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WDC vs PSTG
Revenue, margins, valuation, and 5-year total return — side by side.
Computer Hardware
WDC vs PSTG — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Computer Hardware | Computer Hardware |
| Market Cap | $157.28B | $21.99B |
| Revenue (TTM) | $11.78B | $3.66B |
| Net Income (TTM) | $6.49B | $188M |
| Gross Margin | 45.4% | 70.4% |
| Operating Margin | 30.8% | 3.1% |
| Forward P/E | 51.5x | 29.2x |
| Total Debt | $5.08B | $216M |
| Cash & Equiv. | $2.11B | $855M |
WDC vs PSTG — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Western Digital Cor… (WDC) | 100 | 1383.6 | +1283.6% |
| Pure Storage, Inc. (PSTG) | 100 | 335.4 | +235.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: WDC vs PSTG
Each card shows where this stock fits in a portfolio — not just who wins on paper.
WDC carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 0 yrs, beta 2.30, yield 0.0%
- Rev growth 50.7%, EPS growth 296.2%, 3Y rev CAGR -20.3%
- 15.8% 10Y total return vs PSTG's 373.3%
PSTG is the clearest fit if your priority is value.
- Lower P/E (29.2x vs 51.5x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 50.7% revenue growth vs PSTG's 15.6% | |
| Value | Lower P/E (29.2x vs 51.5x) | |
| Quality / Margins | 55.1% margin vs PSTG's 5.1% | |
| Stability / Safety | Beta 2.30 vs PSTG's 2.32 | |
| Dividends | 0.0% yield; the other pay no meaningful dividend | |
| Momentum (1Y) | +9.5% vs PSTG's +40.6% | |
| Efficiency (ROA) | 44.0% ROA vs PSTG's 4.0%, ROIC 13.8% vs 10.3% |
WDC vs PSTG — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
WDC vs PSTG — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
WDC leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
WDC is the larger business by revenue, generating $11.8B annually — 3.2x PSTG's $3.7B. WDC is the more profitable business, keeping 55.1% of every revenue dollar as net income compared to PSTG's 5.1%. On growth, WDC holds the edge at +45.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $11.8B | $3.7B |
| EBITDAEarnings before interest/tax | $4.0B | $263M |
| Net IncomeAfter-tax profit | $6.5B | $188M |
| Free Cash FlowCash after capex | $2.9B | $256M |
| Gross MarginGross profit ÷ Revenue | +45.4% | +70.4% |
| Operating MarginEBIT ÷ Revenue | +30.8% | +3.1% |
| Net MarginNet income ÷ Revenue | +55.1% | +5.1% |
| FCF MarginFCF ÷ Revenue | +24.7% | +7.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +45.5% | +20.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +5.0% | +141.7% |
Valuation Metrics
PSTG leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 90.6x trailing earnings, WDC trades at a 36% valuation discount to PSTG's 142.5x P/E. On an enterprise value basis, WDC's 57.5x EV/EBITDA is more attractive than PSTG's 81.3x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $157.3B | $22.0B |
| Enterprise ValueMkt cap + debt − cash | $160.3B | $21.3B |
| Trailing P/EPrice ÷ TTM EPS | 90.61x | 142.49x |
| Forward P/EPrice ÷ next-FY EPS est. | 51.49x | 29.20x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 57.54x | 81.28x |
| Price / SalesMarket cap ÷ Revenue | 16.52x | 6.00x |
| Price / BookPrice ÷ Book value/share | 31.36x | 16.03x |
| Price / FCFMarket cap ÷ FCF | 122.49x | 35.71x |
Profitability & Efficiency
PSTG leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
WDC delivers a 91.9% return on equity — every $100 of shareholder capital generates $92 in annual profit, vs $13 for PSTG. PSTG carries lower financial leverage with a 0.15x debt-to-equity ratio, signaling a more conservative balance sheet compared to WDC's 0.96x. On the Piotroski fundamental quality scale (0–9), PSTG scores 6/9 vs WDC's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +91.9% | +13.0% |
| ROA (TTM)Return on assets | +44.0% | +4.0% |
| ROICReturn on invested capital | +13.8% | +10.3% |
| ROCEReturn on capital employed | +17.5% | +4.5% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.96x | 0.15x |
| Net DebtTotal debt minus cash | $3.0B | -$639M |
| Cash & Equiv.Liquid assets | $2.1B | $855M |
| Total DebtShort + long-term debt | $5.1B | $216M |
| Interest CoverageEBIT ÷ Interest expense | 26.57x | 28.04x |
Total Returns (Dividends Reinvested)
WDC leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WDC five years ago would be worth $85,770 today (with dividends reinvested), compared to $35,967 for PSTG. Over the past 12 months, WDC leads with a +948.2% total return vs PSTG's +40.6%. The 3-year compound annual growth rate (CAGR) favors WDC at 162.0% vs PSTG's 43.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +147.2% | -3.0% |
| 1-Year ReturnPast 12 months | +948.2% | +40.6% |
