western digital corp. - WDC
WDC
Close Chg Chg %
63.84 2.04 3.20%
Closed Market
65.88
+2.04 (3.20%)
Volume: 4.04M
Last Updated:
Nov 21, 2024, 4:00 PM EDT
Company Overview: western digital corp. - WDC
WDC Key Data
| Open $64.47 | Day Range 63.91 - 66.51 |
| 52 Week Range 46.07 - 81.55 | Market Cap $22.07B |
| Shares Outstanding 345.71M | Public Float 344.17M |
| Beta 1.39 | Rev. Per Employee N/A |
| P/E Ratio 38.97 | EPS $1.74 |
| Yield 0.00% | Dividend $0.50 |
| EX-DIVIDEND DATE Apr 2, 2020 | SHORT INTEREST N/A |
| AVERAGE VOLUME 5.40M |
WDC Performance
| 1 Week | 4.90% | ||
| 1 Month | -5.14% | ||
| 3 Months | 2.38% | ||
| 1 Year | 41.37% | ||
| 5 Years | 35.95% |
WDC Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
26
Full Ratings ➔
About western digital corp. - WDC
Western Digital Corp. engages in the development, manufacture, marketing, and sale of data storage devices and solutions. It operates through the Flash and Hard Disk Drive segments. The Flash segment represents flash-based data storage devices. The Hard Disk Drive segment provides hard disk storage solutions. The company was founded by Alvin B. Phillips in 1970 and is headquartered in San Jose, CA.
WDC At a Glance
Western Digital Corp.
5601 Great Oaks Parkway
San Jose, California 95119
| Phone | 1-408-717-6000 | Revenue | 13.00B | |
| Industry | Computer Peripherals | Net Income | -798,000,000.00 | |
| Sector | Electronic Technology | 2024 Sales Growth | 5.561% | |
| Fiscal Year-end | 06 / 2025 | Employees | 51,000 | |
| View SEC Filings |
WDC Valuation
| P/E Current | 38.97 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | N/A |
| Price to Sales Ratio | 1.90 |
| Price to Book Ratio | 2.402 |
| Price to Cash Flow Ratio | N/A |
| Enterprise Value to EBITDA | 30.17 |
| Enterprise Value to Sales | 2.371 |
| Total Debt to Enterprise Value | 0.26 |
WDC Efficiency
| Revenue/Employee | 254,960.784 |
| Income Per Employee | -15,647.059 |
| Receivables Turnover | 6.003 |
| Total Asset Turnover | 0.535 |
WDC Liquidity
| Current Ratio | 1.324 |
| Quick Ratio | 0.775 |
| Cash Ratio | 0.309 |
WDC Profitability
| Gross Margin | 24.525 |
| Operating Margin | 3.492 |
| Pretax Margin | -5.083 |
| Net Margin | -6.137 |
| Return on Assets | -3.283 |
| Return on Equity | -7.367 |
| Return on Total Capital | -4.238 |
| Return on Invested Capital | -4.578 |
WDC Capital Structure
| Total Debt to Total Equity | 74.062 |
| Total Debt to Total Capital | 42.549 |
| Total Debt to Total Assets | 33.124 |
| Long-Term Debt to Equity | 57.497 |
| Long-Term Debt to Total Capital | 33.032 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Western Digital Corp. - WDC
Collapse All in section
| All values USD millions. | 2021 | 2022 | 2023 | 2024 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 16.92B | 18.79B | 12.32B | 13.00B | |
Sales Growth
| +1.11% | +11.06% | -34.45% | +5.56% | |
Cost of Goods Sold (COGS) incl D&A
| 12.32B | 12.62B | 10.07B | 9.81B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 1.21B | 929.00M | 828.00M | 568.00M | |
Depreciation
| 726.00M | 708.00M | 695.00M | 565.00M | |
Amortization of Intangibles
| 486.00M | 221.00M | 133.00M | 3.00M | |
COGS Growth
| -3.55% | +2.43% | -20.23% | -2.54% | |
Gross Income
| 4.60B | 6.17B | 2.25B | 3.19B | |
Gross Income Growth
| +16.14% | +34.17% | -63.56% | +41.86% | |
Gross Profit Margin
| +27.17% | +32.83% | +18.25% | +24.53% |
| 2021 | 2022 | 2023 | 2024 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 3.35B | 3.44B | 2.98B | 2.73B | |
Research & Development
| 2.24B | 2.32B | 2.01B | 1.91B | |
Other SG&A
| 1.10B | 1.12B | 970.00M | 828.00M | |
SGA Growth
| -1.93% | +2.75% | -13.40% | -8.19% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| 5.00M | 291.00M | 193.00M | 527.00M | |
EBIT after Unusual Expense
| 1.25B | 2.44B | (924.00M) | (73.00M) | |
Non Operating Income/Expense
| (42.00M) | (136.00M) | (314.00M) | (171.00M) | |
Non-Operating Interest Income
| 7.00M | 6.00M | 24.00M | 39.00M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 276.00M | 179.00M | 322.00M | 417.00M | |
Interest Expense Growth
| -33.17% | -35.14% | +79.89% | +29.50% | |
Gross Interest Expense
| 276.00M | 179.00M | 322.00M | 417.00M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 927.00M | 2.12B | (1.56B) | (661.00M) | |
Pretax Income Growth
| +2,115.22% | +129.02% | -173.48% | +57.63% | |
Pretax Margin
| +5.48% | +11.30% | -12.66% | -5.08% | |
