Western Digital Corporation was founded in 1970 and is headquartered in Irvine, US

Chief Executive Officer

Executive Vice President, Memory Technology

Executive Vice President and Chief Technology Officer

Executive Vice President and Chief Human Resources Officer

Executive Vice President, Chief Legal Officer and Secretary

President and Chief Operating Officer

Executive Vice President, Silicon Operations

EVP, Chief Strategy Officer

Western Digital Corporation has an office in Irvine

Irvine, US (HQ)

3355 Michelson Drive, Suite 100

Western Digital Corporation's revenue was reported to be $4.6 b in Q3, 2017

USD

## Revenue (Q3, 2017) | 4.6 b |

## Gross profit (Q3, 2017) | 1.5 b |

## Gross profit margin (Q3, 2017), % | 33% |

## Net income (Q3, 2017) | 117 m |

## EBIT (Q3, 2017) | 525 m |

## Market capitalization (17-Aug-2017) | 24.7 b |

## Cash (31-Mar-2017) | 5.7 b |

Western Digital Corporation's current market capitalization is $24.7 b.

- Source: SEC Filings

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|

## Revenue | 15.1 b | 14.6 b | 13 b |

## Revenue growth, % | (4%) | (11%) | |

## Cost of goods sold | 10.8 b | 10.4 b | 9.6 b |

## Gross profit | 4.4 b | 4.2 b | 3.4 b |

## Gross profit Margin, % | 29% | 29% | 26% |

## R&D expense | 1.7 b | 1.6 b | 1.6 b |

## General and administrative expense | 813 m | 773 m | 997 m |

## Operating expense total | 2.6 b | 2.6 b | 3 b |

## EBIT | 1.8 b | 1.6 b | 466 m |

## EBIT margin, % | 12% | 11% | 4% |

## Interest expense | 56 m | 49 m | 266 m |

## Interest income | 15 m | 14 m | 26 m |

## Pre tax profit | 1.8 b | 1.6 b | 153 m |

## Income tax expense | 135 m | 112 m | (89 m) |

## Net Income | 1.6 b | 1.5 b | 242 m |

USD | Q1, 2014^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2015^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2016^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|

## Revenue | 3.9 b | 3.9 b | 3.6 b | 3.4 b | 3.3 b | 2.8 b | 4.7 b | 4.6 b |

## Cost of goods sold | 2.8 b | 2.8 b | 2.5 b | 2.4 b | 2.4 b | 2.1 b | 3.4 b | 3.1 b |

## Gross profit | 1.1 b | 1.1 b | 1 b | 955 m | 906 m | 753 m | 1.3 b | 1.5 b |

## Gross profit Margin, % | 29% | 29% | 29% | 28% | 27% | 27% | 28% | 33% |

## R&D expense | 437 m | 426 m | 402 m | 385 m | 389 m | 359 m | 639 m | 613 m |

## General and administrative expense | 220 m | 164 m | 199 m | 192 m | 207 m | 166 m | 396 m | 346 m |

## Operating expense total | 657 m | 590 m | 601 m | 577 m | 943 m | 525 m | 1 b | 959 m |

## EBIT | 469 m | 466 m | 421 m | 322 m | 251 m | 88 m | 232 m | 525 m |

## EBIT margin, % | 12% | 12% | 12% | 10% | 8% | 3% | 5% | 11% |

## Interest expense | (205 m) | (236 m) | (205 m) | |||||

## Interest income | 5 m | 5 m | 7 m | |||||

## Pre tax profit | 460 m | 458 m | 412 m | 314 m | 244 m | 80 m | 304 m | |

## Income tax expense | 37 m | 20 m | 28 m | 31 m | (7 m) | 6 m | 95 m | 56 m |

## Net Income | 423 m | 438 m | 384 m | 283 m | 251 m | 74 m | (366 m) | 117 m |

- Source: SEC Filings

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|

## Cash | 4.8 b | 5 b | 8.2 b |

## Accounts Receivable | 2 b | 1.5 b | 1.5 b |

## Inventories | 1.2 b | 1.4 b | 2.1 b |

## Current Assets | 8.7 b | 8.5 b | 12.6 b |

## PP&E | 3.3 b | 3 b | 3.5 b |

## Goodwill | 2.6 b | 2.8 b | 10 b |

## Total Assets | 15.5 b | 15.2 b | 32.9 b |

## Accounts Payable | 2 b | 1.9 b | 1.9 b |

## Total Debt | 2.4 b | 2.6 b | 17 b |

## Current Liabilities | 3.8 b | 3.2 b | 6.9 b |

## Total Liabilities | 21.7 b | ||

## Additional Paid-in Capital | 2.3 b | 2.4 b | 4.4 b |

## Retained Earnings | 8.1 b | 9.1 b | 8.8 b |

## Total Equity | 8.8 b | 9.2 b | 11.1 b |

## Debt to Equity Ratio | 0.3 x | 0.3 x | 1.5 x |

## Debt to Assets Ratio | 0.2 x | 0.2 x | 0.5 x |

## Financial Leverage | 1.8 x | 1.6 x | 2.9 x |

USD | Q1, 2014^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2015^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2016^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|

