HP Inc. (HPQ) Operating Margin: 5.51%
Is HP Inc.’s operating margin high or low?
HP Inc.'s operating margin of 5.51% is 21% below its 5-year average of 6.98%, near the low end of its 5-year range (5.51%–8.44%).
As of Wednesday, June 17, 2026. 19.44% below its 12-month average of 6.84%.
HPQ Operating Margin Chart
HPQ Average Operating Margin Chart
HPQ Current vs Average Operating Margin Chart
HPQ Operating Margin Metrics
OPERATING MARGIN
5.51%
OPERATING MARGIN AVG TTM
6.84%
OPERATING MARGIN AVG 3Y
6.84%
OPERATING MARGIN AVG 5Y
6.98%
OPERATING MARGIN AVG 10Y
6.95%
OPERATING MARGIN AVG 15Y
7.14%
OPERATING MARGIN AVG 20Y
7.38%
CURRENT VS TTM AVG
-19.44%
CURRENT VS 3Y AVG
-19.44%
CURRENT VS 5Y AVG
-21.06%
CURRENT VS 10Y AVG
-20.75%
CURRENT VS 15Y AVG
-22.80%
CURRENT VS 20Y AVG
-25.37%
HPQ Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HP Inc. (HPQ) | $22.21B | 5.51% | 6.84% | 6.84% | 6.98% |
| F5, Inc. (FFIV)vs › | $22.02B | 24.65% | 24.09% | 19.99% | 18.63% |
| Atlassian Corporation (TEAM)vs › | $22.64B | -3.71% | -2.59% | -3.11% | -1.39% |
| Fabrinet (FN)vs › | $21.07B | 9.78% | 9.56% | 9.55% | 9.14% |
| Verisk Analytics, Inc. (VRSK)vs › | $23.53B | 44.87% | 44.05% | 46.66% | 44.30% |
| Fidelity National Information Services, Inc. (FIS)vs › | $20.79B | 17.90% | 16.67% | 18.42% | 16.86% |
| Zscaler, Inc. (ZS)vs › | $20.40B | -4.73% | -5.26% | -13.46% | -17.77% |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $24.19B | 15.66% | 15.68% | 15.13% | 14.75% |
| VeriSign, Inc. (VRSN)vs › | $24.45B | 67.93% | 67.81% | 67.20% | 66.54% |
| Okta, Inc. (OKTA)vs › | $19.03B | 5.67% | 1.42% | -15.92% | -24.53% |
Operating Efficiency
Gross Margin
20.2%
Operating Margin
5.5%
HP Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
HP Inc. Operating Margin FAQ
- What is the operating margin for HP Inc. (HPQ)?
- The operating margin for HPQ stock is 5.51%.
- Is HP Inc.'s operating margin high or low?
- HP Inc.'s operating margin of 5.51% is 21% below its 5-year average of 6.98%, near the low end of its 5-year range (5.51%–8.44%).
- What is the TTM average operating margin for HP Inc. (HPQ)?
- The TTM average operating margin for HPQ stock is 6.84%.
- What is the 3Y average operating margin for HP Inc. (HPQ)?
- The 3Y average operating margin for HPQ stock is 6.84%.
- What is the 5Y average operating margin for HP Inc. (HPQ)?
- The 5Y average operating margin for HPQ stock is 6.98%.
- What is the 10Y average operating margin for HP Inc. (HPQ)?
- The 10Y average operating margin for HPQ stock is 6.95%.
- What is the 15Y average operating margin for HP Inc. (HPQ)?
- The 15Y average operating margin for HPQ stock is 7.14%.
- What is the 20Y average operating margin for HP Inc. (HPQ)?
- The 20Y average operating margin for HPQ stock is 7.38%.
HP Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-10-31 | 6.55% |
| 2024-10-31 | 7.13% |
| 2023-10-31 | 6.43% |
| 2022-10-31 | 7.25% |
| 2021-10-31 | 8.44% |
| 2020-10-31 | 6.08% |
| 2019-10-31 | 6.60% |
| 2018-10-31 | 6.55% |
| 2017-10-31 | 6.47% |
| 2016-10-31 | 7.36% |
| 2015-10-31 | 7.62% |
| 2014-10-31 | 7.51% |
| 2013-10-31 | 6.35% |
| 2012-10-31 | -9.19% |
| 2011-10-31 | 7.61% |
| 2010-10-31 | 9.11% |
| 2009-10-31 | 8.85% |
| 2008-10-31 | 8.85% |
| 2007-10-31 | 8.36% |
| 2006-10-31 | 7.16% |
| 2005-10-31 | 4.01% |
| 2004-10-31 | 5.29% |
| 2003-10-31 | 3.96% |
| 2002-10-31 | -1.79% |
| 2001-10-31 | 3.18% |
| 2000-10-31 | 8.24% |
| 1999-10-31 | 8.70% |
| 1998-10-31 | 8.62% |
| 1997-10-31 | 9.60% |
| 1996-10-31 | 9.70% |
About HP Inc.
HP Inc. is a global technology company specializing in personal computing devices, imaging and printing solutions, and a variety of related technologies, software, and support services, serving clients both in the United States and worldwide. Its operations are structured into three main divisions: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers a broad array of computing hardware, including desktop and laptop personal computers for both business and individual consumers, along with specialized workstations, thin clients, commercial mobile devices, retail point-of-sale systems, displays, and various peripherals. This division also encompasses essential software, support, and associated services. The Printing division focuses on delivering printer hardware for both general consumers and commercial clients, alongside a full suite of supplies, comprehensive print solutions, and related services. Finally, the Corporate Investments segment is dedicated to fostering innovation through HP Labs, incubating new business ventures, and managing various investment projects. HP's extensive client base spans individual end-users, small and medium-sized enterprises (SMEs), and major corporations, reaching diverse sectors such as government, healthcare, and education. Established in 1939, the company initially operated as Hewlett-Packard Company before rebranding to HP Inc. in October 2015. Its corporate headquarters are located in Palo Alto, California.
- Sector
- Technology
- Industry
- Computer Hardware
- CEO
- Bruce Dale Broussard