Arm Holdings plc American Depositary Shares (ARM) vs Dell Technologies Inc. (DELL)

ARM and DELL are evenly matched — 7 metrics each of 14.

A side-by-side comparison of Arm Holdings plc American Depositary Shares and Dell Technologies Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — ARM vs DELL

growth of $100 · last 3y
ARM +445.9%DELL +476.5%DELL compounded faster
200400600Start $100202420252026$546$577
ARM DELL

ARM vs DELL: by the numbers

  • ARM is the larger company ($353.15B vs $265.36B market cap).
  • DELL trades at the lower earnings multiple (31.73 vs 413.94 P/E).
  • ARM converts more revenue to profit (18.37% vs 6.28% net margin).
  • ARM grew revenue faster over the past five years (19.41% vs 7.14% CAGR).
  • DELL pays a dividend (0.63% yield) while ARM does not currently pay one.

Which is better, ARM or DELL?

Metric tally: ARM 7 · DELL 7

It depends on what you're optimizing for:

ValueDELL(lower P/E)
GrowthARM(faster 5Y revenue CAGR)
QualityDELL(higher ROIC)

Metrics side by side

Valuation

MetricARMDELL
P/E ratio413.9431.73
Forward P/E114.9221.68
P/S ratio75.481.96
P/B ratio44.82
PEG ratio13.350.34
EV / EBITDA320.9221.49
FCF yield0.26%3.60%

Profitability

MetricARMDELL
Gross margin94.63%19.16%
Operating margin18.31%7.98%
Net margin18.37%6.28%
ROE10.91%-240.32%
ROIC7.29%15.00%

Dividends

MetricARMDELL
Dividend yield0.63%
Payout ratio28.13%

Growth (annualized)

MetricARMDELL
Revenue CAGR (5Y)19.41%7.14%
EPS CAGR (5Y)17.47%15.44%
FCF CAGR (5Y)-1.73%-5.14%
Total return CAGR (5Y)54.14%

Frequently asked

Which is better, ARM or DELL?
It depends on your goal. value: DELL (lower P/E); growth: ARM (faster 5Y revenue CAGR); quality: DELL (higher ROIC). Across all compared metrics, they are evenly matched.
Is ARM or DELL cheaper?
On trailing earnings, DELL is cheaper: ARM trades at a 413.94 P/E and DELL at 31.73.
Which has grown faster, ARM or DELL?
Over the past five years, ARM grew revenue faster — ARM at a 19.41% CAGR versus DELL at 7.14%.
Does ARM or DELL pay a bigger dividend?
DELL pays a dividend (0.63% yield) while ARM does not currently pay one.
Is ARM or DELL more profitable?
ARM runs the higher net margin — ARM at 18.37% versus DELL at 6.28%.

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 June 26, 2026.