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Western Digital Corporation(WDC)Earnings, Financials & Key Ratios
WDC•NASDAQ
145.7× P/E·Price updated Jun 19, 2026
AboutWestern Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for computing devices, such as desktop and notebook personal computers (PCs), smart video systems, gaming consoles, and set top boxes; flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications; and flash-based memory wafers. The company also provides data center devices and solutions comprising enterprise helium hard drives; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; data center solutions for data storage systems and tiered storage models; and data storage platforms. In addition, it offers client solutions, such as external HDD storage products in mobile and desktop form; client portable SSDs; removable cards that are used in consumer devices comprising mobile phones, tablets, imaging systems, and cameras and smart video systems; universal serial bus flash drives for use in the computing and consumer markets; and wireless drive products used in-field back up of created content, as well as wireless streaming of high-definition movies, photos, music, and documents to tablets, smartphones, and PCs. The company sells its products under the G-Technology, SanDisk, and WD brands to original equipment manufacturers, distributors, dealers, resellers, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.Show more
- Revenue$9.52B+50.7%
- EBITDA$2.79B+1587.9%
- Net Income$1.86B+333.2%
- EPS (Diluted)5.12+296.2%
- Gross Margin38.78%+38.2%
- EBITDA Margin29.25%+1020.0%
- Operating Margin24.52%+484.3%
- Net Margin19.55%+254.7%
- ROE23.08%+414.9%
WDC Key Insights
Western Digital Corporation (WDC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 98 (top 2%)
✗Weaknesses
- ✗Weak 3Y average ROE of 0.4%
- ✗Sales declining 10.7% over 5 years
- ✗Shares diluted 10.1% in last year
- ✗Expensive at 50.4x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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WDC Price & Volume
Western Digital Corporation (WDC) stock price & volume — 10-year historical chart
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WDC Growth Metrics
Western Digital Corporation (WDC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-4.17%
5 Years-10.67%
3 Years-20.28%
TTM9.1%
Profit CAGR
10 Years2.42%
5 Years-
3 Years6.38%
TTM293.09%
EPS CAGR
10 Years-1.86%
5 Years-
3 Years2.53%
TTM280.65%
Return on Capital
10 Years5.6%
5 Years5.93%
3 Years4.2%
Last Year17.49%
WDC Recent Earnings
Western Digital Corporation (WDC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
Apr 30, 2026Metric
Actual
Est
EPS
$2.72+13.8%
$2.39
Rev
$3.3B+2.8%
$3.2B
