Western Digital
WDC
405.42
-5.62
-1.37%
Western Digital
US · WDC
#130 by market cap
Listed 2012
405.42
-5.62
-1.37%
Live - 5344 symbols - heartbeat 3s ago
· 2026-10-08 08:30
Pre-market
400.49
-1.22%
After-hours
406.91
+0.37%
Overnight
400.50
-1.21%
- Market cap
- 151.76B
- P/E (TTM)i
- 16.70
- P/Bi
- 17.12
- EPSi
- 24.28
- Div yieldi
- 0.12%
- 52W posi
- 43%
Reader sentiment
Are you bullish or bearish on WDC?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 21.38, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +35.70% YoY
Margins
- Gross margin
- 48.85%
- Operating margin
- 35.60%
- Net margin
- 71.88%
Key ratios & quality
- Altman Z-Scorei
- 21.38
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.57B | 16.74B | 16.92B | 18.79B | 6.26B | 6.32B | 9.52B | 12.92B |
| Gross profit | 3.75B | 3.78B | 4.52B | 5.87B | 1.39B | 1.77B | 3.69B | 6.31B |
| Selling & admin expenses | 1.32B | 1.15B | 1.11B | 1.12B | 807.00M | 726.00M | 568.00M | 551.00M |
| Research & development | 2.18B | 2.26B | 2.24B | 2.32B | 986.00M | 950.00M | 994.00M | 1.16B |
| Operating profit | 253.00M | 367.00M | 1.17B | 2.43B | -402.00M | 97.00M | 2.13B | 4.60B |
| Pretax profit | -287.00M | -46.00M | 927.00M | 2.17B | -849.00M | -739.00M | 1.13B | 9.91B |
| Tax | 467.00M | 204.00M | 106.00M | 625.00M | 53.00M | 26.00M | -513.00M | 481.00M |
| Net profit | -754.00M | -250.00M | 821.00M | 1.55B | -1.68B | -798.00M | 1.89B | 9.42B |
| Basic EPS | -3 | -1 | 3 | 5 | -5 | -3 | 5 | 27 |
| Diluted EPS | -2.58 | -0.84 | 2.66 | 4.89 | -5.37 | -2.61 | 5.12 | 26.92 |
| Line item | 2025-03 | 2025-06 | 2025-10 | 2026-01 | 2026-04 | 2026-07 |
|---|---|---|---|---|---|---|
| Revenue | 2.29B | 2.61B | 2.82B | 3.02B | 3.34B | 3.75B |
| Gross profit | 912.00M | 1.07B | 1.23B | 1.38B | 1.68B | 2.03B |
| Selling & admin expenses | 108.00M | 124.00M | 138.00M | 128.00M | 147.00M | 138.00M |
| Research & development | 245.00M | 262.00M | 294.00M | 289.00M | 294.00M | 284.00M |
| Operating profit | 559.00M | 681.00M | 795.00M | 963.00M | 1.24B | 1.61B |
| Pretax profit | 74.00M | 347.00M | 1.34B | 1.96B | 3.36B | 3.25B |
| Tax | -698.00M | 95.00M | 155.00M | 120.00M | 154.00M | 52.00M |
| Net profit | 524.00M | 285.00M | 1.18B | 1.84B | 3.21B | 3.20B |
| Basic EPS | 1 | 1 | 3 | 5 | 9 | 17 |
| Diluted EPS | 1.42 | 0.75 | 3.07 | 4.73 | 8.20 | 8.21 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 8.48B | 9.05B | 9.76B | 9.45B | 7.89B | 8.06B | 5.86B | 5.63B |
| Cash & ST investments | 3.46B | 3.05B | 3.37B | 2.33B | 2.02B | 1.55B | 2.47B | 1.58B |
| Inventory | 3.28B | 3.07B | 3.62B | 3.64B | 3.70B | 1.39B | 1.29B | 1.51B |
| Total assets | 26.37B | 25.66B | 26.13B | 26.26B | 24.55B | 24.19B | 14.00B | 13.86B |
| Total current liabilities | 3.82B | 4.41B | 4.87B | 5.24B | 5.43B | 6.09B | 5.42B | 4.24B |
| Short-term debt | 276.00M | 286.00M | 251.00M | -- | 1.21B | 1.75B | 2.23B | 1.05B |
| Long-term debt | 10.25B | 9.29B | 8.47B | 7.02B | 5.86B | 5.68B | 2.49B | -- |
| Total liabilities | 16,403,000,000.00 | 16,111,000,000.00 | 15,411,000,000.00 | 14,038,000,000.00 | 12,706,000,000.00 | 13,141,000,000.00 | 8,462,000,000.00 | 4,997,000,000.00 |
| Total equity | 9.97B | 9.55B | 10.72B | 12.22B | 11.84B | 11.05B | 5.54B | 8.86B |
| Retained earnings | 7.45B | 6.73B | 7.54B | 9.04B | 7.57B | 6.78B | 762.00M | 10.00B |
| Line item | 2025-03 | 2025-06 | 2025-10 | 2026-01 | 2026-04 | 2026-07 |
|---|---|---|---|---|---|---|
| Total current assets | 8.09B | 5.86B | 6.28B | 7.53B | 6.91B | 5.63B |
| Cash & ST investments | 4.89B | 2.47B | 3.01B | 4.04B | 3.24B | 1.58B |
| Inventory | 1.31B | 1.29B | 1.39B | 1.35B | 1.36B | 1.51B |
| Total assets | 16.37B | 14.00B | 14.36B | 15.61B | 15.05B | 13.86B |
| Total current liabilities | 5.18B | 5.42B | 5.17B | 5.18B | 4.64B | 4.24B |
