Western Digital Corp. (NASDAQ:WDC)

Stock Price: $40.24

+1.27 (3.26%)

Updated Jun 2, 2023 08:00 PM GMT+0000

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Overview

Financials

Statistics

Profile

Chart

Market Cap	12.87B
Revenue	14.17B
Gross Profit	3.24B
Shares Out	319.94M
EPS (ttm)	-2.2
PE Ratio	-18.4181
Forward PE	-14.5660
Dividend Rate (ttm)	0.0000
Dividend Yield	0.0000

Trading Day	Jun 2
Last Price	$40.24
Previous Close	$38.97
Change ($)	1.27
Change (%)	3.26%
Day's Open	39.68
Day's Range	39.255 - 40.365
Day's Volume	3.51M
52 Week Range	29.73 - 63

About Western Digital Corp.

wd, a western digital company, is a long-time innovator and storage industry leader. as a storage technology pacesetter, the company produces reliable, high-performance hard disk drives and solid state drives.

these drives are deployed by oems and integrators in desktop and mobile computers, enterprise computing systems, embedded systems and consumer electronics applications, as well as by the company in providing its own storage products. wd’s leading storage devices and systems, networking products, media players and software solutions empower people around the world to easily save, store, protect, share and experience their content on multiple devices.

wd was established in 1970 and is headquartered in irvine, calif. for more information, please visit the company’s website at www.wd.com.

News

Should you buy or sell Western Digital shares as it guides FQ2 below estimates? October 29, 2021

As Western Digital discusses the merger with Kioxia, is it time to buy? August 26, 2021

Western Digital shares jump over 10% on merger talks with Kioxia August 25, 2021

Quick info

Country

United States

Industry

Computer Storage Device Manufacturing

Sector

Manufacturing

Employees

65,000

CEO

David Goeckeler

Address

5601 Great Oaks Pkwy
San Jose
California
95119-1003

Phone

19496727000

Website

wdc.com

Ticker Symbol

WDC

Exchange

NASDAQ Stock Exchange

Reporting Currency

USD

Western Digital Corp. income statements (2022) (USD)

	May 2022
Total Revenue	4.38B
Cost of Revenue	3.20B
Gross Profit	1.18B
Research & Development	572M
Selling General & Admin	281M
Operating Expense	4.05B
Operating Income	328M
Other Income Expense Net	0
EBIT	328M
Interest Income	74M
Pretax Income	262M
Income Tax	237M
Minority Interest	0
Net Income	25M
Net Income Basic	25M

Western Digital Corp. income statements (2021) (USD)

	August 2021
Total Revenue	4.92B
Cost of Revenue	3.35B
Gross Profit	1.57B
Research & Development	598M
Selling General & Admin	297M
Operating Expense	4.25B
Operating Income	671M
Other Income Expense Net	0
EBIT	671M
Interest Income	79M
Pretax Income	596M
Income Tax	-26M
Minority Interest	0
Net Income	622M
Net Income Basic	622M

Western Digital Corp. income statements (2020) (USD)

	November 2020	September 2020	June 2020	March 2020	March 2020
Total Revenue	3.92B	3.92B	4.29B	4.18B	4.18B
Cost of Revenue	3.02B	2.99B	3.11B	3.16B	3.16B
Gross Profit	0.90B	0.93B	1.18B	1.02B	1.02B
Research & Development	555M	555M	546M	563M	563M
Selling General & Admin	256M	256M	269M	281M	281M
Operating Expense	3.83B	3.80B	3.92B	4B	4B
Operating Income	93M	123M	365M	174M	174M
Other Income Expense Net	0	-126M	-180M	-128M	-128M
EBIT	93M	123M	365M	174M	174M
Interest Income	82M	73M	87M	99M	99M
Pretax Income	-3M	-3M	185M	46M	46M
Income Tax	57M	57M	37M	29M	29M
Minority Interest	0	0	0	0	0
Net Income	-60M	-60M	148M	17M	17M
Net Income Basic	-60M	-60M	148M	17M	17M

