InsiderClue
Stocks · Technology · Computer Storage Devices

Western Digital

WDC Clue Score71
United States Fiscal year ends July CIK 0000106040
$397.28 +1.01% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $397.28 +607.28% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue19.09Operating income1.95Net income0.40EPS, diluted1.34Fiscal year 2018Revenue20.65 +8.1%Operating income3.62Net income0.68 +70.0%EPS, diluted2.20 +64.2%Fiscal year 2019Revenue16.57 −19.8%Operating income0.09Net income−0.75 −211.7%EPS, diluted−2.58 −217.3%Fiscal year 2020Revenue16.74 +1.0%Operating income0.34Net income−0.25EPS, diluted−0.84Fiscal year 2021Revenue16.92 +1.1%Operating income1.22Net income0.82EPS, diluted2.66Fiscal year 2022Revenue18.79 +11.1%Operating income2.39Net income1.55 +88.3%EPS, diluted4.89 +83.8%Fiscal year 2023Revenue6.26 −66.7%Operating income−0.55Net income−1.68 −208.9%EPS, diluted−5.37 −209.8%Fiscal year 2024Revenue6.32 +1.0%Operating income−0.40Net income−0.80EPS, diluted−2.61Fiscal year 2025Revenue9.52 +50.7%Operating income2.33Net income1.89EPS, diluted5.12Fiscal year 2026Revenue12.92 +35.7%Operating income4.45Net income9.42 +398.9%EPS, diluted24.28 +374.2%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 19.09 20.65 16.57 16.74 16.92 18.79 6.26 6.32 9.52 12.92
Growth +8.1% −19.8% +1.0% +1.1% +11.1% −66.7% +1.0% +50.7% +35.7%
Operating income 1.95 3.62 0.09 0.34 1.22 2.39 −0.55 −0.40 2.33 4.45
Net income 0.40 0.68 −0.75 −0.25 0.82 1.55 −1.68 −0.80 1.89 9.42
Growth +70.0% −211.7% +88.3% −208.9% +398.9%
EPS, diluted 1.34 2.20 −2.58 −0.84 2.66 4.89 −5.37 −2.61 5.12 24.28
Growth +64.2% −217.3% +83.8% −209.8% +374.2%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin31.8%Operating margin10.2%Net margin2.1%Free cash flow margin15.0%Fiscal year 2018Gross margin37.3%Operating margin17.5%Net margin3.3%Free cash flow margin16.3%Fiscal year 2019Gross margin22.6%Operating margin0.5%Net margin−4.6%Free cash flow margin4.0%Fiscal year 2020Gross margin22.6%Operating margin2.0%Net margin−1.5%Free cash flow margin1.1%Fiscal year 2021Gross margin26.7%Operating margin7.2%Net margin4.9%Free cash flow margin4.4%Fiscal year 2022Gross margin31.3%Operating margin12.7%Net margin8.2%Free cash flow margin4.0%Fiscal year 2023Gross margin22.2%Operating margin−8.8%Net margin−26.9%Free cash flow margin−19.6%Fiscal year 2024Gross margin28.1%Operating margin−6.4%Net margin−12.6%Free cash flow margin−12.4%Fiscal year 2025Gross margin38.8%Operating margin24.5%Net margin19.8%Free cash flow margin13.4%Fiscal year 2026Gross margin48.9%Operating margin34.5%Net margin72.9%Free cash flow margin27.2%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 31.8% 37.3% 22.6% 22.6% 26.7% 31.3% 22.2% 28.1% 38.8% 48.9%
Operating margin 10.2% 17.5% 0.5% 2.0% 7.2% 12.7% −8.8% −6.4% 24.5% 34.5%
Net margin 2.1% 3.3% −4.6% −1.5% 4.9% 8.2% −26.9% −12.6% 19.8% 72.9%
Free cash flow margin 15.0% 16.3% 4.0% 1.1% 4.4% 4.0% −19.6% −12.4% 13.4% 27.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow3.44Capital expenditure−0.58Free cash flow2.86Buybacks0.00Dividends paid−0.57Fiscal year 2018Operating cash flow4.21Capital expenditure−0.84Free cash flow3.37 +17.9%Buybacks−0.59Dividends paid−0.59Fiscal year 2019Operating cash flow1.55Capital expenditure−0.88Free cash flow0.67 −80.1%Buybacks−0.56Dividends paid−0.15Fiscal year 2020Operating cash flow0.82Capital expenditure−0.65Free cash flow0.18 −73.6%Buybacks0.00Dividends paid−0.60Fiscal year 2021Operating cash flow1.90Capital expenditure−1.15Free cash flow0.75 +324.9%Buybacks0.00Dividends paid0.00Fiscal year 2022Operating cash flow1.88Capital expenditure−1.12Free cash flow0.76 +0.8%Dividends paid0.00Fiscal year 2023Operating cash flow−0.41Capital expenditure−0.82Free cash flow−1.23 −262.1%Buybacks0.00Dividends paid0.00Fiscal year 2024Operating cash flow−0.29Capital expenditure−0.49Free cash flow−0.78Buybacks0.00Dividends paid0.00Fiscal year 2025Operating cash flow1.69Capital expenditure−0.41Free cash flow1.28Buybacks−0.15Dividends paid−0.04Fiscal year 2026Operating cash flow3.93Capital expenditure−0.42Free cash flow3.51 +174.5%Buybacks−2.59Dividends paid−0.17
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 3.44 4.21 1.55 0.82 1.90 1.88 −0.41 −0.29 1.69 3.93
Capital expenditure −0.58 −0.84 −0.88 −0.65 −1.15 −1.12 −0.82 −0.49 −0.41 −0.42
Free cash flow 2.86 3.37 0.67 0.18 0.75 0.76 −1.23 −0.78 1.28 3.51
Growth +17.9% −80.1% −73.6% +324.9% +0.8% −262.1% +174.5%
Buybacks 0.00 −0.59 −0.56 0.00 0.00 n/a 0.00 0.00 −0.15 −2.59
Dividends paid −0.57 −0.59 −0.15 −0.60 0.00 0.00 0.00 0.00 −0.04 −0.17

