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FCF Margin for Dell Technologies (DELL)

As of · Reported

Metric

TTM

7.0%

YoY change

+5.58pp

Trough year (2023)

0.5%

Peak year (2021)

10.8%

FCF Margin history chart for Dell Technologies (DELL) from 2014 to 2026

Latest: 7.5%

FCF Margin change chart for Dell Technologies (DELL) from 2014 to 2026

Latest: +5.58pp

FCF Margin history table for Dell Technologies (DELL) from 2014 to 2026

  • 20267.5%+5.58pp
  • 20252.0%-4.74pp
  • 20246.7%+6.15pp
  • 20246.7%+6.15pp
  • 20230.5%-6.87pp
  • 20230.5%-6.87pp
  • 20227.4%-3.34pp
  • 20227.4%-3.34pp
  • 202110.8%+2.85pp
  • 202110.8%+2.85pp
  • 20207.9%+1.84pp
  • 20196.1%-0.59pp
  • 20186.7%+4.31pp
  • 20172.4%-0.95pp
  • 20163.3%-0.54pp
  • 20153.8%+0.02pp
  • 20143.8%—

FCF Margin values are taken from Dell Technologies's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About FCF Margin at Dell Technologies (DELL)

According to Dell Technologies's latest reported financial statements, the company's latest reported free cash flow margin is 7.0%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

2026's annual free cash flow margin for Dell Technologies (DELL) came in at 7.53% – expanded 5.6 percentage points year-over-year.

10.76% stands as the all-time-high annual free cash flow margin, posted in 2021, against a low of 0.55% during 2023.

Dell Technologies FCF Margin by Year

Dell Technologies FCF Margin 2026: 7.5%

In 2026, Dell Technologies reported free cash flow margin of 7.53%, expanded 5.6 percentage points from 2025.

Dell Technologies FCF Margin 2025: 2.0%

Dell Technologies free cash flow margin in 2025 was 1.96%, contracted 4.7 percentage points from 2024.

Dell Technologies FCF Margin 2024: 6.7%

2024's free cash flow margin for Dell Technologies came in at 6.69%, expanded 0.0 percentage points from 2024.

Dell Technologies FCF Margin 2024: 6.7%

2024's free cash flow margin for Dell Technologies came in at 6.69%, expanded 6.1 percentage points from 2023.

Dell Technologies FCF Margin 2023: 0.5%

Dell Technologies free cash flow margin in 2023 was 0.55%.

See more financial history for Dell Technologies (DELL).

Sector peers by FCF Margin

Technology peers of Dell Technologies (DELL), ranked by their latest free cash flow margin

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