WDC - Western Digital Corporation
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$214.30
DETAILS
HIGH:
$260.00
LOW:
$145.00
MEDIAN:
$229.00
CONSENSUS:
$214.30
DOWNSIDE:
3.25%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 9,520.0 | 6,317.0 | 6,255.0 | 18,793.0 | 16,922.0 | 16,736.0 | 16,569.0 | 20,647.0 | 19,093.0 | 12,994.0 |
| Cost of Revenue | 5,828.0 | 4,544.0 | 4,864.0 | 12,919.0 | 12,401.0 | 12,955.0 | 12,817.0 | 12,942.0 | 13,021.0 | 9,559.0 |
| Gross Profit | 3,692.0 | 1,773.0 | 1,391.0 | 5,874.0 | 4,521.0 | 3,781.0 | 3,752.0 | 7,705.0 | 6,072.0 | 3,435.0 |
| Operating Expenses | ||||||||||
| R&D Expenses | 994.0 | 950.0 | 986.0 | 2,323.0 | 2,243.0 | 2,261.0 | 2,182.0 | 2,400.0 | 2,441.0 | 1,627.0 |
| SG&A Expenses | 568.0 | 726.0 | 807.0 | 1,117.0 | 1,105.0 | 1,153.0 | 1,317.0 | 1,473.0 | 1,445.0 | 997.0 |
| Other Expenses | (204.0) | 500.0 | 146.0 | 43.0 | (47.0) | 32.0 | 166.0 | 215.0 | 232.0 | 345.0 |
| Operating Expenses | 1,358.0 | 2,176.0 | 1,939.0 | 3,483.0 | 3,301.0 | 3,446.0 | 3,665.0 | 4,088.0 | 4,118.0 | 2,969.0 |
| Operating Income | ||||||||||
| Operating Income | 2,334.0 | (403.0) | (548.0) | 2,391.0 | 1,220.0 | 335.0 | 87.0 | 3,617.0 | 1,954.0 | 466.0 |
| Interest Expense | 357.0 | 414.0 | 310.0 | 304.0 | 326.0 | 413.0 | 469.0 | 676.0 | 847.0 | 266.0 |
| Interest Income | 45.0 | 33.0 | 19.0 | 6.0 | 7.0 | 28.0 | 57.0 | 60.0 | 26.0 | 26.0 |
| Profitability | ||||||||||
| EBITDA | 1,938.0 | 243.0 | 289.0 | 3,404.0 | 2,465.0 | 1,933.0 | 1,994.0 | 4,817.0 | 3,744.0 | 1,573.0 |
| EBIT | 1,487.0 | (325.0) | (539.0) | 2,475.0 | 1,253.0 | 367.0 | 182.0 | 2,761.0 | 1,616.0 | 419.0 |
| Income Before Tax | 1,130.0 | (739.0) | (849.0) | 2,171.0 | 927.0 | (46.0) | (287.0) | 2,085.0 | 769.0 | 153.0 |
| Income Tax Expense | (513.0) | 26.0 | 53.0 | 625.0 | 106.0 | 204.0 | 467.0 | 1,410.0 | 372.0 | (89.0) |
| Net Income | 1,861.0 | (798.0) | (1,684.0) | 1,546.0 | 821.0 | (250.0) | (754.0) | 675.0 | 397.0 | 242.0 |
| Per Share Data | ||||||||||
| EPS (Basic) | 5.31 | -2.61 | -5.37 | 4.81 | 2.69 | -0.84 | -2.58 | 2.27 | 1.38 | 1.01 |
| EPS (Diluted) | 5.12 | -2.61 | -5.37 | 4.75 | 2.66 | -0.84 | -2.58 | 2.20 | 1.34 | 1.00 |
| Shares Outstanding | 347.0 | 326.0 | 318.0 | 312.0 | 305.0 | 298.0 | 292.0 | 297.0 | 288.0 | 239.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 2,114.0 | 1,551.0 | 2,023.0 | 2,327.0 | 3,370.0 | 3,048.0 | 3,455.0 | 5,005.0 | 6,354.0 | 8,151.0 |
| Short-Term Investments | 354.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 227.0 |
