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Side-by-side financial comparison of HP Inc. (HPQ) and PBF Energy Inc. (PBF). Click either name above to swap in a different company.
HP Inc. is the larger business by last-quarter revenue ($14.6B vs $7.9B, roughly 1.9× PBF Energy Inc.). HP Inc. runs the higher net margin — 5.4% vs 2.5%, a 2.9% gap on every dollar of revenue. On growth, PBF Energy Inc. posted the faster year-over-year revenue change (11.9% vs 4.2%). Over the past eight quarters, HP Inc.'s revenue compounded faster (5.4% CAGR vs -4.9%).
The Hewlett-Packard Company, commonly shortened to Hewlett-Packard or HP, was an American multinational information technology company. It was founded by Bill Hewlett and David Packard in 1939 in a one-car garage in Palo Alto, California. Growing to become an influential high-tech powerhouse at the heart of Silicon Valley, the company was known for its progressive business philosophy, deemed the HP Way.
PBF Energy Inc. is a petroleum refining and logistics company that produces and sells transportation fuels, heating oils, lubricants, petrochemical feedstocks, and other petroleum products. The company owns and operated 6 refineries throughout the United States, located in Chalmette, Louisiana; Toledo, Ohio; Paulsboro, New Jersey; the Delaware City Refinery in Delaware City; Torrance, California; Martinez, California. PBF produces a range of products including gasoline, ultra-low-sulfur diese...
HPQ vs PBF — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $14.6B | $7.9B |
| Net Profit | $795.0M | $200.2M |
| Gross Margin | 20.2% | 3.5% |
| Operating Margin | 6.6% | 3.8% |
| Net Margin | 5.4% | 2.5% |
| Revenue YoY | 4.2% | 11.9% |
| Net Profit YoY | -12.3% | 149.4% |
| EPS (diluted) | $0.84 | $1.65 |
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.
| Q1 26 | — | $7.9B | ||
| Q4 25 | $14.6B | $7.1B | ||
| Q3 25 | $13.9B | $7.7B | ||
| Q2 25 | $13.2B | $7.5B | ||
| Q1 25 | $13.5B | $7.1B | ||
| Q4 24 | $14.1B | $7.4B | ||
| Q3 24 | $13.5B | $8.4B | ||
| Q2 24 | $12.8B | $8.7B |
| Q1 26 | — | $200.2M | ||
| Q4 25 | $795.0M | $78.4M | ||
| Q3 25 | $763.0M | $170.1M | ||
| Q2 25 | $406.0M | $-5.2M | ||
| Q1 25 | $565.0M | $-401.8M | ||
| Q4 24 | $906.0M | $-289.3M | ||
| Q3 24 | $640.0M | $-285.9M | ||
| Q2 24 | $607.0M | $-65.2M |
| Q1 26 | — | 3.5% | ||
| Q4 25 | 20.2% | -1.8% | ||
| Q3 25 | 20.5% | 0.5% | ||
| Q2 25 | 20.7% | -0.8% | ||
| Q1 25 | 21.0% | -5.9% | ||
| Q4 24 | 21.4% | -4.2% | ||
| Q3 24 | 21.5% | -3.4% | ||
| Q2 24 | 23.6% | 0.1% |
| Q1 26 | — | 3.8% | ||
| Q4 25 | 6.6% | 1.8% | ||
| Q3 25 | 5.1% | 3.7% | ||
| Q2 25 | 4.9% | 0.6% | ||
| Q1 25 | 6.3% | -7.2% | ||
| Q4 24 | 7.1% | -5.2% | ||
| Q3 24 | 7.0% | -4.6% | ||
| Q2 24 | 7.4% | -0.9% |
| Q1 26 | — | 2.5% | ||
| Q4 25 | 5.4% | 1.1% | ||
| Q3 25 | 5.5% | 2.2% | ||
| Q2 25 | 3.1% | -0.1% | ||
| Q1 25 | 4.2% | -5.7% | ||
| Q4 24 | 6.4% | -3.9% | ||
| Q3 24 | 4.7% | -3.4% | ||
| Q2 24 | 4.7% | -0.7% |
| Q1 26 | — | $1.65 | ||
| Q4 25 | $0.84 | $0.74 | ||