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash6.35Total debt13.15Net cash (debt)−6.80Shareholders’ equity11.42Debt to equity1.15Fiscal year 2018Cash5.01Total debt11.17Net cash (debt)−6.17Shareholders’ equity11.53Debt to equity0.97Fiscal year 2019Cash3.46Total debt10.52Net cash (debt)−7.07Shareholders’ equity9.97Debt to equity1.06Fiscal year 2020Cash3.05Total debt9.58Net cash (debt)−6.53Shareholders’ equity9.55Debt to equity1.00Fiscal year 2021Cash3.37Total debt8.73Net cash (debt)−5.36Shareholders’ equity10.80Debt to equity0.81Fiscal year 2022Cash2.33Total debt7.02Net cash (debt)−4.70Shareholders’ equity12.32Debt to equity0.57Fiscal year 2023Cash2.02Total debt7.07Net cash (debt)−5.05Shareholders’ equity10.96Debt to equity0.64Fiscal year 2024Cash1.55Total debt7.43Net cash (debt)−5.88Shareholders’ equity10.82Debt to equity0.69Fiscal year 2025Cash2.11Total debt4.71Net cash (debt)−2.60Shareholders’ equity5.31Debt to equity0.89Fiscal year 2026Cash1.58Total debt1.05Net cash (debt)0.53Shareholders’ equity8.86Debt to equity0.12
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 6.35 5.01 3.46 3.05 3.37 2.33 2.02 1.55 2.11 1.58
Total debt 13.15 11.17 10.52 9.58 8.73 7.02 7.07 7.43 4.71 1.05
Net cash (debt) −6.80 −6.17 −7.07 −6.53 −5.36 −4.70 −5.05 −5.88 −2.60 0.53
Shareholders’ equity 11.42 11.53 9.97 9.55 10.80 12.32 10.96 10.82 5.31 8.86
Debt to equity 1.15 0.97 1.06 1.00 0.81 0.57 0.64 0.69 0.89 0.12

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending July, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 30 Jun 2017 FY2018 29 Jun 2018 FY2019 28 Jun 2019 FY2020 3 Jul 2020 FY2021 2 Jul 2021 FY2022 1 Jul 2022 FY2023 30 Jun 2023 FY2024 28 Jun 2024 FY2025 27 Jun 2025 FY2026 3 Jul 2026
Margins
31.8% 37.3% 22.6% 22.6% 26.7% 31.3% 22.2% 28.1% 38.8% 48.9%
10.2% 17.5% 0.5% 2.0% 7.2% 12.7% −8.8% −6.4% 24.5% 34.5%
4.0% 10.1% −1.7% −0.3% 5.5% 11.6% −13.6% −11.7% 11.9% 76.7%
2.1% 3.3% −4.6% −1.5% 4.9% 8.2% −26.9% −12.6% 19.8% 72.9%
15.0% 16.3% 4.0% 1.1% 4.4% 4.0% −19.6% −12.4% 13.4% 27.2%
Spending
7.6% 7.1% 7.9% 6.9% 6.5% 5.9% 12.9% 11.5% 6.0% 4.3%
3.0% 4.0% 5.3% 3.9% 6.8% 6.0% 13.1% 7.7% 4.3% 3.2%
48.4% 67.6% n/a n/a 11.4% 28.8% n/a n/a −45.4% 4.9%
Returns
3.5% 5.9% −7.6% −2.6% 7.6% 12.5% −15.4% −7.4% 35.6% 106.3%
1.3% 2.3% −2.9% −1.0% 3.1% 5.9% −6.9% −3.3% 13.5% 68.0%
Balance and payout
1.15 0.97 1.06 1.00 0.81 0.57 0.64 0.69 0.89 0.12
61.8% 60.6% 62.2% 62.8% 59.0% 53.5% 51.8% 54.3% 60.4% 36.1%
144.6% 87.9% n/a n/a 0.0% 0.0% n/a n/a 2.3% 1.8%
20.1% 35.1% 105.8% 336.2% 0.0% 0.0% n/a n/a 15.1% 78.8%