.0 | 0 | ||
2023-11-21 | 2023-10-31 | 0.9 | 0.9 | 0.0 | 0 | ||
2023-08-29 | 2023-07-31 | 0.86 | 0.86 | 0.0 | 0 | ||
2023-05-30 | 2023-04-30 | 0.76 | 0.8 | 0.04 | 5 | ||
2023-02-28 | 2023-01-31 | 0.75 | 0.75 | 0.0 | 0 | ||
2022-11-22 | 2022-10-31 | 0.85 | 0.85 | 0.0 | 0 | ||
2022-08-30 | 2022-07-31 | 1.03 | 1.04 | 0.01 | 0 | ||
2022-05-31 | 2022-04-30 | 1.05 | 1.08 | 0.03 | 2 | ||
2022-02-28 | 2022-01-31 | 1.02 | 1.1 | 0.08 | 7 | ||
2021-11-23 | 2021-10-31 | 0.88 | 0.94 | 0.06 | 6 | ||
2021-08-26 | 2021-07-31 | 0.84 | 1.0 | 0.16 | 19 | ||
2021-05-27 | 2021-04-30 | 0.89 | 0.93 | 0.04 | 4 | ||
2021-02-25 | 2021-01-31 | 0.66 | 0.92 | 0.26 | 39 | ||
2020-11-24 | 2020-10-31 | 0.52 | 0.62 | 0.1 | 19 | ||
2020-08-27 | 2020-07-31 | 0.43 | 0.49 | 0.06 | 13 | ||
2020-05-27 | 2020-04-30 | 0.44 | 0.51 | 0.07 | 15 | ||
2020-02-24 | 2020-01-31 | 0.54 | 0.65 | 0.11 | 20 | ||
2019-11-26 | 2019-10-31 | 0.58 | 0.6 | 0.02 | 3 | ||
2019-08-22 | 2019-07-31 | 0.55 | 0.58 | 0.03 | 5 | ||
2019-05-23 | 2019-04-30 | 0.51 | 0.53 | 0.02 | 3 | ||
2019-02-27 | 2019-01-31 | 0.52 | 0.52 | 0.0 | 0 | ||
2018-11-29 | 2018-10-31 | 0.54 | 0.54 | 0.0 | 0 | ||
2018-08-23 | 2018-07-31 | 0.51 | 0.52 | 0.01 | 1 | ||
2018-05-29 | 2018-04-30 | 0.48 | 0.48 | 0.0 | 0 | ||
2018-02-22 | 2018-01-31 | 0.42 | 0.48 | 0.06 | 14 | ||
2017-11-21 | 2017-10-31 | 0.44 | 0.44 | 0.0 | 0 | ||
2017-08-23 | 2017-07-31 | 0.42 | 0.43 | 0.01 | 2 | ||
2017-05-24 | 2017-04-30 | 0.39 | 0.4 | 0.01 | 2 | ||
2017-02-22 | 2017-01-31 | 0.37 | 0.38 | 0.01 | 2 | ||
2016-11-22 | 2016-10-31 | 0.36 | 0.36 | 0.0 | 0 | ||
2016-08-24 | 2016-07-31 | 0.45 | 0.48 | 0.03 | 6 | ||
2016-05-25 | 2016-04-30 | 0.38 | 0.41 | 0.03 | 7 | ||
2016-02-24 | 2016-01-31 | 0.36 | 0.36 | 0.0 | 0 | ||
2015-11-24 | 2015-10-31 | 0.97 | 0.93 | -0.04 | 4 | ||
2015-08-20 | 2015-07-31 | 0.85 | 0.88 | 0.03 | 3 | ||
2015-05-21 | 2015-04-30 | 0.86 | 0.87 | 0.01 | 1 | ||
2015-02-24 | 2015-01-31 | 0.91 | 0.92 | 0.01 | 1 | ||
2014-11-25 | 2014-10-31 | 1.05 | 1.06 | 0.01 | 0 | ||
2014-08-20 | 2014-07-31 | 0.89 | 0.89 | 0.0 | 0 | ||
2014-05-22 | 2014-04-30 | 0.88 | 0.88 | 0.0 | 0 | ||
2014-02-20 | 2014-01-31 | 0.84 | 0.9 | 0.06 | 7 | ||
2013-11-26 | 2013-10-31 | 1 | 1.01 | 0.01 | 1 | ||
2013-08-21 | 2013-07-31 | 0.87 | 0.86 | -0.01 | 1 | ||
2013-05-22 | 2013-04-30 | 0.81 | 0.87 | 0.06 | 7 | ||
2013-02-21 | 2013-01-31 | 0.71 | 0.82 | 0.11 | 15 | ||
2012-11-20 | 2012-10-31 | 1.14 | 1.16 | 0.02 | 1 | ||
2012-08-22 | 2012-07-31 | 0.98 | 1.0 | 0.02 | 2 | ||