Western Digital Corp. income statements (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Total Revenue	4.23B	4.04B	3.63B	3.67B
Cost of Revenue	3.30B	3.21B	3.17B	3.10B
Gross Profit	0.94B	826M	465M	579M
Research & Development	578M	574M	523M	544M
Selling General & Admin	298M	305M	299M	353M
Operating Expense	4.18B	4.09B	3.99B	3.99B
Operating Income	59M	-53M	-357M	-318M
Other Income Expense Net	-99M	-184M	-117M	-159M
EBIT	59M	-53M	-357M	-318M
Interest Income	105M	122M	117M	118M
Pretax Income	-40M	-237M	-474M	-477M
Income Tax	99M	39M	-277M	104M
Minority Interest	0	0	0	0
Net Income	-139M	-276M	-197M	-581M
Net Income Basic	-139M	-276M	-197M	-581M

Western Digital Corp. income statements (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Total Revenue	4.23B	5.03B	5.12B	5.01B
Cost of Revenue	3.19B	3.36B	3.27B	3.09B
Gross Profit	1.04B	1.66B	1.85B	1.92B
Research & Development	539M	576M	578M	603M
Selling General & Admin	262M	322M	309M	333M
Operating Expense	3.99B	4.26B	4.16B	4.03B
Operating Income	196M	732M	0.92B	0.94B
Other Income Expense Net	-115M	-149M	-186M	-1.07B
EBIT	196M	732M	0.92B	0.94B
Interest Income	118M	116M	114M	160M
Pretax Income	81M	583M	729M	-128M
Income Tax	568M	72M	-27M	-189M
Minority Interest	0	0	0	0
Net Income	-487M	511M	756M	61M
Net Income Basic	-487M	511M	756M	61M

Western Digital Corp. income statements (2017) (USD)

	December 2017	September 2017	June 2017
Total Revenue	5.34B	5.18B	4.84B
Cost of Revenue	3.32B	3.26B	3.12B
Gross Profit	2.01B	1.92B	1.72B
Research & Development	629M	592M	600M
Selling General & Admin	333M	316M	302M
Operating Expense	4.29B	4.17B	4.03B
Operating Income	1B	0.97B	773M
Other Income Expense Net	-230M	-259M	-358M
EBIT	1B	0.97B	773M
Interest Income	197M	205M	201M
Pretax Income	774M	710M	415M
Income Tax	1.60B	29M	135M
Minority Interest	0	0	0
Net Income	-823M	681M	280M
Net Income Basic	-823M	681M	280M

Western Digital Corp. balance sheet (2023) (USD)

	February 2023
Current Cash	1.87B
Receivables	1.91B
Inventory	3.77B
Current Assets	8.38B
Other Current Assets	832M
Short Term Investments	832M
Long Term Investments	16.67B
Property/Plant Equipment	3.69B
Good Will	N.A
Intangible Assets	135M
Tangible Assets (Net)	1.94B
Other Assets	2.80B
Total Assets	25.05B
Accounts Payable	1.19B
Other Current Liabilities	3.15B
Total Current Liabilities	4.38B
Total Liabilities	12.93B
Long Term Debt	7.03B
Current Long Term Debt	38M
Minority Interest	0
Common Stock	318M
Treasury Stock	0
Retained Earnings	8.71B
Capital Surplus	N.A
Shareholder Equity	12.12B
Other Liabilities	N.A

Western Digital Corp. balance sheet (2022) (USD)

	May 2022
Current Cash	2.51B
Receivables	2.35B
Inventory	3.66B
Current Assets	9.18B
Other Current Assets	659M
Short Term Investments	659M
Long Term Investments	16.52B
Property/Plant Equipment	3.49B
Good Will	N.A
Intangible Assets	252M
Tangible Assets (Net)	1.67B
Other Assets	2.72B
Total Assets	25.70B
Accounts Payable	1.84B
Other Current Liabilities	2.49B
Total Current Liabilities	4.40B
Total Liabilities	13.72B
Long Term Debt	7.09B
Current Long Term Debt	75M
Minority Interest	0
Common Stock	313M
Treasury Stock	0
Retained Earnings	8.74B
Capital Surplus	N.A
Shareholder Equity	11.98B
Other Liabilities	N.A

