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Western Digital (WDC)

(Delayed Data from NSDQ)

$69.55 USD

69.55
7,400,221

-0.37 (-0.53%)

Updated Apr 24, 2024 04:00 PM ET

After-Market: $68.40 -1.15 (-1.65%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value D Growth A Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 10% (24 out of 252)

Industry: Computer- Storage Devices

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Better trading starts here.

Balance Sheet

Research for WDC

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Western Digital Corporation falls in the month of June.

All items in Millions except Per Share data.

6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019
Assets          
Cash & Equivalents 2,023 2,327 3,370 3,048 3,455
Receivables 1,598 2,804 2,257 2,379 1,204
Notes Receivable 0 0 0 0 0
Inventories 3,698 3,638 3,616 3,070 3,283
Other Current Assets 567 684 514 551 535
Total Current Assets 7,886 9,453 9,757 9,048 8,477
Net Property & Equipment 3,620 3,670 3,188 2,854 2,843
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 1,297 1,396 1,586 1,875 2,791
Deferred Charges 0 0 0 0 0
Intangibles 10,117 10,254 10,508 11,008 11,787
Deposits & Other Assets 1,509 1,486 1,093 877 472
Total Assets 24,429 26,259 26,132 25,662 26,370
Liabilities & Shareholders Equity 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019
Notes Payable 0 0 0 0 0
Accounts Payable 1,585 2,222 2,332 2,352 1,898
Current Portion Long-Term Debt 1,213 0 251 286 276
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 1,637 2,146 2,287 1,768 1,643
Income Taxes Payable 999 869 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 5,434 5,237 4,870 4,406 3,817
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 5,857 7,022 8,474 9,289 10,246
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1,415 1,779 2,067 2,416 2,340
Minority Interest (Liabilities) 876 0 0 0 0
Total Liabilities 13,582 14,038 15,411 16,111 16,403
Shareholders Equity 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 3 3 3 3 3
Capital Surplus 3,936 3,733 3,608 3,717 3,851
Retained Earnings 7,424 9,039 7,539 6,725 7,449
Other Equity -516 -554 -197 -157 -68
Treasury Stock 0 0 232 737 1,268
Total Shareholder's Equity 10,847 12,221 10,721 9,551 9,967
Total Liabilities & Shareholder's Equity 24,429 26,259 26,132 25,662 26,370
Total Common Equity 10,847 12,221 10,721 9,551 9,967
Shares Outstanding 319.90 313.10 306.40 299.70 293.00
Book Value Per Share 33.91 39.03 34.99 31.87 34.02

Fiscal Year End for Western Digital Corporation falls in the month of June.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 2,481 2,032 2,023 2,220
Receivables NA 1,523 1,451 1,598 1,591
Notes Receivable NA 0 0 0 0
Inventories NA 3,216 3,497 3,698 3,979
Other Current Assets NA 618 597 567 693
Total Current Assets NA 7,838 7,577 7,886 8,483
Net Property & Equipment NA 3,315 3,371 3,620 3,668
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 1,344 1,245 1,297 1,379
Deferred Charges NA 0 0 0 0
Intangibles NA 10,116 10,115 10,117 10,138
Deposits & Other Assets NA 1,772 1,693 1,509 1,483
Total Assets NA 24,385 24,001 24,429 25,151
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 1,755 1,571 1,585 1,572
Current Portion Long-Term Debt NA 1,042 1,850 1,213 1,175
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 1,390 1,696 1,637 1,501
Income Taxes Payable NA 506 675 999 1,013
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 4,693 5,792 5,434 5,261
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 7,351 5,822 5,857 5,898
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 1,398 1,415 1,505
Minority Interest (Liabilities) NA 876 876 876 876
Total Liabilities NA 14,317 13,888 13,582 13,540
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 3 3 3 3
Capital Surplus NA 3,957 3,970 3,936 3,831
Retained Earnings NA 6,601 6,739 7,424 8,139
Other Equity NA -493 -599 -516 -362
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 10,068 10,113 10,847 11,611
Total Liabilities & Shareholder's Equity NA 24,385 24,001 24,429 25,151
Total Common Equity 0 10,068 10,113 10,847 11,611
Shares Outstanding 325.80 325.80 324.10 319.90 319.90
Book Value Per Share 0.00 30.90 31.20 33.91 36.30