Dell Technologies Inc. (DELL) [Rocket]

In millions, except per share items	Feb-03-23	Jan-28-22	Jan-29-21	Jan-31-20	Feb-01-19	Feb-02-18	Feb-03-17	Jan-29-16
	8-K	8-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Client Solutions			48,355	45,838	43,196	39,218	36,509	35,877
Infrastructure Solutions			32,588	33,969	36,720	30,917	22,070	14,978
VMware			11,873	10,905	9,741	8,485	3,543
Other			1,567	1,788	1,676	1,704	1,153	382
Total revenues [+]	102,301	101,197	94,224	92,154	90,621	79,040	62,164	50,911
Products	79,250	79,830						42,742
Services	23,051	21,367						8,169
Revenue growth [+]	1.1%	7.4%	2.2%	1.7%	14.7%	27.1%	22.1%	-6.0%
Client Solutions			5.5%	6.1%	10.1%	7.4%	1.8%	-9.5%
Infrastructure Solutions			-4.1%	-7.5%	18.8%	40.1%	47.3%	1.8%
VMware			8.9%	11.9%	14.8%	139.5%
Other			-12.4%	6.7%	-1.6%	47.8%	201.8%	11.7%
Unallocated transactions			500.0%
Cost of goods sold [+]	79,615	79,306	64,807	63,221	65,568	58,503	48,515	42,524
Cost of product sales	66,029	67,224						37,563
Cost of services	13,586	12,082						4,961
Gross profit	22,686	21,891	29,417	28,933	25,053	20,537	13,649	8,387
Gross margin	22.2%	21.6%	31.2%	31.4%	27.6%	26.0%	22.0%	16.5%
Selling, general and administrative	14,167	14,687	18,998	21,319	20,640	18,569	13,403	7,850
Research and development	2,782	2,580	5,275	4,992	4,604	4,384	2,636	1,051
Other operating expenses	-39	-39
EBITDA [+]			10,534	8,765	7,555	6,218	2,548	2,358
EBITDA growth	23.9%	-55.7%	20.2%	16.0%	21.5%	144.0%	8.1%	-11.4%
EBITDA margin	5.6%	4.6%	11.2%	9.5%	8.3%	7.9%	4.1%	4.6%
Depreciation			1,990	1,743	1,646	1,634	1,238	872
EBITA	5,777	4,664	8,544	7,022	5,909	4,584	1,310	1,486
EBITA margin	5.6%	4.6%	9.1%	7.6%	6.5%	5.8%	2.1%	2.9%
Amortization of intangibles			3,400	4,400	6,100	7,000	3,700	2,000
EBIT [+]	5,777	4,664	5,144	2,622	-191	-2,416	-2,390	-514
EBIT growth	23.9%	-9.3%	96.2%	-1472.8%	-92.1%	1.1%	365.0%	62.7%
EBIT margin	5.6%	4.6%	5.5%	2.8%	-0.2%	-3.1%	-3.8%	-1.0%
Interest expense			2,389	2,675	2,488	2,406	1,751	680
Other income (expense), net	-2,548	1,265	915	49	318	53	-353	-92
Pre-tax income	3,228	5,929	3,670	-4	-2,361	-4,769	-4,494	-1,286
Income taxes	803	981	165	-5,533	-180	-1,843	-1,420	-118
Tax rate	24.9%	16.5%	4.5%	138325.0%	7.6%	38.6%	31.6%	9.2%
Minority interest			255	913	129	-77	9
Earnings from continuing ops	2,442	4,798	3,415	-917	-2,490	-4,692	-6,157	-2,336
Earnings from discontinued ops		765					1,916	64
Net income	2,442	5,563	3,415	-917	-2,490	-4,692	-4,241	-2,272
Net margin	2.4%	5.5%	3.6%	-1.0%	-2.7%	-5.9%	-6.8%	-4.5%

Basic EPS [+]			$4.59	($1.27)	($3.19)	($6.09)	($8.96)	($5.77)
Growth			-462.4%	-60.3%	-47.7%	-32.0%	55.4%
Diluted EPS [+]			$4.45	($1.22)	($3.19)	($6.09)	($8.96)	($5.77)
Growth			-464.6%	-61.7%	-47.7%	-32.0%	55.4%

Dividends per share [+]					$2.73
Growth				-100.0%

Shares outstanding (basic) [+]			744	724	781	770	687	405
Growth			2.8%	-7.3%	1.4%	12.1%	69.6%
Shares outstanding (diluted) [+]			767	751	781	770	687	405
Growth			2.1%	-3.8%	1.4%	12.1%	69.6%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.