Western Digital Corporation

WDC Technology Computer Hardware

In the quarter to June 2026, revenue grew 43.8%, EPS grew 1,070.5%, free cash flow grew 89.8% and total debt fell 77.7%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for three consecutive years, operating cash flow growth for three.

333.06 23.39 −6.56%
Market cap
$133.4B
P/E
12.3×
Fwd P/E
30.5×
Dividend yield
0.17%
F-score
8/9
Altman Z
29.58
Beneish M
−0.19
Dividend safety
70/100

Western Digital Corporation (WDC) Free cash flow margin

Alert me on Free cash flow margin

Western Digital Corporation's free cash flow margin over the twelve months to 30 June 2026 was 27.2%. Over the past ten years it has ranged from −19.4% (fiscal 2023) to 27.2% (fiscal 2026) — the current reading is the highest in ten years. That is above the Computer Hardware industry median of −0.50% and above the Technology sector median of 1.72%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2026 27.2% 13.69
FY2025 13.5% 22.77
FY2024 −9.28% 10.14
FY2023 −19.4% (23.53)
FY2022 4.11% (1.18)
FY2021 5.29% 4.23
FY2020 1.06% (3.71)
FY2019 4.77% (11.68)
FY2018 16.5% 1.37
FY2017 15.1% 4.31

Against its own ten years

Low −19.4% High 27.2%
Ten-year median 8.03%
Current reading's percentile 100

Free cash flow margin against peers

Company Free cash flow margin
SNDK Sandisk Corporation compare 56.8%
ANET Arista Networks, Inc. compare 48.9%
WDC Western Digital Corporation 27.2%
STX Seagate Technology Holdings PLC compare 25.5%
LOGI Logitech International S.A. compare 20.7%
HPQ HP Inc. compare 6.56%
DELL Dell Technologies Inc. compare 5.66%
P Everpure, Inc. compare 3.01%
SMCI Super Micro Computer, Inc. compare −17.8%
Computer Hardware industry median −0.50%
Technology sector median 1.72%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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