# Dell Technologies Inc. Class C Common Stock (DELL) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Technology / Technology Hardware, Storage & Peripherals. Price $524.14, market value $338.7 billion.

## Valuation
- **P/E (trailing): 30.5×** (5-yr avg 14.8×, 3-yr avg 15.7×). Dell Technologies Inc. Class C Common Stock trades at 30.5× trailing earnings, well above its own five-year average of 14.8×: investors are paying up relative to the company's past. The Technology median in the September 2026 study was 32.1×. Forward P/E is 18.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.51**. A PEG of 0.51 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.5×**. Each dollar of revenue is priced at 2.5×.
- **EV / EBITDA: 26.2×**. Enterprise value is 26.2× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 2.8%** (5-yr avg 8.7%). Free cash flow equals 2.8% of the market value, below its five-year average of 8.7%, so the shares are pricier on cash than usual.
- **Earnings yield: 3.3%**. The inverse of the P/E: 3.3% of the price is earned each year.

## Profitability
- **Gross margin: 19.1%**. Dell Technologies Inc. Class C Common Stock keeps 19.1% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 7.9%**. 7.9% of revenue is left after running the business.
- **Net margin: 5.2%**. 5.2% of each dollar of sales reaches the bottom line.
- **Return on equity: -240.3%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 48.0%**. Return on all capital, debt included, is 48.0%: comfortably above what that capital costs.
- **Return on assets: 8.3%**. Each dollar of assets produces 8.3% of profit.

## Growth
- **Revenue growth (1 yr): 18.8%** (3-yr 3.5%/yr, 5-yr 5.5%/yr). Revenue grew 18.8% over the last year, against 5.5% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 36.1%** (3-yr 38.9%/yr, 5-yr 15.5%/yr). Earnings per share rose 36.1%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 147.8%/yr**. Free cash flow has compounded at 147.8% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Net debt / EBITDA: 1.5×**. It would take 1.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 3.31**. A Z-score of 3.31 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.48%** ($2.31 per share, trailing). Dell Technologies Inc. Class C Common Stock yields 0.48%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 25%** (16% of free cash flow). 25% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 4**. 4 straight years of increases.

## Analyst view
- **Analyst consensus: buy** (23 analysts). 23 analysts cover Dell Technologies Inc. Class C Common Stock; the consensus is buy, with an average price target of $510.26 (-3% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 319.1%** (YTD 320.2%, 3-mo 33.1%). The shares are up 319.1% over twelve months including dividends.
- **From 52-week high: -2.0%** (375.5% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 64**. An RSI of 64 is neutral.
- **Beta (1 yr): 2.20** (volatility 74%). Beta of 2.20 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=DELL · Page: https://foliofundamentals.com/stocks/dell

Not investment advice.