HPQ vs. IBM
Compare and contrast key facts about HP Inc. (HPQ) and International Business Machines Corporation (IBM).
Performance
HPQ vs. IBM - Performance Comparison
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HPQ vs. IBM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HPQ HP Inc. | -12.38% | -28.69% | 12.10% | 16.08% | -26.40% | 57.25% | 24.11% | 3.88% | -0.20% | 45.69% |
IBM International Business Machines Corporation | -17.70% | 38.23% | 39.27% | 21.85% | 10.64% | 16.65% | -1.16% | 23.58% | -22.56% | -3.99% |
Fundamentals
HPQ:
$17.90B
IBM:
$230.85B
HPQ:
$2.65
IBM:
$11.16
HPQ:
7.25
IBM:
21.72
HPQ:
0.32
IBM:
3.41
HPQ:
5.25
IBM:
7.07
HPQ:
$56.23B
IBM:
$67.54B
HPQ:
$11.33B
IBM:
$39.53B
HPQ:
$3.86B
IBM:
$16.95B
Returns By Period
In the year-to-date period, HPQ achieves a -12.38% return, which is significantly higher than IBM's -17.70% return. Over the past 10 years, HPQ has underperformed IBM with an annualized return of 8.16%, while IBM has yielded a comparatively higher 9.73% annualized return.
HPQ
- 1D
- 0.84%
- 1M
- 2.80%
- YTD
- -12.38%
- 6M
- -27.45%
- 1Y
- -27.12%
- 3Y*
- -9.65%
- 5Y*
- -6.43%
- 10Y*
- 8.16%
IBM
- 1D
- 2.17%
- 1M
- 0.91%
- YTD
- -17.70%
- 6M
- -13.13%
- 1Y
- -0.10%
- 3Y*
- 27.02%
- 5Y*
- 18.36%
- 10Y*
- 9.73%
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Return for Risk
HPQ vs. IBM — Risk / Return Rank
HPQ
IBM
HPQ vs. IBM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HP Inc. (HPQ) and International Business Machines Corporation (IBM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| HPQ | IBM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.71 | -0.00 | -0.70 |
Sortino ratioReturn per unit of downside risk | -0.83 | 0.22 | -1.04 |
Omega ratioGain probability vs. loss probability | 0.89 | 1.03 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | -0.76 | 0.06 | -0.82 |
Martin ratioReturn relative to average drawdown | -1.47 | 0.17 | -1.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HPQ | IBM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.71 | -0.00 | -0.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.19 | 0.74 | -0.93 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.38 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.29 | -0.11 |
Correlation
The correlation between HPQ and IBM is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
HPQ vs. IBM - Dividend Comparison
HPQ's dividend yield for the trailing twelve months is around 6.14%, more than IBM's 2.77% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HPQ HP Inc. | 6.14% | 5.24% | 3.42% | 3.53% | 3.77% | 2.21% | 2.94% | 3.20% | 2.83% | 2.56% | 3.40% | 5.37% |
IBM International Business Machines Corporation | 2.77% | 2.27% | 3.03% | 4.05% | 4.68% | 4.74% | 5.17% | 4.80% | 5.46% | 3.85% | 3.31% | 3.63% |
Drawdowns
HPQ vs. IBM - Drawdown Comparison
The maximum HPQ drawdown since its inception was -85.43%, which is greater than IBM's maximum drawdown of -69.40%. Use the drawdown chart below to compare losses from any high point for HPQ and IBM.
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Drawdown Indicators
| HPQ | IBM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.43% | -69.40% | -16.03% |
Max Drawdown (1Y)Largest decline over 1 year | -36.62% | -28.69% | -7.93% |
Max Drawdown (5Y)Largest decline over 5 years | -51.23% | -28.69% | -22.54% |
Max Drawdown (10Y)Largest decline over 10 years | -51.23% | -40.59% | -10.64% |
Current DrawdownCurrent decline from peak | -56.11% | -22.61% | -33.50% |
Average DrawdownAverage peak-to-trough decline | -35.43% | -20.11% | -15.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.88% | 10.44% | +8.44% |
Volatility
HPQ vs. IBM - Volatility Comparison
The current volatility for HP Inc. (HPQ) is 7.42%, while International Business Machines Corporation (IBM) has a volatility of 8.93%. This indicates that HPQ experiences smaller price fluctuations and is considered to be less risky than IBM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HPQ | IBM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.42% | 8.93% | -1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 24.70% | 27.13% | -2.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.56% | 33.70% | +4.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.15% | 24.97% | +9.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.38% | 25.49% | +8.89% |
Financials
HPQ vs. IBM - Financials Comparison
This section allows you to compare key financial metrics between HP Inc. and International Business Machines Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
HPQ vs. IBM - Profitability Comparison
HPQ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, HP Inc. reported a gross profit of 2.84B and revenue of 14.44B. Therefore, the gross margin over that period was 19.6%.
IBM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, International Business Machines Corporation reported a gross profit of 11.93B and revenue of 19.69B. Therefore, the gross margin over that period was 60.6%.
HPQ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, HP Inc. reported an operating income of 759.00M and revenue of 14.44B, resulting in an operating margin of 5.3%.
IBM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, International Business Machines Corporation reported an operating income of 3.06B and revenue of 19.69B, resulting in an operating margin of 15.5%.
HPQ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, HP Inc. reported a net income of 545.00M and revenue of 14.44B, resulting in a net margin of 3.8%.
IBM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, International Business Machines Corporation reported a net income of 5.60B and revenue of 19.69B, resulting in a net margin of 28.5%.