Dell Technologies Inc.

DELL · NYSE · Technology · Computer Hardware

US$562.89+5.0%9月25日收盘

1M: +23.4%
6M: +229.1%
1Y: +335.9%
5Y: +1,090.3%

Dell sells computers, servers, storage equipment, networking gear, related services, and ways for customers to finance them.

Dell Technologies Inc.（DELL）股票——这是一门好生意吗？ — InspectStocks

Dell Technologies Inc.

DELL · NYSE · Technology · Computer Hardware

US$562.89+5.0%9月25日收盘

1M: +23.4%
6M: +229.1%
1Y: +335.9%
5Y: +1,090.3%

对比

Dell sells computers, servers, storage equipment, networking gear, related services, and ways for customers to finance them.

怎么赚钱

Infrastructure Solutions Group: servers, networking, storage, related services, and software67%
Client Solutions Group: business and consumer computers and related products34%

各项收入占比是对quarter ended April 30, 2026的估算，并非来自已提交报告的数字。

竞争对手

LNVGYLenovo Group

卖什么6

AI-optimized servers
Servers built for intensive computing work such as training, adjusting, and running AI models.
Traditional servers and networking
Servers for general business and other demanding workloads, plus networking equipment such as data-center and edge switches, cables, and optical components.
Storage systems
Equipment and software for storing, protecting, and retrieving data, including all-flash systems and products for backups and other data protection.

再显示 3 项

Commercial computers and peripherals
Business notebooks, desktops, and workstations, along with accessories such as displays, docking stations, keyboards, mice, webcams, and audio devices.
Consumer and gaming computers
Computers for personal use, including higher-performance gaming products sold under the Alienware name.
Setup, support, and other services
Services that help customers configure, install, maintain, and repair Dell equipment, plus extended warranties.

谁在买5

Large businesses buy through Dell account teams, often with technical specialists and negotiated arrangements, or through sales partners.
Small and medium-sized businesses buy directly from Dell or through sales partners.
Government agencies and other public institutions buy through dedicated Dell account teams and public-sector sales arrangements.

再显示 2 项

Schools and healthcare organizations buy computers and infrastructure directly or through sales partners.
Individual consumers buy computers and accessories through Dell’s website and retail or distribution channels.

靠什么支撑，什么会击垮它

业务依赖什么

1Dell depends on component suppliers and contract manufacturers to make and assemble products; the company says some components have only one or a limited number of available suppliers.
2AI server production depends on access to components, including memory, and on customers’ readiness to install and use the equipment; Dell reports that supply limits and changing component designs affect shipment timing.
3Dell sells directly and through resellers, system integrators, distributors, and retailers, so product availability and sales also depend on those partners.
4Dell Financial Services funds customer purchases and leases; its financing activity is affected by credit conditions and interest rates.

可能出什么问题

1AI server orders and customer delivery schedules can change unevenly, while constrained component supply and frequent component updates can delay shipments and increase inventory and purchase commitments.
2Higher memory and other component costs can affect product costs and pricing; dependence on single-source or limited-source suppliers can also interrupt availability or timely delivery.
3Dell faces product and price competition across computers, servers, storage, and networking; changing customer demand, sales mix, and channel inventory can affect sales and profitability.

完整财务报表 →

与同行业相比处在什么位置

三项评分，每一项都是相对我们在Computer Hardware覆盖的 36 家公司的百分位。刻意分开而不揉成一个总分：便宜、上涨和经营得好是三件不同的事，一个数字会把它们是哪一件藏起来。

动量

97在同行业中满分 100

接近同行业顶部

截至一个月前的 12 个月249.0%

截至一个月前的 6 个月267.3%

最近一个月被刻意剔除：回报往往在 7 到 12 个月内延续，而最新的一个月往往反转。这描述的是股价已经走过的路，不说明它接下来会怎么走。

估值

63在同行业中满分 100

高于行业内多数公司

每单位价格对应的利润3.09%

每单位价格对应的现金2.33%

每单位价格对应的营收41.07%

每单位价格对应的资产—

整个企业对应的经营利润2.86%

这些是收益率，所以数值越高越便宜——亏损的公司会排在最后，而不是被剔除。便宜不等于好：高收益率往往意味着股价是有原因才跌下来的。由 5 项指标中的 4 项混合而成。

资本配置

5/5克制

1 项检验未披露

资本回报率24.5%

股东回报率2.03%

股本数量，3 年-13.1%

净债务 / EBITDA2.02x

内部人，12 个月-US$2.4B

管理层怎么使用这笔钱——只按财报能回答的部分计分，绝不按占总数的比例计分。

六项资本配置检验

投入资金的回报投入资本回报 24.5%
债务与盈利之比净债务为经营利润的 2.02 倍
回馈给股东的现金每年 2.0% 用于回购和分红
三年间的股本数量三年间股本数量减少 13.1%
现金流对派付的覆盖自由现金流覆盖了派付的部分
内部人在公开市场的买入净卖出 US$2.4B——不计入扣分

这是对该公司在同行中所处位置的描述，不是投资建议。评分更新于 2026年9月26日。

关于Dell Technologies Inc.

