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Dell Technologies Inc. (DELL) Fundamental Analysis & AI Grade 2026

DELL NYSE Electronic Computers DE CIK: 0001571996
Recently Updated • Analysis: Jun 10, 2026 • SEC Data: 2026-05-01
Combined AI Grade
B
70% Confidence
STRONG AGREEMENT
B
65% Conf
B
76% Conf

📊 DELL Key Takeaways

Revenue: $43.8B
Net Margin: 7.8%
Free Cash Flow: $3.1B
Current Ratio: 0.95x
Debt/Equity: N/A
EPS: $5.24
AI Grade: B with 65% confidence
Dell Technologies Inc. (DELL) receives a B fundamental grade with 70% confidence from our AI analysis based on SEC 10-K filings. With revenue of $43.8B, net profit margin of 7.8%, Dell Technologies Inc. demonstrates mixed fundamentals in the Technology sector. Below is our complete DELL stock analysis for 2026.

Is Dell Technologies Inc. (DELL) a Good Investment?

Claude

Dell exhibits strong topline growth of 18.8% and robust operating cash generation of $4.1B, demonstrating operational vitality. However, negative stockholders' equity of -$1.4B, stagnant net income despite revenue expansion, and a below-1.0x current ratio reveal balance sheet fragility and margin compression that pose structural risks requiring management action.

ChatGPT

Dell shows solid fundamental momentum with strong double-digit revenue growth, healthy free cash flow generation, and very strong interest coverage. However, growth quality is mixed because net income was flat despite the revenue increase, margins remain modest, and the balance sheet carries negative equity and sub-1x liquidity ratios that raise financial flexibility risk.

Dell Technologies Inc. Key Strengths (DELL)

Claude
  • + Strong revenue growth of 18.8% YoY indicating solid market demand and competitive positioning
  • + Robust cash flow generation with $4.1B operating cash flow and $3.1B free cash flow supporting debt service and operations
  • + Healthy interest coverage ratio of 10.7x providing substantial cushion for debt service obligations
ChatGPT
  • + Revenue growth of 18.8% YoY indicates strong demand and business momentum
  • + Free cash flow of $8.55B and operating cash flow of $11.19B support debt service and capital allocation
  • + Interest coverage of 23.8x suggests current earnings comfortably cover financing costs

DELL Stock Risks: Dell Technologies Inc. Investment Risks

Claude
  • ! Negative stockholders' equity of -$1.4B represents balance sheet insolvency on book value basis requiring debt reduction or equity restoration
  • ! Net income flat YoY (0.0% growth) despite 18.8% revenue growth indicates margin compression and potential operational headwinds
  • ! Current ratio of 0.95x and quick ratio of 0.74x signal working capital deficit and near-term liquidity vulnerability
ChatGPT
  • ! Negative stockholders equity and $31.50B of long-term debt reflect a highly leveraged balance sheet structure
  • ! Current ratio of 0.91x and quick ratio of 0.75x indicate tight short-term liquidity
  • ! Net income was flat YoY despite strong revenue growth, pointing to limited operating leverage and potential margin pressure

Key Metrics to Watch

Claude
  • * Net profit margin trend and operating leverage - earnings must accelerate relative to revenue growth
  • * Working capital dynamics and cash conversion cycle - critical for liquidity improvement
  • * Debt paydown trajectory and path to positive equity - balance sheet restoration is essential
ChatGPT
  • * Operating margin and net margin trend
  • * Free cash flow conversion versus revenue growth

Dell Technologies Inc. (DELL) Financial Metrics & Key Ratios

Revenue
$43.8B
Net Income
$3.4B
EPS (Diluted)
$5.24
Free Cash Flow
$3.1B
Total Assets
$114.9B
Cash Position
$11.6B

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

DELL Profit Margin, ROE & Profitability Analysis

Gross Margin 17.8%
Operating Margin 8.3%
Net Margin 7.8%
ROE N/A
ROA 3.0%
FCF Margin 7.1%

DELL vs Technology Sector: How Dell Technologies Inc. Compares

How Dell Technologies Inc. compares to Technology sector averages

Net Margin
DELL 7.8%
vs
Sector Avg 18.0%
DELL Sector
ROE
DELL 0.0%
vs
Sector Avg 22.0%
DELL Sector
Current Ratio
DELL 0.9x
vs
Sector Avg 2.5x
DELL Sector
Debt/Equity
DELL 0.0x
vs
Sector Avg 0.5x
DELL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Dell Technologies Inc. Stock Overvalued? DELL Valuation Analysis 2026

