DELLDell Technologies Inc.
Electronic Computers
- Revenue
- $113.5B
- 19% YoY
- Operating margin
- 7.2%
- 10.0% YoY
- EBITDA
- $11.2B
- 19% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 2.0×
- $22.9B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear188% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear67% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear15% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $101.2B | $102.3B | $88.4B | $95.6B | $113.5B | 19% |
| Operating income | $4.7B | $5.8B | $5.4B | $6.2B | $8.1B | 31% |
| Net income | $5.7B | $2.4B | $3.4B | $4.6B | $5.9B | 30% |
| Operating cash flow | $10.3B | $3.6B | $8.7B | $4.5B | $11.2B | 147% |
| Capex | $2.8B | $3.0B | $2.8B | $2.7B | $2.6B | 0.7% |
| Stock-based comp | $1.6B | $931M | $878M | $785M | $723M | 7.9% |
| Buybacks | $1.5B | $2.9B | $2.1B | $2.6B | $6.0B | 132% |
| Dividends | $0 | $964M | $1.1B | $1.3B | $1.5B | 14% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $1.2B · 1046
- Net
- −$1.2B
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $3M | $3M | 340 | 256 |
| FY2025 | $3M | $3M | 302 | 204 |
| FY2024 | $3M | $3M | 248 | 164 |
| FY2023 | $3M | $3M | 118 | 111 |
| FY2022 | $3M | $3M | 153 | 123 |