Dell sells personal computers (PCs), monitors and other accessories to businesses, public institutions, and individual consumers. It also sells servers, networking equipment, and storage systems that organizations use to run software, manage data, and support artificial intelligence (AI) workloads. Dell provides setup, maintenance, and support, and offers leases, loans, and subscription-based payment choices.

总部: Round Rock, Texas
成立于: 1984
员工人数: approximately 97,000 (January 30, 2026, high)
上市于: New York Stock Exchange
财年结束: Friday nearest January 31

基于 Dell Technologies Inc. 自己向 SEC 提交的申报文件。数字如实呈报，每股历史已重述到今天的股数口径。这是对一门生意的描述——不是投资建议，也不是买卖任何证券的推荐。

怎么赚钱

Infrastructure Solutions Group: servers, networking, storage, related services, and software67%
Client Solutions Group: business and consumer computers and related products34%

各项收入占比是对quarter ended April 30, 2026的估算，并非来自已提交报告的数字。

竞争对手

LNVGYLenovo Group

卖什么6

AI-optimized servers
Servers built for intensive computing work such as training, adjusting, and running AI models.
Traditional servers and networking
Servers for general business and other demanding workloads, plus networking equipment such as data-center and edge switches, cables, and optical components.
Storage systems
Equipment and software for storing, protecting, and retrieving data, including all-flash systems and products for backups and other data protection.

再显示 3 项

Commercial computers and peripherals
Business notebooks, desktops, and workstations, along with accessories such as displays, docking stations, keyboards, mice, webcams, and audio devices.
Consumer and gaming computers
Computers for personal use, including higher-performance gaming products sold under the Alienware name.
Setup, support, and other services
Services that help customers configure, install, maintain, and repair Dell equipment, plus extended warranties.

谁在买5

Large businesses buy through Dell account teams, often with technical specialists and negotiated arrangements, or through sales partners.
Small and medium-sized businesses buy directly from Dell or through sales partners.
Government agencies and other public institutions buy through dedicated Dell account teams and public-sector sales arrangements.

再显示 2 项

Schools and healthcare organizations buy computers and infrastructure directly or through sales partners.
Individual consumers buy computers and accessories through Dell’s website and retail or distribution channels.

靠什么支撑，什么会击垮它

业务依赖什么

1Dell depends on component suppliers and contract manufacturers to make and assemble products; the company says some components have only one or a limited number of available suppliers.
2AI server production depends on access to components, including memory, and on customers’ readiness to install and use the equipment; Dell reports that supply limits and changing component designs affect shipment timing.
3Dell sells directly and through resellers, system integrators, distributors, and retailers, so product availability and sales also depend on those partners.
4Dell Financial Services funds customer purchases and leases; its financing activity is affected by credit conditions and interest rates.

可能出什么问题

1AI server orders and customer delivery schedules can change unevenly, while constrained component supply and frequent component updates can delay shipments and increase inventory and purchase commitments.
2Higher memory and other component costs can affect product costs and pricing; dependence on single-source or limited-source suppliers can also interrupt availability or timely delivery.
3Dell faces product and price competition across computers, servers, storage, and networking; changing customer demand, sales mix, and channel inventory can affect sales and profitability.

完整财务报表 →

与同行业相比处在什么位置

动量

97在同行业中满分 100

接近同行业顶部

截至一个月前的 12 个月249.0%

截至一个月前的 6 个月267.3%

最近一个月被刻意剔除：回报往往在 7 到 12 个月内延续，而最新的一个月往往反转。这描述的是股价已经走过的路，不说明它接下来会怎么走。

估值

63在同行业中满分 100

高于行业内多数公司

每单位价格对应的利润3.09%

每单位价格对应的现金2.33%

每单位价格对应的营收41.07%

每单位价格对应的资产—

整个企业对应的经营利润2.86%

资本配置

5/5克制

1 项检验未披露

资本回报率24.5%

股东回报率2.03%

股本数量，3 年-13.1%

净债务 / EBITDA2.02x

内部人，12 个月-US$2.4B

管理层怎么使用这笔钱——只按财报能回答的部分计分，绝不按占总数的比例计分。

六项资本配置检验

投入资金的回报投入资本回报 24.5%
债务与盈利之比净债务为经营利润的 2.02 倍
回馈给股东的现金每年 2.0% 用于回购和分红
三年间的股本数量三年间股本数量减少 13.1%
现金流对派付的覆盖自由现金流覆盖了派付的部分
内部人在公开市场的买入净卖出 US$2.4B——不计入扣分

这是对该公司在同行中所处位置的描述，不是投资建议。评分更新于 2026年9月26日。

关于Dell Technologies Inc.

总部: Round Rock, Texas
成立于: 1984
员工人数: approximately 97,000 (January 30, 2026, high)
上市于: New York Stock Exchange
财年结束: Friday nearest January 31

怎么赚钱

竞争对手

卖什么6

谁在买5

靠什么支撑，什么会击垮它

业务依赖什么

可能出什么问题

与同行业相比处在什么位置

关于Dell Technologies Inc.

怎么赚钱

竞争对手

卖什么6

谁在买5

靠什么支撑，什么会击垮它

业务依赖什么

可能出什么问题

与同行业相比处在什么位置

关于Dell Technologies Inc.

成长与现金——5 项中通过 5 项