Dell Technologies Financial Performance from Time to Time- According to Annual Report of Dell Technologies, Dell Technologies has shown the positive performance from time to time. It can be seen in the business performance in the last 5 years.
Historically, the Dell Technologies was founded on February 1st, 1984, by Michael Dell at University of Texas dorm room. Operationally, this company still has a main office in Round Rock, Texas, US. This company basically has some good products in Hardware products, including laptop, Personal Computers, Servers and some peripheral devices. To date, Dell Technologies has employed 133 thousand of people as of 2020.
Along with business development of Dell Technologies, Dell technologies has some products includes Laptop(XPS, Latitude, Inspiron, Vostro, Alienware, G Series, Precision Mobile Workstations, Latitude Rugged Laptops, and Chromebook Laptops), Desktop ( XPS Desktops, OptiPlex Desktops, Inspiron Desktops, Alienware Desktops, Precision Fixed Workstations), Servers, Data storage, Data protection, Networking, Hyperconverged infrastructure, Monitors, Electronics & Accessories, Software.
The Assets, Liabilities, and Equites of Dell Technologies From 2015 to 2022
| Years | Assets | Liabilities | Equities |
|---|---|---|---|
| USD Million | USD Million | USD Million | |
| 2022 | 89,611 | 92,636 | -3,025 |
| 2021 | 92,735 | 94,315 | -1,580 |
| 2020 | 123,415 | 115,390 | 8,025 |
| 2019 | 118,861 | 115,077 | 3,784 |
| 2018 | 111,820 | 111,566 | 254 |
| 2017 | 122,281 | 106,910 | 15,371 |
| 2016 | 118,206 | 98,966 | 19,240 |
| 2015 | 45,122 | 43,550 | 1,572 |
| Source : Dell Technologies Annual Report, 2017-2022 | |||
Based on the financial position on Balance sheet, this company is in good conditions. the assets of dell in 2015 just 45,122 million US Dollars with Liabilities around 43,550 million US Dollars. Furthermore, in 2022, the asset of Dell becomes 89,611 million US Dollars with Liabilities around 92,636 million US Dollars.
The Revenue and Net Income of Dell Technologies From 2015 to 2022
| Years | Revenue | Net Income |
|---|---|---|
| USD Million | USD Million | |
| 2022 | 102,301 | 2,422 |
| 2021 | 101,197 | 5,707 |
| 2020 | 86,670 | 3,505 |
| 2019 | 84,815 | 5,529 |
| 2018 | 90,621 | -2,181 |
| 2017 | 79,040 | -2,926 |
| 2016 | 61,642 | -1,718 |
| 2015 | 50,911 | -1,168 |
| 2014 | 54,142 | -1,221 |
| Source : Dell Technologies Annual Report, 2017-2022 | ||
Based on the business performance in 2015 to 2022, the company has good performance in the last 4 years, exactly in 2019, 2020, 2021, and 2022. It basically changed the negative conditions in 2014 to 2018. The revenue of Dell in 2014 is just 54 billion US Dollars with net loss 1.2 billion US Dollars. In 2022, the revenue of Dell Technologies has grown into 102 billion US Dollars with Net Income around 2.4 billion US Dollars.
Bibliography of Dell Technologies Financial Performance From Time to Time
Dell Technologies. 2023.Investor Relations. Accessed via https://investors.delltechnologies.com/ on June 4th, 2023.
Wikipedia.2023. Dell. Investor Relations. Accessed via https://en.wikipedia.org/wiki/Dell on June 4th, 2023.