Q1 2026
Jan 29, 2026Metric
Actual
Est
EPS
$2.13+10.4%
$1.93
Rev
$3.0B+3.0%
$2.9B
Q4 2025
Oct 30, 2025Metric
Actual
Est
EPS
$1.78+11.9%
$1.59
Rev
$2.8B+3.2%
$2.7B
Q3 2025
Jul 30, 2025Metric
Actual
Est
EPS
$1.66+12.2%
$1.48
Rev
$2.6B+5.4%
$2.5B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $2.72vs $2.39+13.8% | $3.3Bvs $3.2B+2.8% |
| Q1 2026 | Jan 29, 2026 | $2.13vs $1.93+10.4% | $3.0Bvs $2.9B+3.0% |
| Q4 2025 | Oct 30, 2025 | $1.78vs $1.59+11.9% | $2.8Bvs $2.7B+3.2% |
| Q3 2025 | Jul 30, 2025 | $1.66vs $1.48+12.2% | $2.6Bvs $2.5B+5.4% |
Based on last 12 quarters of dataView full earnings history →
WDC Peer Comparison
Western Digital Corporation (WDC) competitors in Data Center Compute and Storage — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 STX | 233.39B | 1070.23 | 158.08 | 38.86% | 21.6% | 9.16% | ||
 MU | 1.28T | 1133.99 | 149.41 | 48.85% | 41.49% | 40.84% | 0.28 | |
 SNDK | 322.47B | 2184.75 | -193.00 | 34.16% | 43.43% | 0.22 | ||
 NTAP | 31.63B | 159.71 | 25.11 | 5.37% | 18.43% | 114.18% | 1.84 | |
 PSTG | 28.49B | 86.22 | 183.45 | 5.89% | 17.22% | 0.15 | ||
 STEC | 1.06B | 12.60 | 1.52 | 7.71% | 10.73% | 0.15 | ||
 AMAT | 489.96B | 617.11 | 71.26 | 4.39% | 29.31% | 39.78% | 0.35 | |
 LRCX | 485.82B | 389.04 | 93.74 | 23.68% | 30.94% | 65.79% | 0.48 |
Compare WDC vs Peers
Western Digital Corporation (WDC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WDC Income Statement
Western Digital Corporation (WDC) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Jun'17 | Jun'18 | Jun'19 | Jul'20 | Jul'21 | Jul'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 19.09B | 20.65B | 16.57B | 16.74B | 16.92B | 18.79B | 6.25B | 6.32B | 9.52B | 11.78B |
Revenue Growth % | 46.94% | 8.14% | -19.75% | 1.01% | 1.11% | 11.06% | -66.72% | 0.99% | 50.7% | 9.1% |
Cost of Goods Sold | 13.02B | 12.94B | 12.82B | 12.96B | 12.4B | 12.92B | 4.86B | 4.54B | 5.83B | 6.43B |
COGS % of Revenue | 68.2% | 62.68% | 77.36% | 77.41% | 73.28% | 68.74% | 77.76% | 71.93% | 61.22% | - |
Gross Profit | 6.07B▲ 0% | 7.71B▲ 26.9% | 3.75B▼ 51.3% | 3.78B▲ 0.8% | 4.52B▲ 19.6% | 5.87B▲ 29.9% | 1.39B▼ 76.3% | 1.77B▲ 27.5% | 3.69B▲ 108.2% | 5.35B▲ 0% |
Gross Margin % | 31.8% | 37.32% | 22.64% | 22.59% | 26.72% | 31.26% | 22.24% | 28.07% | 38.78% | 45.43% |
Gross Profit Growth % | 76.77% | 26.89% | -51.3% | 0.77% | 19.57% | 29.93% | -76.32% | 27.46% | 108.23% | - |
Operating Expenses | 4.12B | 4.09B | 3.67B | 3.45B | 3.3B | 3.48B | 1.94B | 2.18B | 1.36B | 1.73B |
OpEx % of Revenue | 21.57% | 19.8% | 22.12% | 20.59% | 19.51% | 18.53% | 31% | 34.45% | 14.26% | - |
Selling, General & Admin | 1.45B | 1.47B | 1.32B | 1.15B | 1.1B | 1.12B | 807M | 726M | 568M | 537M |
