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Side-by-side financial comparison of Allstate (ALL) and Hewlett Packard Enterprise (HPE). Click either name above to swap in a different company.

Hewlett Packard Enterprise is the larger business by last-quarter revenue ($9.7B vs $922.0M, roughly 10.5× Allstate). Allstate runs the higher net margin — 266.6% vs 1.8%, a 264.8% gap on every dollar of revenue. On growth, Hewlett Packard Enterprise posted the faster year-over-year revenue change (14.4% vs 7.2%). Over the past eight quarters, Hewlett Packard Enterprise's revenue compounded faster (19.7% CAGR vs -75.8%).

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal ...

The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas. It is a business-focused organization which works in servers, storage, networking, containerization software and consulting and support. HPE was ranked No. 107 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

ALL vs HPE — Head-to-Head

Bigger by revenue
HPE
HPE
10.5× larger
HPE
$9.7B
$922.0M
ALL
Growing faster (revenue YoY)
HPE
HPE
+7.2% gap
HPE
14.4%
7.2%
ALL
Higher net margin
ALL
ALL
264.8% more per $
ALL
266.6%
1.8%
HPE
Faster 2-yr revenue CAGR
HPE
HPE
Annualised
HPE
19.7%
-75.8%
ALL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ALL
ALL
HPE
HPE
Revenue
$922.0M
$9.7B
Net Profit
$2.5B
$175.0M
Gross Margin
Operating Margin
-1400.3%
-0.1%
Net Margin
266.6%
1.8%
Revenue YoY
7.2%
14.4%
Net Profit YoY
-87.2%
EPS (diluted)
$9.25
$0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALL
ALL
HPE
HPE
Q1 26
$922.0M
Q4 25
$17.3B
$9.7B
Q3 25
$17.3B
$9.1B
Q2 25
$16.6B
$7.6B
Q1 25
$16.5B
$7.9B
Q4 24
$16.5B
$8.5B
Q3 24
$16.6B
$7.7B
Q2 24
$15.7B
$7.2B
Net Profit
ALL
ALL
HPE
HPE
Q1 26
$2.5B
Q4 25
$3.8B
$175.0M
Q3 25
$3.7B
$305.0M
Q2 25
$2.1B
$-1.1B
Q1 25
$595.0M
$627.0M
Q4 24
$1.9B
$1.4B
Q3 24
$1.2B
$512.0M
Q2 24
$331.0M
$314.0M
Operating Margin
ALL
ALL
HPE
HPE
Q1 26
-1400.3%
Q4 25
-0.1%
Q3 25
2.7%
Q2 25
-14.5%
Q1 25
5.5%
Q4 24
8.2%
Q3 24
7.1%
Q2 24
5.9%
Net Margin
ALL
ALL
HPE
HPE
Q1 26
266.6%
Q4 25
22.1%
1.8%
Q3 25
21.7%
3.3%
Q2 25
12.7%
-13.8%
Q1 25
3.6%
8.0%
Q4 24
11.7%
16.2%
Q3 24
7.2%
6.6%
Q2 24
2.1%
4.4%
EPS (diluted)
ALL
ALL
HPE
HPE
Q1 26
$9.25
Q4 25
$14.24
$0.13
Q3 25
$13.95
$0.21
Q2 25
$7.76
$-0.82
Q1 25
$2.11
$0.44
Q4 24
$7.07
$1.02
Q3 24
$4.33
$0.38
Q2 24
$1.13
$0.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALL
ALL