## Cash | 5.2 b | 4.9 b | 4.8 b | 5.1 b | 5.4 b | 5.9 b | 4.1 b | 5.7 b |

## Accounts Receivable | 1.9 b | 1.9 b | 1.7 b | 1.6 b | 1.7 b | 1.3 b | 2 b | 1.9 b |

## Inventories | 1.3 b | 1.3 b | 1.3 b | 1.3 b | 1.2 b | 1.2 b | 2.1 b | 2.3 b |

## Current Assets | 9 b | 8.7 b | 8.4 b | 8.7 b | 8.9 b | 8.7 b | 9.1 b | 10.3 b |

## PP&E | 3.2 b | 3.1 b | 3.1 b | 2.9 b | 2.8 b | 2.7 b | 3.4 b | 3.1 b |

## Goodwill | 2.6 b | 2.6 b | 2.7 b | 2.8 b | 2.8 b | 2.8 b | 10 b | 10 b |

## Total Assets | 15.7 b | 15.1 b | 15.2 b | 15.3 b | 15.5 b | 14.9 b | 29 b | 29.4 b |

## Accounts Payable | 2 b | 2.1 b | 2 b | 1.8 b | 1.8 b | 1.6 b | 1.9 b | 2.2 b |

## Current Liabilities | 3.9 b | 3.3 b | 3.2 b | 3.2 b | 3.2 b | 2.8 b | 3.9 b | 4.3 b |

## Additional Paid-in Capital | 2.3 b | 2.3 b | 2.4 b | 2.4 b | 2.4 b | 2.5 b | 4.5 b | 4.5 b |

## Retained Earnings | 8.4 b | 8.7 b | 9 b | 9.3 b | 9.4 b | 9.4 b | 8.3 b | 8.5 b |

## Total Equity | 9 b | 9.1 b | 9.2 b | 9.3 b | 9.6 b | 9.6 b | 10.8 b | 11 b |

## Financial Leverage | 1.7 x | 1.7 x | 1.6 x | 1.6 x | 1.6 x | 1.6 x | 2.7 x | 2.7 x |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|

## Net Income | 1.6 b | 1.5 b | 242 m |

## Depreciation and Amortization | 1.2 b | 1.1 b | 1.2 b |

## Accounts Receivable | (175 m) | 458 m | 466 m |

## Inventories | (143 m) | 306 m | |

## Accounts Payable | (32 m) | (148 m) | (299 m) |

## Cash From Operating Activities | 2.8 b | 2.2 b | 2 b |

## Purchases of PP&E | (628 m) | (612 m) | (584 m) |

## Cash From Investing Activities | (1.9 b) | (953 m) | (9.6 b) |

## Long-term Borrowings | (2.5 b) | (125 m) | (2.3 b) |

## Dividends Paid | (259 m) | (396 m) | (464 m) |

## Cash From Financing Activities | (385 m) | (1.1 b) | 10.8 b |

## Interest Paid | 46 m | 45 m | 113 m |

## Income Taxes Paid | 141 m | 47 m | 26 m |

USD | Q1, 2014^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2015^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2016^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|

## Net Income | 423 m | 438 m | 384 m | 283 m | 251 m | 74 m | (366 m) | 117 m |

## Depreciation and Amortization | 1 b | 508 m | 1.6 b | |||||

## Accounts Receivable | 1.9 b | 1.9 b | 1.7 b | 1.6 b | 1.7 b | 1.3 b | (562 m) | (489 m) |

## Inventories | 1.3 b | 1.3 b | 1.3 b | 1.3 b | 1.2 b | 1.2 b | 28 m | (117 m) |

## Accounts Payable | 2 b | 2.1 b | 2 b | 1.8 b | 1.8 b | 1.6 b | 99 m | 319 m |

## Cash From Operating Activities | 1.5 b | 440 m | 2.5 b | |||||

## Purchases of PP&E | (330 m) | (184 m) | (453 m) | |||||

## Cash From Investing Activities | (316 m) | (202 m) | (446 m) | |||||

## Long-term Borrowings | (8.3 b) | (8.2 b) | (12.2 b) | |||||

## Dividends Paid | (284 m) | (142 m) | (428 m) | |||||

## Cash From Financing Activities | (4.4 b) | (4.3 b) | (4.5 b) | |||||

## Interest Paid | 299 m | 93 m | 454 m | |||||

## Income Taxes Paid | 43 m | 18 m | 117 m |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 63.8 k |

## Financial Leverage | 2.7 x |

Western Digital Corporation's Backlog was reported to be $50 m in FY, 2016. Western Digital Corporation's Units Shipped was reported to be 185 m in FY, 2016, which is a 19% decrease from the previous period

- Source: SEC Filings

September 07, 2016

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