Western Digital Corporation (WDC) Stock

About Western Digital Corporation

Western Digital Corporation designs, manufactures, and markets a broad range of data storage devices and software solutions across the United States, China, Hong Kong, Europe, the Middle East, Africa, and the rest of Asia, serving an international market. The company's product lineup includes client devices such as hard disk drives (HDDs) and solid-state drives (SSDs) for computing platforms like desktops, notebooks, smart video systems, gaming consoles, and set-top boxes. They also provide flash-based embedded storage solutions for mobile phones, tablets, laptops, and various portable and wearable technologies, extending into automotive, Internet of Things (IoT), industrial, and connected home applications. Additionally, Western Digital produces flash-based memory wafers. For data centers, their offerings comprise enterprise helium hard drives and sophisticated flash-based SSDs, often bundled with software tailored for enterprise servers, online transaction processing, data analysis, and other business applications. This segment also includes comprehensive data storage systems, tiered storage models, and various data storage platforms. Consumer-oriented client solutions consist of external HDDs in both mobile and desktop configurations, portable SSDs, and removable memory cards compatible with mobile phones, tablets, imaging systems, cameras, and smart video systems. Furthermore, they offer universal serial bus (USB) flash drives for computing and general consumer markets, alongside wireless drive products designed for on-the-go content backup and high-definition streaming of media and documents to tablets, smartphones, and PCs. Western Digital sells its diverse portfolio through original equipment manufacturers (OEMs), distributors, dealers, resellers, and retailers, utilizing its prominent G-Technology, SanDisk, and WD brands. Founded in 1970, the corporation is headquartered in San Jose, California.

Western Digital Corporation is led by CEO Tiang Yew Tan, employs 40,000 people, headquartered in San Jose, US, publicly traded since 1978.

Western Digital Corporation (WDC) stock trades at $462.04 with a market capitalization of $159.26B. The stock is valued at a price-to-earnings (P/E) ratio of 78.91, price-to-book of 25.79, price-to-sales of 13.27. Over the past 52 weeks the stock has ranged between $58.66 and $799.87, and currently trades 42.2% below its 52-week high. It pays a dividend yielding 11.00%.

On profitability, Western Digital Corporation generates a return on equity (ROE) of 35.04% — well above the market average, a sign of a high-quality business, return on capital employed of 43.95%, an operating margin of 24.52%, a net profit margin of 55.07%.

In its most recent fiscal year, Western Digital Corporation reported annual revenue of $9.5B, net profit of $1.9B, revenue has compounded at -10.7% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 0.18 — a conservative balance sheet with little leverage risk, a current ratio of 1.08, total assets of $14.0B, $2.1B in cash and equivalents.

WDC has an average daily trading volume of 8,482,962 shares, a beta of 2.20 (more volatile than the overall market).

Official website: www.westerndigital.com