Financials HP Inc.

Equities

HPQ

US40434L1052

Computer Hardware

Market Closed - Nyse Other stock markets 04:00:02 2025-12-15 pm EST			5-day change	1st Jan Change
24.49 ^USD	-1.01%		-5.48%	-24.95%

Dec. 10	HP Insider Sold Shares Worth $1,090,182, According to a Recent SEC Filing	MT
Dec. 04	MAbxience and HP Drive the Use of Artificial Intelligence in Biomanufacturing and Biosimilar Development	CI

Projected Income Statement: HP Inc.

Fiscal Period: October	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	63,487	62,983	53,718	53,559	55,295	56,306	57,090	58,015
Change	-	-0.79%	-14.71%	-0.3%	3.24%	1.83%	1.39%	1.62%
EBITDA ¹	6,554	6,258	5,423	5,350	5,025	4,705	4,608	4,775
Change	-	-4.52%	-13.34%	-1.35%	-6.07%	-6.36%	-2.08%	3.64%
EBIT ¹	5,769	5,478	4,573	4,520	4,109	3,904	3,965	4,101
Change	-	-5.04%	-16.52%	-1.16%	-9.09%	-4.98%	1.55%	3.42%
Interest Paid ¹	-254	-359	-519	-539	-506	-585	-568.5	-542.5
Earnings before Tax (EBT) ¹	7,511	4,441	2,937	3,279	2,668	2,898	3,436	2,951
Change	-	-40.87%	-33.87%	11.64%	-18.63%	8.62%	18.58%	-14.12%
Net income ¹	6,503	3,203	3,263	2,775	2,529	2,561	2,850	2,847
Change	-	-50.75%	1.87%	-14.96%	-8.86%	1.27%	11.27%	-0.08%
Announcement Date	11/23/21	11/22/22	11/21/23	11/26/24	11/25/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: October	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	15,646	15,877	15,289	16,675	17,028	16,490	14,664	14,801	13,828	12,913	13,196	13,817	13,185	12,800	13,519	14,055	13,504	13,220	13,932	14,639	13,905	13,452	14,180	14,771	14,126	13,560	14,251	14,843
Change	-	1.48%	-3.7%	9.07%	2.12%	-3.16%	-11.07%	0.93%	-6.57%	-6.62%	2.19%	4.71%	-4.57%	-2.92%	5.62%	3.96%	-3.92%	-2.1%	5.39%	5.07%	-5.02%	-3.26%	5.41%	4.17%	-4.36%	-4.01%	5.1%	4.15%
EBITDA ¹	1,680	1,629	1,699	1,546	1,696	1,637	1,570	1,355	1,284	1,333	1,383	1,459	1,311	1,334	1,297	1,408	1,181	1,166	1,301	1,377	1,195	1,181	1,155	1,218	-	-	-	-
Change	-	-3.04%	4.3%	-9.01%	9.7%	-3.48%	-4.09%	-13.69%	-5.24%	3.82%	3.75%	5.5%	-10.14%	1.75%	-2.77%	8.56%	-16.12%	-1.27%	11.58%	5.84%	-13.21%	-1.14%	-2.25%	5.5%	-	-	-	-
EBIT ¹	1,477	1,443	1,503	1,346	1,499	1,444	1,389	1,146	1,075	1,121	1,166	1,247	1,106	1,125	1,089	1,200	984	961	995	1,169	994.5	986.6	932.5	1,011	939.8	955.5	1,026	1,131
Change	-	-2.3%	4.16%	-10.45%	11.37%	-3.67%	-3.81%	-17.49%	-6.2%	4.28%	4.01%	6.95%	-11.31%	1.72%	-3.2%	10.19%	-18%	-2.34%	3.54%	17.49%	-14.92%	-0.8%	-5.48%	8.38%	-7.01%	1.67%	7.34%	10.27%
Charge d'intérêts ¹	-63	-64	-55	-61	-61	-74	-70	-154	-143	-160	-16	-162	-142	-155	-113	-129	-141	-148	-92	-125	-139.5	-139	-138.5	-140.5	-140	-139.5	-139	-138.5
Earnings before Tax (EBT) ¹	1,296	-	1,326	3,553	1,327	-	1,202	673	584	602	936	852	793	797	827	862	704	506	624	834	752	670	705	771	652	613	732	811
Change	-	-	-	167.95%	-62.65%	-	-	-44.01%	-13.22%	3.08%	55.48%	-8.97%	-6.92%	0.5%	3.76%	4.23%	-18.33%	-28.12%	23.32%	33.65%	-9.83%	-10.9%	5.22%	9.36%	-15.43%	-5.98%	19.41%	10.79%
Net income ¹	1,068	1,228	1,108	3,099	1,086	1,000	1,119	-2	487	1,066	766	974	622	607	640	906	565	406	763	795	649.1	608.1	631.5	672.4	640.4	622	672.3	734.3
Change	-	14.98%	-9.77%	179.69%	-64.96%	-7.92%	11.9%	-100.18%	24,450%	118.89%	-28.14%	27.15%	-36.14%	-2.41%	5.44%	41.56%	-37.64%	-28.14%	87.93%	4.19%	-18.36%	-6.31%	3.86%	6.47%	-4.75%	-2.88%	8.09%	9.22%
Announcement Date	2/25/21	5/27/21	8/26/21	11/23/21	2/28/22	5/31/22	8/30/22	11/22/22	2/28/23	5/30/23	8/29/23	11/21/23	2/28/24	5/29/24	8/28/24	11/26/24	2/27/25	5/28/25	8/27/25	11/25/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: HP Inc.