SG&A % of Revenue | 7.57% | 7.13% | 7.95% | 6.89% | 6.53% | 5.94% | 12.9% | 11.49% | 5.97% | - |
Research & Development | 2.44B | 2.4B | 2.18B | 2.26B | 2.24B | 2.32B | 986M | 950M | 994M | 1.14B |
R&D % of Revenue | 12.78% | 11.62% | 13.17% | 13.51% | 13.25% | 12.36% | 15.76% | 15.04% | 10.44% | - |
Other Operating Expenses | 232M | 215M | 166M | 32M | -47M | 43M | 146M | 500M | -204M | 3M |
Operating Income | 1.95B▲ 0% | 3.62B▲ 85.1% | 87M▼ 97.6% | 335M▲ 285.1% | 1.22B▲ 264.2% | 2.39B▲ 96.0% | -548M▼ 122.9% | -403M▲ 26.5% | 2.33B▲ 679.2% | 3.63B▲ 0% |
Operating Margin % | 10.23% | 17.52% | 0.53% | 2% | 7.21% | 12.72% | -8.76% | -6.38% | 24.52% | 30.78% |
Operating Income Growth % | 319.31% | 85.11% | -97.59% | 285.06% | 264.18% | 95.98% | -122.92% | 26.46% | 679.16% | - |
EBITDA | 4.08B | 5.67B | 1.9B | 1.9B | 2.43B | 3.32B | 280M | 165M | 2.79B | 3.99B |
EBITDA Margin % | 21.38% | 27.48% | 11.46% | 11.36% | 14.37% | 17.67% | 4.48% | 2.61% | 29.25% | 33.85% |
EBITDA Growth % | 151.98% | 38.98% | -66.53% | 0.11% | 27.93% | 36.51% | -91.57% | -41.07% | 1587.88% | 37.96% |
D&A (Non-Cash Add-back) | 2.13B | 2.06B | 1.81B | 1.57B | 1.21B | 929M | 828M | 568M | 451M | 362M |
EBIT | 1.62B | 2.76B | 182M | 367M | 1.25B | 2.48B | -539M | -325M | 1.49B | 4.97B |
Net Interest Income | -821M | -616M | -412M | -385M | -319M | -298M | -291M | -381M | -312M | 390M |
Interest Income | 26M | 60M | 57M | 28M | 7M | 6M | 19M | 33M | 45M | 577M |
Interest Expense | 847M | 676M | 469M | 413M | 326M | 304M | 310M | 414M | 357M | 187M |
Other Income/Expense | -1.19B | -1.53B | -374M | -381M | -293M | -220M | -301M | -336M | -1.2B | 3.38B |
Pretax Income | 769M▲ 0% | 2.08B▲ 171.1% | -287M▼ 113.8% | -46M▲ 84.0% | 927M▲ 2115.2% | 2.17B▲ 134.2% | -849M▼ 139.1% | -739M▲ 13.0% | 1.13B▲ 252.9% | 7B▲ 0% |
Pretax Margin % | 4.03% | 10.1% | -1.73% | -0.27% | 5.48% | 11.55% | -13.57% | -11.7% | 11.87% | 59.48% |
Income Tax | 372M | 1.41B | 467M | 204M | 106M | 625M | 53M | 26M | -513M | 524M |
Effective Tax Rate % | 48.37% | 67.63% | -162.72% | -443.48% | 11.43% | 28.79% | -6.24% | -3.52% | -45.4% | 7.48% |
Net Income | 397M▲ 0% | 675M▲ 70.0% | -754M▼ 211.7% | -250M▲ 66.8% | 821M▲ 428.4% | 1.55B▲ 88.3% | -1.68B▼ 208.9% | -798M▲ 52.6% | 1.86B▲ 333.2% | 6.49B▲ 0% |
Net Margin % | 2.08% | 3.27% | -4.55% | -1.49% | 4.85% | 8.23% | -26.92% | -12.63% | 19.55% | 55.07% |
Net Income Growth % | 64.05% | 70.03% | -211.7% | 66.84% | 428.4% | 88.31% | -208.93% | 52.61% | 333.21% | 293.09% |
Net Income (Continuing) | 397M | 675M | -754M | -250M | 821M | 1.55B | -902M | -765M | 1.64B | 6.48B |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | -782M | -33M | 246M | 1000K |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 1.34▲ 0% | 2.20▲ 64.2% | -2.58▼ 217.3% | -0.84▲ 67.4% | 2.66▲ 416.7% | 4.75▲ 78.6% | -5.37▼ 213.1% | -2.61▲ 51.4% | 5.12▲ 296.2% | 17.25▲ 0% |
