Western Digital Past Earnings Performance
Past criteria checks 0/6
Western Digital's earnings have been declining at an average annual rate of -12.9%, while the Tech industry saw earnings growing at 22.3% annually. Revenues have been declining at an average rate of 4.9% per year.
Key information
-12.9%
Earnings growth rate
-11.4%
EPS growth rate
| Tech Industry Growth | 14.3% |
| Revenue growth rate | -4.9% |
| Return on equity | -20.8% |
| Net Margin | -20.7% |
| Next Earnings Update | 25 Apr 2024 |
Recent past performance updates
Recent updates
Western Digital: The Upside Is Just Beginning - Initiating With A Buy
Apr 16Western Digital: Even Without The Spin-Off, The Company Remains Undervalued
Mar 24Western Digital: Technical Trends Point To Further Consolidations
Feb 15US$62.98 - That's What Analysts Think Western Digital Corporation (NASDAQ:WDC) Is Worth After These Results
Jan 27
Estimating The Fair Value Of Western Digital Corporation (NASDAQ:WDC)
Jan 08Investors Aren't Entirely Convinced By Western Digital Corporation's (NASDAQ:WDC) Revenues
Dec 24Western Digital (NASDAQ:WDC) Is Carrying A Fair Bit Of Debt
Dec 08Is It Time To Consider Buying Western Digital Corporation (NASDAQ:WDC)?
Nov 23Is Western Digital Corporation (NASDAQ:WDC) Trading At A 26% Discount?
Sep 04When Should You Buy Western Digital Corporation (NASDAQ:WDC)?
Aug 12Is Western Digital (NASDAQ:WDC) Using Too Much Debt?
Jul 25A Look At The Intrinsic Value Of Western Digital Corporation (NASDAQ:WDC)
Jun 01Is Now The Time To Look At Buying Western Digital Corporation (NASDAQ:WDC)?
May 11Here's Why Western Digital (NASDAQ:WDC) Has A Meaningful Debt Burden
Apr 17Calculating The Fair Value Of Western Digital Corporation (NASDAQ:WDC)
Feb 20Why Western Digital Corporation (NASDAQ:WDC) Could Be Worth Watching
Jan 25Western Digital (NASDAQ:WDC) Is Finding It Tricky To Allocate Its Capital
Jan 01Is Western Digital (NASDAQ:WDC) A Risky Investment?
Nov 22Increases to CEO Compensation Might Be Put On Hold For Now at Western Digital Corporation (NASDAQ:WDC)
Nov 10What Does Western Digital Corporation's (NASDAQ:WDC) Share Price Indicate?
Oct 22Western Digital Still Has Potential
Oct 10Calculating The Fair Value Of Western Digital Corporation (NASDAQ:WDC)
Oct 10Western Digital: Undervalued With Data Center Tailwinds
Oct 03Returns At Western Digital (NASDAQ:WDC) Are On The Way Up
Sep 28Revenue & Expenses BreakdownBeta
How Western Digital makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 29 Dec 23 | 11,257 | -2,327 | 870 | 1,809 |
| 29 Sep 23 | 11,332 | -2,457 | 922 | 1,888 |
| 30 Jun 23 | 12,318 | -1,730 | 962 | 2,009 |
| 31 Mar 23 | 14,174 | -684 | 979 | 2,149 |
| 30 Dec 22 | 15,752 | -78 | 1,018 | 2,245 |
| 30 Sep 22 | 17,478 | 937 | 1,047 | 2,297 |
| 01 Jul 22 | 18,793 | 1,500 | 1,091 | 2,323 |
| 01 Apr 22 | 19,185 | 1,821 | 1,137 | 2,323 |
| 31 Dec 21 | 18,941 | 1,993 | 1,143 | 2,306 |
| 01 Oct 21 | 18,051 | 1,491 | 1,129 | 2,266 |
| 02 Jul 21 | 16,922 | 821 | 1,094 | 2,243 |
| 02 Apr 21 | 16,289 | 347 | 1,076 | 2,191 |
| 01 Jan 21 | 16,327 | 167 | 1,070 | 2,199 |
| 02 Oct 20 | 16,618 | -34 | 1,103 | 2,242 |
| 03 Jul 20 | 16,736 | -250 | 1,152 | 2,261 |
| 03 Apr 20 | 16,083 | -595 | 1,214 | 2,238 |
| 03 Jan 20 | 15,582 | -1,193 | 1,286 | 2,219 |
| 04 Oct 19 | 15,581 | -1,541 | 1,297 | 2,180 |
| 28 Jun 19 | 16,569 | -754 | 1,348 | 2,182 |
| 29 Mar 19 | 18,052 | 199 | 1,370 | 2,236 |
| 28 Dec 18 | 19,391 | 841 | 1,393 | 2,294 |
| 28 Sep 18 | 20,494 | 505 | 1,465 | 2,384 |
| 29 Jun 18 | 20,647 | 675 | 1,475 | 2,400 |
| 30 Mar 18 | 20,372 | 199 | 1,466 | 2,427 |
| 29 Dec 17 | 20,008 | 386 | 1,436 | 2,438 |
| 29 Sep 17 | 19,560 | 1,444 | 1,413 | 2,394 |
| 30 Jun 17 | 19,093 | 397 | 1,445 | 2,441 |
| 31 Mar 17 | 17,746 | -249 | 1,347 | 2,325 |
| 30 Dec 16 | 15,919 | -423 | 1,167 | 2,071 |
| 30 Sep 16 | 14,348 | -407 | 1,048 | 1,875 |
| 01 Jul 16 | 12,994 | 242 | 997 | 1,627 |
| 01 Apr 16 | 12,690 | 828 | 824 | 1,514 |
| 01 Jan 16 | 13,418 | 1,138 | 857 | 1,557 |
| 02 Oct 15 | 13,989 | 1,325 | 782 | 1,594 |
| 03 Jul 15 | 14,572 | 1,465 | 788 | 1,646 |
| 03 Apr 15 | 15,032 | 1,562 | 785 | 1,691 |
| 02 Jan 15 | 15,185 | 1,553 | 787 | 1,707 |
| 03 Oct 14 | 15,269 | 1,545 | 849 | 1,697 |
| 27 Jun 14 | 15,130 | 1,617 | 826 | 1,661 |
| 28 Mar 14 | 15,207 | 1,035 | 804 | 1,637 |
| 27 Dec 13 | 15,268 | 1,051 | 788 | 1,615 |
| 27 Sep 13 | 15,120 | 956 | 724 | 1,577 |
| 28 Jun 13 | 15,351 | 980 | 706 | 1,572 |
Quality Earnings: WDC is currently unprofitable.
Growing Profit Margin: WDC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WDC is unprofitable, and losses have increased over the past 5 years at a rate of 12.9% per year.
Accelerating Growth: Unable to compare WDC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WDC is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (26.6%).
Return on Equity
High ROE: WDC has a negative Return on Equity (-20.78%), as it is currently unprofitable.