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%+8.2pp	42.7%+7.8pp	40.6%+29.0pp	38.8%+61.2pp	37.2%—
Operating margin	30.3%+12.8pp	29.3%+18.5pp	27.6%+25.8pp	24.5%+37.2pp	17.5%—
Net margin	55.3%+36.8pp	35.6%+20.6pp	25.5%+20.3pp	19.8%+32.5pp	18.5%—
Returns
Return on equity	87.6%+66.1pp	39.8%+28.4pp	29.4%+25.9pp	23.4%+30.8pp	21.5%+35.7pp
Return on assets	41.5%+33.3pp	18.6%+13.6pp	13.2%+11.6pp	9.9%+13.2pp	8.2%+14.5pp
Return on invested capital	38.5%+26.3pp	22.9%+19.0pp	21.2%+20.5pp	19%+23.9pp	12.2%+16.2pp
Efficiency
Asset turnover	0.7×+0.3×	0.5×+0.2×	0.5×+0.2×	0.5×+0.2×	0.4×—
Inventory turnover	4.8×+2.3×	2.6×+0.9×	2.5×+0.6×	4.4×+1.3×	2.5×—
Liquidity
Current ratio	1.5×-0.1×	1.5×-0.5×	1.2×-0.3×	1.1×-0.2×	1.6×-0.3×
Quick ratio	1.2×-0.1×	1.2×-0.1×	0.9×0.0×	0.8×-0.3×	1.3×+0.2×
Cash ratio	0.4×-0.2×	0.4×-0.1×	0.4×+0.1×	0.4×+0.1×	0.7×+0.2×
Leverage
Debt-to-equity	0.2×-1.3×	0.7×0.0×	0.8×+0.2×	0.9×+0.2×	1.4×+0.6×
Debt-to-assets	0.1×-0.3×	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.5×+0.1×
Interest coverage	15.9×+11.8×	11.3×+9.1×	8.8×+8.5×	6.5×+8.5×	4.1×+5.7×
Valuation
Market capitalization	$147.32B+954%	$84.84B+274%	$51.36B+129%	$27.45B+23.0%	$13.97B-39.5%
Enterprise value	$146.99B+718%	$87.67B+212%	$54.12B+89.8%	$30.19B+7.7%	$17.98B-38.8%
Price / earnings	22.6×+14.1×	22.2×+4.2×	19.9×-39.2×	14.5×—	8.5×—
Price / sales	12.5×+10.9×	7.9×+5.2×	5.1×+2.0×	2.9×-0.7×	1.6×—
Price / book	15.2×+12.5×	11.9×+10.1×	8.7×+6.8×	5.2×+3.1×	2.7×+0.4×
EV / sales	12.5×+10.5×	8.2×+4.8×	5.3×+1.5×	3.2×-1.3×	2×—
Earnings yield	4.4%-7.4pp	4.5%-1.1pp	5%+3.3pp	6.9%+10.5pp	11.8%+18.5pp
PEG ratio	0.1×—	0.1×—	0×—	——	——

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Western Digital.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

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.