HP Inc. (HPQ) vs Super Micro Computer, Inc. (SMCI)

A side-by-side comparison of HP Inc. and Super Micro Computer, Inc. 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.

Compare

Total returnHPQ vs SMCI

growth of $100 · dividends reinvested · last 10y
HPQ +243.2% (+13.1%/yr)SMCI +1773.8% (+34.1%/yr)SMCI compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$343$1,874
HPQ SMCI

HPQ vs SMCI: by the numbers

  • HPQ is the larger company ($29.30B vs $26.87B market cap).
  • HPQ trades at the lower trailing earnings multiple (12.23 vs 12.74 P/E), one valuation lens rather than an overall verdict.
  • SMCI converts more revenue to profit (5.71% vs 4.14% net margin).
  • SMCI grew revenue faster over the past five years (61.49% vs -0.96% CAGR).
  • HPQ pays a dividend (3.38% yield), while SMCI has no payments in the available dividend history.

Metrics side by side

Valuation

MetricHPQSMCI
P/E ratio12.2312.74
Forward P/E9.849.57
P/S ratio0.500.69
P/B ratioN/A1.86
EV / EBITDA8.609.07
FCF yield13.25%N/A

Profitability

MetricHPQSMCI
Gross margin19.78%10.82%
Operating margin5.64%7.09%
Net margin4.14%5.71%
ROEN/A15.40%
ROIC22.46%9.73%

Dividends

MetricHPQSMCI
Dividend yield3.38%N/A
Payout ratio45.80%N/A

Growth (annualized)

MetricHPQSMCI
Revenue CAGR (5Y)-0.96%61.49%
EPS CAGR (5Y)5.84%46.02%
FCF CAGR (5Y)-4.59%N/A
Total return CAGR (5Y)8.87%61.38%

Frequently asked

Which has the lower trailing P/E, HPQ or SMCI?
HPQ has the lower trailing P/E: HPQ trades at 12.23 and SMCI at 12.74. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, HPQ or SMCI?
Over the past five years, SMCI grew revenue faster — HPQ at a -0.96% CAGR versus SMCI at 61.49%.
Does HPQ or SMCI pay a bigger dividend?
HPQ pays a dividend (3.38% yield), while SMCI has no payments in the available dividend history.
Is HPQ or SMCI more profitable?
SMCI runs the higher net margin — HPQ at 4.14% versus SMCI at 5.71%.
How have HPQ and SMCI total returns compared?
Over the past 10 years, HPQ delivered 13.56% and SMCI delivered 34.23% annualized total return. Past performance doesn't predict future results.

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.