2012-05-23 | 2012-04-30 | 0.91 | 0.98 | 0.07 | 7 | ||
2012-02-22 | 2012-01-31 | 0.87 | 0.92 | 0.05 | 5 | ||
2011-11-21 | 2011-10-31 | 1.13 | 1.17 | 0.04 | 3 | ||
2011-08-18 | 2011-07-31 | 1.09 | 1.1 | 0.01 | 0 | ||
2011-05-17 | 2011-04-30 | 1.21 | 1.24 | 0.03 | 2 | ||
2011-02-22 | 2011-01-31 | 1.29 | 1.36 | 0.07 | 5 | ||
2010-11-22 | 2010-10-31 | 1.27 | 1.33 | 0.06 | 4 | ||
2010-08-19 | 2010-07-31 | 1.08 | 1.08 | 0.0 | 0 | ||
2010-05-18 | 2010-04-30 | 1.05 | 1.09 | 0.04 | 3 | ||
2010-02-17 | 2010-01-31 | 1.06 | 1.1 | 0.04 | 3 | ||
2009-11-23 | 2009-10-31 | 1.13 | 1.14 | 0.01 | 0 | ||
2009-08-18 | 2009-07-31 | 0.9 | 0.91 | 0.01 | 1 | ||
2009-05-19 | 2009-04-30 | 0.86 | 0.86 | 0.0 | 0 | ||
2009-02-18 | 2009-01-31 | 0.93 | 0.93 | 0.0 | 0 | ||
2008-11-24 | 2008-10-31 | 1.02 | 1.03 | 0.01 | 0 | ||
2008-08-19 | 2008-07-31 | 0.84 | 0.86 | 0.02 | 2 | ||
2008-05-13 | 2008-04-30 | 0.84 | 0.87 | 0.03 | 3 | ||
2008-02-19 | 2008-01-31 | 0.81 | 0.86 | 0.05 | 6 | ||
2007-11-19 | 2007-10-31 | 0.82 | 0.86 | 0.04 | 4 | ||
2007-08-16 | 2007-07-31 | 0.66 | 0.71 | 0.05 | 7 | ||
2007-05-16 | 2007-04-30 | 0.69 | 0.7 | 0.01 | 1 | ||
2007-02-20 | 2007-01-31 | 0.62 | 0.65 | 0.03 | 4 | ||
2006-11-16 | 2006-10-31 | 0.64 | 0.68 | 0.04 | 6 | ||
2006-08-16 | 2006-07-31 | 0.48 | 0.52 | 0.04 | 8 | ||
2006-05-16 | 2006-04-30 | 0.49 | 0.54 | 0.05 | 10 | ||
2006-02-15 | 2006-01-31 | 0.44 | 0.48 | 0.04 | 9 | ||
2005-11-17 | 2005-10-31 | 0.46 | 0.51 | 0.05 | 10 | ||
2005-08-16 | 2005-07-31 | 0.31 | 0.36 | 0.05 | 16 | ||
2005-05-17 | 2005-04-30 | 0.36 | 0.37 | 0.01 | 2 | ||
2005-02-16 | 2005-01-31 | 0.36 | 0.37 | 0.01 | 2 | ||
2004-11-16 | 2004-10-31 | 0.37 | 0.41 | 0.04 | 10 | ||
2004-08-12 | 2004-07-31 | 0.31 | 0.24 | -0.07 | 22 | ||
2004-05-18 | 2004-04-30 | 0.34 | 0.34 | 0.0 | 0 | ||
2004-02-19 | 2004-01-31 | 0.35 | 0.35 | 0.0 | 0 | ||
2003-11-19 | 2003-10-31 | 0.35 | 0.36 | 0.01 | 2 | ||
2003-08-19 | 2003-07-31 | 0.26 | 0.23 | -0.03 | 11 | ||
2003-05-20 | 2003-04-30 | 0.27 | 0.29 | 0.02 | 7 | ||
2003-02-25 | 2003-01-31 | 0.28 | 0.29 | 0.01 | 3 | ||
2002-11-20 | 2002-10-31 | 0.22 | 0.24 | 0.02 | 9 | ||
2002-08-27 | 2002-07-31 | 0.14 | 0.14 | 0.0 | 0 | ||
2002-05-14 | 2002-04-30 | 0.26 | 0.25 | -0.01 | 3 | ||
2002-02-13 | 2002-01-31 | 0.25 | 0.29 | 0.04 | 16 | ||
2001-11-14 | 2001-10-31 | 0.1 | 0.19 | 0.09 | 90 | ||
2001-08-16 | 2001-07-31 | 0.04 | 0.11 | 0.07 | 175 | ||
2001-05-16 | 2001-04-30 | 0.17 | 0.18 | 0.01 | 5 | ||
2001-02-15 | 2001-01-31 | 0.38 | 0.37 | -0.01 | 2 | ||