Income Tax
| 106.00M | 623.00M | 146.00M | 137.00M | |
Income Tax - Current - Domestic
| 153.00M | 366.00M | 27.00M | 38.00M | |
Income Tax - Current - Foreign
| 195.00M | 143.00M | 153.00M | 260.00M | |
Income Tax - Deferred - Domestic
| (222.00M) | 87.00M | (42.00M) | (174.00M) | |
Income Tax - Deferred - Foreign
| (20.00M) | 27.00M | 8.00M | 13.00M | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 821.00M | 1.50B | (1.71B) | (798.00M) | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 821.00M | 1.50B | (1.71B) | (798.00M) | |
Net Income Growth
| +428.40% | +82.70% | -213.73% | +53.22% | |
Net Margin Growth
| +4.85% | +7.98% | -13.85% | -6.14% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 821.00M | 1.50B | (1.71B) | (798.00M) | |
Preferred Dividends
| - | - | 24.00M | 54.00M | - |
Net Income Available to Common
| 821.00M | 1.50B | (1.73B) | (852.00M) | |
EPS (Basic)
| 2.6918 | 4.8077 | -5.4402 | -2.6135 | |
EPS (Basic) Growth
| +420.87% | +78.61% | -213.16% | +51.96% | |
Basic Shares Outstanding
| 305.00M | 312.00M | 318.00M | 326.00M | |
EPS (Diluted)
| 2.657 | 4.7468 | -5.4402 | -2.6135 | |
EPS (Diluted) Growth
| +416.72% | +78.65% | -214.61% | +51.96% | |
Diluted Shares Outstanding
| 309.00M | 316.00M | 318.00M | 326.00M | |
EBITDA
| 2.46B | 3.66B | 97.00M | 1.02B | |
EBITDA Growth
| +16.63% | +48.58% | -97.35% | +953.61% | |
EBITDA Margin
| +14.55% | +19.46% | +0.79% | +7.86% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 91.45 | |
| Number of Ratings | 26 | Current Quarters Estimate | 1.914 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 7.506 | |
| Last Quarter’s Earnings | 1.78 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | -0.20 | Next Fiscal Year Estimate | 9.236 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 23 | 23 | 25 | 22 |
| Mean Estimate | 1.91 | 1.79 | 7.51 | 9.24 |
| High Estimates | 2.03 | 2.22 | 8.40 | 13.94 |
| Low Estimate | 1.82 | 1.41 | 6.65 | 7.15 |
| Coefficient of Variance | 2.33 | 9.58 | 5.20 | 15.52 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 16 | 17 | 17 |
| OVERWEIGHT | 4 | 4 | 4 |
| HOLD | 6 | 6 | 6 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Western Digital Corp. - WDC
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Western Digital Corp. - WDC
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Aug 23, 2024 | Gene M. Zamiska SVP & Princ. Acctg Officer | 29,287 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $64.42 per share | 1,886,668.54 |
| Aug 23, 2024 | Gene M. Zamiska SVP & Princ. Acctg Officer | 28,870 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $64.89 per share | 1,873,374.30 |
| Aug 23, 2024 | Gene M. Zamiska SVP & Princ. Acctg Officer | 38,834 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Aug 23, 2024 | Gene M. Zamiska SVP & Princ. Acctg Officer | 41,880 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Aug 23, 2024 | Robert W. Soderbery EVP & GM, Flash Business | 127,260 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $64.42 per share | 8,198,089.20 |
| Aug 23, 2024 | Robert W. Soderbery EVP & GM, Flash Business | 160,658 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Aug 23, 2024 | Robert W. Soderbery EVP & GM, Flash Business | 195,257 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Aug 23, 2024 | David V. Goeckeler Chief Executive Officer; Director | 825,836 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $64.42 per share | 53,200,355.12 |
| Aug 23, 2024 | David V. Goeckeler Chief Executive Officer; Director | 925,789 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Aug 23, 2024 | David V. Goeckeler Chief Executive Officer; Director | 1,095,142 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Aug 23, 2024 | Wissam Georges Jabre EVP & CFO | 185,443 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $64.42 per share | 11,946,238.06 |
| Aug 23, 2024 | Wissam Georges Jabre EVP & CFO | 218,889 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 6, 2024 | Kimberly E. Alexy Director | 24,657 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $61 per share | 1,504,077.00 |
| Mar 6, 2024 | Kimberly E. Alexy Director | 23,157 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $64.5 per share | 1,493,626.50 |
| Nov 29, 2023 | Michael Charles Ray EVP, Chief Legal Officer & Sec | 178,008 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $47.21 per share | 8,403,757.68 |