Apple vs HP
Apple is the larger business, with $478.83bn of revenue in fiscal 2026 against $55.30bn for HP (8.7 times as much). Apple grew faster (15.1% against 3.2%). Apple kept more of each dollar of sales as profit: a net margin of 27.6% against 4.6%.
| Latest fiscal year | AppleAAPL, 2026 | HPHPQ, 2025 |
|---|---|---|
| Revenue | $478.83bn | $55.30bn |
| Revenue growth | 15.1% | 3.2% |
| Net income | $132.18bn | $2.53bn |
| Operating margin | 33.0% | 5.7% |
| Net margin | 27.6% | 4.6% |
| Return on equity | 142.3% | — |
| Free cash flow | $136.06bn | $2.80bn |
| Cash | $36.30bn | $3.69bn |
| Total debt | $80.11bn | $9.72bn |
| Debt to equity | 71.5% | — |
| Dividend per share | $1.06 | $1.16 |
| Dividend yield | 0.3% | 4.3% |
| Share buybacks | $86.39bn | $850m |
| Employees | 166,000 | 55,000 |
| Market value | $4.94tn | $25.67bn |
| Price vs our value range | Above our value range | Below our value range |
| Moat score | 87 (Strong) | 64 (Moderate) |
| Insider trades, 12 months | 0 buys, 47 sales | 0 buys, 11 sales |