EPS Growth % | 34% | 64.18% | -217.27% | 67.44% | 416.67% | 78.57% | -213.05% | 51.4% | 296.17% | 280.65% |
EPS (Basic) | 1.38 | 2.27 | -2.58 | -0.84 | 2.69 | 4.81 | -5.37 | -2.61 | 5.31 | - |
Diluted Shares Outstanding | 296M | 307M | 292M | 298M | 309M | 316M | 318M | 326M | 359M | 376M |
Basic Shares Outstanding | 288M | 297M | 292M | 298M | 305M | 312M | 318M | 326M | 347M | 345M |
Dividend Payout Ratio | 144.58% | 87.85% | - | - | - | - | - | - | 2.36% | - |
WDC Balance Sheet
Western Digital Corporation (WDC) balance sheet — assets, liabilities & shareholders' equity
| Metric | Jun'17 | Jun'18 | Jun'19 | Jul'20 | Jul'21 | Jul'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 11.06B | 10.64B | 8.48B | 9.05B | 9.76B | 9.45B | 7.89B | 8.06B | 5.86B | 6.91B |
Cash & Short-Term Investments | 6.35B | 5B | 3.46B | 3.05B | 3.37B | 2.33B | 2.02B | 1.55B | 2.47B | 2.05B |
Cash Only | 6.35B | 5B | 3.46B | 3.05B | 3.37B | 2.33B | 2.02B | 1.55B | 2.11B | 2.05B |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 354M | 0 |
Accounts Receivable | 1.95B | 2.2B | 1.2B | 2.38B | 2.26B | 2.8B | 1.6B | 1.23B | 1.49B | 1.89B |
Days Sales Outstanding | 37.24 | 38.84 | 26.52 | 51.88 | 48.68 | 54.46 | 93.25 | 71.13 | 56.97 | 49.74 |
Inventory | 2.34B | 2.94B | 3.28B | 3.07B | 3.62B | 3.64B | 3.7B | 1.39B | 1.29B | 1.36B |
Days Inventory Outstanding | 65.62 | 83.03 | 93.49 | 86.5 | 106.43 | 102.78 | 277.5 | 111.41 | 80.85 | 76.53 |
Other Current Assets | 413M | 492M | 535M | 551M | 514M | 684M | 567M | 3.89B | 611M | 1.61B |
Total Non-Current Assets | 18.8B | 18.6B | 17.89B | 16.61B | 16.38B | 16.81B | 16.66B | 16.13B | 8.15B | 8.13B |
Property, Plant & Equipment | 3.03B | 3.1B | 2.84B | 2.85B | 3.19B | 3.67B | 3.62B | 2.36B | 2.34B | 2.42B |
Fixed Asset Turnover | 6.30x | 6.67x | 5.83x | 5.86x | 5.31x | 5.12x | 1.73x | 2.68x | 4.06x | 4.98x |
Goodwill | 10.01B | 10.07B | 10.08B | 10.07B | 10.07B | 10.04B | 10.04B | 4.32B | 4.32B | 4.32B |
Intangible Assets | 3.82B | 2.68B | 1.71B | 941M | 442M | 213M | 80M | 72M | 0 | 0 |
Long-Term Investments | 0 | 0 | 0 | 0 | 1.59B | 1.4B | 1.41B | 0 | 0 | 0 |
Other Non-Current Assets | 1.93B | 2.75B | 3.26B | 2.75B | 1.09B | 1.49B | 1.51B | 9.22B | 477M | 1.39B |
Total Assets | 29.86B▲ 0% | 29.23B▼ 2.1% | 26.37B▼ 9.8% | 25.66B▼ 2.7% | 26.13B▲ 1.8% | 26.26B▲ 0.5% | 24.55B▼ 6.5% | 24.19B▼ 1.5% | 14B▼ 42.1% | 15.04B▲ 0% |
Asset Turnover | 0.64x | 0.71x | 0.63x | 0.65x | 0.65x | 0.72x | 0.25x | 0.26x | 0.68x | 0.80x |
Asset Growth % | -9.14% | -2.09% | -9.8% | -2.68% | 1.83% | 0.49% | -6.52% | -1.46% | -42.11% | -130.9% |
