CRWV vs. WDC: CoreWeave vs. Western Digital Stock Comparison

November 11, 2026

How do CoreWeave (CRWV) and Western Digital (WDC) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

CoreWeave (CRWV) and Western Digital (WDC) share the Information Technology sector but sit in different industry groups — CRWV in Software & Services and WDC in Technology Hardware & Equipment.

Western Digital (WDC) carries decades of public-market history since October 31, 1978, while CoreWeave (CRWV) listed on March 28, 2025 — long-window comparisons have far more historical data on the WDC side.

Company profile comparison for CoreWeave (CRWV) and Western Digital (WDC)
Profile Item	CRWV	WDC
Name	CoreWeave Inc. Class A Common Stock	Western Digital Corp.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Software & Services	Technology Hardware & Equipment
GICS Industry	IT Services	Technology Hardware, Storage & Peripherals
GICS Sub-Industry	Internet Services & Infrastructure	Technology Hardware, Storage & Peripherals
Market Capitalization	25.59 billion USD	98.74 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	March 28, 2025	October 31, 1978
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CRWV

WDC

GSPC

CoreWeave (CRWV) vs. Western Digital (WDC), with S&P 500 (GSPC) for reference: 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 CoreWeave (CRWV) and Western Digital (WDC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for CoreWeave (CRWV) and Western Digital (WDC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for CoreWeave (CRWV) and Western Digital (WDC)
Metric	CRWV	WDC
Total Return (1Y)	-52.69%	78.89%
Total Return (3Y, Annualized)	--	106.11%
Total Return (5Y, Annualized)	--	47.06%

Risk Profile

Drawdown History

CRWV

WDC

GSPC

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

Return Distribution

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Distribution of monthly total returns for CoreWeave (CRWV) and Western Digital (WDC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for CoreWeave (CRWV) and Western Digital (WDC)
Metric	CRWV	WDC
Volatility (1Y, Annualized)	98.61%	83.20%
Beta (5Y)	7.43	2.35
Max Drawdown (5Y)	-76.22%	-64.64%
Avg. Volume (3M)	40.98M	8.01M

Risk-Adjusted Performance

Risk-Return Positioning

CRWV and WDC are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for CoreWeave (CRWV) and Western Digital (WDC)
Metric	CRWV	WDC
Sharpe Ratio (1Y)	-0.58	0.90
Sortino Ratio (1Y)	-0.86	1.32

Profitability

ROE (TTM)

CoreWeave (CRWV) reports a negative ROE of -43.60%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Western Digital (WDC) reports 129.60%, ranking against industry peers normally.

CRWV

Software & Services industry group

-43.60%

Max: 53.85%
Q3: 17.90%
Median: 6.59%
Q1: -9.59%
CRWV: -43.60%
Min: -50.52%

WDC

Technology Hardware & Equipment industry group

129.60%

WDC: 129.60%
Max: 42.47%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
Min: -20.62%

CoreWeave (CRWV) vs. Western Digital (WDC): A comparison of their ROE against their respective Software & Services and Technology Hardware & Equipment industry group benchmarks.

Net Margin (TTM)

CoreWeave (CRWV) reports a negative net margin of -25.40%, usually indicating a net loss over the period. Meanwhile Western Digital (WDC) reports 69.20%, ranking against industry peers normally.

CRWV

Software & Services industry group

-25.40%

Max: 41.17%
Q3: 15.28%
Median: 4.63%
Q1: -5.42%
CRWV: -25.40%
Min: -33.17%

WDC

Technology Hardware & Equipment industry group

69.20%

WDC: 69.20%
Max: 27.60%
Q3: 11.66%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

CoreWeave (CRWV) vs. Western Digital (WDC): A comparison of their net margin against their respective Software & Services and Technology Hardware & Equipment industry group benchmarks.

Operating Margin (TTM)

CoreWeave (CRWV) reports a negative operating margin of -1.90%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Western Digital (WDC) reports 47.68%, ranking against industry peers normally.

CRWV

Software & Services industry group

-1.90%

Max: 46.89%
Q3: 17.64%
Median: 8.73%
CRWV: -1.90%
Q1: -2.13%
Min: -30.45%

WDC

Technology Hardware & Equipment industry group

47.68%

WDC: 47.68%
Max: 36.27%
Q3: 18.36%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

CoreWeave (CRWV) vs. Western Digital (WDC): A comparison of their operating margin against their respective Software & Services and Technology Hardware & Equipment industry group benchmarks.

Profitability Metrics

Profitability metrics for CoreWeave (CRWV) and Western Digital (WDC)
Metric	CRWV	WDC
ROE (TTM)	-43.60%	129.60%
ROA (TTM)	-0.24%	25.88%
Net Margin (TTM)	-25.40%	69.20%
Operating Margin (TTM)	-1.90%	47.68%
Gross Margin (TTM)	67.42%	52.60%

Growth

Revenue Growth

Both companies are growing quickly, but CoreWeave (CRWV) at 167.94% is the standout with revenue growth above its industry range; Western Digital (WDC) at 35.70% also sits in the top quartile.

CoreWeave (CRWV) vs. Western Digital (WDC): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Western Digital (WDC) reports EPS growth of 372.38%, ranked against its industry; CoreWeave (CRWV) has no EPS growth figure this period.

CoreWeave (CRWV) vs. Western Digital (WDC): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for CoreWeave (CRWV) and Western Digital (WDC)
Metric	CRWV	WDC
Revenue Growth (YoY)	167.94%	35.70%
Revenue Growth (3Y CAGR)	586.92%	27.35%
EPS Growth (YoY)	--	372.38%
EPS Growth (3Y CAGR)	--	--

Financial Strength

Current Ratio (MRQ)

Western Digital (WDC) at 1.43 keeps current ratio within its industry’s typical mid-range, while CoreWeave (CRWV) at 0.46 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CRWV.