Western Digital Corp. balance sheet (2021) (USD)

	August 2021
Current Cash	3.37B
Receivables	2.26B
Inventory	3.62B
Current Assets	9.76B
Other Current Assets	514M
Short Term Investments	514M
Long Term Investments	16.38B
Property/Plant Equipment	3.19B
Good Will	N.A
Intangible Assets	442M
Tangible Assets (Net)	213M
Other Assets	2.68B
Total Assets	26.13B
Accounts Payable	1.93B
Other Current Liabilities	2.69B
Total Current Liabilities	4.87B
Total Liabilities	15.41B
Long Term Debt	8.47B
Current Long Term Debt	251M
Minority Interest	0
Common Stock	306M
Treasury Stock	-232M
Retained Earnings	7.54B
Capital Surplus	N.A
Shareholder Equity	10.72B
Other Liabilities	N.A

Western Digital Corp. balance sheet (2020) (USD)

	November 2020	September 2020	June 2020	March 2020	March 2020
Current Cash	3B	N.A	3.05B	2.94B	2.94B
Receivables	2.10B	2.10B	2.38B	1.98B	1.98B
Inventory	3.36B	3.36B	3.07B	3.09B	3.09B
Current Assets	9.01B	9.01B	9.05B	8.55B	8.55B
Other Current Assets	558M	558M	551M	541M	541M
Short Term Investments	558M	N.A	N.A	N.A	N.A
Long Term Investments	16.40B	N.A	631M	622M	622M
Property/Plant Equipment	2.90B	2.90B	3.08B	2.97B	2.97B
Good Will	N.A	N.A	N.A	N.A	N.A
Intangible Assets	758M	758M	0.94B	1.13B	1.13B
Tangible Assets (Net)	-1.25B	-493M	-16.2B	-16.69B	-16.69B
Other Assets	2.67B	2.67B	647M	639M	639M
Total Assets	25.40B	25.40B	25.66B	25.51B	25.51B
Accounts Payable	1.95B	2.35B	2.35B	2.18B	2.18B
Other Current Liabilities	2.19B	1.79B	1.73B	1.97B	1.97B
Total Current Liabilities	4.43B	4.43B	4.41B	4.47B	4.47B
Total Liabilities	15.83B	15.83B	16.11B	16.27B	16.27B
Long Term Debt	9.09B	9.09B	9.50B	9.56B	9.56B
Current Long Term Debt	286M	286M	286M	286M	286M
Minority Interest	0	0	0	0	0
Common Stock	3.54B	N.A	302M	300M	300M
Treasury Stock	-521M	N.A	737M	898M	898M
Retained Earnings	6.66B	N.A	6.73B	6.58B	6.58B
Capital Surplus	N.A	N.A	3.72B	3.74B	3.74B
Shareholder Equity	9.58B	9.58B	9.55B	9.24B	9.24B
Other Liabilities	N.A	N.A	N.A	N.A	N.A