| Net Receivables | 1,486.0 | 1,231.0 | 1,598.0 | 2,804.0 | 2,257.0 | 2,379.0 | 1,204.0 | 2,197.0 | 1,948.0 | 1,461.0 |
| Inventory | 1,291.0 | 1,387.0 | 3,698.0 | 3,638.0 | 3,616.0 | 3,070.0 | 3,283.0 | 2,944.0 | 2,341.0 | 2,129.0 |
| Other Current Assets | 611.0 | 3,891.0 | 567.0 | 684.0 | 514.0 | 551.0 | 535.0 | 492.0 | 413.0 | 616.0 |
| Total Current Assets | 5,856.0 | 8,060.0 | 7,886.0 | 9,453.0 | 9,757.0 | 9,048.0 | 8,477.0 | 10,638.0 | 11,056.0 | 12,584.0 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 2,343.0 | 2,359.0 | 3,620.0 | 3,670.0 | 3,188.0 | 2,854.0 | 2,843.0 | 3,095.0 | 3,033.0 | 3,503.0 |
| Goodwill | 4,319.0 | 4,319.0 | 10,037.0 | 10,041.0 | 10,066.0 | 10,067.0 | 10,076.0 | 10,075.0 | 10,014.0 | 9,951.0 |
| Intangible Assets | 0.0 | 0.0 | 80.0 | 213.0 | 442.0 | 941.0 | 1,711.0 | 2,680.0 | 3,823.0 | 5,034.0 |
| Long-Term Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Non-Current Assets | 477.0 | 9,225.0 | 2,923.0 | 2,882.0 | 2,679.0 | 2,752.0 | 3,263.0 | 2,747.0 | 1,934.0 | 1,790.0 |
| Total Non-Current Assets | 8,146.0 | 16,128.0 | 16,660.0 | 16,806.0 | 16,375.0 | 16,614.0 | 17,893.0 | 18,597.0 | 18,804.0 | 20,278.0 |
| Total Assets | 14,002.0 | 24,188.0 | 24,546.0 | 26,259.0 | 26,132.0 | 25,662.0 | 26,370.0 | 29,235.0 | 29,860.0 | 32,862.0 |
| Current Liabilities | ||||||||||
| Account Payables | 1,266.0 | 1,054.0 | 1,585.0 | 2,222.0 | 2,332.0 | 2,352.0 | 1,898.0 | 2,524.0 | 2,350.0 | 2,056.0 |
| Short-Term Debt | 2,257.0 | 1,778.0 | 1,213.0 | 0.0 | 251.0 | 286.0 | 276.0 | 179.0 | 233.0 | 3,334.0 |
| Deferred Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Current Liabilities | 376.0 | 1,731.0 | 349.0 | 510.0 | 634.0 | 472.0 | 347.0 | 479.0 | 506.0 | 564.0 |
| Total Current Liabilities | 5,418.0 | 6,087.0 | 5,434.0 | 5,237.0 | 4,870.0 | 4,406.0 | 3,817.0 | 4,456.0 | 4,344.0 | 6,949.0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 2,714.0 | 5,913.0 | 5,857.0 | 7,022.0 | 8,474.0 | 9,289.0 | 10,246.0 | 10,993.0 | 12,918.0 | 13,660.0 |
| Deferred Tax Liabilities | 163.0 | 443.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Non-Current Liabilities | 286.0 | 794.0 | 1,415.0 | 1,779.0 | 2,067.0 | 2,416.0 | 2,340.0 | 2,255.0 | 1,180.0 | 1,108.0 |
| Total Non-Current Liabilities | 3,273.0 | 7,283.0 | 7,272.0 | 8,801.0 | 10,541.0 | 11,705.0 | 12,586.0 | 13,248.0 | 14,098.0 | 14,768.0 |
