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

HPQ leads on 8 of 14 compared metrics.

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 June 27, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — HPQ vs SMCI

growth of $100 · last 19y
HPQ +26.7%SMCI +3396.6%SMCI compounded faster
Log scale — wide-divergence pair
101001k10k100kStart $1002011201520192023$127$3,497
HPQ SMCI

HPQ vs SMCI: by the numbers

  • HPQ is the larger company ($20.92B vs $19.81B market cap).
  • HPQ trades at the lower earnings multiple (8.44 vs 16.21 P/E).
  • HPQ converts more revenue to profit (4.45% vs 3.70% net margin).
  • SMCI grew revenue faster over the past five years (58.36% vs -1.23% CAGR).
  • HPQ pays a dividend (5.24% yield) while SMCI does not currently pay one.

Which is better, HPQ or SMCI?

Metric tally: HPQ 8 · SMCI 6

It depends on what you're optimizing for:

ValueHPQ(lower P/E)
GrowthSMCI(faster 5Y revenue CAGR)
QualityHPQ(higher ROIC)

Metrics side by side

Valuation

MetricHPQSMCI
P/E ratio8.4416.21
Forward P/E7.5711.80
P/S ratio0.370.61
P/B ratio2.72
PEG ratio1.450.27
EV / EBITDA6.7616.36
FCF yield17.86%

Profitability

MetricHPQSMCI
Gross margin20.21%8.39%
Operating margin5.51%4.48%
Net margin4.45%3.70%
ROE-730.92%16.47%
ROIC24.97%9.26%

Dividends

MetricHPQSMCI
Dividend yield5.24%
Payout ratio44.94%

Growth (annualized)

MetricHPQSMCI
Revenue CAGR (5Y)-1.23%58.36%
EPS CAGR (5Y)5.84%59.78%
FCF CAGR (5Y)-7.31%84.64%
Total return CAGR (5Y)-1.49%53.42%

Frequently asked

Which is better, HPQ or SMCI?
It depends on your goal. value: HPQ (lower P/E); growth: SMCI (faster 5Y revenue CAGR); quality: HPQ (higher ROIC). Across all compared metrics, HPQ leads 8 to 6.
Is HPQ or SMCI cheaper?
On trailing earnings, HPQ is cheaper: HPQ trades at a 8.44 P/E and SMCI at 16.21.
Which has grown faster, HPQ or SMCI?
Over the past five years, SMCI grew revenue faster — HPQ at a -1.23% CAGR versus SMCI at 58.36%.
Does HPQ or SMCI pay a bigger dividend?
HPQ pays a dividend (5.24% yield) while SMCI does not currently pay one.
Is HPQ or SMCI more profitable?
HPQ runs the higher net margin — HPQ at 4.45% versus SMCI at 3.70%.
Which has been the better investment, HPQ or SMCI?
Over the past 10-year, SMCI delivered the higher annualized total return — HPQ at 10.09% versus SMCI at 28.36%. 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 June 27, 2026.