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.
HPQ
HP Inc.
$32.04TechnologyDelayed quote: Sep 22, 2026, 4:00 PM EDT
SMCI
Super Micro Computer, Inc.
$41.54TechnologyDelayed quote: Sep 22, 2026, 4:00 PM EDT
Total return — HPQ vs SMCI
growth of $100 · dividends reinvested · last 10yHPQ +243.2% (+13.1%/yr)SMCI +1773.8% (+34.1%/yr)SMCI compounded faster over this window
Log scale — wide-divergence pair
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
| Metric | HPQ | SMCI |
|---|---|---|
| P/E ratio | 12.23 | 12.74 |
| Forward P/E | 9.84 | 9.57 |
| P/S ratio | 0.50 | 0.69 |
| P/B ratio | N/A | 1.86 |
| EV / EBITDA | 8.60 | 9.07 |
| FCF yield | 13.25% | N/A |
Profitability
| Metric | HPQ | SMCI |
|---|---|---|
| Gross margin | 19.78% | 10.82% |
| Operating margin | 5.64% | 7.09% |
| Net margin | 4.14% | 5.71% |
| ROE | N/A | 15.40% |
| ROIC | 22.46% | 9.73% |
Dividends
| Metric | HPQ | SMCI |
|---|---|---|
| Dividend yield | 3.38% | N/A |
| Payout ratio | 45.80% | N/A |
Growth (annualized)
| Metric | HPQ | SMCI |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
HP P/E ratioSuper Micro Computer P/E ratioHP dividend yieldHP ROESuper Micro Computer ROEHP operating marginSuper Micro Computer operating marginHP revenue growthSuper Micro Computer revenue growthHP free cash flowSuper Micro Computer free cash flow
HP & Super Micro Computer 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.