| Total Liabilities | 8,691.0 | 13,370.0 | 12,706.0 | 14,038.0 | 15,411.0 | 16,111.0 | 16,403.0 | 17,704.0 | 18,442.0 | 21,717.0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 |
| Retained Earnings | 762.0 | 6,775.0 | 7,573.0 | 9,039.0 | 7,539.0 | 6,725.0 | 7,449.0 | 8,757.0 | 8,633.0 | 8,848.0 |
| Accumulated Other Comprehensive Income | 20.0 | (712.0) | (548.0) | (554.0) | (197.0) | (157.0) | (68.0) | (39.0) | (58.0) | 103.0 |
| Total Stockholders' Equity | 5,311.0 | 10,818.0 | 11,840.0 | 12,221.0 | 10,721.0 | 9,551.0 | 9,967.0 | 11,531.0 | 11,418.0 | 11,145.0 |
| Total Liabilities & Equity | 14,002.0 | 24,188.0 | 24,546.0 | 26,259.0 | 26,132.0 | 25,662.0 | 26,370.0 | 29,235.0 | 29,860.0 | 32,862.0 |
| Debt Metrics | ||||||||||
| Total Debt | 5,081.0 | 7,824.0 | 7,070.0 | 7,022.0 | 8,725.0 | 9,575.0 | 10,522.0 | 11,172.0 | 13,151.0 | 16,994.0 |
| Net Debt | 2,967.0 | 6,273.0 | 5,047.0 | 4,695.0 | 5,355.0 | 6,527.0 | 7,067.0 | 6,167.0 | 6,797.0 | 8,843.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 1,889.0 | (798.0) | (1,684.0) | 1,546.0 | 821.0 | (250.0) | (754.0) | 675.0 | 397.0 | 242.0 |
| Depreciation & Amortization | 451.0 | 568.0 | 828.0 | 929.0 | 1,212.0 | 1,566.0 | 1,812.0 | 2,056.0 | 2,128.0 | 1,154.0 |
| Stock-Based Compensation | 265.0 | 295.0 | 318.0 | 326.0 | 318.0 | 308.0 | 306.0 | 377.0 | 394.0 | 191.0 |
| Change in Working Capital | (1,031.0) | (307.0) | 92.0 | (1,075.0) | (175.0) | (757.0) | (260.0) | 486.0 | 91.0 | 374.0 |
| Other Non-Cash Items | 862.0 | 109.0 | 86.0 | 38.0 | (36.0) | 39.0 | 69.0 | 959.0 | 415.0 | 171.0 |
| Operating Cash Flow | 1,691.0 | (294.0) | (408.0) | 1,880.0 | 1,898.0 | 824.0 | 1,547.0 | 4,205.0 | 3,437.0 | 1,983.0 |
| Investing Activities | ||||||||||
| Capital Expenditure | (407.0) | (487.0) | (807.0) | (1,107.0) | (1,003.0) | (647.0) | (757.0) | (809.0) | (557.0) | (584.0) |
| Acquisitions | 401.0 | 0.0 | 0.0 | 32.0 | 0.0 | (22.0) | 0.0 | (100.0) | (20.0) | (9,835.0) |
| Purchases of Investments | 0.0 | 0.0 | 0.0 | (26.0) | 0.0 | 0.0 | (99.0) | (89.0) | (313.0) | (708.0) |
| Sales/Maturities of Investments | 0.0 | 0.0 | 31.0 | 0.0 | 7.0 | 16.0 | 182.0 | 85.0 | 511.0 | 1,609.0 |
| Other Investing Activities | 161.0 | 460.0 | 28.0 | (76.0) | 374.0 | 931.0 | (479.0) | (716.0) | (236.0) | (90.0) |
| Investing Cash Flow | 150.0 | (27.0) | (762.0) | (1,192.0) | (765.0) | 278.0 | (1,272.0) | (1,655.0) | (636.0) | (9,608.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 56.0 | 391.0 | (19.0) | (1,727.0) | (886.0) | (982.0) | (681.0) | (2,734.0) | (4,281.0) | 11,929.0 |
