Stock · DELL · Technology

Dell Technologies Inc

United States · Large Cap · listed since 1988 · Revenue 12 mo. $151.2B

Price as of 11/06/2026

StockScorer score
7.3
of 10 8 of 11 points High Match To the score
Price
$328.53
1 Y +110.6%
Market cap
$225.6B
Phase
Payout
core business profitable, at least half of operating cash flow goes to shareholders
Revenue +3.5% a year (3 years)EBIT margin 7.4%Payout 68.6% of operating cash flow

Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally.

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Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG) segments. The ISG segment provides modern and traditional storage solutions, including all-flash, purpose-built, hyper-converged infrastructure, software-defined storage, and general-purpose and AI-optimized servers. This segment also offers networking products and services comprising wide area network infrastructure, data center and edge networking switches, and cables and optics that help its business customers to transform and modernize their infrastructure and complementing its server and storage solutions; and software, peripherals, and services, including consulting and support, and deployment. The CSG segment provides notebooks, desktops, and workstations and branded peripherals that include displays, docking stations, keyboards, mice, webcam and audio devices, and third-party software and peripherals; and configuration, and extended warranties services. The company is involved in originating, collecting, and servicing customer financing arrangements and offers payment and consumption solutions and services, such utility, subscription, as-a-service, leases, and loans, as well as fixed-term leases and loans. It serves enterprises, governmental agencies and other public institutions, educational institutions, healthcare organizations, small and medium-sized businesses, and consumers. The company has a strategic alliance with Rafay Systems for the development of AI infrastructure solutions. The company was formerly known as Denali Holding Inc. and changed its name to Dell Technologies Inc. in March 2013. Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas.

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Summary

Dell Technologies Inc is around the middle of the Technology sector overall

50.0 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 12.1% FCF growth a year, more than achieved over the last 5 and 10 years.

If free cash flow stays at €7.7B (2026), it supports €85.3B. The remaining €117.2B of the market value assume it grows 12.1% a year for 10 years and not at all afterwards.

Required FCF growth per year

12.1%

no growth afterwards

Market value breakdown€202.5B market value, price as of 11/06/2026

€85.3B without growth
€117.2B priced-in growth
  • 5 yrs achieved −2.1%
  • 10 yrs achieved 8.1%
  • priced in 12.1%

Valuation against its own history

Price to operating cash flow 17.6×, above its usual range.

Middle half of 20 quarters: 6.1× to 13.8×, median 9.7×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

1 sign supports the expectation, 2 speak against it.

What supports it

with respect to the priced-in expectation

  • Low capital needs capex median 2.4% of revenue (10 years)

What speaks against it

with respect to the priced-in expectation

  • Expectation above the company's own record priced in 12.1%, achieved at most 8.1%
  • Volatile earnings 3 drops or sign changes in up to 10 years

Since the last quarter

Q2 → Q3 2026

Mostly worse than the previous quarter: 3 of 5 changes for the worse.

  • Revenue, 12 mo.$134.0B → $151.2B+12.8%better
  • FCF, 12 mo.$9.4B → $8.6B−9.3%worse
  • EBIT margin8.0% → 9.6%+1.5 ppbetter
  • FCF margin7.1% → 5.7%−1.4 ppworse
  • Net debt$19.6B → $22.9B+16.9%worse

