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Income Statement
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Balance Sheet
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Cashflow Statement
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Profitability
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Ratios
Dell Technologies Income Statement
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$86.67 B | $101.20 B | $102.30 B | $88.43 B | $95.57 B |
| Cost of Revenue |
|
$66.53 B | $79.31 B | $79.62 B | $67.56 B | $73.65 B |
| Gross Profit |
|
$20.14 B | $21.89 B | $22.69 B | $20.87 B | $21.92 B |
| Research & Development |
|
$2.46 B | $2.58 B | $2.78 B | $2.80 B | $3.06 B |
| Selling,General & Administrative |
|
$14.00 B | $14.66 B | $14.14 B | $12.86 B | $11.95 B |
| Operating Expense |
|
$16.46 B | $17.23 B | $16.92 B | $15.66 B | $15.68 B |
| Operating Income |
|
$4.15 B | $4.91 B | $5.62 B | $5.21 B | $6.24 B |
| Net Income |
|
$3.25 B | $5.56 B | $2.44 B | $3.21 B | $4.59 B |
Dell Technologies Balance Sheet
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$10.34 B | $10.01 B | $8.88 B | $7.37 B | $3.63 B |
| Inventories |
|
$3.40 B | $5.90 B | $4.78 B | $3.62 B | $6.72 B |
| Total Current Assets |
|
$41.44 B | $42.46 B | $39.35 B | $35.95 B | $36.23 B |
| Property,Plant and Equipment |
|
$5.95 B | $6.29 B | $6.93 B | $7.14 B | $6.34 B |
| Goodwill |
|
$20.03 B | $19.77 B | $19.68 B | $19.70 B | $19.12 B |
| Total Assets |
|
$123.42 B | $92.74 B | $89.61 B | $82.09 B | $79.75 B |
| Total Liabilities |
|
$115.39 B | $94.32 B | $92.64 B | $84.40 B | $81.13 B |
| Retained Earnings |
|
-$13.75 B | -$8.19 B | -$6.73 B | -$4.63 B | -$1.16 B |
| Total Shareholder Equity |
|
$2.95 B | -$1.69 B | -$3.12 B | -$2.40 B | -$1.48 B |
| Common Stock |
|
$16.85 B | $7.90 B | $8.42 B | $8.93 B | $9.12 B |
Dell Technologies Cash flow
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$5.78 B | $4.55 B | $3.16 B | $3.30 B | - |
| Dividends Payout |
|
- | - | -$964.00 M | -$1.07 B | -$1.28 B |
| Capital Expenditures (Capex) |
|
-$2.08 B | -$2.80 B | -$3.00 B | -$2.76 B | -$2.65 B |
| Free Cash Flow (FCF) |
|
$9.33 B | $7.51 B | $562.00 M | $5.92 B | $1.87 B |
Dell Technologies Profitability
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
$20.14 B | $21.89 B | $22.69 B | $20.87 B | $21.92 B |
| Gross Profit Margin (%) |
|
23.24% | 21.63% | 22.18% | 23.60% | 22.93% |
| Operating Income |
|
$4.15 B | $4.91 B | $5.62 B | $5.21 B | $6.24 B |
| Operating Income Margin (%) |
|
4.79% | 4.85% | 5.49% | 5.89% | 6.53% |
| Net Income |
|
$3.25 B | $5.56 B | $2.44 B | $3.21 B | $4.59 B |
| Net Income Margin (%) |
|
3.75% | 5.50% | 2.39% | 3.63% | 4.81% |
| EBITDA |
|
$9.93 B | $12.02 B | $7.60 B | $8.75 B | $6.24 B |
| EBITDA Margin (%) |
|
11.45% | 11.87% | 7.43% | 9.89% | 6.53% |
Dell Technologies Ratios
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
110.13% | -330.15% | -78.22% | -133.57% | -309.85% |
| Return on Assets (ROA) |
|
2.63% | 6.00% | 2.73% | 3.91% | 5.76% |
| Debt to Equity |
|
1,370.62% | -1,659.41% | -976.23% | -1,081.28% | -1,657.69% |
| Debt to total asset |
|
32.77% | 30.15% | 34.01% | 31.67% | 30.81% |
| Enterprise value to revenue |
|
0.66 | 0.60 | 0.51 | 0.90 | 0.99 |
| Enterprise value to EBITDA |
|
5.80 | 5.06 | 6.92 | 9.10 | 15.12 |
| Enterprise value |
|
$57.57 B | $60.80 B | $52.60 B | $79.60 B | $94.28 B |
| Cash to Debt |
|
28.20% | 36.86% | 11.70% | 33.38% | 18.40% |
| Tax Rate (%) |
|
4.31% | 16.56% | 24.90% | 17.80% | 9.35% |
| Payout Ratio |
|
- | - | 39.48% | 33.39% | 27.77% |
