HPEHewlett Packard Enterprise

$55.24

Is it safe?

Can HPE take a bad year?

Hewlett Packard Enterprise carries $15.2B of net debt at 4.16× EBITDA: a heavy load to carry through a bad year.

$15.2B

Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
4.16×

Net debt / EBITDA · 2.68× a year ago · the load is going up

Altman Z-score
1.15

Altman Z-score · distress zone, below 1.8

Debt / equity
0.81×

Debt / equity

Details
Total debtQ2 2026
$20.5B
Cash and short-term investments
$5.29B
Net debt
$15.2B
EBITDA, trailing twelve months
$3.65B
Operating profit, trailing twelve months
$1.46B
Debt / equity
0.81×
Total debt / EBITDA
5.61×
Annualised volatilitytwo years of daily moves
50%
Worst drawdown on file
−57%
Below its 52-week high
−7.6%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.