| Short-term debt | 2.43B | 2.23B | 2.23B | 2.23B | 1.58B | 1.05B |
| Long-term debt | 4.91B | 2.49B | 2.46B | 2.43B | -- | -- |
| Total liabilities | 10,962,000,000.00 | 8,462,000,000.00 | 8,242,000,000.00 | 8,271,000,000.00 | 5,365,000,000.00 | 4,997,000,000.00 |
| Total equity | 5.41B | 5.54B | 6.12B | 7.34B | 9.68B | 8.86B |
| Retained earnings | 521.00M | 762.00M | 1.90B | 3.70B | 6.86B | 10.00B |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1.55B | 824.00M | 1.90B | 1.88B | -408.00M | -294.00M | 1.69B | 3.93B |
| Depreciation & amortization | 1.81B | 1.57B | 1.21B | 929.00M | 828.00M | 568.00M | 451.00M | 375.00M |
| Free cash flow | 671.00M | 177.00M | 752.00M | 758.00M | -1.23B | -781.00M | 1.28B | 3.51B |
| Dividends paid | -584.00M | -595.00M | -- | -- | 0 | 0 | -44.00M | -184.00M |
| Stock buybacks / issuance | -563.00M | -- | -- | -- | 0 | 0 | -149.00M | -2.59B |
| Ending cash balance | 3.46B | 3.05B | 3.37B | 2.33B | 2.02B | 1.88B | 2.11B | 1.58B |
| Line item | 2025-03 | 2025-06 | 2025-10 | 2026-01 | 2026-04 | 2026-07 |
|---|---|---|---|---|---|---|
| Operating cash flow | 508.00M | 746.00M | 672.00M | 745.00M | 1.12B | 1.39B |
| Depreciation & amortization | 110.00M | 86.00M | 88.00M | 92.00M | 96.00M | 99.00M |
| Free cash flow | 379.00M | 675.00M | 599.00M | 653.00M | 978.00M | 1.28B |
| Dividends paid | 0 | -44.00M | -39.00M | -48.00M | -43.00M | -54.00M |
| Stock buybacks / issuance | 0 | -149.00M | -553.00M | -615.00M | -752.00M | -672.00M |
| Ending cash balance | 3.48B | 2.11B | 2.05B | 1.98B | 2.05B | 1.58B |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -7.01 | -2.56 | 8.10 | 13.08 | -15.00 | -7.87 | 22.82 | 131.02 |
| ROA %i | -2.71 | -0.96 | 3.17 | 5.73 | -6.83 | -3.50 | 9.64 | 66.65 |
| ROIC %i | -2.10 | 0.16 | 5.73 | 8.91 | -7.90 | -3.16 | 14.66 | 107.65 |
| 5-year avg ROE %i | 4.20 | 0.44 | 1.59 | 3.58 | -0.55 | -0.71 | 4.37 | 28.95 |
| EBIT margin %i | 1.10 | 2.19 | 7.40 | 12.91 | -10.13 | -1.88 | 15.62 | 77.95 |
| FCF / sales %i | 4.05 | 1.06 | 4.44 | 4.03 | -- | -- | 13.43 | 27.18 |
| Current ratioi | 2.22 | 2.05 | 2.00 | 1.81 | 1.45 | 1.32 | 1.08 | 1.33 |
| Quick ratioi | 1.22 | 1.23 | 1.16 | 0.98 | 0.67 | 0.46 | 0.73 | 0.85 |
| Debt / assetsi | 39.90 | 37.31 | 33.39 | 26.74 | 28.80 | 30.73 | 33.65 | 7.59 |
| LT debt / equityi | 102.80 | 97.26 | 79.04 | 57.46 | 53.42 | 52.54 | 46.79 | -- |
| Interest coveragei | 0.39 | 0.89 | 3.84 | 7.98 | -4.00 | -0.59 | 4.17 | 61.03 |
| Revenue CAGR (3Y) %i | 8.44 | -4.30 | -6.42 | 4.29 | -27.97 | -28.00 | -20.28 | 27.35 |
| Net income CAGR (3Y) %i | -- | -- | 6.74 | -- | -- | -- | 6.38 | -- |
| FCF CAGR (3Y) %i | -21.72 | -60.44 | -39.35 | 4.15 | -- | -- | 19.05 | -- |
| Line item | 2025-03 | 2025-06 | 2025-10 | 2026-01 | 2026-04 | 2026-07 |
|---|---|---|---|---|---|---|
| ROE %i | 20.87 | 22.82 | 28.65 | 38.69 | 85.87 | 131.02 |
| ROA %i | 7.95 | 9.64 | 12.83 | 18.12 | 40.61 | 66.65 |
| ROIC %i | 12.21 | 14.66 | 18.28 | 24.65 | 69.24 | 107.65 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 6.77 | 15.62 | 25.09 | 37.25 | 61.39 | 77.95 |
| FCF / sales %i | 5.47 | 13.43 | 19.16 | 21.48 | 24.67 | 27.18 |
| Current ratioi | 1.56 | 1.08 | 1.21 | 1.45 | 1.49 | 1.33 |
| Quick ratioi | 1.23 | 0.73 | 0.84 | 1.11 | 1.11 | 0.85 |
| Debt / assetsi | 44.80 | 33.65 | 32.61 | 29.82 | 10.51 | 7.59 |
| LT debt / equityi | 94.78 | 46.79 | 41.73 | 34.16 | -- | -- |
| Interest coveragei | 2.72 | 4.17 | 8.02 | 14.38 | 32.13 | 61.03 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Hard disk drives (HDD)100.00%
Region
United States40.01%
China19.67%
Europe, Middle East and Africa16.36%
Hong Kong11.51%
Rest of Asia8.48%
Other3.97%
Quote time 2026-10-08 08:30:10 · For reference only, not investment advice and not tailored to your situation.