OverviewSuggest Edit

Western Digital Corporation (WDC) is a developer, manufacturer, and provider of data storage devices and solutions for businesses and consumers. The company offers hard disk drives (HDDs) and solid state drives (SSDs) for computing devices, such as desktop and notebook PCs, smart video systems, gaming consoles and set top boxes; flash-based embedded storage products for mobile phones, tablets, notebook PCs and other portable and wearable devices, automotive, IoT, industrial and connected home applications; and flash-based memory wafers and components. Its major brands include Western Digital, G-Technology, SanDisk, and WD.
TypePublic
Founded1970
HQSan Jose, CA, US
Websitewesterndigital.com
Overall CultureC

Latest Updates

Employees (est.) (Jul 2021)65,600(+3%)
Job Openings995
Revenue (FY, 2021)$16.9 B(+2%)
Share Price (May 2022)$62.9(+2%)
Cybersecurity ratingBMore
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Key People/Management at Western Digital

David Goeckeler

David Goeckeler

Chief Executive Officer, Director
Michael C. Ray

Michael C. Ray

Executive Vice President and Chief Legal Officer
Wissam Jabre

Wissam Jabre

Executive Vice President and Chief Financial Officer
Siva Sivaram

Siva Sivaram

President, Technology and Strategy
Christine Bastian

Christine Bastian

Executive Vice President and Chief People Officer
Robert W Soderbery

Robert W Soderbery

Executive Vice President and General Manager, Flash Business
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Western Digital Office Locations

Western Digital has offices in San Jose, Irvine, Milpitas, Redwood City and in 20 other locations
San Jose, CA, US (HQ)
5601 Great Oaks Pkwy
Irvine, CA, US
3355 Michelson Dr #100
Milpitas, CA, US
951 Sandisk Dr
Redwood City, CA, US
2221 Broadway St
San Jose, CA, US
5853 Rue Ferrari #5863
Shanghai, CN
Lu-Jia-Zui Software Park B1/3F #98, Lane 91, Eshan Rd.
Show all (28)

Western Digital Financials and Metrics

Western Digital Revenue

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View revenue for all periods
Western Digital's revenue was reported to be $16.92 b in FY, 2021 which is a 1.1% increase from the previous period.
USD

Revenue (Q2, 2022)

4.8b

Gross profit (Q2, 2022)

1.6b

Gross profit margin (Q2, 2022), %

32.8%

Net income (Q2, 2022)

564.0m

EBIT (Q2, 2022)

727.0m

Market capitalization (4-May-2022)

19.6b

Closing stock price (4-May-2022)

62.9

Cash (31-Dec-2021)

2.5b

EV

24.4b
Western Digital's current market capitalization is $19.6 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

16.6b16.7b16.9b

Revenue growth, %

(20%)1%1%

Cost of goods sold

12.8b13.0b12.4b

Gross profit

3.8b3.8b4.5b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Revenue

4.0b4.2b4.2b3.9b3.9b4.1b5.1b4.8b

Cost of goods sold

3.3b3.3b3.2b3.0b3.0b3.0b3.4b3.3b

Gross profit

758.0m935.0m1.0b904.0m960.0m1.1b1.7b1.6b

Gross profit Margin, %

19%22%24%23%24%26%33%33%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

3.5b3.0b3.4b

Accounts Receivable

1.2b2.4b2.3b

Inventories

3.3b3.1b3.6b

Current Assets

8.5b9.0b9.8b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Cash

3.2b3.1b2.9b3.0b3.0b2.7b3.3b2.5b

Accounts Receivable

1.4b1.8b2.0b2.1b1.8b1.9b2.4b2.7b

Inventories

3.3b3.1b3.1b3.4b3.6b3.7b3.5b3.6b

Current Assets

8.5b8.6b8.6b9.0b9.1b9.0b9.9b9.5b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

(754.0m)(250.0m)821.0m

Depreciation and Amortization

1.8b1.6b1.2b

Inventories

(339.0m)200.0m(546.0m)

Accounts Payable

(588.0m)192.0m11.0m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Net Income

(276.0m)(415.0m)(398.0m)(60.0m)2.0m199.0m610.0m1.2b

Depreciation and Amortization

406.0m805.0m1.2b374.0m710.0m961.0m250.0m492.0m

Inventories

(5.0m)155.0m179.0m(285.0m)(505.0m)(613.0m)73.0m(30.0m)

