Western Digital Corporation (WDC)
NASDAQ: WDC · Real-Time Price · USD
72.03
+3.64 (5.32%)
At close: Feb 18, 2025, 4:00 PM
72.00
-0.03 (-0.04%)
After-hours: Feb 18, 2025, 5:34 PM EST

Western Digital Statistics

Total Valuation

Western Digital has a market cap or net worth of $25.05 billion. The enterprise value is $30.47 billion.

Market Cap 25.05B
Enterprise Value 30.47B

Important Dates

The last earnings date was Wednesday, January 29, 2025, after market close.

Earnings Date Jan 29, 2025
Ex-Dividend Date n/a

Share Statistics

Western Digital has 347.82 million shares outstanding. The number of shares has increased by 6.53% in one year.

Current Share Class 347.82M
Shares Outstanding 347.82M
Shares Change (YoY) +6.53%
Shares Change (QoQ) n/a
Owned by Insiders (%) 0.36%
Owned by Institutions (%) 98.87%
Float 346.14M

Valuation Ratios

The trailing PE ratio is 20.33 and the forward PE ratio is 12.31.

PE Ratio 20.33
Forward PE 12.31
PS Ratio 1.55
Forward PS 1.49
PB Ratio 2.07
P/TBV Ratio 10.84
P/FCF Ratio 57.46
P/OCF Ratio 29.10
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.17, with an EV/FCF ratio of 69.89.

EV / Earnings 25.16
EV / Sales 1.95
EV / EBITDA 10.17
EV / EBIT 12.37
EV / FCF 69.89

Financial Position

The company has a current ratio of 1.99, with a Debt / Equity ratio of 0.62.

Current Ratio 1.99
Quick Ratio 1.09
Debt / Equity 0.62
Debt / EBITDA 2.52
Debt / FCF 17.68
Interest Coverage 6.08

Financial Efficiency

Return on equity (ROE) is 10.83% and return on invested capital (ROIC) is 7.73%.

Return on Equity (ROE) 10.83%
Return on Assets (ROA) 6.18%
Return on Invested Capital (ROIC) 7.73%
Return on Capital Employed (ROCE) 11.87%
Revenue Per Employee $294,358
Profits Per Employee $22,849
Employee Count 53,000
Asset Turnover 0.63
Inventory Turnover 3.07

Taxes

In the past 12 months, Western Digital has paid $388.00 million in taxes.

Income Tax 388.00M
Effective Tax Rate 23.53%

Stock Price Statistics

The stock price has increased by +33.39% in the last 52 weeks. The beta is 1.43, so Western Digital's price volatility has been higher than the market average.

Beta (5Y) 1.43
52-Week Price Change +33.39%
50-Day Moving Average 65.29
200-Day Moving Average 68.18
Relative Strength Index (RSI) 66.86
Average Volume (20 Days) 7,609,924

Short Selling Information

The latest short interest is 24.19 million, so 6.96% of the outstanding shares have been sold short.

Short Interest 24.19M
Short Previous Month 21.87M
Short % of Shares Out 6.96%
Short % of Float 6.99%
Short Ratio (days to cover) 3.64

Income Statement

In the last 12 months, Western Digital had revenue of $15.60 billion and earned $1.21 billion in profits. Earnings per share was $3.54.

Revenue 15.60B
Gross Profit 5.40B
Operating Income 2.46B
Pretax Income -1.50B
Net Income 1.21B
EBITDA 3.00B
EBIT 2.46B
Earnings Per Share (EPS) $3.54
Full Income Statement

Balance Sheet

The company has $2.29 billion in cash and $7.71 billion in debt, giving a net cash position of -$5.42 billion or -$15.58 per share.

Cash & Cash Equivalents 2.29B
Total Debt 7.71B
Net Cash -5.42B
Net Cash Per Share -$15.58
Equity (Book Value) 12.35B
Book Value Per Share 34.82
Working Capital 4.67B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $861.00 million and capital expenditures -$425.00 million, giving a free cash flow of $436.00 million.

Operating Cash Flow 861.00M
Capital Expenditures -425.00M
Free Cash Flow 436.00M
FCF Per Share $1.25
Full Cash Flow Statement

Margins

Gross margin is 34.63%, with operating and profit margins of 15.79% and 8.08%.

Gross Margin 34.63%
Operating Margin 15.79%
Pretax Margin 10.57%
Profit Margin 8.08%
EBITDA Margin 19.20%
EBIT Margin 15.79%
FCF Margin 2.79%

Dividends & Yields

Western Digital 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 -6.53%
Shareholder Yield -6.53%
Earnings Yield 4.83%
FCF Yield 1.74%
Dividend Details

Analyst Forecast

The average price target for Western Digital is $84.63, which is 17.49% higher than the current price. The consensus rating is "Buy".

Price Target $84.63
Price Target Difference 17.49%
Analyst Consensus Buy
Analyst Count 21
Revenue Growth Forecast (5Y) 9.57%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock 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

Western Digital has an Altman Z-Score of 2.59 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.59
Piotroski F-Score 7