Western Digital Corporation (WDC)
Stock Price: $45.26 USD
-0.58 (-1.27%)
Updated November 25, 4:00 PM EST - Market closed
After-hours: $45.40 +0.14 (0.31%) Nov 25, 7:14 PM
Income Statement (Annual)
Numbers in millions USD. Fiscal year is August-July.
| Year | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16,736 | 16,569 | 20,647 | 19,093 | 12,994 | 14,572 | 15,130 | 15,351 | 12,478 | 9,526 | 9,850 | 7,453 | 8,074 | 5,468 | 4,341 | 3,639 | 3,047 | 2,719 | 2,151 | 1,953 | 1,957 | 2,767 | 3,542 | 4,178 | 2,865 | |
| Revenue Growth | 1.01% | -19.75% | 8.14% | 46.94% | -10.83% | -3.69% | -1.44% | 23.02% | 30.99% | -3.29% | 32.16% | -7.69% | 47.66% | 25.96% | 19.29% | 19.44% | 12.07% | 26.37% | 10.13% | -0.19% | -29.27% | -21.86% | -15.23% | 45.81% | - | |
| Cost of Revenue | 12,955 | 12,817 | 12,942 | 13,021 | 9,559 | 10,351 | 10,770 | 10,988 | 8,840 | 7,735 | 7,449 | 6,116 | 6,335 | 4,568 | 3,512 | 3,049 | 2,585 | 2,276 | 1,870 | 1,746 | 1,948 | 2,770 | 3,441 | 3,528 | 2,483 | |
| Gross Profit | 3,781 | 3,752 | 7,705 | 6,072 | 3,435 | 4,221 | 4,360 | 4,363 | 3,638 | 1,791 | 2,401 | 1,337 | 1,739 | 900 | 829 | 590 | 461 | 443 | 282 | 208 | 9.61 | -2.85 | 100 | 650 | 382 | |
| Selling, General & Admin | 1,153 | 1,317 | 1,473 | 1,445 | 997 | 788 | 813 | 706 | 518 | 282 | 265 | 201 | 220 | 179 | 166 | 155 | 106 | 121 | 111 | 116 | 127 | 194 | 192 | 199 | 154 | |
| Research & Development | 2,261 | 2,182 | 2,400 | 2,441 | 1,627 | 1,646 | 1,661 | 1,572 | 1,055 | 703 | 611 | 509 | 464 | 306 | 297 | 240 | 202 | 135 | 120 | 113 | 151 | 198 | 204 | 150 | 150 | |
| Other Operating Expenses | 32.00 | 166 | 215 | 232 | 345 | 176 | 95.00 | 819 | 294 | 25.00 | 0.00 | 108 | 49.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 85.84 | 61.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 3,446 | 3,665 | 4,088 | 4,118 | 2,969 | 2,610 | 2,569 | 3,097 | 1,867 | 1,010 | 876 | 818 | 733 | 485 | 463 | 395 | 308 | 256 | 231 | 229 | 363 | 454 | 396 | 349 | 305 | |
| Operating Income | 335 | 87.00 | 3,617 | 1,954 | 466 | 1,611 | 1,791 | 1,266 | 1,771 | 781 | 1,525 | 519 | 1,006 | 415 | 366 | 195 | 154 | 187 | 50.70 | -21.50 | -354 | -457 | -296 | 302 | 77.46 | |
| Interest Expense / Income | 413 | 469 | 676 | 847 | 266 | 49.00 | 56.00 | 55.00 | 26.00 | 10.00 | 9.00 | 27.00 | 52.00 | 4.00 | 4.00 | 3.00 | 2.10 | - | - | - | - | - | - | -13.22 | - | |
| Other Expense / Income | -32.00 | -95.00 | 856 | 338 | 47.00 | -15.00 | -17.00 | -11.00 | -12.00 | -9.00 | -4.00 | -9.00 | -27.00 | -32.00 | -20.00 | -8.00 | -2.40 | -2.90 | -13.60 | 77.40 | -146 | 36.10 | -3.82 | 0.00 | -30.41 | |
| Pretax Income | -46.00 | -287 | 2,085 | 769 | 153 | 1,577 | 1,752 | 1,222 | 1,757 | 780 | 1,520 | 501 | 981 | 443 | 382 | 200 | 154 | 190 | 64.30 | -98.90 | -208 | -493 | -292 | 315 | 108 | |
| Income Tax | 204 | 467 | 1,410 | 372 | -89.00 | 112 | 135 | 242 | 145 | 54.00 | 138 | 31.00 | 114 | -121 | -13.00 | 4.00 | 4.00 | 7.60 | -1.10 | - | -19.50 | - | -1.79 | 47.22 | 10.97 | |
| Net Income | -250 | -754 | 675 | 397 | 242 | 1,465 | 1,617 | 980 | 1,612 | 726 | 1,382 | 470 | 867 | 564 | 395 | 196 | 150 | 182 | 65.40 | -98.90 | -188 | -493 | -290 | 268 | 96.89 | |
| Shares Outstanding (Basic) | 298 | 292 | 297 | 288 | 239 | 232 | 235 | 241 | 241 | 231 | 228 | 222 | 221 | 219 | 215 | 208 | 206 | 196 | 189 | 169 | 123 | 89.48 | 87.53 | 87.26 | 92.56 | |
