Western Digital CorpWDC

NasdaqTechnologyComputer Storage Devices
Price (close)
$450.31
Market cap
$162.4B
P/E
17.2x
Revenue (TTM)
$12.9B
Net income
$9.4B
Dividend yield
0.12%
1-year total return
320.8%
Net margin
72.9%
Revenue growth
35.7%
Debt / equity
0.12x

What Western Digital Corp does.

Western Digital was founded in 1970 and is a Standard & Poor’s 500 (“S&P 500”) company headquartered in San Jose, California. We are a leading developer, manufacturer, and provider of data storage devices and solutions based on hard disk drive (“HDD”) technology. HDDs are critical components in the worldwide data infrastructure market, powering the AI-driven digital economy. HDDs provide reliable, cost-effective, high-capacity storage needs for a wide range of applications, ranging from cloud data centers, enterprise storage systems, edge computing, and smart video to client and consumer devices.

At Western Digital, we believe that data storage provides the strategic foundation for the AI-driven data economy. We focus on designing and building data storage solutions that are intelligent, efficient, and reliable. We execute on this mission through rigorous scientific research, engineering excellence, and deep customer collaboration, so that each product advancement provides value for our customers and shareholders.

With much of the world’s data stored on Western Digital products, our innovation helps drive the global storage technology ecosystem, anchored in the cloud, and extending from consumer devices to the edge.

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$16.9B$18.8B$6.3B$6.3B$9.5B$12.9B
Net income$821.0M$1.5B-$1.7B-$798.0M$1.9B$9.4B
Free cash flow$752.0M$758.0M-$1.2B-$781.0M$1.3B$3.5B

More on WDC.

Figures from Western Digital Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.