Total Current Liabilities | 4.34B | 4.46B | 3.82B | 4.41B | 4.87B | 5.24B | 5.43B | 6.09B | 5.42B | 4.64B |
Accounts Payable | 2.35B | 2.52B | 1.9B | 2.35B | 2.33B | 2.22B | 1.58B | 1.05B | 1.27B | 1.59B |
Days Payables Outstanding | 65.87 | 71.18 | 54.05 | 66.27 | 68.64 | 62.78 | 118.94 | 84.66 | 79.29 | 83.53 |
Short-Term Debt | 233M | 179M | 276M | 286M | 251M | 40M | 1.25B | 1.78B | 2.26B | 1.58B |
Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 506M | 479M | 347M | 472M | 634M | 1.59B | 1.25B | 1.73B | 376M | 1.47B |
Current Ratio | 2.55x | 2.39x | 2.22x | 2.05x | 2.00x | 1.81x | 1.45x | 1.32x | 1.08x | 1.49x |
Quick Ratio | 2.01x | 1.73x | 1.36x | 1.36x | 1.26x | 1.11x | 0.77x | 1.10x | 0.84x | 1.20x |
Cash Conversion Cycle | 36.99 | 50.68 | 65.96 | 72.11 | 86.47 | 94.47 | 251.81 | 97.88 | 58.54 | 42.74 |
Total Non-Current Liabilities | 14.1B | 13.25B | 12.59B | 11.71B | 10.54B | 8.8B | 8.15B | 7.28B | 3.27B | 728M |
Long-Term Debt | 12.92B | 10.99B | 10.25B | 9.29B | 8.47B | 7.3B | 6.98B | 5.91B | 2.71B | 0 |
Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 277M | 244M | 133M | 110M | 213M |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 477M | 408M | 443M | 163M | 356M |
Other Non-Current Liabilities | 1.18B | 2.25B | 2.34B | 2.42B | 2.07B | 748M | 519M | 794M | 286M | 728M |
Total Liabilities | 18.44B | 17.7B | 16.4B | 16.11B | 15.41B | 14.04B | 13.58B | 13.37B | 8.69B | 5.37B |
Total Debt | 13.15B | 11.17B | 10.52B | 9.57B | 8.72B | 7.62B | 8.47B | 7.82B | 5.08B | 1.58B |
Net Debt | 6.8B | 6.17B | 7.07B | 6.53B | 5.36B | 5.29B | 6.45B | 6.27B | 2.97B | -469M |
Debt / Equity | 1.15x | 0.97x | 1.06x | 1.00x | 0.81x | 0.62x | 0.77x | 0.72x | 0.96x | 0.16x |
Debt / EBITDA | 3.22x | 1.97x | 5.54x | 5.04x | 3.59x | 2.29x | 30.26x | 47.42x | 1.82x | 0.40x |
Net Debt / EBITDA | 1.67x | 1.09x | 3.72x | 3.43x | 2.20x | 1.59x | 23.04x | 38.02x | 1.07x | -0.12x |
Interest Coverage | 1.91x | 4.08x | 0.39x | 0.89x | 3.84x | 8.14x | -1.74x | -0.79x | 4.17x | 26.57x |
Total Equity | 11.42B▲ 0% | 11.53B▲ 1.0% | 9.97B▼ 13.6% | 9.55B▼ 4.2% | 10.72B▲ 12.3% | 12.22B▲ 14.0% | 10.96B▼ 10.3% | 10.82B▼ 1.3% | 5.31B▼ 50.9% | 9.68B▲ 0% |
Equity Growth % | 2.45% | 0.99% | -13.56% | -4.17% | 12.25% | 13.99% | -10.29% | -1.33% | -50.91% | -52.78% |
Book Value per Share | 38.57 | 37.56 | 34.13 | 32.05 | 34.70 | 38.67 | 34.48 | 33.18 | 14.79 | 25.74 |
Total Shareholders' Equity | 11.42B | 11.53B | 9.97B | 9.55B | 10.72B | 12.22B | 10.96B | 10.82B | 5.31B | 9.68B |
Common Stock | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 0 |
Retained Earnings | 8.63B | 8.76B | 7.45B | 6.72B | 7.54B | 9.04B | 7.57B | 6.78B | 762M | 0 |
Treasury Stock | -1.67B | -1.44B | -1.27B | -737M | -232M | 0 | 0 | 0 | -95M | 0 |