Accounts Payable

155.0m170.0m131.0m99.0m70.0m(139.0m)(41.0m)96.0m
USDFY, 2019

EV/EBIT

242.5 x

EV/CFO

13.6 x

Revenue/Employee

268.1k

Debt/Equity

1.1 x

Debt/Assets

0.4 x

Financial Leverage

2.6 x

P/E Ratio

(18.4)
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Western Digital Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

DSO

394037302635384352494242

Exabytes Shipped

389383518

Patents Issued

14 k14 k13.5 k
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Western Digital Acquisitions / Subsidiaries

Company NameDateDeal Size
KioxiaAugust 26, 2021
Kazan NetworksSeptember 10, 2019
Tegile SystemsAugust 29, 2017
UpthereAugust 28, 2017
SanDiskOctober 21, 2015$19 b
Stec'sSeptember 12, 2013
Virident SystemsSeptember 09, 2013$685 m
VeloBitJuly 10, 2013
Arkeia SoftwareJanuary 22, 2013
HGSTMarch 08, 2012$4.8 b
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Western Digital Revenue Breakdown

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Western Digital revenue breakdown by business segment: 48.8% from Client Devices, 22.0% from Client Solutions and 29.3% from Data Center Devices & Solutions

Western Digital revenue breakdown by geographic segment: 25.6% from China, 18.1% from Europe, Middle East and Africa, 21.4% from Hong Kong, 8.8% from Rest of Asia, 22.4% from United States and 3.6% from Other

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Western Digital Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Western Digital Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Western Digital Online and Social Media Presence

Embed Graph

Western Digital Company Culture

  • Overall Culture

    C

    63/100

  • CEO Rating

    C+

    68/100

  • Compensation

    C+

    63/100

  • Diversity

    C-

    61/100

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Western Digital News and Updates

MarketWatch: Western Digital stock shoots toward best day in two years after activist pushes for business split

Shares of Western Digital Corp. were rocketing in Tuesday trading after Elliott Investment Management issued a call for the chip company to fully separate its flash and hard-disk-drive businesses and offered at least $1 billion in additional funds to help facilitate such a split.

Western Digital Comments on Letter from Elliott Management

“Western Digital maintains an ongoing dialogue with our shareholders and values constructive input on our business. We agree that Western Digital is an excellent, yet undervalued, company with strong positions in our flash and HDD businesses and look forward to engaging with Elliott to discuss their…

Western Digital stock shoots toward best day in two years

Western Digital stock shoots toward best day in two years

Western Digital stock rockets after Elliott Management calls for a split of the business

Shares of Western Digital Corp. [S: WDC] were surging 10% in premarket trading Tuesday after Elliott Investment Management called for the company to split its business in two and offered at least $1 billion in capital to help with a separation. Elliott issued a letter to Western Digital's board of d…

Elliott Investment Management Sends Letter to the Board of Western Digital Corporation

Calls for Full Strategic Review, Separation of Flash Business Sees $100+ per Share by 2023, ~100% Potential Upside Offers $1+ Billion of Incremental Equity Capital to Facilitate Separation Full Letter Available at ElliottLetters.com/WesternDigital WEST PALM BEACH, Fla., May 3, 2022...

Western Digital Reports Fiscal Third Quarter 2022 Financial Results

Revenue was $4.38 billion, up 6% year-over-year (YoY). Cloud revenue increased by 25%, Client revenue declined by 2%, and Consumer revenue declined 8% YoY.
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Western Digital Frequently Asked Questions

  • When was Western Digital founded?

    Western Digital was founded in 1970.

  • Who are Western Digital key executives?

    Western Digital's key executives are David Goeckeler, Michael C. Ray and Wissam Jabre.

  • How many employees does Western Digital have?

    Western Digital has 65,600 employees.

  • What is Western Digital revenue?

    Latest Western Digital annual revenue is $16.9 b.

  • What is Western Digital revenue per employee?

    Latest Western Digital revenue per employee is $258 k.

  • Who are Western Digital competitors?

    Competitors of Western Digital include Smart Global Holdings, SK hynix and Toshiba.

  • Where is Western Digital headquarters?

    Western Digital headquarters is located at 5601 Great Oaks Pkwy, San Jose.

  • Where are Western Digital offices?

    Western Digital has offices in San Jose, Irvine, Milpitas, Redwood City and in 20 other locations.

  • How many offices does Western Digital have?

    Western Digital has 28 offices.