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Hewlett Packard Enterprise vs Sandisk

Hewlett Packard Enterprise is the larger business, with $34.30bn of revenue in fiscal 2025 against $20.25bn for Sandisk (1.7 times as much). Sandisk grew faster (175.3% against 13.8%). Sandisk kept more of each dollar of sales as profit: a net margin of 56.5% against 0.2%. Sandisk carries less debt relative to equity (0.0% against 106.8%).

Latest fiscal yearHewlett Packard EnterpriseHPE, 2025SandiskSNDK, 2026
Revenue $34.30bn $20.25bn
Revenue growth 13.8% 175.3%
Net income $57.0m $11.43bn
Operating margin -1.3% 61.2%
Net margin 0.2% 56.5%
Return on equity 0.2% 91.6%
Free cash flow $627m $11.49bn
Cash $5.77bn $4.76bn
Total debt $26.36bn $0
Debt to equity 106.8% 0.0%
Dividend per share $0.52 —
Dividend yield 1.1% —
Share buybacks $202m $4.52bn
Employees 67,000 —
Market value $70.54bn $160.42bn
Price vs our value range Within our value range Below our value range
Moat score 27 (Weak) —
Insider trades, 12 months 0 buys, 33 sales 0 buys, 76 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.