Western Digital (WDC) Stock Analysis

June 13, 2026

Here is a fundamental analysis of Western Digital (WDC), benchmarking its profitability, financial strength, dividend and valuation against its industry group peers.

Performance

Cumulative Growth

WDC

GSPC

Western Digital (WDC) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Western Digital (WDC) and S&P 500 (GSPC). Returns over one year are annualized.

Performance at a Glance

Western Digital (WDC) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: WDC	Industry group median
1-Year Return	911.93%	69.29%

Risk

Drawdown

WDC

GSPC

Western Digital (WDC) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

Western Digital (WDC) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: WDC	Industry group median
1-Year Volatility	65.59%	53.66%
Beta	2.13	1.32

Company Profile

Company profile fields for Western Digital (WDC)
Profile Item	WDC
Name	Western Digital Corporation
Country/Region	United States
GICS Sector	Information Technology
GICS Industry Group	Technology Hardware & Equipment
GICS Industry	Technology Hardware, Storage & Peripherals
GICS Sub-Industry	Technology Hardware, Storage & Peripherals
Market Capitalization	194.03 billion USD
Currency	USD
Exchange	Nasdaq
Listing Date	October 31, 1978
Security Type	Common Stock

Valuation

Price-to-Earnings Ratio (TTM)

Western Digital (WDC) trades at P/E ratio of 33.67, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

WDC

Technology Hardware & Equipment industry group

33.67

Group distribution

Max: 171.43
Q3: 83.19
Median: 39.13
WDC: 33.67
Q1: 23.68
Min: 9.35

Largest peers

STX: 88.50
SNDK: 67.56
ANET: 56.10
CSCO: 40.37
AAPL: 35.20
WDC: 33.67
DELL: 31.54

Where Western Digital (WDC) stands on P/E ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Sales Ratio (TTM)

Western Digital (WDC) trades at 16.48 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

WDC

Technology Hardware & Equipment industry group

16.48

Group distribution

Max: 19.39
WDC: 16.48
Q3: 9.05
Median: 4.10
Q1: 1.42
Min: 0.00

Largest peers

SNDK: 22.24
ANET: 21.17
STX: 19.13
WDC: 16.48
AAPL: 9.47
CSCO: 7.86
DELL: 1.91

Where Western Digital (WDC) stands on P/S ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Book Ratio (MRQ)

Western Digital (WDC) trades at 26.91 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.

WDC

Technology Hardware & Equipment industry group

26.91

Group distribution

WDC: 26.91
Max: 17.76
Q3: 9.32
Median: 4.56
Q1: 2.09
Min: -3.27

Largest peers

STX: 190.79
AAPL: 40.10
WDC: 26.91
SNDK: 21.27
ANET: 15.24
CSCO: 9.77
DELL: -182.88

Where Western Digital (WDC) stands on P/B ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Valuation at a Glance

Western Digital (WDC) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: WDC	Industry group median
Price-to-Earnings Ratio (TTM)	33.67	39.13
Price-to-Sales Ratio (TTM)	16.48	4.10
Price-to-Book Ratio (MRQ)	26.91	4.56
Free Cash Flow Yield	1.07%	1.95%

Profitability

Return on Equity (TTM)

Western Digital (WDC) posts ROE of 85.92%, above the industry benchmark range. Equity is being turned into profit at an exceptional rate, but very high ROE should still be checked against leverage, buybacks, and the size of the equity base.

WDC

Technology Hardware & Equipment industry group

85.92%

Group distribution

WDC: 85.92%
Max: 44.16%
Q3: 19.25%
Median: 10.96%
Q1: 0.71%
Min: -25.92%

Largest peers

STX: 1,787.97%
AAPL: 141.47%
WDC: 85.92%
SNDK: 39.30%
ANET: 31.52%
CSCO: 25.23%
DELL: --

Where Western Digital (WDC) stands on ROE within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Net Profit Margin (TTM)

Western Digital (WDC) keeps 55.29% of revenue as net profit on net margin, above the industry benchmark range. That is unusually strong bottom-line conversion, though tax effects, asset sales, or other one-off gains should be checked before treating it as durable.