| 3-Year ReturnCumulative with dividends | +1697.8% | +194.4% |
| 5-Year ReturnCumulative with dividends | +757.7% | +259.7% |
| 10-Year ReturnCumulative with dividends | +1584.2% | +373.3% |
| CAGR (3Y)Annualised 3-year return | +162.0% | +43.3% |
Risk & Volatility
WDC leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
WDC is the less volatile stock with a 2.30 beta — it tends to amplify market swings less than PSTG's 2.32 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WDC currently trades 95.9% from its 52-week high vs PSTG's 66.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.30x | 2.32x |
| 52-Week HighHighest price in past year | $483.55 | $100.59 |
| 52-Week LowLowest price in past year | $43.60 | $46.51 |
| % of 52W HighCurrent price vs 52-week peak | +95.9% | +66.6% |
| RSI (14)Momentum oscillator 0–100 | 83.3 | 60.5 |
| Avg Volume (50D)Average daily shares traded | 8.1M | 2.8M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates WDC as "Buy" and PSTG as "Buy". Consensus price targets imply 29.4% upside for PSTG (target: $87) vs -12.2% for WDC (target: $408).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $407.54 | $86.63 |
| # AnalystsCovering analysts | 61 | 32 |
| Dividend YieldAnnual dividend ÷ price | +0.0% | — |
| Dividend StreakConsecutive years of raises | 0 | — |
| Dividend / ShareAnnual DPS | $0.12 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.1% | +0.3% |
WDC leads in 3 of 6 categories (Income & Cash Flow, Total Returns). PSTG leads in 2 (Valuation Metrics, Profitability & Efficiency).
WDC vs PSTG: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is WDC or PSTG a better buy right now?
For growth investors, Western Digital Corporation (WDC) is the stronger pick with 50.
7% revenue growth year-over-year, versus 15. 6% for Pure Storage, Inc. (PSTG). Western Digital Corporation (WDC) offers the better valuation at 90. 6x trailing P/E (51. 5x forward), making it the more compelling value choice. Analysts rate Western Digital Corporation (WDC) a "Buy" — based on 61 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — WDC or PSTG?
On trailing P/E, Western Digital Corporation (WDC) is the cheapest at 90.
6x versus Pure Storage, Inc. at 142. 5x. On forward P/E, Pure Storage, Inc. is actually cheaper at 29. 2x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — WDC or PSTG?
Over the past 5 years, Western Digital Corporation (WDC) delivered a total return of +757.
7%, compared to +259. 7% for Pure Storage, Inc. (PSTG). Over 10 years, the gap is even starker: WDC returned +1584% versus PSTG's +373. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — WDC or PSTG?
By beta (market sensitivity over 5 years), Western Digital Corporation (WDC) is the lower-risk stock at 2.
30β versus Pure Storage, Inc. 's 2. 32β — meaning PSTG is approximately 1% more volatile than WDC relative to the S&P 500. On balance sheet safety, Pure Storage, Inc. (PSTG) carries a lower debt/equity ratio of 15% versus 96% for Western Digital Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — WDC or PSTG?
By revenue growth (latest reported year), Western Digital Corporation (WDC) is pulling ahead at 50.
7% versus 15. 6% for Pure Storage, Inc. (PSTG). On earnings-per-share growth, the picture is similar: Western Digital Corporation grew EPS 296. 2% year-over-year, compared to 51. 6% for Pure Storage, Inc.. Over a 3-year CAGR, PSTG leads at 10. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — WDC or PSTG?
Western Digital Corporation (WDC) is the more profitable company, earning 19.
5% net margin versus 5. 1% for Pure Storage, Inc. — meaning it keeps 19. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: WDC leads at 24. 5% versus 3. 1% for PSTG. At the gross margin level — before operating expenses — PSTG leads at 70. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is WDC or PSTG more undervalued right now?
On forward earnings alone, Pure Storage, Inc.
(PSTG) trades at 29. 2x forward P/E versus 51. 5x for Western Digital Corporation — 22. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for PSTG: 29. 4% to $86. 63.
08Which pays a better dividend — WDC or PSTG?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is WDC or PSTG better for a retirement portfolio?
For long-horizon retirement investors, Western Digital Corporation (WDC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+1584% 10Y return).
Pure Storage, Inc. (PSTG) carries a higher beta of 2. 32 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (WDC: +1584%, PSTG: +373. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between WDC and PSTG?
Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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