HPE
HPE
Cash + ST InvestmentsLiquidity on hand
$5.8B
Total DebtLower is stronger
$17.8B
Stockholders' EquityBook value
$31.6B
$24.7B
Total Assets
$124.0B
$75.9B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALL
ALL
HPE
HPE
Q1 26
Q4 25
$4.9B
$5.8B
Q3 25
$8.7B
$4.6B
Q2 25
$9.6B
$11.7B
Q1 25
$6.5B
$13.4B
Q4 24
$4.5B
$14.8B
Q3 24
$7.0B
$3.6B
Q2 24
$5.3B
$2.7B
Total Debt
ALL
ALL
HPE
HPE
Q1 26
Q4 25
$7.5B
$17.8B
Q3 25
$8.1B
$16.9B
Q2 25
$8.1B
$12.4B
Q1 25
$8.1B
$13.3B
Q4 24
$8.1B
$13.5B
Q3 24
$8.1B
$7.9B
Q2 24
$8.1B
$7.5B
Stockholders' Equity
ALL
ALL
HPE
HPE
Q1 26
$31.6B
Q4 25
$30.6B
$24.7B
Q3 25
$27.5B
$24.4B
Q2 25
$24.0B
$23.9B
Q1 25
$22.1B
$25.2B
Q4 24
$21.4B
$24.8B
Q3 24
$20.9B
$22.1B
Q2 24
$18.6B
$21.7B
Total Assets
ALL
ALL
HPE
HPE
Q1 26
$124.0B
Q4 25
$119.8B
$75.9B
Q3 25
$120.4B
$77.3B
Q2 25
$115.9B
$67.9B
Q1 25
$115.2B
$70.3B
Q4 24
$111.6B
$71.3B
Q3 24
$113.7B
$60.9B
Q2 24
$108.4B
$59.7B
Debt / Equity
ALL
ALL
HPE
HPE
Q1 26
Q4 25
0.24×
0.72×
Q3 25
0.29×
0.69×
Q2 25
0.34×
0.52×
Q1 25
0.37×
0.53×
Q4 24
0.38×
0.54×
Q3 24
0.39×
0.36×
Q2 24
0.43×
0.35×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALL
ALL
HPE
HPE
Operating Cash FlowLast quarter
$2.5B
Free Cash FlowOCF − Capex
$1.8B
FCF MarginFCF / Revenue
18.8%
Capex IntensityCapex / Revenue
6.6%
Cash ConversionOCF / Net Profit
14.09×
TTM Free Cash FlowTrailing 4 quarters
$627.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALL
ALL
HPE
HPE
Q1 26
Q4 25
$3.0B
$2.5B
Q3 25
$3.3B
$1.3B
Q2 25
$1.9B
$-461.0M
Q1 25
$2.0B
$-390.0M
Q4 24
$1.7B
$2.0B
Q3 24
$3.2B
$1.2B
Q2 24
$2.4B
$1.1B
Free Cash Flow
ALL
ALL
HPE
HPE
Q1 26
Q4 25
$2.9B
$1.8B
Q3 25
$3.2B
$729.0M
Q2 25
$1.9B
$-1.0B
Q1 25
$1.9B
$-918.0M
Q4 24
$1.7B
$1.4B
Q3 24
$3.1B
$611.0M
Q2 24
$2.3B
$533.0M
FCF Margin
ALL
ALL
HPE
HPE
Q1 26
Q4 25
16.7%
18.8%
Q3 25
18.8%
8.0%
Q2 25
11.3%
-13.2%
Q1 25
11.4%
-11.7%
Q4 24
10.0%
16.8%
Q3 24
18.9%
7.9%
Q2 24
14.7%
7.4%
Capex Intensity
ALL
ALL
HPE
HPE
Q1 26
Q4 25
0.5%
6.6%
Q3 25
0.3%
6.3%
Q2 25
0.0%
7.2%
Q1 25
0.6%
6.7%
Q4 24
0.3%
7.2%
Q3 24
0.4%
7.0%
Q2 24
0.4%
7.8%
Cash Conversion
ALL
ALL
HPE
HPE
Q1 26
Q4 25
0.78×
14.09×
Q3 25
0.88×
4.28×
Q2 25
0.89×
Q1 25
3.30×
-0.62×
Q4 24
0.88×
1.49×
Q3 24
2.69×
2.25×
Q2 24
7.13×
3.48×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALL
ALL

Segment breakdown not available.

HPE
HPE

Products$6.2B64%
Services$3.3B34%
Other$199.0M2%

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