2000-11-13 | 2000-10-31 | 0.51 | 0.41 | -0.1 | 19 | ||
2000-08-16 | 2000-07-31 | 0.43 | 0.49 | 0.06 | 13 | ||
2000-05-16 | 2000-04-30 | 0.41 | 0.44 | 0.03 | 7 | ||
2000-02-16 | 2000-01-31 | 0.39 | 0.4 | 0.01 | 2 | ||
1999-11-17 | 1999-10-31 | 0.37 | 0.38 | 0.01 | 2 | ||
1999-08-16 | 1999-07-31 | 0.4 | 0.43 | 0.03 | 7 | ||
1999-05-17 | 1999-04-30 | 0.4 | 0.46 | 0.06 | 15 | ||
1999-02-16 | 1999-01-31 | 0.41 | 0.48 | 0.07 | 17 | ||
1998-11-16 | 1998-10-31 | 0.37 | 0.4 | 0.03 | 8 | ||
1998-08-17 | 1998-07-31 | 0.28 | 0.29 | 0.01 | 3 | ||
1998-05-18 | 1998-04-30 | 0.33 | 0.33 | 0.0 | 0 | ||
1998-02-17 | 1998-01-31 | 0.44 | 0.43 | -0.01 | 2 | ||
1997-11-17 | 1997-10-31 | 0.39 | 0.38 | -0.01 | 2 | ||
1997-08-18 | 1997-07-31 | 0.33 | 0.29 | -0.04 | 12 | ||
1997-05-15 | 1997-04-30 | 0.41 | 0.38 | -0.03 | 7 | ||
1997-02-18 | 1997-01-31 | 0.38 | 0.44 | 0.06 | 15 | ||
1996-11-18 | 1996-10-31 | 0.32 | 0.31 | -0.01 | 3 | ||
1996-08-15 | 1996-07-31 | 0.23 | 0.2 | -0.03 | 13 | ||
1996-05-16 | 1996-04-30 | 0.36 | 0.34 | -0.02 | 5 |
Use HP in pair-trading
Using HP in a pair-trading setup can improve risk control because gains and losses are judged against a second position instead of against the market alone. The advantage is that adverse movement in one leg may be partly offset by the other when correlation and thesis alignment hold.
HP Pair Trading
HP Inc Pair Trading Analysis
Understanding the correlation structure around HP Inc helps portfolio managers make better tax-loss harvesting decisions. A highly correlated substitute for HP ensures that the portfolio's expected return and risk profile remain largely intact through the wash-sale.
Investors use the correlation of HP to identify pairs-trading opportunities. When two historically correlated assets diverge temporarily, a long/short position combining HP Inc with the diverging counterpart can generate returns with minimal net market exposure.
Hedging context for HP can be developed through Correlation analysis and pair trading analysis. Pair analysis can span stocks within the same sector or across different segments.Use Investing Themes to Complement your HP position
HP Inc Technology sector classification and 16.73 Billion mid-cap scale make it a natural anchor for themes targeting Computer Hardware exposure. Building a Technology theme from HP Inc 16.73 Billion position turns a single Computer Hardware conviction into a risk-managed basket.
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