What are Western Digital's profit margins?

Western Digital (WDC) runs a 45.4% gross margin and a 30.3% operating margin, with a 55.3% net margin.

Where do Western Digital's ratios come from?

Every ratio is computed from Western Digital's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Western Digital WDC Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q3 '26	Q2 '26	Q1 '26	Q4 '25	Q3 '25
Profitability
Gross margin	45.4%+2.7pp	42.7%+2.1pp	40.6%+1.8pp	38.8%+1.5pp	37.2%+2.3pp
Operating margin	30.3%+1.1pp	29.3%+1.7pp	27.6%+3.1pp	24.5%+7.0pp	17.5%+6.8pp
Net margin	55.3%+19.6pp	35.6%+10.2pp	25.5%+5.6pp	19.8%+1.4pp	18.5%+3.4pp
Returns
Return on equity	87.6%+47.9pp	39.8%+10.4pp	29.4%+6.0pp	23.4%+1.9pp	21.5%+10.2pp
Return on assets	41.5%+22.8pp	18.6%+5.5pp	13.2%+3.3pp	9.9%+1.7pp	8.2%+3.1pp
Return on invested capital	38.5%+15.7pp	22.9%+1.7pp	21.2%+2.2pp	19%+6.8pp	12.2%+8.4pp
Efficiency
Asset turnover	0.7×+0.2×	0.5×0.0×	0.5×0.0×	0.5×+0.1×	0.4×+0.1×
Inventory turnover	4.8×+2.2×	2.6×+0.1×	2.5×-1.8×	4.4×+1.9×	2.5×+0.8×
Liquidity
Current ratio	1.5×0.0×	1.5×+0.2×	1.2×+0.1×	1.1×-0.5×	1.6×-0.4×
Quick ratio	1.2×0.0×	1.2×+0.3×	0.9×+0.1×	0.8×-0.5×	1.3×0.0×
Cash ratio	0.4×+0.1×	0.4×0.0×	0.4×0.0×	0.4×-0.3×	0.7×+0.2×
Leverage
Debt-to-equity	0.2×-0.5×	0.7×-0.1×	0.8×-0.1×	0.9×-0.5×	1.4×+0.8×
Debt-to-assets	0.1×-0.2×	0.3×0.0×	0.3×0.0×	0.3×-0.1×	0.5×+0.2×
Interest coverage	15.9×+4.6×	11.3×+2.5×	8.8×+2.3×	6.5×+2.5×	4.1×+1.8×
Valuation
Market capitalization	$147.32B+73.6%	$84.84B+65.2%	$51.36B+87.1%	$27.45B+96.5%	$13.97B-38.3%
Enterprise value	$146.99B+67.7%	$87.67B+62.0%	$54.12B+79.3%	$30.19B+68.0%	$17.98B-36.0%
Price / earnings	22.6×+0.5×	22.2×+2.3×	19.9×+5.4×	14.5×+6.0×	8.5×-9.5×
Price / sales	12.5×+4.6×	7.9×+2.8×	5.1×+2.2×	2.9×+1.3×	1.6×-1.1×
Price / book	15.2×+3.3×	11.9×+3.2×	8.7×+3.6×	5.2×+2.5×	2.7×+0.8×
EV / sales	12.5×+4.3×	8.2×+2.8×	5.3×+2.2×	3.2×+1.2×	2×-1.3×
Earnings yield	4.4%-0.1pp	4.5%-0.5pp	5%-1.9pp	6.9%-4.9pp	11.8%+6.2pp
PEG ratio	0.1×0.0×	0.1×+0.1×	0×—	——	——

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Questions, answered.

What are Western Digital's profit margins?: Western Digital (WDC) runs a 45.4% gross margin and a 30.3% operating margin, with a 55.3% net margin.
Where do Western Digital's ratios come from?: Every ratio is computed from Western Digital's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.