| Q3 25 | $0.80 | $1.45 | ||
| Q2 25 | $0.42 | $-0.05 | ||
| Q1 25 | $0.59 | $-3.53 | ||
| Q4 24 | $0.93 | $-2.41 | ||
| Q3 24 | $0.65 | $-2.49 | ||
| Q2 24 | $0.61 | $-0.56 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.7B | $541.8M |
| Total DebtLower is stronger | $9.7B | — |
| Stockholders' EquityBook value | $-346.0M | $5.7B |
| Total Assets | $41.8B | $14.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $541.8M | ||
| Q4 25 | $3.7B | $527.9M | ||
| Q3 25 | $2.9B | $482.0M | ||
| Q2 25 | $2.7B | $590.7M | ||
| Q1 25 | $2.9B | $468.6M | ||
| Q4 24 | $3.2B | $536.1M | ||
| Q3 24 | $2.8B | $976.7M | ||
| Q2 24 | $2.4B | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | $9.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $9.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $5.7B | ||
| Q4 25 | $-346.0M | $5.3B | ||
| Q3 25 | $-901.0M | $5.2B | ||
| Q2 25 | $-1.3B | $5.1B | ||
| Q1 25 | $-1.1B | $5.1B | ||
| Q4 24 | $-1.3B | $5.5B | ||
| Q3 24 | $-1.4B | $5.9B | ||
| Q2 24 | $-916.0M | $6.3B |
| Q1 26 | — | $14.7B | ||
| Q4 25 | $41.8B | $13.0B | ||
| Q3 25 | $39.9B | $13.0B | ||
| Q2 25 | $38.8B | $13.0B | ||
| Q1 25 | $38.9B | $13.0B | ||
| Q4 24 | $39.9B | $12.7B | ||
| Q3 24 | $38.1B | $13.1B | ||
| Q2 24 | $37.4B | $14.1B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.6B | — |
| Free Cash FlowOCF − Capex | $1.4B | — |
| FCF MarginFCF / Revenue | 9.7% | — |
| Capex IntensityCapex / Revenue | 1.3% | 4.0% |
| Cash ConversionOCF / Net Profit | 2.04× | — |
| TTM Free Cash FlowTrailing 4 quarters | $2.8B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $366.6M | ||
| Q3 25 | $1.7B | $25.7M | ||
| Q2 25 | $38.0M | $191.1M | ||
| Q1 25 | $374.0M | $-661.4M | ||
| Q4 24 | $1.6B | $-329.7M | ||
| Q3 24 | $1.4B | $-68.0M | ||
| Q2 24 | $581.0M | $425.3M |
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $77.0M | ||
| Q3 25 | $1.4B | $-122.8M | ||
| Q2 25 | $-145.0M | $35.0M | ||
| Q1 25 | $72.0M | $-772.4M | ||
| Q4 24 | $1.5B | $-425.7M | ||
| Q3 24 | $1.3B | $-169.8M | ||
| Q2 24 | $462.0M | $371.8M |
| Q1 26 | — | — | ||
| Q4 25 | 9.7% | 1.1% | ||
| Q3 25 | 10.4% | -1.6% | ||
| Q2 25 | -1.1% | 0.5% | ||
| Q1 25 | 0.5% | -10.9% | ||
| Q4 24 | 10.5% | -5.8% | ||
| Q3 24 | 9.3% | -2.0% | ||
| Q2 24 | 3.6% | 4.3% |
| Q1 26 | — | 4.0% | ||
| Q4 25 | 1.3% | 4.1% | ||
| Q3 25 | 1.5% | 1.9% | ||
| Q2 25 | 1.4% | 2.1% | ||
| Q1 25 | 2.2% | 1.6% | ||
| Q4 24 | 1.1% | 1.3% | ||
| Q3 24 | 1.2% | 1.2% | ||
| Q2 24 | 0.9% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 2.04× | 4.68× | ||
| Q3 25 | 2.18× | 0.15× | ||
| Q2 25 | 0.09× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 1.79× | — | ||
| Q3 24 | 2.23× | — | ||
| Q2 24 | 0.96× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HPQ
| Commercial PS | $7.0B | 48% |
| Consumer PS | $3.4B | 23% |
| Supplies | $2.8B | 19% |
| Commercial Printing | $1.2B | 8% |
| Consumer Printing | $296.0M | 2% |
| Corporate Investments | $19.0M | 0% |
PBF
Segment breakdown not available.
