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Hewlett Packard Enterprise Co (Hewlett Packard Enterprise Co) Property, Plant and Equipment : $5,997 Mil (As of Jan. 2024)


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What is Hewlett Packard Enterprise Co Property, Plant and Equipment?

Hewlett Packard Enterprise Co's quarterly net PPE increased from Jul. 2023 ($6,089 Mil) to Oct. 2023 ($6,969 Mil) but then declined from Oct. 2023 ($6,969 Mil) to Jan. 2024 ($5,997 Mil).

Hewlett Packard Enterprise Co's annual net PPE increased from Oct. 2021 ($6,497 Mil) to Oct. 2022 ($6,638 Mil) and increased from Oct. 2022 ($6,638 Mil) to Oct. 2023 ($6,969 Mil).


Hewlett Packard Enterprise Co Property, Plant and Equipment Historical Data

The historical data trend for Hewlett Packard Enterprise Co's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hewlett Packard Enterprise Co Property, Plant and Equipment Chart

Hewlett Packard Enterprise Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,054.00 6,555.00 6,497.00 6,638.00 6,969.00

Hewlett Packard Enterprise Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,990.00 6,013.00 6,089.00 6,969.00 5,997.00

Hewlett Packard Enterprise Co Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Hewlett Packard Enterprise Co  (NYSE:HPE) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Hewlett Packard Enterprise Co Property, Plant and Equipment Related Terms

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Hewlett Packard Enterprise Co (Hewlett Packard Enterprise Co) Business Description

Address
1701 East Mossy Oaks Road, Spring, TX, USA, 77389
Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.
Executives
Jeremy Cox officer: SVP Controller and CTO 3000 HANOVER STREET, PALO ALTO CA 94304
Phil Mottram officer: President, Intelligent Edge 11445 COMPAQ CENTER DRIVE WEST, HOUSTON TX 77070
Kirt P Karros officer: SVP, Finance & Treasurer 12400 HIGH BLUFF DR. SUITE 600, SAN DIEGO CA 92130
Justin Hotard officer: SVP, GM, HPC and AI 11445 COMPAQ CENTER DRIVE WEST, HOUSTON TX 77070
Neil B Macdonald officer: SVP, GM of Compute 6280 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Fidelma Russo officer: EVP, GM, HC and CTO C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
John F Schultz officer: EVP, COLO C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Gerri Gold officer: EVP, Pres & CEO Financial Serv 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Alan Richard May officer: EVP, Chief People Officer 3000 HANOVER STREET, PALO ALTO CA 94304
Antonio F Neri officer: President and CEO 3000 HANOVER STREET, PALO ALTO CA 94304
Black Thomas E Jr officer: SVP, GM of Storage 6280 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Bethany Mayer director C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Tarek Robbiati officer: EVP & CFO 6200 SPRINT PARKWAY, OVERLAND PARK KS 66251
Jean M. Hobby director 10000 WEHRLE DRIVE, CLARENCE NY 14031
Frank A Damelio director C/O PFIZER INC., 235 EAST 42ND ST., NEW YORK NY 10017