IONQ vs. WDC: IonQ vs. Western Digital Stock Comparison
How do IonQ (IONQ) 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
IonQ (IONQ) and Western Digital (WDC) are both classified in the Technology Hardware, Storage & Peripherals sub-industry within the broader Technology Hardware, Storage & Peripherals industry, placing them in the closest GICS peer bucket.
Western Digital (WDC) has more than two decades of public-market history since October 31, 1978, whereas IonQ (IONQ) listed on January 4, 2021 and has a much shorter record to draw on.
| Profile Item | IONQ | WDC |
|---|---|---|
| Name | IonQ, Inc. | Western Digital Corporation |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Technology Hardware, Storage & Peripherals | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Technology Hardware, Storage & Peripherals | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 21.77 billion USD | 252.52 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | January 4, 2021 | October 31, 1978 |
| Security Type | Common Stock | Common Stock |
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | IONQ | WDC |
|---|---|---|
| Total Return (1Y) | 44.50% | 1,139.00% |
Risk
Drawdown
Risk at a Glance
| Metric | IONQ | WDC |
|---|---|---|
| Volatility (1Y, Annualized) | 94.15% | 67.72% |
| Beta (5Y) | 3.22 | 2.08 |
| Avg. Volume (3M) | 30.85M | 7.94M |
Profitability
ROE (TTM)
Western Digital (WDC) at 85.92% clears its industry range for ROE, a sharper capital-efficiency signal than IonQ (IONQ) at 11.29%, which is closer to a typical peer reading.
IONQ
Technology Hardware & Equipment industry group
11.29%
- Max
- 44.16%
- Q3
- 19.25%
- IONQ
- 11.29%
- Median
- 10.96%
- Q1
- 0.71%
- Min
- -25.92%
WDC
Technology Hardware & Equipment industry group
85.92%
- WDC
- 85.92%
- Max
- 44.16%
- Q3
- 19.25%
- Median
- 10.96%
- Q1
- 0.71%
- Min
- -25.92%
Net Margin (TTM)
Both IonQ (IONQ) at 174.88% and Western Digital (WDC) at 55.29% keep an unusually large share of revenue as bottom-line profit — each net margin clears its industry’s benchmark range.
IONQ
Technology Hardware & Equipment industry group
174.88%
- IONQ
- 174.88%
- Max
- 30.43%
- Q3
- 12.35%
- Median
- 4.45%
- Q1
- 0.00%
- Min
- -14.09%
WDC
Technology Hardware & Equipment industry group
55.29%
- WDC
- 55.29%
- Max
- 30.43%
- Q3
- 12.35%
- Median
- 4.45%
- Q1
- 0.00%
- Min
- -14.09%
Operating Margin (TTM)
IonQ (IONQ) reports a negative operating margin of -401.76%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Western Digital (WDC) reports 37.01%, ranking against industry peers normally.
IONQ
Technology Hardware & Equipment industry group
-401.76%
- Max
- 35.67%
- Q3
- 15.55%
- Median
- 6.62%
- Q1
- 1.55%
- Min
- -18.45%
- IONQ
- -401.76%
WDC
Technology Hardware & Equipment industry group
37.01%
- WDC
- 37.01%
- Max
- 35.67%
- Q3
- 15.55%
- Median
- 6.62%
- Q1
- 1.55%
- Min
- -18.45%
Profitability at a Glance
| Metric | IONQ | WDC |
|---|---|---|
| ROE (TTM) | 11.29% | 85.92% |
| ROA (TTM) | -12.83% | 14.65% |
| Net Margin (TTM) | 174.88% | 55.29% |
| Operating Margin (TTM) | -401.76% | 37.01% |
| Gross Margin (TTM) | 36.11% | 45.43% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Metric | IONQ | WDC |
|---|---|---|
| Revenue Growth (YoY) | 201.85% | 50.70% |
| Revenue Growth (3Y CAGR) | 126.89% | -20.28% |
EPS Growth
EPS Growth at a Glance
| Metric | IONQ | WDC |
|---|---|---|
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -- | 2.66% |
Financial Strength
Current Ratio (MRQ)
Western Digital (WDC) at 1.49 keeps current ratio within its industry’s typical mid-range, while IonQ (IONQ) at 14.05 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
IONQ
Technology Hardware & Equipment industry group
14.05
- IONQ
- 14.05
- Max
- 5.80
- Q3
- 3.18
- Median
- 1.90
- Q1
- 1.28
- Min
- 0.40
WDC
Technology Hardware & Equipment industry group
1.49
- Max
- 5.80
- Q3
- 3.18
- Median
- 1.90
- WDC
- 1.49
- Q1
- 1.28
- Min
- 0.40
Debt / Equity (MRQ)
IonQ (IONQ) at 0.01 keeps leverage in the lower industry quartile, while Western Digital (WDC) at 0.18 runs a more typical debt-to-equity mix.
