Western Digital Corp (WDC)

Western Digital Corporation engages in the development, manufacture, and sale of data storage devices and solutions based on hard disk drive (HDD) technology in the United States, Asia, Europe, the Middle East, and Africa. The company offers internal HDDs, data center drives, data center platforms, external drives, portable drives, NAS for home and office, and accessories. It sells its data storage devices and solutions through its computer sales personnel, dealers, distributors, retailers, and subsidiaries. The company has a collaboration with Open Quantum Design for the development of quantum error correction technology and related systems to advance reliable quantum computing. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.

Symbol: WDC
Exchange: Nasdaq
Sector: Technology
Industry: Computer Hardware
Market cap: $149.92B
52 week range: 112.52 - 799.87

Valuation

Share price: $415.29 (close of 2026-10-02)
P/E (TTM): 15.43x
Price to book: 16.91x
Price to free cash flow: 42.70x
Enterprise value: $149.39B
Book value per share: $24.55

Price performance

Period	Change
1 day	-10.22%
5 days	-9.09%
1 month	-7.49%
3 months	-22.95%
6 months	+40.79%
Year to date	+141.07%
1 year	+216.39%
3 years	+1108.29%
5 years	+862.43%
10 years	+839.57%
All time	+48757.65%

Members of Congress who disclosed WDC trades

Jefferson Shreve · Robert Bresnahan · Alan Armstrong · Gilbert Ray Cisneros

Super investors holding WDC

Ken Griffin (Citadel) · Ray Dalio (Bridgewater Associates) · Lee Ainslie (Maverick Capital LTD)

Profitability and growth

Return on equity: 106.32%
Return on invested capital: 47.64%
Return on assets: 67.99%
Return on capital employed: 46.28%
Gross margin: 48.85%
Net margin: 72.95%
EBITDA margin: 37.37%
Revenue growth: 35.70%
Net income growth: 398.89%
Free cash flow growth: 174.51%

Cash flow and balance sheet

Free cash flow yield (TTM): 2.34%
Current ratio: 1.33x
Net debt to EBITDA: -0.05x

Latest reported year

Period end: 2026-07-03
Fiscal year: 2026
Revenue: $12.92B
Cost of revenue: $6.61B
Gross profit: $6.31B
EBITDA: $4.83B
Net income: $9.42B
Earnings per share: $26.92
Shares outstanding: 345.00M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2026-07-03	$12.92B	$6.31B	$9.42B	$26.92
2025-06-27	$9.52B	$3.69B	$1.89B	$5.31
2024-06-28	$6.32B	$1.77B	-$798.00M	$-2.61
2023-06-30	$6.25B	$1.39B	-$1.68B	$-5.37
2022-07-01	$18.79B	$5.87B	$1.55B	$4.96
2021-07-02	$16.92B	$4.52B	$821.00M	$2.69
2020-07-03	$16.74B	$3.78B	-$250.00M	$-0.84
2019-06-28	$16.57B	$3.75B	-$754.00M	$-2.58
2018-06-29	$20.65B	$7.71B	$675.00M	$2.27
2017-06-30	$19.09B	$6.07B	$397.00M	$1.38

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2026-07-03	48.85%	72.95%	106.32%	47.64%
2025-06-27	38.78%	19.84%	35.57%	29.51%
2024-06-28	28.07%	-12.63%	-7.38%	-2.41%
2023-06-30	22.24%	-26.92%	-15.36%	-3.42%
2022-07-01	31.26%	8.23%	12.55%	10.19%
2021-07-02	26.72%	4.85%	7.60%	6.80%
2020-07-03	22.59%	-1.49%	-2.62%	1.03%
2019-06-28	22.64%	-4.55%	-7.56%	0.26%
2018-06-29	37.32%	3.27%	5.85%	12.49%
2017-06-30	31.80%	2.08%	3.48%	8.70%

Cash and debt by year

Period end	Cash	Debt
2026-07-03	$1.58B	-
2025-06-27	$2.11B	$2.48B
2024-06-28	$1.55B	$5.68B
2023-06-30	$2.02B	$5.86B
2022-07-01	$2.33B	$7.02B
2021-07-02	$3.37B	$8.47B
2020-07-03	$3.05B	$9.29B
2019-06-28	$3.46B	$10.25B
2018-06-29	$5.03B	$10.99B
2017-06-30	$6.38B	$12.92B

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2026-07-03	$3.51B	$204.00M
2025-06-27	$1.28B	$265.00M
2024-06-28	-$781.00M	$295.00M
2023-06-30	-$1.23B	$318.00M
2022-07-01	$758.00M	$326.00M
2021-07-02	$752.00M	$318.00M
2020-07-03	$177.00M	$308.00M
2019-06-28	$671.00M	$306.00M
2018-06-29	$3.37B	$377.00M
2017-06-30	$2.86B	$394.00M

Dividend history

Most recent payment: 2026-09-08
Paid in the last twelve months: $0.55

Payment date	Dividend per share
2026-09-08	$0.15
2026-06-05	$0.15
2026-03-05	$0.13
2025-12-04	$0.13
2025-09-04	$0.10
2025-06-04	$0.10
2020-04-02	$0.50
2020-01-02	$0.50

Investor relations

Next earnings report

Next confirmed report: 2026-10-29
Consensus EPS estimate: $3.97

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-08-05	Jun/2026	$3.24
2026-04-30	Mar/2026	$2.28
2026-01-29	Dec/2025	$1.83
2025-10-30	Sep/2025	$1.47
2025-07-30	Jun/2025	$1.35
2025-04-30	Mar/2025	$1.07
2025-01-29	Dec/2024	$1.56
2024-10-24	Sep/2024	$1.55

Filings and sources

Company website: westerndigital.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

Similar companies

HP Inc (HPQ) · Seagate Technology Holdings plc (STX) · Super Micro Computer, Inc. (SMCI) · Sandisk Corp (SNDK) · Arista Networks, Inc. (ANET) · Dell Technologies Inc. (DELL) · Apple Inc. (AAPL) · Sony Group Corp (SONY)

All Technology companies

Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

Explore

Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades