Hewlett Packard Enterprise (HPE) FY2022 results: revenue $28.5 billion, up 2.6% on the year
Hewlett Packard Enterprise Co. (HPE) reported revenue of $28.5 billion for fiscal 2022, the year ended 31 October 2022, up 2.6% on the year before. Net income was $868 million, down 74.7%, and diluted earnings per share $0.66. The figures are the company's own, from the 10-K it filed with the SEC on 8 December 2022.
Revenue
$28.5 billion
+2.6% on the year
FY2015FY2022
Operating margin
2.7%
4.1% a year earlier
FY2015FY2022
Net income
$868 million
-74.7% on the year
FY2015FY2022
Diluted EPS
$0.66
-74.4% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
4,593
5,871
2,240
-21.8%
Capital expenditure
3,122
2,502
2,383
+24.8%
Free cash flow
1,471
3,369
-143
-56.3%
Free cash flow margin
5.2%
12.1%
-0.5%
Cash from investing
-2,087
-2,796
-2,578
Cash from financing
-1,796
-3,364
883
Depreciation and amortisation
2,480
2,597
2,625
-4.5%
Share-based compensation
391
382
274
+2.4%
Buybacks
512
213
355
+140.4%
Dividends paid
621
625
618
-0.6%
Dividend per share
$0.48
$0.48
$0.36
0.0%
Diluted shares, weighted
1,322m
1,330m
1,294m
-0.6%
Shares outstanding at period end
1,281m
1,295m
1,287m
-1.1%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
19,864
19,971
16,049
-0.5%
Non-controlling interest
45.0
46.0
47.0
-2.2%
Debt
12,465
13,448
15,941
-7.3%
Operating lease liabilities
851
938
898
-9.3%
Finance lease liabilities
43.0
48.0
53.0
-10.4%
Other liabilities
23,855
23,248
21,027
+2.6%
Total liabilities and equity
57,123
57,699
54,015
-1.0%
Fixed assets
5,784
5,613
5,625
+3.0%
Goodwill
17,403
18,306
18,017
-4.9%
Intangible assets
733
1,022
1,103
-28.3%
Securities held for sale or to maturity
124
164
146
-24.4%
Cash and equivalents
4,163
3,996
4,233
+4.2%
Receivables
4,101
3,979
3,386
+3.1%
Inventory
5,161
4,511
2,674
+14.4%
Other assets
19,654
20,108
18,831
-2.3%
Total assets
57,123
57,699
54,015
-1.0%
10-K for the year ended 31 October 2022, filed 8 December 2022: the filing.