Western Digital Financial Ratios
NASDAQ: WDCTechnologyElectronic ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Western Digital ratio analysis
Western Digital earned a net margin of 72.9% in FY 2026, up from 19.8% a year earlier. Gross margin was 48.9% compared with a median of 28.1% over the prior 9 years. Return on equity reached 106.3%, meaning Western Digital generated 1.06 dollars of profit for every dollar of shareholders' equity, an unusually high figure that often reflects a small equity base after share buybacks.
Debt-to-equity stood at 0.12 versus 0.89 the year before, and the current ratio was 1.33. At the end of FY 2026, WDC traded at 22.2 times earnings; across the 6 fiscal years shown, its year-end P/E ranged from 6.7 to 50.0, with a median of 21.1. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Western Digital financial ratios (annual)
| Ratio | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 22.20 | 12.36 | — | — | 6.71 | 19.95 | — | — | 26.60 | 49.98 |
| Price / sales | 14.39 | 2.31 | 2.96 | 1.46 | 0.54 | 0.96 | 0.57 | 0.63 | 0.84 | 1.01 |
| Price / book | 20.98 | 4.14 | 1.73 | 0.83 | 0.83 | 1.50 | 1.00 | 1.05 | 1.51 | 1.69 |
| Gross margin | 48.9% | 38.8% | 28.1% | 22.2% | 31.3% | 26.7% | 22.6% | 22.6% | 37.3% | 31.8% |
| Operating margin | 34.5% | 24.5% | -6.4% | -8.8% | 12.7% | 7.2% | 2.0% | 0.5% | 17.5% | 10.2% |
| Net margin | 72.9% | 19.8% | -12.6% | -26.9% | 8.2% | 4.9% | -1.5% | -4.6% | 3.3% | 2.1% |
| Free cash flow margin | 27.2% | 13.4% | -12.4% | -19.6% | 4.0% | 4.4% | 1.1% | 4.0% | 16.3% | 15.0% |
| Return on equity (ROE) | 106.3% | 35.6% | -7.4% | -15.4% | 12.5% | 7.6% | -2.6% | -7.6% | 5.9% | 3.5% |
| Return on assets (ROA) | 68.0% | 13.5% | -3.3% | -6.9% | 5.9% | 3.1% | -1.0% | -2.9% | 2.3% | 1.3% |
| Debt / equity | 0.12 | 0.89 | 0.69 | 0.64 | 0.57 | 0.81 | 1.00 | 1.06 | 0.97 | 1.15 |
| Current ratio | 1.33 | 1.08 | 1.32 | 1.45 | 1.81 | 2.00 | 2.05 | 2.22 | 2.39 | 2.55 |
| Revenue growth | 35.7% | 50.7% | 1.0% | -66.7% | 11.1% | 1.1% | 1.0% | -19.8% | 8.1% | 46.9% |
| EPS growth | 374.2% | — | — | -209.8% | 83.8% | — | — | -217.3% | 64.2% | 34.0% |