| Shares Outstanding (Diluted) | 298 | 292 | 307 | 296 | 242 | 237 | 242 | 246 | 245 | 235 | 233 | 226 | 226 | 226 | 224 | 217 | 217 | 206 | 194 | 169 | 123 | 89.48 | 87.53 | 93.52 | 96.25 | |
| Shares Change | 2.05% | -1.68% | 3.13% | 20.5% | 3.02% | -1.28% | -2.49% | 0% | 4.33% | 1.32% | 2.7% | 0.45% | 0.91% | 1.86% | 3.37% | 1.12% | 5.16% | 3.49% | 12.03% | 37.58% | 37.04% | 2.23% | 0.3% | -5.72% | - | |
| EPS (Basic) | -0.84 | -2.58 | 2.27 | 1.38 | 1.01 | 6.31 | 6.88 | 4.07 | 6.69 | 3.14 | 6.06 | 2.12 | 3.92 | 2.57 | 1.84 | 0.94 | 0.73 | 0.93 | 0.35 | -0.59 | -1.53 | -5.51 | -3.32 | 3.07 | 1.05 | |
| EPS (Diluted) | -0.84 | -2.58 | 2.20 | 1.34 | 1.00 | 6.18 | 6.68 | 3.98 | 6.58 | 3.09 | 5.93 | 2.08 | 3.84 | 2.50 | 1.76 | 0.90 | 0.69 | 0.89 | 0.34 | -0.59 | -1.53 | -5.51 | -3.32 | 2.86 | 1.01 | |
| EPS Growth | - | - | 64.18% | 34% | -83.82% | -7.49% | 67.84% | -39.51% | 112.94% | -47.89% | 185.1% | -45.83% | 53.6% | 42.05% | 95.56% | 30.43% | -22.47% | 161.76% | - | - | - | - | - | 183.17% | - | |
| Free Cash Flow Per Share | 0.59 | 2.71 | 11.43 | 10.00 | 5.85 | 7.03 | 9.31 | 8.99 | 10.07 | 3.80 | 5.29 | 3.67 | 3.55 | 1.34 | 0.47 | 1.09 | 0.28 | 1.00 | 0.19 | -0.65 | -0.66 | -2.63 | -2.72 | 1.13 | -0.55 | |
| Dividend Per Share | 1.50 | 2.00 | 2.00 | 2.00 | 2.00 | 1.80 | 1.25 | 1.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Dividend Growth | -25% | 0% | 0% | 0% | 11.11% | 44% | 25% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Gross Margin | 22.6% | 22.6% | 37.3% | 31.8% | 26.4% | 29% | 28.8% | 28.4% | 29.2% | 18.8% | 24.4% | 17.9% | 21.5% | 16.5% | 19.1% | 16.2% | 15.1% | 16.3% | 13.1% | 10.6% | 0.5% | -0.1% | 2.8% | 15.6% | 13.3% | |
| Operating Margin | 2.0% | 0.5% | 17.5% | 10.2% | 3.6% | 11.1% | 11.8% | 8.2% | 14.2% | 8.2% | 15.5% | 7.0% | 12.5% | 7.6% | 8.4% | 5.4% | 5.0% | 6.9% | 2.4% | -1.1% | -18.1% | -16.5% | -8.4% | 7.2% | 2.7% | |
| Profit Margin | -1.5% | -4.6% | 3.3% | 2.1% | 1.9% | 10.1% | 10.7% | 6.4% | 12.9% | 7.6% | 14% | 6.3% | 10.7% | 10.3% | 9.1% | 5.4% | 4.9% | 6.7% | 3% | -5.1% | -9.6% | -17.8% | -8.2% | 6.4% | 3.4% | |
| FCF Margin | 1.1% | 4.8% | 16.4% | 15.1% | 10.8% | 11.2% | 14.5% | 14.1% | 19.4% | 9.2% | 12.2% | 10.9% | 9.7% | 5.4% | 2.3% | 6.2% | 1.9% | 7.2% | 1.6% | -5.6% | -4.2% | -8.5% | -6.7% | 2.4% | -1.8% | |
| Effective Tax Rate | - | - | 67.6% | 48.4% | - | 7.1% | 7.7% | 19.8% | 8.3% | 6.9% | 9.1% | 6.2% | 11.6% | - | - | 2.0% | 2.6% | 4.0% | - | - | - | - | - | 15.0% | 10.2% | |
| EBITDA | 1,933 | 1,994 | 4,817 | 3,744 | 1,573 | 2,740 | 3,052 | 2,510 | 2,608 | 1,392 | 2,039 | 1,007 | 1,446 | 657 | 546 | 334 | 256 | 240 | 110 | -47.00 | -129 | -362 | -185 | 365 | 160 | |
| EBITDA Margin | 11.5% | 12% | 23.3% | 19.6% | 12.1% | 18.8% | 20.2% | 16.4% | 20.9% | 14.6% | 20.7% | 13.5% | 17.9% | 12% | 12.6% | 9.2% | 8.4% | 8.8% | 5.1% | -2.4% | -6.6% | -13.1% | -5.2% | 8.7% | 5.6% | |
| EBIT | 367 | 182 | 2,761 | 1,616 | 419 | 1,626 | 1,808 | 1,277 | 1,783 | 790 | 1,529 | 528 | 1,033 | 447 | 386 | 203 | 156 | 190 | 64.30 | -98.90 | -208 | -493 | -292 | 302 | 108 | |
| EBIT Margin | 2.2% | 1.1% | 13.4% | 8.5% | 3.2% | 11.2% | 11.9% | 8.3% | 14.3% | 8.3% | 15.5% | 7.1% | 12.8% | 8.2% | 8.9% | 5.6% | 5.1% | 7.0% | 3.0% | -5.1% | -10.6% | -17.8% | -8.2% | 7.2% | 3.8% |