Hewlett Packard Enterprise Co
For the period ended Oct 31, 2024. Filed Dec 19, 2024.
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FY2024 · Filed Dec 19, 2024
HPE$47.93+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Earnings
| For the fiscal years ended October 31, | |||||
|---|---|---|---|---|---|
| 2024 · 2023 · 2022 | |||||
| In millions, except per share amounts | |||||
| Net Revenue: | |||||
| Products | $18,587 | $18,100 | $17,794 | ||
| Services | 10,872 | 10,488 | 10,219 | ||
| Financing income | 668 | 547 | 483 | ||
| Total net revenue | 30,127 | 29,135 | 28,496 | ||
| Costs and Expenses: | |||||
| Cost of products (exclusive of amortization shown separately below) | 12,961 | 11,958 | 12,463 | ||
| Cost of services (exclusive of amortization shown separately below) | 6,793 | 6,555 | 6,217 | ||
| Financing cost | 495 | 383 | 310 | ||
| Research and development | 2,246 | 2,349 | 2,045 | ||
| Selling, general and administrative | 4,871 | 5,160 | 4,941 | ||
| Amortization of intangible assets | 267 | 288 | 293 | ||
| Impairment of goodwill | — | — | 905 | ||
| Transformation costs | 93 | 283 | 473 | ||
| Disaster charges | 7 | 1 | 48 | ||
| Acquisition, disposition and other related charges | 204 | 69 | 19 | ||
| Total costs and expenses | 27,937 | 27,046 | 27,714 | ||
| Earnings from operations | 2,190 | 2,089 | 782 | ||
| Interest and other, net | (117) | (104) | (121) | ||
| Gain on sale of equity interest | 733 | — | — | ||
| Earnings from equity interests | 147 | 245 | 215 | ||
| Earnings before provision for taxes | 2,953 | 2,230 | 876 | ||
| Provision for taxes | (374) | (205) | (8) | ||
| Net earnings attributable to HPE | 2,579 | 2,025 | 868 | ||
| Preferred stock dividends | (25) | — | — | ||
| Net earnings attributable to common stockholders | $2,554 | $2,025 | $868 | ||
| Net Earnings Per Share Attributable to Common Stockholders: | |||||
| Basic | $1.95 | $1.56 | $0.67 | ||
| Diluted | $1.93 | $1.54 | $0.66 | ||
| Weighted-average Shares Used to Compute Net Earnings Per Share: | |||||
| Basic | 1,309 | 1,299 | 1,303 | ||
| Diluted | 1,337 | 1,316 | 1,322 | ||
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