Western Digital Corp. balance sheet (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Current Cash	3.14B	3.25B	3.46B	3.68B
Receivables	1.79B	1.45B	1.20B	1.22B
Inventory	3.12B	3.29B	3.28B	3.44B
Current Assets	8.63B	8.50B	8.48B	8.90B
Other Current Assets	577M	517M	535M	542M
Short Term Investments	N.A	N.A	N.A	15M
Long Term Investments	621M	625M	619M	704M
Property/Plant Equipment	2.96B	3.04B	2.84B	3.03B
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	1.31B	1.51B	1.71B	1.92B
Tangible Assets (Net)	-16.64B	-16.52B	-16.08B	-15.83B
Other Assets	568M	508M	472M	480M
Total Assets	25.86B	26.28B	26.37B	26.91B
Accounts Payable	2.10B	2.23B	1.90B	1.89B
Other Current Liabilities	2.06B	1.77B	1.64B	2.05B
Total Current Liabilities	4.48B	4.29B	3.82B	4.21B
Total Liabilities	16.48B	16.71B	16.40B	16.70B
Long Term Debt	9.76B	10.18B	10.25B	10.31B
Current Long Term Debt	286M	251M	276M	276M
Minority Interest	0	0	0	0
Common Stock	299M	298M	295M	293M
Treasury Stock	0.96B	1.09B	1.27B	1.42B
Retained Earnings	6.72B	7.01B	7.45B	7.80B
Capital Surplus	3.73B	3.73B	3.85B	3.89B
Shareholder Equity	9.38B	9.57B	9.97B	10.21B
Other Liabilities	N.A	N.A	N.A	N.A

Western Digital Corp. balance sheet (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Current Cash	4.01B	4.65B	5.01B	4.96B
Receivables	1.72B	2.22B	2.20B	2.01B
Inventory	3.43B	3.12B	2.94B	2.67B
Current Assets	9.74B	10.57B	10.64B	10.16B
Other Current Assets	564M	563M	469M	500M
Short Term Investments	23M	24M	23M	20M
Long Term Investments	605M	669M	722M	736M
Property/Plant Equipment	3.08B	3.05B	3.10B	3.01B
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	2.15B	2.40B	2.68B	2.96B
Tangible Assets (Net)	-15.13B	-14.67B	-14.52B	-14.75B
Other Assets	573M	485M	510M	511M
Total Assets	27.94B	28.71B	29.24B	29B
Accounts Payable	2.24B	2.37B	2.52B	2.42B
Other Current Liabilities	1.87B	1.81B	1.75B	1.72B
Total Current Liabilities	4.35B	4.39B	4.46B	4.26B
Total Liabilities	17.03B	17.33B	17.70B	17.70B
Long Term Debt	10.37B	10.93B	10.99B	11.08B
Current Long Term Debt	244M	213M	179M	124M
Minority Interest	0	0	0	0
Common Stock	291M	289M	296M	299M
Treasury Stock	1.65B	1.81B	1.44B	1.18B
Retained Earnings	8.53B	9.17B	8.76B	8.16B
Capital Surplus	4.06B	4.09B	4.25B	4.28B
Shareholder Equity	10.91B	11.38B	11.53B	11.30B
Other Liabilities	N.A	N.A	N.A	N.A

Western Digital Corp. balance sheet (2017) (USD)

	December 2017	September 2017	June 2017
Current Cash	6.27B	6.89B	6.35B
Receivables	2.05B	2.10B	1.95B
Inventory	2.28B	2.30B	2.34B
Current Assets	11.11B	11.82B	11.06B
Other Current Assets	485M	496M	389M
Short Term Investments	23M	35M	24M
Long Term Investments	729M	728M	763M
Property/Plant Equipment	3.05B	3.05B	3.03B
Good Will	N.A	N.A	N.A
Intangible Assets	3.23B	3.55B	3.82B
Tangible Assets (Net)	-14.77B	-13.98B	-14.47B
Other Assets	371M	406M	409M
Total Assets	29.84B	30.51B	29.86B
Accounts Payable	2.17B	2.29B	2.35B
Other Current Liabilities	1.91B	1.92B	1.76B
Total Current Liabilities	4.35B	4.47B	4.34B
Total Liabilities	18.57B	18.45B	18.44B
Long Term Debt	11.78B	12.87B	12.92B
Current Long Term Debt	274M	258M	233M
Minority Interest	0	0	0
Common Stock	297M	295M	294M
Treasury Stock	1.35B	1.51B	1.67B
Retained Earnings	8.25B	9.23B	8.63B
Capital Surplus	4.41B	4.40B	4.51B
Shareholder Equity	11.27B	12.06B	11.42B
Other Liabilities	N.A	N.A	N.A