Accumulated OCI | -58M | -39M | -68M | -157M | -197M | -554M | -548M | -712M | 20M | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
WDC Cash Flow Statement
Western Digital Corporation (WDC) cash flow — operating, investing & free cash flow history
| Metric | Jun'17 | Jun'18 | Jun'19 | Jul'20 | Jul'21 | Jul'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 3.44B | 4.21B | 1.55B | 824M | 1.9B | 1.88B | -408M | -294M | 1.69B | 3.29B |
Operating CF Margin % | 18% | 20.37% | 9.34% | 4.92% | 11.22% | 10% | -6.52% | -4.65% | 17.76% | - |
Operating CF Growth % | 73.32% | 22.35% | -63.21% | -46.74% | 130.34% | -0.95% | -121.7% | 27.94% | 675.17% | 2186.22% |
Net Income | 397M | 675M | -754M | -250M | 821M | 1.55B | -1.68B | -798M | 1.89B | 6.49B |
Depreciation & Amortization | 2.13B | 2.06B | 1.81B | 1.57B | 1.21B | 929M | 828M | 568M | 451M | 362M |
Stock-Based Compensation | 394M | 377M | 306M | 308M | 318M | 326M | 318M | 295M | 265M | 204M |
Deferred Taxes | 12M | -348M | 374M | -82M | -242M | 116M | -48M | -161M | -745M | 68M |
Other Non-Cash Items | 415M | 959M | 69M | 39M | -36M | 38M | 86M | 109M | 862M | -3.61B |
Working Capital Changes | 91M | 486M | -260M | -757M | -175M | -1.07B | 92M | -307M | -1.03B | -248M |
Change in Receivables | -487M | -244M | 993M | -1.18B | 121M | -546M | 1.21B | -568M | 79M | -425M |
Change in Inventory | -204M | -598M | -339M | 200M | -546M | -22M | -60M | 356M | -409M | -44M |
Change in Payables | 261M | 38M | -516M | 267M | 2M | -207M | -487M | 265M | 268M | 255M |
Cash from Investing | -636M | -1.66B | -1.27B | 278M | -765M | -1.19B | -762M | -27M | 150M | -388M |
Capital Expenditures | -578M | -835M | -876M | -647M | -1.15B | -1.12B | -821M | -487M | -412M | -381M |
CapEx % of Revenue | 3.03% | 4.04% | 5.29% | 3.87% | 6.77% | 5.97% | 13.13% | 7.71% | 4.33% | 3.24% |
Acquisitions | -20M | -100M | 0 | -22M | 0 | 32M | 0 | 0 | 401M | 0 |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | -236M | -716M | -479M | 931M | 374M | -76M | 28M | 460M | 161M | -7M |
Cash from Financing | -4.59B | -3.9B | -1.83B | -1.51B | -817M | -1.72B | 875M | 187M | -1.61B | -4.33B |
Debt Issued (Net) | -4.28B | -2.73B | -681M | -982M | -886M | -1.73B | -19M | 391M | 56M | -1.9B |
Equity Issued (Net) | 296M | -371M | -560M | 69M | 78M | 32M | 974M | 80M | -72M | -2.06B |
Dividends Paid | -574M | -593M | -584M | -595M | 0 | 0 | 0 | 0 | -44M | -174M |
Share Repurchases | 0 | -591M | -563M | 0 | 0 | 0 | 0 | 0 | -149M | -2.07B |
Other Financing | -36M | -202M | -4M | 0 | -9M | -23M | -80M | -284M | -1.55B | -190M |
Net Change in Cash | -1.8B▲ 0% | -1.35B▲ 24.9% | -1.55B▼ 14.9% | -407M▲ 73.7% | 322M▲ 179.1% | -1.04B▼ 423.9% | -304M▲ 70.9% | -472M▼ 55.3% | 563M▲ 219.3% | -1.43B▲ 0% |