IONQ
Technology Hardware & Equipment industry group
0.01
- Max
- 2.02
- Q3
- 0.88
- Median
- 0.31
- Q1
- 0.05
- IONQ
- 0.01
- Min
- 0.00
WDC
Technology Hardware & Equipment industry group
0.18
- Max
- 2.02
- Q3
- 0.88
- Median
- 0.31
- WDC
- 0.18
- Q1
- 0.05
- Min
- 0.00
Financial Strength at a Glance
| Metric | IONQ | WDC |
|---|---|---|
| Current Ratio (MRQ) | 14.05 | 1.49 |
| Debt / Equity (MRQ) | 0.01 | 0.18 |
| Net Debt / EBITDA | -- | -0.39 |
Dividends
Dividend Yield (TTM)
IonQ (IONQ) 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 0.06%, ranking against industry peers normally.
IONQ
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.74%
- Q3
- 0.34%
- IONQ
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
WDC
Technology Hardware & Equipment industry group
0.06%
- Max
- 0.74%
- Q3
- 0.34%
- WDC
- 0.06%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
IonQ (IONQ) 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 2.69%, ranking against industry peers normally.
IONQ
Technology Hardware & Equipment industry group
0.00%
- Max
- 37.10%
- Q3
- 15.46%
- IONQ
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
WDC
Technology Hardware & Equipment industry group
2.69%
- Max
- 37.10%
- Q3
- 15.46%
- WDC
- 2.69%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Metric | IONQ | WDC |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.06% |
| Dividend Payout Ratio (TTM) | 0.00% | 2.69% |
Valuation
P/E Ratio (TTM)
Western Digital (WDC) at 43.87 is near its industry’s usual P/E ratio, while IonQ (IONQ) at 149.54 sits in the richer quartile — IONQ needs stronger growth or earnings quality to justify the premium.
IONQ
Technology Hardware & Equipment industry group
149.54
- Max
- 156.28
- IONQ
- 149.54
- Q3
- 80.42
- Median
- 42.19
- Q1
- 23.73
- Min
- 8.72
WDC
Technology Hardware & Equipment industry group
43.87
- Max
- 156.28
- Q3
- 80.42
- WDC
- 43.87
- Median
- 42.19
- Q1
- 23.73
- Min
- 8.72
P/S Ratio (TTM)
Investors are paying well above the peer range per dollar of sales for both IonQ (IONQ) at 116.34 and Western Digital (WDC) at 21.44 — each P/S ratio clears its industry’s benchmark range.
IONQ
Technology Hardware & Equipment industry group
116.34
- IONQ
- 116.34
- Max
- 19.94
- Q3
- 9.21
- Median
- 4.06
- Q1
- 1.46
- Min
- 0.00
WDC
Technology Hardware & Equipment industry group
21.44
- WDC
- 21.44
- Max
- 19.94
- Q3
- 9.21
- Median
- 4.06
- Q1
- 1.46
- Min
- 0.00
P/B Ratio (MRQ)
IonQ (IONQ) at 4.37 sits near its industry’s typical P/B ratio, while Western Digital (WDC) at 35.03 prices above its benchmark range — WDC looks rich relative to book.
IONQ
Technology Hardware & Equipment industry group
4.37
- Max
- 21.56
- Q3
- 9.87
- Median
- 4.66
- IONQ
- 4.37
- Q1
- 2.07
- Min
- -4.15
WDC
Technology Hardware & Equipment industry group
35.03
- WDC
- 35.03
- Max
- 21.56
- Q3
- 9.87
- Median
- 4.66
- Q1
- 2.07
- Min
- -4.15
Valuation at a Glance
| Metric | IONQ | WDC |
|---|---|---|
| P/E Ratio (TTM) | 149.54 | 43.87 |
| P/S Ratio (TTM) | 116.34 | 21.44 |
| P/B Ratio (MRQ) | 4.37 | 35.03 |
| Free Cash Flow Yield (TTM) | -0.42% | 0.82% |