Stock Analysis on Net

HP Inc. (NYSE:HPQ)

This company has been moved to the archive! The financial data has not been updated since August 29, 2019.

Common-Size Income Statement

HP Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Oct 31, 2018 Oct 31, 2017 Oct 31, 2016 Oct 31, 2015 Oct 31, 2014 Oct 31, 2013
Net revenue 100.00 100.00 100.00 100.00 100.00 100.00
Cost of revenue -81.75 -81.60 -81.35 -76.04 -76.12 -76.92
Gross profit 18.25% 18.40% 18.65% 23.96% 23.88% 23.08%
Research and development -2.40 -2.29 -2.51 -3.39 -3.09 -2.79
Selling, general and administrative -8.31 -8.41 -7.95 -11.79 -11.98 -11.81
Restructuring and other charges -0.23 -0.70 -0.42 -0.98 -1.45 -0.88
Acquisition-related charges -0.21 -0.24 -0.01 -0.09 -0.01 -0.02
Amortization of intangible assets -0.14 0.00 -0.03 -0.90 -0.90 -1.22
Separation costs 0.00 0.00 0.00 -1.22 0.00 0.00
Defined benefit plan settlement charges -0.01 -0.01 -0.37 -0.16 0.00 0.00
Impairment of data center assets 0.00 0.00 0.00 -0.13 0.00 0.00
Earnings from operations 6.95% 6.76% 7.36% 5.29% 6.45% 6.35%
Interest expense on borrowings -0.53 -0.59 -0.57 -0.32 -0.31 -0.38
Loss on extinguishment of debt -0.22 0.00 0.00 0.00 0.00 0.00
Tax indemnifications -1.13 0.09 0.98 0.00 0.00 0.00
Other, net 0.08 0.04 0.03 -0.40 -0.25 -0.17
Interest and other, net -1.80% -0.47% 0.44% -0.72% -0.56% -0.55%
Earnings from continuing operations before taxes 5.15% 6.29% 7.80% 4.58% 5.88% 5.80%
(Provision for) benefit from taxes 3.96 -1.44 -2.27 -0.17 -1.39 -1.24
Net earnings from continuing operations 9.11% 4.85% 5.53% 4.41% 4.50% 4.55%
Net loss from discontinued operations 0.00 0.00 -0.35 0.00 0.00 0.00
Net earnings 9.11% 4.85% 5.17% 4.41% 4.50% 4.55%

Based on: 10-K (reporting date: 2018-10-31), 10-K (reporting date: 2017-10-31), 10-K (reporting date: 2016-10-31), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-10-31), 10-K (reporting date: 2013-10-31).

Income statement item Description The company
Earnings from operations The net result for the period of deducting operating expenses from operating revenues. HP Inc. earnings from operations as a percentage of net revenue decreased from 2016 to 2017 but then slightly increased from 2017 to 2018.
Earnings from continuing operations before taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. HP Inc. earnings from continuing operations before taxes as a percentage of net revenue decreased from 2016 to 2017 and from 2017 to 2018.
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. HP Inc. net earnings as a percentage of net revenue decreased from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.