HP Inc. (HPQ)

HP Inc. Income Statement

Financials in millions USD. Fiscal year is November - October.

Year Ending	TTM	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020	Oct 31, 2019
Revenue	52,998	53,718	62,910	63,460	56,638	58,756
Revenue Growth (YoY)	-5.57%	-14.61%	-0.87%	12.04%	-3.60%	0.49%
Cost of Revenue	41,280	42,210	50,647	50,053	46,217	47,586
Gross Profit	11,718	11,508	12,263	13,407	10,421	11,170
Selling, General & Admin	5,473	5,357	5,264	5,727	4,901	5,368
Research & Development	1,600	1,578	1,653	1,848	1,477	1,499
Other Operating Expenses	792	1,117	787	473	601	426
Operating Expenses	7,865	8,052	7,704	8,048	6,979	7,293
Operating Income	3,853	3,456	4,559	5,359	3,442	3,877
Interest Expense / Income	475	519	235	-2,209	231	1,354
Pretax Income	3,378	2,937	4,324	7,568	3,211	2,523
Income Tax	409	-326	1,192	1,027	396	-629
Net Income	2,969	3,263	3,132	6,541	2,815	3,152
Net Income Growth	13.23%	4.18%	-52.12%	132.36%	-10.69%	-40.83%
Shares Outstanding (Basic)	984	992	1,038	1,208	1,413	1,515
Shares Outstanding (Diluted)	990	1,000	1,050	1,220	1,420	1,524
Shares Change	-0.80%	-4.76%	-13.93%	-14.08%	-6.82%	-6.73%
EPS (Basic)	3.00	3.29	3.02	5.41	1.99	2.08
EPS (Diluted)	2.96	3.26	2.98	5.36	1.98	2.07
EPS Growth	12.98%	9.40%	-44.40%	170.71%	-4.35%	-36.50%
Free Cash Flow	3,105	2,978	3,698	5,827	3,739	3,983
Free Cash Flow Per Share	3.15	3.00	3.56	4.82	2.65	2.63
Dividend Per Share	1.076	1.050	1.000	0.775	0.705	0.640
Dividend Growth	4.98%	5.00%	29.03%	9.93%	10.16%	14.90%
Gross Margin	22.11%	21.42%	19.49%	21.13%	18.40%	19.01%
Operating Margin	7.27%	6.43%	7.25%	8.44%	6.08%	6.60%
Profit Margin	5.60%	6.07%	4.98%	10.31%	4.97%	5.36%
Free Cash Flow Margin	5.86%	5.54%	5.88%	9.18%	6.60%	6.78%
Effective Tax Rate	12.11%	-11.10%	27.57%	13.57%	12.33%	-24.93%
EBITDA	4,696	4,306	5,339	6,144	4,231	4,621
EBITDA Margin	8.86%	8.02%	8.49%	9.68%	7.47%	7.86%
Depreciation & Amortization	843	850	780	785	789	744
EBIT	3,853	3,456	4,559	5,359	3,442	3,877
EBIT Margin	7.27%	6.43%	7.25%	8.44%	6.08%	6.60%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).