Based on fundamental analysis, Dell Technologies Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
N/A
Sector avg: 22%
Net Profit Margin
7.8%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Dell Technologies Inc. Balance Sheet: DELL Debt, Cash & Liquidity

Current Ratio
0.95x
Quick Ratio
0.74x
Debt/Equity
N/A
Debt/Assets
101.2%
Interest Coverage
10.66x
Long-term Debt
$31.2B

DELL Revenue & Earnings Growth: 5-Year Financial Trend

DELL 5-year financial data: Year 2022: Revenue $101.2B, Net Income $4.6B, EPS N/A. Year 2023: Revenue $102.3B, Net Income $3.3B, EPS N/A. Year 2024: Revenue $102.3B, Net Income $5.6B, EPS N/A. Year 2025: Revenue $102.3B, Net Income $2.4B, EPS $3.24. Year 2026: Revenue $113.5B, Net Income $3.4B, EPS $4.60.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Dell Technologies Inc.'s revenue has grown significantly by 12% over the 5-year period, indicating strong business expansion. The most recent EPS of $4.60 reflects profitable operations.

DELL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
7.1%
Free cash flow / Revenue

DELL Quarterly Earnings & Performance

Quarterly financial performance data for Dell Technologies Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2027 $23.4B $965.0M $1.37
Q3 2026 $24.4B $1.2B $1.64
Q2 2026 $25.0B $887.0M $1.23
Q1 2026 $22.2B $965.0M $1.37
Q3 2025 $22.3B $1.0B $1.36
Q2 2025 $22.9B $462.0M $0.63
Q1 2025 $20.9B $583.0M $0.79
Q3 2024 $22.3B $245.0M $0.33

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Dell Technologies Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$4.1B
Cash generated from operations
Stock Buybacks
$1.6B
Shares repurchased (TTM)
Capital Expenditures
$963.0M
Investment in assets
Dividends Paid
$464.0M
Returned to shareholders

DELL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Dell Technologies Inc. (CIK: 0001571996)

📋 Recent SEC Filings

Date Form Document Action
Jun 9, 2026 10-Q dell-20260501.htm View →
Jun 9, 2026 4 xslF345X06/ownership.xml View →
Jun 9, 2026 4 xslF345X06/ownership.xml View →
Jun 9, 2026 4 xslF345X06/ownership.xml View →
Jun 9, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about DELL

What is the AI rating for DELL?

Dell Technologies Inc. (DELL) has a Combined AI Grade of B from Claude (B) and ChatGPT (B) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are DELL's key strengths?

Claude: Strong revenue growth of 18.8% YoY indicating solid market demand and competitive positioning. Robust cash flow generation with $4.1B operating cash flow and $3.1B free cash flow supporting debt service and operations. ChatGPT: Revenue growth of 18.8% YoY indicates strong demand and business momentum. Free cash flow of $8.55B and operating cash flow of $11.19B support debt service and capital allocation.

What are the risks of investing in DELL?

Claude: Negative stockholders' equity of -$1.4B represents balance sheet insolvency on book value basis requiring debt reduction or equity restoration. Net income flat YoY (0.0% growth) despite 18.8% revenue growth indicates margin compression and potential operational headwinds. ChatGPT: Negative stockholders equity and $31.50B of long-term debt reflect a highly leveraged balance sheet structure. Current ratio of 0.91x and quick ratio of 0.75x indicate tight short-term liquidity.

What is DELL's revenue and growth?

Dell Technologies Inc. reported revenue of $43.8B.

Does DELL pay dividends?

Dell Technologies Inc. pays dividends, with $464.0M distributed to shareholders in the trailing twelve months.

Where can I find DELL SEC filings?

Official SEC filings for Dell Technologies Inc. (CIK: 0001571996) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is DELL's EPS?

Dell Technologies Inc. has a diluted EPS of $5.24.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is DELL's fundamental grade?

Based on our AI fundamental analysis in June 2026, Dell Technologies Inc. has a B grade with 70% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is DELL stock overvalued or undervalued?

Valuation metrics for DELL: ROE of N/A (sector avg: 22%), net margin of 7.8% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is DELL's AI grade for 2026?

Our dual AI analysis gives Dell Technologies Inc. a combined B grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is DELL's free cash flow?

Dell Technologies Inc.'s operating cash flow is $4.1B, with capital expenditures of $963.0M. FCF margin is 7.1%.

How does DELL compare to other Technology stocks?

Vs Technology sector averages: Net margin 7.8% (avg: 18%), ROE N/A (avg: 22%), current ratio 0.95 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Jun 10, 2026 | Data as of: 2026-05-01 | Powered by Claude AI