XML 28 R18.htm IDEA: XBRL DOCUMENT v3.25.2
Earnings Per Share
9 Months Ended
Jul. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
HP calculates basic net EPS using net earnings and the weighted-average number of shares outstanding during the reporting period. Diluted net EPS includes any dilutive effect of restricted stock units, stock options, performance-based awards and shares purchased under the 2021 employee stock purchase plan.
A reconciliation of the number of shares used for basic and diluted net EPS calculations is as follows:
 Three months ended July 31Nine months ended July 31
 2025202420252024
 In millions, except per share amounts
Numerator:  
Net earnings$763 $640 $1,734 $1,869 
Denominator:  
Weighted-average shares used to compute basic net EPS947 979 948 986 
Dilutive effect of employee stock plans11 
Weighted-average shares used to compute diluted net EPS954 990 955 994 
Net earnings per share:  
Basic$0.81 $0.65 $1.83 $1.90 
Diluted$0.80 $0.65 $1.82 $1.88 
Anti-dilutive effect of employee stock plans(1)
14 — 
(1)HP excludes from the calculation of diluted net EPS stock options and restricted stock units where the assumed proceeds exceed the average market price, because their effect would be anti-dilutive. The assumed proceeds of a stock option include the sum of its exercise price, and average unrecognized compensation cost. The assumed proceeds of a restricted stock unit represent average unrecognized compensation cost.