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    Top Companies Report

    HP Inc.

    ...

    HP Inc.
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    07.21.21
    1501 Page Mill Road
    Palo Alto, CA 94304
    Tel: (650) 857-1501
    www.hp.com

    Sales: 2020 net revenue of $56.6 billion; $90 million in inks (Ink World estimate).

    Major Products: Printers and water-based inks for a wide range of digital printing.

    Key Personnel: Enrique Lores, president and CEO; Marie Myers, CFO; Tuan Tran, president of Imaging, Printing & Solutions; Christoph Schell, chief commercial officer; Antoine Simonnet, chief supply chain operations; Tolga Kurtoglu, CTO and global head of HP labs.

    Number of Employees: Approximately 53,000 worldwide as of 2018.

    Operating Facilities: The company has more than 100 locations worldwide.

    Comments: The leader in digital printing, HP has top positions in a variety of markets, including home and home office, narrow web and label (HP Indigo), corrugated (HP PageWide), large format (HP PageWide XL) and specialty printing systems, including HP Stitch (textiles) and HP Thermal Inkjet (TIJ) technology.

    In 2020, HP Inc. reported net revenue of $56.6 billion, a decrease of 3.6% from the prior-year period. The Printing business alone was $17.6 billion, with operating profit of $2.5 billion. HP generated $4.3 billion in net cash provided by operating activities and $3.9 billion of free cash flow in fiscal 2019.

    HP develops its own inks, most of which are water-based, as well as doing some ink manufacturing. In July 2020, HP launched its latest PageWide printer, HP PageWide Web Press T250 HD, introducing its new water-based HP Brilliant Ink for the printer. 
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