HP INC (HPQ) closed fiscal year 2025 with a gross margin of 20.6 % and a net margin of 4.6 %.
HP INC (HPQ) closed fiscal year 2025 with a gross margin of 20.6 % and a net margin of 4.6 %. The same year shows an EBITDA margin of 7.4 % and an EBIT margin of 5.7 %. The free cash flow margin was 5.1 %. Against the previous year the gross margin moved −1.5 pp and the net margin −0.6 pp. Across the period the gross margin ranges between 18.2 % in 2018 and 24.8 % in 2007. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: October
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 24.83 % | 24.50 % | 23.91 % | 24.19 % | 23.68 % | 23.50 % | 23.36 % | 19.81 % | 19.31 % | 18.65 % | 18.40 % | 18.25 % | 19.01 % | 18.40 % | 21.13 % | 19.49 % | 21.42 % | 22.07 % | 20.60 % |
| EBITDA margin (%) | 10.95 % | 11.72 % | 13.02 % | 12.93 % | 11.52 % | -4.95 % | 10.46 % | 15.16 % | 15.51 % | 8.05 % | 7.15 % | 7.45 % | 7.86 % | 7.47 % | 9.68 % | 8.49 % | 8.02 % | 8.68 % | 7.40 % |
| EBIT margin (%) | 8.36 % | 8.85 % | 8.85 % | 9.11 % | 7.61 % | -9.19 % | 6.35 % | 7.51 % | 7.62 % | 7.36 % | 6.47 % | 6.55 % | 6.60 % | 6.08 % | 8.44 % | 7.25 % | 6.43 % | 7.13 % | 5.74 % |
| Net margin (%) | 6.97 % | 7.04 % | 6.69 % | 6.95 % | 5.56 % | -10.51 % | 4.55 % | 8.85 % | 8.85 % | 5.17 % | 4.85 % | 9.11 % | 5.36 % | 4.97 % | 10.31 % | 4.98 % | 6.07 % | 5.18 % | 4.57 % |
| FCF margin (%) | 6.30 % | 9.80 % | 8.45 % | 6.18 % | 6.37 % | 5.70 % | 7.49 % | 14.97 % | 6.65 % | 5.84 % | 6.29 % | 6.81 % | 6.78 % | 6.60 % | 9.18 % | 5.88 % | 5.54 % | 5.89 % | 5.06 % |
