HP Inc. (HPQ) vs Splunk Inc. (SPLK)

SPLK leads on 8 of 13 compared metrics, though HPQ is the cheaper stock.

A side-by-side comparison of HP Inc. and Splunk Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — HPQ vs SPLK

growth of $100 · last 12y
HPQ +168.7%SPLK +342.2%SPLK compounded faster
200400600Start $100201420162018202020222024$269$442
HPQ SPLK

HPQ vs SPLK: by the numbers

  • SPLK is the larger company ($26.44B vs $23.08B market cap).
  • HPQ trades at the lower earnings multiple (9.31 vs 104.60 P/E).
  • SPLK converts more revenue to profit (6.26% vs 4.45% net margin).
  • SPLK grew revenue faster over the past five years (18.52% vs -1.23% CAGR).
  • HPQ pays a dividend (4.71% yield) while SPLK does not currently pay one.

Which is better, HPQ or SPLK?

Metric tally: HPQ 5 · SPLK 8

It depends on what you're optimizing for:

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

Valuation

MetricHPQSPLK
P/E ratio9.31104.60
Forward P/E8.35
P/S ratio0.416.29
P/B ratio35.82
PEG ratio1.590.71
EV / EBITDA7.4861.01
FCF yield16.18%3.71%

Profitability

MetricHPQSPLK
Gross margin20.21%79.74%
Operating margin5.51%6.95%
Net margin4.45%6.26%
ROE-730.92%35.61%
ROIC24.97%7.66%

Dividends

MetricHPQSPLK
Dividend yield4.71%
Payout ratio44.55%

Growth (annualized)

MetricHPQSPLK
Revenue CAGR (5Y)-1.23%18.52%
EPS CAGR (5Y)5.84%
FCF CAGR (5Y)-7.31%29.25%
Total return CAGR (5Y)0.21%4.06%

Frequently asked

Which is better, HPQ or SPLK?
It depends on your goal. value: HPQ (lower P/E); growth: SPLK (faster 5Y revenue CAGR); quality: HPQ (higher ROIC). Across all compared metrics, SPLK leads 8 to 5.
Is HPQ or SPLK cheaper?
On trailing earnings, HPQ is cheaper: HPQ trades at a 9.31 P/E and SPLK at 104.60.
Which has grown faster, HPQ or SPLK?
Over the past five years, SPLK grew revenue faster — HPQ at a -1.23% CAGR versus SPLK at 18.52%.
Does HPQ or SPLK pay a bigger dividend?
HPQ pays a dividend (4.71% yield) while SPLK does not currently pay one.
Is HPQ or SPLK more profitable?
SPLK runs the higher net margin — HPQ at 4.45% versus SPLK at 6.26%.
Which has been the better investment, HPQ or SPLK?
Over the past 10-year, HPQ delivered the higher annualized total return — HPQ at 10.22% versus SPLK at 5.71%. 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 14, 2026.