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Western Digital WDC Free cash flow margin

Discontinued — last reported Q3 '23

Free cash flow margin at other companies

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25.5%+16.5pp
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3.3%-0.3pp

Other financials

Income statement

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Revenue$3.7B+43.8%
Gross profit$2.0B+90.1%
Operating income$1.6B+130%
Net income$3.2B+1,033%
EPS (diluted)$8.21+995%

Balance sheet

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Cash & equivalents$1.6B-25.3%
Total debt$1.1B-78.3%
Total equity$8.9B+66.9%
Total assets$13.9B-1.0%

Cash flow

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Operating cash flow$672.0M+1,876%
CapEx$73.0M-24.0%
Free cash flow$599.0M+1,066%

Valuation

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Market cap$178.95B+595%
Enterprise value$178.42B+527%
P/E19×+5.4×
P/S13.9×+11.1×

Profitability

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Gross margin48.9%+10.1pp
Operating margin34.5%+10.0pp
Net margin72.9%+53.1pp

Returns & leverage

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Return on equity133%+110pp
Debt / equity0.1×-0.8×
Current ratio1.3×+0.2×

Where this comes from

Calculated from Western Digital’s reported figures.

Based on trailing twelve months.

The source filing: Western Digital’s 10-Q, filed April 30, 2024. Open the filing →

Filed
Apr 30, 2024
Fiscal quarter
Q3 FY2024
Calendar quarter
Q2 2024
Accession
0000106040-24-000022

FAQ

What is Western Digital's free cash flow margin?
Western Digital (WDC) reported free cash flow margin of -7.2% in Q1 2023.
How has Western Digital's free cash flow margin changed year-over-year?
Western Digital's free cash flow margin decreased by 198.5% year-over-year, from 7.4% to -7.2%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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