Hewlett Packard Enterprise (HPE) FY2021 results: revenue $27.8 billion, up 3.0% on the year
Hewlett Packard Enterprise Co. (HPE) reported revenue of $27.8 billion for fiscal 2021, the year ended 31 October 2021, up 3.0% on the year before. Net income was $3.4 billion, and diluted earnings per share $2.58. The figures are the company's own, from the 10-K it filed with the SEC on 10 December 2021.
Revenue
$27.8 billion
+3.0% on the year
FY2014FY2021
Operating margin
4.1%
-1.2% a year earlier
FY2014FY2021
Net income
$3.4 billion
FY2014FY2021
Diluted EPS
$2.58
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
5,871
2,240
3,997
+162.1%
Capital expenditure
2,502
2,383
2,856
+5.0%
Free cash flow
3,369
-143
1,141
Free cash flow margin
12.1%
-0.5%
3.9%
Cash from investing
-2,796
-2,578
-3,457
Cash from financing
-3,364
883
-1,548
Depreciation and amortisation
2,597
2,625
2,535
-1.1%
Share-based compensation
382
274
268
+39.4%
Buybacks
213
355
2,249
-40.0%
Dividends paid
625
618
608
+1.1%
Dividend per share
$0.48
$0.36
$0.46
+33.3%
Diluted shares, weighted
1,330m
1,294m
1,366m
+2.8%
Shares outstanding at period end
1,295m
1,287m
1,294m
+0.6%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
19,971
16,049
17,098
+24.4%
Non-controlling interest
46.0
47.0
51.0
-2.1%
Debt
13,448
15,941
13,820
-15.6%
Operating lease liabilities
938
898
n/a
+4.5%
Finance lease liabilities
48.0
53.0
n/a
-9.4%
Other liabilities
23,248
21,027
20,834
+10.6%
Total liabilities and equity
57,699
54,015
51,803
+6.8%
Fixed assets
5,613
5,625
6,054
-0.2%
Goodwill
18,306
18,017
18,306
+1.6%
Intangible assets
1,022
1,103
1,128
-7.3%
Securities held for sale or to maturity
164
146
165
+12.3%
Cash and equivalents
3,996
4,233
3,753
-5.6%
Receivables
3,979
3,386
2,957
+17.5%
Inventory
4,511
2,674
2,387
+68.7%
Other assets
20,108
18,831
17,053
+6.8%
Total assets
57,699
54,015
51,803
+6.8%
10-K for the year ended 31 October 2021, filed 10 December 2021: the filing.