Fiscal Period: October	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	3,193	7,869	6,252	6,416	5,961	5,522	5,439	5,322
Change	-	146.45%	-20.55%	2.62%	-7.09%	-7.36%	-1.5%	-2.15%
Announcement Date	11/23/21	11/22/22	11/21/23	11/26/24	11/25/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: HP Inc.

Fiscal Period: October	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	582	791	609	592	897	797.9	792.5	826.5
Change	-	35.91%	-23.01%	-2.79%	51.52%	-11.05%	-0.68%	4.3%
Free Cash Flow (FCF) ¹	5,827	3,672	2,962	3,300	2,900	2,950	2,918	3,098
Change	-	-36.98%	-19.34%	11.41%	-12.12%	1.74%	-1.08%	6.16%
Announcement Date	11/23/21	11/22/22	11/21/23	11/26/24	11/25/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: HP Inc.

Fiscal Period: October	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	10.32%	9.94%	10.1%	9.99%	9.09%	8.36%	8.07%	8.23%
EBIT Margin (%)	9.09%	8.7%	8.51%	8.44%	7.43%	6.93%	6.95%	7.07%
EBT Margin (%)	11.83%	7.05%	5.47%	6.12%	4.83%	5.15%	6.02%	5.09%
Net margin (%)	10.24%	5.09%	6.07%	5.18%	4.57%	4.55%	4.99%	4.91%
FCF margin (%)	9.18%	5.83%	5.51%	6.16%	5.24%	5.24%	5.11%	5.34%
FCF / Net Income (%)	89.6%	114.64%	90.78%	118.92%	114.67%	115.2%	102.41%	108.81%
Profitability
ROA	12.61%	11.11%	8.68%	8.68%	7.28%	6.34%	6.24%	5.7%
ROE	-	-	-160.09%	-	-	559.34%	290.42%	258.04%
Financial Health
Leverage (Debt/EBITDA)	0.49x	1.26x	1.15x	1.2x	1.19x	1.17x	1.18x	1.11x
Debt / Free cash flow	0.55x	2.14x	2.11x	1.94x	2.06x	1.87x	1.86x	1.72x
Capital Intensity
CAPEX / Current Assets (%)	0.92%	1.26%	1.13%	1.11%	1.62%	1.42%	1.39%	1.42%
CAPEX / EBITDA (%)	8.88%	12.64%	11.23%	11.07%	17.85%	16.96%	17.2%	17.31%
CAPEX / FCF (%)	9.99%	21.54%	20.56%	17.94%	30.93%	27.04%	27.15%	26.68%
Items per share
Cash flow per share ¹	5.253	4.25	3.571	3.791	3.879	4.488	4.601	5.134
Change	-	-19.1%	-15.98%	6.15%	2.34%	15.7%	2.51%	11.59%
Dividend per Share ¹	0.78	1	1.05	1.1	1.16	1.202	1.251	1.31
Change	-	28.21%	5%	4.76%	5.45%	3.64%	4.06%	4.73%
Book Value Per Share ¹	-1.352	-2.978	-1.078	-1.351	-0.3658	0.9528	2.343	3.241
Change	-	-120.16%	63.81%	-25.41%	72.93%	360.48%	145.87%	38.34%
EPS ¹	5.33	3.05	3.26	2.81	2.65	2.749	3.071	3.182
Change	-	-42.78%	6.89%	-13.8%	-5.69%	3.75%	11.69%	3.63%
Nbr of stocks (in thousands)	1,152,519	1,152,519	988,269	963,718	934,702	917,985	917,985	917,985
Announcement Date	11/23/21	11/22/22	11/21/23	11/26/24	11/25/25	-	-	-