To the full analysis
HP stock: growth
HPQHP reported $55.3B in revenue for fiscal 2025, up 3.2% on the prior year, down 0.5% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
−2.6%
per year from 2006 to 2025, per share 3.1%
Earnings (Annual rate)
−4.6%
per year from 2006 to 2025, per share 1%
Free cash flow (Annual rate)
−5.9%
per year from 2006 to 2025, per share −0.4%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | −0.5% | 0.7% | −2.6% |
| Revenue per share | 7.8% | 7.5% | 3.1% |
| Earnings | −2.1% | −5.7% | −4.6% |
| Earnings per share | 5.8% | 0.6% | 1.0% |
| Free cash flow | −5.6% | −0.3% | −5.9% |
| Free cash flow per share | 2.3% | 6.4% | −0.4% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $91.66B | $6.2B | $8.82B |
| 2007 | $104.29B | $7.26B | $6.58B |
| 2008 | $118.36B | $8.33B | $11.6B |
| 2009 | $114.55B | $7.66B | $9.68B |
| 2010 | $126.03B | $8.76B | $7.79B |
| 2011 | $127.25B | $7.07B | $8.1B |
| 2012 | $120.36B | −$12.65B | $6.87B |
| 2013 | $112.3B | $5.11B | $8.41B |
| 2014 | $56.65B | $5.01B | $8.48B |
| 2015 | $51.46B | $4.55B | $2.89B |
| 2016 | $48.24B | $2.5B | $2.8B |
| 2017 | $52.06B | $2.53B | $3.28B |
| 2018 | $58.47B | $5.33B | $3.98B |
| 2019 | $58.76B | $3.15B | $3.98B |
| 2020 | $56.64B | $2.82B | $3.74B |
| 2021 | $63.46B | $6.54B | $5.83B |
| 2022 | $62.91B | $3.13B | $3.67B |
| 2023 | $53.72B | $3.26B | $2.96B |
| 2024 | $53.56B | $2.78B | $3.16B |
| 2025 | $55.3B | $2.53B | $2.8B |
Revenue by segment
How HP Inc. makes its money and how that has shifted. Names are as the company reports them.
- Personal Systems Group70%
- Printing30%
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Personal Systems Group | $37.66B | $38.69B | $39B | $43.36B | $44.08B | $35.68B | $36.2B | $38.53B | 69.7% |
| Printing | $20.81B | $20.07B | $17.64B | $20.13B | $18.9B | $18.03B | $17.34B | $16.7B | 30.2% |
| Total revenue | $58.47B | $58.76B | $56.64B | $63.46B | $62.91B | $53.72B | $53.56B | $55.3B | 100% |
Revenue by region
Where HP Inc. generates its revenue.
- Americas43%
- EMEA34%
- Asia Pacific24%
Figures as a table
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|
| Americas | $25.24B | $24.41B | $27.52B | $26.6B | $23.1B | $23.25B | $23.55B | 42.6% |
| EMEA | $20.28B | $19.62B | $22.22B | $21.32B | $17.82B | $18.04B | $18.6B | 33.6% |
| Asia Pacific | $13.24B | $12.6B | $13.75B | $15.07B | $12.8B | $12.26B | $13.15B | 23.8% |
| Total revenue | $58.76B | $56.64B | $63.46B | $62.91B | $53.72B | $53.56B | $55.3B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Oct 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 31 Oct 2026)
- Valuation signal Undervalued since 13 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.