Dell Technologiesvs.HPE
DELL vs HPE · both in Data centers, part of the AI & digital infrastructure value chain: Servers, networking, optics and data center capacity that tie AI infrastructure together.
Dell Technologies is about 4.0× larger than HPE by market cap; Dell Technologies trades at the lower P/E (38.1 vs 51.3); year to date, Dell Technologies leads (+244.1% vs +118.3%).
Side by side
| DELL | HPE | |
|---|---|---|
| Market cap | $320B | $79.8B |
| Price | $451.50 | $53.44 |
| Today | +4.2% | +1.9% |
| Return YTD | +244.1% | +118.3% |
| Return 1Y | +231.1% | +133.5% |
| P/E | 38.1 | 51.3 |
| P/S | 2.4 | 2.1 |
| P/B | 35.8 | 3.2 |
Data as of 2026-08-26 · updates daily after U.S. close
The two companies
Dell TechnologiesDELL
Dell's AI server backlog has grown quickly, sold to enterprises and cloud operators alike, on top of a long-standing PC and storage business.
Full DELL profile →HPEHPE
Cray supercomputers and ProLiant AI servers on one side; on the other, a networking business that grew considerably with the Juniper acquisition.
Full HPE profile →More DELL & HPE comparisons
Other head-to-heads in the Data centers segment.
See where DELL and HPE sit in the full AI & digital infrastructure map: every segment from suppliers to end markets.Open the AI value chain →