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Western Digital Corporation (WD) is a computer data storage company providing cost-effective solutions for the collection, management, protection and use of digital information. It offers performance hard disk drives (HDDs), capacity HDDs and drive configurations for use in data storage systems and tiered storage models; and enterprise solid state drives (SSDs) and software solutions to enhance performance in various enterprise workload environments. The Company also provides system solutions, data storage platforms and systems, datacenter software and systems. It offers client solutions that consist of HDDs and SSDs embedded into external storage products; removable cards, USB flash drives, and wireless drive products. Additionally, the Company licenses its intellectual property.

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TypePublic
Founded1970
HQSan Jose, US
Websitewdc.com

Latest Updates

Employees (est.) (Feb 2019)71,600
Job Openings1,925
Revenue (FY, 2018)$20.6 B(+9%)
Share Price (Feb 2019)$47.7

Key People/Management at Western Digital

Stephen Milligan

Stephen Milligan

CEO
Siva Sivaram

Siva Sivaram

Executive Vice President, Memory Technology
Martin Fink

Martin Fink

Executive Vice President and Chief Technology Officer
Jacqueline Demaria

Jacqueline Demaria

Executive Vice President and Chief Human Resources Officer
Michael Ray

Michael Ray

Executive Vice President, Chief Legal Officer and Secretary
Michael Cordano

Michael Cordano

President and Chief Operating Officer
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Western Digital Office Locations

Western Digital has an office in San Jose
San Jose, US (HQ)
5601 Great Oaks Pkwy
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Western Digital Financials and Metrics

Western Digital Revenue

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Western Digital's revenue was reported to be $20.65 b in FY, 2018 which is a 8.1% increase from the previous period.
USD

Revenue (Q2, 2019)

4.2b

Gross profit (Q2, 2019)

1.0b

Gross profit margin (Q2, 2019), %

24.7%

Net income (Q2, 2019)

(487.0m)

EBIT (Q2, 2019)

176.0m

Market capitalization (13-Feb-2019)

13.9b

Closing stock price (13-Feb-2019)

47.7

Cash (28-Dec-2018)

4.0b

EV

20.5b
Western Digital's current market capitalization is $13.9 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

13.0b19.1b20.6b

Revenue growth, %

(11%)47%8%

Cost of goods sold

9.6b13.0b12.9b

Gross profit

3.4b6.1b7.7b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

4.7b4.9b4.6b5.2b5.3b5.0b5.0b4.2b

Cost of goods sold

3.4b3.4b3.1b3.3b3.3b3.1b3.4b3.2b

Gross profit

1.3b1.5b1.5b1.9b2.0b1.9b1.7b1.0b

Gross profit Margin, %

28%31%33%37%38%38%33%25%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

8.2b6.4b5.0b

Accounts Receivable

1.5b1.9b2.2b

Inventories

2.1b2.3b2.9b

Current Assets

12.6b11.1b10.6b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

4.1b4.9b5.7b6.9b6.3b5.0b4.6b4.0b

Accounts Receivable

2.0b2.0b1.9b2.1b2.1b2.0b2.2b1.7b

Inventories

2.1b2.1b2.3b2.3b2.3b2.7b3.1b3.4b

Current Assets

9.1b9.6b10.3b11.8b11.1b10.2b10.6b9.7b
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

242.0m397.0m675.0m

Depreciation and Amortization

1.2b2.1b2.1b

Inventories

306.0m(204.0m)(598.0m)

Accounts Payable

(299.0m)223.0m(15.0m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

(366.0m)(131.0m)117.0m681.0m(142.0m)(81.0m)511.0m24.0m

Depreciation and Amortization

508.0m1.0b1.6b533.0m1.1b1.6b480.0m952.0m

Inventories

28.0m52.0m(117.0m)44.0m65.0m(324.0m)(175.0m)(483.0m)

Accounts Payable

99.0m180.0m319.0m(146.0m)(276.0m)(41.0m)(77.0m)(256.0m)
USDY, 2018

EV/EBIT

116.3 x

EV/CFO

17.4 x

Revenue/Employee

59.1k

Financial Leverage

2.6 x
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Western Digital Operating Metrics

Western Digital's Units Shipped was reported to be 185 m in FY, 2016. Western Digital's Backlog was reported to be $50m in FY, 2017.
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016FY, 2017

Units Shipped

62.60 m63.10 m60.40 m249 m64.70 m61 m54.50 m229 m51.70 m49.70 m43.10 m185 m

Average Selling Price Per Unit

$58 $60 $58 $58 $58 $60 $61 $60 $60 $61 $60 $61

Backlog

$50 m$50 m

Patents Issued

7 k7 k13.50 k14 k
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Western Digital Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Tegile SystemsAugust 29, 2017
UpthereAugust 28, 2017

Western Digital Revenue Breakdown

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Western Digital revenue breakdown by business segment: 21.6% from Client Solutions, 49.0% from Client Devices and 29.4% from Data Center Devices & Solutions

Western Digital revenue breakdown by geographic segment: 19.5% from Hong Kong, 18.7% from Europe, Middle East and Africa, 13.3% from Rest of Asia, 21.3% from China, 22.5% from United States and 4.8% from Other

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Western Digital Online and Social Media Presence

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Western Digital News and Updates

Electronic Computer Accessories 2019 Global Market Key Players - Western Digital Corporation, Logitech, Lenovo, Microsoft, ASUSTeK, AOC, GIGABYTE Technology, Intel Corporation.......

Electronic Computer Accessories – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday

Consumer Network Attached Storage (NAS) Market 2019 Global Analysis By Key Players – Western Digital Corporation, Netgear Inc., Synology Inc., ASUSTOR Inc., QNAP Systems

WiseGuyReports.Com Publish a New Market Research Report On –“ Consumer Network Attached Storage (NAS) Market 2019 Global Analysis By Key Players – Western Digital Corporation, Netgear Inc., Synology Inc., ASUSTOR Inc., QNAP Systems”. Posted via Industry Today. Follow us on Twitter @IndustryToday

The Ratings Game: Western Digital stock rallies, and brings Micron along for the ride

Western Digital Corp. shares rallied Friday following a drop late Thursday as the data storage device company reported an earnings miss and cut its outlook but provided a light at the end of the tunnel for the memory-chip industry.

UPDATE 2- Western Digital signals revenue rise in second half, shares climb

Western Digital Corp said on Thursday it expected revenue to improve in the second half and would cut costs, after posting lower-than-expected quarterly results due to waning demand for its data storage devices used in smartphones.

Western Digital stock falls after earnings and revenue miss

Western Digital Corp. shares fell roughly 5% in the extended session Thursday after the storage and memory maker missed analyst models for earnings and revenue. The company reported fiscal second-quarter net losses of $487 million, or $1.68 a share, compared with losses of $823 million, or $2.78 a …

Western Digital revenue slumps 20.7 percent

(Reuters) - Data storage device maker Western Digital Corp reported a bigger-than-expected 20.7 percent fall in quarterly revenue on Thursday, adding to concerns over a China-led slowdown in smartphone demand.
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Western Digital Company Life and Culture

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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 Stephen Milligan, Siva Sivaram and Martin Fink.

  • How many employees does Western Digital have?

    Western Digital has 71,600 employees.

  • What is Western Digital revenue?

    Latest Western Digital annual revenue is $20.6 b.

  • What is Western Digital revenue per employee?

    Latest Western Digital revenue per employee is $288.4 k.

  • Who are Western Digital competitors?

    Competitors of Western Digital include Netgear, SanDisk and NetApp.

  • 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 an office in San Jose.

  • How many offices does Western Digital have?

    Western Digital has 1 office.