2 more unchanged: Gross margin, Shares outstanding

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability29.2below the middleEarns less than the sector: Return on equity −363.24%, sector 14.60%.
MetricStockSector medianPosition in sector
Return on equity−363.24%14.60%Rank 1
Return on capital (Greenblatt)126.51%29.77%Rank 86
EBIT margin7.44%17.40%Rank 26
FCF margin7.53%18.54%Rank 24
Gross margin20.00%48.47%Rank 10
Growth64.0above the middleGrows faster than the sector: Earnings growth, 3 years per year 38.84%, sector 9.54%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year18.80%12.70%Rank 69
Earnings growth, 3 years per year38.84%9.54%Rank 89
Earnings growth, 5 years per year15.42%14.07%Rank 53
Sustainable growth (ROE × retained earnings)2.32%2.87%Rank 44
Valuation57.2around the middleValued about like the sector.
MetricStockSector medianPosition in sector
Earnings yield2.64%2.64%Rank 50
FCF yield3.79%3.06%Rank 58
EV/saleslower is better2.165.18Rank 78
EV/EBITlower is better29.0826.24Rank 44
Momentum58.8around the middleShare price moving about like the sector.
MetricStockSector medianPosition in sector
Share price, 1 year110.62%−0.59%Rank 96
Share price, 6 months26.62%−4.46%Rank 82
Share price, 3 months−22.47%−5.84%Rank 26
Distance from 52-week high−44.17%−33.23%Rank 32
Quality79.6above the middleQuality above the sector: Change in share count −5.54%, sector −0.17%.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better−3.53%1.65%Rank 79
Change in share countlower is better−5.54%−0.17%Rank 95
Dividend streak in years38Rank 51
Price reaction to results, market-adjusted15.34%−1.57%Rank 93
Balance sheet & risk11.4below the middleMore risk than the sector: Equity ratio −2.44%, sector 53.98%.
MetricStockSector medianPosition in sector
Equity ratio−2.44%53.98%Rank 2
Net debt/EBITDAlower is better1.69−0.20Rank 17
Debt to equitylower is betterdoes not count towards the rank−22.190.33
Volatility, 1 yearlower is better77.70%50.37%Rank 15

Ten years in figures

Revenue from $62.2B (2017) to $113.5B (2026), 6.9% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCFSharesNet debt, $B
201762.2−3.8%$1.5B718M39.9
201879.0−3.1%$5.6B718M37.9
201990.6−0.2%$5.5B719M43.8
202084.82.8%$9.3B751M33.8
202186.74.3%$9.3B767M17.5
2022101.24.6%$7.5B791M17.5
2023102.35.6%$562.0M753M21.0
202488.46.1%$5.9B736M18.6
202595.66.5%$1.9B724M20.9
2026113.57.4%$8.6B684M20.0
7.3 / 10High MatchStockScorer score8 of 11 points

5 of 7 StockScorer Score rules met · How the score is built

Dell Technologies Inc mainly meets criteria in the Growth category. Result from 18 strategies checked.

This stock · Profitability: 33%This stock · Growth: 100%This stock · Valuation: 100%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Dell Technologies Inc's score is built

Dell Technologies Inc is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

5 of 7 rules met

8 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector mediannot met0 of 1 point
  4. Free cash flow margin above the sector mediannot met0 of 2 points
  5. Revenue growth above 15%met2 of 2 points
  6. 3-year earnings growth above 12% p.a.met1 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Dell Technologies Inc stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Trending Value: Value + Momentum
  • Magic Formula: Value + Quality
  • Balanced GARP
  • Growth Momentum (CAN SLIM principle)
  • High-Growth / Rule of 40
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Altman Z-Score: Stress Test
  • Defensive: Low Volatility
  • Dividend Aristocrats & Continuity
  • Levermann Strategy (13 Criteria)
  • PEG Strategy (inspired by Peter Lynch)
  • Undervalued Stocks: Multi-Factor Check

Dell Technologies Inc key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Dell Technologies Inc.

MetricStockSector
P/E ratio37.835.1
P/B ratio−149.65.5
Return on equity (ROE)−363.2%14.6%
Equity ratio−2.4%54.0%
Debt-to-equity (D/E)−22.190.33
Dividend yield0.7%0.9%

Similar stocks in Technology

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
DELLDell Technologies Incthis page
ANETArista NetworksHigh7.3
SNDKSandisk CorpHigh9.1
WDCWestern Digital CorporationHigh9.1
STXSeagate Technology PLClocked
688041.SSHygon Information Technology Co. Ltd. Alocked

Frequently asked questions about Dell Technologies Inc stock

How does Dell Technologies Inc stock (DELL) score in the StockScorer model?
Dell Technologies Inc stock reaches a StockScorer score of 7.3 out of 10, which is a high match with the rule-based strategies. 5 out of 7 flagship profile rules are met.
What is Dell Technologies Inc's P/E ratio?
Dell Technologies Inc's P/E ratio is 37.8. The Technology sector median is 35.1.
What sector is Dell Technologies Inc in?
Dell Technologies Inc is assigned to the Technology sector. Its rank within the sector is 50.0 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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