CRWV

Software & Services industry group

0.46

Max: 5.11
Q3: 2.77
Median: 1.67
Q1: 1.01
CRWV: 0.46
Min: 0.03

WDC

Technology Hardware & Equipment industry group

1.43

Max: 5.34
Q3: 3.02
Median: 1.95
WDC: 1.43
Q1: 1.32
Min: 0.17

CoreWeave (CRWV) vs. Western Digital (WDC): A comparison of their current ratio against their respective Software & Services and Technology Hardware & Equipment industry group benchmarks.

Debt / Equity (MRQ)

Western Digital (WDC) at 0.10 is near its industry mid-range for debt-to-equity ratio, while CoreWeave (CRWV) at 10.27 sits above its benchmark range, pointing to a heavier debt load relative to equity.

CRWV

Software & Services industry group

10.27

CRWV: 10.27
Max: 2.52
Q3: 1.13
Median: 0.40
Q1: 0.07
Min: 0.00

WDC

Technology Hardware & Equipment industry group

0.10

Max: 1.76
Q3: 0.78
Median: 0.24
WDC: 0.10
Q1: 0.04
Min: 0.01

CoreWeave (CRWV) vs. Western Digital (WDC): A comparison of their debt-to-equity ratio against their respective Software & Services and Technology Hardware & Equipment industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for CoreWeave (CRWV) and Western Digital (WDC)
Metric	CRWV	WDC
Current Ratio (MRQ)	0.46	1.43
Debt / Equity (MRQ)	10.27	0.10
Net Debt / EBITDA	12.16	-0.06

Dividends

Dividend Yield (TTM)

CoreWeave (CRWV) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Western Digital (WDC) reports a yield of 0.21%, ranking against industry peers normally.

CRWV

Software & Services industry group

0.00%

CRWV: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

WDC

Technology Hardware & Equipment industry group

0.21%

Max: 0.73%
Q3: 0.31%
WDC: 0.21%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CoreWeave (CRWV) vs. Western Digital (WDC): A comparison of their dividend yield against their respective Software & Services and Technology Hardware & Equipment industry group benchmarks.

Dividend Payout Ratio (TTM)

CoreWeave (CRWV) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Western Digital (WDC) reports a payout of 1.93%, ranking against industry peers normally.

CRWV

Software & Services industry group

0.00%

CRWV: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

WDC

Technology Hardware & Equipment industry group

1.93%

Max: 32.27%
Q3: 14.48%
WDC: 1.93%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CoreWeave (CRWV) vs. Western Digital (WDC): A comparison of their payout ratio against their respective Software & Services and Technology Hardware & Equipment industry group benchmarks.

Dividend Metrics

Dividend metrics for CoreWeave (CRWV) and Western Digital (WDC)
Metric	CRWV	WDC
Dividend Yield (TTM)	0.00%	0.21%
Dividend Payout Ratio (TTM)	0.00%	1.93%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Western Digital (WDC) trades at 9.28 times trailing earnings, ranked against its peers, while CoreWeave (CRWV) has no P/E ratio this period.

CRWV

Software & Services industry group

Max: 112.94
Q3: 60.32
Median: 32.91
Q1: 18.77
Min: 6.69
CRWV: --

WDC

Technology Hardware & Equipment industry group

9.28

Max: 69.48
Q3: 41.02
Median: 26.39
Q1: 19.36
WDC: 9.28
Min: 6.07

CoreWeave (CRWV) vs. Western Digital (WDC): CRWV does not report P/E ratio, so it has no value marker; WDC is benchmarked against the Technology Hardware & Equipment industry group.

P/S Ratio (TTM)

CoreWeave (CRWV) at 3.37 is priced about in line with its industry on P/S ratio, while Western Digital (WDC) at 6.82 sits in the pricier quartile — WDC costs more per dollar of sales.

CRWV

Software & Services industry group

3.37

Max: 17.91
Q3: 8.78
Median: 4.25
CRWV: 3.37
Q1: 2.23
Min: 0.02

WDC

Technology Hardware & Equipment industry group

6.82

Max: 11.30
WDC: 6.82
Q3: 5.82
Median: 2.56
Q1: 1.05
Min: 0.00

CoreWeave (CRWV) vs. Western Digital (WDC): A comparison of their P/S ratio against their respective Software & Services and Technology Hardware & Equipment industry group benchmarks.

P/B Ratio (MRQ)

CoreWeave (CRWV) at 5.09 is valued about in line with its industry on P/B ratio, while Western Digital (WDC) at 10.55 carries an above-peer premium to book — WDC is pricier on assets.

CRWV

Software & Services industry group

5.09

Max: 16.63
Q3: 8.50
CRWV: 5.09
Median: 4.30
Q1: 1.92
Min: -3.90

WDC

Technology Hardware & Equipment industry group

10.55

Max: 10.75
WDC: 10.55
Q3: 5.52
Median: 3.17
Q1: 1.79
Min: 0.33

CoreWeave (CRWV) vs. Western Digital (WDC): A comparison of their P/B ratio against their respective Software & Services and Technology Hardware & Equipment industry group benchmarks.

Valuation Metrics

Valuation metrics for CoreWeave (CRWV) and Western Digital (WDC)
Metric	CRWV	WDC
P/E Ratio (TTM)	--	9.28
P/S Ratio (TTM)	3.37	6.82
P/B Ratio (MRQ)	5.09	10.55
Free Cash Flow Yield (TTM)	-35.51%	2.76%