AppLovin Corporation (APP) vs Hewlett Packard Enterprise Company (HPE)
A side-by-side comparison of AppLovin Corporation and Hewlett Packard Enterprise Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
APP
AppLovin Corporation
$315.25TechnologyDelayed quote: Sep 23, 2026, 4:00 PM EDT
HPE
Hewlett Packard Enterprise Company
$62.33TechnologyDelayed quote: Sep 23, 2026, 3:59 PM EDT
Total return — APP vs HPE
growth of $100 · dividends reinvested · last 5yAPP +396.9% (+37.8%/yr)HPE +356.1% (+35.5%/yr)APP compounded faster over this window
APP HPE
APP vs HPE: by the numbers
- •APP is the larger company ($105.90B vs $82.54B market cap).
- •APP trades at the lower trailing earnings multiple (24.23 vs 32.46 P/E), one valuation lens rather than an overall verdict.
- •APP converts more revenue to profit (64.58% vs 6.57% net margin).
- •APP grew revenue faster over the past five years (25.84% vs 8.54% CAGR).
- •HPE pays a dividend (0.90% yield), while APP has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | APP | HPE |
|---|---|---|
| P/E ratio | 24.23 | 32.46 |
| Forward P/E | 19.98 | 16.41 |
| P/S ratio | 15.51 | 1.97 |
| P/B ratio | 33.48 | 3.11 |
| EV / EBITDA | 19.62 | 15.11 |
| FCF yield | 4.25% | 5.04% |
Profitability
| Metric | APP | HPE |
|---|---|---|
| Gross margin | 88.46% | 36.02% |
| Operating margin | 77.44% | 8.27% |
| Net margin | 64.58% | 6.57% |
| ROE | 139.42% | 10.38% |
| ROIC | 63.79% | 6.18% |
Dividends
| Metric | APP | HPE |
|---|---|---|
| Dividend yield | N/A | 0.90% |
| Payout ratio | N/A | 29.04% |
Growth (annualized)
| Metric | APP | HPE |
|---|---|---|
| Revenue CAGR (5Y) | 25.84% | 8.54% |
| EPS CAGR (5Y) | 73.54% | 20.10% |
| FCF CAGR (5Y) | 73.58% | 25.67% |
| Total return CAGR (5Y) | 33.14% | 37.67% |
Frequently asked
- Which has the lower trailing P/E, APP or HPE?
- APP has the lower trailing P/E: APP trades at 24.23 and HPE at 32.46. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, APP or HPE?
- Over the past five years, APP grew revenue faster — APP at a 25.84% CAGR versus HPE at 8.54%.
- Does APP or HPE pay a bigger dividend?
- HPE pays a dividend (0.90% yield), while APP has no payments in the available dividend history.
- Is APP or HPE more profitable?
- APP runs the higher net margin — APP at 64.58% versus HPE at 6.57%.
- How have APP and HPE total returns compared?
- Over the past 5 years, APP delivered 33.14% and HPE delivered 37.67% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AppLovin P/E ratioHewlett Packard Enterprise P/E ratioHewlett Packard Enterprise dividend yieldAppLovin ROEHewlett Packard Enterprise ROEAppLovin operating marginHewlett Packard Enterprise operating marginAppLovin revenue growthHewlett Packard Enterprise revenue growthAppLovin free cash flowHewlett Packard Enterprise free cash flow
AppLovin & Hewlett Packard Enterprise appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.