HP INC Earnings Per Share Disclosure
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions, except per share amounts | |||||||||||||||||
| Numerator: | |||||||||||||||||
| Net earnings | $ | 2,529 | $ | 2,775 | $ | 3,263 | |||||||||||
| Denominator: | |||||||||||||||||
| Weighted-average shares used to compute basic net EPS | 946 | 979 | 992 | ||||||||||||||
| Dilutive effect of employee stock plans | 7 | 10 | 8 | ||||||||||||||
| Weighted-average shares used to compute diluted net EPS | 953 | 989 | 1,000 | ||||||||||||||
| Net earnings per share: | |||||||||||||||||
| Basic | $ | 2.67 | $ | 2.83 | $ | 3.29 | |||||||||||
| Diluted | $ | 2.65 | $ | 2.81 | $ | 3.26 | |||||||||||
Anti-dilutive weighted-average stock-based compensation awards(1) | 8 | 1 | 4 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Dec 10, 2025 | Showing above |
| 2024 | Dec 13, 2024 | |
| 2023 | Dec 18, 2023 | |
| 2022 | Dec 6, 2022 | |
| 2021 | Dec 9, 2021 | |
| 2020 | Dec 10, 2020 | |
| 2019 | Dec 12, 2019 | |
| 2018 | Dec 13, 2018 | |
| 2016 | Dec 15, 2016 | |
| 2015 | Dec 16, 2015 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.