Is HPE or LITE cheaper?

On trailing earnings, HPE is cheaper: HPE trades at a 46.59 P/E and LITE at 153.22.

Which has grown faster, HPE or LITE?

Over the past five years, LITE grew revenue faster — HPE at a 7.02% CAGR versus LITE at 7.50%.

Does HPE or LITE pay a bigger dividend?

HPE pays a dividend (1.14% yield) while LITE does not currently pay one.

Is HPE or LITE more profitable?

LITE runs the higher net margin — HPE at 3.90% versus LITE at 17.68%.

Which has been the better investment, HPE or LITE?

Over the past 10-year, LITE delivered the higher annualized total return — HPE at 18.91% versus LITE at 41.80%. Past performance doesn't predict future results.

Hewlett Packard Enterprise Company (HPE) vs Lumentum Holdings Inc. (LITE)

HPE leads on 8 of 15 compared metrics.

A side-by-side comparison of Hewlett Packard Enterprise Company and Lumentum Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

HPE

Hewlett Packard Enterprise Company

$64.79B

$48.92Technology

LITE

Lumentum Holdings Inc.

$64.41B

$827.92Technology

Total return — HPE vs LITE

growth of $100 · last 11y

HPE +408.5%LITE +5763.5%LITE compounded faster

Log scale — wide-divergence pair

HPE LITE

HPE vs LITE: by the numbers

•HPE is the larger company ($64.79B vs $64.41B market cap).
•HPE trades at the lower earnings multiple (46.59 vs 153.22 P/E).
•LITE converts more revenue to profit (17.68% vs 3.90% net margin).
•LITE grew revenue faster over the past five years (7.50% vs 7.02% CAGR).
•HPE pays a dividend (1.14% yield) while LITE does not currently pay one.

Which is better, HPE or LITE?

Metric tally: HPE 8 · LITE 7

It depends on what you're optimizing for:

ValueHPE(lower P/E)

GrowthLITE(faster 5Y revenue CAGR)

QualityLITE(higher ROIC)

Metrics side by side

Valuation

Metric	HPE	LITE
P/E ratio	46.59●	153.22
Forward P/E	14.33●	100.96
P/S ratio	1.80●	32.01
P/B ratio	2.77●	26.79
PEG ratio	5.35	—
EV / EBITDA	21.43●	145.49
FCF yield	8.05%●	0.34%

Profitability

Metric	HPE	LITE
Gross margin	32.92%	37.71%●
Operating margin	6.60%	9.53%●
Net margin	3.90%	17.68%●
ROE	6.00%	14.79%●
ROIC	-0.59%	0.70%●

Dividends

Metric	HPE	LITE
Dividend yield	1.14%	—

Growth (annualized)

Metric	HPE	LITE
Revenue CAGR (5Y)	7.02%	7.50%●
EPS CAGR (5Y)	20.10%●	-26.64%
FCF CAGR (5Y)	26.64%●	-7.72%
Total return CAGR (5Y)	31.23%	59.21%●

Frequently asked

Which is better, HPE or LITE?: It depends on your goal. value: HPE (lower P/E); growth: LITE (faster 5Y revenue CAGR); quality: LITE (higher ROIC). Across all compared metrics, HPE leads 8 to 7.
Is HPE or LITE cheaper?: On trailing earnings, HPE is cheaper: HPE trades at a 46.59 P/E and LITE at 153.22.
Which has grown faster, HPE or LITE?: Over the past five years, LITE grew revenue faster — HPE at a 7.02% CAGR versus LITE at 7.50%.
Does HPE or LITE pay a bigger dividend?: HPE pays a dividend (1.14% yield) while LITE does not currently pay one.
Is HPE or LITE more profitable?: LITE runs the higher net margin — HPE at 3.90% versus LITE at 17.68%.
Which has been the better investment, HPE or LITE?: Over the past 10-year, LITE delivered the higher annualized total return — HPE at 18.91% versus LITE at 41.80%. Past performance doesn't predict future results.

Go deeper

Full HPE analysis Full LITE analysis Interactive comparison tool

Dig into the metrics

Hewlett Packard Enterprise P/E ratio Lumentum P/E ratio Hewlett Packard Enterprise dividend yield Lumentum dividend yield Hewlett Packard Enterprise ROE Lumentum ROE Hewlett Packard Enterprise operating margin Lumentum operating margin Hewlett Packard Enterprise revenue growth Lumentum revenue growth Hewlett Packard Enterprise free cash flow Lumentum free cash flow

Hewlett Packard Enterprise & Lumentum appear in these rankings

Highest FCF Yield Stocks Best 10-Year Total Return Stocks

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 24, 2026.