Hewlett Packard Enterprise (HPE) vs Lumentum (LITE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Lumentum (LITE) has outperformed Hewlett Packard Enterprise (HPE) over the past year, gaining 609.3% versus a gain of 191.1%. Over five years, LITE leads with a +1208.4% price change compared with +378.6% for HPE. Lumentum is the larger company by market cap ($99.66 billion vs $95.70 billion), about 1.0 times the size.
On valuation, Hewlett Packard Enterprise trades at a lower forward P/E (15.3x vs 31.2x for Lumentum). Hewlett Packard Enterprise pays a dividend yielding 0.77%, while Lumentum does not currently pay one. Hewlett Packard Enterprise converts more of its revenue into profit, with a net margin of 0.2% versus -230.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HPE | LITE |
|---|---|---|
| Share price | $72.09 | $1,111.07 |
| Market cap | $95.70B | $99.66B |
| 1-day change | +2.28% | -1.97% |
| YTD return | +201.87% | +202.41% |
| 1-year return | +191.09% | +609.30% |
| 5-year return | +378.61% | +1208.44% |
| P/E ratio (TTM) | 37.16 | — |
| Forward P/E | 15.31 | 31.24 |
| EPS (TTM) | $1.94 | $-92.96 |
| Dividend yield | 0.77% | 0.00% |
| Annual dividend | $0.558 | $0.00 |
| Revenue (latest FY) | $34.30B | $3.01B |
| Revenue growth (YoY) | +13.84% | +83.22% |
| Net income (latest FY) | $57.00M | $-6.94B |
| Gross margin | — | 41.67% |
| Operating margin | -1.27% | 17.41% |
| Net margin | 0.17% | -230.10% |
| 52-week high | $73.28 | $1,137.21 |
| 52-week low | $19.84 | $147.81 |
| Distance from 52-week high | -1.62% | -2.30% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | -0.08% | +4.58% |
| Average volume | 20.37M | 4.64M |
| Shares outstanding | 1.33B | 89.70M |
| Employees | 67,000 | 13,757 |
| Sector | Technology | Telecommunications |
| Industry | Retail: Computer Software & Peripheral Equipment | Telecommunications Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- LITE has outperformed HPE by 418.2 percentage points over the past year.
- Hewlett Packard Enterprise is more profitable, keeping 0.2 cents of every revenue dollar as net income versus -230.1 cents for Lumentum.
- Lumentum grew revenue faster in its latest fiscal year (+83.22% vs +13.84%).
- The two companies sit in different sectors: Hewlett Packard Enterprise in Technology and Lumentum in Telecommunications.
About Hewlett Packard Enterprise
HPE stock →Hewlett Packard Enterprise Company, together with its subsidiaries, develops intelligent solutions in the United States, the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and internationally. It operates in five segments: Server, Hybrid Cloud, Networking, Financial Services, and Corporate Investments and Other.
Technology · Retail: Computer Software & Peripheral Equipment · 67,000 employees
About Lumentum
LITE stock →Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.
Telecommunications · Telecommunications Equipment · 13,757 employees
HPE vs LITE FAQ
Which is bigger, Hewlett Packard Enterprise or Lumentum?
Lumentum (LITE) is larger, with a market capitalization of $99.66B compared with $95.70B for Hewlett Packard Enterprise (HPE).
Which stock has performed better over the past year, HPE or LITE?
LITE returned +609.30% over the past 12 months, compared with +191.09% for HPE (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Hewlett Packard Enterprise or Lumentum?
Hewlett Packard Enterprise pays a dividend yielding 0.77%, while Lumentum does not currently pay a regular dividend.
Are Hewlett Packard Enterprise and Lumentum in the same industry?
No. Hewlett Packard Enterprise is in the Technology sector, while Lumentum is in Telecommunications.