Western Digital Corp. cash flow (2023) (USD)

	February 2023
Net Income	-446M
Depreciation	214M
Changes in Receivables	1.91B
Changes in Inventories	3.77B
Cash Change	1.87B
Cash Flow	35M
Capital Expenditures	-258M
Investments	N.A
Investing Activity (other)	N.A
Total Investing Cash Flows	-258M
Dividends Paid	N.A
Net Borrowings	4.37B
Other Financing Cash Flows	N.A
Cash Flow Financing	38M
Exchange Rate Effect	N.A

Western Digital Corp. cash flow (2022) (USD)

	November 2022	August 2022	May 2022
Net Income	27M	301M	25M
Depreciation	216M	221M	216M
Changes in Receivables	2.42B	2.80B	2.35B
Changes in Inventories	3.86B	3.64B	3.66B
Cash Change	2.05B	2.33B	2.51B
Cash Flow	6M	295M	398M
Capital Expenditures	-320M	-280M	-291M
Investments	N.A	N.A	N.A
Investing Activity (other)	N.A	N.A	N.A
Total Investing Cash Flows	-224M	-370M	-253M
Dividends Paid	N.A	N.A	N.A
Net Borrowings	4.28B	4.01B	4B
Other Financing Cash Flows	N.A	N.A	N.A
Cash Flow Financing	-50M	-95M	-167M
Exchange Rate Effect	N.A	N.A	N.A

Western Digital Corp. cash flow (2021) (USD)

	August 2021
Net Income	622M
Depreciation	251M
Changes in Receivables	2.26B
Changes in Inventories	3.62B
Cash Change	3.37B
Cash Flow	0.99B
Capital Expenditures	-326M
Investments	N.A
Investing Activity (other)	N.A
Total Investing Cash Flows	-203M
Dividends Paid	N.A
Net Borrowings	4.84B
Other Financing Cash Flows	N.A
Cash Flow Financing	-155M
Exchange Rate Effect	N.A

Western Digital Corp. cash flow (2020) (USD)

	November 2020	September 2020	June 2020	March 2020
Net Income	-60M	-60M	148M	17M
Depreciation	374M	374M	377M	384M
Changes in Receivables	-282M	282M	-401M	-187M
Changes in Inventories	285M	-285M	21M	24M
Cash Change	-53M	-53M	105M	-194M
Cash Flow	363M	363M	172M	142M
Capital Expenditures	-337M	-330M	-215M	-127M
Investments	N.A	163M	N.A	N.A
Investing Activity (other)	N.A	N.A	N.A	-129M
Total Investing Cash Flows	166M	-166M	86M	32M
Dividends Paid	N.A	N.A	-150M	-149M
Net Borrowings	5.82B	-213M	-63M	-212M
Other Financing Cash Flows	N.A	N.A	69M	-69M
Cash Flow Financing	-253M	-253M	-154M	-369M
Exchange Rate Effect	N.A	3M	1M	1M

Western Digital Corp. cash flow (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Net Income	-139M	-276M	-197M	-581M
Depreciation	399M	406M	416M	444M
Changes in Receivables	-343M	-244M	19M	492M
Changes in Inventories	160M	-5M	157M	-13M
Cash Change	-111M	-207M	-227M	-331M
Cash Flow	257M	253M	165M	204M
Capital Expenditures	-160M	-145M	-154M	-222M
Investments	N.A	N.A	116M	N.A
Investing Activity (other)	-53M	-171M	-504M	-353M
Total Investing Cash Flows	126M	34M	-230M	-317M
Dividends Paid	-149M	-147M	-146M	-146M
Net Borrowings	-388M	-319M	-68M	-38M
Other Financing Cash Flows	N.A	N.A	109M	-40M
Cash Flow Financing	-493M	-492M	-168M	-219M
Exchange Rate Effect	-1M	-2M	6M	1M