Free Cash Flow | 2.88B▲ 0% | 3.4B▲ 17.9% | 790M▼ 76.7% | 177M▼ 77.6% | 895M▲ 405.6% | 773M▼ 13.6% | -1.22B▼ 257.2% | -781M▲ 35.7% | 1.28B▲ 264.4% | 2.9B▲ 0% |
FCF Margin % | 15.08% | 16.45% | 4.77% | 1.06% | 5.29% | 4.11% | -19.42% | -12.36% | 13.49% | 24.67% |
FCF Growth % | 105.86% | 17.92% | -76.74% | -77.59% | 405.65% | -13.63% | -257.18% | 35.72% | 264.4% | 240.16% |
FCF per Share | 9.73 | 11.06 | 2.71 | 0.59 | 2.90 | 2.45 | -3.82 | -2.40 | 3.58 | 7.73 |
FCF Conversion (FCF/Net Income) | 8.66x | 6.23x | -2.05x | -3.30x | 2.31x | 1.22x | 0.24x | 0.37x | 0.91x | 0.45x |
Interest Paid | 777M | 708M | 431M | 372M | 283M | 245M | 294M | 396M | 367M | 176M |
Taxes Paid | 184M | 220M | 377M | 341M | 348M | 423M | 177M | 920M | 789M | -316M |
WDC Key Ratios
Western Digital Corporation (WDC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 3.52% | 5.88% | -7.01% | -2.56% | 8.1% | 13.48% | -14.53% | -7.33% | 23.08% | 91.94% |
Return on Invested Capital (ROIC) | 7.67% | 15.11% | 0.38% | 1.52% | 5.69% | 10.68% | -2.35% | -1.75% | 13.8% | 29.88% |
Gross Margin | 31.8% | 37.32% | 22.64% | 22.59% | 26.72% | 31.26% | 22.24% | 28.07% | 38.78% | 45.43% |
Net Margin | 2.08% | 3.27% | -4.55% | -1.49% | 4.85% | 8.23% | -26.92% | -12.63% | 19.55% | 55.07% |
Debt / Equity | 1.15x | 0.97x | 1.06x | 1.00x | 0.81x | 0.62x | 0.77x | 0.72x | 0.96x | 0.16x |
Interest Coverage | 1.91x | 4.08x | 0.39x | 0.89x | 3.84x | 8.14x | -1.74x | -0.79x | 4.17x | 26.57x |
FCF Conversion | 8.66x | 6.23x | -2.05x | -3.30x | 2.31x | 1.22x | 0.24x | 0.37x | 0.91x | 0.45x |
Revenue Growth | 46.94% | 8.14% | -19.75% | 1.01% | 1.11% | 11.06% | -66.72% | 0.99% | 50.7% | 9.1% |
Related:WDC Dividend History·WDC Revenue History·WDC Price History·WDC P/E History·WDC Financial Ratios·WDC Institutional Holders
WDC SEC Filings & Documents
Western Digital Corporation (WDC) SEC filings — annual & quarterly reports (10-K, 10-Q)
WDC Frequently Asked Questions
Western Digital Corporation (WDC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Western Digital Corporation (WDC) reported $11.78B in revenue for fiscal year 2025. This represents a 311% increase from $2.87B in 1996.
Western Digital Corporation (WDC) grew revenue by 50.7% over the past year. This is strong growth.
Yes, Western Digital Corporation (WDC) is profitable, generating $6.49B in net income for fiscal year 2025 (19.5% net margin).
Dividend & Returns
Western Digital Corporation (WDC) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.
Western Digital Corporation (WDC) has a return on equity (ROE) of 23.1%. This is excellent, indicating efficient use of shareholder capital.
Western Digital Corporation (WDC) generated $2.90B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.