WDC

Technology Hardware & Equipment industry group

55.29%

Group distribution

WDC: 55.29%
Max: 30.43%
Q3: 12.35%
Median: 4.45%
Q1: 0.00%
Min: -14.09%

Largest peers

WDC: 55.29%
ANET: 38.32%
SNDK: 34.19%
AAPL: 27.15%
STX: 21.60%
CSCO: 19.69%
DELL: 6.28%

Where Western Digital (WDC) stands on net margin within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Operating Profit Margin (TTM)

Western Digital (WDC) turns 37.01% of revenue into operating profit on operating margin, above the industry benchmark range. Core operations are retaining an unusually large share before interest and taxes, which points to pricing power or tight cost control if the margin is sustainable.

WDC

Technology Hardware & Equipment industry group

37.01%

Group distribution

WDC: 37.01%
Max: 35.67%
Q3: 15.55%
Median: 6.62%
Q1: 1.55%
Min: -18.45%

Largest peers

SNDK: 69.98%
ANET: 42.74%
WDC: 37.01%
STX: 35.67%
AAPL: 32.28%
CSCO: 24.99%
DELL: 8.86%

Where Western Digital (WDC) stands on operating margin within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Profitability at a Glance

Western Digital (WDC) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: WDC	Industry group median
Return on Equity (TTM)	85.92%	10.96%
Return on Assets (TTM)	14.65%	4.31%
Net Profit Margin (TTM)	55.29%	4.45%
Operating Profit Margin (TTM)	37.01%	6.62%
Gross Profit Margin (TTM)	45.43%	38.82%

Financial Strength

Current Ratio (MRQ)

Western Digital (WDC) has current ratio of 1.49, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

WDC

Technology Hardware & Equipment industry group

1.49

Group distribution

Max: 5.80
Q3: 3.18
Median: 1.90
WDC: 1.49
Q1: 1.28
Min: 0.40

Largest peers

SNDK: 4.78
ANET: 2.83
WDC: 1.49
STX: 1.33
AAPL: 1.07
DELL: 0.95
CSCO: 0.93

Where Western Digital (WDC) stands on current ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Debt-to-Equity Ratio (MRQ)

Western Digital (WDC) has debt-to-equity ratio of 0.18, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

WDC

Technology Hardware & Equipment industry group

0.18

Group distribution

Max: 2.02
Q3: 0.88
Median: 0.31
WDC: 0.18
Q1: 0.05
Min: 0.00

Largest peers

STX: 3.82
AAPL: 0.80
CSCO: 0.68
WDC: 0.18
SNDK: 0.02
DELL: --
ANET: --

Where Western Digital (WDC) stands on debt-to-equity ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength at a Glance

Western Digital (WDC) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: WDC	Industry group median
Current Ratio (MRQ)	1.49	1.90
Debt-to-Equity Ratio (MRQ)	0.18	0.31
Net Debt / EBITDA	-0.39	0.91

Dividends

Dividend Yield (TTM)

Western Digital (WDC) has dividend yield of 0.11%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

WDC

Technology Hardware & Equipment industry group

0.11%

Group distribution

Max: 1.30%
Q3: 0.54%
WDC: 0.11%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

CSCO: 1.39%
DELL: 0.64%
AAPL: 0.37%
STX: 0.32%
WDC: 0.11%
SNDK: 0.00%
ANET: 0.00%

Where Western Digital (WDC) stands on dividend yield within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Western Digital (WDC) has payout ratio of 2.69%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

WDC

Technology Hardware & Equipment industry group

2.69%

Group distribution

Max: 37.10%
Q3: 15.46%
WDC: 2.69%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

CSCO: 55.00%
STX: 27.70%
DELL: 17.57%
AAPL: 12.59%
WDC: 2.69%
SNDK: 0.00%
ANET: 0.00%

Where Western Digital (WDC) stands on payout ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Dividends at a Glance

Western Digital (WDC) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: WDC	Industry group median
Dividend Yield (TTM)	0.11%	0.00%
Dividend Payout Ratio (TTM)	2.69%	0.00%