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  • Previous Rank48
  • Revenues ($M)$48,238
  • Revenue Percent Change-53.3%
  • Profits ($M)$2,496
  • Profits Percent Change-45.2%
  • Assets ($M)$29,010
  • Employees49,000

More than a year after its historic break up into two separate businesses, HP Inc. and Hewlett Packard Enterprise (“HPE”), the company formerly known as Hewlett Packard continues to shape-shift in search of its ideal fighting weight. While HPE shed key assets in two multibillion-dollar deals, HP Inc. “under the leadership of CEO Dion Weisler” focused on “pockets of growth” in its core businesses. In May a triumphant Weisler announced a “breakthrough quarter” as its personal computing and print systems businesses grew for the first time since 2010. Still, the headwinds are real, and the company is focused on threats of increased competition from Asian manufacturers. One thing to keep an eye on: the company’s continued push into 3-D printing for the manufacturing market. Note: Percent change in revenue and profit is based on comparison to HP’s pre-spinoff 2015 figures.

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Company Information

CEO
Dion J. Weisler
Sector
Technology
Industry
Computers, Office Equipment
HQ Location
Palo Alto, CA
Websitehttp://www.hp.com
Years on Global 500 List23
Employees49,000
Figures are for fiscal year ended Oct. 31, 2016. Spun off Hewlett Packard Enterprise (2016 rank: 181), Nov. 1, 2015.

HP Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$48,238-53.3%
Profits ($M)$2,496-45.2%
Assets ($M)$29,010-
Total Stockholder Equity ($M)$-3,889-

Profit Ratios

Profit as % of Revenues5.2%
Profits as % of Assets8.6%
Profits as % of Stockholder Equity-