| Stock Repurchased | (149.0) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (563.0) | (591.0) | 0.0 | (60.0) |
| Dividends Paid | (44.0) | 0.0 | 0.0 | 0.0 | 0.0 | (595.0) | (584.0) | (593.0) | (574.0) | (464.0) |
| Other Financing Activities | (1,552.0) | (284.0) | (80.0) | (23.0) | (9.0) | 0.0 | (4.0) | (202.0) | (36.0) | (1,180.0) |
| Financing Cash Flow | (1,612.0) | 187.0 | 875.0 | (1,718.0) | (817.0) | (1,508.0) | (1,829.0) | (3,900.0) | (4,595.0) | 10,751.0 |
| Cash Position | ||||||||||
| Net Change in Cash | 563.0 | (472.0) | (304.0) | (1,043.0) | 322.0 | (407.0) | (1,550.0) | (1,349.0) | (1,797.0) | 3,127.0 |
| Cash at Beginning | 1,551.0 | 2,023.0 | 2,327.0 | 3,370.0 | 3,048.0 | 3,455.0 | 5,005.0 | 6,354.0 | 8,151.0 | 5,024.0 |
| Cash at End | 2,114.0 | 1,551.0 | 2,023.0 | 2,327.0 | 3,370.0 | 3,048.0 | 3,455.0 | 5,005.0 | 6,354.0 | 8,151.0 |
| Free Cash Flow | 1,284.0 | (781.0) | (1,215.0) | 773.0 | 895.0 | 177.0 | 790.0 | 3,396.0 | 2,880.0 | 1,399.0 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 9,520.0 | 6,317.0 | 6,255.0 | 18,793.0 | 16,922.0 | 16,736.0 | 16,569.0 | 20,647.0 | 19,093.0 | 12,994.0 |
| Gross Profit | 3,692.0 | 1,773.0 | 1,391.0 | 5,874.0 | 4,521.0 | 3,781.0 | 3,752.0 | 7,705.0 | 6,072.0 | 3,435.0 |
| Operating Income | 2,334.0 | (403.0) | (548.0) | 2,391.0 | 1,220.0 | 335.0 | 87.0 | 3,617.0 | 1,954.0 | 466.0 |
| Net Income | 1,861.0 | (798.0) | (1,684.0) | 1,546.0 | 821.0 | (250.0) | (754.0) | 675.0 | 397.0 | 242.0 |
| EPS (Diluted) | 5.12 | -2.61 | -5.37 | 4.75 | 2.66 | -0.84 | -2.58 | 2.20 | 1.34 | 1.00 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 2,114.0 | 1,551.0 | 2,023.0 | 2,327.0 | 3,370.0 | 3,048.0 | 3,455.0 | 5,005.0 | 6,354.0 | 8,151.0 |
| Total Assets | 14,002.0 | 24,188.0 | 24,546.0 | 26,259.0 | 26,132.0 | 25,662.0 | 26,370.0 | 29,235.0 | 29,860.0 | 32,862.0 |
| Total Debt | 5,081.0 | 7,824.0 | 7,070.0 | 7,022.0 | 8,725.0 | 9,575.0 | 10,522.0 | 11,172.0 | 13,151.0 | 16,994.0 |
| Stockholders' Equity | 5,311.0 | 10,818.0 | 11,840.0 | 12,221.0 | 10,721.0 | 9,551.0 | 9,967.0 | 11,531.0 | 11,418.0 | 11,145.0 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 1,691.0 | (294.0) | (408.0) | 1,880.0 | 1,898.0 | 824.0 | 1,547.0 | 4,205.0 | 3,437.0 | 1,983.0 |
| Capital Expenditure | (407.0) | (487.0) | (807.0) | (1,107.0) | (1,003.0) | (647.0) | (757.0) | (809.0) | (557.0) | (584.0) |
| Free Cash Flow | 1,284.0 | (781.0) | (1,215.0) | 773.0 | 895.0 | 177.0 | 790.0 | 3,396.0 | 2,880.0 | 1,399.0 |