Western Digital Corp. cash flow (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Net Income	-487M	511M	756M	61M
Depreciation	472M	480M	489M	499M
Changes in Receivables	504M	-22M	-186M	41M
Changes in Inventories	-308M	-175M	-274M	-389M
Cash Change	-633M	-359M	42M	-1.31B
Cash Flow	469M	705M	863M	1.03B
Capital Expenditures	-223M	-277M	-192M	-227M
Investments	-11M	-2M	-11M	1M
Investing Activity (other)	-403M	-124M	-298M	-394M
Total Investing Cash Flows	-466M	-259M	-249M	-399M
Dividends Paid	-144M	-148M	-150M	-148M
Net Borrowings	-537M	-38M	-44M	-1.59B
Other Financing Cash Flows	-3M	-66M	-7M	-97M
Cash Flow Financing	-631M	-807M	-563M	-1.95B
Exchange Rate Effect	-5M	2M	-9M	9M

Western Digital Corp. cash flow (2017) (USD)

	December 2017	September 2017	June 2017
Net Income	-823M	681M	280M
Depreciation	535M	533M	546M
Changes in Receivables	49M	-153M	N.A
Changes in Inventories	21M	44M	-87M
Cash Change	-614M	532M	702M
Cash Flow	1.18B	1.13B	0.94B
Capital Expenditures	-256M	-160M	-125M
Investments	10M	-22M	-1M
Investing Activity (other)	-392M	-229M	-80M
Total Investing Cash Flows	-629M	-378M	-190M
Dividends Paid	-148M	-147M	-146M
Net Borrowings	-1.09B	-62M	-10M
Other Financing Cash Flows	-4M	-35M	-5M
Cash Flow Financing	-1.17B	-224M	-49M
Exchange Rate Effect	N.A	1M	2M

Western Digital Corp. dividends (USD)

Ex date	Payment date	Record date	Declared date	Amount	Description	Frequency
02-04-2020	17-04-2020	03-04-2020	N.A	0.50	Ordinary Shares	Quarterly
02-01-2020	21-01-2020	03-01-2020	N.A	0.50	Ordinary Shares	Quarterly
02-10-2019	21-10-2019	03-10-2019	N.A	0.50	Ordinary Shares	Quarterly
26-06-2019	14-07-2019	27-06-2019	N.A	0.50	Ordinary Shares	Quarterly
28-03-2019	14-04-2019	29-03-2019	N.A	0.50	Ordinary Shares	Quarterly
27-12-2018	14-01-2019	28-12-2018	N.A	0.50	Ordinary Shares	Quarterly
26-09-2018	14-10-2018	27-09-2018	N.A	0.50	Ordinary Shares	Quarterly
27-06-2018	15-07-2018	28-06-2018	N.A	0.50	Ordinary Shares	Quarterly
27-03-2018	15-04-2018	29-03-2018	N.A	0.50	Ordinary Shares	Quarterly
28-12-2017	16-01-2018	29-12-2017	N.A	0.50	Ordinary Shares	Quarterly
27-09-2017	15-10-2017	28-09-2017	N.A	0.50	Ordinary Shares	Quarterly
27-06-2017	16-07-2017	29-06-2017	N.A	0.50	Ordinary Shares	Quarterly
28-03-2017	16-04-2017	30-03-2017	N.A	0.50	Ordinary Shares	Quarterly
28-12-2016	17-01-2017	30-12-2016	N.A	0.50	Ordinary Shares	Quarterly
27-09-2016	16-10-2016	29-09-2016	N.A	0.50	Ordinary Shares	Quarterly
28-06-2016	14-07-2016	30-06-2016	N.A	0.50	Ordinary Shares	Quarterly
29-03-2016	14-04-2016	31-03-2016	N.A	0.50	Ordinary Shares	Quarterly
29-12-2015	15-01-2016	01-01-2016	N.A	0.50	Ordinary Shares	Quarterly
29-09-2015	14-10-2015	01-10-2015	N.A	0.50	Ordinary Shares	Quarterly
29-06-2015	14-07-2015	02-07-2015	N.A	0.50	Ordinary Shares	Quarterly