Western Digital Statistics
Total Valuation
WDC has a market cap or net worth of $20.61 billion. The enterprise value is $26.66 billion.
Important Dates
The next estimated earnings date is Thursday, January 23, 2025, after market close.
| Earnings Date | Jan 23, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
WDC has 345.71 million shares outstanding. The number of shares has increased by 4.61% in one year.
| Current Share Class | 345.71M |
| Shares Outstanding | 345.71M |
| Shares Change (YoY) | +4.61% |
| Shares Change (QoQ) | +2.29% |
| Owned by Insiders (%) | 0.36% |
| Owned by Institutions (%) | 95.52% |
| Float | 344.09M |
Valuation Ratios
The trailing PE ratio is 60.08 and the forward PE ratio is 7.80.
| PE Ratio | 60.08 |
| Forward PE | 7.80 |
| PS Ratio | 1.38 |
| Forward PS | 1.17 |
| PB Ratio | 1.77 |
| P/TBV Ratio | 11.75 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 56.32 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 81.03 |
| EV / Sales | 1.86 |
| EV / EBITDA | 12.49 |
| EV / EBIT | 16.89 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.47, with a Debt / Equity ratio of 0.65.
| Current Ratio | 1.47 |
| Quick Ratio | 0.68 |
| Debt / Equity | 0.65 |
| Debt / EBITDA | 3.52 |
| Debt / FCF | n/a |
| Interest Coverage | 3.78 |
Financial Efficiency
Return on equity (ROE) is 3.32% and return on invested capital (ROIC) is 5.09%.
| Return on Equity (ROE) | 3.32% |
| Return on Assets (ROA) | 4.04% |
| Return on Capital (ROIC) | 5.09% |
| Revenue Per Employee | $270,717 |
| Profits Per Employee | $6,208 |
| Employee Count | 53,000 |
| Asset Turnover | 0.59 |
| Inventory Turnover | 2.90 |
Taxes
In the past 12 months, WDC has paid $269.00 million in taxes.
| Income Tax | 269.00M |
| Effective Tax Rate | 41.45% |
Stock Price Statistics
The stock price has increased by +13.86% in the last 52 weeks. The beta is 1.39, so WDC's price volatility has been higher than the market average.
| Beta (5Y) | 1.39 |
| 52-Week Price Change | +13.86% |
| 50-Day Moving Average | 66.56 |
| 200-Day Moving Average | 68.67 |
| Relative Strength Index (RSI) | 32.86 |
| Average Volume (20 Days) | 5,234,896 |
Short Selling Information
The latest short interest is 20.85 million, so 6.03% of the outstanding shares have been sold short.
| Short Interest | 20.85M |
| Short Previous Month | 21.74M |
| Short % of Shares Out | 6.03% |
| Short % of Float | 6.06% |
| Short Ratio (days to cover) | 4.08 |
Income Statement
In the last 12 months, WDC had revenue of $14.35 billion and earned $329.00 million in profits. Earnings per share was $0.99.
| Revenue | 14.35B |
| Gross Profit | 4.37B |
| Operating Income | 1.58B |
| Pretax Income | -1.50B |
| Net Income | 329.00M |
| EBITDA | 2.13B |
| EBIT | 1.58B |
| Earnings Per Share (EPS) | $0.99 |
Full Income StatementBalance Sheet
The company has $1.71 billion in cash and $7.75 billion in debt, giving a net cash position of -$6.04 billion or -$17.48 per share.
| Cash & Cash Equivalents | 1.71B |
| Total Debt | 7.75B |
| Net Cash | -6.04B |
| Net Cash Per Share | -$17.48 |
| Equity (Book Value) | 11.87B |
| Book Value Per Share | 33.65 |
| Working Capital | 2.85B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $366.00 million and capital expenditures -$459.00 million, giving a free cash flow of -$93.00 million.
| Operating Cash Flow | 366.00M |
| Capital Expenditures | -459.00M |
| Free Cash Flow | -93.00M |
| FCF Per Share | -$0.27 |
Full Cash Flow StatementMargins
Gross margin is 30.45%, with operating and profit margins of 11.00% and 2.65%.
| Gross Margin | 30.45% |
| Operating Margin | 11.00% |
| Pretax Margin | 4.52% |
| Profit Margin | 2.65% |
| EBITDA Margin | 14.87% |
| EBIT Margin | 11.00% |
| FCF Margin | n/a |
Dividends & Yields
WDC does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -4.61% |
| Shareholder Yield | -4.61% |
| Earnings Yield | 1.60% |
| FCF Yield | -0.45% |
Dividend DetailsAnalyst Forecast
The average price target for WDC is $87.89, which is 47.39% higher than the current price. The consensus rating is "Buy".
| Price Target | $87.89 |
| Price Target Difference | 47.39% |
| Analyst Consensus | Buy |
| Analyst Count | 21 |
| Revenue Growth Forecast (5Y) | 9.57% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on June 4, 1997. It was a forward split with a ratio of 2:1.
| Last Split Date | Jun 4, 1997 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
WDC has an Altman Z-Score of 2.27 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.27 |
| Piotroski F-Score | 8 |