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Risks, uncertainties and assumptions include the need to address the many challenges facing HP’s businesses; the competitive pressures faced by HP’s businesses; risks associated with executing HP’s strategy; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP’s products and the delivery of HP’s services effectively; the protection of HP’s intellectual property assets, including intellectual property licensed from third parties; risks associated with HP’s international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers, clients and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the results of the restructuring plans, including estimates and assumptions related to the cost (including any possible disruption of HP’s business) and the anticipated benefits of the restructuring plans; the impact of changes in tax laws, including uncertainties related to the interpretation and application of the Tax Cuts and Jobs Act of 2017 on HP's tax obligations and effective tax rate; the resolution of pending investigations, claims and disputes; and other risks that are described or updated from time to time in HP’s filings with the Securities and Exchange Commission. HP assumes no obligation and does not intend to update these forward-looking statements.

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HP: Who We Are

  • The original Silicon Valley Startup: Founded in 1939; Reinvented in 2015
  • We are one of the leading printing and personal systems technology companies in the world, and we are here to create technology that makes life better for everyone everywhere.
  • In an ever-changing, connected world, HP Inc. keeps reinventing itself, its technologies, and what tomorrow holds—so industries, communities, and individuals can keep reinventing how they operate, ideate, and create what matters the most to them. Our mission is to engineer experiences that amaze each and every one of our customers.
  • Our goal is to deliver predictable cashflow and return of capital to shareholders while reinvesting in the business.
Operations in

185 Countries

28,000

Patents

HP Brand

Strength

Sustainability

Woman at desk with monitor printer

HP 3D Printing Application_PA12

  • HP is a global leader in the personal systems and printing industries, with a combined total addressable market in excess of $500B.
  • Our personal systems business continues to create amazing new compute experiences for customers while driving profitable growth and growing the lifetime value of our installed base.
  • Our print business is a market leader in size, scale, profit and innovation across office, home and graphics printing, and we will continue to advance our leadership, disrupt industries and transform our business to improve our profitability.
  • Our 3D printing and digital manufacturing business leverages 30 years of technology and expertise as it seeks to disrupt the over $500 billion global manufacturing industry.

Advance Printing and Personal Systems:

  1. Personal Systems:
          1. Reinvent computing experiences
          2. Grow lifetime value of installed base
          3. Accelerate services & solutions
  • Office & Home Printing: 
          1. Structural cost reduction
          2. Maximize value of installed base
          3. Evolve business models

Disrupt Industrial Businesses: 

  • Accelerate shift from analog to digital in Graphics
  • 3D Printing business seeks to disrupt the way the world designs and manufactures
  • Unlock new sources of value by leveraging our microfluidics IP
         

Transform:

  • Simplify & prioritize customer experience
  • Optimize our cost structure
  • Become more digitally enabled

Execution against our strategy is supported by key competencies and competitive advantages

Iconic Brand

Best in class Global supply chain

Powerful IP & technology

Unmatched commercial and consumer channel

Leverage customer insights & Big Data & analytics

Leading sustainably

   
       

Advance Leadership in Printing and Personal Systems:

  • Focus on operating profit $ growth in Personal Systems and Print
  • Simplify operating models and structural cost reduction: $1.2B in gross run rate savings in FY22

Disrupt Industrial Businesses:

  • Investing in future disruptive categories, including Graphics and 3D / Digital Manufacturing

Aggressive Return of Capital to Shareholders:

  • Strong Free Cash Flow: $11.5B in cumulative free cash flow (FY17-FY19) 
  • Enhanced Return of Capital: Long-term return of capital of 100% of free cash flow, unless higher ROI opportunities emerge; target gross leverage ratio of 1.5x – 2.0x debt to EBITDA 
  • Grow Dividends per share at least in-line with earnings
  • Commitment to investment grade rating and strong balance sheet